Full-time equivalent employment (ILO modelled estimates) in Iceland

Iceland: Full-time equivalent employment (ILO modelled estimates) was 195.69 in 2027. ▲ Rising

Latest (2027)
195.69
Change on year
up 0.8%
World rank
175th
of 188 countries
All-time high
195.69
in 2027
All-time low
145.41
in 2010
Years of data
23
2005–2027

Full-time equivalent employment (ILO modelled estimates) in Iceland, 2005–2027

0501001502002005201620272005: 152.32006: 158.52007: 163.42008: 165.42009: 147.92010: 145.42011: 147.72012: 149.62013: 1532014: 162.92015: 1692016: 175.22017: 177.82018: 180.62019: 181.12020: 170.72021: 1722022: 182.82023: 187.42024: 189.72025: 1922026: 194.12027: 195.7

Source: International Labour Organization.

Analysis

In 2027, full-time equivalent employment (ilo modelled estimates) in Iceland stood at 195.69. That is the highest value across all 23 years on record.

The figure is up 0.8% on the previous year and up 10.1% over ten years.

Over the whole period, full-time equivalent employment (ilo modelled estimates) in Iceland peaked at 195.69 in 2027 and was at its lowest, 145.41, in 2010.

That places Iceland 175th out of 188 countries with data for 2027, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 23 years of available data.

Full-time equivalent employment (ILO modelled estimates) in Iceland, year by year

Annual values for Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week) in Iceland, 2005 to 2027.
Year Value Change
2005 152.29
2006 158.46 +4.1%
2007 163.36 +3.1%
2008 165.4 +1.2%
2009 147.88 -10.6%
2010 145.41 -1.7%
2011 147.74 +1.6%
2012 149.62 +1.3%
2013 152.98 +2.2%
2014 162.93 +6.5%
2015 169.03 +3.7%
2016 175.15 +3.6%
2017 177.76 +1.5%
2018 180.59 +1.6%
2019 181.06 +0.3%
2020 170.69 -5.7%
2021 171.97 +0.7%
2022 182.79 +6.3%
2023 187.35 +2.5%
2024 189.71 +1.3%
2025 191.99 +1.2%
2026 194.12 +1.1%
2027 195.69 +0.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 157.48 147.88 165.4 5
2010s 164.23 145.41 181.06 10
2020s 185.54 170.69 195.69 8

Countries ranked near Iceland

  1. 172 Suriname 242.47 compare
  2. 173 Cape Verde 236.89 compare
  3. 174 Bahamas 204.77 compare
  4. 176 Belize 173.31 compare
  5. 177 Djibouti 157.31 compare
  6. 178 Barbados 121.05 compare

See the full ranking of 276 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is full-time equivalent employment (ilo modelled estimates) in Iceland?
Full-time equivalent employment (ilo modelled estimates) in Iceland was 195.69 in 2027, according to International Labour Organization.
What is the highest full-time equivalent employment (ilo modelled estimates) recorded in Iceland?
The highest recorded value was 195.69 in 2027.
What is the lowest full-time equivalent employment (ilo modelled estimates) recorded in Iceland?
The lowest recorded value was 145.41 in 2010.
How does Iceland rank for full-time equivalent employment (ilo modelled estimates)?
Iceland ranks 175th out of 188 countries with data for 2027.
Is full-time equivalent employment (ilo modelled estimates) rising or falling in Iceland?
Over the last ten years it is up 10.1%. 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 Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).

Share, cite or embed this page

Cite this page

Full-time equivalent employment (ILO modelled estimates) in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 26 August 2026, from https://labour.statizoid.com/stat/full-time-equivalent-employment-ilo-modelled-estimates-based-on-40-hours-per-week/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under ILO Terms of Use (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/full-time-equivalent-employment-ilo-modelled-estimates-based-on-40-hours-per-week/iceland/">Full-time equivalent employment (ILO modelled estimates) in Iceland</a> — Statizoid

About this data

Indicator
Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 6,324 data points, 2005–2027
Last refreshed

Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This indicator refers to total weekly hours actually worked for employed persons in their main job divided by 40 or 48. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.