Long Term Unemployment Rate in Iceland remained unchanged at 0.60 percent in 2024 from 0.60 percent in 2024. Long Term Unemployment Rate in Iceland averaged 0.87 percent from 2003 until 2024, reaching an all time high of 1.90 percent in 2011 and a record low of 0.10 percent in 2008. source: EUROSTAT
Long Term Unemployment Rate in Iceland is expected to reach 0.40 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Long Term Unemployment Rate is projected to trend around 0.40 percent in 2027, according to our econometric models.