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Iceland Unemployment
3.6%as of 2025
Iceland's unemployment stands at 3.6% as of 2025. The indicator has decreased from 4.9% in 2014 to 3.6% in 2025. Source: ILO / World Bank WDI.
Historical trend (2014–2025)
Unemployment — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | 4.9% | — |
| 2015 | 4% | -0.9pp |
| 2016 | 3% | -1.0pp |
| 2017 | 2.7% | -0.3pp |
| 2018 | 2.7% | 0.0pp |
| 2019 | 3.5% | +0.8pp |
| 2020 | 5.5% | +2.0pp |
| 2021 | 6% | +0.5pp |
| 2022 | 3.8% | -2.2pp |
| 2023 | 3.5% | -0.3pp |
| 2024 | 3.6% | +0.1pp |
| 2025 | 3.6% | 0.0pp |
Source: ILO / World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.