ILOSTAT - Labour force survey — Employment-to-population ratio by in Iceland

Iceland: ILOSTAT - Labour force survey — Employment-to-population ratio by was 73.03 % in 2024. ▼ Falling

Latest (2024)
73.03 %
Change on year
up 1.4%
World rank
4th
of 79 countries
All-time high
82.37 %
in 1999
All-time low
69.21 %
in 2021
Years of data
23
1995–2024

ILOSTAT - Labour force survey — Employment-to-population ratio by in Iceland, 1995–2024

0204060801995200920241995: 79.9 %1996: 79.7 %1997: 79.1 %1998: 82 %1999: 82.4 %2000: 82.3 %2001: 81.3 %2002: 82 %2010: 75 %2011: 74.8 %2012: 75.6 %2013: 80.1 %2014: 82.3 %2015: 81 %2016: 81.5 %2017: 81.6 %2018: 81.4 %2019: 79.5 %2020: 75.7 %2021: 69.2 %2022: 72 %2023: 72 %2024: 73 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for ilostat - labour force survey — employment-to-population ratio by in Iceland is 73.03 %, measured in 2024.

The figure is up 1.4% on the previous year and down 11.3% over ten years.

Over the whole period, ilostat - labour force survey — employment-to-population ratio by in Iceland peaked at 82.37 % in 1999 and was at its lowest, 69.21 %, in 2021.

That places Iceland 4th out of 79 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently falling across the 23 years of available data.

ILOSTAT - Labour force survey — Employment-to-population ratio by in Iceland, year by year

Annual values for ILOSTAT - Labour force survey — Employment-to-population ratio by age, total (15+), rural areas — Value in Iceland, 1995 to 2024.
Year % Change
1995 79.87 %
1996 79.69 % -0.2%
1997 79.09 % -0.8%
1998 81.98 % +3.7%
1999 82.37 % +0.5%
2000 82.3 % -0.1%
2001 81.29 % -1.2%
2002 82.02 % +0.9%
2010 74.96 % -8.6%
2011 74.75 % -0.3%
2012 75.64 % +1.2%
2013 80.09 % +5.9%
2014 82.32 % +2.8%
2015 81 % -1.6%
2016 81.52 % +0.6%
2017 81.64 % +0.1%
2018 81.38 % -0.3%
2019 79.51 % -2.3%
2020 75.71 % -4.8%
2021 69.21 % -8.6%
2022 71.99 % +4.0%
2023 72.05 % +0.1%
2024 73.03 % +1.4%

Iceland compared with similar countries

  • Iceland's 73.03 % is above the median for high income countries, which is 56.72 %, 1.3× the median. (37 countries reporting)
  • Iceland's 73.03 % is above the median for Europe & Central Asia, which is 56.11 %, 1.3× the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 80.6 % 79.09 % 82.37 % 5
2000s 81.87 % 81.29 % 82.3 % 3
2010s 79.28 % 74.75 % 82.32 % 10
2020s 72.4 % 69.21 % 75.71 % 5

Countries ranked near Iceland

  1. 1 Bolivia (Plurinational State of) 86.9 % compare
  2. 1 Côte d'Ivoire 65.62 % compare
  3. 1 Mongolia 76.37 % compare
  4. 2 Georgia 74.47 % compare
  5. 2 Republic of Moldova 81.86 % compare
  6. 3 Cabo Verde 42.11 % compare
  7. 3 Malta 73.42 % compare
  8. 3 Viet Nam 74.83 % compare
  9. 4 Türkiye 50.28 % compare
  10. 5 New Zealand 72.48 % compare
  11. 6 Angola 71.91 % compare
  12. 7 Ecuador 71.61 % compare

See the full ranking of 86 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is ilostat - labour force survey — employment-to-population ratio by in Iceland?
Ilostat - labour force survey — employment-to-population ratio by in Iceland was 73.03 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest ilostat - labour force survey — employment-to-population ratio by recorded in Iceland?
The highest recorded value was 82.37 % in 1999.
What is the lowest ilostat - labour force survey — employment-to-population ratio by recorded in Iceland?
The lowest recorded value was 69.21 % in 2021.
How does Iceland rank for ilostat - labour force survey — employment-to-population ratio by?
Iceland ranks 4th out of 79 countries with data for 2024.
Is ilostat - labour force survey — employment-to-population ratio by rising or falling in Iceland?
Over the last ten years it is down 11.3%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of ILOSTAT - Labour force survey — Employment-to-population ratio by age, total (15+), rural areas — Value. Statizoid updates them automatically from the source API.

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ILOSTAT - Labour force survey — Employment-to-population ratio by in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/ilostat-labour-force-survey-employment-to-population-ratio-by-age-total-15-rural-areas/iceland/

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About this data

Indicator
ILOSTAT - Labour force survey — Employment-to-population ratio by age, total (15+), rural areas — Value
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,546 data points, 1987–2025
Last refreshed

The FAOSTAT Employment indicators domain focuses on indicators related to employment in agrifood systems and rural areas. The update is performed yearly, using data from the International Labour Organization (ILO) database that contains a rich set of indicators from a wide range of topics related to labour statistics. The indicators published in FAOSTAT are derived from the labour force statistics (LFS) and rural and urban labour markets (RURURB) databases of the ILOSTAT database.