Iceland - Unemployment Rate 2008
2.95%
+0.45pp from 2007
Iceland's unemployment rate was 2.95% in 2008, increased +0.45pp from 2.25% in 2007. This was the 30th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Qatar | 0.31% | -40.4% |
| 2nd | Pakistan | 0.42% | -91.9% |
| 3rd | Myanmar | 0.70% | 2.3% |
| 4th | Cambodia | 0.83% | -34.4% |
| 5th | Benin | 0.90% | -0.8% |
| 6th | Chad | 0.92% | 9.9% |
| 7th | Lao PDR | 0.94% | -11.6% |
| 8th | Bahrain | 1.02% | -81.9% |
| 9th | Thailand | 1.18% | -15.7% |
| 10th | Tonga | 1.28% | 5.7% |
| 11th | Mali | 1.38% | 0.8% |
| 12th | Cuba | 1.58% | -11.5% |
| 13th | Niger | 1.58% | -21.6% |
| 14th | Burundi | 1.63% | -32.0% |
| 15th | Seychelles | 1.72% | -7.9% |
| 16th | Kuwait | 1.75% | 16.7% |
| 17th | Viet Nam | 1.89% | -59.3% |
| 18th | Solomon Islands | 2.00% | 1.0% |
| 19th | Moldova | 2.10% | -58.9% |
| 20th | Papua New Guinea | 2.17% | 0.0% |
| 21st | Liberia | 2.22% | -0.5% |
| 22nd | Norway | 2.52% | -0.7% |
| 23rd | Bolivia, Plurinational State of | 2.60% | -66.1% |
| 24th | Liechtenstein | 2.61% | -19.1% |
| 25th | Kenya | 2.75% | 4.1% |
| 26th | Tanzania | 2.78% | -8.2% |
| 27th | Senegal | 2.82% | 0.6% |
| 28th | United Arab Emirates | 2.82% | -4.0% |
| 29th | Guatemala | 2.90% | 1.8% |
| 30th | Iceland | 2.95% | 18.2% |
| 31st | Korea | 2.96% | -9.2% |
| 32nd | Macao SAR, China | 3.00% | -1.7% |
| 33rd | Uganda | 3.04% | 13.8% |
| 34th | Mozambique | 3.11% | 1.0% |
| 35th | San Marino | 3.11% | 3.1% |
| 36th | Honduras | 3.16% | -1.7% |
| 37th | Guinea-Bissau | 3.16% | 1.0% |
| 38th | Kyrgyz Republic | 3.21% | -60.7% |
| 39th | Togo | 3.28% | -14.2% |
| 40th | Malaysia | 3.34% | 3.6% |
| 41st | Switzerland | 3.35% | 21.1% |
| 42nd | Cameroon | 3.39% | 10.5% |
| 43rd | Madagascar | 3.43% | 7.2% |
| 44th | Timor-Leste | 3.43% | -2.5% |
| 45th | Korea, Democratic People’s Republic of | 3.48% | -1.9% |
| 46th | Burkina Faso | 3.50% | 6.1% |
| 47th | Hong Kong SAR, China | 3.56% | -13.5% |
| 48th | Congo, Democratic Republic of | 3.63% | 6.6% |
| 49th | Netherlands | 3.66% | -30.9% |
| 50th | Denmark | 3.68% | 1.8% |
| 51st | Philippines | 3.72% | -49.2% |
| 52nd | Cyprus | 3.76% | -4.3% |
| 53rd | Nigeria | 3.79% | -0.1% |
| 54th | Bhutan | 3.85% | 4.0% |
| 55th | Mexico | 3.87% | 6.0% |
| 56th | Ecuador | 3.92% | -43.4% |
| 57th | Singapore | 3.96% | 86.4% |
| 58th | Japan | 4.00% | 4.4% |
| 59th | Peru | 4.03% | -52.0% |
| 60th | Sierra Leone | 4.13% | 2.7% |
| 61st | Oman | 4.14% | -3.9% |
| 62nd | New Zealand | 4.17% | 15.0% |
| 63rd | Fiji | 4.19% | -51.3% |
| 64th | Austria | 4.20% | -19.1% |
| 65th | Australia | 4.24% | -3.0% |
| 66th | Slovenia | 4.37% | -10.3% |
| 67th | Czechia | 4.39% | -17.2% |
| 68th | Paraguay | 4.42% | -6.3% |
| 69th | Comoros | 4.42% | -1.3% |
| 70th | Bangladesh | 4.49% | 11.8% |
| 71st | China | 4.59% | 5.5% |
