Unemployment: quarterly data (1998–2020) … quarterly 1998 in Iceland

Iceland: Unemployment: quarterly data (1998–2020) … quarterly 1998 was 5 in 2020. ▼ Falling

Latest (2020)
5
Change on year
up 150.0%
World rank
45th
of 47 countries
All-time high
7
in 2009
All-time low
2
in 2004
Years of data
18
2003–2020

Unemployment by educational attainment level - quarterly data in Iceland, 2003–2020

2345672003201120202003: 32004: 22005: 32006: 32007: 32008: 52009: 72010: 72011: 62012: 52013: 42014: 32015: 22016: 22017: 22018: 22019: 22020: 5

Source: Eurostat.

Analysis

Iceland recorded 5 for unemployment by educational attainment level - quarterly data in 2020.

The figure is up 150.0% on the previous year and down 28.6% over ten years.

Over the whole period, unemployment by educational attainment level - quarterly data in Iceland peaked at 7 in 2009 and was at its lowest, 2, in 2004.

That places Iceland 45th out of 47 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Unemployment: quarterly data (1998–2020) … quarterly 1998 in Iceland, year by year

Annual values for Unemployment by educational attainment level - quarterly data (1998–2020) in Iceland, 2003 to 2020.
Year Value Change
2003 3 —
2004 2 -33.3%
2005 3 +50.0%
2006 3 +0.0%
2007 3 +0.0%
2008 5 +66.7%
2009 7 +40.0%
2010 7 +0.0%
2011 6 -14.3%
2012 5 -16.7%
2013 4 -20.0%
2014 3 -25.0%
2015 2 -33.3%
2016 2 +0.0%
2017 2 +0.0%
2018 2 +0.0%
2019 2 +0.0%
2020 5 +150.0%

Iceland compared with similar countries

  • Iceland's 5 is below the median for Europe & Central Asia, which is 52, 10% of the median. (33 countries reporting)
  • Iceland's 5 is below the median for high income countries, which is 58, 9% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Unemployment: quarterly data (1998–2020) … quarterly 1998 in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +150.0% 2 5

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.71 2 7 7
2010s 3.5 2 7 10
2020s 5 5 5 1

Countries ranked near Iceland

  1. 45 Cyprus 5 compare
  2. 45 Malta 5 compare

See the full ranking of 53 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment by educational attainment level - quarterly data in Iceland?
Unemployment by educational attainment level - quarterly data in Iceland was 5 in 2020, according to Eurostat.
What is the highest unemployment by educational attainment level - quarterly data recorded in Iceland?
The highest recorded value was 7 in 2009.
What is the lowest unemployment by educational attainment level - quarterly data recorded in Iceland?
The lowest recorded value was 2 in 2004.
How does Iceland rank for unemployment by educational attainment level - quarterly data?
Iceland ranks 45th out of 47 countries with data for 2020.
Is unemployment by educational attainment level - quarterly data rising or falling in Iceland?
Over the last ten years it is down 28.6%. 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 Unemployment by educational attainment level - quarterly data (1998–2020). Statizoid updates them automatically from the source API.

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Unemployment by educational attainment level - quarterly data in Iceland. Statizoid, drawing on Eurostat. Retrieved 12 November 2026, from https://labour.statizoid.com/stat/unemployment-by-educational-attainment-level-quarterly-data-1998-2020/iceland/

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About this data

Indicator
Unemployment by educational attainment level - quarterly data (1998–2020)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 999 data points, 1998–2020
Last refreshed