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Iceland: Unemployment rate

Percent · 1964–2025 · 62 observations · forecasts to 2031 · unemp

2025
4.36%percent
Change on 2024
+1.0 pointsfrom 3.37%
Average, 2016–2025
4.06%10 years
Record high and low
8.32% (2010)low 0.313% (1980)

Unemployment rate

Report error
0%2%4%6%8%10%1970198019902000201020202030IcelandIceland
ForecastPercent

Compare with other countries →Definition of Unemployment rate

Recent values

Percent

YearValue
20314.00Forecast
20304.00Forecast
20294.00Forecast
20284.04Forecast
20274.26Forecast
20263.94Forecast
20254.36
20243.37
20233.38
20223.59
20215.84
20206.27
20193.90
20183.13
20173.30
20163.44

Sources

  • OECD Economic Outlook1964–2025
  • IMF World Economic Outlook1980–2025
  • IMF International Financial Statistics1990–2025
  • International Labour Organization2000–2023
  • OECD Key Economic Indicators2003–2025
  • World Bank Global Economic Monitor2003–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationGovernment debt (% of GDP)Current account (% of GDP)All 76 series →

Unemployment rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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