Labor Force Participation Rate in Iceland increased to 80.80 percent in May from 79.50 percent in April of 2022. source: Statistics Iceland

Labor Force Participation Rate in Iceland averaged 80 percent from 2003 until 2022, reaching an all time high of 82.90 percent in October of 2006 and a record low of 72.80 percent in April of 2020. This page provides the latest reported value for - Iceland Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2022.

Labor Force Participation Rate in Iceland is expected to be 81.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Labor Force Participation Rate is projected to trend around 81.75 percent in 2023, according to our econometric models.

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Iceland Labor Force Participation Rate



Related Last Previous Unit Reference
Unemployment Rate 3.50 2.50 percent May 2022
Employed Persons 209500.00 205900.00 May 2022
Unemployed Persons 7600.00 5300.00 May 2022
Labor Force Participation Rate 80.80 79.50 percent May 2022
Youth Unemployment Rate 9.70 10.70 percent Jan 2022
Wages 731000.00 695000.00 ISK/Month Dec 2020
Wage Growth 1.50 2.00 percent Jan 2022
Employment Rate 78.00 77.60 percent May 2022

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
80.80 79.50 82.90 72.80 2003 - 2022 percent Monthly
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