Unemployment rates by citizenship and NUTS 2 region in Iceland

Iceland: Unemployment rates by citizenship and NUTS 2 region was 4.5% in 2025. ▲ Rising

Latest (2025)
4.5%
Change on year
up 25.0%
World rank
33rd
of 48 countries
All-time high
7.6%
in 2010
All-time low
1.9%
in 2000
Years of data
27
1999–2025

Unemployment rates by citizenship and NUTS 2 region in Iceland, 1999–2025

24681999201220251999: 2.2 Percentage2000: 1.9 Percentage2001: 1.9 Percentage2002: 3 Percentage2003: 4 Percentage2004: 4 Percentage2005: 2.5 Percentage2006: 2.8 Percentage2007: 2.3 Percentage2008: 2.9 Percentage2009: 7.2 Percentage2010: 7.6 Percentage2011: 7 Percentage2012: 6 Percentage2013: 5.4 Percentage2014: 4.9 Percentage2015: 4 Percentage2016: 3 Percentage2017: 2.7 Percentage2018: 2.7 Percentage2019: 3.5 Percentage2020: 5.5 Percentage2021: 6.1 Percentage2022: 3.8 Percentage2023: 3.5 Percentage2024: 3.6 Percentage2025: 4.5 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

In 2025, unemployment rates by citizenship and nuts 2 region in Iceland stood at 4.5%.

The figure is up 25.0% on the previous year and up 12.5% over ten years.

Over the whole period, unemployment rates by citizenship and nuts 2 region in Iceland peaked at 7.6% in 2010 and was at its lowest, 1.9%, in 2000.

Iceland ranks 33rd of 48 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 27 years of available data.

Unemployment rates by citizenship and NUTS 2 region in Iceland, year by year

Annual values for Unemployment rates by citizenship and NUTS 2 region in Iceland, 1999 to 2025.
Year Percentage Change
1999 2.2%
2000 1.9% -13.6%
2001 1.9% +0.0%
2002 3.0% +57.9%
2003 4.0% +33.3%
2004 4.0% +0.0%
2005 2.5% -37.5%
2006 2.8% +12.0%
2007 2.3% -17.9%
2008 2.9% +26.1%
2009 7.2% +148.3%
2010 7.6% +5.6%
2011 7.0% -7.9%
2012 6.0% -14.3%
2013 5.4% -10.0%
2014 4.9% -9.3%
2015 4.0% -18.4%
2016 3.0% -25.0%
2017 2.7% -10.0%
2018 2.7% +0.0%
2019 3.5% +29.6%
2020 5.5% +57.1%
2021 6.1% +10.9%
2022 3.8% -37.7%
2023 3.5% -7.9%
2024 3.6% +2.9%
2025 4.5% +25.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.2% 2.2% 2.2% 1
2000s 3.2% 1.9% 7.2% 10
2010s 4.7% 2.7% 7.6% 10
2020s 4.5% 3.5% 6.1% 6

Countries ranked near Iceland

  1. 32 Ireland 4.7% compare
  2. 33 Norway 4.5% compare
  3. 35 Cyprus 4.4% compare
  4. 35 Hungary 4.4% compare

See the full ranking of 484 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment rates by citizenship and nuts 2 region in Iceland?
Unemployment rates by citizenship and nuts 2 region in Iceland was 4.5% in 2025, according to Eurostat.
What is the highest unemployment rates by citizenship and nuts 2 region recorded in Iceland?
The highest recorded value was 7.6% in 2010.
What is the lowest unemployment rates by citizenship and nuts 2 region recorded in Iceland?
The lowest recorded value was 1.9% in 2000.
How does Iceland rank for unemployment rates by citizenship and nuts 2 region?
Iceland ranks 33rd out of 48 countries with data for 2025.
Is unemployment rates by citizenship and nuts 2 region rising or falling in Iceland?
Over the last ten years it is up 12.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Unemployment rates by citizenship and NUTS 2 region. Statizoid updates them automatically from the source API.

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Unemployment rates by citizenship and NUTS 2 region in Iceland. Statizoid, drawing on Eurostat. Retrieved 30 August 2026, from https://labour.statizoid.com/stat/unemployment-rates-by-citizenship-and-nuts-2-region/iceland/

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About this data

Indicator
Unemployment rates by citizenship and NUTS 2 region
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
484 places, 11,318 data points, 1999–2025
Last refreshed