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Iceland - Labor Force Participation 2023

Name: Iceland Labor Force Participation 2023
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Labor force participation rate · World Bank

74.75% +0.28pp from 2022 Global rank: 18th

Iceland's labor force participation was 74.75% in 2023, increased +0.28pp from 74.47% in 2022. This was the 18th highest globally.

Global Ranking - 2023▾

Labor Force Participation by Country - 2023
Rank	Country	Value	YoY
1st	Qatar	87.55%	0.0%
2nd	Madagascar	85.47%	0.0%
3rd	Solomon Islands	84.28%	0.0%
4th	Tanzania	83.77%	0.0%
5th	Nigeria	82.56%	1.6%
6th	Cambodia	82.35%	0.0%
7th	Korea, Democratic People’s Republic of	82.16%	0.0%
8th	Uganda	80.00%	0.0%
9th	Niger	79.56%	-0.1%
10th	Mozambique	78.81%	0.0%
11th	Burundi	78.80%	-0.4%
12th	Bolivia, Plurinational State of	78.38%	0.1%
13th	United Arab Emirates	78.37%	1.5%
14th	Eritrea	78.35%	0.0%
15th	Liberia	76.65%	-0.1%
16th	Benin	76.27%	0.0%
17th	Angola	74.89%	-0.5%
18th	Iceland	74.75%	0.4%
19th	Bahamas, The	74.13%	0.0%
20th	Kuwait	73.97%	-0.5%
21st	Viet Nam	73.55%	-1.3%
22nd	Central African Republic	73.43%	0.0%
23rd	South Sudan	73.41%	-0.2%
24th	Peru	72.69%	-2.4%
25th	New Zealand	71.50%	0.8%
26th	Burkina Faso	71.20%	-1.6%
27th	Moldova	70.79%	-2.4%
28th	Paraguay	70.75%	0.2%
29th	Bahrain	70.70%	0.6%
30th	Kazakhstan	70.40%	0.3%
31st	Jamaica	69.47%	2.7%
32nd	Singapore	69.39%	-0.5%
33rd	St. Lucia	68.56%	-0.9%
34th	Oman	68.33%	0.1%
35th	Botswana	68.28%	5.7%
36th	Macao SAR, China	67.97%	2.0%
37th	Cyprus	67.95%	0.5%
38th	Indonesia	67.90%	1.3%
39th	Congo, Republic of	67.90%	-0.1%
40th	St. Vincent and the Grenadines	67.86%	0.5%
41st	Thailand	67.81%	0.9%
42nd	Zimbabwe	67.79%	3.9%
43rd	Netherlands	67.72%	0.7%
44th	Kenya	67.46%	-0.1%
45th	Switzerland	67.45%	0.6%
46th	Mali	67.21%	0.0%
47th	Côte d'Ivoire	67.13%	0.0%
48th	Australia	67.02%	0.2%
49th	Timor-Leste	66.58%	0.0%
50th	Ireland	66.18%	2.7%
51st	Malaysia	66.18%	-0.1%
52nd	Lao PDR	65.99%	0.0%
53rd	Norway	65.94%	0.0%
54th	Nicaragua	65.89%	0.4%
55th	China	65.83%	0.0%
56th	Estonia	65.60%	0.8%
57th	Cameroon	65.55%	0.0%
58th	Canada	65.36%	0.2%
59th	Saudi Arabia	65.34%	2.4%
60th	Panama	65.14%	-1.8%
61st	Israel	65.06%	0.5%
62nd	Barbados	65.02%	-0.5%
63rd	Bhutan	64.99%	3.0%
64th	Sweden	64.93%	0.6%
65th	Guinea-Bissau	64.80%	-0.1%
66th	Brunei Darussalam	64.73%	1.0%
67th	Uruguay	64.58%	2.2%
68th	Ecuador	64.49%	-2.0%
69th	Haiti	64.49%	-0.5%
70th	Congo, Democratic Republic of	64.40%	0.1%
71st	Azerbaijan	64.35%	-0.7%
72nd	Malta	64.28%	0.4%
73rd	Dominican Republic	64.28%	1.7%
74th	Korea	64.27%	0.7%
75th	Georgia	64.04%	0.6%
76th	Albania	63.88%	2.8%
77th	Denmark	63.75%	0.4%
78th	Colombia	63.74%	0.9%
79th	Rwanda	63.66%	5.8%
80th	Belarus	63.57%	-0.7%
81st	Maldives	63.33%	-0.2%
82nd	Malawi	63.00%	-0.1%
83rd	Brazil	62.92%	-1.0%
84th	Japan	62.90%	0.6%
85th	Lithuania	62.89%	0.2%
86th	Argentina	62.29%	1.3%
87th	Guam	62.24%	0.1%
88th	Russian Federation	62.14%	0.3%
89th	United States	62.08%	0.5%
90th	Zambia	61.96%	4.1%
91st	United Kingdom	61.81%	-0.2%
92nd	Mexico	61.74%	1.3%
93rd	El Salvador	61.56%	2.5%
94th	Luxembourg	61.54%	1.0%
95th	Chile	61.52%	2.3%
96th	Philippines	61.42%	0.0%
97th	Slovak Republic	61.17%	0.0%
98th	Equatorial Guinea	61.14%	0.0%
