Iceland - Unemployment Rate 2022
3.79%
−2.05pp from 2021
Iceland's unemployment rate was 3.79% in 2022, decreased +2.05pp from 6.03% in 2021. This was the 61st highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Qatar | 0.13% | -7.1% |
| 2nd | Cambodia | 0.25% | -38.1% |
| 3rd | Niger | 0.40% | -50.0% |
| 4th | Burundi | 0.91% | -18.7% |
| 5th | Moldova | 0.91% | -72.0% |
| 6th | Thailand | 0.94% | -50.5% |
| 7th | Chad | 1.08% | -29.3% |
| 8th | Lao PDR | 1.21% | -41.9% |
| 9th | Bahrain | 1.27% | -78.6% |
| 10th | Solomon Islands | 1.48% | 67.8% |
| 11th | Timor-Leste | 1.54% | -34.4% |
| 12th | Viet Nam | 1.57% | -50.9% |
| 13th | Tanzania | 1.57% | -16.2% |
| 14th | Benin | 1.69% | -8.1% |
| 15th | Cuba | 1.83% | -13.3% |
| 16th | Togo | 1.97% | -16.2% |
| 17th | Tonga | 2.00% | -5.2% |
| 18th | Andorra | 2.10% | -35.9% |
| 19th | Kuwait | 2.13% | -28.2% |
| 20th | Czechia | 2.22% | -18.8% |
| 21st | Côte d'Ivoire | 2.31% | -11.9% |
| 22nd | Mali | 2.39% | -40.4% |
| 23rd | Macao SAR, China | 2.45% | -17.1% |
| 24th | Liechtenstein | 2.49% | -14.2% |
| 25th | Philippines | 2.60% | -66.6% |
| 26th | Japan | 2.61% | -7.2% |
| 27th | Guinea-Bissau | 2.67% | -11.6% |
| 28th | Papua New Guinea | 2.69% | -11.3% |
| 29th | Poland | 2.81% | -16.7% |
| 30th | Senegal | 2.84% | -17.4% |
| 31st | Korea | 2.86% | -22.3% |
| 32nd | Ghana | 2.87% | -10.3% |
| 33rd | United Arab Emirates | 2.87% | -7.5% |
| 34th | Uganda | 2.89% | -15.5% |
| 35th | Liberia | 2.96% | -23.1% |
| 36th | El Salvador | 3.00% | -52.6% |
| 37th | Seychelles | 3.00% | 0.0% |
| 38th | Guatemala | 3.05% | 40.3% |
| 39th | Myanmar | 3.06% | -29.4% |
| 40th | Germany | 3.14% | -12.9% |
| 41st | Sierra Leone | 3.14% | -11.7% |
| 42nd | Madagascar | 3.19% | -8.9% |
| 43rd | Norway | 3.23% | -26.7% |
| 44th | Mexico | 3.26% | -21.3% |
| 45th | New Zealand | 3.30% | -12.6% |
| 46th | Oman | 3.30% | 73.7% |
| 47th | Korea, Democratic People’s Republic of | 3.46% | -6.4% |
| 48th | Indonesia | 3.46% | -46.7% |
| 49th | Malta | 3.47% | -7.9% |
| 50th | Netherlands | 3.53% | -16.6% |
| 51st | Bolivia, Plurinational State of | 3.55% | -48.8% |
| 52nd | Belarus | 3.57% | -8.2% |
| 53rd | Hungary | 3.58% | -11.5% |
| 54th | Singapore | 3.59% | 35.5% |
| 55th | Cameroon | 3.65% | -8.3% |
| 56th | United States | 3.65% | -31.9% |
| 57th | Israel | 3.70% | -25.6% |
| 58th | Ecuador | 3.71% | -20.7% |
| 59th | Australia | 3.73% | -27.1% |
| 60th | United Kingdom | 3.77% | -17.2% |
| 61st | Iceland | 3.79% | -35.1% |
| 62nd | Nigeria | 3.83% | -29.2% |
| 63rd | Burkina Faso | 3.83% | -15.1% |
| 64th | Russian Federation | 3.87% | -20.0% |
| 65th | Comoros | 3.88% | -11.7% |
| 66th | Malaysia | 3.93% | -14.6% |
| 67th | Slovenia | 4.01% | -15.1% |
| 68th | Turkmenistan | 4.02% | -9.9% |
