Unemployment rates by country of birth in Iceland

Iceland: Unemployment rates by country of birth was 4.5% in 2025. ▲ Rising

Latest (2025)
4.5%
Change on year
up 25.0%
World rank
32nd
of 47 countries
All-time high
7.6%
in 2010
All-time low
1.9%
in 2000
Years of data
31
1995–2025

Unemployment rates by country of birth in Iceland, 1995–2025

24681995201020251995: 5.2 Percentage1996: 3.6 Percentage1997: 3.7 Percentage1998: 3.1 Percentage1999: 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 country of birth in Iceland stood at 4.5%.

That represents a change of up 25.0% on the previous year and up 12.5% over ten years.

Over the whole period, unemployment rates by country of birth in Iceland peaked at 7.6% in 2010 and was at its lowest, 1.9%, in 2000.

Iceland ranks 32nd of 47 countries on this measure, in the middle of the range.

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

Unemployment rates by country of birth in Iceland, year by year

Annual values for Unemployment rates by country of birth in Iceland, 1995 to 2025.
Year Percentage Change
1995 5.2% —
1996 3.6% -30.8%
1997 3.7% +2.8%
1998 3.1% -16.2%
1999 2.2% -29.0%
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%

Iceland compared with similar countries

  • Iceland's 4.5% is below the median for Europe & Central Asia, which is 6.0%, 74% of the median. (34 countries reporting)
  • Iceland's 4.5% is below the median for high income countries, which is 5.4%, 83% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Unemployment rates by country of birth in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 +148.3% 2.9% 7.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.6% 2.2% 5.2% 5
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. 31 Ireland 4.7% compare
  2. 32 Norway 4.5% compare
  3. 34 Cyprus 4.4% compare
  4. 34 Hungary 4.4% compare

See the full ranking of 49 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment rates by country of birth in Iceland?
Unemployment rates by country of birth in Iceland was 4.5% in 2025, according to Eurostat.
What is the highest unemployment rates by country of birth recorded in Iceland?
The highest recorded value was 7.6% in 2010.
What is the lowest unemployment rates by country of birth recorded in Iceland?
The lowest recorded value was 1.9% in 2000.
How does Iceland rank for unemployment rates by country of birth?
Iceland ranks 32nd out of 47 countries with data for 2025.
Is unemployment rates by country of birth 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 country of birth. Statizoid updates them automatically from the source API.

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Unemployment rates by country of birth in Iceland. Statizoid, drawing on Eurostat. Retrieved 10 November 2026, from https://labour.statizoid.com/stat/unemployment-rates-by-country-of-birth/iceland/

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About this data

Indicator
Unemployment rates by country of birth
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
49 places, 1,320 data points, 1995–2025
Last refreshed