Jobs gap rate in Iceland

Iceland: Jobs gap rate was 8.4 in 2023. ▲ Rising

Latest (2023)
8.4
Change on year
down 2.3%
World rank
47th
of 70 countries
All-time high
11.6
in 2012
All-time low
4.4
in 2007
Years of data
23
1998–2023

Jobs gap rate in Iceland, 1998–2023

02.557.51012.51998201020231998: 8.31999: 6.62000: 6.92001: 7.22002: 82006: 52007: 4.42008: 5.32009: 10.52010: 10.92011: 10.62012: 11.62013: 11.52014: 10.72015: 10.32016: 9.12017: 8.52018: 6.32019: 7.42020: 10.62021: 11.62022: 8.62023: 8.4

Source: International Labour Organization.

Analysis

Iceland recorded 8.4 for jobs gap rate in 2023.

The figure is down 2.3% on the previous year and down 27.0% over ten years.

Over the whole period, jobs gap rate in Iceland peaked at 11.6 in 2012 and was at its lowest, 4.4, in 2007.

Iceland ranks 47th of 70 countries on this measure, in the middle of the range.

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

Jobs gap rate in Iceland, year by year

Annual values for Jobs gap rate in Iceland, 1998 to 2023.
Year Value Change
1998 8.3
1999 6.6 -20.5%
2000 6.9 +4.5%
2001 7.2 +4.3%
2002 8 +11.1%
2006 5 -37.5%
2007 4.4 -12.0%
2008 5.3 +20.5%
2009 10.5 +98.1%
2010 10.9 +3.8%
2011 10.6 -2.8%
2012 11.6 +9.4%
2013 11.5 -0.9%
2014 10.7 -7.0%
2015 10.3 -3.7%
2016 9.1 -11.7%
2017 8.5 -6.6%
2018 6.3 -25.9%
2019 7.4 +17.5%
2020 10.6 +43.2%
2021 11.6 +9.4%
2022 8.6 -25.9%
2023 8.4 -2.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.45 6.6 8.3 2
2000s 6.76 4.4 10.5 7
2010s 9.69 6.3 11.6 10
2020s 9.8 8.4 11.6 4

Countries ranked near Iceland

  1. 45 Canada 9.1 compare
  2. 46 Croatia 8.5 compare
  3. 48 Romania 8.2 compare
  4. 49 Slovakia 7.9 compare
  5. 50 Brunei Darussalam 7.8 compare

See the full ranking of 157 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is jobs gap rate in Iceland?
Jobs gap rate in Iceland was 8.4 in 2023, according to International Labour Organization.
What is the highest jobs gap rate recorded in Iceland?
The highest recorded value was 11.6 in 2012.
What is the lowest jobs gap rate recorded in Iceland?
The lowest recorded value was 4.4 in 2007.
How does Iceland rank for jobs gap rate?
Iceland ranks 47th out of 70 countries with data for 2023.
Is jobs gap rate rising or falling in Iceland?
Over the last ten years it is down 27.0%. 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 Jobs gap rate. Statizoid updates them automatically from the source API.

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Jobs gap rate in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 08 September 2026, from https://labour.statizoid.com/stat/jobs-gap-rate/iceland/

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About this data

Indicator
Jobs gap rate
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
157 places, 3,301 data points, 1991–2027
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. The jobs gap rate is defined as the sum of the unemployed, the potential labour force and willing non-jobseekers divided by the sum of the extended labour force and willing non-jobseekers. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.