ILOSTAT - Labour force survey — Labour force participation rate by in Iceland
Iceland: ILOSTAT - Labour force survey — Labour force participation rate by was 18.09 % in 2024. ▼ Falling
ILOSTAT - Labour force survey — Labour force participation rate by in Iceland, 1995–2024
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 18.09 %, measured in 2024.
Compared with earlier readings it is down 4.1% on the previous year and down 46.2% over ten years.
Over the whole period, ilostat - labour force survey — labour force participation rate by in Iceland peaked at 37.73 % in 2016 and was at its lowest, 15.54 %, in 2022.
Iceland ranks 21st of 76 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
ILOSTAT - Labour force survey — Labour force participation rate by in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 33.75 % | — |
| 1996 | 24.9 % | -26.2% |
| 1997 | 31.04 % | +24.7% |
| 1998 | 28.09 % | -9.5% |
| 1999 | 35.92 % | +27.9% |
| 2000 | 21.89 % | -39.1% |
| 2001 | 20.81 % | -4.9% |
| 2002 | 29.03 % | +39.5% |
| 2010 | 23.59 % | -18.7% |
| 2011 | 21.15 % | -10.3% |
| 2012 | 20.42 % | -3.5% |
| 2013 | 34.74 % | +70.1% |
| 2014 | 33.64 % | -3.2% |
| 2015 | 32.8 % | -2.5% |
| 2016 | 37.73 % | +15.0% |
| 2017 | 26.15 % | -30.7% |
| 2018 | 18.03 % | -31.1% |
| 2019 | 18.32 % | +1.6% |
| 2020 | 24.49 % | +33.7% |
| 2021 | 18.26 % | -25.4% |
| 2022 | 15.54 % | -14.9% |
| 2023 | 18.86 % | +21.4% |
| 2024 | 18.09 % | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.74 % | 24.9 % | 35.92 % | 5 |
| 2000s | 23.91 % | 20.81 % | 29.03 % | 3 |
| 2010s | 26.66 % | 18.03 % | 37.73 % | 10 |
| 2020s | 19.05 % | 15.54 % | 24.49 % | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
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 18.09 % 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 37.73 % in 2016.
- What is the lowest ilostat - labour force survey — labour force participation rate by recorded in Iceland?
- The lowest recorded value was 15.54 % in 2022.
- How does Iceland rank for ilostat - labour force survey — labour force participation rate by?
- Iceland ranks 21st out of 76 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 46.2%. 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 — Labour force participation rate by age, 65+, rural areas — Female — Value. Statizoid updates them automatically from the source API.
Download this data
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About this data
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.