Employment by main industry (NACE Rev.2) - national accounts - annual in Iceland

Iceland: Employment by main industry (NACE Rev.2) - national accounts - annual was 319,120 Thousand hours worked in 2025. ▲ Rising

Latest (2025)
319,120 Thousand hours worked
Change on year
down 0.7%
World rank
40th
of 40 countries
All-time high
321,297 Thousand hours worked
in 2024
All-time low
229,489 Thousand hours worked
in 1991
Years of data
35
1991–2025

Employment by main industry (NACE Rev.2) - national accounts - annual in Iceland, 1991–2025

0100.0k200.0k300.0k1991200820251991: 229.5k Thousand hours worked1992: 231.4k Thousand hours worked1993: 231.5k Thousand hours worked1994: 232.3k Thousand hours worked1995: 235.3k Thousand hours worked1996: 238.3k Thousand hours worked1997: 240.9k Thousand hours worked1998: 245.2k Thousand hours worked1999: 251.4k Thousand hours worked2000: 256.5k Thousand hours worked2001: 257.2k Thousand hours worked2002: 253.7k Thousand hours worked2003: 250.9k Thousand hours worked2004: 253.2k Thousand hours worked2005: 261.0k Thousand hours worked2006: 270.5k Thousand hours worked2007: 276.7k Thousand hours worked2008: 291.4k Thousand hours worked2009: 252.9k Thousand hours worked2010: 248.3k Thousand hours worked2011: 252.6k Thousand hours worked2012: 255.0k Thousand hours worked2013: 261.1k Thousand hours worked2014: 265.6k Thousand hours worked2015: 272.8k Thousand hours worked2016: 286.8k Thousand hours worked2017: 296.4k Thousand hours worked2018: 303.2k Thousand hours worked2019: 299.6k Thousand hours worked2020: 282.3k Thousand hours worked2021: 285.5k Thousand hours worked2022: 305.7k Thousand hours worked2023: 318.0k Thousand hours worked2024: 321.3k Thousand hours worked2025: 319.1k Thousand hours worked

Source: Eurostat. Measured in Thousand hours worked.

Analysis

Iceland recorded 319,120 Thousand hours worked for employment by main industry (nace rev.2) - national accounts - annual in 2025.

Compared with earlier readings it is down 0.7% on the previous year and up 17.0% over ten years.

Over the whole period, employment by main industry (nace rev.2) - national accounts - annual in Iceland peaked at 321,297 Thousand hours worked in 2024 and was at its lowest, 229,489 Thousand hours worked, in 1991.

That places Iceland 40th out of 40 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Employment by main industry (NACE Rev.2) - national accounts - annual in Iceland, year by year

Annual values for Employment by main industry (NACE Rev.2) - national accounts - annual data in Iceland, 1991 to 2025.
Year Thousand hours worked Change
1991 229,489 Thousand hours worked
1992 231,355 Thousand hours worked +0.8%
1993 231,498 Thousand hours worked +0.1%
1994 232,348 Thousand hours worked +0.4%
1995 235,261 Thousand hours worked +1.3%
1996 238,315 Thousand hours worked +1.3%
1997 240,916 Thousand hours worked +1.1%
1998 245,150 Thousand hours worked +1.8%
1999 251,424 Thousand hours worked +2.6%
2000 256,541 Thousand hours worked +2.0%
2001 257,164 Thousand hours worked +0.2%
2002 253,741 Thousand hours worked -1.3%
2003 250,851 Thousand hours worked -1.1%
2004 253,197 Thousand hours worked +0.9%
2005 260,959 Thousand hours worked +3.1%
2006 270,496 Thousand hours worked +3.7%
2007 276,745 Thousand hours worked +2.3%
2008 291,399 Thousand hours worked +5.3%
2009 252,889 Thousand hours worked -13.2%
2010 248,276 Thousand hours worked -1.8%
2011 252,641 Thousand hours worked +1.8%
2012 254,961 Thousand hours worked +0.9%
2013 261,084 Thousand hours worked +2.4%
2014 265,608 Thousand hours worked +1.7%
2015 272,808 Thousand hours worked +2.7%
2016 286,823 Thousand hours worked +5.1%
2017 296,442 Thousand hours worked +3.4%
2018 303,182 Thousand hours worked +2.3%
2019 299,582 Thousand hours worked -1.2%
2020 282,341 Thousand hours worked -5.8%
2021 285,506 Thousand hours worked +1.1%
2022 305,701 Thousand hours worked +7.1%
2023 317,960 Thousand hours worked +4.0%
2024 321,297 Thousand hours worked +1.0%
2025 319,120 Thousand hours worked -0.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 237,306 Thousand hours worked 229,489 Thousand hours worked 251,424 Thousand hours worked 9
2000s 262,398 Thousand hours worked 250,851 Thousand hours worked 291,399 Thousand hours worked 10
2010s 274,141 Thousand hours worked 248,276 Thousand hours worked 303,182 Thousand hours worked 10
2020s 305,321 Thousand hours worked 282,341 Thousand hours worked 321,297 Thousand hours worked 6

Countries ranked near Iceland

  1. 37 Cyprus 955,979 Thousand hours worked compare
  2. 38 Luxembourg 761,953 Thousand hours worked compare
  3. 39 Malta 625,503 Thousand hours worked compare

See the full ranking of 45 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is employment by main industry (nace rev.2) - national accounts - annual in Iceland?
Employment by main industry (nace rev.2) - national accounts - annual in Iceland was 319,120 Thousand hours worked in 2025, according to Eurostat.
What is the highest employment by main industry (nace rev.2) - national accounts - annual recorded in Iceland?
The highest recorded value was 321,297 Thousand hours worked in 2024.
What is the lowest employment by main industry (nace rev.2) - national accounts - annual recorded in Iceland?
The lowest recorded value was 229,489 Thousand hours worked in 1991.
How does Iceland rank for employment by main industry (nace rev.2) - national accounts - annual?
Iceland ranks 40th out of 40 countries with data for 2025.
Is employment by main industry (nace rev.2) - national accounts - annual rising or falling in Iceland?
Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Employment by main industry (NACE Rev.2) - national accounts - annual data. Statizoid updates them automatically from the source API.

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Employment by main industry (NACE Rev.2) - national accounts - annual in Iceland. Statizoid, drawing on Eurostat. Retrieved 01 September 2026, from https://labour.statizoid.com/stat/employment-by-main-industry-nace-rev-2-national-accounts-annual-data/iceland/

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About this data

Indicator
Employment by main industry (NACE Rev.2) - national accounts - annual data
Unit
Thousand hours worked
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,460 data points, 1975–2025
Last refreshed