Iceland Unemployment Rate  Forecast


Iceland Unemployment Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.





Unemployment Rate in Iceland is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Iceland to stand at 2.90 in 12 months time. In the long-term, the Iceland Unemployment Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.


Iceland Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3.6 2.8 3.2 3.4 2.9 4
Employed Persons 195900 195091 195178 195060 194937 193869
Unemployed Persons 7300 6787 6718 6628 6540 5907
Labor Force Participation Rate 82.8 82.03 82.09 82.06 82.02 81.94
Long Term Unemployment Rate 0.5 0.51 0.51 0.51 0.51 0.53
Youth Unemployment Rate 6.1 8.93 8.54 8.58 8.75 9.41
Job Vacancies 150 261 322 367 394 433
Wages 553000 576885 581848 586810 591773 588699
Wage Growth 6 5.64 5.12 4.67 4.28 2.34
Population 0.34 0.34 0.34 0.34 0.34 0.36
Retirement Age Women 67 67 67 67 67 67
Retirement Age Men 67 67 67 67 67 67
Part Time Employment 37.7 44.56 45.27 38.52 37.49 41.02
Full Time Employment 148 134 133 139 140 133
Employment Rate 79.8 81.5 79.22 79.15 79.08 80.4