Annual employment by institutional sector, domestic concept — Total in Iceland
Iceland: Annual employment by institutional sector, domestic concept — Total was 321.3 Hours in 2024. ▲ Rising
Annual employment by institutional sector, domestic concept — Total in Iceland, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Hours.
Analysis
Iceland recorded 321.3 Hours for annual employment by institutional sector, domestic concept — total in 2024. That is the highest value across all 25 years on record.
That represents a change of up 1.0% on the previous year and up 21.0% over ten years.
Over the whole period, annual employment by institutional sector, domestic concept — total in Iceland peaked at 321.3 Hours in 2024 and was at its lowest, 248.28 Hours, in 2010.
The long-run direction has been consistently rising across the 25 years of available data.
Annual employment by institutional sector, domestic concept — Total in Iceland, year by year
| Year | Hours | Change |
|---|---|---|
| 2000 | 256.54 Hours | — |
| 2001 | 257.16 Hours | +0.2% |
| 2002 | 253.74 Hours | -1.3% |
| 2003 | 250.85 Hours | -1.1% |
| 2004 | 253.2 Hours | +0.9% |
| 2005 | 260.96 Hours | +3.1% |
| 2006 | 270.5 Hours | +3.7% |
| 2007 | 276.75 Hours | +2.3% |
| 2008 | 291.4 Hours | +5.3% |
| 2009 | 252.89 Hours | -13.2% |
| 2010 | 248.28 Hours | -1.8% |
| 2011 | 252.64 Hours | +1.8% |
| 2012 | 254.96 Hours | +0.9% |
| 2013 | 261.08 Hours | +2.4% |
| 2014 | 265.61 Hours | +1.7% |
| 2015 | 272.81 Hours | +2.7% |
| 2016 | 286.82 Hours | +5.1% |
| 2017 | 296.44 Hours | +3.4% |
| 2018 | 303.18 Hours | +2.3% |
| 2019 | 299.58 Hours | -1.2% |
| 2020 | 282.34 Hours | -5.8% |
| 2021 | 285.51 Hours | +1.1% |
| 2022 | 305.7 Hours | +7.1% |
| 2023 | 317.96 Hours | +4.0% |
| 2024 | 321.3 Hours | +1.0% |
Iceland compared with similar countries
- Iceland's 321.3 Hours is below the median for Europe & Central Asia, which is 8,991 Hours, 4% of the median. (16 countries reporting)
- Iceland's 321.3 Hours is below the median for high income countries, which is 10,089 Hours, 3% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 262.4 Hours | 250.85 Hours | 291.4 Hours | 10 |
| 2010s | 274.14 Hours | 248.28 Hours | 303.18 Hours | 10 |
| 2020s | 302.56 Hours | 282.34 Hours | 321.3 Hours | 5 |
Countries ranked near Iceland
- 14 Denmark 4,415 Hours compare
- 15 Finland 4,252 Hours compare
- 16 Luxembourg 757.12 Hours compare
- 18 United Kingdom 55.89 Hours compare
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
Frequently asked questions
- What is annual employment by institutional sector, domestic concept — total in Iceland?
- Annual employment by institutional sector, domestic concept — total in Iceland was 321.3 Hours in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual employment by institutional sector, domestic concept — total recorded in Iceland?
- The highest recorded value was 321.3 Hours in 2024.
- What is the lowest annual employment by institutional sector, domestic concept — total recorded in Iceland?
- The lowest recorded value was 248.28 Hours in 2010.
- How does Iceland rank for annual employment by institutional sector, domestic concept — total?
- Iceland ranks 17th out of 18 countries with data for 2024.
- Is annual employment by institutional sector, domestic concept — total rising or falling in Iceland?
- Over the last ten years it is up 21.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual employment by institutional sector, domestic concept — Total employment. Statizoid updates them automatically from the source API.
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About this data
This table presents employment by institutional sector: Non-financial Corporations, Financial corporations, General Government, Households and Non-profit institutions serving households (NPISHs). For countries where information is available, the table also shows employment data for public corporations. The default view of the table is for persons, but users can select alternative views for jobs and hours using the ‘Unit of measure’ filter. Employment covers employees and self-employed people. This table shows total employment according to the domestic concept, which is defined by the location of the producer unit: employees are residents and non-residents employed by resident producer units; and self-employed people are resident and non-resident self-employed people in resident producer units. These indicators were presented in the previous dissemination system in the SNA_TABLE3 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org