Labour indicators rates - Regions — Labour force participation rate in Iceland

Iceland: Labour indicators rates - Regions — Labour force participation rate was -11.2 Percentage points in 2024. ▲ Rising

Latest (2024)
-11.2 Percentage points
Change on year
down 25.8%
World rank
28th
of 43 countries
All-time high
-5.5 Percentage points
in 2012
All-time low
-11.2 Percentage points
in 2024
Years of data
30
1995–2024

Labour indicators rates - Regions — Labour force participation rate in Iceland, 1995–2024

-12-10-8-61995200920241995: -10.4 Percentage points1996: -10.7 Percentage points1997: -10.8 Percentage points1998: -10 Percentage points1999: -8.8 Percentage points2000: -8.1 Percentage points2001: -10.1 Percentage points2002: -9 Percentage points2003: -8.6 Percentage points2004: -10.1 Percentage points2005: -8.5 Percentage points2006: -9 Percentage points2007: -9.5 Percentage points2008: -9.5 Percentage points2009: -7.6 Percentage points2010: -7.1 Percentage points2011: -6.8 Percentage points2012: -5.5 Percentage points2013: -6.1 Percentage points2014: -6.9 Percentage points2015: -6.6 Percentage points2016: -8.1 Percentage points2017: -7.8 Percentage points2018: -7.6 Percentage points2019: -7.5 Percentage points2020: -7.8 Percentage points2021: -8.2 Percentage points2022: -7.6 Percentage points2023: -8.9 Percentage points2024: -11.2 Percentage points

Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.

Analysis

Iceland recorded -11.2 Percentage points for labour indicators rates - regions — labour force participation rate in 2024. That is the lowest value across all 30 years on record.

That represents a change of down 25.8% on the previous year and down 62.3% over ten years.

Over the whole period, labour indicators rates - regions — labour force participation rate in Iceland peaked at -5.5 Percentage points in 2012 and was at its lowest, -11.2 Percentage points, in 2024.

Iceland ranks 28th of 43 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s -10.14 Percentage points -10.8 Percentage points -8.8 Percentage points 5
2000s -9 Percentage points -10.1 Percentage points -7.6 Percentage points 10
2010s -7 Percentage points -8.1 Percentage points -5.5 Percentage points 10
2020s -8.74 Percentage points -11.2 Percentage points -7.6 Percentage points 5

Countries ranked near Iceland

  1. 26 United States -10.8 Percentage points compare
  2. 27 Czechia -10.9 Percentage points compare
  3. 29 Bulgaria -12.2 Percentage points compare
  4. 30 Hungary -12.7 Percentage points compare
  5. 31 Poland -13.5 Percentage points compare

See the full ranking of 50 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labour indicators rates - regions — labour force participation rate in Iceland?
Labour indicators rates - regions — labour force participation rate in Iceland was -11.2 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest labour indicators rates - regions — labour force participation rate recorded in Iceland?
The highest recorded value was -5.5 Percentage points in 2012.
What is the lowest labour indicators rates - regions — labour force participation rate recorded in Iceland?
The lowest recorded value was -11.2 Percentage points in 2024.
How does Iceland rank for labour indicators rates - regions — labour force participation rate?
Iceland ranks 28th out of 43 countries with data for 2024.
Is labour indicators rates - regions — labour force participation rate rising or falling in Iceland?
Over the last ten years it is down 62.3%. 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 rates - Regions — Labour force participation rate, gender difference. 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).

Share, cite or embed this page

Cite this page

Labour indicators rates - Regions — Labour force participation rate in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 August 2026, from https://labour.statizoid.com/stat/labour-indicators-rates-regions-labour-force-participation-rate-gender-difference/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/labour-indicators-rates-regions-labour-force-participation-rate-gender-difference/iceland/">Labour indicators rates - Regions — Labour force participation rate in Iceland</a> — Statizoid

About this data

Indicator
Labour indicators rates - Regions — Labour force participation rate, gender difference
Unit
Percentage points
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
50 places, 1,233 data points, 1995–2025
Last refreshed

<p>This dataset provides indicators on participation rate, employment to population ratio and unemployment rate, in large regions (TL2) and, where available, in small regions (TL3).</p> <p><strong>Data definition and source</strong></p> <p style="text-align: justify;">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.</p> <p><strong>Definition of regions</strong></p> <p style="text-align: justify;">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 <a href="https://webfs-cfe.oecd.org/files/.Stat/region/OECD_territorial-grid_TL2024.pdf">(pdf)</a> and the OECD Territorial Correspondence Table <a href="https://webfs-cfe.oecd.org/files/.Stat/region/OECD%20Territorial%20correspondence%20-%20TL2024c.xlsx">(xlsx)</a>.&nbsp;</p> <p><strong>Cite this dataset</strong></p> <p>OECD Regions, Cities and Local Areas database&nbsp;<a href="http://oe.cd/geostats">http://oe.cd/geostats</a>.</p> <p><strong>Further information</strong></p> <ul> <li><a href="https://regions-cities-atlas.oecd.org/">OECD Regions and Cities Statistical Atlas</a>&nbsp;</li> <li><a href="https://www.oecd.org/en/publications/oecd-regions-and-cities-at-a-glance-2024_f42db3bf-en.html">OECD Regions and Cities at a Glance</a></li> </ul> <p>For questions and/or comments, please email <a href="mailto:RegionStat@oecd.org">RegionStat@oecd.org</a>.</p>