Unemployment, modelled ILO estimate (% of total labour force) - SDG in Iceland
Iceland: Unemployment, modelled ILO estimate (% of total labour force) - SDG was 3.62 in 2025. ▲ Rising
Latest (2025)
3.62
Change on year
up 0.7%
World rank
54th
of 69 countries
All-time high
7.56
in 2010
All-time low
1.87
in 2001
Years of data
35
1991–2025
Unemployment, modelled ILO estimate (% of total labour force) - SDG in Iceland, 1991–2025
Source: UNICEF.
Analysis
In 2025, unemployment, modelled ilo estimate (% of total labour force) - sdg in Iceland stood at 3.62.
That represents a change of up 0.7% on the previous year and down 8.9% over ten years.
Over the whole period, unemployment, modelled ilo estimate (% of total labour force) - sdg in Iceland peaked at 7.56 in 2010 and was at its lowest, 1.87, in 2001.
That places Iceland 54th out of 69 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Unemployment, modelled ILO estimate (% of total labour force) - SDG in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 2.55 | — |
| 1992 | 4.3 | +69.0% |
| 1993 | 5.26 | +22.1% |
| 1994 | 5.33 | +1.3% |
| 1995 | 5.2 | -2.4% |
| 1996 | 3.6 | -30.7% |
| 1997 | 3.72 | +3.3% |
| 1998 | 3.07 | -17.5% |
| 1999 | 2.18 | -29.0% |
| 2000 | 1.94 | -11.1% |
| 2001 | 1.87 | -3.2% |
| 2002 | 2.99 | +59.4% |
| 2003 | 4 | +33.8% |
| 2004 | 4.03 | +0.9% |
| 2005 | 2.55 | -36.8% |
| 2006 | 2.83 | +11.1% |
| 2007 | 2.25 | -20.5% |
| 2008 | 2.95 | +30.9% |
| 2009 | 7.22 | +145.1% |
| 2010 | 7.56 | +4.8% |
| 2011 | 7.03 | -7.1% |
| 2012 | 6 | -14.6% |
| 2013 | 5.38 | -10.4% |
| 2014 | 4.9 | -8.9% |
| 2015 | 3.98 | -18.7% |
| 2016 | 2.98 | -25.2% |
| 2017 | 2.74 | -7.9% |
| 2018 | 2.7 | -1.4% |
| 2019 | 3.51 | +29.7% |
| 2020 | 5.48 | +56.2% |
| 2021 | 6.03 | +10.1% |
| 2022 | 3.79 | -37.2% |
| 2023 | 3.52 | -7.2% |
| 2024 | 3.6 | +2.3% |
| 2025 | 3.62 | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.91 | 2.18 | 5.33 | 9 |
| 2000s | 3.26 | 1.87 | 7.22 | 10 |
| 2010s | 4.68 | 2.7 | 7.56 | 10 |
| 2020s | 4.34 | 3.52 | 6.03 | 6 |
Countries ranked near Iceland
- 51 Turkmenistan 4.27 compare
- 52 Netherlands 3.87 compare
- 53 Germany 3.71 compare
- 55 Bulgaria 3.54 compare
- 56 Kyrgyzstan 3.53 compare
- 57 Belarus 3.38 compare
More social development data for Iceland
- Refugees under the mandate of the UNHCR by country or territory of 8,459 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 (2025)
- Political Rights Rating 1 (2025)
- Electoral democracy 1 (2025)
- Political rights rating fh, annual growth rate 0 % change on previous year (2025)
- Political rights rating fh, gaps filled 1 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0.0216 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 units per US$ of GDP (2025)
Frequently asked questions
- What is unemployment, modelled ilo estimate (% of total labour force) - sdg in Iceland?
- Unemployment, modelled ilo estimate (% of total labour force) - sdg in Iceland was 3.62 in 2025, according to UNICEF.
- What is the highest unemployment, modelled ilo estimate (% of total labour force) - sdg recorded in Iceland?
- The highest recorded value was 7.56 in 2010.
- What is the lowest unemployment, modelled ilo estimate (% of total labour force) - sdg recorded in Iceland?
- The lowest recorded value was 1.87 in 2001.
- How does Iceland rank for unemployment, modelled ilo estimate (% of total labour force) - sdg?
- Iceland ranks 54th out of 69 countries with data for 2025.
- Is unemployment, modelled ilo estimate (% of total labour force) - sdg rising or falling in Iceland?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from UNICEF, published as part of Unemployment, modelled ILO estimate (% of total labour force) - SDG 8.5.2. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under UNICEF Terms of Use (attribution required).