Labor Force Participation Rate in Iceland decreased to 80.50 percent in March from 81.50 percent in February of 2026. Labor Force Participation Rate in Iceland averaged 80.21 percent from 2003 until 2026, reaching an all time high of 84.40 percent in August of 2024 and a record low of 73.90 percent in April of 2020. source: Statistics Iceland



Related Last Previous Unit Reference
Employed Persons 220100.00 221500.00 Mar 2026
Employment Rate 75.40 75.80 percent Mar 2026
Labor Force Participation Rate 80.50 81.50 percent Mar 2026
Unemployed Persons 14700.00 16600.00 Mar 2026
Unemployment Rate 6.30 7.00 percent Mar 2026
Real Wage Growth 1.40 1.90 percent Mar 2026
Wages 909000.00 867000.00 ISK/Month Dec 2024
Youth Unemployment Rate 17.00 15.40 percent Mar 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
80.50 81.50 84.40 73.90 2003 - 2026 percent Monthly
SA