Iceland Compensation of Employees (% of GDP) (2025)
Iceland's Compensation of Employees (% of GDP): 52.9 % of GDP (current prices) in 2025, -0.5pp YoY. Eurostat (NAMA_10_GDP), 2000–2025.
Iceland (2025)
52.9
% of GDP (current prices)
-0.5pp YoY
YoY Change
-0.5pp
percentage points
Trend
down
Series length
26
years of data
Data
| Year | % of GDP (current prices) | YoY Change |
|---|---|---|
| 2025 | 52.9 | -0.5pp |
| 2024 | 53.4 | +1pp |
| 2023 | 52.4 | +0.9pp |
| 2022 | 51.5 | -0.9pp |
| 2021 | 52.4 | -0.9pp |
| 2020 | 53.3 | unchanged |
| 2019 | 53.3 | -1.5pp |
| 2018 | 54.8 | +1.6pp |
| 2017 | 53.2 | +2.3pp |
| 2016 | 50.9 | +1.3pp |
| 2015 | 49.6 | +0.2pp |
| 2014 | 49.4 | +0.1pp |
| 2013 | 49.3 | +1pp |
| 2012 | 48.3 | +0.8pp |
| 2011 | 47.5 | +2pp |
| 2010 | 45.5 | +0.5pp |
| 2009 | 45 | -5.1pp |
| 2008 | 50.1 | -5pp |
| 2007 | 55.1 | +0.4pp |
| 2006 | 54.7 | +1.1pp |
About this Dataset
Iceland recorded 52.9 % of GDP (current prices) in 2025. The latest change was -0.5pp. Across 2000–2025 the series ranges from 45 in 2009 to 55.1 in 2007.
This page tracks compensation of employees (wages, salaries, and social contributions) as a share of GDP in Iceland from 2000 to present.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks compensation of employees (wages, salaries, and social contributions) as a share of GDP in Iceland from 2000 to present. It is published by Eurostat and updated annually.
The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations).
The series peaked at 55.1 % of GDP (current prices) in 2007 and reached its lowest recorded value of 45 in 2009. The latest reading of 52.9 in 2025 represents a change of -0.5pp.