Unemployed persons: % of total unemployment in Iceland
Iceland: Unemployed persons: % of total unemployment was 46.1 in 2020. ▼ Falling
Latest (2020)
46.1
Change on year
up 29.1%
World rank
26th
of 45 countries
All-time high
67.6
in 1999
All-time low
18.3
in 2007
Years of data
23
1998–2020
Unemployed persons by methods used for seeking work - % of total in Iceland, 1998–2020
Source: Eurostat.
Analysis
In 2020, unemployed persons by methods used for seeking work - % of total in Iceland stood at 46.1.
Compared with earlier readings it is up 29.1% on the previous year and down 11.3% over ten years.
Over the whole period, unemployed persons by methods used for seeking work - % of total in Iceland peaked at 67.6 in 1999 and was at its lowest, 18.3, in 2007.
Iceland ranks 26th of 45 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Unemployed persons: % of total unemployment in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 50.5 | — |
| 1999 | 67.6 | +33.9% |
| 2000 | 46.2 | -31.7% |
| 2001 | 38.7 | -16.2% |
| 2002 | 54.8 | +41.6% |
| 2003 | 37 | -32.5% |
| 2004 | 27.1 | -26.8% |
| 2005 | 36.2 | +33.6% |
| 2006 | 18.5 | -48.9% |
| 2007 | 18.3 | -1.1% |
| 2008 | 30.4 | +66.1% |
| 2009 | 56.8 | +86.8% |
| 2010 | 52 | -8.5% |
| 2011 | 43.2 | -16.9% |
| 2012 | 41.6 | -3.7% |
| 2013 | 40.7 | -2.2% |
| 2014 | 37.3 | -8.4% |
| 2015 | 31.1 | -16.6% |
| 2016 | 34.1 | +9.6% |
| 2017 | 28.8 | -15.5% |
| 2018 | 29.7 | +3.1% |
| 2019 | 35.7 | +20.2% |
| 2020 | 46.1 | +29.1% |
Iceland compared with similar countries
- Iceland's 46.1 is below the median for Europe & Central Asia, which is 52.4, 88% of the median. (32 countries reporting)
- Iceland's 46.1 is above the median for high income countries, which is 46.05, 1.0× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.05 | 50.5 | 67.6 | 2 |
| 2000s | 36.4 | 18.3 | 56.8 | 10 |
| 2010s | 37.42 | 28.8 | 52 | 10 |
| 2020s | 46.1 | 46.1 | 46.1 | 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 unemployed persons by methods used for seeking work - % of total in Iceland?
- Unemployed persons by methods used for seeking work - % of total in Iceland was 46.1 in 2020, according to Eurostat.
- What is the highest unemployed persons by methods used for seeking work - % of total recorded in Iceland?
- The highest recorded value was 67.6 in 1999.
- What is the lowest unemployed persons by methods used for seeking work - % of total recorded in Iceland?
- The lowest recorded value was 18.3 in 2007.
- How does Iceland rank for unemployed persons by methods used for seeking work - % of total?
- Iceland ranks 26th out of 45 countries with data for 2020.
- Is unemployed persons by methods used for seeking work - % of total rising or falling in Iceland?
- Over the last ten years it is down 11.3%. 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 Unemployed persons by methods used for seeking work - % of total unemployment. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Eurostat).