Youth unemployment ratio by NUTS 2 region in Iceland

Iceland: Youth unemployment ratio by NUTS 2 region was 10.4% in 2025. ▼ Falling

Latest (2025)
10.4%
Change on year
up 7.2%
World rank
4th
of 45 countries
All-time high
13.2%
in 2010
All-time low
6.2%
in 2016
Years of data
23
2003–2025

Youth unemployment ratio by NUTS 2 region in Iceland, 2003–2025

0510152003201420252003: 11.7 Percentage2004: 11.7 Percentage2005: 6.5 Percentage2006: 9.5 Percentage2007: 7.9 Percentage2008: 8.8 Percentage2009: 12.2 Percentage2010: 13.2 Percentage2011: 11.7 Percentage2012: 11.3 Percentage2013: 10.5 Percentage2014: 9.7 Percentage2015: 9.2 Percentage2016: 6.2 Percentage2017: 7.7 Percentage2018: 6.5 Percentage2019: 8.1 Percentage2020: 9 Percentage2021: 9.6 Percentage2022: 9.3 Percentage2023: 9.7 Percentage2024: 9.7 Percentage2025: 10.4 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

In 2025, youth unemployment ratio by nuts 2 region in Iceland stood at 10.4%.

That represents a change of up 7.2% on the previous year and up 13.0% over ten years.

Over the whole period, youth unemployment ratio by nuts 2 region in Iceland peaked at 13.2% in 2010 and was at its lowest, 6.2%, in 2016.

Iceland ranks 4th of 45 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 23 years of available data.

Youth unemployment ratio by NUTS 2 region in Iceland, year by year

Annual values for Youth unemployment ratio by NUTS 2 region in Iceland, 2003 to 2025.
Year Percentage Change
2003 11.7% —
2004 11.7% +0.0%
2005 6.5% -44.4%
2006 9.5% +46.2%
2007 7.9% -16.8%
2008 8.8% +11.4%
2009 12.2% +38.6%
2010 13.2% +8.2%
2011 11.7% -11.4%
2012 11.3% -3.4%
2013 10.5% -7.1%
2014 9.7% -7.6%
2015 9.2% -5.2%
2016 6.2% -32.6%
2017 7.7% +24.2%
2018 6.5% -15.6%
2019 8.1% +24.6%
2020 9.0% +11.1%
2021 9.6% +6.7%
2022 9.3% -3.1%
2023 9.7% +4.3%
2024 9.7% +0.0%
2025 10.4% +7.2%

Iceland compared with similar countries

  • Iceland's 10.4% is above the median for Europe & Central Asia, which is 4.0%, 2.6× the median. (34 countries reporting)
  • Iceland's 10.4% is above the median for high income countries, which is 4.1%, 2.5× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.8% 6.5% 12.2% 7
2010s 9.4% 6.2% 13.2% 10
2020s 9.6% 9.0% 10.4% 6

Countries ranked near Iceland

  1. 1 Sweden 16.1% compare
  2. 2 Norway 12.8% compare
  3. 3 Finland 11.1% compare
  4. 5 Denmark 10.2% compare
  5. 6 Netherlands 8.5% compare
  6. 6 Netherlands 8.5% compare

See the full ranking of 389 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is youth unemployment ratio by nuts 2 region in Iceland?
Youth unemployment ratio by nuts 2 region in Iceland was 10.4% in 2025, according to Eurostat.
What is the highest youth unemployment ratio by nuts 2 region recorded in Iceland?
The highest recorded value was 13.2% in 2010.
What is the lowest youth unemployment ratio by nuts 2 region recorded in Iceland?
The lowest recorded value was 6.2% in 2016.
How does Iceland rank for youth unemployment ratio by nuts 2 region?
Iceland ranks 4th out of 45 countries with data for 2025.
Is youth unemployment ratio by nuts 2 region rising or falling in Iceland?
Over the last ten years it is up 13.0%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Youth unemployment ratio by NUTS 2 region. Statizoid updates them automatically from the source API.

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Youth unemployment ratio by NUTS 2 region in Iceland. Statizoid, drawing on Eurostat. Retrieved 14 October 2026, from https://labour.statizoid.com/stat/youth-unemployment-ratio-by-nuts-2-region/iceland/

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About this data

Indicator
Youth unemployment ratio by NUTS 2 region
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
389 places, 7,368 data points, 1999–2025
Last refreshed