Labor force participation rate by age in Iceland
Iceland: Labor force participation rate by age was 82.18 in 2024. ▲ Rising
Latest (2024)
82.18
Change on year
up 4.5%
World rank
2nd
of 188 countries
All-time high
83.03
in 2016
All-time low
58.17
in 1993
Years of data
35
1990–2024
Labor force participation rate by age in Iceland, 1990–2024
Source: Our World in Data.
Analysis
In 2024, labor force participation rate by age in Iceland stood at 82.18.
The figure is up 4.5% on the previous year and up 5.1% over ten years.
Over the whole period, labor force participation rate by age in Iceland peaked at 83.03 in 2016 and was at its lowest, 58.17, in 1993.
That places Iceland 2nd out of 188 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
Labor force participation rate by age in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 59.43 | — |
| 1991 | 59.48 | +0.1% |
| 1992 | 60.48 | +1.7% |
| 1993 | 58.17 | -3.8% |
| 1994 | 58.48 | +0.5% |
| 1995 | 70.32 | +20.2% |
| 1996 | 65.82 | -6.4% |
| 1997 | 65.93 | +0.2% |
| 1998 | 72.13 | +9.4% |
| 1999 | 71.84 | -0.4% |
| 2000 | 77.36 | +7.7% |
| 2001 | 79.91 | +3.3% |
| 2002 | 71.37 | -10.7% |
| 2003 | 80.33 | +12.6% |
| 2004 | 79.31 | -1.3% |
| 2005 | 76.12 | -4.0% |
| 2006 | 78.65 | +3.3% |
| 2007 | 79.87 | +1.5% |
| 2008 | 78.17 | -2.1% |
| 2009 | 73.14 | -6.4% |
| 2010 | 73.67 | +0.7% |
| 2011 | 73.08 | -0.8% |
| 2012 | 75.71 | +3.6% |
| 2013 | 78.06 | +3.1% |
| 2014 | 78.18 | +0.2% |
| 2015 | 80.17 | +2.5% |
| 2016 | 83.03 | +3.6% |
| 2017 | 82.27 | -0.9% |
| 2018 | 80.32 | -2.4% |
| 2019 | 78.58 | -2.2% |
| 2020 | 72.87 | -7.3% |
| 2021 | 74.63 | +2.4% |
| 2022 | 77.94 | +4.4% |
| 2023 | 78.67 | +0.9% |
| 2024 | 82.18 | +4.5% |
Iceland compared with similar countries
- Iceland's 82.18 is above the median for high income countries, which is 40.59, 2.0× the median. (62 countries reporting)
- Iceland's 82.18 is above the median for Europe & Central Asia, which is 37.06, 2.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 64.21 | 58.17 | 72.13 | 10 |
| 2000s | 77.42 | 71.37 | 80.33 | 10 |
| 2010s | 78.31 | 73.08 | 83.03 | 10 |
| 2020s | 77.26 | 72.87 | 82.18 | 5 |
Countries ranked near Iceland
- 1 Netherlands 83.25 compare
- 3 North Korea 78.47 compare
- 4 Madagascar 72.45 compare
- 5 Niger 71.2 compare
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 labor force participation rate by age in Iceland?
- Labor force participation rate by age in Iceland was 82.18 in 2024, according to Our World in Data.
- What is the highest labor force participation rate by age recorded in Iceland?
- The highest recorded value was 83.03 in 2016.
- What is the lowest labor force participation rate by age recorded in Iceland?
- The lowest recorded value was 58.17 in 1993.
- How does Iceland rank for labor force participation rate by age?
- Iceland ranks 2nd out of 188 countries with data for 2024.
- Is labor force participation rate by age rising or falling in Iceland?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Labor force participation rate by age. Statizoid updates them automatically from the source API.
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