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Iceland / Jobs

How's the job market in Iceland?

2025 · data family: economicdata.dev

About the same as the year before

3.6%Unemployment rate, 2025

Compare every country: where Iceland ranks for 2025

Unemployment rate, 1991–2025Iceland's rate was 3.6% in 2025, against 4.8% for the world; since 1991 it ranged from 1.9% (2001) to 7.6% (2010).
0.02.04.06.08.01995200020052010201520202025
Indicator: Unemployment, % of the labour force, yearly, modelled ILO estimate (WDI SL.UEM.TOTL.ZS)Source: World Bank WDI, SL.UEM.TOTL.ZS: unemployment, % of labour force (modelled ILO estimate), updated 2026-10-08
Show the numbers (35 rows)
YearIcelandWorld
20253.6%4.8%
20243.6%4.8%
20233.5%4.8%
20223.8%5.2%
20216.0%6.0%
20205.5%6.6%
20193.5%5.6%
20182.7%5.8%
20172.7%5.9%
20163.0%6.0%
20154.0%6.0%
20144.9%6.0%
20135.4%6.1%
20126.0%6.2%
20117.0%6.1%
20107.6%6.3%
20097.2%6.4%
20082.9%5.8%
20072.3%5.8%
20062.8%6.0%
20052.5%6.2%
20044.0%6.3%
20034.0%6.5%
20023.0%6.4%
20011.9%6.2%
20001.9%6.1%
19992.2%6.3%
19983.1%6.2%
19973.7%6.0%
19963.6%6.0%
19955.2%5.9%
19945.3%5.8%
19935.3%5.5%
19924.3%5.3%
19912.5%5.1%

Get this data

This page's numbers, as JSON:

curl https://visualizedata.org/data/places/isl/jobs.json

The World Bank API it comes from (live, no key):

curl "https://api.worldbank.org/v2/country/isl/indicator/SL.UEM.TOTL.ZS?format=json&date=1991:2025"

Open the JSON

What this can't tell you

  • Most countries' figures are the ILO's modelled estimates: where a labour force survey is old or missing, a model fills the gap, so small year-to-year changes are often the model, not the economy.
  • Unemployment counts people looking for work; in countries with large informal economies, few people can afford to be unemployed, so a low rate does not mean plenty of good jobs.

How the answer is decided

The latest year is compared with the year before: a rise of 1 point or more is 'much higher', 0.3 or more 'higher', a change within 0.3 'about the same', and the same downward.

Sources