Unemployment (previous ILO definition - ICLS13) in Iceland

Iceland: Unemployment (previous ILO definition - ICLS13) was 10.54 in 2025. ▲ Rising

Latest (2025)
10.54
Change on year
up 24.5%
World rank
74th
of 78 countries
All-time high
13.56
in 2010
All-time low
3.02
in 2001
Years of data
31
1995–2025

Unemployment (previous ILO definition - ICLS13) in Iceland, 1995–2025

2.557.51012.51995201020251995: 7.71996: 5.21997: 5.41998: 4.61999: 3.42000: 3.12001: 32002: 4.82003: 6.62004: 6.62005: 4.22006: 4.92007: 42008: 5.42009: 12.92010: 13.62011: 12.52012: 10.72013: 9.82014: 9.12015: 7.62016: 5.82017: 5.52018: 5.52019: 7.32020: 11.32021: 12.62022: 8.32023: 82024: 8.52025: 10.5

Source: International Labour Organization.

Analysis

The most recent figure for unemployment (previous ilo definition - icls13) in Iceland is 10.54, measured in 2025.

The figure is up 24.5% on the previous year and up 38.5% over ten years.

Over the whole period, unemployment (previous ilo definition - icls13) in Iceland peaked at 13.56 in 2010 and was at its lowest, 3.02, in 2001.

That places Iceland 74th out of 78 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Unemployment (previous ILO definition - ICLS13) in Iceland, year by year

Annual values for Unemployment (previous ILO definition - ICLS13) (15+) in Iceland, 1995 to 2025.
Year Value Change
1995 7.66
1996 5.24 -31.6%
1997 5.38 +2.7%
1998 4.58 -14.9%
1999 3.35 -26.8%
2000 3.09 -7.8%
2001 3.02 -2.4%
2002 4.82 +59.6%
2003 6.56 +36.1%
2004 6.57 +0.2%
2005 4.18 -36.4%
2006 4.89 +17.0%
2007 4.04 -17.3%
2008 5.37 +33.0%
2009 12.94 +140.7%
2010 13.56 +4.9%
2011 12.55 -7.5%
2012 10.72 -14.6%
2013 9.84 -8.2%
2014 9.15 -7.1%
2015 7.61 -16.8%
2016 5.85 -23.2%
2017 5.47 -6.5%
2018 5.51 +0.8%
2019 7.31 +32.6%
2020 11.27 +54.3%
2021 12.64 +12.1%
2022 8.29 -34.4%
2023 8.03 -3.1%
2024 8.47 +5.4%
2025 10.54 +24.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.24 3.35 7.66 5
2000s 5.55 3.02 12.94 10
2010s 8.76 5.47 13.56 10
2020s 9.87 8.03 12.64 6

Countries ranked near Iceland

  1. 71 Luxembourg 22.73 compare
  2. 72 Fiji 18.07 compare
  3. 73 Brunei Darussalam 11.42 compare
  4. 75 Malta 10.37 compare
  5. 76 Saint Lucia 8.35 compare
  6. 77 Belize 6.33 compare

See the full ranking of 78 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment (previous ilo definition - icls13) in Iceland?
Unemployment (previous ilo definition - icls13) in Iceland was 10.54 in 2025, according to International Labour Organization.
What is the highest unemployment (previous ilo definition - icls13) recorded in Iceland?
The highest recorded value was 13.56 in 2010.
What is the lowest unemployment (previous ilo definition - icls13) recorded in Iceland?
The lowest recorded value was 3.02 in 2001.
How does Iceland rank for unemployment (previous ilo definition - icls13)?
Iceland ranks 74th out of 78 countries with data for 2025.
Is unemployment (previous ilo definition - icls13) rising or falling in Iceland?
Over the last ten years it is up 38.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Labour Organization, published as part of Unemployment (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 31 observations, free to reuse under ILO Terms of Use (attribution required).

Share, cite or embed this page

Cite this page

Unemployment (previous ILO definition - ICLS13) in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/unemployment-previous-ilo-definition-icls13-15/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under ILO Terms of Use (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/unemployment-previous-ilo-definition-icls13-15/iceland/">Unemployment (previous ILO definition - ICLS13) in Iceland</a> — Statizoid

About this data

Indicator
Unemployment (previous ILO definition - ICLS13) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
78 places, 1,366 data points, 1987–2025
Last refreshed

The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the International Labour Migration Statistics (ILMS) database description.