ILOSTAT - Labour force survey — Labour force participation rate by in Iceland
Iceland: ILOSTAT - Labour force survey — Labour force participation rate by was 32.96 % 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
Iceland recorded 32.96 % for ilostat - labour force survey — labour force participation rate by in 2024.
Compared with earlier readings it is down 1.5% on the previous year and down 42.8% over ten years.
Over the whole period, ilostat - labour force survey — labour force participation rate by in Iceland peaked at 60.37 % in 1998 and was at its lowest, 29.43 %, in 2021.
That places Iceland 32nd out of 78 countries with data for 2024, putting it 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 | 57.57 % | — |
| 1996 | 55.02 % | -4.4% |
| 1997 | 57.45 % | +4.4% |
| 1998 | 60.37 % | +5.1% |
| 1999 | 52.39 % | -13.2% |
| 2000 | 47.48 % | -9.4% |
| 2001 | 43.94 % | -7.5% |
| 2002 | 47.61 % | +8.4% |
| 2010 | 38.03 % | -20.1% |
| 2011 | 41.09 % | +8.0% |
| 2012 | 41.24 % | +0.4% |
| 2013 | 48.92 % | +18.6% |
| 2014 | 57.63 % | +17.8% |
| 2015 | 56.47 % | -2.0% |
| 2016 | 52.94 % | -6.3% |
| 2017 | 49.75 % | -6.0% |
| 2018 | 56.92 % | +14.4% |
| 2019 | 49.81 % | -12.5% |
| 2020 | 45.43 % | -8.8% |
| 2021 | 29.43 % | -35.2% |
| 2022 | 29.99 % | +1.9% |
| 2023 | 33.47 % | +11.6% |
| 2024 | 32.96 % | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.56 % | 52.39 % | 60.37 % | 5 |
| 2000s | 46.34 % | 43.94 % | 47.61 % | 3 |
| 2010s | 49.28 % | 38.03 % | 57.63 % | 10 |
| 2020s | 34.26 % | 29.43 % | 45.43 % | 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 32.96 % 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 60.37 % in 1998.
- What is the lowest ilostat - labour force survey — labour force participation rate by recorded in Iceland?
- The lowest recorded value was 29.43 % in 2021.
- How does Iceland rank for ilostat - labour force survey — labour force participation rate by?
- Iceland ranks 32nd out of 78 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 42.8%. 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 — Male — Value. Statizoid updates them automatically from the source API.
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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.