Home → Iceland → Unemployment Rate → 1983

Iceland - Unemployment Rate 1983

Name: Iceland Unemployment Rate 1983
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Unemployment as % of total labor force · World Bank

1.02% +0.35pp from 1982 Global rank: 3rd

Iceland's unemployment rate was 1.02% in 1983, increased +0.35pp from 0.67% in 1982. This was the 3rd highest globally.

Global Ranking - 1983▾

Unemployment Rate by Country - 1983
Rank	Country	Value	YoY
1st	Hungary	0.17%	12.3%
2nd	Switzerland	0.85%	98.6%
3rd	Iceland	1.02%	52.5%
4th	Luxembourg	1.62%	21.4%
5th	Japan	2.66%	13.1%
6th	Cyprus	3.30%	17.9%
7th	Albania	3.34%	18.6%
8th	Norway	3.43%	31.5%
9th	Austria	3.70%	19.4%
10th	Pakistan	3.85%	-
11th	Korea	4.12%	-0.3%
12th	Hong Kong SAR, China	4.35%	23.5%
13th	Israel	4.56%	-9.6%
14th	Sweden	4.76%	9.6%
15th	Argentina	5.00%	11.1%
16th	Singapore	5.57%	-11.3%
17th	Mexico	6.10%	45.2%
18th	Finland	6.15%	1.2%
19th	New Zealand	6.24%	43.2%
20th	Honduras	6.50%	-2.4%
21st	Italy	7.37%	-11.1%
22nd	France	7.38%	-8.5%
23rd	Türkiye	7.51%	-1.2%
24th	Greece	7.90%	36.2%
25th	Portugal	7.95%	6.5%
26th	Germany	8.10%	20.3%
27th	Netherlands	8.25%	26.5%
28th	Paraguay	8.30%	-
29th	Denmark	8.38%	12.2%
30th	Colombia	8.69%	22.5%
31st	Peru	9.00%	40.6%
32nd	Costa Rica	9.23%	-1.9%
33rd	United States	9.60%	-1.1%
34th	Australia	9.97%	38.8%
35th	Belgium	10.74%	-6.6%
36th	Nicaragua	11.00%	-11.3%
37th	United Kingdom	11.48%	7.0%
38th	Panama	11.57%	5.4%
39th	Canada	12.00%	8.1%
40th	Malta	12.50%	-
41st	South Africa	12.54%	16.6%
42nd	São Tomé and Principe	13.62%	0.0%
43rd	Algeria	14.29%	-4.8%
44th	Uruguay	14.50%	-
45th	Barbados	14.95%	9.5%
46th	Spain	17.22%	9.2%
47th	Mauritius	19.72%	-4.1%
48th	Chile	21.00%	6.0%
49th	Sudan	21.43%	-3.6%
50th	Cabo Verde	22.60%	1.7%
51st	Puerto Rico (US)	23.40%	2.6%
52nd	Jamaica	26.38%	-4.3%

FAQ

What was Iceland's unemployment rate in 1983?▾

Iceland's unemployment rate in 1983 was 1.02%. This ranked 3rd globally.

How did Iceland's unemployment rate change in 1983?▾

Iceland's unemployment rate increased by 52.5% in 1983 compared to 1982.

Which country had the highest unemployment rate in 1983?▾

Jamaica had the highest unemployment rate in 1983 at 26.38%.

What is the unemployment rate of Iceland in 1983?▾

The unemployment rate of Iceland in 1983 was 1.02%. This ranked 3rd globally.

How does 1983 compare to 1982 for Iceland's unemployment rate?▾

Iceland's unemployment rate went from 0.67% in 1982 to 1.02% in 1983, a 52.5% increase.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1983. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 32.0%. View full analysis →

← 1982

View all years

1984 →