Unemployment rate, by sex and age - 13th ICLS in Iceland

Iceland: Unemployment rate, by sex and age - 13th ICLS was 3.6% in 2024. ▲ Rising

Latest (2024)
3.6%
Change on year
up 1.1%
World rank
127th
of 189 countries
All-time high
7.6%
in 2010
All-time low
1.9%
in 2001
Years of data
25
2000–2024

Unemployment rate, by sex and age - 13th ICLS in Iceland, 2000–2024

24682000201220242000: 1.9 %2001: 1.9 %2002: 3 %2003: 4 %2004: 4 %2005: 2.5 %2006: 2.8 %2007: 2.2 %2008: 3 %2009: 7.2 %2010: 7.6 %2011: 7 %2012: 6 %2013: 5.4 %2014: 4.9 %2015: 4 %2016: 3 %2017: 2.7 %2018: 2.7 %2019: 3.5 %2020: 5.5 %2021: 6 %2022: 3.8 %2023: 3.5 %2024: 3.6 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, unemployment rate, by sex and age - 13th icls in Iceland stood at 3.6%.

The figure is up 1.1% on the previous year and down 27.3% over ten years.

Over the whole period, unemployment rate, by sex and age - 13th icls in Iceland peaked at 7.6% in 2010 and was at its lowest, 1.9%, in 2001.

That places Iceland 127th out of 189 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Unemployment rate, by sex and age - 13th ICLS in Iceland, year by year

Annual values for Unemployment rate, by sex and age - 13th ICLS (%) in Iceland, 2000 to 2024.
Year % Change
2000 1.9%
2001 1.9% -3.6%
2002 3.0% +59.9%
2003 4.0% +33.8%
2004 4.0% +0.8%
2005 2.5% -36.7%
2006 2.8% +11.0%
2007 2.2% -20.5%
2008 3.0% +31.1%
2009 7.2% +144.7%
2010 7.6% +4.7%
2011 7.0% -7.0%
2012 6.0% -14.7%
2013 5.4% -10.3%
2014 4.9% -8.9%
2015 4.0% -18.8%
2016 3.0% -25.1%
2017 2.7% -8.1%
2018 2.7% -1.5%
2019 3.5% +30.0%
2020 5.5% +56.1%
2021 6.0% +10.0%
2022 3.8% -37.1%
2023 3.5% -7.1%
2024 3.6% +1.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.3% 1.9% 7.2% 10
2010s 4.7% 2.7% 7.6% 10
2020s 4.5% 3.5% 6.0% 5

Countries ranked near Iceland

  1. 124 Slovenia 3.7% compare
  2. 125 Bangladesh 3.6% compare
  3. 125 Netherlands (Kingdom of the) 3.6% compare
  4. 128 Saudi Arabia 3.5% compare
  5. 129 Kyrgyzstan 3.5% compare
  6. 130 Nigeria 3.5% compare

See the full ranking of 228 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment rate, by sex and age - 13th icls in Iceland?
Unemployment rate, by sex and age - 13th icls in Iceland was 3.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest unemployment rate, by sex and age - 13th icls recorded in Iceland?
The highest recorded value was 7.6% in 2010.
What is the lowest unemployment rate, by sex and age - 13th icls recorded in Iceland?
The lowest recorded value was 1.9% in 2001.
How does Iceland rank for unemployment rate, by sex and age - 13th icls?
Iceland ranks 127th out of 189 countries with data for 2024.
Is unemployment rate, by sex and age - 13th icls rising or falling in Iceland?
Over the last ten years it is down 27.3%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Unemployment rate, by sex and age - 13th ICLS (%). Statizoid updates them automatically from the source API.

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Unemployment rate, by sex and age - 13th ICLS in Iceland. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 09 September 2026, from https://labour.statizoid.com/stat/unemployment-rate-by-sex-and-age-13th-icls-percent/iceland/

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About this data

Indicator
Unemployment rate, by sex and age - 13th ICLS (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
228 places, 4,321 data points, 2000–2025
Last refreshed