ILOSTAT - Labour force survey — Labour force participation rate by in Iceland

Iceland: ILOSTAT - Labour force survey — Labour force participation rate by was 92.73 % in 2024. ▬ Flat

Latest (2024)
92.73 %
Change on year
up 9.5%
World rank
3rd
of 79 countries
All-time high
95.42 %
in 1995
All-time low
84.66 %
in 2023
Years of data
23
1995–2024

ILOSTAT - Labour force survey — Labour force participation rate by in Iceland, 1995–2024

0204060801001995200920241995: 95.4 %1996: 90.9 %1997: 91.2 %1998: 93.3 %1999: 93.7 %2000: 95.2 %2001: 91.6 %2002: 94 %2010: 86.9 %2011: 88.7 %2012: 94.7 %2013: 92.5 %2014: 94.5 %2015: 90.3 %2016: 91.9 %2017: 92.2 %2018: 89.5 %2019: 90.5 %2020: 89.4 %2021: 87.6 %2022: 88.4 %2023: 84.7 %2024: 92.7 %

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

Analysis

The most recent figure for ilostat - labour force survey — labour force participation rate by in Iceland is 92.73 %, measured in 2024.

The figure is up 9.5% on the previous year and down 1.9% over ten years.

Over the whole period, ilostat - labour force survey — labour force participation rate by in Iceland peaked at 95.42 % in 1995 and was at its lowest, 84.66 %, in 2023.

That places Iceland 3rd out of 79 countries with data for 2024, putting it in the top 10%.

ILOSTAT - Labour force survey — Labour force participation rate by in Iceland, year by year

Annual values for ILOSTAT - Labour force survey — Labour force participation rate by age, 55 to 64, rural areas — Male — Value in Iceland, 1995 to 2024.
Year % Change
1995 95.42 %
1996 90.9 % -4.7%
1997 91.2 % +0.3%
1998 93.3 % +2.3%
1999 93.69 % +0.4%
2000 95.2 % +1.6%
2001 91.63 % -3.8%
2002 94 % +2.6%
2010 86.9 % -7.6%
2011 88.73 % +2.1%
2012 94.74 % +6.8%
2013 92.55 % -2.3%
2014 94.48 % +2.1%
2015 90.31 % -4.4%
2016 91.94 % +1.8%
2017 92.21 % +0.3%
2018 89.45 % -3.0%
2019 90.45 % +1.1%
2020 89.4 % -1.2%
2021 87.64 % -2.0%
2022 88.36 % +0.8%
2023 84.66 % -4.2%
2024 92.73 % +9.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 92.9 % 90.9 % 95.42 % 5
2000s 93.61 % 91.63 % 95.2 % 3
2010s 91.18 % 86.9 % 94.74 % 10
2020s 88.56 % 84.66 % 92.73 % 5

Countries ranked near Iceland

  1. 1 Bolivia (Plurinational State of) 96.76 % compare
  2. 1 Côte d'Ivoire 76.28 % compare
  3. 1 Ecuador 93.74 % compare
  4. 2 Indonesia 92.92 % compare
  5. 2 Republic of Moldova 90.38 % compare
  6. 3 Cabo Verde 59.48 % compare
  7. 3 Viet Nam 86.59 % compare
  8. 4 Georgia 91.93 % compare
  9. 4 Türkiye 64.43 % compare
  10. 5 Mali 90.27 % compare
  11. 6 Panama 89.17 % 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 — labour force participation rate by in Iceland?
Ilostat - labour force survey — labour force participation rate by in Iceland was 92.73 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest ilostat - labour force survey — labour force participation rate by recorded in Iceland?
The highest recorded value was 95.42 % in 1995.
What is the lowest ilostat - labour force survey — labour force participation rate by recorded in Iceland?
The lowest recorded value was 84.66 % in 2023.
How does Iceland rank for ilostat - labour force survey — labour force participation rate by?
Iceland ranks 3rd out of 79 countries with data for 2024.
Is ilostat - labour force survey — labour force participation rate by rising or falling in Iceland?
Over the last ten years it is down 1.9%. The long-run trend across the full record is flat.
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 — Labour force participation rate by age, 55 to 64, rural areas — Male — Value. Statizoid updates them automatically from the source API.

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ILOSTAT - Labour force survey — Labour force participation rate by in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/ilostat-labour-force-survey-labour-force-participation-rate-by-age-55-to-64-rural-areas-2/iceland/

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About this data

Indicator
ILOSTAT - Labour force survey — Labour force participation rate by age, 55 to 64, rural areas — Male — Value
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,535 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.