Iceland - Unemployment Rate 2025
3.63%
+0.26pp from 2024
Iceland's unemployment rate was 3.63% in 2025, increased +0.26pp from 3.60% in 2024. This was the 61st highest globally.
Global Ranking - 2025▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Qatar | 0.13% | 0.0% |
| 2nd | Cambodia | 0.26% | 3.5% |
| 3rd | Niger | 0.39% | 4.8% |
| 4th | Thailand | 0.78% | -21.9% |
| 5th | Burundi | 0.92% | 0.8% |
| 6th | Chad | 1.06% | 0.4% |
| 7th | Bahrain | 1.10% | -82.2% |
| 8th | Lao PDR | 1.19% | 1.1% |
| 9th | Solomon Islands | 1.43% | -0.9% |
| 10th | Moldova | 1.51% | -61.9% |
| 11th | Viet Nam | 1.52% | -30.8% |
| 12th | Tanzania | 1.57% | 1.0% |
| 13th | Benin | 1.59% | -2.9% |
| 14th | Timor-Leste | 1.59% | 4.5% |
| 15th | Cuba | 1.75% | -0.5% |
| 16th | Togo | 2.00% | 2.4% |
| 17th | Tonga | 2.01% | 2.2% |
| 18th | Russian Federation | 2.13% | -15.0% |
| 19th | United Arab Emirates | 2.17% | 0.6% |
| 20th | Kuwait | 2.18% | 1.4% |
| 21st | Philippines | 2.24% | -41.3% |
| 22nd | Côte d'Ivoire | 2.32% | 2.2% |
| 23rd | Macao SAR, China | 2.35% | 30.4% |
| 24th | Japan | 2.45% | -4.5% |
| 25th | Papua New Guinea | 2.57% | -2.1% |
| 26th | Guatemala | 2.60% | -0.3% |
| 27th | Guinea-Bissau | 2.67% | 1.0% |
| 28th | Mexico | 2.67% | 0.1% |
| 29th | Korea | 2.68% | -4.2% |
| 30th | Senegal | 2.74% | -1.9% |
| 31st | Uganda | 2.75% | 0.2% |
| 32nd | Hong Kong SAR, China | 2.80% | -6.9% |
| 33rd | Singapore | 2.82% | 44.5% |
| 34th | Czechia | 2.83% | 8.7% |
| 35th | Mali | 2.83% | -3.2% |
| 36th | Liberia | 2.88% | -1.0% |
| 37th | Malta | 2.90% | -7.1% |
| 38th | Bolivia, Plurinational State of | 2.97% | -40.7% |
| 39th | Poland | 2.98% | 3.2% |
| 40th | Ghana | 2.98% | 5.6% |
| 41st | Saudi Arabia | 3.04% | -13.2% |
| 42nd | Madagascar | 3.04% | -0.3% |
| 43rd | Myanmar | 3.05% | 5.5% |
| 44th | Nigeria | 3.06% | 0.6% |
| 45th | Sierra Leone | 3.15% | 1.5% |
| 46th | Slovenia | 3.18% | -13.6% |
| 47th | Bhutan | 3.23% | -1.7% |
| 48th | Indonesia | 3.24% | -34.1% |
| 49th | Oman | 3.25% | 1.5% |
| 50th | Jamaica | 3.29% | -21.3% |
| 51st | El Salvador | 3.30% | -29.8% |
| 52nd | Ecuador | 3.31% | -2.1% |
| 53rd | Trinidad and Tobago | 3.33% | -32.7% |
| 54th | Belarus | 3.38% | 11.3% |
| 55th | Burkina Faso | 3.48% | 1.0% |
| 56th | Israel | 3.49% | 17.0% |
| 57th | Kyrgyz Republic | 3.53% | -11.5% |
| 58th | Bulgaria | 3.54% | -16.5% |
| 59th | Korea, Democratic People’s Republic of | 3.55% | 0.2% |
| 60th | Cameroon | 3.60% | 0.0% |
| 61st | Iceland | 3.63% | 7.7% |
| 62nd | Germany | 3.71% | 9.4% |
| 63rd | Malaysia | 3.76% | 17.6% |
| 64th | Bangladesh | 3.78% | 3.9% |
| 65th | Comoros | 3.82% | 0.1% |
