Labour indicators rates - Regions — Long-term unemployment rate in Iceland
Iceland: Labour indicators rates - Regions — Long-term unemployment rate was -0.3 Percentage points in 2024. ◆ Volatile
Labour indicators rates - Regions — Long-term unemployment rate in Iceland, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
Iceland recorded -0.3 Percentage points for labour indicators rates - regions — long-term unemployment rate in 2024.
The figure is up 57.1% on the previous year and down 50.0% over ten years.
Over the whole period, labour indicators rates - regions — long-term unemployment rate in Iceland peaked at 1.4 Percentage points in 2000 and was at its lowest, -3 Percentage points, in 2009.
That places Iceland 27th out of 43 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Labour indicators rates - Regions — Long-term unemployment rate in Iceland, year by year
| Year | Percentage points | Change |
|---|---|---|
| 1995 | 0 Percentage points | — |
| 1996 | 0.8 Percentage points | — |
| 1997 | 1 Percentage points | +25.0% |
| 1998 | 0.9 Percentage points | -10.0% |
| 1999 | 1.2 Percentage points | +33.3% |
| 2000 | 1.4 Percentage points | +16.7% |
| 2001 | 0.8 Percentage points | -42.9% |
| 2002 | -0.6 Percentage points | -175.0% |
| 2003 | 0 Percentage points | -100.0% |
| 2004 | -2.4 Percentage points | — |
| 2005 | -0.1 Percentage points | -95.8% |
| 2006 | 0.3 Percentage points | -400.0% |
| 2007 | 0 Percentage points | -100.0% |
| 2008 | -0.7 Percentage points | — |
| 2009 | -3 Percentage points | +328.6% |
| 2010 | -1.6 Percentage points | -46.7% |
| 2011 | -1.6 Percentage points | -0.0% |
| 2012 | -0.7 Percentage points | -56.2% |
| 2013 | -0.6 Percentage points | -14.3% |
| 2014 | -0.2 Percentage points | -66.7% |
| 2015 | 0.2 Percentage points | -200.0% |
| 2016 | 0.1 Percentage points | -50.0% |
| 2017 | 0 Percentage points | -100.0% |
| 2018 | -0.2 Percentage points | — |
| 2019 | -0.7 Percentage points | +250.0% |
| 2020 | -0.4 Percentage points | -42.9% |
| 2021 | 0.6 Percentage points | -250.0% |
| 2022 | -0.8 Percentage points | -233.3% |
| 2023 | -0.7 Percentage points | -12.5% |
| 2024 | -0.3 Percentage points | -57.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.78 Percentage points | 0 Percentage points | 1.2 Percentage points | 5 |
| 2000s | -0.43 Percentage points | -3 Percentage points | 1.4 Percentage points | 10 |
| 2010s | -0.53 Percentage points | -1.6 Percentage points | 0.2 Percentage points | 10 |
| 2020s | -0.32 Percentage points | -0.8 Percentage points | 0.6 Percentage points | 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 rates - regions — long-term unemployment rate in Iceland?
- Labour indicators rates - regions — long-term unemployment rate in Iceland was -0.3 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest labour indicators rates - regions — long-term unemployment rate recorded in Iceland?
- The highest recorded value was 1.4 Percentage points in 2000.
- What is the lowest labour indicators rates - regions — long-term unemployment rate recorded in Iceland?
- The lowest recorded value was -3 Percentage points in 2009.
- How does Iceland rank for labour indicators rates - regions — long-term unemployment rate?
- Iceland ranks 27th out of 43 countries with data for 2024.
- Is labour indicators rates - regions — long-term unemployment rate rising or falling in Iceland?
- Over the last ten years it is down 50.0%. The long-run trend across the full record is volatile.
- 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 — Long-term unemployment 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).
About this data
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). 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.