Unemployment, youth total (% of total labor force ages 15-24) in Iceland

Iceland: Unemployment, youth total (% of total labor force ages 15-24) was 8.7% in 2025. ▲ Rising

Latest (2025)
8.7%
Change on year
down 1.2%
World rank
133rd
of 187 countries
All-time high
15.9%
in 2010
All-time low
4.2%
in 1999
Years of data
35
1991–2025

Unemployment, youth total (% of total labor force ages 15-24) in Iceland, 1991–2025

57.51012.5151991200820251991: 4.81992: 9.81993: 9.91994: 11.51995: 11.71996: 8.31997: 7.81998: 6.81999: 4.22000: 4.22001: 4.92002: 6.22003: 11.82004: 11.52005: 7.12006: 7.92007: 6.72008: 7.92009: 15.52010: 15.92011: 14.22012: 13.22013: 10.42014: 9.62015: 8.62016: 6.32017: 7.52018: 5.92019: 8.42020: 9.92021: 11.82022: 8.42023: 8.52024: 8.82025: 8.7

Source: ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).

Analysis

The most recent figure for unemployment, youth total (% of total labor force ages 15-24) in Iceland is 8.7%, measured in 2025.

The figure is down 1.2% on the previous year and up 1.1% over ten years.

Over the whole period, unemployment, youth total (% of total labor force ages 15-24) in Iceland peaked at 15.9% in 2010 and was at its lowest, 4.2%, in 1999.

That places Iceland 133rd out of 187 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Unemployment, youth total (% of total labor force ages 15-24) in Iceland, year by year

Annual values for Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate) in Iceland, 1991 to 2025.
Year Value Change
1991 4.8%
1992 9.8% +101.7%
1993 9.9% +1.2%
1994 11.5% +15.8%
1995 11.7% +2.1%
1996 8.3% -28.8%
1997 7.8% -5.9%
1998 6.8% -13.5%
1999 4.2% -38.3%
2000 4.2% +1.4%
2001 4.9% +14.5%
2002 6.2% +26.7%
2003 11.8% +91.9%
2004 11.5% -2.8%
2005 7.1% -38.6%
2006 7.9% +12.3%
2007 6.7% -15.6%
2008 7.9% +17.7%
2009 15.5% +96.4%
2010 15.9% +2.6%
2011 14.2% -10.8%
2012 13.2% -6.7%
2013 10.4% -21.1%
2014 9.6% -8.2%
2015 8.6% -10.3%
2016 6.3% -26.4%
2017 7.5% +19.4%
2018 5.9% -21.8%
2019 8.4% +43.2%
2020 9.9% +16.8%
2021 11.8% +19.8%
2022 8.4% -28.8%
2023 8.5% +0.8%
2024 8.8% +3.4%
2025 8.7% -1.2%

Iceland compared with similar countries

  • Iceland's 8.7% is below the median for high income countries, which is 13.8%, 63% of the median. (62 countries reporting)
  • Iceland's 8.7% is below the median for Europe & Central Asia, which is 14.4%, 60% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.3% 4.2% 11.7% 9
2000s 8.4% 4.2% 15.5% 10
2010s 10.0% 5.9% 15.9% 10
2020s 9.3% 8.4% 11.8% 6

Countries ranked near Iceland

  1. 130 Netherlands 8.8% compare
  2. 131 Sao Tome and Principe 8.8% compare
  3. 132 Comoros 8.8% compare
  4. 134 Honduras 8.5% compare
  5. 135 Malta 8.4% compare
  6. 136 Kyrgyzstan 8.2% compare

See the full ranking of 235 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is unemployment, youth total (% of total labor force ages 15-24) in Iceland?
Unemployment, youth total (% of total labor force ages 15-24) in Iceland was 8.7% in 2025, according to ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).
What is the highest unemployment, youth total (% of total labor force ages 15-24) recorded in Iceland?
The highest recorded value was 15.9% in 2010.
What is the lowest unemployment, youth total (% of total labor force ages 15-24) recorded in Iceland?
The lowest recorded value was 4.2% in 1999.
How does Iceland rank for unemployment, youth total (% of total labor force ages 15-24)?
Iceland ranks 133rd out of 187 countries with data for 2025.
Is unemployment, youth total (% of total labor force ages 15-24) rising or falling in Iceland?
Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO), published as part of Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate). Statizoid updates them automatically from the source API.

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Unemployment, youth total (% of total labor force ages 15-24) in Iceland. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 14 September 2026, from https://labour.statizoid.com/stat/unemployment-youth-total-percent-of-total-labor-force-ages-15-24-modeled-ilo-estimate/iceland/

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About this data

Indicator
Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate)
Source
ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,211 data points, 1991–2025
Last refreshed

Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.