Iceland Unemployment Rate 1991-2024
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Iceland unemployment rate for 2023 was 3.56%, a 0.23% decline from 2022.
- Iceland unemployment rate for 2022 was 3.79%, a 2.24% decline from 2021.
- Iceland unemployment rate for 2021 was 6.03%, a 0.55% increase from 2020.
- Iceland unemployment rate for 2020 was 5.48%, a 1.97% increase from 2019.
Iceland Unemployment Rate - Historical Data |
Year |
Unemployment Rate (%) |
Annual Change |
2023 |
3.56% |
-0.23% |
2022 |
3.79% |
-2.24% |
2021 |
6.03% |
0.55% |
2020 |
5.48% |
1.97% |
2019 |
3.51% |
0.80% |
2018 |
2.70% |
-0.04% |
2017 |
2.74% |
-0.24% |
2016 |
2.98% |
-1.00% |
2015 |
3.98% |
-0.92% |
2014 |
4.90% |
-0.48% |
2013 |
5.38% |
-0.62% |
2012 |
6.00% |
-1.03% |
2011 |
7.03% |
-0.54% |
2010 |
7.56% |
0.34% |
2009 |
7.22% |
4.27% |
2008 |
2.95% |
0.70% |
2007 |
2.25% |
-0.58% |
2006 |
2.83% |
0.28% |
2005 |
2.55% |
-1.48% |
2004 |
4.03% |
0.03% |
2003 |
4.00% |
1.01% |
2002 |
2.99% |
1.11% |
2001 |
1.87% |
-0.06% |
2000 |
1.94% |
-0.24% |
1999 |
2.18% |
-0.89% |
1998 |
3.07% |
-0.65% |
1997 |
3.72% |
0.12% |
1996 |
3.60% |
-1.60% |
1995 |
5.20% |
-0.13% |
1994 |
5.33% |
0.07% |
1993 |
5.26% |
0.95% |
1992 |
4.31% |
1.76% |
1991 |
2.55% |
1.76% |