Labour market slack by NUTS 2 region in Iceland
Iceland: Labour market slack by NUTS 2 region was 23.8 in 2025. ▲ Rising
Latest (2025)
23.8
Change on year
up 3.5%
World rank
33rd
of 33 countries
All-time high
28.6
in 2020
All-time low
9.3
in 2008
Years of data
18
2008–2025
Labour market slack by NUTS 2 region in Iceland, 2008–2025
Source: Eurostat.
Analysis
The most recent figure for labour market slack by nuts 2 region in Iceland is 23.8, measured in 2025.
Compared with earlier readings it is up 3.5% on the previous year and down 11.2% over ten years.
Over the whole period, labour market slack by nuts 2 region in Iceland peaked at 28.6 in 2020 and was at its lowest, 9.3, in 2008.
Iceland ranks 33rd of 33 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.75 | 9.3 | 18.2 | 2 |
| 2010s | 21.33 | 18.8 | 27.4 | 10 |
| 2020s | 24.3 | 21 | 28.6 | 6 |
Countries ranked near Iceland
More work & labour data for Iceland
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 74.9% (2025)
- Labor force participation rate, male (% of male population ages 15+) 79.6% (2025)
- Ratio of female to male labor force participation rate (%) 87.9% (2025)
- Labor force participation rate, female (% of female population ages 15 70.0% (2025)
- Labor force participation rate, total (% of total population ages 15-6 87.5% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 90.8% (2025)
- Labor force participation rate, female (% of female population ages 15 84.0% (2025)
Frequently asked questions
- What is labour market slack by nuts 2 region in Iceland?
- Labour market slack by nuts 2 region in Iceland was 23.8 in 2025, according to Eurostat.
- What is the highest labour market slack by nuts 2 region recorded in Iceland?
- The highest recorded value was 28.6 in 2020.
- What is the lowest labour market slack by nuts 2 region recorded in Iceland?
- The lowest recorded value was 9.3 in 2008.
- How does Iceland rank for labour market slack by nuts 2 region?
- Iceland ranks 33rd out of 33 countries with data for 2025.
- Is labour market slack by nuts 2 region rising or falling in Iceland?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Labour market slack by NUTS 2 region. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Eurostat).