100 REPORTING ECONOMIES · NORTH AMERICA / EUROPE / ASIAOfficial sources. Open methods. Trace every number.
Iceland · Annual SERIES

Unemployment in Iceland

Share of the labor force without work who are available for and seeking employment, from the ILO modeled estimates series.

3.63%% of the labor force (modeled ILO estimate)
2025Observation year

+0.02 pp from 2024

Iceland
Unemployment in Iceland, 2000–2025% of the labor force (modeled ILO estimate). Underlying figures are available in the data table.1.12.94.76.58.3200020052010201520202025

% of the labor force (modeled ILO estimate) · World Bank · Missing observations remain gaps.

Underlying data

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Unemployment · Iceland · % of the labor force (modeled ILO estimate)
YearValueStatus & source note
20253.625present
20243.6present
20233.518present
20223.789present
20216.029present
20205.478present
20193.507present
20182.704present
20172.742present
20162.978present
20153.979present
20144.897present
20135.376present
20126present
20117.028present
20107.564present
20097.22present
20082.946present
20072.251present
20062.83present
20052.547present
20044.031present
20033.997present
20022.988present
20011.874present
20001.936present

Definition & method

ILO modeled estimates combine nationally reported observations with modeled values and projections to provide consistent series coverage. The labor force includes employed and unemployed people.

Share of the labor force without work who are available for and seeking employment, from the ILO modeled estimates series.

What to keep in mind

  • This is the modeled ILO series, not the national headline unemployment release.
  • People outside the labor force are excluded from the denominator.
  • WDI does not identify every imputed observation in this response. Cross-country ranking and comparison are disabled because ILO warns against comparing imputed observations.
  • Differences between rates are measured in percentage points.
Read the metric definition