Labor force participation rate in Iceland

Iceland: Labor force participation rate was 74.9% in 2025. ▬ Flat

Latest (2025)
74.9%
Change on year
down 0.3%
World rank
17th
of 186 countries
All-time high
77.9%
in 2000
All-time low
72.7%
in 1990
Years of data
36
1990–2025

Labor force participation rate in Iceland, 1990–2025

0204060801990200720251990: 72.7 %1991: 72.7 %1992: 73.3 %1993: 72.9 %1994: 73.2 %1995: 75.7 %1996: 74.4 %1997: 73.5 %1998: 75 %1999: 76.3 %2000: 77.9 %2001: 77.8 %2002: 76.7 %2003: 77.2 %2004: 76.3 %2005: 75.7 %2006: 76.9 %2007: 77.2 %2008: 76.4 %2009: 74.8 %2010: 74.7 %2011: 74.2 %2012: 74.3 %2013: 74.9 %2014: 76 %2015: 76.7 %2016: 77.4 %2017: 76.9 %2018: 76 %2019: 75.7 %2020: 73.6 %2021: 73.4 %2022: 74.5 %2023: 74.7 %2024: 75.2 %2025: 74.9 %

Source: ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for labor force participation rate in Iceland is 74.9%, measured in 2025.

The figure is down 0.3% on the previous year and down 2.3% over ten years.

Over the whole period, labor force participation rate in Iceland peaked at 77.9% in 2000 and was at its lowest, 72.7%, in 1990.

Iceland ranks 17th of 186 countries on this measure, in the top 10%.

Labor force participation rate in Iceland, year by year

Annual values for Labor force participation rate in Iceland, 1990 to 2025.
Year % Change
1990 72.7%
1991 72.7% +0.1%
1992 73.3% +0.7%
1993 72.9% -0.5%
1994 73.2% +0.4%
1995 75.7% +3.4%
1996 74.4% -1.7%
1997 73.5% -1.2%
1998 75.0% +2.0%
1999 76.3% +1.7%
2000 77.9% +2.1%
2001 77.8% -0.1%
2002 76.7% -1.4%
2003 77.2% +0.7%
2004 76.3% -1.2%
2005 75.7% -0.8%
2006 76.9% +1.5%
2007 77.2% +0.3%
2008 76.4% -1.0%
2009 74.8% -2.1%
2010 74.7% -0.2%
2011 74.2% -0.7%
2012 74.3% +0.1%
2013 74.9% +0.8%
2014 76.0% +1.4%
2015 76.7% +0.9%
2016 77.4% +1.0%
2017 76.9% -0.7%
2018 76.0% -1.2%
2019 75.7% -0.4%
2020 73.6% -2.8%
2021 73.4% -0.2%
2022 74.5% +1.4%
2023 74.7% +0.4%
2024 75.2% +0.5%
2025 74.9% -0.3%

Iceland compared with similar countries

  • Iceland's 74.9% is above the median for high income countries, which is 62.3%, 1.2× the median. (62 countries reporting)
  • Iceland's 74.9% is above the median for Europe & Central Asia, which is 60.2%, 1.2× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 74.0% 72.7% 76.3% 10
2000s 76.7% 74.8% 77.9% 10
2010s 75.7% 74.2% 77.4% 10
2020s 74.4% 73.4% 75.2% 6

Countries ranked near Iceland

  1. 14 Burundi 78.3% compare
  2. 15 Liberia 76.6% compare
  3. 16 Benin 76.4% compare
  4. 18 Angola 74.8% compare
  5. 19 Bahamas 73.8% compare
  6. 20 South Sudan 73.4% compare

See the full ranking of 186 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labor force participation rate in Iceland?
Labor force participation rate in Iceland was 74.9% in 2025, according to ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest labor force participation rate recorded in Iceland?
The highest recorded value was 77.9% in 2000.
What is the lowest labor force participation rate recorded in Iceland?
The lowest recorded value was 72.7% in 1990.
How does Iceland rank for labor force participation rate?
Iceland ranks 17th out of 186 countries with data for 2025.
Is labor force participation rate rising or falling in Iceland?
Over the last ten years it is down 2.3%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data, published as part of Labor force participation rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Labor force participation rate in Iceland. Statizoid, drawing on ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate/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 CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://labour.statizoid.com/stat/labor-force-participation-rate/iceland/">Labor force participation rate in Iceland</a> — Statizoid

About this data

Indicator
Labor force participation rate
Unit
%
Source
ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,682 data points, 1990–2025
Last refreshed

Share of the working-age population (ages 15 and over) who are economically active (employed or unemployed).