Iceland - labor force participation rate 2011-2021

In 2021, the labor participation rate among the total population aged between 15 and 64 in Iceland remained nearly unchanged at around 84.86 percent. Still, 2021 marked the fifth consecutive decline of the labor participation rate.
The labor force participation rate is the share of the population aged 15 and over who are currently employed or actively searching for work. It is calculated by dividing the economically active population aged 15 and over by the total population aged 15 and over.

Find more statistics on other topics about Iceland with key insights such as youth unemployment rate.

Iceland: Labor force participation rate from 2011 to 2021

Characteristic	Labor force participation rate
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Release date

September 2023

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Region

Iceland

Survey time period

2011 to 2021

Supplementary notes

The labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.

Figures represent a modeled ILO estimate.

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