Supplementary indicators on labour market slack by citizenship in Iceland

Iceland: Supplementary indicators on labour market slack by citizenship was 7.2 in 2025. ▼ Falling

Latest (2025)
7.2
Change on year
down 1.4%
World rank
45th
of 47 countries
All-time high
9.5
in 2015
All-time low
5.7
in 2022
Years of data
12
2014–2025

Supplementary indicators on labour market slack by citizenship in Iceland, 2014–2025

02468102014201920252014: 9.42015: 9.52016: 8.12017: 7.92018: 7.62019: 6.32020: 8.72021: 5.92022: 5.72023: 5.72024: 7.32025: 7.2

Source: Eurostat.

Analysis

The most recent figure for supplementary indicators on labour market slack by citizenship in Iceland is 7.2, measured in 2025.

That represents a change of down 1.4% on the previous year and down 24.2% over ten years.

Over the whole period, supplementary indicators on labour market slack by citizenship in Iceland peaked at 9.5 in 2015 and was at its lowest, 5.7, in 2022.

That places Iceland 45th out of 47 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Supplementary indicators on labour market slack by citizenship in Iceland, year by year

Annual values for Supplementary indicators on labour market slack by citizenship in Iceland, 2014 to 2025.
Year Value Change
2014 9.4 —
2015 9.5 +1.1%
2016 8.1 -14.7%
2017 7.9 -2.5%
2018 7.6 -3.8%
2019 6.3 -17.1%
2020 8.7 +38.1%
2021 5.9 -32.2%
2022 5.7 -3.4%
2023 5.7 +0.0%
2024 7.3 +28.1%
2025 7.2 -1.4%

Iceland compared with similar countries

  • Iceland's 7.2 is below the median for Europe & Central Asia, which is 77.4, 9% of the median. (34 countries reporting)
  • Iceland's 7.2 is below the median for high income countries, which is 106, 7% of the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.13 6.3 9.5 6
2020s 6.75 5.7 8.7 6

Countries ranked near Iceland

  1. 43 North Macedonia 7.9 compare
  2. 43 North Macedonia 7.9 compare
  3. 46 Malta 3.3 compare
  4. 47 Montenegro 2.1 compare

See the full ranking of 49 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is supplementary indicators on labour market slack by citizenship in Iceland?
Supplementary indicators on labour market slack by citizenship in Iceland was 7.2 in 2025, according to Eurostat.
What is the highest supplementary indicators on labour market slack by citizenship recorded in Iceland?
The highest recorded value was 9.5 in 2015.
What is the lowest supplementary indicators on labour market slack by citizenship recorded in Iceland?
The lowest recorded value was 5.7 in 2022.
How does Iceland rank for supplementary indicators on labour market slack by citizenship?
Iceland ranks 45th out of 47 countries with data for 2025.
Is supplementary indicators on labour market slack by citizenship rising or falling in Iceland?
Over the last ten years it is down 24.2%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Supplementary indicators on labour market slack by citizenship. Statizoid updates them automatically from the source API.

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Supplementary indicators on labour market slack by citizenship in Iceland. Statizoid, drawing on Eurostat. Retrieved 12 November 2026, from https://labour.statizoid.com/stat/supplementary-indicators-on-labour-market-slack-by-citizenship/iceland/

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About this data

Indicator
Supplementary indicators on labour market slack by citizenship
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
49 places, 839 data points, 2008–2025
Last refreshed