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Iceland: Unemployment (% of labour force, ILO estimate), 1991–2025

Value in 20253.6
Change since 2015-8.9%4.0 (2015)
World rank121 / 1822025
Rank in region40 / 48Europe & Central Asia
World4.8World Bank aggregate

Trend and comparison

Iceland Unemployment (% of labour force, ILO estimate)1.8746.53711.219911996200120062011201620212025
IcelandWorld median (countries)Europe & Central Asia median

Neighbours in the 2025 ranking

Values and rank by year

YearUnemployment (% of labour force, ILO estimate)vs prior yearWorld rank
20253.6+0.7%121 / 182
20243.6+2.3%123 / 182
20233.5-7.2%126 / 184
20223.8-37.2%128 / 186
20216.0+10.1%95 / 187
20205.5+56.2%113 / 187
20193.5+29.7%139 / 187
20182.7-1.4%161 / 187
20172.7-7.9%162 / 187
20163.0-25.2%157 / 187
20154.0-18.7%140 / 187
20144.9-8.9%119 / 187
20135.4-10.4%109 / 187
20126.0-14.6%101 / 187
20117.0-7.1%93 / 187
20107.6+4.8%85 / 187
20097.2+145.1%89 / 187
20082.9+30.9%159 / 187
20072.3-20.5%169 / 187
20062.8+11.1%164 / 187
20052.5-36.8%168 / 187
20044.0+0.9%142 / 187
20034.0+33.8%143 / 187
20023.0+59.4%159 / 187
20011.9-3.2%176 / 187
20001.9-11.1%176 / 187
19992.2-29.0%171 / 187
19983.1-17.5%160 / 187
19973.7+3.3%139 / 187
19963.6-30.7%142 / 187
19955.2-2.4%119 / 187
19945.3+1.3%117 / 187
19935.3+22.1%111 / 187
19924.3+69.0%117 / 187
19912.5–146 / 187

Compare Iceland with Japan →

For each indicator and economy the most recent non-empty year is used, so years can differ between countries. Ranks compare only economies that have data. Aggregates (regions, income groups) are excluded from rankings; the world value is shown for reference. Values are as published by the World Bank and are revised several times a year.