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

Iceland: ILOSTAT - Labour force survey — Labour force participation rate by was 74.46 % in 2024. ▼ Falling

Latest (2024)
74.46 %
Change on year
up 1.4%
World rank
5th
of 79 countries
All-time high
84.43 %
in 2014
All-time low
72.49 %
in 2021
Years of data
23
1995–2024

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

0204060801995200920241995: 83.3 %1996: 82.1 %1997: 81.6 %1998: 83.9 %1999: 83.9 %2000: 84.2 %2001: 83 %2002: 83.9 %2010: 79.6 %2011: 78.8 %2012: 78.6 %2013: 82.7 %2014: 84.4 %2015: 82.5 %2016: 83 %2017: 83.1 %2018: 83.4 %2019: 80.5 %2020: 77.8 %2021: 72.5 %2022: 73.8 %2023: 73.4 %2024: 74.5 %

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 74.46 %, measured in 2024.

That represents a change of up 1.4% on the previous year and down 11.8% over ten years.

Over the whole period, ilostat - labour force survey — labour force participation rate by in Iceland peaked at 84.43 % in 2014 and was at its lowest, 72.49 %, in 2021.

Iceland ranks 5th of 79 countries on this measure, 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

Annual values for ILOSTAT - Labour force survey — Labour force participation rate by age, total (15+), rural areas — Value in Iceland, 1995 to 2024.
Year % Change
1995 83.33 %
1996 82.11 % -1.5%
1997 81.56 % -0.7%
1998 83.86 % +2.8%
1999 83.92 % +0.1%
2000 84.22 % +0.4%
2001 83 % -1.4%
2002 83.92 % +1.1%
2010 79.61 % -5.1%
2011 78.79 % -1.0%
2012 78.63 % -0.2%
2013 82.72 % +5.2%
2014 84.43 % +2.1%
2015 82.52 % -2.3%
2016 83.05 % +0.6%
2017 83.14 % +0.1%
2018 83.39 % +0.3%
2019 80.54 % -3.4%
2020 77.83 % -3.4%
2021 72.49 % -6.9%
2022 73.84 % +1.9%
2023 73.44 % -0.5%
2024 74.46 % +1.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 82.96 % 81.56 % 83.92 % 5
2000s 83.71 % 83 % 84.22 % 3
2010s 81.68 % 78.63 % 84.43 % 10
2020s 74.41 % 72.49 % 77.83 % 5

Countries ranked near Iceland

  1. 2 Angola 77.49 % compare
  2. 2 Republic of Moldova 82.25 % compare
  3. 3 Cabo Verde 47.87 % compare
  4. 3 Georgia 76.91 % compare
  5. 3 Viet Nam 75.71 % compare
  6. 4 New Zealand 74.79 % compare
  7. 4 Türkiye 53.57 % compare
  8. 6 Malta 73.42 % compare
  9. 7 Ecuador 72.63 % compare
  10. 8 Indonesia 71.22 % 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 74.46 % 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 84.43 % in 2014.
What is the lowest ilostat - labour force survey — labour force participation rate by recorded in Iceland?
The lowest recorded value was 72.49 % in 2021.
How does Iceland rank for ilostat - labour force survey — labour force participation rate by?
Iceland ranks 5th 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 11.8%. 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, total (15+), rural areas — Value. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

Share, cite or embed this page

Cite this page

ILOSTAT - Labour force survey — Labour force participation rate by in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/ilostat-labour-force-survey-labour-force-participation-rate-by-age-total-15-rural-areas/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-NC-SA 3.0 IGO (FAO); please keep the attribution.

<a href="https://economy.statizoid.com/stat/ilostat-labour-force-survey-labour-force-participation-rate-by-age-total-15-rural-areas/iceland/">ILOSTAT - Labour force survey — Labour force participation rate by in Iceland</a> — Statizoid

About this data

Indicator
ILOSTAT - Labour force survey — Labour force participation rate 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, 1,544 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.