Labour statistics - Regions (for 'Developer API') — Labour force in Iceland
Iceland: Labour statistics - Regions (for 'Developer API') — Labour force was -11.2 Percentage points in 2024. ▲ Rising
Labour statistics - Regions (for 'Developer API') — Labour force in Iceland, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
In 2024, labour statistics - regions (for 'developer api') — labour force in Iceland stood at -11.2 Percentage points. That is the lowest value across all 30 years on record.
The figure is down 25.8% on the previous year and down 62.3% over ten years.
Over the whole period, labour statistics - regions (for 'developer api') — labour force in Iceland peaked at -5.5 Percentage points in 2012 and was at its lowest, -11.2 Percentage points, in 2024.
That places Iceland 28th out of 43 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Labour statistics - Regions (for 'Developer API') — Labour force in Iceland, year by year
| Year | Percentage points | Change |
|---|---|---|
| 1995 | -10.4 Percentage points | — |
| 1996 | -10.7 Percentage points | +2.9% |
| 1997 | -10.8 Percentage points | +0.9% |
| 1998 | -10 Percentage points | -7.4% |
| 1999 | -8.8 Percentage points | -12.0% |
| 2000 | -8.1 Percentage points | -8.0% |
| 2001 | -10.1 Percentage points | +24.7% |
| 2002 | -9 Percentage points | -10.9% |
| 2003 | -8.6 Percentage points | -4.4% |
| 2004 | -10.1 Percentage points | +17.4% |
| 2005 | -8.5 Percentage points | -15.8% |
| 2006 | -9 Percentage points | +5.9% |
| 2007 | -9.5 Percentage points | +5.6% |
| 2008 | -9.5 Percentage points | -0.0% |
| 2009 | -7.6 Percentage points | -20.0% |
| 2010 | -7.1 Percentage points | -6.6% |
| 2011 | -6.8 Percentage points | -4.2% |
| 2012 | -5.5 Percentage points | -19.1% |
| 2013 | -6.1 Percentage points | +10.9% |
| 2014 | -6.9 Percentage points | +13.1% |
| 2015 | -6.6 Percentage points | -4.3% |
| 2016 | -8.1 Percentage points | +22.7% |
| 2017 | -7.8 Percentage points | -3.7% |
| 2018 | -7.6 Percentage points | -2.6% |
| 2019 | -7.5 Percentage points | -1.3% |
| 2020 | -7.8 Percentage points | +4.0% |
| 2021 | -8.2 Percentage points | +5.1% |
| 2022 | -7.6 Percentage points | -7.3% |
| 2023 | -8.9 Percentage points | +17.1% |
| 2024 | -11.2 Percentage points | +25.8% |
Iceland compared with similar countries
- Iceland's -11.2 Percentage points is below the median for Europe & Central Asia, which is -9.5 Percentage points, 1.2× the median. (31 countries reporting)
- Iceland's -11.2 Percentage points is below the median for high income countries, which is -9.5 Percentage points, 1.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 statistics - regions (for 'developer api') — labour force in Iceland?
- Labour statistics - regions (for 'developer api') — labour force in Iceland was -11.2 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest labour statistics - regions (for 'developer api') — labour force recorded in Iceland?
- The highest recorded value was -5.5 Percentage points in 2012.
- What is the lowest labour statistics - regions (for 'developer api') — labour force recorded in Iceland?
- The lowest recorded value was -11.2 Percentage points in 2024.
- How does Iceland rank for labour statistics - regions (for 'developer api') — labour force?
- Iceland ranks 28th out of 43 countries with data for 2024.
- Is labour statistics - regions (for 'developer api') — labour force 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 statistics - Regions (for 'Developer API') — 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).
About this data
This dataset provides indicators on labour market, in large regions (TL2) and, where available, in small regions (TL3). Data covered Indicators include labour force, participation rate, employment, employment to population ratio, part-time employment rate, unemployment, unemployment rate, long-term unemployment rate and share of fixed-term employment contracts. Indicators are available by sex, for 15-64 year-olds. 15-24 year-olds and 15 year-olds or more age ranges are also available. 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.