| 72nd | Trinidad and Tobago | 4.63% | -16.6% |
| 73rd | Dominican Republic | 4.76% | -26.2% |
| 74th | Malawi | 4.80% | -1.6% |
| 75th | Guinea | 4.80% | 0.3% |
| 76th | Turkmenistan | 4.85% | -15.2% |
| 77th | Uzbekistan | 4.89% | -2.0% |
| 78th | Costa Rica | 4.93% | 7.3% |
| 79th | Tajikistan | 4.94% | 97.7% |
| 80th | Luxembourg | 5.06% | 21.0% |
| 81st | Saudi Arabia | 5.09% | -9.9% |
| 82nd | Ghana | 5.14% | 0.8% |
| 83rd | Sri Lanka | 5.22% | -15.8% |
| 84th | Channel Islands | 5.30% | 1.2% |
| 85th | Zimbabwe | 5.40% | 7.8% |
| 86th | Estonia | 5.46% | 18.8% |
| 87th | Central African Republic | 5.51% | -0.9% |
| 88th | Samoa | 5.54% | 2.1% |
| 89th | Mongolia | 5.57% | -50.8% |
| 90th | Bulgaria | 5.61% | -19.1% |
| 91st | Panama | 5.64% | -11.5% |
| 92nd | Vanuatu | 5.66% | -17.4% |
| 93rd | Eritrea | 5.68% | -0.6% |
| 94th | United Kingdom | 5.75% | 7.4% |
| 95th | United States | 5.78% | 25.3% |
| 96th | Romania | 5.79% | -8.8% |
| 97th | Lithuania | 5.83% | 37.1% |
| 98th | Azerbaijan | 5.86% | -7.4% |
| 99th | El Salvador | 5.88% | -8.8% |
| 100th | Malta | 5.98% | -7.6% |
| 101st | Nicaragua | 6.20% | 4.5% |
| 102nd | Russian Federation | 6.21% | 3.0% |
| 103rd | Sweden | 6.24% | -0.1% |
| 104th | Canada | 6.28% | 2.0% |
| 105th | Brunei Darussalam | 6.31% | 2.0% |
| 106th | Ukraine | 6.36% | 0.2% |
| 107th | Finland | 6.37% | -8.4% |
| 108th | Côte d'Ivoire | 6.38% | 1.6% |
| 109th | Kazakhstan | 6.63% | -8.9% |
| 110th | Jamaica | 6.67% | -32.3% |
| 111th | Italy | 6.72% | 8.4% |
| 112th | Belarus | 6.73% | 12.8% |
| 113th | Ireland | 6.77% | 35.3% |
| 114th | Aruba | 6.90% | 20.9% |
| 115th | Belgium | 6.98% | -6.9% |
| 116th | Poland | 7.07% | -28.9% |
| 117th | Mauritius | 7.17% | -15.9% |
| 118th | Indonesia | 7.21% | -20.9% |
| 119th | European Union | 7.24% | -3.5% |
| 120th | France | 7.39% | -7.9% |
| 121st | Germany | 7.51% | -12.1% |
| 122nd | Portugal | 7.55% | -13.4% |
| 123rd | Equatorial Guinea | 7.57% | -0.3% |
| 124th | India | 7.63% | 0.9% |
| 125th | Greece | 7.66% | -8.8% |
| 126th | Lebanon | 7.67% | -14.6% |
| 127th | Israel | 7.70% | -15.8% |
| 128th | Latvia | 7.74% | 27.4% |
| 129th | Hungary | 7.82% | 11.7% |
| 130th | Argentina | 7.84% | -7.5% |
| 131st | Afghanistan | 7.88% | 0.5% |
| 132nd | Zambia | 7.93% | -24.9% |
| 133rd | Uruguay | 8.03% | -14.6% |
| 134th | Barbados | 8.12% | 9.4% |
| 135th | Bahamas, The | 8.18% | 4.2% |
| 136th | Belize | 8.18% | -20.6% |
| 137th | Brazil | 8.27% | -10.9% |
| 138th | Iraq | 8.47% | -2.1% |
| 139th | Egypt, Arab Republic of | 8.52% | -7.5% |
| 140th | Croatia | 8.53% | -42.1% |
| 141st | Suriname | 8.85% | -17.1% |
| 142nd | Guam | 8.89% | 7.1% |
| 143rd | Chile | 9.29% | 32.5% |
| 144th | Slovak Republic | 9.51% | -15.2% |
| 145th | Morocco | 9.57% | -2.3% |
| 146th | Virgin Islands (US) | 9.61% | 0.9% |
