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Iceland - Labor Force Participation 2024

Name: Iceland Labor Force Participation 2024
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Labor force participation rate · World Bank

75.15% +0.41pp from 2023 Global rank: 17th

Iceland's labor force participation was 75.15% in 2024, increased +0.41pp from 74.75% in 2023. This was the 17th highest globally.

Global Ranking - 2024▾

Labor Force Participation by Country - 2024
Rank	Country	Value	YoY
1st	Qatar	87.22%	-0.4%
2nd	Madagascar	85.48%	0.0%
3rd	Solomon Islands	84.28%	0.0%
4th	Tanzania	83.75%	0.0%
5th	Nigeria	82.57%	0.0%
6th	Cambodia	82.37%	0.0%
7th	Korea, Democratic People’s Republic of	82.16%	0.0%
8th	Uganda	79.97%	0.0%
9th	Niger	79.56%	0.0%
10th	Mozambique	78.78%	0.0%
11th	Burundi	78.49%	-0.4%
12th	United Arab Emirates	78.48%	0.1%
13th	Eritrea	78.34%	0.0%
14th	Bolivia, Plurinational State of	78.33%	-0.1%
15th	Liberia	76.61%	0.0%
16th	Benin	76.27%	0.0%
17th	Iceland	75.15%	0.5%
18th	Angola	74.88%	0.0%
19th	Bahamas, The	74.00%	-0.2%
20th	Kuwait	73.56%	-0.6%
21st	Central African Republic	73.42%	0.0%
22nd	Viet Nam	73.13%	-0.6%
23rd	Peru	72.81%	0.2%
24th	Moldova	72.16%	1.9%
25th	Kazakhstan	70.59%	0.3%
26th	Bahrain	70.57%	-0.2%
27th	New Zealand	70.55%	-1.3%
28th	Paraguay	70.27%	-0.7%
29th	Burkina Faso	70.06%	-1.6%
30th	Jamaica	69.44%	0.0%
31st	Singapore	69.20%	-0.3%
32nd	Botswana	68.57%	0.4%
33rd	Oman	68.29%	-0.1%
34th	Macao SAR, China	68.28%	0.5%
35th	St. Lucia	68.23%	-0.5%
36th	St. Vincent and the Grenadines	68.04%	0.3%
37th	Indonesia	67.93%	0.0%
38th	Congo, Republic of	67.85%	-0.1%
39th	Zimbabwe	67.73%	-0.1%
40th	Netherlands	67.46%	-0.4%
41st	Kenya	67.42%	-0.1%
42nd	Cyprus	67.19%	-1.1%
43rd	Mali	67.17%	-0.1%
44th	Thailand	67.13%	-1.0%
45th	Côte d'Ivoire	67.11%	0.0%
46th	Switzerland	67.10%	-0.5%
47th	Timor-Leste	66.76%	0.3%
48th	Australia	66.72%	-0.5%
49th	Panama	66.32%	1.8%
50th	Malaysia	66.11%	-0.1%
51st	Nicaragua	66.03%	0.2%
52nd	Lao PDR	65.99%	0.0%
53rd	Norway	65.83%	-0.2%
54th	Cameroon	65.53%	0.0%
55th	Israel	65.49%	0.7%
56th	Estonia	65.45%	-0.2%
57th	Saudi Arabia	65.20%	-0.2%
58th	Denmark	65.05%	2.0%
59th	Uruguay	65.02%	0.7%
60th	Ireland	65.01%	-1.8%
61st	Barbados	64.98%	-0.1%
62nd	China	64.91%	-1.4%
63rd	Bhutan	64.90%	-0.1%
64th	Guinea-Bissau	64.75%	-0.1%
65th	Canada	64.74%	-1.0%
66th	Sweden	64.74%	-0.3%
67th	Dominican Republic	64.65%	0.6%
68th	Ecuador	64.54%	0.1%
69th	Brunei Darussalam	64.51%	-0.3%
70th	Korea	64.47%	0.3%
71st	Congo, Democratic Republic of	64.41%	0.0%
72nd	Georgia	64.35%	0.5%
73rd	Malta	64.16%	-0.2%
74th	Albania	64.01%	0.2%
75th	Haiti	63.97%	-0.8%
76th	Azerbaijan	63.90%	-0.7%
77th	Colombia	63.53%	-0.3%
78th	Rwanda	63.52%	-0.2%
79th	Brazil	63.34%	0.7%
80th	Japan	63.30%	0.6%
81st	Belarus	63.26%	-0.5%
82nd	Maldives	63.20%	-0.2%
83rd	Lithuania	63.10%	0.3%
84th	Malawi	62.93%	-0.1%
85th	Chile	62.30%	1.3%
86th	Guam	62.27%	0.0%
87th	United States	61.96%	-0.2%
88th	El Salvador	61.92%	0.6%
89th	Zambia	61.90%	-0.1%
90th	Argentina	61.86%	-0.7%
91st	Russian Federation	61.82%	-0.5%
92nd	Luxembourg	61.76%	0.4%
93rd	Mexico	61.64%	-0.2%
94th	United Kingdom	61.56%	-0.4%
95th	Philippines	61.40%	0.0%
96th	Germany	60.92%	-0.2%
97th	Equatorial Guinea	60.91%	-0.4%
98th	Latvia	60.84%	-0.2%
