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Iceland Services Employment

Employment in services  SL.SRV.EMPL.ZS

78.15% +0.26% (+0.3%)
Year 2025 Rank #153 Global Peak 79.18% (2018) Source World Bank

Iceland Services Employment (1991–2025)

Overview

Iceland's services employment stood at 78.15% in 2025, a rise of +0.26% from 2024. Based on recent trends, this figure is projected to reach 78.46% by 2026. Iceland ranked 153rd globally.

Data & projection

Year Services Employment YoY change Rank
2028* trend 78.91% - -
2027* trend 78.69% - -
2026* trend 78.46% - -
2025 78.15% +0.26% #153
2024 77.89% −0.09% #154
2023 77.98% +0.02% #155
2022 77.95% +0.96% #158
2021 77.00% −1.01% #158
2020 78.01% −0.48% #162
2019 78.49% −0.69% #166
2018 79.18% +0.42% #169
2017 78.76% +0.12% #168
2016 78.65% +0.72% #169
2015 77.92% +0.89% #165
2014 77.03% +0.11% #161
2013 76.92% +0.69% #160
2012 76.23% +0.27% #160
2011 75.96% −0.01% #164
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 services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iceland's services employment?

Iceland's services employment was 78.15% in 2025. Ranked 153rd globally. This represents a 0.3% increase from the previous year.

What was the highest services employment in Iceland?

Iceland's services employment peaked at 79.18% in 2018.

What was the lowest services employment in Iceland?

The lowest services employment in Iceland was 63.92% in 1991.

How does Iceland rank in services employment?

Iceland ranks 153rd globally in services employment as of 2025.

What is the World Bank indicator code for services employment?

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

What is the projected services employment of Iceland in 2026?

Iceland's services employment is projected to reach 78.46% by 2026 based on trend extrapolation.

What is the services employment of Iceland in 2025?

The services employment of Iceland in 2025 was 78.15%. This ranks 153rd in the world.

Cite this page

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