Unemployment rates by migration status, citizenship and educational in Iceland

Iceland: Unemployment rates by migration status, citizenship and educational was 4.5% in 2025. ▼ Falling

Latest (2025)
4.5%
Change on year
up 25.0%
World rank
29th
of 42 countries
All-time high
6.1%
in 2021
All-time low
3.5%
in 2023
Years of data
5
2021–2025

Unemployment rates by migration status, citizenship and educational in Iceland, 2021–2025

02462021202320252021: 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 migration status, citizenship and educational in Iceland is 4.5%, measured in 2025.

That represents a change of up 25.0% on the previous year and down 26.2% over five years.

Iceland ranks 29th of 42 countries on this measure, in the middle of the range.

Unemployment rates by migration status, citizenship and educational in Iceland, year by year

Annual values for Unemployment rates by migration status, citizenship and educational attainment level in Iceland, 2021 to 2025.
Year Percentage Change
2021 6.1%
2022 3.8% -37.7%
2023 3.5% -7.9%
2024 3.6% +2.9%
2025 4.5% +25.0%

Countries ranked near Iceland

  1. 28 Ireland 4.7% compare
  2. 29 Norway 4.5% compare
  3. 31 Cyprus 4.4% compare
  4. 31 Hungary 4.4% compare

See the full ranking of 44 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment rates by migration status, citizenship and educational in Iceland?
Unemployment rates by migration status, citizenship and educational in Iceland was 4.5% in 2025, according to Eurostat.
What is the highest unemployment rates by migration status, citizenship and educational recorded in Iceland?
The highest recorded value was 6.1% in 2021.
What is the lowest unemployment rates by migration status, citizenship and educational recorded in Iceland?
The lowest recorded value was 3.5% in 2023.
How does Iceland rank for unemployment rates by migration status, citizenship and educational?
Iceland ranks 29th out of 42 countries with data for 2025.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Unemployment rates by migration status, citizenship and educational attainment level. Statizoid updates them automatically from the source API.

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Unemployment rates by migration status, citizenship and educational in Iceland. Statizoid, drawing on Eurostat. Retrieved 12 September 2026, from https://labour.statizoid.com/stat/unemployment-rates-by-migration-status-citizenship-and-educational-attainment-level/iceland/

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About this data

Indicator
Unemployment rates by migration status, citizenship and educational attainment level
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 220 data points, 2021–2025
Last refreshed