Unemployment Rate and Employment Data in Iceland
Iceland Unemployment Data
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 3.3 % | Aug/23 |
| Youth Unemployment Rate | 4.4 % | Aug/23 |
| Employed Persons | 223300 Person | 0.223 Million Person | Aug/23 |
| Employment Rate | 78.7 % | Aug/23 |
| Full Time Employment | 168 Thousand Person | 2Q/23 |
| Part Time Employment | 42.1 Thousand Persons | 2Q/23 |
| Unemployed Persons | 7600 Persons | 0.008 Million Persons | Aug/23 |
Latest data on Unemployment Rate (%)
What is Unemployment Rate in Iceland?
- Unemployment Rate in Iceland decreased to 3.3 % in August 2023. The maximum rate was 9.8 % and minimum was 0.1 %.
- Data published Monthly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 3.3 | Aug/23 | 27.09.2023 |
| 3.3 | Jul/23 | 23.08.2023 |
| 2.5 | Jun/23 | 09.08.2023 |
| 3.4 | May/23 | 21.06.2023 |
| 2.3 | Apr/23 | 24.05.2023 |
| 3.1 | Mar/23 | 26.04.2023 |
| 5 | Feb/23 | 22.03.2023 |
| 3.1 | Jan/23 | 22.02.2023 |
Historical Chart by presidents (%)
Unemployment Rate in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | 2.5000 | 3.5000 | 3.9000 | 1.8000 | 40.00% |
Latest data on Youth Unemployment Rate (%)
What is Youth Unemployment Rate in Iceland?
- Youth Unemployment Rate in Iceland decreased to 4.4 % in August 2023. The maximum rate was 28.5 % and minimum was 1.8 %.
- Data published Monthly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 4.4 | Aug/23 | 27.09.2023 |
| 14.8 | Jul/23 | 25.08.2023 |
| 7.8 | May/23 | 21.06.2023 |
| 4.9 | Apr/23 | 24.05.2023 |
| 5.2 | Mar/23 | 26.04.2023 |
| 12.7 | Feb/23 | 22.03.2023 |
| 8.5 | Jan/23 | 22.02.2023 |
| 5.3 | Dec/22 | 27.01.2023 |
Historical Chart by presidents (%)
Youth Unemployment Rate in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | 8.4000 | 4.9000 | 11.0000 | 4.1000 | -41.67% |
Latest data on Employed Persons (Person)
How many employed persons are in Iceland?
- Number of Employed Persons in Iceland increased to 223300 Person (0.223 Million Person) in August 2023. The maximum rate was 198300 Person and minimum was 136600 Person.
- Data published Monthly by Statistics.
Historical Data (Person) by years
Data
Period
Date
| 223300 | Aug/23 | 27.09.2023 |
| 220100 | Jul/23 | 24.08.2023 |
| 222600 | Jun/23 | 22.08.2023 |
| 216900 | May/23 | 21.06.2023 |
| 219900 | Apr/23 | 24.05.2023 |
| 214500 | Mar/23 | 26.04.2023 |
| 210800 | Feb/23 | 22.03.2023 |
| 216400 | Jan/23 | 22.02.2023 |
Historical Chart by presidents (Person)
Employed Persons in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Employment Rate (%)
What is Employment Rate in Iceland?
- Employment Rate in Iceland increased to 78.7 % in August 2023. The maximum rate was 80.6 % and minimum was 68.2 %.
- Data published Monthly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 78.7 | Aug/23 | 27.09.2023 |
| 77.8 | Jul/23 | 11.09.2023 |
| 78.7 | Jun/23 | 22.08.2023 |
| 76.9 | May/23 | 21.06.2023 |
| 79 | Apr/23 | 24.05.2023 |
| 77.6 | Mar/23 | 26.04.2023 |
| 75.9 | Feb/23 | 22.03.2023 |
| 78.6 | Jan/23 | 22.02.2023 |
Historical Chart by presidents (%)
Employment Rate in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Full Time Employment (Thousand Person)
What is the number of full-time workers in Iceland?
- Full Time Employment in Iceland increased to 168 Thousand Person in the second quarter of 2023. The maximum rate was 156 Thousand Person and minimum was 97 Thousand Person.
- Data published Quarterly by Eurostat.
Historical Data (Thousand Person) by years
Data
Period
Date
| 168 | 2Q/23 | 27.09.2023 |
| 155 | 1Q/23 | 19.06.2023 |
| 154 | 4Q/22 | 20.03.2023 |
| 158 | 3Q/22 | 23.12.2022 |
| 162 | 2Q/22 | 01.11.2022 |
| 146 | 1Q/22 | 25.08.2022 |
| 146 | 4Q/21 | 19.03.2022 |
| 154 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (Thousand Person)
Full Time Employment in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Part Time Employment (Thousand Persons)
What is Part Time Employment in Iceland?
- Part Time Employment in Iceland decreased to 42.1 Thousand Persons in the second quarter of 2023. The maximum rate was 47.5 Thousand Persons and minimum was 28 Thousand Persons.
