Iceland Labor Force Participation Rate 1991-2024
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 2023 was 76.74%, a 1.19% decline from 2022.
- Iceland labor force participation rate for 2022 was 77.93%, a 3.37% increase from 2021.
- Iceland labor force participation rate for 2021 was 74.55%, a 1.69% increase from 2020.
- Iceland labor force participation rate for 2020 was 72.86%, a 5.72% decline from 2019.
Iceland Labor Force Participation Rate - Historical Data |
Year |
Participation Rate for Ages 15-24 |
Annual Change |
2023 |
76.74% |
-1.19% |
2022 |
77.93% |
3.37% |
2021 |
74.55% |
1.69% |
2020 |
72.86% |
-5.72% |
2019 |
78.58% |
-1.74% |
2018 |
80.32% |
-1.95% |
2017 |
82.27% |
-0.76% |
2016 |
83.03% |
2.86% |
2015 |
80.17% |
1.99% |
2014 |
78.18% |
0.12% |
2013 |
78.06% |
2.35% |
2012 |
75.71% |
2.63% |
2011 |
73.08% |
-0.58% |
2010 |
73.66% |
0.53% |
2009 |
73.13% |
-5.04% |
2008 |
78.17% |
-1.70% |
2007 |
79.87% |
1.22% |
2006 |
78.65% |
2.54% |
2005 |
76.11% |
-3.20% |
2004 |
79.31% |
-1.02% |
2003 |
80.34% |
8.96% |
2002 |
71.38% |
-8.54% |
2001 |
79.91% |
2.56% |
2000 |
77.36% |
5.53% |
1999 |
71.83% |
-0.29% |
1998 |
72.12% |
6.20% |
1997 |
65.93% |
0.10% |
1996 |
65.83% |
-4.49% |
1995 |
70.32% |
11.84% |
1994 |
58.48% |
0.31% |
1993 |
58.17% |
-2.31% |
1992 |
60.49% |
1.00% |
1991 |
59.48% |
1.00% |