Labor force participation rate, total (% of total population ages 15+) in Iceland

Iceland: Labor force participation rate, total (% of total population ages 15+) was 75.6% in 2025. ▲ Rising

Latest (2025)
75.6%
Change on year
down 0.9%
World rank
17th
of 199 countries
All-time high
83.8%
in 2000
All-time low
42.2%
in 1974
Years of data
47
1960–2025

Labor force participation rate, total (% of total population ages 15+) in Iceland, 1960–2025

020406080196019922025

Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).

Analysis

The most recent figure for labor force participation rate, total (% of total population ages 15+) in Iceland is 75.6%, measured in 2025.

The figure is down 0.9% on the previous year and down 8.9% over ten years.

Over the whole period, labor force participation rate, total (% of total population ages 15+) in Iceland peaked at 83.8% in 2000 and was at its lowest, 42.2%, in 1974.

That places Iceland 17th out of 199 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently rising across the 47 years of available data.

Labor force participation rate, total (% of total population ages 15+) in Iceland, year by year

Annual values for Labor force participation rate, total (% of total population ages 15+) (national estimate) in Iceland, 1960 to 2025.
Year Value Change
1960 59.6%
1974 42.2% -29.2%
1975 60.5% +43.5%
1976 60.4% -0.1%
1977 60.4% -0.0%
1979 71.0% +17.5%
1980 44.8% -36.8%
1981 71.1% +58.4%
1982 71.6% +0.7%
1983 72.3% +1.1%
1985 50.4% -30.3%
1986 51.5% +2.2%
1991 79.1% +53.6%
1992 80.0% +1.1%
1993 79.3% -0.9%
1994 79.4% +0.1%
1995 82.2% +3.6%
1996 81.2% -1.3%
1997 80.1% -1.4%
1998 81.3% +1.6%
1999 82.7% +1.7%
2000 83.8% +1.3%
2001 83.5% -0.4%
2002 82.8% -0.9%
2003 83.1% +0.4%
2004 81.9% -1.4%
2005 81.4% -0.7%
2006 82.5% +1.4%
2007 82.7% +0.2%
2008 81.9% -0.9%
2009 80.3% -1.9%
2010 80.4% +0.1%
2011 79.8% -0.7%
2012 79.9% +0.1%
2013 80.7% +1.0%
2014 82.1% +1.8%
2015 83.0% +1.0%
2016 83.8% +1.0%
2017 82.9% -1.1%
2018 81.8% -1.3%
2019 81.2% -0.7%
2020 79.0% -2.8%
2021 73.5% -6.9%
2022 74.6% +1.5%
2023 75.0% +0.6%
2024 76.3% +1.6%
2025 75.6% -0.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 59.6% 59.6% 59.6% 1
1970s 58.9% 42.2% 71.0% 5
1980s 60.3% 44.8% 72.3% 6
1990s 80.6% 79.1% 82.7% 9
2000s 82.4% 80.3% 83.8% 10
2010s 81.6% 79.8% 83.8% 10
2020s 75.7% 73.5% 79.0% 6

Countries ranked near Iceland

  1. 14 Burundi 78.6% compare
  2. 15 Rwanda 76.8% compare
  3. 16 Benin 76.3% compare
  4. 18 Bahamas 75.3% compare
  5. 19 Madagascar 75.0% compare
  6. 20 Angola 74.3% compare

See the full ranking of 232 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labor force participation rate, total (% of total population ages 15+) in Iceland?
Labor force participation rate, total (% of total population ages 15+) in Iceland was 75.6% in 2025, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
What is the highest labor force participation rate, total (% of total population ages 15+) recorded in Iceland?
The highest recorded value was 83.8% in 2000.
What is the lowest labor force participation rate, total (% of total population ages 15+) recorded in Iceland?
The lowest recorded value was 42.2% in 1974.
How does Iceland rank for labor force participation rate, total (% of total population ages 15+)?
Iceland ranks 17th out of 199 countries with data for 2025.
Is labor force participation rate, total (% of total population ages 15+) rising or falling in Iceland?
Over the last ten years it is down 8.9%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Labor force participation rate, total (% of total population ages 15+) (national estimate). Statizoid updates them automatically from the source API.

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Labor force participation rate, total (% of total population ages 15+) in Iceland. Statizoid, drawing on Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 08 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-total-percent-of-total-population-ages-15-national-estimate/iceland/

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About this data

Indicator
Labor force participation rate, total (% of total population ages 15+) (national estimate)
Source
Labour Force Statistics database (LFS), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
232 places, 5,713 data points, 1960–2025
Last refreshed

Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.