Iceland Youth Unemployment Rate 1991-2024

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 2023 was 9.16%, a 0.69% increase from 2022.
  • Iceland youth unemployment rate for 2022 was 8.47%, a 3.38% decline from 2021.
  • Iceland youth unemployment rate for 2021 was 11.85%, a 1.98% increase from 2020.
  • Iceland youth unemployment rate for 2020 was 9.87%, a 1.43% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % of Total Labor Force Ages 15-24
French Polynesia 37.31%
New Caledonia 32.57%
Spain 28.70%
Greece 26.57%
Uruguay 26.16%
Virgin Islands (U.S.) 25.55%
Barbados 24.87%
Bahamas 23.57%
Italy 22.73%
Chile 22.05%
Sweden 21.57%
Portugal 20.25%
Slovak Republic 19.41%
Croatia 19.24%
Luxembourg 18.99%
Brunei 18.62%
Argentina 18.00%
Cyprus 17.45%
France 17.13%
Estonia 17.09%
Panama 16.59%
Saudi Arabia 16.25%
Belgium 16.09%
Finland 15.92%
Kuwait 14.99%
Lithuania 13.90%
Puerto Rico 13.65%
Channel Islands 13.47%
Guam 12.88%
Hungary 12.76%
United Kingdom 12.54%
Latvia 12.50%
Denmark 11.66%
Poland 11.58%
Norway 10.95%
Austria 10.93%
New Zealand 10.72%
UAE 10.65%
Canada 10.59%
Ireland 10.54%
Hong Kong 10.45%
Trinidad and Tobago 10.12%
Slovenia 9.91%
Malta 9.34%
Iceland 9.16%
Netherlands 8.94%
Australia 8.57%
Singapore 8.29%
Czech Republic 8.28%
Switzerland 8.00%
United States 7.90%
Macao 6.97%
Oman 6.85%
Israel 6.03%
Germany 5.96%
Bahrain 5.82%
South Korea 5.37%
Japan 4.09%
Qatar 0.60%
Iceland Youth Unemployment Rate - Historical Data
Year % of Total Labor Force Ages 15-24 Annual Change
2023 9.16% 0.69%
2022 8.47% -3.38%
2021 11.85% 1.98%
2020 9.87% 1.43%
2019 8.45% 2.54%
2018 5.91% -1.65%
2017 7.56% 1.23%
2016 6.33% -2.27%
2015 8.60% -0.98%
2014 9.58% -0.84%
2013 10.42% -2.79%
2012 13.21% -0.95%
2011 14.16% -1.72%
2010 15.87% 0.41%
2009 15.46% 7.59%
2008 7.88% 1.19%
2007 6.69% -1.24%
2006 7.93% 0.87%
2005 7.06% -4.46%
2004 11.52% -0.33%
2003 11.85% 5.67%
2002 6.18% 1.61%
2001 4.57% 0.52%
2000 4.05% 0.05%
1999 4.00% -2.61%
1998 6.61% -1.24%
1997 7.85% -0.52%
1996 8.37% -3.39%
1995 11.76% 0.25%
1994 11.51% 1.58%
1993 9.93% 0.08%
1992 9.85% 4.98%
1991 4.88% 4.98%