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.