Share of workers in vulnerable employment in Iceland

Iceland: Share of workers in vulnerable employment was 8.4% in 2025. ▼ Falling

Latest (2025)
8.4%
Change on year
down 0.8%
World rank
159th
of 186 countries
All-time high
13.4%
in 1991
All-time low
8.4%
in 2025
Years of data
35
1991–2025

Share of workers in vulnerable employment in Iceland, 1991–2025

0510151991200820251991: 13.4 %1992: 12.6 %1993: 12.6 %1994: 13 %1995: 12.7 %1996: 12.2 %1997: 12 %1998: 12.1 %1999: 11.9 %2000: 11.8 %2001: 11.6 %2002: 11.6 %2003: 11.3 %2004: 11.3 %2005: 11.4 %2006: 11.4 %2007: 11.2 %2008: 11.1 %2009: 11.1 %2010: 11.4 %2011: 11.5 %2012: 11.8 %2013: 11.8 %2014: 11.9 %2015: 11.9 %2016: 11.7 %2017: 11.5 %2018: 11.4 %2019: 11.1 %2020: 11.1 %2021: 12.4 %2022: 12 %2023: 10.3 %2024: 8.5 %2025: 8.4 %

Source: International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for share of workers in vulnerable employment in Iceland is 8.4%, measured in 2025. That is the lowest value across all 35 years on record.

Compared with earlier readings it is down 0.8% on the previous year and down 29.5% over ten years.

Over the whole period, share of workers in vulnerable employment in Iceland peaked at 13.4% in 1991 and was at its lowest, 8.4%, in 2025.

That places Iceland 159th out of 186 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 35 years of available data.

Share of workers in vulnerable employment in Iceland, year by year

Annual values for Share of workers in vulnerable employment in Iceland, 1991 to 2025.
Year % Change
1991 13.4%
1992 12.6% -5.4%
1993 12.6% -0.4%
1994 13.0% +3.2%
1995 12.7% -2.7%
1996 12.2% -4.0%
1997 12.0% -1.0%
1998 12.1% +0.4%
1999 11.9% -1.2%
2000 11.8% -1.1%
2001 11.6% -1.4%
2002 11.6% -0.0%
2003 11.3% -3.1%
2004 11.3% -0.1%
2005 11.4% +1.4%
2006 11.4% -0.2%
2007 11.2% -1.4%
2008 11.1% -1.5%
2009 11.1% +0.7%
2010 11.4% +2.1%
2011 11.5% +1.4%
2012 11.8% +2.4%
2013 11.8% +0.3%
2014 11.9% +0.4%
2015 11.9% +0.2%
2016 11.7% -1.6%
2017 11.5% -1.6%
2018 11.4% -1.6%
2019 11.1% -1.9%
2020 11.1% -0.0%
2021 12.4% +11.0%
2022 12.0% -2.6%
2023 10.3% -14.7%
2024 8.5% -17.7%
2025 8.4% -0.8%

Iceland compared with similar countries

  • Iceland's 8.4% is below the median for high income countries, which is 9.5%, 88% of the median. (62 countries reporting)
  • Iceland's 8.4% is below the median for Europe & Central Asia, which is 11.3%, 74% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.5% 11.9% 13.4% 9
2000s 11.4% 11.1% 11.8% 10
2010s 11.6% 11.1% 11.9% 10
2020s 10.5% 8.4% 12.4% 6

Countries ranked near Iceland

  1. 156 Australia 9.1% compare
  2. 157 Latvia 8.6% compare
  3. 158 France 8.5% compare
  4. 160 Cyprus 8.4% compare
  5. 161 Jordan 7.9% compare
  6. 162 Austria 7.9% compare

See the full ranking of 186 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is share of workers in vulnerable employment in Iceland?
Share of workers in vulnerable employment in Iceland was 8.4% in 2025, according to International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest share of workers in vulnerable employment recorded in Iceland?
The highest recorded value was 13.4% in 1991.
What is the lowest share of workers in vulnerable employment recorded in Iceland?
The lowest recorded value was 8.4% in 2025.
How does Iceland rank for share of workers in vulnerable employment?
Iceland ranks 159th out of 186 countries with data for 2025.
Is share of workers in vulnerable employment rising or falling in Iceland?
Over the last ten years it is down 29.5%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of workers in vulnerable employment. Statizoid updates them automatically from the source API.

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Share of workers in vulnerable employment in Iceland. Statizoid, drawing on International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://labour.statizoid.com/stat/share-in-vulnerable-employment/iceland/

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About this data

Indicator
Share of workers in vulnerable employment
Unit
%
Source
International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,496 data points, 1991–2025
Last refreshed

Share of employed population who are working as independent own-account workers (self-employed without staff), or contributing family workers (self-employed in a household business or farm).