Iceland - Unemployment Rate 1987
0.44%
−0.22pp from 1986
Iceland's unemployment rate was 0.44% in 1987, decreased +0.22pp from 0.66% in 1986. This was the 2nd highest globally.
Global Ranking - 1987▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Hungary | 0.32% | 48.6% |
| 2nd | Iceland | 0.44% | -32.8% |
| 3rd | Switzerland | 0.80% | -4.1% |
| 4th | Luxembourg | 1.67% | 14.5% |
| 5th | Hong Kong SAR, China | 1.74% | -38.4% |
| 6th | Norway | 2.08% | 6.2% |
| 7th | Indonesia | 2.64% | -4.0% |
| 8th | Japan | 2.85% | 3.0% |
| 9th | Sweden | 2.87% | -20.5% |
| 10th | Pakistan | 3.07% | -6.9% |
| 11th | Korea | 3.11% | -19.1% |
| 12th | Cyprus | 3.40% | -8.1% |
| 13th | Romania | 3.70% | -5.1% |
| 14th | Austria | 3.80% | 22.6% |
| 15th | Mexico | 3.88% | -9.7% |
| 16th | Singapore | 3.90% | 93.8% |
| 17th | New Zealand | 4.23% | 0.6% |
| 18th | Peru | 4.80% | -9.4% |
| 19th | Finland | 4.90% | -26.5% |
| 20th | Denmark | 5.00% | 0.3% |
| 21st | Albania | 5.16% | -4.9% |
| 22nd | Paraguay | 5.50% | -9.8% |
| 23rd | Costa Rica | 5.58% | -10.5% |
| 24th | Mauritius | 5.96% | -45.5% |
| 25th | Argentina | 6.00% | -4.8% |
| 26th | Israel | 6.06% | -14.4% |
| 27th | United States | 6.18% | -11.8% |
| 28th | Netherlands | 6.34% | -2.8% |
| 29th | Honduras | 7.09% | 6.4% |
| 30th | Portugal | 7.13% | -17.2% |
| 31st | Colombia | 7.36% | -3.8% |
| 32nd | Greece | 7.40% | 0.0% |
| 33rd | Germany | 7.84% | 0.1% |
| 34th | Australia | 8.11% | -0.1% |
| 35th | Türkiye | 8.13% | 5.4% |
| 36th | Malta | 8.20% | -25.5% |
| 37th | Malaysia | 8.21% | -0.7% |
| 38th | Jordan | 8.39% | 4.4% |
| 39th | Canada | 8.80% | -8.4% |
| 40th | Uruguay | 9.10% | -9.9% |
| 41st | France | 9.15% | 3.1% |
| 42nd | Italy | 9.62% | 8.5% |
| 43rd | Belgium | 9.81% | -2.4% |
| 44th | United Kingdom | 10.43% | -7.9% |
| 45th | Chile | 10.98% | -10.7% |
| 46th | Philippines | 11.06% | -5.3% |
| 47th | Bahamas, The | 11.50% | -5.7% |
| 48th | Fiji | 11.91% | 24.7% |
| 49th | São Tomé and Principe | 13.62% | 0.0% |
| 50th | Nicaragua | 14.00% | 6.9% |
| 51st | Panama | 14.10% | 12.8% |
| 52nd | Aruba | 14.50% | -26.0% |
| 53rd | South Africa | 16.59% | 3.4% |
| 54th | Puerto Rico (US) | 16.80% | -11.1% |
| 55th | Barbados | 17.93% | 1.1% |
| 56th | Sudan | 18.53% | -3.6% |
| 57th | Ireland | 18.80% | 3.9% |
| 58th | Algeria | 20.06% | 9.3% |
| 59th | Spain | 20.22% | -3.3% |
| 60th | Jamaica | 20.97% | -11.4% |
| 61st | Cabo Verde | 24.16% | 1.7% |
FAQ
What was Iceland's unemployment rate in 1987?▾
Iceland's unemployment rate in 1987 was 0.44%. This ranked 2nd globally.
How did Iceland's unemployment rate change in 1987?▾
Iceland's unemployment rate decreased by 32.8% in 1987 compared to 1986.
Which country had the highest unemployment rate in 1987?▾
Cabo Verde had the highest unemployment rate in 1987 at 24.16%.
What is the unemployment rate of Iceland in 1987?▾
The unemployment rate of Iceland in 1987 was 0.44%. This ranked 2nd globally.
How does 1987 compare to 1986 for Iceland's unemployment rate?▾
Iceland's unemployment rate went from 0.66% in 1986 to 0.44% in 1987, a 32.8% decrease.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1987. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 20.8%. View full analysis →
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