Employment in Iceland

Iceland: Employment was 227.24 in 2025. ▲ Rising

Latest (2025)
227.24
Change on year
down 1.0%
World rank
138th
of 174 countries
All-time high
229.53
in 2024
All-time low
136.61
in 1993
Years of data
35
1991–2025

Employment in Iceland, 1991–2025

0501001502002501991200820251991: 136.91992: 136.91993: 136.61994: 137.71995: 139.71996: 140.31997: 139.31998: 144.61999: 150.62000: 156.62001: 158.12002: 156.42003: 157.52004: 156.42005: 159.92006: 167.82007: 175.52008: 177.12009: 166.22010: 165.82011: 1662012: 167.92013: 173.22014: 177.62015: 183.62016: 190.52017: 193.92018: 198.32019: 2012020: 194.52021: 1972022: 210.42023: 220.32024: 229.52025: 227.2

Source: International Labour Organization.

Analysis

Iceland recorded 227.24 for employment in 2025.

The figure is down 1.0% on the previous year and up 23.7% over ten years.

Over the whole period, employment in Iceland peaked at 229.53 in 2024 and was at its lowest, 136.61, in 1993.

Iceland ranks 138th of 174 countries on this measure, in the bottom quarter.

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

Employment in Iceland, year by year

Annual values for Employment (previous ILO definition - ICLS13) in Iceland, 1991 to 2025.
Year Value Change
1991 136.94 —
1992 136.89 -0.0%
1993 136.61 -0.2%
1994 137.7 +0.8%
1995 139.74 +1.5%
1996 140.28 +0.4%
1997 139.31 -0.7%
1998 144.62 +3.8%
1999 150.65 +4.2%
2000 156.58 +3.9%
2001 158.06 +0.9%
2002 156.42 -1.0%
2003 157.48 +0.7%
2004 156.38 -0.7%
2005 159.86 +2.2%
2006 167.85 +5.0%
2007 175.53 +4.6%
2008 177.06 +0.9%
2009 166.24 -6.1%
2010 165.76 -0.3%
2011 165.98 +0.1%
2012 167.9 +1.2%
2013 173.23 +3.2%
2014 177.62 +2.5%
2015 183.65 +3.4%
2016 190.48 +3.7%
2017 193.88 +1.8%
2018 198.34 +2.3%
2019 201.02 +1.3%
2020 194.53 -3.2%
2021 197 +1.3%
2022 210.39 +6.8%
2023 220.3 +4.7%
2024 229.53 +4.2%
2025 227.24 -1.0%

Iceland compared with similar countries

  • Iceland's 227.24 is below the median for high income countries, which is 2,235, 10% of the median. (72 countries reporting)
  • Iceland's 227.24 is below the median for Europe & Central Asia, which is 3,067, 7% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 140.3 136.61 150.65 9
2000s 163.14 156.38 177.06 10
2010s 181.78 165.76 201.02 10
2020s 213.17 194.53 229.53 6

Countries ranked near Iceland

  1. 135 Fiji 319.04 compare
  2. 136 Montenegro 282.58 compare
  3. 137 Guyana 254.13 compare
  4. 139 Brunei 222.98 compare
  5. 140 Bahamas 208.2 compare
  6. 141 Cape Verde 206.34 compare

See the full ranking of 261 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is employment in Iceland?
Employment in Iceland was 227.24 in 2025, according to International Labour Organization.
What is the highest employment recorded in Iceland?
The highest recorded value was 229.53 in 2024.
What is the lowest employment recorded in Iceland?
The lowest recorded value was 136.61 in 1993.
How does Iceland rank for employment?
Iceland ranks 138th out of 174 countries with data for 2025.
Is employment rising or falling in Iceland?
Over the last ten years it is up 23.7%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Labour Organization, published as part of Employment (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.

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Employment in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 04 October 2026, from https://labour.statizoid.com/stat/employment-previous-ilo-definition-icls13/iceland/

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About this data

Indicator
Employment (previous ILO definition - ICLS13)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
261 places, 6,860 data points, 1947–2026
Last refreshed