Share of workers in informal employment vs. GDP per capita in Iceland

Iceland: Share of workers in informal employment vs. GDP per capita was 2.0% in 2020. ▼ Falling

Latest (2020)
2.0%
Change on year
up 40.7%
World rank
70th
of 82 countries
All-time high
3.1%
in 2007
All-time low
0.8%
in 2018
Years of data
11
2007–2020

Share of workers in informal employment vs. GDP per capita in Iceland, 2007–2020

11.522.532007201320202007: 3.1 %2008: 2.7 %2009: 2.1 %2010: 1.9 %2011: 2.1 %2012: 2.8 %2014: 1.9 %2017: 0.94 %2018: 0.8 %2019: 1.4 %2020: 2 %

Source: International Labour Organization – with minor processing by Our World in Data. Measured in %.

Analysis

Iceland recorded 2.0% for share of workers in informal employment vs. gdp per capita in 2020.

Compared with earlier readings it is up 40.7% on the previous year and up 3.1% over ten years.

Over the whole period, share of workers in informal employment vs. gdp per capita in Iceland peaked at 3.1% in 2007 and was at its lowest, 0.8%, in 2018.

Iceland ranks 70th of 82 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Share of workers in informal employment vs. GDP per capita in Iceland, year by year

Annual values for Share of workers in informal employment vs. GDP per capita in Iceland, 2007 to 2020.
Year % Change
2007 3.1%
2008 2.7% -14.1%
2009 2.1% -23.0%
2010 1.9% -7.7%
2011 2.1% +9.4%
2012 2.8% +34.9%
2014 1.9% -34.4%
2017 0.9% -49.2%
2018 0.8% -14.9%
2019 1.4% +75.0%
2020 2.0% +40.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6% 2.1% 3.1% 3
2010s 1.7% 0.8% 2.8% 7
2020s 2.0% 2.0% 2.0% 1

Countries ranked near Iceland

  1. 67 Spain 2.2% compare
  2. 68 Finland 2.2% compare
  3. 69 Latvia 2.2% compare
  4. 71 Luxembourg 1.9% compare
  5. 72 Ireland 1.9% compare
  6. 73 Cyprus 1.7% compare

See the full ranking of 82 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is share of workers in informal employment vs. gdp per capita in Iceland?
Share of workers in informal employment vs. gdp per capita in Iceland was 2.0% in 2020, according to International Labour Organization – with minor processing by Our World in Data.
What is the highest share of workers in informal employment vs. gdp per capita recorded in Iceland?
The highest recorded value was 3.1% in 2007.
What is the lowest share of workers in informal employment vs. gdp per capita recorded in Iceland?
The lowest recorded value was 0.8% in 2018.
How does Iceland rank for share of workers in informal employment vs. gdp per capita?
Iceland ranks 70th out of 82 countries with data for 2020.
Is share of workers in informal employment vs. gdp per capita rising or falling in Iceland?
Over the last ten years it is up 3.1%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from International Labour Organization – with minor processing by Our World in Data, published as part of Share of workers in informal employment vs. GDP per capita. Statizoid updates them automatically from the source API.

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Share of workers in informal employment vs. GDP per capita in Iceland. Statizoid, drawing on International Labour Organization – with minor processing by Our World in Data. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/share-of-workers-in-informal-employment-vs-gdp-per-capita/iceland/

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About this data

Indicator
Share of workers in informal employment vs. GDP per capita
Unit
%
Source
International Labour Organization – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
82 places, 1,190 data points, 2000–2025
Last refreshed

Share of employed people working in jobs that lack basic social or legal protection and employment benefits. Does not include illegal and illicit activities. Figures refer to national estimates and may not be fully comparable across countries.