Youth unemployment (previous ILO definition - ICLS13) in Iceland
Iceland: Youth unemployment (previous ILO definition - ICLS13) was 4.29 in 2023. ▲ Rising
Youth unemployment (previous ILO definition - ICLS13) in Iceland, 1995–2023
Source: International Labour Organization.
Analysis
Iceland recorded 4.29 for youth unemployment (previous ilo definition - icls13) in 2023.
The figure is up 8.5% on the previous year and down 8.3% over ten years.
Over the whole period, youth unemployment (previous ilo definition - icls13) in Iceland peaked at 6.7 in 2009 and was at its lowest, 1.69, in 1999.
That places Iceland 93rd out of 94 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Youth unemployment (previous ILO definition - ICLS13) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 3.93 | — |
| 1996 | 2.66 | -32.4% |
| 1997 | 2.64 | -0.7% |
| 1998 | 2.39 | -9.3% |
| 1999 | 1.69 | -29.4% |
| 2000 | 1.7 | +0.5% |
| 2001 | 1.87 | +10.4% |
| 2002 | 2.1 | +12.3% |
| 2003 | 4.19 | +99.2% |
| 2004 | 3.88 | -7.4% |
| 2005 | 2.42 | -37.7% |
| 2006 | 2.97 | +23.0% |
| 2007 | 2.48 | -16.5% |
| 2008 | 3.03 | +22.2% |
| 2009 | 6.7 | +120.9% |
| 2010 | 6.54 | -2.4% |
| 2011 | 5.82 | -11.0% |
| 2012 | 5.41 | -7.0% |
| 2013 | 4.67 | -13.6% |
| 2014 | 4.41 | -5.7% |
| 2015 | 3.6 | -18.3% |
| 2016 | 2.77 | -23.2% |
| 2017 | 3.27 | +18.3% |
| 2018 | 2.8 | -14.4% |
| 2019 | 4.3 | +53.6% |
| 2020 | 4.89 | +13.6% |
| 2021 | 5.43 | +11.2% |
| 2022 | 3.95 | -27.3% |
| 2023 | 4.29 | +8.5% |
Iceland compared with similar countries
- Iceland's 4.29 is below the median for high income countries, which is 84.37, 5% of the median. (45 countries reporting)
- Iceland's 4.29 is below the median for Europe & Central Asia, which is 64.04, 7% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.66 | 1.69 | 3.93 | 5 |
| 2000s | 3.13 | 1.7 | 6.7 | 10 |
| 2010s | 4.36 | 2.77 | 6.54 | 10 |
| 2020s | 4.64 | 3.95 | 5.43 | 4 |
Countries ranked near Iceland
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 youth unemployment (previous ilo definition - icls13) in Iceland?
- Youth unemployment (previous ilo definition - icls13) in Iceland was 4.29 in 2023, according to International Labour Organization.
- What is the highest youth unemployment (previous ilo definition - icls13) recorded in Iceland?
- The highest recorded value was 6.7 in 2009.
- What is the lowest youth unemployment (previous ilo definition - icls13) recorded in Iceland?
- The lowest recorded value was 1.69 in 1999.
- How does Iceland rank for youth unemployment (previous ilo definition - icls13)?
- Iceland ranks 93rd out of 94 countries with data for 2023.
- Is youth unemployment (previous ilo definition - icls13) rising or falling in Iceland?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of Youth unemployment (previous ILO definition - ICLS13) (15-29). Statizoid updates them automatically from the source API.
Download this data
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Youth Labour Market Indicators (YouthSTATS) database description.