Labor Force Participation Rate in Iceland decreased to 78.40 percent in June from 80.80 percent in May of 2026. Labor Force Participation Rate in Iceland averaged 80.21 percent from 2003 until 2026, reaching an all time high of 84.50 percent in August of 2024 and a record low of 74.00 percent in April of 2020. source: Statistics Iceland



Related Last Previous Unit Reference
Employed Persons 218100.00 220400.00 Jun 2026
Employment Rate 74.40 76.30 percent Jun 2026
Labor Force Participation Rate 78.40 80.80 percent Jun 2026
Unemployed Persons 11500.00 13100.00 Jun 2026
Unemployment Rate 5.00 5.60 percent Jun 2026
Real Wage Growth 0.50 0.80 percent Jun 2026
Wages 982000.00 912000.00 ISK/Month Dec 2025
Youth Unemployment Rate 12.00 13.00 percent Jun 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
78.40 80.80 84.50 74.00 2003 - 2026 percent Monthly
SA