99th	Germany	61.05%	0.4%
100th	Latvia	60.99%	0.1%
101st	Bangladesh	60.89%	-1.6%
102nd	Austria	60.85%	0.0%
103rd	Mongolia	60.83%	-2.8%
104th	Hungary	60.61%	1.3%
105th	Czechia	60.43%	1.0%
106th	Finland	60.28%	-0.2%
107th	Armenia	59.99%	2.0%
108th	Chad	59.70%	-0.1%
109th	Guatemala	59.59%	-1.1%
110th	Trinidad and Tobago	59.27%	1.6%
111th	Poland	59.23%	0.5%
112th	Ghana	59.07%	-0.1%
113th	Mauritius	59.00%	6.2%
114th	Namibia	58.90%	0.0%
115th	Montenegro	58.56%	5.6%
116th	Portugal	58.56%	1.3%
117th	Vanuatu	58.40%	0.0%
118th	Serbia	58.10%	1.8%
119th	Slovenia	58.06%	-1.7%
120th	Togo	57.92%	0.0%
121st	Uzbekistan	57.74%	0.1%
122nd	European Union	57.72%	0.4%
123rd	Belize	57.62%	-1.2%
124th	Spain	57.59%	0.0%
125th	Lesotho	57.46%	-0.1%
126th	New Caledonia	57.25%	-0.6%
127th	Hong Kong SAR, China	57.22%	-1.1%
128th	Fiji	57.20%	0.1%
129th	Cabo Verde	57.12%	-0.1%
130th	Channel Islands	57.08%	-1.1%
131st	Kyrgyz Republic	56.92%	-3.8%
132nd	Bulgaria	56.90%	0.3%
133rd	Costa Rica	56.83%	-7.6%
134th	Honduras	56.49%	-3.7%
135th	France	55.94%	0.2%
136th	Comoros	55.42%	-0.1%
137th	Myanmar	55.19%	0.0%
138th	South Africa	55.02%	2.8%
139th	Guyana	54.70%	1.3%
140th	India	54.70%	2.1%
141st	Virgin Islands (US)	54.56%	0.1%
142nd	Belgium	54.41%	-0.3%
143rd	Sierra Leone	53.63%	-0.1%
144th	Suriname	53.58%	0.3%
145th	French Polynesia	53.35%	-1.1%
146th	Türkiye	53.31%	0.5%
147th	Cuba	53.17%	-0.9%
148th	Guinea	52.81%	0.0%
149th	Pakistan	52.37%	-0.1%
150th	Croatia	52.26%	-0.5%
151st	Papua New Guinea	51.96%	-0.1%
152nd	Senegal	51.88%	-0.1%
153rd	Greece	51.80%	0.0%
154th	North Macedonia	51.75%	-2.2%
155th	Romania	51.74%	-1.7%
156th	Gabon	51.50%	-0.2%
157th	Eswatini	51.22%	1.6%
158th	Tonga	50.60%	-1.5%
159th	Italy	49.80%	1.6%
160th	Bosnia and Herzegovina	49.43%	1.2%
161st	Libya	48.51%	-0.4%
162nd	Gambia, The	47.55%	-0.1%
163rd	Sri Lanka	47.40%	-4.7%
164th	Tunisia	45.78%	-1.3%
165th	Egypt, Arab Republic of	44.67%	4.3%
166th	Morocco	44.22%	-0.2%
167th	Samoa	43.44%	-0.7%
168th	Lebanon	43.42%	0.1%
169th	Puerto Rico (US)	42.13%	0.7%
170th	Turkmenistan	41.99%	-0.5%
171st	Iraq	41.63%	0.4%
172nd	Iran, Islamic Republic of	41.52%	2.4%
173rd	Algeria	41.51%	-0.7%
174th	Mauritania	40.93%	0.0%
175th	Jordan	40.12%	4.1%
176th	Nepal	39.38%	-0.1%
177th	Tajikistan	38.09%	0.7%
178th	Afghanistan	37.59%	-0.1%
179th	Syrian Arab Republic	37.13%	-0.5%
180th	Somalia, Fed. Rep.	33.91%	0.0%
181st	Yemen, Republic of	33.11%	0.2%
182nd	Djibouti	31.78%	0.0%
183rd	São Tomé and Principe	23.45%	-0.3%

FAQ

What was Iceland's labor force participation in 2023?▾

Iceland's labor force participation in 2023 was 74.75%. This ranked 18th globally.

How did Iceland's labor force participation change in 2023?▾

Iceland's labor force participation increased by 0.4% in 2023 compared to 2022.

Which country had the highest labor force participation in 2023?▾

Qatar had the highest labor force participation in 2023 at 87.55%.

What is the labor force participation of Iceland in 2023?▾

The labor force participation of Iceland in 2023 was 74.75%. This ranked 18th globally.

How does 2023 compare to 2022 for Iceland's labor force participation?▾

Iceland's labor force participation went from 74.47% in 2022 to 74.75% in 2023, a 0.4% increase.

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