Unemployment Rate in Iceland increased to 5.50 percent in February from 4.90 percent in January of 2025. This dataset provides the latest reported value for - Iceland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The unemployment rate in Iceland was forecast to continuously increase between 2024 and 2029 by in total 0.2 percentage points. The rate is estimated to amount to four percent in 2029. This indicator describes the unemployment rate which can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The latter defines it as the number of unemployed people divided by the total labour force.Find more statistics on other topics about Iceland with key insights such as the national debt, the growth of the real the gross domestic product, and the ratio of government expenditure to the gross domestic product.

Graph and download economic data for Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Iceland (LRUN64TTISQ156N) from Q2 1999 to Q3 2024 about Iceland, 15 to 64 years, unemployment, and rate.

In Iceland, the monthly unemployment rate increased steadily through 2020, peaking at 7.1 percent in November and December that year, before it started decreasing in 2021. In December 2022, the monthly unemployment rate in Iceland stood at only 3.7 percent.

In Iceland, the quarterly unemployment rate for both men and women rose sharply through the two latter quarters of 2020. This can be explained by the outbreak of COVID-19. The rates fell sharply in the third quarter of 2021, reaching pre-pandemic levels for the first time since the outbreak. In the third quarter of 2023, the unemployment rate in Iceland was 2.9 percent among men and 3.1 percent among women.

Iceland Unemployment Rate: 16 to 74 Years: sa data was reported at 3.540 % in Jan 2025. This records an increase from the previous number of 3.510 % for Dec 2024. Iceland Unemployment Rate: 16 to 74 Years: sa data is updated monthly, averaging 4.130 % from Jan 2011 (Median) to Jan 2025, with 169 observations. The data reached an all-time high of 8.792 % in Jan 2011 and a record low of 3.048 % in Sep 2018. Iceland Unemployment Rate: 16 to 74 Years: sa data remains active status in CEIC and is reported by Statistics Iceland. The data is categorized under Global Database’s Iceland – Table IS.G016: Unemployment Rate: 16 to 74 Years.

Employment Rate in Iceland decreased to 76 percent in February from 77.40 percent in January of 2025. This dataset provides - Iceland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Iceland (LFHU24TTISA647S) from 2003 to 2024 about Iceland, 15 to 24 years, and unemployment.

Unemployment rates in Iceland were highest within the age group 16-24, standing at 8.4 percent in 2022. It was lowest among people aged between 55 and 74 years at only two percent. The unemployment rate is the share of unemployed people in the total workforce.

Iceland Unemployment Rate: 16 to 74 Years data was reported at 5.205 % in Jan 2025. This records an increase from the previous number of 3.689 % for Dec 2024. Iceland Unemployment Rate: 16 to 74 Years data is updated monthly, averaging 4.343 % from Jan 2011 (Median) to Jan 2025, with 169 observations. The data reached an all-time high of 12.459 % in May 2011 and a record low of 1.151 % in Jul 2017. Iceland Unemployment Rate: 16 to 74 Years data remains active status in CEIC and is reported by Statistics Iceland. The data is categorized under Global Database’s Iceland – Table IS.G016: Unemployment Rate: 16 to 74 Years.

Youth Unemployment Rate in Iceland increased to 12.60 percent in February from 9.60 percent in January of 2025. This dataset provides the latest reported value for - Iceland Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Iceland Unemployment Rate: sa: Male data was reported at 2.665 % in Dec 2018. This records a decrease from the previous number of 2.703 % for Nov 2018. Iceland Unemployment Rate: sa: Male data is updated monthly, averaging 3.421 % from Jan 2003 (Median) to Dec 2018, with 192 observations. The data reached an all-time high of 8.628 % in Dec 2009 and a record low of 2.429 % in Feb 2007. Iceland Unemployment Rate: sa: Male data remains active status in CEIC and is reported by Statistics Iceland. The data is categorized under Global Database’s Iceland – Table IS.G015: Unemployment Rate: 16 to 74 Years.

Iceland Unemployment Rate: 16 to 74 Years: Male data was reported at 7.086 % in Jan 2025. This records an increase from the previous number of 3.462 % for Dec 2024. Iceland Unemployment Rate: 16 to 74 Years: Male data is updated monthly, averaging 4.720 % from Jan 2011 (Median) to Jan 2025, with 169 observations. The data reached an all-time high of 14.940 % in Apr 2011 and a record low of 0.649 % in Jul 2017. Iceland Unemployment Rate: 16 to 74 Years: Male data remains active status in CEIC and is reported by Statistics Iceland. The data is categorized under Global Database’s Iceland – Table IS.G016: Unemployment Rate: 16 to 74 Years.

In 2023, the youth unemployment rate in Iceland increased by 0.7 percentage points (+8.26 percent) compared to 2022. In total, the youth unemployment rate amounted to 9.16 percent in 2023. The youth unemployment rate refers to the share of the economically active population aged 15 to 24 currently without work but in search of employment. The youth unemployment rate does not include economically inactive persons such as the long-term unemployed or full-time students.Find more statistics on other topics about Iceland with key insights such as labor participation rate among the total population aged between 15 and 64.

Graph and download economic data for Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Iceland (LMUNRRTTISA156S) from 1988 to 2011 about Iceland, unemployment, and rate.

Iceland Unemployment Rate: Quarterly: Female data was reported at 2.327 % in Sep 2018. This records a decrease from the previous number of 3.186 % for Jun 2018. Iceland Unemployment Rate: Quarterly: Female data is updated quarterly, averaging 3.300 % from Mar 2003 (Median) to Sep 2018, with 63 observations. The data reached an all-time high of 8.000 % in Jun 2010 and a record low of 1.800 % in Dec 2007. Iceland Unemployment Rate: Quarterly: Female data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.G015: Unemployment Rate: 16 to 74 Years.

Iceland Unemployment Rate: Quarterly: Male data was reported at 2.020 % in Sep 2018. This records a decrease from the previous number of 3.883 % for Jun 2018. Iceland Unemployment Rate: Quarterly: Male data is updated quarterly, averaging 3.800 % from Mar 2003 (Median) to Sep 2018, with 63 observations. The data reached an all-time high of 10.700 % in Jun 2009 and a record low of 1.200 % in Sep 2005. Iceland Unemployment Rate: Quarterly: Male data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.G015: Unemployment Rate: 16 to 74 Years.

The number of unemployed people in Iceland rose sharply from March 2020 to April 2020, when it increased from 5,700 in March to 12,000 in April and 16,100 the following month. It then fluctuated more, peaking in November 2020. By December 2022, the number of unemployed people in Iceland was just above 7,000. The unemployment rate in Iceland fell below five percent in December 2021 and was around four percent as of July 2022.

Graph and download economic data for Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Iceland (LRHU24MAISA156S) from 2003 to 2024 about Iceland, 15 to 24 years, males, harmonized, unemployment, and rate.

Iceland IS: Unemployment Rate data was reported at 3.008 % in 2016. This records a decrease from the previous number of 3.992 % for 2015. Iceland IS: Unemployment Rate data is updated yearly, averaging 2.996 % from Dec 1985 (Median) to 2016, with 32 observations. The data reached an all-time high of 7.558 % in 2010 and a record low of 0.400 % in 1987. Iceland IS: Unemployment Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Iceland – Table IS.IMF.IFS: Labour Force, Employment and Unemployment: Annual.