Unemployment rates by degree of urbanisation in Iceland

Iceland: Unemployment rates by degree of urbanisation was 4.5% in 2025. ▲ Rising

Latest (2025)
4.5%
Change on year
up 25.0%
World rank
30th
of 45 countries
All-time high
7.6%
in 2010
All-time low
1.9%
in 2000
Years of data
31
1995–2025

Unemployment rates by degree of urbanisation 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

The most recent figure for unemployment rates by degree of urbanisation in Iceland is 4.5%, measured in 2025.

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

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

That places Iceland 30th out of 45 countries with data for 2025, putting it in the middle of the range.

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

Unemployment rates by degree of urbanisation in Iceland, year by year

Annual values for Unemployment rates by degree of urbanisation 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%

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. 29 Ireland 4.7% compare
  2. 30 Norway 4.5% compare
  3. 32 Cyprus 4.4% compare
  4. 32 Hungary 4.4% compare

See the full ranking of 47 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment rates by degree of urbanisation in Iceland?
Unemployment rates by degree of urbanisation in Iceland was 4.5% in 2025, according to Eurostat.
What is the highest unemployment rates by degree of urbanisation recorded in Iceland?
The highest recorded value was 7.6% in 2010.
What is the lowest unemployment rates by degree of urbanisation recorded in Iceland?
The lowest recorded value was 1.9% in 2000.
How does Iceland rank for unemployment rates by degree of urbanisation?
Iceland ranks 30th out of 45 countries with data for 2025.
Is unemployment rates by degree of urbanisation 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 degree of urbanisation. Statizoid updates them automatically from the source API.

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Unemployment rates by degree of urbanisation in Iceland. Statizoid, drawing on Eurostat. Retrieved 01 September 2026, from https://labour.statizoid.com/stat/unemployment-rates-by-degree-of-urbanisation/iceland/

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About this data

Indicator
Unemployment rates by degree of urbanisation
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
47 places, 1,326 data points, 1992–2025
Last refreshed