EU 6.25
· European ranking
24 / 34
Up 6 positions compared with previous year
Iceland: Unemployment rate
An editorial snapshot of country living conditions with trend, regional spread, and context links.
Latest value
· 2025
4.50% of labour force
EU 6.25 · -1.8 pp vs Europe
What this indicator measures
Measures unemployed people as a percentage of the labour force aged 15 to 74.
Lower values generally represent a more favorable situation.
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Internal regions
No regional breakdown available for this indicator.
More context on this indicator
At a glance
Iceland performs more favourably than the European benchmark on Unemployment rate, with a moderate gap. The trend context points to recent departure from stability.
European comparison in Iceland
In Iceland, Unemployment rate is noticeably better than the European benchmark: 4.5% versus 6.3% in 2025, with a gap of 1.8 percentage points.
Recent trend
In Iceland, the medium-term pattern is broadly stable: the value moved from 5.50% in 2020 to 4.50% in 2025. The primary pattern was broadly stable, but the latest step, from 3.60% in 2024 to 4.50% in 2025, departs from that stability with a deterioration.