Iceland Youth Unemployment Rate 1991-2023

Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
  • Iceland youth unemployment rate for 2022 was 10.73%, a 1.05% decline from 2021.
  • Iceland youth unemployment rate for 2021 was 11.77%, a 1.9% increase from 2020.
  • Iceland youth unemployment rate for 2020 was 9.88%, a 1.41% increase from 2019.
  • Iceland youth unemployment rate for 2019 was 8.46%, a 2.57% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % of Total Labor Force Ages 15-24
New Caledonia 38.02%
French Polynesia 36.37%
Greece 30.05%
Spain 28.34%
Uruguay 27.58%
Virgin Islands (U.S.) 27.20%
Barbados 24.49%
Italy 23.93%
Brunei 23.89%
Bahamas 23.85%
Saudi Arabia 23.77%
Sweden 20.68%
Panama 20.19%
Estonia 20.15%
Slovak Republic 19.30%
Cyprus 18.69%
Argentina 18.57%
Portugal 17.80%
France 17.75%
Croatia 17.56%
Luxembourg 17.54%
Chile 17.25%
Belgium 16.27%
Kuwait 15.38%
Channel Islands 14.79%
Finland 14.47%
Guam 13.64%
Latvia 13.20%
Puerto Rico 13.11%
Hong Kong 12.96%
Trinidad and Tobago 11.57%
Slovenia 11.09%
Lithuania 11.05%
Iceland 10.73%
Hungary 10.22%
Canada 10.01%
United Kingdom 9.94%
Norway 9.64%
Austria 9.40%
UAE 9.29%
New Zealand 9.23%
Ireland 9.15%
Denmark 8.78%
Poland 8.71%
Australia 8.29%
Malta 8.27%
United States 7.89%
Netherlands 7.79%
Oman 7.47%
Switzerland 7.37%
Czech Republic 7.08%
Macao 7.05%
South Korea 6.88%
Bahrain 6.63%
Singapore 6.12%
Israel 6.03%
Germany 5.75%
Japan 4.23%
Qatar 0.30%
Iceland Youth Unemployment Rate - Historical Data
Year % of Total Labor Force Ages 15-24 Annual Change
2022 10.73% -1.05%
2021 11.77% 1.90%
2020 9.88% 1.41%
2019 8.46% 2.57%
2018 5.89% -1.67%
2017 7.56% 1.22%
2016 6.34% -2.26%
2015 8.60% -0.99%
2014 9.59% -0.84%
2013 10.43% -2.78%
2012 13.20% -0.95%
2011 14.16% -1.71%
2010 15.87% 0.40%
2009 15.47% 7.58%
2008 7.89% 1.20%
2007 6.68% -1.25%
2006 7.93% 0.87%
2005 7.06% -4.46%
2004 11.52% -0.34%
2003 11.86% 5.68%
2002 6.18% 1.61%
2001 4.57% 0.52%
2000 4.05% 0.05%
1999 4.01% -2.62%
1998 6.62% -1.23%
1997 7.85% -0.53%
1996 8.37% -3.38%
1995 11.76% 0.24%
1994 11.51% 1.58%
1993 9.93% 0.08%
1992 9.86% 4.98%
1991 4.88% 4.98%