Long Term Unemployment Rate in Iceland decreased to 0.30 percent in 2017 from 0.50 percent in 2015. Long Term Unemployment Rate in Iceland averaged 0.61 percent from 2003 until 2017, reaching an all time high of 1.70 percent in 2011 and a record low of 0.10 percent in 2008.

Iceland Long Term Unemployment Rate
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Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.70 2.60 8.90 0.10 percent [+]
Employed Persons 201300.00 198900.00 201300.00 136600.00 [+]
Unemployed Persons 3600.00 5400.00 16200.00 100.00 [+]
Labor Force Participation Rate 81.60 81.70 85.60 77.50 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 6.00 13.50 21.10 3.10 percent [+]
Job Vacancies 159.00 146.00 1912.00 71.00 [+]
Wages 615000.00 555000.00 615000.00 380000.00 ISK/Month [+]
Wage Growth 3.30 3.50 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 36.60 44.10 47.50 28.00 Thousand [+]
Full Time Employment 150.00 139.40 150.00 97.00 Thousand [+]
Employment Rate 80.20 79.50 84.20 73.00 percent [+]


Iceland Long Term Unemployment Rate

In Iceland, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides the latest reported value for - Iceland Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Long Term Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.50 1.70 0.10 2003 - 2017 percent Yearly




Country Last
Spain 6.60 Jun/18
Italy 6.40 Jun/18
Euro Area 3.90 Jun/18
France 3.60 Jun/18
Turkey 2.30 Jun/18
Switzerland 1.80 Jun/18
Netherlands 1.60 Jun/18
Germany 1.40 Jun/18
United Kingdom 1.00 Jun/18
United States 0.84 Oct/18


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