Labor Force Participation Rate in Iceland decreased to 79.80 percent in June from 80.70 percent in May of 2022. source: Statistics Iceland

Labor Force Participation Rate in Iceland averaged 80 percent from 2003 until 2022, reaching an all time high of 83.50 percent in March of 2017 and a record low of 74.30 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 August 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.

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.

Please Paste this Code in your Website
Iceland Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 4.00 3.50 percent Jun 2022
Employed Persons 209200.00 209700.00 Jun 2022
Unemployed Persons 8700.00 7500.00 Jun 2022
Labor Force Participation Rate 79.80 80.70 percent Jun 2022
Youth Unemployment Rate 10.20 8.50 percent Jun 2022
Wages 731000.00 695000.00 ISK/Month Dec 2020
Wage Growth 1.50 2.00 percent Jan 2022
Employment Rate 76.60 78.00 percent Jun 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
79.80 80.70 83.50 74.30 2003 - 2022 percent Monthly