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

Iceland: Unemployment, youth total (% of total labor force ages 15-24) was 9.5% in 2025. ▲ Rising

Latest (2025)
9.5%
Change on year
up 4.5%
World rank
113th
of 160 countries
All-time high
16.2%
in 2010
All-time low
4.3%
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: 4.91992: 9.91993: 101994: 11.51995: 12.21996: 8.71997: 8.11998: 71999: 4.32000: 4.42001: 5.12002: 6.42003: 12.52004: 12.12005: 7.42006: 8.32007: 72008: 8.22009: 15.92010: 16.22011: 14.42012: 13.52013: 10.62014: 9.82015: 8.82016: 6.52017: 7.92018: 6.12019: 8.72020: 102021: 12.12022: 8.72023: 8.82024: 9.12025: 9.5

Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).

Analysis

In 2025, unemployment, youth total (% of total labor force ages 15-24) in Iceland stood at 9.5%.

That represents a change of up 4.5% on the previous year and up 7.6% over ten years.

Over the whole period, unemployment, youth total (% of total labor force ages 15-24) in Iceland peaked at 16.2% in 2010 and was at its lowest, 4.3%, in 1999.

Iceland ranks 113th of 160 countries on this measure, 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) (national estimate) in Iceland, 1991 to 2025.
Year Value Change
1991 4.9%
1992 9.9% +102.5%
1993 10.0% +0.6%
1994 11.5% +15.8%
1995 12.2% +5.6%
1996 8.7% -28.7%
1997 8.1% -6.7%
1998 7.0% -13.6%
1999 4.3% -38.8%
2000 4.4% +2.4%
2001 5.1% +15.3%
2002 6.4% +25.4%
2003 12.5% +96.0%
2004 12.1% -2.7%
2005 7.4% -39.2%
2006 8.3% +12.5%
2007 7.0% -15.4%
2008 8.2% +16.9%
2009 15.9% +93.4%
2010 16.2% +2.3%
2011 14.4% -11.0%
2012 13.5% -6.3%
2013 10.6% -21.4%
2014 9.8% -8.0%
2015 8.8% -9.8%
2016 6.5% -26.2%
2017 7.9% +20.8%
2018 6.1% -22.7%
2019 8.7% +43.8%
2020 10.0% +14.8%
2021 12.1% +20.3%
2022 8.7% -28.3%
2023 8.8% +1.2%
2024 9.1% +3.7%
2025 9.5% +4.5%

Iceland compared with similar countries

  • Iceland's 9.5% is below the median for high income countries, which is 13.9%, 68% of the median. (70 countries reporting)
  • Iceland's 9.5% is below the median for Europe & Central Asia, which is 15.2%, 62% of the median. (51 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.5% 4.3% 12.2% 9
2000s 8.7% 4.4% 15.9% 10
2010s 10.3% 6.1% 16.2% 10
2020s 9.7% 8.7% 12.1% 6

Countries ranked near Iceland

  1. 110 Bangladesh 9.6% compare
  2. 111 Malta 9.6% compare
  3. 112 Australia 9.5% compare
  4. 114 Jamaica 9.1% compare
  5. 115 Netherlands 8.8% compare
  6. 116 Afghanistan 8.8% compare

See the full ranking of 189 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 9.5% in 2025, according to Labour Force Statistics database (LFS), 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 16.2% in 2010.
What is the lowest unemployment, youth total (% of total labor force ages 15-24) recorded in Iceland?
The lowest recorded value was 4.3% in 1999.
How does Iceland rank for unemployment, youth total (% of total labor force ages 15-24)?
Iceland ranks 113th out of 160 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 7.6%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Unemployment, youth total (% of total labor force ages 15-24) (national 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 Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 15 September 2026, from https://labour.statizoid.com/stat/unemployment-youth-total-percent-of-total-labor-force-ages-15-24-national-estimate/iceland/

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About this data

Indicator
Unemployment, youth total (% of total labor force ages 15-24) (national estimate)
Source
Labour Force Statistics database (LFS), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
189 places, 4,166 data points, 1960–2025
Last refreshed

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