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

Iceland: Employment by main industry (NACE Rev.2) - national accounts was 82,221 Thousand hours worked in 2026. ▲ Rising

Latest (2026)
82,221 Thousand hours worked
Change on year
down 1.9%
World rank
40th
of 40 countries
All-time high
84,871 Thousand hours worked
in 2024
All-time low
60,379 Thousand hours worked
in 1991
Years of data
36
1991–2026

Employment by main industry (NACE Rev.2) - national accounts in Iceland, 1991–2026

020.0k40.0k60.0k80.0k1991200820261991: 60.4k Thousand hours worked1992: 60.7k Thousand hours worked1993: 60.7k Thousand hours worked1994: 61.1k Thousand hours worked1995: 62.0k Thousand hours worked1996: 62.7k Thousand hours worked1997: 63.4k Thousand hours worked1998: 64.7k Thousand hours worked1999: 66.4k Thousand hours worked2000: 67.4k Thousand hours worked2001: 67.0k Thousand hours worked2002: 65.9k Thousand hours worked2003: 65.5k Thousand hours worked2004: 66.7k Thousand hours worked2005: 69.1k Thousand hours worked2006: 71.5k Thousand hours worked2007: 72.6k Thousand hours worked2008: 73.4k Thousand hours worked2009: 65.5k Thousand hours worked2010: 64.8k Thousand hours worked2011: 66.3k Thousand hours worked2012: 66.8k Thousand hours worked2013: 68.2k Thousand hours worked2014: 69.8k Thousand hours worked2015: 73.4k Thousand hours worked2016: 76.0k Thousand hours worked2017: 78.5k Thousand hours worked2018: 79.4k Thousand hours worked2019: 77.4k Thousand hours worked2020: 72.9k Thousand hours worked2021: 77.7k Thousand hours worked2022: 82.3k Thousand hours worked2023: 84.0k Thousand hours worked2024: 84.9k Thousand hours worked2025: 83.8k Thousand hours worked2026: 82.2k Thousand hours worked

Source: Eurostat. Measured in Thousand hours worked.

Analysis

Iceland recorded 82,221 Thousand hours worked for employment by main industry (nace rev.2) - national accounts in 2026.

Compared with earlier readings it is down 1.9% on the previous year and up 8.1% over ten years.

Over the whole period, employment by main industry (nace rev.2) - national accounts in Iceland peaked at 84,871 Thousand hours worked in 2024 and was at its lowest, 60,379 Thousand hours worked, in 1991.

Iceland ranks 40th of 40 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 36 years of available data.

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

Annual values for Employment by main industry (NACE Rev.2) - national accounts - quarterly data in Iceland, 1991 to 2026.
Year Thousand hours worked Change
1991 60,379 Thousand hours worked
1992 60,699 Thousand hours worked +0.5%
1993 60,659 Thousand hours worked -0.1%
1994 61,101 Thousand hours worked +0.7%
1995 61,971 Thousand hours worked +1.4%
1996 62,672 Thousand hours worked +1.1%
1997 63,396 Thousand hours worked +1.2%
1998 64,733 Thousand hours worked +2.1%
1999 66,408 Thousand hours worked +2.6%
2000 67,392 Thousand hours worked +1.5%
2001 67,050 Thousand hours worked -0.5%
2002 65,932 Thousand hours worked -1.7%
2003 65,498 Thousand hours worked -0.7%
2004 66,710 Thousand hours worked +1.9%
2005 69,078 Thousand hours worked +3.5%
2006 71,471 Thousand hours worked +3.5%
2007 72,633 Thousand hours worked +1.6%
2008 73,415 Thousand hours worked +1.1%
2009 65,477 Thousand hours worked -10.8%
2010 64,801 Thousand hours worked -1.0%
2011 66,261 Thousand hours worked +2.3%
2012 66,780 Thousand hours worked +0.8%
2013 68,155 Thousand hours worked +2.1%
2014 69,795 Thousand hours worked +2.4%
2015 73,449 Thousand hours worked +5.2%
2016 76,032 Thousand hours worked +3.5%
2017 78,549 Thousand hours worked +3.3%
2018 79,427 Thousand hours worked +1.1%
2019 77,443 Thousand hours worked -2.5%
2020 72,939 Thousand hours worked -5.8%
2021 77,730 Thousand hours worked +6.6%
2022 82,259 Thousand hours worked +5.8%
2023 83,966 Thousand hours worked +2.1%
2024 84,871 Thousand hours worked +1.1%
2025 83,820 Thousand hours worked -1.2%
2026 82,221 Thousand hours worked -1.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 62,446 Thousand hours worked 60,379 Thousand hours worked 66,408 Thousand hours worked 9
2000s 68,466 Thousand hours worked 65,477 Thousand hours worked 73,415 Thousand hours worked 10
2010s 72,069 Thousand hours worked 64,801 Thousand hours worked 79,427 Thousand hours worked 10
2020s 81,115 Thousand hours worked 72,939 Thousand hours worked 84,871 Thousand hours worked 7

Countries ranked near Iceland

  1. 37 Cyprus 238,274 Thousand hours worked compare
  2. 38 Luxembourg 192,020 Thousand hours worked compare
  3. 39 Malta 164,305 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 in Iceland?
Employment by main industry (nace rev.2) - national accounts in Iceland was 82,221 Thousand hours worked in 2026, according to Eurostat.
What is the highest employment by main industry (nace rev.2) - national accounts recorded in Iceland?
The highest recorded value was 84,871 Thousand hours worked in 2024.
What is the lowest employment by main industry (nace rev.2) - national accounts recorded in Iceland?
The lowest recorded value was 60,379 Thousand hours worked in 1991.
How does Iceland rank for employment by main industry (nace rev.2) - national accounts?
Iceland ranks 40th out of 40 countries with data for 2026.
Is employment by main industry (nace rev.2) - national accounts rising or falling in Iceland?
Over the last ten years it is up 8.1%. 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 - quarterly data. Statizoid updates them automatically from the source API.

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Employment by main industry (NACE Rev.2) - national accounts 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-quarterly-data/iceland/

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About this data

Indicator
Employment by main industry (NACE Rev.2) - national accounts - quarterly data
Unit
Thousand hours worked
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,464 data points, 1980–2026
Last refreshed