Trade in employment (TiM) 2023 edition — Domestic employment embodied in Iceland
Iceland: Trade in employment (TiM) 2023 edition — Domestic employment embodied was 0.2 Persons in 2020. ◆ Volatile
Trade in employment (TiM) 2023 edition — Domestic employment embodied in Iceland, 1995–2020
Source: Organisation for Economic Co-operation and Development. Measured in Persons.
Analysis
The most recent figure for trade in employment (tim) 2023 edition — domestic employment embodied in Iceland is 0.2 Persons, measured in 2020.
That represents a change of down 33.3% on the previous year and unchanged over ten years.
Over the whole period, trade in employment (tim) 2023 edition — domestic employment embodied in Iceland peaked at 0.6 Persons in 2015 and was at its lowest, 0.1 Persons, in 2000.
That places Iceland 49th out of 49 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Trade in employment (TiM) 2023 edition — Domestic employment embodied in Iceland, year by year
| Year | Persons | Change |
|---|---|---|
| 1995 | 0.2 Persons | — |
| 1996 | 0.2 Persons | +0.0% |
| 1997 | 0.4 Persons | +100.0% |
| 1998 | 0.3 Persons | -25.0% |
| 1999 | 0.2 Persons | -33.3% |
| 2000 | 0.1 Persons | -50.0% |
| 2001 | 0.1 Persons | +0.0% |
| 2002 | 0.1 Persons | +0.0% |
| 2003 | 0.1 Persons | +0.0% |
| 2004 | 0.1 Persons | +0.0% |
| 2005 | 0.1 Persons | +0.0% |
| 2006 | 0.1 Persons | +0.0% |
| 2007 | 0.1 Persons | +0.0% |
| 2008 | 0.2 Persons | +100.0% |
| 2009 | 0.2 Persons | +0.0% |
| 2010 | 0.2 Persons | +0.0% |
| 2011 | 0.3 Persons | +50.0% |
| 2012 | 0.4 Persons | +33.3% |
| 2013 | 0.3 Persons | -25.0% |
| 2014 | 0.4 Persons | +33.3% |
| 2015 | 0.6 Persons | +50.0% |
| 2016 | 0.3 Persons | -50.0% |
| 2017 | 0.3 Persons | +0.0% |
| 2018 | 0.3 Persons | +0.0% |
| 2019 | 0.3 Persons | +0.0% |
| 2020 | 0.2 Persons | -33.3% |
Iceland compared with similar countries
- Iceland's 0.2 Persons is below the median for high income countries, which is 14.75 Persons, 1% of the median. (32 countries reporting)
- Iceland's 0.2 Persons is below the median for Europe & Central Asia, which is 13.75 Persons, 1% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.26 Persons | 0.2 Persons | 0.4 Persons | 5 |
| 2000s | 0.12 Persons | 0.1 Persons | 0.2 Persons | 10 |
| 2010s | 0.34 Persons | 0.2 Persons | 0.6 Persons | 10 |
| 2020s | 0.2 Persons | 0.2 Persons | 0.2 Persons | 1 |
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 trade in employment (tim) 2023 edition — domestic employment embodied in Iceland?
- Trade in employment (tim) 2023 edition — domestic employment embodied in Iceland was 0.2 Persons in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest trade in employment (tim) 2023 edition — domestic employment embodied recorded in Iceland?
- The highest recorded value was 0.6 Persons in 2015.
- What is the lowest trade in employment (tim) 2023 edition — domestic employment embodied recorded in Iceland?
- The lowest recorded value was 0.1 Persons in 2000.
- How does Iceland rank for trade in employment (tim) 2023 edition — domestic employment embodied?
- Iceland ranks 49th out of 49 countries with data for 2020.
- Is trade in employment (tim) 2023 edition — domestic employment embodied rising or falling in Iceland?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Trade in employment (TiM) 2023 edition — Domestic employment embodied in gross exports. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The Trade in employment (TiM) database, see TiM web page, is a collection of labour market indicators designed to provide additional insights into global production networks and supply chains, and complement Trade in Value Added (TiVA) indicators, see TiVA web page. Estimates of employment or compensation of employees embodied in foreign final demand (or in gross exports) can reveal the extent to which a country's workforce depends on its integration into the global economy. TiM indicators are based on employment and compensation of employees for more than 50 economies (including all EU, OECD, G20 and most East and Southeast Asian economies), as well as region aggregates. TiM is estimated using the 2023 edition of the OECD's Inter-Country Input-Output (ICIO) Tables, see ICIO web page, together with recent estimates of employment and employees' compensation by industrial activity from official sources. The series are available over 1995-2020 and for 45 individual industries based on ISIC Rev.4. • TiM structure (old versus new codes) • Data sources • Documentation Bulk download Rdata and csv files are available in section Related files or can be downloaded from the menu. Contact icio-tiva.contact@oecd.org