Time-related underemployment (ILO modelled estimates) (15+), per unit in Iceland
Iceland: Time-related underemployment (ILO modelled estimates) (15+), per unit was 0 units per US$ of GDP in 2025. ▲ Rising
Time-related underemployment (ILO modelled estimates) (15+), per unit in Iceland, 2005–2025
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Iceland recorded 0 units per US$ of GDP for time-related underemployment (ilo modelled estimates) (15+), per unit in 2025.
Compared with earlier readings it is down 12.8% on the previous year and down 54.0% over ten years.
Over the whole period, time-related underemployment (ilo modelled estimates) (15+), per unit in Iceland peaked at 0 units per US$ of GDP in 2014 and was at its lowest, 0 units per US$ of GDP, in 2007.
Iceland ranks 157th of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Time-related underemployment (ILO modelled estimates) (15+), per unit in Iceland, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 2005 | 0 units per US$ of GDP | — |
| 2006 | 0 units per US$ of GDP | -4.9% |
| 2007 | 0 units per US$ of GDP | -23.1% |
| 2008 | 0 units per US$ of GDP | +50.6% |
| 2009 | 0 units per US$ of GDP | -14.5% |
| 2010 | 0 units per US$ of GDP | +93.8% |
| 2011 | 0 units per US$ of GDP | +41.7% |
| 2012 | 0 units per US$ of GDP | +38.0% |
| 2013 | 0 units per US$ of GDP | +13.9% |
| 2014 | 0 units per US$ of GDP | +7.5% |
| 2015 | 0 units per US$ of GDP | -1.2% |
| 2016 | 0 units per US$ of GDP | -28.8% |
| 2017 | 0 units per US$ of GDP | -10.8% |
| 2018 | 0 units per US$ of GDP | -14.3% |
| 2019 | 0 units per US$ of GDP | -9.8% |
| 2020 | 0 units per US$ of GDP | +63.9% |
| 2021 | 0 units per US$ of GDP | -31.3% |
| 2022 | 0 units per US$ of GDP | -12.9% |
| 2023 | 0 units per US$ of GDP | +6.0% |
| 2024 | 0 units per US$ of GDP | +3.2% |
| 2025 | 0 units per US$ of GDP | -12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 5 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2020s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 6 |
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 time-related underemployment (ilo modelled estimates) (15+), per unit in Iceland?
- Time-related underemployment (ilo modelled estimates) (15+), per unit in Iceland was 0 units per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest time-related underemployment (ilo modelled estimates) (15+), per unit recorded in Iceland?
- The highest recorded value was 0 units per US$ of GDP in 2014.
- What is the lowest time-related underemployment (ilo modelled estimates) (15+), per unit recorded in Iceland?
- The lowest recorded value was 0 units per US$ of GDP in 2007.
- How does Iceland rank for time-related underemployment (ilo modelled estimates) (15+), per unit?
- Iceland ranks 157th out of 185 countries with data for 2025.
- Is time-related underemployment (ilo modelled estimates) (15+), per unit rising or falling in Iceland?
- Over the last ten years it is down 54.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Time-related underemployment (ILO modelled estimates) (15+), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Time-related underemployment (ILO modelled estimates) (15+) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Time-related underemployment (ILO modelled estimates) (15+) ÷ GDP (current US$)
Computed from
- Time-related underemployment (ILO modelled estimates) International Labour Organization
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Time-related underemployment (ILO modelled estimates) (15+) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.