Iceland - Unemployment Rate 1989
1.66%
+1.02pp from 1988
Iceland's unemployment rate was 1.66% in 1989, increased +1.02pp from 0.64% in 1988. This was the 7th highest globally.
Global Ranking - 1989▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Bulgaria | 0.03% | - |
| 2nd | Hungary | 0.53% | 14.7% |
| 3rd | Switzerland | 0.56% | -21.7% |
| 4th | Hong Kong SAR, China | 1.08% | -21.0% |
| 5th | Luxembourg | 1.40% | -8.7% |
| 6th | Aruba | 1.50% | -70.0% |
| 7th | Iceland | 1.66% | 160.7% |
| 8th | Singapore | 1.78% | -31.1% |
| 9th | Sweden | 2.03% | -13.8% |
| 10th | Japan | 2.25% | -10.6% |
| 11th | Cyprus | 2.30% | -17.9% |
| 12th | Austria | 2.35% | -12.3% |
| 13th | Korea | 2.58% | 2.3% |
| 14th | Indonesia | 2.86% | -1.0% |
| 15th | Mexico | 2.93% | -17.4% |
| 16th | Finland | 3.11% | -26.1% |
| 17th | Pakistan | 3.14% | 0.0% |
| 18th | Romania | 3.40% | -8.1% |
| 19th | Mauritius | 3.60% | -7.4% |
| 20th | Costa Rica | 3.77% | -30.9% |
| 21st | Malta | 4.64% | -25.2% |
| 22nd | Norway | 4.91% | 55.9% |
| 23rd | Portugal | 5.06% | -28.4% |
| 24th | United States | 5.26% | -4.3% |
| 25th | Netherlands | 5.67% | -9.2% |
| 26th | Paraguay | 6.10% | 29.8% |
| 27th | Australia | 6.13% | -14.9% |
| 28th | Honduras | 6.67% | -4.0% |
| 29th | Malaysia | 6.72% | -16.9% |
| 30th | Albania | 6.72% | 11.4% |
| 31st | Germany | 6.79% | -12.2% |
| 32nd | Colombia | 6.79% | 5.3% |
| 33rd | Denmark | 6.83% | 20.6% |
| 34th | United Kingdom | 7.23% | -15.7% |
| 35th | New Zealand | 7.33% | 26.3% |
| 36th | Belgium | 7.37% | -16.6% |
| 37th | Greece | 7.50% | -2.6% |
| 38th | Canada | 7.51% | -3.4% |
| 39th | Fiji | 7.79% | -35.1% |
| 40th | Ecuador | 7.90% | 12.9% |
| 41st | Peru | 7.90% | 90.1% |
| 42nd | Chile | 7.98% | -19.2% |
| 43rd | Argentina | 8.00% | 23.1% |
| 44th | Uruguay | 8.00% | -7.0% |
| 45th | Türkiye | 8.58% | -1.4% |
| 46th | France | 8.70% | -1.6% |
| 47th | Israel | 8.88% | 38.2% |
| 48th | El Salvador | 9.07% | -10.6% |
| 49th | Philippines | 9.13% | -2.9% |
| 50th | Italy | 9.67% | -0.2% |
| 51st | Jordan | 10.28% | 16.8% |
| 52nd | Bahamas, The | 11.70% | 6.4% |
| 53rd | Puerto Rico (US) | 14.60% | -2.7% |
| 54th | Nicaragua | 15.00% | 5.6% |
| 55th | São Tomé and Principe | 15.10% | 10.8% |
| 56th | Jamaica | 15.20% | -20.4% |
| 57th | Barbados | 15.24% | -11.0% |
| 58th | Sudan | 17.23% | -3.6% |
| 59th | Spain | 17.24% | -10.4% |
| 60th | South Africa | 17.83% | 3.4% |
| 61st | Ireland | 17.90% | -2.7% |
| 62nd | Algeria | 18.10% | -17.0% |
| 63rd | Panama | 18.94% | 0.8% |
| 64th | Cabo Verde | 24.98% | 1.7% |
FAQ
What was Iceland's unemployment rate in 1989?▾
Iceland's unemployment rate in 1989 was 1.66%. This ranked 7th globally.
How did Iceland's unemployment rate change in 1989?▾
Iceland's unemployment rate increased by 160.7% in 1989 compared to 1988.
Which country had the highest unemployment rate in 1989?▾
Cabo Verde had the highest unemployment rate in 1989 at 24.98%.
What is the unemployment rate of Iceland in 1989?▾
The unemployment rate of Iceland in 1989 was 1.66%. This ranked 7th globally.
How does 1989 compare to 1988 for Iceland's unemployment rate?▾
Iceland's unemployment rate went from 0.64% in 1988 to 1.66% in 1989, a 160.7% increase.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1989. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 6.8%. View full analysis →
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