Unemployment rate for young people in Iceland

Iceland: Unemployment rate for young people was 8.67 in 2025. ▲ Rising

Latest (2025)
8.67
Change on year
down 1.2%
World rank
132nd
of 186 countries
All-time high
15.86
in 2010
All-time low
4.19
in 1999
Years of data
35
1991–2025

Unemployment rate for young people in Iceland, 1991–2025

57.51012.5151991200820251991: 4.81992: 9.81993: 9.91994: 11.51995: 11.71996: 8.31997: 7.81998: 6.81999: 4.22000: 4.22001: 4.92002: 6.22003: 11.82004: 11.52005: 7.12006: 7.92007: 6.72008: 7.92009: 15.52010: 15.92011: 14.22012: 13.22013: 10.42014: 9.62015: 8.62016: 6.32017: 7.52018: 5.92019: 8.42020: 9.92021: 11.82022: 8.42023: 8.52024: 8.82025: 8.7

Source: Our World in Data.

Analysis

Iceland recorded 8.67 for unemployment rate for young people in 2025.

The figure is down 1.2% on the previous year and up 1.1% over ten years.

Over the whole period, unemployment rate for young people in Iceland peaked at 15.86 in 2010 and was at its lowest, 4.19, in 1999.

That places Iceland 132nd out of 186 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Unemployment rate for young people in Iceland, year by year

Annual values for Unemployment rate for young people in Iceland, 1991 to 2025.
Year Value Change
1991 4.85
1992 9.78 +101.7%
1993 9.89 +1.2%
1994 11.46 +15.8%
1995 11.7 +2.1%
1996 8.32 -28.8%
1997 7.83 -5.9%
1998 6.78 -13.5%
1999 4.19 -38.3%
2000 4.25 +1.4%
2001 4.86 +14.5%
2002 6.16 +26.7%
2003 11.81 +91.9%
2004 11.49 -2.8%
2005 7.05 -38.6%
2006 7.92 +12.3%
2007 6.68 -15.6%
2008 7.87 +17.7%
2009 15.46 +96.4%
2010 15.86 +2.6%
2011 14.15 -10.8%
2012 13.2 -6.7%
2013 10.41 -21.1%
2014 9.57 -8.2%
2015 8.58 -10.3%
2016 6.32 -26.4%
2017 7.54 +19.4%
2018 5.9 -21.8%
2019 8.45 +43.2%
2020 9.87 +16.8%
2021 11.83 +19.8%
2022 8.42 -28.8%
2023 8.49 +0.8%
2024 8.78 +3.4%
2025 8.67 -1.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.31 4.19 11.7 9
2000s 8.35 4.25 15.46 10
2010s 10 5.9 15.86 10
2020s 9.34 8.42 11.83 6

Countries ranked near Iceland

  1. 129 Netherlands 8.83 compare
  2. 130 Sao Tome and Principe 8.79 compare
  3. 131 Comoros 8.75 compare
  4. 133 Honduras 8.53 compare
  5. 134 Malta 8.43 compare
  6. 135 Kyrgyzstan 8.23 compare

See the full ranking of 186 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment rate for young people in Iceland?
Unemployment rate for young people in Iceland was 8.67 in 2025, according to Our World in Data.
What is the highest unemployment rate for young people recorded in Iceland?
The highest recorded value was 15.86 in 2010.
What is the lowest unemployment rate for young people recorded in Iceland?
The lowest recorded value was 4.19 in 1999.
How does Iceland rank for unemployment rate for young people?
Iceland ranks 132nd out of 186 countries with data for 2025.
Is unemployment rate for young people rising or falling in Iceland?
Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Unemployment rate for young people. Statizoid updates them automatically from the source API.

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Unemployment rate for young people in Iceland. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://labour.statizoid.com/stat/unemployment-rate-for-young-people/iceland/

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About this data

Indicator
Unemployment rate for young people
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,496 data points, 1991–2025
Last refreshed