Labor Force Participation Rate in Iceland decreased to 82.10 percent in October from 83.10 percent in September of 2024. Labor Force Participation Rate in Iceland averaged 80.11 percent from 2003 until 2024, reaching an all time high of 83.50 percent in August of 2024 and a record low of 74.30 percent in April of 2020. source: Statistics Iceland




Related Last Previous Unit Reference
Employed Persons 231600.00 230400.00 Oct 2024
Employment Rate 79.40 79.10 percent Oct 2024
Labor Force Participation Rate 82.10 83.10 percent Oct 2024
Unemployed Persons 7900.00 11600.00 Oct 2024
Unemployment Rate 3.30 5.20 percent Oct 2024
Real Wage Growth 0.30 0.30 percent Nov 2024
Wages 868000.00 809000.00 ISK/Month Dec 2023
Youth Unemployment Rate 3.30 12.20 percent Nov 2024

Iceland Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.
Actual Previous Highest Lowest Dates Unit Frequency
82.10 83.10 83.50 74.30 2003 - 2024 percent Monthly
SA