Iceland Labor Force Participation
Labor force participation rate SL.TLF.CACT.ZS
Overview
Iceland's labor force participation stood at 74.93% in 2025, a decline of +0.23pp from 2024. Based on recent trends, this figure is projected to reach 75.65% by 2026. Iceland ranked 17th globally.
Data & projection
| Year | Labor Force Participation | YoY change | Rank |
|---|---|---|---|
| 2028* trend | 76.40% | - | - |
| 2027* trend | 76.03% | - | - |
| 2026* trend | 75.65% | - | - |
| 2025 | 74.93% | −0.23pp | #17 |
| 2024 | 75.15% | +0.41pp | #17 |
| 2023 | 74.75% | +0.28pp | #18 |
| 2022 | 74.47% | +1.06pp | #20 |
| 2021 | 73.41% | −0.14pp | #21 |
| 2020 | 73.56% | −2.14pp | #18 |
| 2019 | 75.70% | −0.28pp | #17 |
| 2018 | 75.98% | −0.91pp | #16 |
| 2017 | 76.89% | −0.52pp | #16 |
| 2016 | 77.42% | +0.74pp | #13 |
| 2015 | 76.68% | +0.71pp | #15 |
| 2014 | 75.97% | +1.07pp | #18 |
| 2013 | 74.90% | +0.62pp | #19 |
| 2012 | 74.28% | +0.09pp | #18 |
| 2011 | 74.19% | −0.50pp | #20 |
Detected Pattern
Analysis
Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw labor force participation improve within 24 months. View full analysis →
Frequently Asked Questions
Iceland's labor force participation was 74.93% in 2025. Ranked 17th globally. This represents a 0.3% decrease from the previous year.
Iceland's labor force participation peaked at 77.86% in 2000.
The lowest labor force participation in Iceland was 72.68% in 1990.
Iceland ranks 17th globally in labor force participation as of 2025.
The World Bank indicator code is SL.TLF.CACT.ZS. Data sourced from World Bank.
Iceland's labor force participation is projected to reach 75.65% by 2026 based on trend extrapolation.
The labor force participation of Iceland in 2025 was 74.93%. This ranks 17th in the world.
Cite this page
@misc{historysaid_iceland_labor-force-participation,
title = {Iceland Labor Force Participation},
url = {https://historysaid.com/iceland/labor-force-participation},
publisher = {HistorySaid},
year = {2026}
}