Employment (ILO modelled estimates), per unit of GDP in Iceland
Iceland: Employment (ILO modelled estimates), per unit of GDP was 0 units per US$ of GDP in 2025. ▼ Falling
Employment (ILO modelled estimates), per unit of GDP in Iceland, 1991–2025
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for employment (ilo modelled estimates), per unit of gdp in Iceland is 0 units per US$ of GDP, measured in 2025. That is the lowest value across all 35 years on record.
Compared with earlier readings it is down 12.9% on the previous year and down 44.0% over ten years.
Over the whole period, employment (ilo modelled estimates), per unit of gdp in Iceland peaked at 0 units per US$ of GDP in 1993 and was at its lowest, 0 units per US$ of GDP, in 2025.
That places Iceland 179th out of 185 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Employment (ILO modelled estimates), per unit of GDP in Iceland, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1991 | 0 units per US$ of GDP | — |
| 1992 | 0 units per US$ of GDP | -2.3% |
| 1993 | 0 units per US$ of GDP | +13.3% |
| 1994 | 0 units per US$ of GDP | -1.4% |
| 1995 | 0 units per US$ of GDP | -6.3% |
| 1996 | 0 units per US$ of GDP | -3.2% |
| 1997 | 0 units per US$ of GDP | -0.5% |
| 1998 | 0 units per US$ of GDP | -6.9% |
| 1999 | 0 units per US$ of GDP | -1.2% |
| 2000 | 0 units per US$ of GDP | +3.5% |
| 2001 | 0 units per US$ of GDP | +11.4% |
| 2002 | 0 units per US$ of GDP | -12.8% |
| 2003 | 0 units per US$ of GDP | -18.1% |
| 2004 | 0 units per US$ of GDP | -17.2% |
| 2005 | 0 units per US$ of GDP | -16.2% |
| 2006 | 0 units per US$ of GDP | +1.2% |
| 2007 | 0 units per US$ of GDP | -16.2% |
| 2008 | 0 units per US$ of GDP | +20.9% |
| 2009 | 0 units per US$ of GDP | +29.7% |
| 2010 | 0 units per US$ of GDP | -5.8% |
| 2011 | 0 units per US$ of GDP | -9.3% |
| 2012 | 0 units per US$ of GDP | +5.0% |
| 2013 | 0 units per US$ of GDP | -5.6% |
| 2014 | 0 units per US$ of GDP | -7.1% |
| 2015 | 0 units per US$ of GDP | +5.4% |
| 2016 | 0 units per US$ of GDP | -12.8% |
| 2017 | 0 units per US$ of GDP | -13.9% |
| 2018 | 0 units per US$ of GDP | -4.2% |
| 2019 | 0 units per US$ of GDP | +8.3% |
| 2020 | 0 units per US$ of GDP | +9.9% |
| 2021 | 0 units per US$ of GDP | -15.2% |
| 2022 | 0 units per US$ of GDP | -4.4% |
| 2023 | 0 units per US$ of GDP | -5.2% |
| 2024 | 0 units per US$ of GDP | -2.2% |
| 2025 | 0 units per US$ of GDP | -12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 9 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2020s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 6 |
Countries ranked near Iceland
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 employment (ilo modelled estimates), per unit of gdp in Iceland?
- Employment (ilo modelled estimates), per unit of gdp in Iceland was 0 units per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest employment (ilo modelled estimates), per unit of gdp recorded in Iceland?
- The highest recorded value was 0 units per US$ of GDP in 1993.
- What is the lowest employment (ilo modelled estimates), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0 units per US$ of GDP in 2025.
- How does Iceland rank for employment (ilo modelled estimates), per unit of gdp?
- Iceland ranks 179th out of 185 countries with data for 2025.
- Is employment (ilo modelled estimates), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 44.0%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Employment (ILO modelled estimates), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Employment (ILO modelled estimates) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Employment (ILO modelled estimates) ÷ GDP (current US$)
Computed from
- Employment International Labour Organization
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Employment (ILO modelled estimates) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.