Potential labour force (previous ILO definition - ICLS13) in Iceland
Iceland: Potential labour force (previous ILO definition - ICLS13) was 7.73 in 2023. ▲ Rising
Potential labour force (previous ILO definition - ICLS13) in Iceland, 1999–2023
Source: International Labour Organization.
Analysis
Iceland recorded 7.73 for potential labour force (previous ilo definition - icls13) in 2023.
Compared with earlier readings it is up 13.9% on the previous year and down 10.6% over ten years.
Over the whole period, potential labour force (previous ilo definition - icls13) in Iceland peaked at 9.29 in 2015 and was at its lowest, 2.91, in 2006.
Iceland ranks 81st of 88 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Potential labour force (previous ILO definition - ICLS13) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 4.04 | — |
| 2000 | 4.98 | +23.1% |
| 2001 | 6.67 | +34.0% |
| 2002 | 6.31 | -5.4% |
| 2006 | 2.91 | -53.9% |
| 2007 | 3.01 | +3.7% |
| 2008 | 3.6 | +19.5% |
| 2009 | 5.11 | +41.9% |
| 2010 | 5.47 | +6.9% |
| 2011 | 5.98 | +9.3% |
| 2012 | 8.28 | +38.6% |
| 2013 | 8.64 | +4.4% |
| 2014 | 8.72 | +0.8% |
| 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 |
|---|---|---|---|---|
| 1990s | 4.04 | 4.04 | 4.04 | 1 |
| 2000s | 4.66 | 2.91 | 6.67 | 7 |
| 2010s | 7.37 | 5.41 | 9.29 | 10 |
| 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 (previous ilo definition - icls13) in Iceland?
- Potential labour force (previous ilo definition - icls13) in Iceland was 7.73 in 2023, according to International Labour Organization.
- What is the highest potential labour force (previous ilo definition - icls13) recorded in Iceland?
- The highest recorded value was 9.29 in 2015.
- What is the lowest potential labour force (previous ilo definition - icls13) recorded in Iceland?
- The lowest recorded value was 2.91 in 2006.
- How does Iceland rank for potential labour force (previous ilo definition - icls13)?
- Iceland ranks 81st out of 88 countries with data for 2023.
- Is potential labour force (previous ilo definition - icls13) rising or falling in Iceland?
- Over the last ten years it is down 10.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of Potential labour force (previous ILO definition - ICLS13) (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 is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. 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. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.