| 66th | Netherlands | 3.87% | 5.9% |
| 67th | Sri Lanka | 4.01% | -15.7% |
| 68th | Australia | 4.09% | 1.8% |
| 69th | United States | 4.20% | 4.1% |
| 70th | India | 4.22% | -14.6% |
| 71st | Turkmenistan | 4.27% | 6.1% |
| 72nd | Congo, Democratic Republic of | 4.43% | 0.3% |
| 73rd | Maldives | 4.51% | 5.5% |
| 74th | Hungary | 4.52% | 1.0% |
| 75th | China | 4.62% | -9.8% |
| 76th | Uzbekistan | 4.62% | -16.6% |
| 77th | Ireland | 4.63% | 7.5% |
| 78th | Norway | 4.64% | 15.5% |
| 79th | United Kingdom | 4.75% | 10.4% |
| 80th | Kazakhstan | 4.77% | 2.6% |
| 81st | Paraguay | 4.80% | -17.3% |
| 82nd | Switzerland | 4.87% | 104.2% |
| 83rd | Honduras | 4.92% | -38.5% |
| 84th | Cyprus | 4.92% | 1.3% |
| 85th | Samoa | 5.00% | 2.9% |
| 86th | Croatia | 5.00% | -6.2% |
| 87th | Nicaragua | 5.04% | 49.9% |
| 88th | Malawi | 5.07% | 0.4% |
| 89th | Vanuatu | 5.07% | 1.7% |
| 90th | New Zealand | 5.08% | 6.3% |
| 91st | Dominican Republic | 5.09% | -1.1% |
| 92nd | Peru | 5.12% | -20.0% |
| 93rd | Guinea | 5.16% | 0.6% |
| 94th | Mongolia | 5.23% | 4.7% |
| 95th | Brunei Darussalam | 5.28% | 1.5% |
| 96th | Fiji | 5.35% | -17.7% |
| 97th | Slovak Republic | 5.36% | -0.1% |
| 98th | Pakistan | 5.42% | -34.3% |
| 99th | Kenya | 5.45% | -0.7% |
| 100th | Azerbaijan | 5.46% | 1.2% |
| 101st | Denmark | 5.53% | 90.7% |
| 102nd | Guam | 5.57% | 6.0% |
| 103rd | Austria | 5.58% | 7.9% |
| 104th | Mauritius | 5.64% | -2.8% |
| 105th | Belgium | 5.91% | 3.6% |
| 106th | Zambia | 5.92% | 0.3% |
| 107th | European Union | 5.93% | 0.1% |
| 108th | Brazil | 5.97% | -13.8% |
| 109th | Eritrea | 5.98% | 0.5% |
| 110th | Puerto Rico (US) | 5.99% | 7.0% |
| 111th | Romania | 5.99% | 10.3% |
| 112th | Portugal | 6.16% | -4.7% |
| 113th | Channel Islands | 6.17% | 2.3% |
| 114th | Central African Republic | 6.25% | 0.0% |
| 115th | Luxembourg | 6.34% | 10.2% |
| 116th | Italy | 6.39% | -2.7% |
| 117th | Gambia, The | 6.52% | 0.6% |
| 118th | Barbados | 6.52% | -17.6% |
| 119th | Latvia | 6.57% | -5.2% |
| 120th | Mozambique | 6.63% | -0.6% |
| 121st | Lithuania | 6.73% | -5.6% |
| 122nd | Egypt, Arab Republic of | 6.78% | -8.1% |
| 123rd | Costa Rica | 6.84% | -0.5% |
| 124th | Canada | 6.91% | 8.3% |
| 125th | Tajikistan | 6.93% | -1.6% |
| 126th | Serbia | 7.12% | -16.9% |
| 127th | Argentina | 7.15% | -0.1% |
| 128th | Uruguay | 7.52% | -8.2% |
| 129th | France | 7.54% | 2.0% |
| 130th | Suriname | 7.83% | -23.9% |
| 131st | Colombia | 8.29% | -18.3% |
| 132nd | Iran, Islamic Republic of | 8.30% | 9.9% |
| 133rd | Estonia | 8.31% | 10.8% |
| 134th | Equatorial Guinea | 8.34% | 0.5% |
| 135th | Panama | 8.36% | -12.2% |
| 136th | Türkiye | 8.52% | -2.1% |
