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Iceland Average Unemployment Rate 1980-2025

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

3.29% 46 data points

Unemployment as % of total labor force · World Bank

Iceland's average unemployment rate from 1980 to 2025 was 3.29%, based on 46 data points.

All Data (sorted by year)▾

Year	Value	Change	Rank
2025	3.63%	+0.26pp	61st
2024	3.60%	+0.23pp	62nd
2023	3.52%	−0.07pp	61st
2022	3.79%	−2.05pp	61st
2021	6.03%	−0.24pp	95th
2020	5.48%	+1.58pp	77th
2019	3.51%	+0.37pp	51st
2018	2.70%	−0.60pp	29th
2017	2.74%	−0.70pp	27th
2016	2.98%	−1.61pp	31st
2015	3.98%	−1.53pp	50th
2014	4.90%	−1.20pp	70th
2013	5.38%	−1.47pp	80th
2012	6.00%	−1.95pp	89th
2011	7.03%	−1.29pp	97th
2010	7.56%	−0.44pp	105th
2009	7.22%	+3.90pp	100th
2008	2.95%	+0.45pp	30th
2007	2.25%	−0.95pp	20th
2006	2.83%	−0.05pp	24th
2005	2.55%	−0.87pp	19th
2004	4.03%	+0.51pp	48th
2003	4.00%	+0.48pp	46th
2002	2.99%	+0.20pp	30th
2001	1.87%	−0.76pp	12th
2000	1.94%	−0.55pp	12th
1999	2.18%	−1.14pp	17th
1998	3.07%	−1.14pp	28th
1997	3.72%	−0.43pp	48th
1996	3.60%	−1.65pp	45th
1995	5.20%	−0.58pp	68th
1994	5.33%	−0.44pp	70th
1993	5.26%	+0.59pp	76th
1992	4.31%	+1.38pp	70th
1991	2.55%	−0.05pp	42nd
1990	2.59%	+0.94pp	13th
1989	1.66%	+1.02pp	7th
1988	0.64%	+0.20pp	2nd
1987	0.44%	−0.22pp	2nd
1986	0.66%	−0.25pp	2nd
1985	0.91%	−0.35pp	2nd
1984	1.25%	+0.23pp	3rd
1983	1.02%	+0.35pp	3rd
1982	0.67%	+0.31pp	3rd
1981	0.37%	+0.05pp	3rd
1980	0.31%	–	2nd

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