Labour indicators levels - Regions — Unemployment in Iceland
Iceland: Labour indicators levels - Regions — Unemployment was 8,500 Persons in 2024. ▲ Rising
Labour indicators levels - Regions — Unemployment in Iceland, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Persons.
Analysis
The most recent figure for labour indicators levels - regions — unemployment in Iceland is 8,500 Persons, measured in 2024.
Compared with earlier readings it is up 6.2% on the previous year and down 6.6% over ten years.
Over the whole period, labour indicators levels - regions — unemployment in Iceland peaked at 13,600 Persons in 2010 and was at its lowest, 3,000 Persons, in 2001.
That places Iceland 46th out of 46 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Labour indicators levels - Regions — Unemployment in Iceland, year by year
| Year | Persons | Change |
|---|---|---|
| 1995 | 7,200 Persons | — |
| 1996 | 5,500 Persons | -23.6% |
| 1997 | 5,700 Persons | +3.6% |
| 1998 | 4,100 Persons | -28.1% |
| 1999 | 3,400 Persons | -17.1% |
| 2000 | 3,100 Persons | -8.8% |
| 2001 | 3,000 Persons | -3.2% |
| 2002 | 4,800 Persons | +60.0% |
| 2003 | 6,600 Persons | +37.5% |
| 2004 | 6,600 Persons | +0.0% |
| 2005 | 4,200 Persons | -36.4% |
| 2006 | 4,900 Persons | +16.7% |
| 2007 | 4,000 Persons | -18.4% |
| 2008 | 5,400 Persons | +35.0% |
| 2009 | 12,900 Persons | +138.9% |
| 2010 | 13,600 Persons | +5.4% |
| 2011 | 12,500 Persons | -8.1% |
| 2012 | 10,700 Persons | -14.4% |
| 2013 | 9,800 Persons | -8.4% |
| 2014 | 9,100 Persons | -7.1% |
| 2015 | 7,600 Persons | -16.5% |
| 2016 | 5,800 Persons | -23.7% |
| 2017 | 5,500 Persons | -5.2% |
| 2018 | 5,500 Persons | +0.0% |
| 2019 | 7,300 Persons | +32.7% |
| 2020 | 11,300 Persons | +54.8% |
| 2021 | 12,600 Persons | +11.5% |
| 2022 | 8,300 Persons | -34.1% |
| 2023 | 8,000 Persons | -3.6% |
| 2024 | 8,500 Persons | +6.2% |
Iceland compared with similar countries
- Iceland's 8,500 Persons is below the median for high income countries, which is 273,650 Persons, 3% of the median. (38 countries reporting)
- Iceland's 8,500 Persons is below the median for Europe & Central Asia, which is 269,500 Persons, 3% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Labour indicators levels - Regions — Unemployment in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +138.9% | 5,400 Persons | 12,900 Persons |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,180 Persons | 3,400 Persons | 7,200 Persons | 5 |
| 2000s | 5,550 Persons | 3,000 Persons | 12,900 Persons | 10 |
| 2010s | 8,740 Persons | 5,500 Persons | 13,600 Persons | 10 |
| 2020s | 9,740 Persons | 8,000 Persons | 12,600 Persons | 5 |
Countries ranked near Iceland
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 indicators levels - regions — unemployment in Iceland?
- Labour indicators levels - regions — unemployment in Iceland was 8,500 Persons in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest labour indicators levels - regions — unemployment recorded in Iceland?
- The highest recorded value was 13,600 Persons in 2010.
- What is the lowest labour indicators levels - regions — unemployment recorded in Iceland?
- The lowest recorded value was 3,000 Persons in 2001.
- How does Iceland rank for labour indicators levels - regions — unemployment?
- Iceland ranks 46th out of 46 countries with data for 2024.
- Is labour indicators levels - regions — unemployment rising or falling in Iceland?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Labour indicators levels - Regions — Unemployment. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This dataset presents indicators on the size of the labour force, employment, and unemployment in large regions (TL2) and, where available, in small regions (TL3). Data definition and source The labour force status is presented by sex, for 15-64 year-olds and 15+ year-olds age ranges, the latter having less country coverage. Data is based on a labour force survey using ILO guidelines and collected from Eurostat (reg_lmk) for EU countries and via delegates of the OECD Working Party on Territorial Indicators (WPTI), as well as from national statistical offices' websites. Definition of regions Regions are subnational units below national boundaries. OECD countries have two regional levels: large regions (territorial level 2 or TL2) and small regions (territorial level 3 or TL3). For more information, see the OECD Territorial grid (pdf) and the OECD Territorial Correspondence Table (xlsx). Cite this dataset OECD Regions, Cities and Local Areas database http://oe.cd/geostats. Further information OECD Regions and Cities Statistical Atlas OECD Regions and Cities at a Glance For questions and/or comments, please email RegionStat@oecd.org.