Iceland Labor Force Participation Rate 1990-2022

Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.
  • Iceland labor force participation rate for 2021 was 70.99%, a 1.03% decline from 2020.
  • Iceland labor force participation rate for 2020 was 72.01%, a 5.54% decline from 2019.
  • Iceland labor force participation rate for 2019 was 77.55%, a 2.25% decline from 2018.
  • Iceland labor force participation rate for 2018 was 79.80%, a 2.01% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Participation Rate for Ages 15-24
Netherlands 78.66%
Iceland 70.99%
Qatar 68.71%
Australia 68.29%
Switzerland 64.61%
New Zealand 63.20%
Canada 62.74%
Norway 61.23%
Denmark 59.86%
Austria 56.36%
United Kingdom 56.27%
Germany 55.34%
Sweden 54.01%
Finland 52.45%
Malta 51.73%
Bahamas 50.89%
United States 50.49%
Channel Islands 48.71%
Japan 48.31%
UAE 48.19%
Ireland 47.05%
Uruguay 46.00%
Macao 44.89%
Israel 44.81%
Guam 44.06%
New Caledonia 43.03%
Panama 42.99%
Barbados 42.47%
Estonia 41.25%
Bahrain 40.75%
Cyprus 40.31%
Trinidad and Tobago 39.86%
Hong Kong 39.20%
Brunei 39.18%
Singapore 39.14%
Argentina 38.71%
France 38.62%
French Polynesia 38.03%
Luxembourg 37.21%
Oman 36.20%
Virgin Islands (U.S.) 35.17%
Lithuania 34.48%
Croatia 34.11%
Latvia 31.72%
Hungary 31.70%
Spain 31.36%
Poland 30.83%
Portugal 30.20%
Slovenia 29.99%
Belgium 29.45%
South Korea 28.23%
Czech Republic 26.82%
Slovak Republic 26.00%
Chile 25.60%
Kuwait 25.55%
Italy 24.76%
Saudi Arabia 23.33%
Puerto Rico 21.40%
Greece 20.22%
Iceland Labor Force Participation Rate - Historical Data
Year Participation Rate for Ages 15-24 Annual Change
2021 70.99% -1.03%
2020 72.01% -5.54%
2019 77.55% -2.25%
2018 79.80% -2.01%
2017 81.81% -1.01%
2016 82.82% 2.91%
2015 79.91% 2.23%
2014 77.68% 0.01%
2013 77.67% 2.55%
2012 75.12% 2.57%
2011 72.55% -0.71%
2010 73.26% 0.61%
2009 72.64% -5.25%
2008 77.89% -1.84%
2007 79.74% 1.22%
2006 78.52% 2.61%
2005 75.91% 1.85%
2004 74.06% 1.88%
2003 72.18% 1.92%
2002 70.26% -9.28%
2001 79.54% 2.82%
2000 76.71% 5.55%
1999 71.16% -0.30%
1998 71.46% 6.52%
1997 64.94% 0.53%
1996 64.41% -4.71%
1995 69.12% 10.66%
1994 58.46% 0.19%
1993 58.27% -2.58%
1992 60.84% 2.72%
1991 58.12% 0.45%
1990 57.67% 0.45%