| 69th | Jamaica | 4.08% | -51.2% |
| 70th | Switzerland | 4.12% | 37.7% |
| 71st | Bulgaria | 4.15% | -21.0% |
| 72nd | Peru | 4.29% | -60.0% |
| 73rd | Aruba | 4.30% | -51.1% |
| 74th | Maldives | 4.30% | -14.2% |
| 75th | Hong Kong SAR, China | 4.32% | -20.2% |
| 76th | Trinidad and Tobago | 4.38% | -18.2% |
| 77th | Denmark | 4.43% | 23.4% |
| 78th | Uzbekistan | 4.46% | -53.7% |
| 79th | Ireland | 4.47% | -28.6% |
| 80th | Sri Lanka | 4.53% | -11.2% |
| 81st | Congo, Democratic Republic of | 4.54% | -14.2% |
| 82nd | Luxembourg | 4.59% | -20.1% |
| 83rd | Bangladesh | 4.59% | -15.8% |
| 84th | Kyrgyz Republic | 4.77% | -12.7% |
| 85th | India | 4.82% | -34.5% |
| 86th | Kazakhstan | 4.86% | -0.8% |
| 87th | Nicaragua | 4.97% | 35.3% |
| 88th | China | 4.98% | -2.7% |
| 89th | Austria | 4.99% | -19.2% |
| 90th | Malawi | 5.02% | -11.2% |
| 91st | Samoa | 5.05% | -24.2% |
| 92nd | Vanuatu | 5.08% | 6.3% |
| 93rd | San Marino | 5.14% | -20.2% |
| 94th | Guinea | 5.17% | -11.0% |
| 95th | Brunei Darussalam | 5.19% | -28.9% |
| 96th | Canada | 5.28% | -29.5% |
| 97th | Pakistan | 5.29% | -16.0% |
| 98th | Guam | 5.38% | -10.3% |
| 99th | Fiji | 5.40% | -40.0% |
| 100th | Dominican Republic | 5.50% | -25.5% |
| 101st | Kenya | 5.57% | -2.2% |
| 102nd | Belgium | 5.57% | -11.2% |
| 103rd | Estonia | 5.57% | -9.8% |
| 104th | Saudi Arabia | 5.59% | -8.8% |
| 105th | Romania | 5.61% | 0.1% |
| 106th | Azerbaijan | 5.65% | -6.4% |
| 107th | Channel Islands | 5.92% | -10.8% |
| 108th | Bhutan | 5.95% | 23.9% |
| 109th | Mongolia | 5.95% | -28.3% |
| 110th | Lithuania | 5.96% | -16.3% |
| 111th | Zambia | 5.99% | 15.3% |
| 112th | Puerto Rico (US) | 6.00% | -25.0% |
| 113th | Eritrea | 6.03% | -7.0% |
| 114th | Gambia, The | 6.07% | -2.3% |
| 115th | Portugal | 6.14% | -8.7% |
| 116th | Slovak Republic | 6.14% | -9.9% |
| 117th | European Union | 6.16% | -12.3% |
| 118th | Central African Republic | 6.29% | -6.2% |
| 119th | Mauritius | 6.32% | -30.5% |
| 120th | Egypt, Arab Republic of | 6.55% | -10.2% |
| 121st | Finland | 6.72% | -11.7% |
| 122nd | Paraguay | 6.76% | -10.1% |
| 123rd | Mozambique | 6.79% | 25.4% |
| 124th | Argentina | 6.81% | -22.2% |
| 125th | Cyprus | 6.81% | -4.8% |
| 126th | Croatia | 6.81% | -15.8% |
| 127th | Latvia | 6.82% | -9.8% |
| 128th | Tajikistan | 7.05% | -8.3% |
| 129th | Barbados | 7.26% | -48.5% |
| 130th | France | 7.30% | -7.2% |
| 131st | Sweden | 7.42% | -16.6% |
| 132nd | Sudan | 7.53% | -73.4% |
| 133rd | Uruguay | 7.88% | -16.0% |
| 134th | Suriname | 7.97% | -28.8% |
| 135th | Italy | 8.07% | -15.3% |
| 136th | Panama | 8.09% | -28.4% |
| 137th | Chile | 8.25% | -6.9% |
| 138th | Equatorial Guinea | 8.33% | -5.5% |
| 139th | Serbia | 8.44% | -24.0% |
| 140th | Belize | 8.68% | -15.3% |
| 141st | Honduras | 8.77% | 2.4% |
