Long Term Unemployment Rate in Iceland decreased to 0.90 percent in 2025 from 1 percent in 2025. Long Term Unemployment Rate in Iceland averaged 0.88 percent from 2003 until 2025, 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 -0.10 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 and -0.70 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Time Employment 161.70 175.30 Thousand Dec 2025
Long Term Unemployment Rate 0.90 1.00 percent Dec 2025
Part Time Employment 47.70 42.10 Thousand Dec 2025
Population 0.39 0.38 Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.00 1.90 0.10 2003 - 2025 percent Yearly