| 147th | Mauritania | 9.72% | 2.5% |
| 148th | Gambia, The | 10.07% | -3.5% |
| 149th | Maldives | 10.36% | 10.0% |
| 150th | Nepal | 10.60% | -0.4% |
| 151st | Iran, Islamic Republic of | 10.63% | 1.2% |
| 152nd | Syrian Arab Republic | 10.94% | 30.1% |
| 153rd | Türkiye | 10.97% | 23.2% |
| 154th | Guyana | 11.02% | 1.6% |
| 155th | Spain | 11.25% | 36.7% |
| 156th | Colombia | 11.27% | 0.7% |
| 157th | Algeria | 11.33% | -17.9% |
| 158th | Puerto Rico (US) | 11.48% | 3.4% |
| 159th | Rwanda | 11.52% | -0.5% |
| 160th | French Polynesia | 11.76% | 0.2% |
| 161st | South Sudan | 12.30% | 0.3% |
| 162nd | Tunisia | 12.44% | 0.4% |
| 163rd | Yemen, Republic of | 12.66% | 1.4% |
| 164th | Jordan | 12.70% | 0.0% |
| 165th | St. Lucia | 12.72% | -9.1% |
| 166th | Albania | 13.06% | -2.5% |
| 167th | Cabo Verde | 13.31% | -12.5% |
| 168th | Serbia | 13.67% | -27.3% |
| 169th | New Caledonia | 14.36% | -2.7% |
| 170th | São Tomé and Principe | 15.42% | -2.7% |
| 171st | Sudan | 15.57% | -7.2% |
| 172nd | Lesotho | 15.85% | -0.6% |
| 173rd | Angola | 16.15% | 0.5% |
| 174th | Haiti | 16.20% | -3.5% |
| 175th | Botswana | 16.29% | -4.0% |
| 176th | Armenia | 17.10% | -40.4% |
| 177th | Montenegro | 17.15% | -11.6% |
| 178th | Georgia | 17.87% | 2.7% |
| 179th | Somalia, Fed. Rep. | 18.71% | 0.1% |
| 180th | St. Vincent and the Grenadines | 18.79% | -0.8% |
| 181st | Libya | 19.04% | 1.4% |
| 182nd | Gabon | 19.21% | 5.2% |
| 183rd | Congo, Republic of | 19.96% | 0.3% |
| 184th | Namibia | 22.01% | -0.5% |
| 185th | South Africa | 22.41% | -2.6% |
| 186th | West Bank and Gaza | 22.91% | 5.6% |
| 187th | Bosnia and Herzegovina | 23.41% | -19.3% |
| 188th | Djibouti | 26.18% | -0.4% |
| 189th | Eswatini | 27.89% | -1.2% |
| 190th | North Macedonia | 33.93% | -2.8% |
FAQ
What was Iceland's unemployment rate in 2008?▾
Iceland's unemployment rate in 2008 was 2.95%. This ranked 30th globally.
How did Iceland's unemployment rate change in 2008?▾
Iceland's unemployment rate increased by 18.2% in 2008 compared to 2007.
Which country had the highest unemployment rate in 2008?▾
North Macedonia had the highest unemployment rate in 2008 at 33.93%.
What is the unemployment rate of Iceland in 2008?▾
The unemployment rate of Iceland in 2008 was 2.95%. This ranked 30th globally.
How does 2008 compare to 2007 for Iceland's unemployment rate?▾
Iceland's unemployment rate went from 2.25% in 2007 to 2.95% in 2008, a 18.2% increase.
Related
2007
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Full ranking 2008
Youth Unemployment
Labor Force Participation
Female Labor Participation
Agriculture Employment
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Peak: 2010
Lowest: 1980
Unemployment Rate 1990s
Unemployment Rate 2000s
Unemployment Rate 2010s
Unemployment Rate 2020s
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