Labor Force Participation Rate in Iceland decreased to 80.50 percent in December from 81.20 percent in November of 2025. Labor Force Participation Rate in Iceland averaged 80.21 percent from 2003 until 2025, reaching an all time high of 84.40 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 223400.00 221800.00 Dec 2025
Employment Rate 76.90 75.60 percent Dec 2025
Labor Force Participation Rate 80.50 81.20 percent Dec 2025
Unemployed Persons 10500.00 16400.00 Dec 2025
Unemployment Rate 4.50 6.90 percent Dec 2025
Real Wage Growth 2.40 3.60 percent Dec 2025
Wages 909000.00 867000.00 ISK/Month Dec 2024
Youth Unemployment Rate 10.80 13.50 percent Dec 2025


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
80.50 81.20 84.40 74.00 2003 - 2025 percent Monthly
SA