ILO estimate of the unemployment rate in Iceland
The ILO estimates the unemployment rate in Iceland at 3.6% in 2025.
Iceland, 2025
3.6%
Change from 2024
0percentage points
World, 2025
4.9%
Median of OECD (38 countries), 2025
5.4%
Position in 2025
120th of 181
ILO estimate of the unemployment rate in Iceland over time
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Iceland
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of the labour force aged 15 and over. Source: ILO, ILOSTAT (ILO Modelled Estimates). Gaps mean no published value; points are not joined across missing years. Dashed lines are projections.
| Period | Iceland | World |
|---|---|---|
| 2025 | 3.6% | 4.9% |
| 2024 | 3.6% | 4.9% |
| 2023 | 3.5% | 4.9% |
| 2022 | 3.8% | 5.3% |
| 2021 | 6.0% | 6.0% |
| 2020 | 5.5% | 6.6% |
| 2019 | 3.5% | 5.6% |
| 2018 | 2.7% | 5.8% |
| 2017 | 2.7% | 5.9% |
| 2016 | 3.0% | 6.0% |
Flags: f Projection . A dash means no value was published.
In short
- That is a change of 0 percentage points from 3.6% in 2024.
- Since 2015, when it was 4.0%, the figure has changed by −0.4 percentage points.
- Among the 181 countries with data for 2025, Iceland has the 120th highest value.
- The figure for the world in 2025 was 4.9%.
More for Iceland
All statistics for Iceland
Unemployment rate, ages 15 to 74
4.5%
2025 · Eurostat
ILO estimate of youth unemployment
8.7%
2025 · ILOSTAT
Labour force participation
74.9%
2025 · ILOSTAT
Youth unemployment rate, ages 15 to 24
9.5%
2025 · Eurostat
Long-term unemployment rate
0.6%
2025 · Eurostat
Employment rate, ages 20 to 64
85.8%
2025 · Eurostat