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

Iceland recorded 74.9% for labor force participation rate in 2025.

Compared with earlier readings it 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%.

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.

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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).