Iceland Labor Force Participation Rate 1960-2024

Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.
  • Iceland labor force participation rate for 2022 was 77.93%, a 3.37% increase from 2021.
  • Iceland labor force participation rate for 2021 was 74.55%, a 1.69% increase from 2020.
  • Iceland labor force participation rate for 2020 was 72.86%, a 5.72% decline from 2019.
  • Iceland labor force participation rate for 2019 was 78.58%, a 1.74% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Participation Rate for Ages 15-24
Iceland 77.93%
Netherlands 69.35%
Australia 68.33%
New Zealand 67.51%
Switzerland 65.02%
Canada 64.46%
Norway 64.30%
Denmark 62.80%
Qatar 59.13%
Sweden 56.92%
Austria 56.61%
United Kingdom 54.36%
Finland 53.92%
Germany 53.59%
Ireland 53.08%
Malta 51.37%
United States 50.53%
Channel Islands 49.49%
Japan 48.71%
Bahamas 48.29%
Israel 47.37%
Panama 45.79%
Guam 45.26%
Uruguay 45.09%
UAE 45.07%
Estonia 44.75%
Barbados 42.59%
Cyprus 42.32%
Bahrain 40.86%
France 40.33%
Macao 39.60%
Brunei 38.53%
French Polynesia 38.36%
Singapore 37.75%
Argentina 37.43%
Trinidad and Tobago 36.46%
Lithuania 36.31%
Oman 36.12%
Latvia 36.09%
Slovenia 35.89%
New Caledonia 35.69%
Croatia 34.98%
Virgin Islands (U.S.) 33.49%
Luxembourg 33.42%
Spain 32.71%
Hong Kong 31.94%
Belgium 31.10%
Portugal 31.10%
Poland 31.08%
Hungary 30.82%
Chile 29.68%
South Korea 28.86%
Czech Republic 27.60%
Saudi Arabia 27.46%
Slovak Republic 26.59%
Italy 26.00%
Kuwait 24.11%
Greece 23.49%
Puerto Rico 23.02%
Seychelles 0.00%
Andorra 0.00%
Curacao 0.00%
Sint Maarten (Dutch part) 0.00%
Aruba 0.00%
Greenland 0.00%
British Virgin Islands 0.00%
Northern Mariana Islands 0.00%
Gibraltar 0.00%
Liechtenstein 0.00%
Palau 0.00%
San Marino 0.00%
Antigua and Barbuda 0.00%
Isle of Man 0.00%
Faroe Islands 0.00%
Monaco 0.00%
Turks and Caicos Islands 0.00%
Bermuda 0.00%
Cayman Islands 0.00%
St. Kitts and Nevis 0.00%
St. Martin (French part) 0.00%
Iceland Labor Force Participation Rate - Historical Data
Year Participation Rate for Ages 15-24 Annual Change
2022 77.93% 3.37%
2021 74.55% 1.69%
2020 72.86% -5.72%
2019 78.58% -1.74%
2018 80.32% -1.95%
2017 82.27% -0.76%
2016 83.03% 2.86%
2015 80.17% 1.99%
2014 78.18% 0.12%
2013 78.06% 2.35%
2012 75.71% 2.63%
2011 73.08% -0.58%
2010 73.66% 0.53%
2009 73.13% -5.04%
2008 78.17% -1.70%
2007 79.87% 1.22%
2006 78.65% 2.54%
2005 76.11% -3.20%
2004 79.31% -1.02%
2003 80.34% 8.96%
2002 71.38% -8.54%
2001 79.91% 2.56%
2000 77.36% 5.53%
1999 71.83% -0.29%
1998 72.12% 6.20%
1997 65.93% 0.10%
1996 65.83% -4.49%
1995 70.32% 11.84%
1994 58.48% 0.31%
1993 58.17% -2.31%
1992 60.49% 1.00%
1991 59.48% 59.48%
1990 0.00% 0.00%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%