Iceland vs United Kingdom: Productivity: output per hour worked

Iceland

75.65 international-$ in 2021 prices per hour

in 2023

United Kingdom

68.03 international-$ in 2021 prices per hour

in 2023

Iceland rank

14th

United Kingdom rank

17th

Productivity: output per hour worked over time

Iceland
United Kingdom

How they compare

Iceland currently reports 75.65 international-$ in 2021 prices per hour against 68.03 international-$ in 2021 prices per hour in United Kingdom, a difference of 7.62 international-$ in 2021 prices per hour.

That makes Iceland's figure about 1.1 times United Kingdom's.

The two have swapped places 12 times across 60 shared years of data; in 1964 it was Iceland ahead.

Globally, Iceland ranks 14th and United Kingdom ranks 17th of 130 countries.

Individual pages

About this data

Indicator: Productivity: output per hour worked
Unit: international-$ in 2021 prices per hour
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 130 places, 4,965 data points, 1950–2023
Last refreshed: 06 August 2026

Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.