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Iceland Industry Employment

Employment in industry  SL.IND.EMPL.ZS

18.24% −0.17% (-0.9%)
Year 2025 Rank #79 Global Peak 26.63% (1998) Source World Bank

Iceland Industry Employment (1991–2025)

Overview

Iceland's industry employment stood at 18.24% in 2025, a decline of +0.17% from 2024. Based on recent trends, this figure is projected to reach 18.09% by 2026. Iceland ranked 79th globally.

Data & projection

Year Industry Employment YoY change Rank
2028* trend 17.92% - -
2027* trend 18.01% - -
2026* trend 18.09% - -
2025 18.24% −0.17% #79
2024 18.41% +0.17% #82
2023 18.25% +0.29% #80
2022 17.96% −0.95% #79
2021 18.91% +0.96% #91
2020 17.95% +0.47% #79
2019 17.47% +0.68% #76
2018 16.79% −0.69% #64
2017 17.48% +0.02% #75
2016 17.46% −0.38% #73
2015 17.84% −0.59% #77
2014 18.43% −0.20% #80
2013 18.64% +0.41% #83
2012 18.22% −0.33% #82
2011 18.55% +0.11% #82
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.3% GDP growth 6.2% C/A balance 9.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw industry employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iceland's industry employment?

Iceland's industry employment was 18.24% in 2025. Ranked 79th globally. This represents a 0.9% decrease from the previous year.

What was the highest industry employment in Iceland?

Iceland's industry employment peaked at 26.63% in 1998.

What was the lowest industry employment in Iceland?

The lowest industry employment in Iceland was 16.79% in 2018.

How does Iceland rank in industry employment?

Iceland ranks 79th globally in industry employment as of 2025.

What is the World Bank indicator code for industry employment?

The World Bank indicator code is SL.IND.EMPL.ZS. Data sourced from World Bank.

What is the projected industry employment of Iceland in 2026?

Iceland's industry employment is projected to reach 18.09% by 2026 based on trend extrapolation.

What is the industry employment of Iceland in 2025?

The industry employment of Iceland in 2025 was 18.24%. This ranks 79th in the world.

Cite this page

APA
Iceland Industry Employment. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/iceland/industry-employment
BibTeX
@misc{historysaid_iceland_industry-employment, title = {Iceland Industry Employment}, url = {https://historysaid.com/iceland/industry-employment}, publisher = {HistorySaid}, year = {2026} }