Monthly unemployment rates in Iceland
Iceland: Monthly unemployment rates was 4.35 Percentage of labour force in the same subgroup in 2025. ▬ Flat
Monthly unemployment rates in Iceland, 2003–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of labour force in the same subgroup.
Analysis
Iceland recorded 4.35 Percentage of labour force in the same subgroup for monthly unemployment rates in 2025.
The figure is up 29.5% on the previous year and down 5.3% over ten years.
Over the whole period, monthly unemployment rates in Iceland peaked at 8.59 Percentage of labour force in the same subgroup in 2010 and was at its lowest, 2.49 Percentage of labour force in the same subgroup, in 2007.
Iceland ranks 24th of 32 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.88 Percentage of labour force in the same subgroup | 2.49 Percentage of labour force in the same subgroup | 8.21 Percentage of labour force in the same subgroup | 7 |
| 2010s | 5.33 Percentage of labour force in the same subgroup | 3.13 Percentage of labour force in the same subgroup | 8.59 Percentage of labour force in the same subgroup | 10 |
| 2020s | 4.46 Percentage of labour force in the same subgroup | 3.36 Percentage of labour force in the same subgroup | 6.25 Percentage of labour force in the same subgroup | 6 |
Countries ranked near Iceland
- 21 Ireland 4.68 Percentage of labour force in the same subgroup compare
- 22 Norway 4.51 Percentage of labour force in the same subgroup compare
- 23 Hungary 4.38 Percentage of labour force in the same subgroup compare
- 25 Australia 4.2 Percentage of labour force in the same subgroup compare
- 26 United States 4.02 Percentage of labour force in the same subgroup compare
- 27 Germany 3.77 Percentage of labour force in the same subgroup compare
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 monthly unemployment rates in Iceland?
- Monthly unemployment rates in Iceland was 4.35 Percentage of labour force in the same subgroup in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest monthly unemployment rates recorded in Iceland?
- The highest recorded value was 8.59 Percentage of labour force in the same subgroup in 2010.
- What is the lowest monthly unemployment rates recorded in Iceland?
- The lowest recorded value was 2.49 Percentage of labour force in the same subgroup in 2007.
- How does Iceland rank for monthly unemployment rates?
- Iceland ranks 24th out of 32 countries with data for 2025.
- Is monthly unemployment rates rising or falling in Iceland?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Monthly unemployment rates. Statizoid updates them automatically from the source API.
Download this data
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About this data
The infra-annual dataflow on the monthly unemployment rate is a subset of the infra-annual labour statistics database, which contains predominantly monthly and quarterly statistics on the unemployed population by age groups (15+, 15-24, 25-54, 55-64, 15-64 and 15-74 where available) and sex and associated statistical methodological information and associated statistical methodological information, for the OECD member countries and for selected other economies. The unemployment rate is calculated as the number of unemployed persons as a percentage of the labour force (i.e., the unemployed plus those in employment). The unemployed are persons in their working age who, in the reference period, do not have a job; are available for work; and, have taken specific steps to find a job. Chile, Costa Rica, and the United Kingdom publish Labour Force Survey (LFS) data using a rolling quarter methodology. The OECD treats the middle month of the rolling quarter as the reference month. As a result, the publication of monthly LFS data for these countries may be delayed by one month or more relative to the OECD reference month. The infra-annual labour statistics compiled for all OECD member countries, are drawn from Labour Force Surveys based on definition provided by the 19th Conference of Labour Statisticians in 2013. The uniform application of these definitions across all OECD member countries results in estimates that are internationally comparable.