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Iceland Youth Unemployment

Youth unemployment (ages 15-24)  SL.UEM.1524.ZS

8.67% −0.11pp (-1.2%)
Year 2025 Rank #54 Global Peak 15.86% (2010) Source World Bank

Iceland Youth Unemployment (1991–2025)

Overview

Iceland's youth unemployment stood at 8.67% in 2025, a decline of +0.11pp from 2024. Based on recent trends, this figure is projected to reach 7.45% by 2026. Iceland ranked 54th globally.

Data & projection

Year Youth Unemployment YoY change Rank
2028* trend 6.26% - -
2027* trend 6.85% - -
2026* trend 7.45% - -
2025 8.67% −0.11pp #54
2024 8.78% +0.29pp #56
2023 8.49% +0.07pp #55
2022 8.42% −3.41pp #53
2021 11.83% +1.96pp #74
2020 9.87% +1.42pp #49
2019 8.45% +2.55pp #54
2018 5.90% −1.64pp #29
2017 7.54% +1.23pp #43
2016 6.32% −2.26pp #30
2015 8.58% −0.99pp #51
2014 9.57% −0.85pp #62
2013 10.42% −2.79pp #74
2012 13.20% −0.95pp #81
2011 14.15% −1.71pp #86
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.3% GDP growth 6.2% C/A balance 9.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw youth unemployment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iceland's youth unemployment?

Iceland's youth unemployment was 8.67% in 2025. Ranked 54th globally. This represents a 1.2% decrease from the previous year.

What was the highest youth unemployment in Iceland?

Iceland's youth unemployment peaked at 15.86% in 2010.

What was the lowest youth unemployment in Iceland?

The lowest youth unemployment in Iceland was 4.19% in 1999.

How does Iceland rank in youth unemployment?

Iceland ranks 54th globally in youth unemployment as of 2025.

What is the World Bank indicator code for youth unemployment?

The World Bank indicator code is SL.UEM.1524.ZS. Data sourced from World Bank.

What is the projected youth unemployment of Iceland in 2026?

Iceland's youth unemployment is projected to reach 7.45% by 2026 based on trend extrapolation.

What is the youth unemployment of Iceland in 2025?

The youth unemployment of Iceland in 2025 was 8.67%. This ranks 54th in the world.

Cite this page

APA
Iceland Youth Unemployment. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/iceland/youth-unemployment
BibTeX
@misc{historysaid_iceland_youth-unemployment, title = {Iceland Youth Unemployment}, url = {https://historysaid.com/iceland/youth-unemployment}, publisher = {HistorySaid}, year = {2026} }