ILOSTAT - Labour force survey — Labour force participation rate by in Iceland
Iceland: ILOSTAT - Labour force survey — Labour force participation rate by was 69.65 % 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
In 2024, ilostat - labour force survey — labour force participation rate by in Iceland stood at 69.65 %.
The figure is up 0.5% on the previous year and down 12.5% over ten years.
Over the whole period, ilostat - labour force survey — labour force participation rate by in Iceland peaked at 80.1 % in 2002 and was at its lowest, 69.3 %, in 2023.
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 — Labour force participation rate by in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 76.3 % | — |
| 1996 | 77.22 % | +1.2% |
| 1997 | 75.4 % | -2.4% |
| 1998 | 78.88 % | +4.6% |
| 1999 | 79.06 % | +0.2% |
| 2000 | 78.91 % | -0.2% |
| 2001 | 77.36 % | -2.0% |
| 2002 | 80.1 % | +3.5% |
| 2010 | 75.1 % | -6.2% |
| 2011 | 74.29 % | -1.1% |
| 2012 | 72.99 % | -1.7% |
| 2013 | 78.95 % | +8.2% |
| 2014 | 79.56 % | +0.8% |
| 2015 | 77.11 % | -3.1% |
| 2016 | 79.66 % | +3.3% |
| 2017 | 79.95 % | +0.4% |
| 2018 | 78.63 % | -1.7% |
| 2019 | 75.13 % | -4.5% |
| 2020 | 72.95 % | -2.9% |
| 2021 | 69.36 % | -4.9% |
| 2022 | 70.13 % | +1.1% |
| 2023 | 69.3 % | -1.2% |
| 2024 | 69.65 % | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 77.37 % | 75.4 % | 79.06 % | 5 |
| 2000s | 78.79 % | 77.36 % | 80.1 % | 3 |
| 2010s | 77.14 % | 72.99 % | 79.95 % | 10 |
| 2020s | 70.28 % | 69.3 % | 72.95 % | 5 |
Countries ranked near Iceland
- 1 Angola 77.24 % compare
- 1 Côte d'Ivoire 57.95 % compare
- 1 Republic of Moldova 84.65 % compare
- 2 Bolivia (Plurinational State of) 82.75 % compare
- 2 Mongolia 71.7 % compare
- 3 Cabo Verde 37.8 % compare
- 3 Georgia 70.45 % compare
- 3 Viet Nam 71.52 % compare
- 4 Türkiye 36.69 % compare
- 5 New Zealand 69.55 % compare
- 6 Malta 66.87 % compare
- 7 Switzerland 65 % compare
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)
- Households and NPISHs Final consumption expenditure (current LCU) 9.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 63.74 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 6.27 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3194 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 31,408 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 17.29 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7569 current US$ per US$ of GDP (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 69.65 % 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 80.1 % in 2002.
- What is the lowest ilostat - labour force survey — labour force participation rate by recorded in Iceland?
- The lowest recorded value was 69.3 % in 2023.
- How does Iceland rank for ilostat - labour force survey — labour force participation rate by?
- Iceland ranks 4th 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 12.5%. 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, total (15+), rural areas — Female — 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.