99th	Slovak Republic	60.80%	-0.6%
100th	Hungary	60.66%	0.1%
101st	Czechia	60.62%	0.3%
102nd	Austria	60.51%	-0.6%
103rd	Mongolia	60.31%	-0.9%
104th	Armenia	59.92%	-0.1%
105th	Finland	59.85%	-0.7%
106th	Guatemala	59.70%	0.2%
107th	Chad	59.60%	-0.2%
108th	Serbia	59.16%	1.8%
109th	Ghana	59.06%	0.0%
110th	Bangladesh	58.90%	-3.3%
111th	Namibia	58.87%	0.0%
112th	Mauritius	58.66%	-0.6%
113th	Poland	58.66%	-1.0%
114th	Portugal	58.44%	-0.2%
115th	Vanuatu	58.35%	-0.1%
116th	Montenegro	58.23%	-0.6%
117th	Trinidad and Tobago	58.15%	-1.9%
118th	Slovenia	57.95%	-0.2%
119th	Togo	57.89%	-0.1%
120th	Spain	57.84%	0.4%
121st	Uzbekistan	57.70%	-0.1%
122nd	Costa Rica	57.69%	1.5%
123rd	European Union	57.58%	-0.2%
124th	Kyrgyz Republic	57.48%	1.0%
125th	Lesotho	57.42%	-0.1%
126th	Fiji	57.22%	0.0%
127th	Cabo Verde	57.03%	-0.2%
128th	New Caledonia	56.88%	-0.6%
129th	Belize	56.85%	-1.3%
130th	Hong Kong SAR, China	56.84%	-0.7%
131st	Channel Islands	56.73%	-0.6%
132nd	Honduras	56.59%	0.2%
133rd	Bulgaria	56.28%	-1.1%
134th	France	55.66%	-0.5%
135th	India	55.64%	1.7%
136th	South Africa	55.57%	1.0%
137th	Comoros	55.39%	-0.1%
138th	Guyana	55.14%	0.8%
139th	Myanmar	55.13%	-0.1%
140th	Belgium	54.54%	0.2%
141st	Virgin Islands (US)	54.47%	-0.2%
142nd	Türkiye	54.20%	1.7%
143rd	Suriname	53.84%	0.5%
144th	Sierra Leone	53.58%	-0.1%
145th	French Polynesia	52.80%	-1.0%
146th	Guinea	52.79%	0.0%
147th	Cuba	52.64%	-1.0%
148th	Croatia	52.36%	0.2%
149th	Greece	52.33%	1.0%
150th	Pakistan	52.31%	-0.1%
151st	North Macedonia	52.20%	0.9%
152nd	Papua New Guinea	51.96%	0.0%
153rd	Senegal	51.85%	-0.1%
154th	Romania	51.46%	-0.5%
155th	Gabon	51.32%	-0.4%
156th	Eswatini	51.20%	0.0%
157th	Tonga	50.20%	-0.8%
158th	Italy	49.59%	-0.4%
159th	Bosnia and Herzegovina	49.24%	-0.4%
160th	Sri Lanka	48.60%	2.5%
161st	Libya	48.27%	-0.5%
162nd	Gambia, The	47.51%	-0.1%
163rd	Tunisia	45.49%	-0.6%
164th	Egypt, Arab Republic of	44.60%	-0.2%
165th	Morocco	44.13%	-0.2%
166th	Samoa	43.08%	-0.8%
167th	Puerto Rico (US)	42.62%	1.1%
168th	Turkmenistan	42.17%	0.4%
169th	Iraq	41.56%	-0.2%
170th	Iran, Islamic Republic of	41.27%	-0.6%
171st	Algeria	41.16%	-0.8%
172nd	Mauritania	40.90%	-0.1%
173rd	Jordan	40.01%	-0.3%
174th	Nepal	39.31%	-0.2%
175th	Tajikistan	38.35%	0.7%
176th	Afghanistan	37.55%	-0.1%
177th	Syrian Arab Republic	36.99%	-0.4%
178th	Somalia, Fed. Rep.	33.90%	0.0%
179th	Yemen, Republic of	33.19%	0.2%
180th	Djibouti	31.77%	0.0%
181st	São Tomé and Principe	23.39%	-0.2%

FAQ

What was Iceland's labor force participation in 2024?▾

Iceland's labor force participation in 2024 was 75.15%. This ranked 17th globally.

How did Iceland's labor force participation change in 2024?▾

Iceland's labor force participation increased by 0.5% in 2024 compared to 2023.

Which country had the highest labor force participation in 2024?▾

Qatar had the highest labor force participation in 2024 at 87.22%.

What is the labor force participation of Iceland in 2024?▾

The labor force participation of Iceland in 2024 was 75.15%. This ranked 17th globally.

How does 2024 compare to 2023 for Iceland's labor force participation?▾

Iceland's labor force participation went from 74.75% in 2023 to 75.15% in 2024, a 0.5% increase.

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