SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Iceland

Iceland: SDG indicator 8.5.2: Unemployment rate (previous ILO definition) was 4.43 in 2025. ▲ Rising

Latest (2025)
4.43
Change on year
up 24.6%
World rank
107th
of 179 countries
All-time high
7.56
in 2010
All-time low
1.87
in 2001
Years of data
26
2000–2025

SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Iceland, 2000–2025

24682000201220252000: 1.92001: 1.92002: 32003: 42004: 42005: 2.52006: 2.82007: 2.32008: 2.92009: 7.22010: 7.62011: 72012: 62013: 5.42014: 4.92015: 42016: 32017: 2.72018: 2.72019: 3.52020: 5.52021: 62022: 3.82023: 3.52024: 3.62025: 4.4

Source: International Labour Organization.

Analysis

In 2025, sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Iceland stood at 4.43.

Compared with earlier readings it is up 24.6% on the previous year and up 11.4% over ten years.

Over the whole period, sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Iceland peaked at 7.56 in 2010 and was at its lowest, 1.87, in 2001.

Iceland ranks 107th of 179 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Iceland, year by year

Annual values for SDG indicator 8.5.2: Unemployment rate (previous ILO definition - ICLS13) (15+) in Iceland, 2000 to 2025.
Year Value Change
2000 1.94
2001 1.87 -3.2%
2002 2.99 +59.4%
2003 4 +33.8%
2004 4.03 +0.9%
2005 2.55 -36.8%
2006 2.83 +11.1%
2007 2.25 -20.5%
2008 2.95 +30.9%
2009 7.22 +145.1%
2010 7.56 +4.8%
2011 7.03 -7.1%
2012 6 -14.6%
2013 5.38 -10.4%
2014 4.9 -8.9%
2015 3.98 -18.7%
2016 2.98 -25.2%
2017 2.74 -7.9%
2018 2.7 -1.4%
2019 3.51 +29.7%
2020 5.48 +56.2%
2021 6.03 +10.1%
2022 3.79 -37.2%
2023 3.52 -7.2%
2024 3.56 +1.2%
2025 4.43 +24.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.26 1.87 7.22 10
2010s 4.68 2.7 7.56 10
2020s 4.47 3.52 6.03 6

Countries ranked near Iceland

  1. 104 India 4.51 compare
  2. 105 Mali 4.5 compare
  3. 106 Norway 4.46 compare
  4. 108 Hungary 4.42 compare
  5. 109 Cyprus 4.35 compare
  6. 110 Peru 4.32 compare

See the full ranking of 266 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Iceland?
Sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Iceland was 4.43 in 2025, according to International Labour Organization.
What is the highest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Iceland?
The highest recorded value was 7.56 in 2010.
What is the lowest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Iceland?
The lowest recorded value was 1.87 in 2001.
How does Iceland rank for sdg indicator 8.5.2: unemployment rate (previous ilo definition)?
Iceland ranks 107th out of 179 countries with data for 2025.
Is sdg indicator 8.5.2: unemployment rate (previous ilo definition) rising or falling in Iceland?
Over the last ten years it is up 11.4%. 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 SDG indicator 8.5.2: Unemployment rate (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.

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CSV · JSON — 26 observations, free to reuse under ILO Terms of Use (attribution required).

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SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/sdg-indicator-8-5-2-unemployment-rate-previous-ilo-definition-icls13-15/iceland/

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About this data

Indicator
SDG indicator 8.5.2: Unemployment rate (previous ILO definition - ICLS13) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
266 places, 5,648 data points, 2000–2027
Last refreshed

Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.