Labor Force Participation Rate in Iceland decreased to 80.60 percent in December from 82.20 percent in November of 2018. Labor Force Participation Rate in Iceland averaged 81.92 percent from 2003 until 2018, reaching an all time high of 85.60 percent in March of 2017 and a record low of 77.50 percent in November of 2011.

Iceland Labor Force Participation Rate
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Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.70 3.50 8.90 0.10 percent [+]
Employed Persons 200400.00 201200.00 201300.00 136600.00 [+]
Unemployed Persons 3400.00 7400.00 16200.00 100.00 [+]
Labor Force Participation Rate 80.60 82.20 85.60 77.50 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 8.40 4.00 21.20 3.10 percent [+]
Job Vacancies 92.00 47.00 1912.00 47.00 [+]
Wages 615000.00 555000.00 615000.00 380000.00 ISK/Month [+]
Wage Growth 3.20 3.00 11.60 -9.40 percent [+]
Population 0.35 0.34 0.35 0.17 Million [+]
Retirement Age Women 67.00 67.00 67.00 67.00 [+]
Retirement Age Men 67.00 67.00 67.00 67.00 [+]
Part Time Employment 36.30 36.60 47.50 28.00 Thousand [+]
Full Time Employment 155.20 150.00 155.20 97.00 Thousand [+]
Employment Rate 79.40 80.20 84.20 72.90 percent [+]


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. This page provides the latest reported value for - Iceland Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
80.60 82.20 85.60 77.50 2003 - 2018 percent Monthly
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Country Last Previous
United Kingdom 79.00 Oct/18
France 72.30 Dec/18
Netherlands 71.00 Dec/18
Indonesia 69.20 Dec/18
Switzerland 68.50 Sep/18
Singapore 67.70 Dec/17
Italy 65.70 Nov/18
Australia 65.60 Dec/18
Canada 65.60 Jan/19
United States 63.20 Jan/19
Russia 62.90 Dec/18
South Korea 61.90 Jan/19
Brazil 61.70 Dec/18
Germany 61.50 Sep/18
Japan 61.40 Dec/18
Mexico 59.50 Dec/18
South Africa 59.40 Dec/18
Spain 58.61 Dec/18
Euro Area 57.30 Sep/18
Saudi Arabia 56.40 Sep/18
Turkey 53.40 Nov/18
India 52.50 Dec/13
Argentina 46.70 Sep/18


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