Iceland Unemployment Rate
The share of the labour force that wants a job and is actively looking, but can't find one.
5.8%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full Iceland economy16 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Checked hourly against official sources.Unemployment Rate
Jan 2003 to Aug 2026
Source: OECD infra-annual labour statistics (DF_IALFS_UNE_M) · Statistics Iceland's labour force survey, unemployment rate, 15 and over, seasonally adjusted, monthly.
Iceland Unemployment Rate in context
Worked out from the published series shown above.
In Iceland, the unemployment rate rose by 1.3pp over the year to Aug 2026, from 4.5% in Aug 2025.
Over the past five years it has ranged from 3.4% in Jan 2023 to 5.9% in Feb 2026.
Its average since Jan 2003 is 4.8%, and the latest reading is above that.
Iceland is 26th of 62 countries in our Unemployment Rate by Country ranking.
How this series is defined
Everything you need to check the figure against the source.
- Source
- OECD
- Series
- infra-annual
- Frequency
- Monthly
- Unit
- %
- Seasonal adjustment
- Seasonally adjusted
- Latest observation
- Aug 2026
- Revision status
- Latest published estimate, subject to revision
Data refreshed 2026-10-16. Figures are the latest published observations and can be revised.
More Iceland indicators
Latest readings. Open any one for its full history.
Rankings
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