Key data points
Last release
—
Observation period
Jul 2026
Next release
—
Forecast
—
Highest
9.40 %on Apr 30, 2011
Lowest
0.10 %on Aug 31, 1973
Indicator info
In Iceland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently asked questions
To calculate Iceland unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Iceland unemployment rate is 0.10%.
The highest figure Iceland unemployment rate has ever reached is 9.40%.
Last month Iceland unemployment rate was 6.30%, and the month before it reached 5.10%.