Potential labour force (current ILO definition - ICLS19) in Iceland
Iceland: Potential labour force (current ILO definition - ICLS19) was 7.73 in 2023. ▼ Falling
Potential labour force (current ILO definition - ICLS19) in Iceland, 2014–2023
Source: International Labour Organization.
Analysis
The most recent figure for potential labour force (current ilo definition - icls19) in Iceland is 7.73, measured in 2023.
That represents a change of up 13.9% on the previous year and down 11.3% over ten years.
Over the whole period, potential labour force (current ilo definition - icls19) in Iceland peaked at 9.29 in 2015 and was at its lowest, 5.41, in 2018.
That places Iceland 58th out of 61 countries with data for 2023, putting it in the bottom quarter.
Potential labour force (current ILO definition - ICLS19) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 8.72 | — |
| 2015 | 9.29 | +6.6% |
| 2016 | 8.37 | -9.9% |
| 2017 | 7.7 | -8.0% |
| 2018 | 5.41 | -29.8% |
| 2019 | 5.87 | +8.7% |
| 2020 | 8.2 | +39.6% |
| 2021 | 8.76 | +6.8% |
| 2022 | 6.79 | -22.5% |
| 2023 | 7.73 | +13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.56 | 5.41 | 9.29 | 6 |
| 2020s | 7.87 | 6.79 | 8.76 | 4 |
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 potential labour force (current ilo definition - icls19) in Iceland?
- Potential labour force (current ilo definition - icls19) in Iceland was 7.73 in 2023, according to International Labour Organization.
- What is the highest potential labour force (current ilo definition - icls19) recorded in Iceland?
- The highest recorded value was 9.29 in 2015.
- What is the lowest potential labour force (current ilo definition - icls19) recorded in Iceland?
- The lowest recorded value was 5.41 in 2018.
- How does Iceland rank for potential labour force (current ilo definition - icls19)?
- Iceland ranks 58th out of 61 countries with data for 2023.
- Is potential labour force (current ilo definition - icls19) rising or falling in Iceland?
- Over the last ten years it is down 11.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of Potential labour force (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series includes only countries for which the 19th ICLS definitions are applied. The potential labour force refers to persons not in employment who express an interest in this form of work but for whom existing conditions limit their active job search and/or their availability. This group is used to calculate alternative measures of labour underutilization. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.