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Iceland Unemployment Rate 2020s

Name: Iceland Unemployment Rate 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Unemployment as % of total labor force · World Bank

4.34% decade average (2020-2029)

Iceland's unemployment rate during the 2020s ranged from 3.52% (2023) to 6.03% (2021), averaging 4.34% over 6 years of data.

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2020s Data▾

Year	Value	Change	Rank
2020	5.48%	+1.58pp	77th
2021	6.03%	−0.24pp	95th
2022	3.79%	−2.05pp	61st
2023	3.52%	−0.07pp	61st
2024	3.60%	+0.23pp	62nd
2025	3.63%	+0.26pp	61st