- Data published Quarterly by Eurostat.
Historical Data (Thousand Persons) by years
Data
Period
Date
| 42.1 | 2Q/23 | 27.09.2023 |
| 45.7 | 1Q/23 | 19.06.2023 |
| 48.2 | 4Q/22 | 20.03.2023 |
| 42.1 | 3Q/22 | 23.12.2022 |
| 37.4 | 2Q/22 | 01.11.2022 |
| 47.2 | 1Q/22 | 25.08.2022 |
| 44.5 | 4Q/21 | 19.03.2022 |
| 38 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (Thousand Persons)
Part Time Employment in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Unemployed Persons (Persons)
How many Unemployed Persons are in Iceland?
- Number of Unemployed Persons in Iceland remained unchanged at 7600 Persons (0.008 Million Persons) in August 2023. The maximum rate was 18100 Persons and minimum was 100 Persons.
- Data published Monthly by Statistics.
Historical Data (Persons) by years
Data
Period
Date
| 7600 | Aug/23 | 27.09.2023 |
| 7600 | Jul/23 | 24.08.2023 |
| 7600 | May/23 | 21.06.2023 |
| 5200 | Apr/23 | 24.05.2023 |
| 6800 | Mar/23 | 26.04.2023 |
| 11000 | Feb/23 | 22.03.2023 |
| 7000 | Jan/23 | 22.02.2023 |
| 7200 | Dec/22 | 25.01.2023 |
Historical Chart by presidents (Persons)
Unemployed Persons in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other labor indicators in Iceland
| Index | Updated | Actual | Previous |
| Retirement Age Men | 2022 | 67 | 67 |
| Wages | 2022 | 5859.446 USD/Month | 5569.374 |
| Job Vacancies | Aug/23 | 0.249 K | 0.199 |
| Labor Force Participation Rate | Aug/23 | 81.4 % | 80.6 |
Unemployment Rate in other countries
| Country | Updated | Actual | Previous |
| Austria | Sep/23 | 5.9 % | 6.1 |
| Ireland | Sep/23 | 4.2 % | 4.1 |
| Luxembourg | Aug/23 | 5.3 % | 5.2 |
| Spain | 2Q/23 | 11.6 % | 13.26 |
| Iceland | Aug/23 | 3.3 % | 3.5 |
| Norway | Aug/23 | 3.6 % | 3.6 |
| Belarus | Dec/22 | 3.6 % | 3.9 |
| Belgium | Aug/23 | 5.5 % | 5.5 |
| Bulgaria | Aug/23 | 5.3 % | 5.2 |
| Croatia | Aug/23 | 6 % | 5.8 |
| Cyprus | Aug/23 | 6.6 % | 6.6 |
| Czech Republic | Sep/23 | 3.6 % | 3.6 |
| Denmark | Aug/23 | 2.5 % | 2.5 |
| Estonia | 2Q/23 | 6.7 % | 5.3 |
| Euro Area | Aug/23 | 6.4 % | 6.5 |
| European Union | Aug/23 | 5.9 % | 6 |
| Finland | Aug/23 | 6.7 % | 6.9 |
| France | 2Q/23 | 7.2 % | 7.1 |
| Germany | Sep/23 | 5.7 % | 5.7 |
| Greece | Aug/23 | 10.9 % | 10.9 |
| Hungary | Aug/23 | 4.1 % | 4 |
| Italy | Aug/23 | 7.3 % | 7.5 |
| Latvia | 2Q/23 | 6.4 % | 6.4 |
| Lithuania | Aug/23 | 8.4 % | 8.6 |
| Macedonia | 2Q/23 | 13.2 % | 13.4 |
| Malta | 2Q/23 | 2.5 % | 2.9 |
| Moldova | 2Q/23 | 3.8 % | 5.5 |
| Montenegro | Sep/23 | 16.2 % | 16.43 |
| Netherlands | Aug/23 | 3.6 % | 3.6 |
| Poland | Aug/23 | 5 % | 5 |
| Portugal | 2Q/23 | 6.1 % | 7.2 |
| Romania | Aug/23 | 5.4 % | 5.5 |
| Russia | Aug/23 | 3 % | 3 |
| Serbia | 2Q/23 | 9.6 % | 10.1 |
| Slovakia | Aug/23 | 5.23 % | 5.22 |
| Slovenia | Jul/23 | 4.8 % | 4.7 |
| Sweden | Aug/23 | 7.7 % | 6.2 |
| Switzerland | Sep/23 | 2 % | 2 |
| Turkey | Aug/23 | 9.2 % | 9.4 |
| Ukraine | 4Q/21 | 10.5 % | 9.1 |
| United Kingdom | Aug/19 | 3.9 % | |
| Liechtenstein | 2022 | 1.3 % | 1.6 |
| Albania | 2Q/23 | 10.7 % | 10.9 |
| Bosnia and Herzegovina | Jun/23 | 13.1 % | 13.3 |
| Kosovo | 4Q/22 | 12.6 % | 20.7 |
