Key data points
Last release
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Observation period
Jul 2024
Next release
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Forecast
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Highest
9.40% on Apr 30, 2011
Lowest
0.10% on Sep 30, 1979
About Iceland unemployment rate
In Iceland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently Asked Questions
To calculate Iceland unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Iceland unemployment rate is 0.10%.
The highest figure Iceland unemployment rate has ever reached is 9.40%.
Last month Iceland unemployment rate was 2.60%, and the month before that it amounted to 2.90%.