Labor Force Participation Rate in Iceland increased to 79 percent in August from 78.70 percent in July of 2026. Labor Force Participation Rate in Iceland averaged 79.57 percent from 2003 until 2026, reaching an all time high of 83.40 percent in August of 2024 and a record low of 74.20 percent in April of 2020. source: Statistics Iceland



Related Last Previous Unit Reference
Employed Persons 217800.00 216600.00 Aug 2026
Employment Rate 73.70 73.50 percent Aug 2026
Labor Force Participation Rate 79.00 78.70 percent Aug 2026
Unemployed Persons 15900.00 14500.00 Aug 2026
Unemployment Rate 6.80 6.60 percent Aug 2026
Real Wage Growth 0.00 0.40 percent Aug 2026
Wages 982000.00 912000.00 ISK/Month Dec 2025
Youth Unemployment Rate 14.20 6.70 percent Aug 2026


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
79.00 78.70 83.40 74.20 2003 - 2026 percent Monthly
SA