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Iceland Lowest Unemployment Rate

0.31% in 1980
Unemployment as % of total labor force · World Bank

The lowest unemployment rate in Iceland was 0.31% in 1980. The top 5 years were: 1980 (0.31%), 1981 (0.37%), 1987 (0.44%), 1988 (0.64%), 1986 (0.66%).

Top 5 Lowest Years
Iceland Top 5 Lowest Unemployment Rate Years
RankYearValue
1st 1980 0.31%
2nd 1981 0.37%
3rd 1987 0.44%
4th 1988 0.64%
5th 1986 0.66%
All Data (sorted by value)
YearValueChangeRank
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
2007 2.25% −0.95pp 20th
2005 2.55% −0.87pp 19th
2001 1.87% −0.76pp 12th
2000 1.94% −0.55pp 12th
1999 2.18% −1.14pp 17th
1991 2.55% −0.05pp 42nd
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