| 142nd | São Tomé and Principe | 8.96% | -6.3% |
| 143rd | Iran, Islamic Republic of | 9.09% | -1.0% |
| 144th | Brazil | 9.23% | -30.2% |
| 145th | Bahamas, The | 9.25% | -46.8% |
| 146th | Morocco | 9.41% | -23.5% |
| 147th | Zimbabwe | 10.09% | 5.7% |
| 148th | Türkiye | 10.47% | -12.8% |
| 149th | Mauritania | 10.52% | -5.5% |
| 150th | Colombia | 10.54% | -23.6% |
| 151st | Nepal | 10.66% | -12.9% |
| 152nd | New Caledonia | 10.71% | -7.5% |
| 153rd | Albania | 10.79% | -6.2% |
| 154th | Lebanon | 11.11% | -12.3% |
| 155th | Costa Rica | 11.33% | -17.2% |
| 156th | Georgia | 11.62% | -43.6% |
| 157th | French Polynesia | 11.79% | -6.1% |
| 158th | Guyana | 11.91% | -18.3% |
| 159th | Virgin Islands (US) | 12.09% | -10.5% |
| 160th | Cabo Verde | 12.24% | 44.0% |
| 161st | Algeria | 12.38% | -9.3% |
| 162nd | Greece | 12.43% | -15.9% |
| 163rd | South Sudan | 12.48% | -10.6% |
| 164th | Bosnia and Herzegovina | 12.66% | -27.1% |
| 165th | Spain | 13.03% | -12.6% |
| 166th | Syrian Arab Republic | 13.25% | -11.0% |
| 167th | Armenia | 13.45% | -13.2% |
| 168th | Afghanistan | 14.10% | 17.4% |
| 169th | Angola | 14.12% | -10.6% |
| 170th | North Macedonia | 14.48% | -6.2% |
| 171st | Haiti | 14.54% | -4.9% |
| 172nd | Montenegro | 14.85% | -10.2% |
| 173rd | Rwanda | 15.08% | -4.4% |
| 174th | Tunisia | 15.30% | -5.6% |
| 175th | Iraq | 15.41% | -4.7% |
| 176th | St. Lucia | 15.93% | -22.3% |
| 177th | Lesotho | 16.62% | -8.7% |
| 178th | Yemen, Republic of | 17.22% | -5.9% |
| 179th | Jordan | 18.20% | -24.4% |
| 180th | Somalia, Fed. Rep. | 19.11% | -2.8% |
| 181st | Libya | 19.24% | -2.7% |
| 182nd | St. Vincent and the Grenadines | 19.28% | -5.3% |
| 183rd | Namibia | 19.62% | -6.3% |
| 184th | Congo, Republic of | 20.13% | -8.5% |
| 185th | Gabon | 20.32% | -4.3% |
| 186th | Botswana | 23.62% | 2.2% |
| 187th | West Bank and Gaza | 24.42% | -7.5% |
| 188th | Ukraine | 24.53% | 149.4% |
| 189th | Djibouti | 26.27% | -4.9% |
| 190th | South Africa | 33.27% | -3.0% |
| 191st | Eswatini | 36.47% | 6.8% |
FAQ
What was Iceland's unemployment rate in 2022?▾
Iceland's unemployment rate in 2022 was 3.79%. This ranked 61st globally.
How did Iceland's unemployment rate change in 2022?▾
Iceland's unemployment rate decreased by 35.1% in 2022 compared to 2021.
Which country had the highest unemployment rate in 2022?▾
Eswatini had the highest unemployment rate in 2022 at 36.47%.
What is the unemployment rate of Iceland in 2022?▾
The unemployment rate of Iceland in 2022 was 3.79%. This ranked 61st globally.
How does 2022 compare to 2021 for Iceland's unemployment rate?▾
Iceland's unemployment rate went from 6.03% in 2021 to 3.79% in 2022, a 35.1% decrease.
Related
2021
2023
All years
Full ranking 2022
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