Labour dependency ratio in Iceland
Iceland: Labour dependency ratio was 0.678 in 2027. ▼ Falling
Labour dependency ratio in Iceland, 1991–2027
Source: International Labour Organization.
Analysis
Iceland recorded 0.678 for labour dependency ratio in 2027.
That represents a change of up 2.4% over ten years.
Over the whole period, labour dependency ratio in Iceland peaked at 0.926 in 1993 and was at its lowest, 0.662, in 2016.
That places Iceland 184th out of 188 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 37 years of available data.
Labour dependency ratio in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 0.877 | — |
| 1992 | 0.897 | +2.3% |
| 1993 | 0.926 | +3.2% |
| 1994 | 0.917 | -1.0% |
| 1995 | 0.844 | -8.0% |
| 1996 | 0.838 | -0.7% |
| 1997 | 0.855 | +2.0% |
| 1998 | 0.8 | -6.4% |
| 1999 | 0.75 | -6.3% |
| 2000 | 0.707 | -5.7% |
| 2001 | 0.706 | -0.1% |
| 2002 | 0.746 | +5.7% |
| 2003 | 0.747 | +0.1% |
| 2004 | 0.762 | +2.0% |
| 2005 | 0.739 | -3.0% |
| 2006 | 0.706 | -4.5% |
| 2007 | 0.681 | -3.5% |
| 2008 | 0.704 | +3.4% |
| 2009 | 0.821 | +16.6% |
| 2010 | 0.832 | +1.3% |
| 2011 | 0.831 | -0.1% |
| 2012 | 0.806 | -3.0% |
| 2013 | 0.777 | -3.6% |
| 2014 | 0.74 | -4.8% |
| 2015 | 0.702 | -5.1% |
| 2016 | 0.662 | -5.7% |
| 2017 | 0.662 | +0.0% |
| 2018 | 0.674 | +1.8% |
| 2019 | 0.688 | +2.1% |
| 2020 | 0.77 | +11.9% |
| 2021 | 0.781 | +1.4% |
| 2022 | 0.71 | -9.1% |
| 2023 | 0.692 | -2.5% |
| 2024 | 0.678 | -2.0% |
| 2025 | 0.679 | +0.1% |
| 2026 | 0.678 | -0.1% |
| 2027 | 0.678 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.856 | 0.75 | 0.926 | 9 |
| 2000s | 0.7319 | 0.681 | 0.821 | 10 |
| 2010s | 0.7374 | 0.662 | 0.832 | 10 |
| 2020s | 0.7083 | 0.678 | 0.781 | 8 |
Countries ranked near Iceland
- 181 Republic of Moldova 0.726 compare
- 182 Cambodia 0.712 compare
- 183 Kuwait 0.697 compare
- 185 Singapore 0.659 compare
- 186 Korea, Democratic People's Republic of 0.555 compare
- 187 United Arab Emirates 0.544 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 labour dependency ratio in Iceland?
- Labour dependency ratio in Iceland was 0.678 in 2027, according to International Labour Organization.
- What is the highest labour dependency ratio recorded in Iceland?
- The highest recorded value was 0.926 in 1993.
- What is the lowest labour dependency ratio recorded in Iceland?
- The lowest recorded value was 0.662 in 2016.
- How does Iceland rank for labour dependency ratio?
- Iceland ranks 184th out of 188 countries with data for 2027.
- Is labour dependency ratio rising or falling in Iceland?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of Labour dependency ratio (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This indicator provides the ratio of dependents (persons aged 0 to 14 + persons aged 15 and above that are either outside the labour force or unemployed) to total employment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.