Labour force (ILO modelled estimates) in Iceland

Iceland: Labour force (ILO modelled estimates) was 250.5 in 2027. β–² Rising

Latest (2027)
250.5
Change on year
up 0.8%
World rank
173rd
of 188 countries
All-time high
250.5
in 2027
All-time low
139
in 1990
Years of data
38
1990–2027

Labour force (ILO modelled estimates) in Iceland, 1990–2027

01002003001990200820271990: 1391991: 1411992: 143.81993: 144.51994: 146.61995: 1531996: 151.81997: 151.81998: 157.11999: 162.12000: 1682001: 170.32002: 169.82003: 172.72004: 172.82005: 175.22006: 183.32007: 189.72008: 191.92009: 188.62010: 187.92011: 187.42012: 1892013: 192.62014: 197.92015: 202.52016: 208.12017: 212.52018: 216.72019: 221.52020: 219.22021: 222.62022: 231.22023: 237.42024: 243.12025: 246.12026: 248.62027: 250.5

Source: International Labour Organization.

Analysis

In 2027, labour force (ilo modelled estimates) in Iceland stood at 250.5. That is the highest value across all 38 years on record.

The figure is up 0.8% on the previous year and up 17.9% over ten years.

Over the whole period, labour force (ilo modelled estimates) in Iceland peaked at 250.5 in 2027 and was at its lowest, 139, in 1990.

Iceland ranks 173rd of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 38 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 149.06 139 162.09 10
2000s 178.25 168.01 191.95 10
2010s 201.62 187.43 221.51 10
2020s 237.33 219.16 250.5 8

Countries ranked near Iceland

  1. 170 Djibouti 276.79 compare
  2. 171 Western Sahara 273.75 compare
  3. 172 Suriname 263.41 compare
  4. 174 Bahamas 247.09 compare
  5. 175 Brunei Darussalam 240.28 compare
  6. 176 Cabo Verde 233.52 compare

See the full ranking of 276 places β†’

More work & labour data for Iceland

All data for Iceland β†’

Frequently asked questions

What is labour force (ilo modelled estimates) in Iceland?
Labour force (ilo modelled estimates) in Iceland was 250.5 in 2027, according to International Labour Organization.
What is the highest labour force (ilo modelled estimates) recorded in Iceland?
The highest recorded value was 250.5 in 2027.
What is the lowest labour force (ilo modelled estimates) recorded in Iceland?
The lowest recorded value was 139 in 1990.
How does Iceland rank for labour force (ilo modelled estimates)?
Iceland ranks 173rd out of 188 countries with data for 2027.
Is labour force (ilo modelled estimates) rising or falling in Iceland?
Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Labour Organization, published as part of Labour force (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.

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Labour force (ILO modelled estimates) in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 21 August 2026, from https://labour.statizoid.com/stat/labour-force-ilo-modelled-estimates-15/iceland/

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About this data

Indicator
Labour force (ILO modelled estimates) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,464 data points, 1990–2027
Last refreshed

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. The labour force is the sum of all persons of working age who are employed and those who are unemployed. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.