Iceland — Unemployment, Total (% of Total Labor Force)

Explore the annual trends, visual insights, projections, and comparisons with similar countries.

Statistical Overview
Year Unemployment, Total (% of Total Labor Force) YoY Change YoY % Change
2024 3.11 - -
2023 3.52 -0.41 -13.23%
2022 3.79 -0.27 -7.70%
2021 6.03 -2.24 -59.12%
2020 5.48 +0.55 +9.14%
Key Metrics

Max: 7.56 (2010)

Min: 1.87 (2001)

Key Economic Figures

Population
393,600
2023 • 0.3936M
GDP (Nominal)
$31.02B
2023 • $78,811 per capita
Area
103,000 km²
2022 • 103,000 km²