Work & Labour in Iceland

896 indicators covering work & labour for Iceland.

IndicatorLatest Year10-yr change Rank
Unemployment rate of men vs. women 3.9% 2025 down 1.5% 119th
Female unemployment rate 3.4% 2025 down 17.3% 143rd
Share of male vs. female employment in industry 27.4% 2025 down 0.9% 78th
Share of male vs. female employment in agriculture 5.2% 2025 down 19.8% 140th
Share of male vs. female employment in services 67.4% 2025 up 2.3% 35th
Employment rate, men vs. women 76.5% 2025 down 1.1% 27th
Employment rate 72.2% 2025 down 1.9% 17th
Youth unemployment rate 8.7% 2025 up 1.1% 132nd
Population by labor force status 69,768 people 2025 up 4.4% 178th
Employee compensation as share of government spending 23.8% 2023 up 8.7% 82nd
CPI: National consumer price index, country weights 15.25 2025 up 5.3% 141st
LU4: Composite measure of labour underutilization 24.16 2023 down 11.0% 75th
Africa's Development Dynamics (AfDD) Table 32 - Employment by 11.71 Persons 2022 up 35.4% 145th
Africa's Development Dynamics (AfDD) Table 32 - Employment by 12.53 Persons 2022 up 31.2% 146th
Armed forces personnel as a share of the total labor force 0.0% 2020 down 100.0% 169th
Female labor force by age 4,980 people 2024 up 58.4% 153rd
Labor force participation rate by age 82.2% 2024 up 5.1% 2nd
Female labor force participation rate by age 83.3% 2024 up 5.8% 1st
Jobs gap 20.14 2023 down 10.4% 65th
Jobs gap rate 8.4 2023 down 27.0% 47th
Potential labour force and willing non-jobseekers 12.11 2023 down 4.2% 64th
Potential labour force and willing non-jobseekers rate 5 2023 down 23.1% 33rd
Unemployment rate: young vs. older adults 8.8% 2024 down 8.2% 132nd
NEET: Youth not in employment, education or training (ILO modelled) 0 units per square kilometre 2023 down 4.9% 186th
Time-related underemployment (ILO modelled estimates) (15+), per 0.0001 units per square kilometre 2023 up 5.3% 177th
Total weekly hours worked of employed persons (ILO modelled) 0.0743 units per square kilometre 2023 up 21.8% 178th
Employment by status 86.7% 2024 up 4.0% 35th
Share of workers who are employees vs. GDP per capita 86.7% 2024 up 4.0% 35th
Monthly minimum wage (Local currency), per square kilometre 3.99 units per square kilometre 2023 19th
Monthly minimum wage, per square kilometre 3.99 units per square kilometre 2023 18th
Employment 227.24 2025 up 23.7% 138th
Female labor force participation rates latest vs 1980, annual growth 0.9393 % change on previous year 2025 down 26.8% 43rd
Fertility and female labor force participation, annual growth rate 0.9393 % change on previous year 2025 down 26.8% 43rd
Female labor force participation rates slopes, annual growth rate 0.9393 % change on previous year 2025 down 26.8% 43rd
Cases of fatal occupational injury 5 2024 up 150.0% 99th
Annual growth of GDP per employed person 0.2% 2025 down 80.0% 152nd
Unemployment with basic education 6.6% 2024 down 5.8% 68th
Unemployment with basic education, male 6.0% 2024 down 28.8% 66th
Unemployment with intermediate education 2.7% 2024 down 35.8% 117th
Unemployment with basic education, female 7.5% 2024 up 40.1% 65th
Unemployment with advanced education 2.3% 2024 down 38.4% 111th
Unemployment with intermediate education, female 3.1% 2024 down 31.7% 109th
SDG indicator 8.8.2: Level of national compliance with labour rights 0 2024 down 100.0% 174th
Level of national compliance with labor rights 0 score 2024 down 100.0% 175th
Share of youth not in education, employment or training, total 4.0% 2024 down 30.5% 123rd
Unemployment with intermediate education, male 2.5% 2024 down 37.6% 112th
Labor force with basic education, female 52.3% 2024 down 21.1% 24th
Share of youth not in education, employment or training, female 3.6% 2024 down 31.7% 123rd
Share of youth not in education, employment or training, male 4.3% 2024 down 29.9% 120th
Labor force with basic education, male 77.7% 2024 down 2.3% 21st
Labor force with basic education 65.6% 2024 down 9.9% 18th
Labor force with intermediate education, female (% of female) 66.5% 2024 down 17.6% 22nd
Labor force with intermediate education, male 77.4% 2024 down 10.4% 42nd
Labor force with intermediate education (% of total working-age) 73.2% 2024 down 12.8% 23rd
Unemployment with advanced education, male 2.9% 2024 up 13.3% 90th
Labor force with advanced education, male 89.1% 2024 down 3.5% 15th
Labor force with advanced education 86.5% 2024 down 5.0% 10th
Labor force with advanced education, female 84.6% 2024 down 5.9% 7th
Employment to population ratio, 15+, female (%) 68.8% 2025 down 10.0% 15th
Employment to population ratio, 15+, male (%) 75.6% 2025 down 8.8% 37th