Iceland Labor Force Participation Rate 1990-2024

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 78.63%, a 4.07% 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 78.63%
Netherlands 72.22%
Australia 70.90%
New Zealand 66.18%
Switzerland 65.41%
Qatar 65.04%
Canada 64.39%
Norway 63.85%
Denmark 61.49%
Austria 57.04%
Sweden 56.75%
Malta 56.59%
Ireland 54.81%
Finland 53.68%
Germany 53.47%
United Kingdom 51.59%
United States 50.55%
Bahamas 50.08%
Japan 49.19%
Channel Islands 49.02%
UAE 47.75%
Estonia 46.11%
Panama 45.41%
Guam 44.99%
Uruguay 44.93%
Israel 44.61%
Macao 43.05%
Barbados 42.99%
Cyprus 41.49%
Bahrain 41.35%
France 40.39%
Brunei 39.74%
French Polynesia 38.61%
Oman 37.93%
Singapore 37.08%
Trinidad and Tobago 37.04%
Lithuania 36.99%
Argentina 36.81%
Slovenia 36.16%
New Caledonia 36.12%
Croatia 35.79%
Latvia 35.66%
Hong Kong 35.07%
Virgin Islands (U.S.) 33.27%
Spain 33.13%
Luxembourg 32.37%
Poland 31.42%
Belgium 30.83%
Hungary 30.37%
Portugal 30.33%
Chile 29.16%
South Korea 29.00%
Czech Republic 28.11%
Slovak Republic 27.38%
Italy 26.11%
Kuwait 25.64%
Puerto Rico 23.40%
Greece 22.67%
Saudi Arabia 20.70%
Iceland Labor Force Participation Rate - Historical Data
Year Participation Rate for Ages 15-24 Annual Change
2022 78.63% 4.07%
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% 0.48%
1990 59.00% 0.48%