Labour force participation rate (ILO modelled estimates) in Iceland

Iceland: Labour force participation rate (ILO modelled estimates) was 74.49 in 2027. ▬ Flat

Latest (2027)
74.49
Change on year
down 0.3%
World rank
18th
of 188 countries
All-time high
77.86
in 2000
All-time low
72.68
in 1990
Years of data
38
1990–2027

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

0204060801990200820271990: 72.71991: 72.71992: 73.31993: 72.91994: 73.21995: 75.71996: 74.41997: 73.51998: 751999: 76.32000: 77.92001: 77.82002: 76.72003: 77.22004: 76.32005: 75.72006: 76.92007: 77.22008: 76.42009: 74.82010: 74.72011: 74.22012: 74.32013: 74.92014: 762015: 76.72016: 77.42017: 76.92018: 762019: 75.72020: 73.62021: 73.42022: 74.52023: 74.72024: 75.22025: 74.92026: 74.72027: 74.5

Source: International Labour Organization.

Analysis

The most recent figure for labour force participation rate (ilo modelled estimates) in Iceland is 74.49, measured in 2027.

Compared with earlier readings it is down 0.3% on the previous year and down 3.1% over ten years.

Over the whole period, labour force participation rate (ilo modelled estimates) in Iceland peaked at 77.86 in 2000 and was at its lowest, 72.68, in 1990.

That places Iceland 18th out of 188 countries with data for 2027, putting it in the top 10%.

Labour force participation rate (ILO modelled estimates) in Iceland, year by year

Annual values for Labour force participation rate (ILO modelled estimates) (15+) in Iceland, 1990 to 2027.
Year Value Change
1990 72.68 —
1991 72.74 +0.1%
1992 73.25 +0.7%
1993 72.92 -0.5%
1994 73.18 +0.4%
1995 75.67 +3.4%
1996 74.38 -1.7%
1997 73.53 -1.2%
1998 75.01 +2.0%
1999 76.27 +1.7%
2000 77.86 +2.1%
2001 77.78 -0.1%
2002 76.72 -1.4%
2003 77.23 +0.7%
2004 76.31 -1.2%
2005 75.73 -0.8%
2006 76.89 +1.5%
2007 77.16 +0.3%
2008 76.42 -1.0%
2009 74.83 -2.1%
2010 74.69 -0.2%
2011 74.19 -0.7%
2012 74.28 +0.1%
2013 74.9 +0.8%
2014 75.97 +1.4%
2015 76.68 +0.9%
2016 77.42 +1.0%
2017 76.89 -0.7%
2018 75.98 -1.2%
2019 75.7 -0.4%
2020 73.56 -2.8%
2021 73.41 -0.2%
2022 74.47 +1.4%
2023 74.75 +0.4%
2024 75.15 +0.5%
2025 74.93 -0.3%
2026 74.71 -0.3%
2027 74.49 -0.3%

Iceland compared with similar countries

  • Iceland's 74.49 is above the median for high income countries, which is 62.3, 1.2× the median. (62 countries reporting)
  • Iceland's 74.49 is above the median for Europe & Central Asia, which is 59.43, 1.3× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 73.96 72.68 76.27 10
2000s 76.69 74.83 77.86 10
2010s 75.67 74.19 77.42 10
2020s 74.43 73.41 75.15 8

Countries ranked near Iceland

  1. 15 Liberia 76.53 compare
  2. 16 Benin 76.47 compare
  3. 17 Angola 74.63 compare
  4. 19 South Sudan 73.41 compare
  5. 20 Central African Republic 73.32 compare
  6. 21 Bahamas 73.25 compare

See the full ranking of 276 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labour force participation rate (ilo modelled estimates) in Iceland?
Labour force participation rate (ilo modelled estimates) in Iceland was 74.49 in 2027, according to International Labour Organization.
What is the highest labour force participation rate (ilo modelled estimates) recorded in Iceland?
The highest recorded value was 77.86 in 2000.
What is the lowest labour force participation rate (ilo modelled estimates) recorded in Iceland?
The lowest recorded value was 72.68 in 1990.
How does Iceland rank for labour force participation rate (ilo modelled estimates)?
Iceland ranks 18th out of 188 countries with data for 2027.
Is labour force participation rate (ilo modelled estimates) rising or falling in Iceland?
Over the last ten years it is down 3.1%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from International Labour Organization, published as part of Labour force participation rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.

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Labour force participation rate (ILO modelled estimates) in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 04 October 2026, from https://labour.statizoid.com/stat/labour-force-participation-rate-ilo-modelled-estimates-15/iceland/

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About this data

Indicator
Labour force participation rate (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 participation rate is the labour force as a percent of the working-age population. 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.