Labour market slack by sex and age - annual data in Iceland

Iceland: Labour market slack by sex and age - annual data was 7 Thousand persons in 2025. ▼ Falling

Latest (2025)
7 Thousand persons
Change on year
unchanged
World rank
41st
of 43 countries
All-time high
10 Thousand persons
in 2015
All-time low
6 Thousand persons
in 2019
Years of data
12
2014–2025

Labour market slack by sex and age - annual data in Iceland, 2014–2025

02468102014201920252014: 9 Thousand persons2015: 10 Thousand persons2016: 8 Thousand persons2017: 8 Thousand persons2018: 8 Thousand persons2019: 6 Thousand persons2020: 9 Thousand persons2021: 6 Thousand persons2022: 6 Thousand persons2023: 6 Thousand persons2024: 7 Thousand persons2025: 7 Thousand persons

Source: Eurostat. Measured in Thousand persons.

Analysis

Iceland recorded 7 Thousand persons for labour market slack by sex and age - annual data in 2025.

Compared with earlier readings it is down 30.0% over ten years.

Over the whole period, labour market slack by sex and age - annual data in Iceland peaked at 10 Thousand persons in 2015 and was at its lowest, 6 Thousand persons, in 2019.

That places Iceland 41st out of 43 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Labour market slack by sex and age - annual data in Iceland, year by year

Annual values for Labour market slack by sex and age - annual data in Iceland, 2014 to 2025.
Year Thousand persons Change
2014 9 Thousand persons
2015 10 Thousand persons +11.1%
2016 8 Thousand persons -20.0%
2017 8 Thousand persons +0.0%
2018 8 Thousand persons +0.0%
2019 6 Thousand persons -25.0%
2020 9 Thousand persons +50.0%
2021 6 Thousand persons -33.3%
2022 6 Thousand persons +0.0%
2023 6 Thousand persons +0.0%
2024 7 Thousand persons +16.7%
2025 7 Thousand persons +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.17 Thousand persons 6 Thousand persons 10 Thousand persons 6
2020s 6.83 Thousand persons 6 Thousand persons 9 Thousand persons 6

Countries ranked near Iceland

  1. 40 North Macedonia 8 Thousand persons compare
  2. 42 Malta 3 Thousand persons compare
  3. 43 Montenegro 2 Thousand persons compare

See the full ranking of 46 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labour market slack by sex and age - annual data in Iceland?
Labour market slack by sex and age - annual data in Iceland was 7 Thousand persons in 2025, according to Eurostat.
What is the highest labour market slack by sex and age - annual data recorded in Iceland?
The highest recorded value was 10 Thousand persons in 2015.
What is the lowest labour market slack by sex and age - annual data recorded in Iceland?
The lowest recorded value was 6 Thousand persons in 2019.
How does Iceland rank for labour market slack by sex and age - annual data?
Iceland ranks 41st out of 43 countries with data for 2025.
Is labour market slack by sex and age - annual data rising or falling in Iceland?
Over the last ten years it is down 30.0%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Labour market slack by sex and age - annual data. Statizoid updates them automatically from the source API.

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Labour market slack by sex and age - annual data in Iceland. Statizoid, drawing on Eurostat. Retrieved 11 September 2026, from https://labour.statizoid.com/stat/labour-market-slack-by-sex-and-age-annual-data/iceland/

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About this data

Indicator
Labour market slack by sex and age - annual data
Unit
Thousand persons
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
46 places, 762 data points, 2003–2025
Last refreshed