Home → Iceland → Unemployment Rate → 1990

Iceland - Unemployment Rate 1990

Unemployment as % of total labor force · World Bank
2.59% +0.94pp from 1989 Global rank: 13th

Iceland's unemployment rate was 2.59% in 1990, increased +0.94pp from 1.66% in 1989. This was the 13th highest globally.

Global Ranking - 1990▾
Unemployment Rate by Country - 1990
RankCountryValueYoY
1st Switzerland 0.50% -11.2%
2nd Luxembourg 1.26% -10.4%
3rd Aruba 1.30% -13.3%
4th Hong Kong SAR, China 1.33% 23.4%
5th Singapore 1.78% 0.0%
6th Cyprus 1.80% -21.7%
7th Hungary 2.08% 292.1%
8th Japan 2.10% -6.7%
9th Thailand 2.20% -
10th Sweden 2.24% 10.7%
11th Korea 2.46% -4.8%
12th Indonesia 2.59% -9.4%
13th Iceland 2.59% 56.5%
14th Austria 2.72% 16.0%
15th Mexico 2.74% -6.3%
16th Mauritius 2.82% -21.6%
17th Bulgaria 2.90% 11,500.0%
18th Pakistan 3.13% -0.4%
19th Finland 3.20% 3.0%
20th Romania 3.40% 0.0%
21st Portugal 4.23% -16.5%
22nd Honduras 4.27% -36.0%
23rd Costa Rica 4.64% 23.0%
24th Malta 4.80% 3.5%
25th Malaysia 5.06% -24.7%
26th Netherlands 5.11% -9.9%
27th Norway 5.23% 6.5%
28th United States 5.62% 6.8%
29th Ecuador 6.10% -22.8%
30th Germany 6.16% -9.4%
31st Poland 6.30% -
32nd Belgium 6.56% -11.0%
33rd Paraguay 6.60% 8.2%
34th Colombia 6.64% -2.3%
35th Australia 6.94% 13.2%
36th Greece 7.00% -6.7%
37th United Kingdom 7.10% -1.7%
38th Denmark 7.17% 5.0%
39th Argentina 7.60% -5.0%
40th Chile 7.75% -2.9%
41st New Zealand 7.98% 8.9%
42nd Türkiye 8.00% -6.7%
43rd Egypt, Arab Republic of 8.04% -
44th Canada 8.15% 8.6%
45th Fiji 8.17% 4.9%
46th Peru 8.30% 5.1%
47th France 8.40% -3.4%
48th Philippines 8.40% -8.0%
49th Albania 8.46% 25.8%
50th Uruguay 8.50% 6.3%
51st Italy 8.86% -8.4%
52nd Israel 9.57% 7.7%
53rd El Salvador 10.00% 10.2%
54th Bahamas, The 12.00% 2.6%
55th Viet Nam 12.33% -
56th Iran, Islamic Republic of 14.20% -
57th Puerto Rico (US) 14.40% -1.4%
58th Barbados 14.95% -2.0%
59th Belize 15.00% -
60th Nicaragua 15.50% 3.3%
61st Jamaica 15.70% 3.3%
62nd São Tomé and Principe 15.88% 5.2%
63rd Sri Lanka 15.90% -
64th Tunisia 16.20% -
65th Spain 16.24% -5.8%
66th Sudan 16.61% -3.6%
67th Panama 16.72% -11.7%
68th Jordan 16.80% 63.4%
69th Ireland 17.20% -3.9%
70th South Africa 18.78% 5.4%
71st Algeria 19.76% 9.2%
72nd Cabo Verde 25.40% 1.7%
Source: World Bank (SL.UEM.TOTL.ZS)

FAQ

What was Iceland's unemployment rate in 1990?▾

Iceland's unemployment rate in 1990 was 2.59%. This ranked 13th globally.

How did Iceland's unemployment rate change in 1990?▾

Iceland's unemployment rate increased by 56.5% in 1990 compared to 1989.

Which country had the highest unemployment rate in 1990?▾

Cabo Verde had the highest unemployment rate in 1990 at 25.40%.

What is the unemployment rate of Iceland in 1990?▾

The unemployment rate of Iceland in 1990 was 2.59%. This ranked 13th globally.

How does 1990 compare to 1989 for Iceland's unemployment rate?▾

Iceland's unemployment rate went from 1.66% in 1989 to 2.59% in 1990, a 56.5% increase.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1990. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 3.9%. View full analysis →

← 1989
View all years
1991 →
Related
1989 1991 All years Full ranking 1990 Youth Unemployment Labor Force Participation Female Labor Participation Agriculture Employment Industry Employment Peak: 2010 Lowest: 1980 Unemployment Rate 1990s Unemployment Rate 2000s Unemployment Rate 2010s Unemployment Rate 2020s Highest ever Lowest ever Average vs Cayman Islands vs Singapore vs Norway vs United States NATO Unemployment Rate OECD Unemployment Rate Global Ranking