Unemployment rate, by sex and age - 19th ICLS in Iceland

Iceland: Unemployment rate, by sex and age - 19th ICLS was 3.6% in 2024. ▲ Rising

Latest (2024)
3.6%
Change on year
up 1.1%
World rank
53rd
of 70 countries
All-time high
6.0%
in 2021
All-time low
2.7%
in 2018
Years of data
11
2014–2024

Unemployment rate, by sex and age - 19th ICLS in Iceland, 2014–2024

02462014201920242014: 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

The most recent figure for unemployment rate, by sex and age - 19th icls in Iceland is 3.6%, measured in 2024.

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 - 19th icls in Iceland peaked at 6.0% in 2021 and was at its lowest, 2.7%, in 2018.

Iceland ranks 53rd of 70 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Unemployment rate, by sex and age - 19th ICLS in Iceland, year by year

Annual values for Unemployment rate, by sex and age - 19th ICLS (%) in Iceland, 2014 to 2024.
Year % Change
2014 4.9%
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
2010s 3.5% 2.7% 4.9% 6
2020s 4.5% 3.5% 6.0% 5

Countries ranked near Iceland

  1. 50 Australia 3.9% compare
  2. 51 Slovenia 3.7% compare
  3. 52 Netherlands (Kingdom of the) 3.6% compare
  4. 54 Saudi Arabia 3.5% compare
  5. 55 Germany 3.4% compare
  6. 56 Singapore 3.3% compare

See the full ranking of 73 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment rate, by sex and age - 19th icls in Iceland?
Unemployment rate, by sex and age - 19th 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 - 19th icls recorded in Iceland?
The highest recorded value was 6.0% in 2021.
What is the lowest unemployment rate, by sex and age - 19th icls recorded in Iceland?
The lowest recorded value was 2.7% in 2018.
How does Iceland rank for unemployment rate, by sex and age - 19th icls?
Iceland ranks 53rd out of 70 countries with data for 2024.
Is unemployment rate, by sex and age - 19th 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 - 19th ICLS (%). Statizoid updates them automatically from the source API.

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Unemployment rate, by sex and age - 19th 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-19th-icls-percent/iceland/

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About this data

Indicator
Unemployment rate, by sex and age - 19th ICLS (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
73 places, 719 data points, 2014–2025
Last refreshed