Unemployment with basic education (% of total labor force with basic) in Iceland
Iceland: Unemployment with basic education (% of total labor force with basic) was 6.6% in 2024. ▲ Rising
Unemployment with basic education in Iceland, 1999–2024
Source: Education and Mismatch Indicators database (EMI), International Labour Organization (ILO). Measured in % of total labor force with basic education.
Analysis
The most recent figure for unemployment with basic education in Iceland is 6.6%, measured in 2024.
The figure is down 2.6% on the previous year and down 5.8% over ten years.
Over the whole period, unemployment with basic education in Iceland peaked at 10.5% in 2010 and was at its lowest, 2.9%, in 2001.
That places Iceland 68th out of 130 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Unemployment with basic education (% of total labor force with basic) in Iceland, year by year
| Year | % of total labor force with basic education | Change |
|---|---|---|
| 1999 | 2.9% | — |
| 2000 | 3.0% | +1.5% |
| 2001 | 2.9% | -4.2% |
| 2002 | 4.5% | +57.9% |
| 2003 | 5.5% | +22.4% |
| 2004 | 4.5% | -18.8% |
| 2005 | 3.8% | -15.3% |
| 2006 | 4.6% | +21.6% |
| 2007 | 3.6% | -21.9% |
| 2008 | 4.6% | +28.1% |
| 2009 | 10.2% | +122.0% |
| 2010 | 10.5% | +2.6% |
| 2011 | 10.2% | -2.7% |
| 2012 | 10.2% | -0.2% |
| 2013 | 8.3% | -19.1% |
| 2014 | 7.0% | -15.7% |
| 2015 | 6.1% | -11.7% |
| 2016 | 4.5% | -26.3% |
| 2017 | 4.7% | +4.7% |
| 2018 | 4.5% | -4.6% |
| 2019 | 5.7% | +26.3% |
| 2020 | 8.4% | +46.7% |
| 2021 | 10.0% | +18.7% |
| 2022 | 7.3% | -26.8% |
| 2023 | 6.7% | -7.7% |
| 2024 | 6.6% | -2.6% |
Iceland compared with similar countries
- Iceland's 6.6% is below the median for high income countries, which is 8.0%, 82% of the median. (55 countries reporting)
- Iceland's 6.6% is below the median for Europe & Central Asia, which is 10.4%, 63% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 2.9% | 2.9% | 1 |
| 2000s | 4.7% | 2.9% | 10.2% | 10 |
| 2010s | 7.2% | 4.5% | 10.5% | 10 |
| 2020s | 7.8% | 6.6% | 10.0% | 5 |
Countries ranked near Iceland
- 65 Kazakhstan 6.7% compare
- 66 Russia 6.6% compare
- 67 United States 6.6% compare
- 69 Kyrgyzstan 6.5% compare
- 70 Portugal 6.4% compare
- 71 Pakistan 6.3% compare
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
Frequently asked questions
- What is unemployment with basic education in Iceland?
- Unemployment with basic education in Iceland was 6.6% in 2024, according to Education and Mismatch Indicators database (EMI), International Labour Organization (ILO).
- What is the highest unemployment with basic education recorded in Iceland?
- The highest recorded value was 10.5% in 2010.
- What is the lowest unemployment with basic education recorded in Iceland?
- The lowest recorded value was 2.9% in 2001.
- How does Iceland rank for unemployment with basic education?
- Iceland ranks 68th out of 130 countries with data for 2024.
- Is unemployment with basic education rising or falling in Iceland?
- Over the last ten years it is down 5.8%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Education and Mismatch Indicators database (EMI), International Labour Organization (ILO), published as part of Unemployment with basic education (% of total labor force with basic education). Statizoid updates them automatically from the source API.
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About this data
The percentage of the labor force with a basic level of education who are unemployed. Basic education comprises primary education or lower secondary education according to the International Standard Classification of Education 2011 (ISCED 2011).