| 137th | Greece | 8.54% | -15.4% |
| 138th | Sweden | 8.69% | 4.1% |
| 139th | Belize | 8.86% | 240.6% |
| 140th | Chile | 8.97% | 6.1% |
| 141st | Morocco | 9.00% | -32.3% |
| 142nd | São Tomé and Principe | 9.13% | 0.8% |
| 143rd | Bahamas, The | 9.21% | -2.4% |
| 144th | Zimbabwe | 9.29% | -1.5% |
| 145th | St. Lucia | 9.45% | -7.3% |
| 146th | Finland | 9.46% | 12.7% |
| 147th | Mauritania | 10.32% | 0.6% |
| 148th | Spain | 10.38% | -8.5% |
| 149th | Nepal | 10.47% | -0.3% |
| 150th | Albania | 10.93% | 24.2% |
| 151st | Bosnia and Herzegovina | 11.04% | -12.4% |
| 152nd | New Caledonia | 11.17% | 1.7% |
| 153rd | Rwanda | 11.36% | 0.3% |
| 154th | Virgin Islands (US) | 11.44% | 0.2% |
| 155th | Algeria | 11.63% | -0.2% |
| 156th | French Polynesia | 11.66% | 0.4% |
| 157th | Cabo Verde | 11.94% | 40.5% |
| 158th | Guyana | 11.96% | 0.7% |
| 159th | Georgia | 12.10% | -13.0% |
| 160th | North Macedonia | 12.26% | -5.8% |
| 161st | Armenia | 12.87% | -7.4% |
| 162nd | Afghanistan | 13.35% | -2.5% |
| 163rd | Syrian Arab Republic | 13.57% | 1.6% |
| 164th | Montenegro | 13.57% | 2.8% |
| 165th | Angola | 14.11% | 0.6% |
| 166th | Haiti | 14.94% | 2.3% |
| 167th | Tunisia | 15.11% | -1.5% |
| 168th | Iraq | 15.49% | 1.3% |
| 169th | Lesotho | 16.32% | -0.2% |
| 170th | Jordan | 16.54% | -0.9% |
| 171st | Yemen, Republic of | 17.32% | 2.1% |
| 172nd | St. Vincent and the Grenadines | 18.00% | -0.5% |
| 173rd | Libya | 18.76% | -1.7% |
| 174th | Somalia, Fed. Rep. | 18.95% | 0.0% |
| 175th | Namibia | 19.29% | 0.7% |
| 176th | Congo, Republic of | 19.88% | -0.1% |
| 177th | Gabon | 20.15% | 0.3% |
| 178th | Botswana | 24.48% | 2.8% |
| 179th | Djibouti | 26.02% | 0.0% |
| 180th | South Africa | 32.39% | -0.6% |
| 181st | Eswatini | 34.20% | -1.3% |
FAQ
What was Iceland's unemployment rate in 2025?▾
Iceland's unemployment rate in 2025 was 3.63%. This ranked 61st globally.
How did Iceland's unemployment rate change in 2025?▾
Iceland's unemployment rate increased by 7.7% in 2025 compared to 2024.
Which country had the highest unemployment rate in 2025?▾
Eswatini had the highest unemployment rate in 2025 at 34.20%.
What is the unemployment rate of Iceland in 2025?▾
The unemployment rate of Iceland in 2025 was 3.63%. This ranked 61st globally.
How does 2025 compare to 2024 for Iceland's unemployment rate?▾
Iceland's unemployment rate went from 3.60% in 2024 to 3.63% in 2025, a 7.7% increase.
Related
2024
All years
Full ranking 2025
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
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NATO Unemployment Rate
OECD Unemployment Rate
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