Time-related underemployment rate in Iceland
Iceland: Time-related underemployment rate was 0.459 in 2020. ▬ Flat
Time-related underemployment rate in Iceland, 2004–2020
Source: International Labour Organization.
Analysis
In 2020, time-related underemployment rate in Iceland stood at 0.459.
Compared with earlier readings it is down 19.2% on the previous year and down 59.0% over ten years.
Over the whole period, time-related underemployment rate in Iceland peaked at 1.25 in 2011 and was at its lowest, 0.209, in 2006.
Iceland ranks 40th of 48 countries on this measure, in the bottom quarter.
Time-related underemployment rate in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 0.687 | — |
| 2005 | 0.449 | -34.6% |
| 2006 | 0.209 | -53.5% |
| 2007 | 0.304 | +45.5% |
| 2008 | 0.213 | -29.9% |
| 2009 | 0.998 | +368.5% |
| 2010 | 1.12 | +12.2% |
| 2011 | 1.25 | +11.6% |
| 2012 | 0.974 | -22.1% |
| 2013 | 0.663 | -31.9% |
| 2014 | 0.683 | +3.0% |
| 2015 | 0.713 | +4.4% |
| 2016 | 0.427 | -40.1% |
| 2017 | 0.526 | +23.2% |
| 2018 | 0.502 | -4.6% |
| 2019 | 0.568 | +13.1% |
| 2020 | 0.459 | -19.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4767 | 0.209 | 0.998 | 6 |
| 2010s | 0.7426 | 0.427 | 1.25 | 10 |
| 2020s | 0.459 | 0.459 | 0.459 | 1 |
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 rate in Iceland?
- Time-related underemployment rate in Iceland was 0.459 in 2020, according to International Labour Organization.
- What is the highest time-related underemployment rate recorded in Iceland?
- The highest recorded value was 1.25 in 2011.
- What is the lowest time-related underemployment rate recorded in Iceland?
- The lowest recorded value was 0.209 in 2006.
- How does Iceland rank for time-related underemployment rate?
- Iceland ranks 40th out of 48 countries with data for 2020.
- Is time-related underemployment rate rising or falling in Iceland?
- Over the last ten years it is down 59.0%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of Time-related underemployment rate (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. The time-related underemployment rate conveys the number of persons in time-related underemployment as a percent of the total number of persons in employment. Persons in time-related underemployment comprise all persons in employment, who satisfy the following three criteria during the reference period: a) are willing to work additional hours; b) are available to work additional hours i.e., are ready, within a specified subsequent period, to work additional hours, given opportunities for additional work; and c) worked less than a threshold relating to working time i.e., persons whose hours actually worked in all jobs during the reference period were below a threshold, to be chosen according to national circumstances. The term disability, as defined in the International Classification of Functioning, Disability and Health (ICF), is used as an umbrella term, covering impairments, activity limitations, and participation restrictions. For measurement purposes, a person with disability is defined as a person who is limited in the kind or amount of activities that he or she can do because of ongoing difficulties due to a long-term physical condition, mental condition or health problem. For more information, refer to the Disability Labour Market Indicators (DLMI) database description.