Average effective age of retirement for men in Iceland

Iceland: Average effective age of retirement for men was 68.1 years in 2018. ▬ Flat

Latest (2018)
68.1 years
Change on year
down 2.4%
World rank
11th
of 49 countries
All-time high
71.7 years
in 1991
All-time low
67.9 years
in 2004
Years of data
39
1980–2018

Average effective age of retirement for men in Iceland, 1980–2018

0204060801980199920181980: 70 years1981: 70.1 years1982: 70.1 years1983: 70.5 years1984: 70.6 years1985: 70.7 years1986: 70.8 years1987: 71.2 years1988: 71.1 years1989: 71.3 years1990: 71.4 years1991: 71.7 years1992: 71 years1993: 71 years1994: 70.6 years1995: 70.5 years1996: 70.9 years1997: 71.2 years1998: 70.5 years1999: 70.3 years2000: 70.3 years2001: 69.3 years2002: 69 years2003: 68.6 years2004: 67.9 years2005: 68.9 years2006: 69.2 years2007: 69.5 years2008: 69.1 years2009: 69.7 years2010: 68.4 years2011: 68.2 years2012: 68.2 years2013: 68.9 years2014: 69.4 years2015: 70.1 years2016: 69.7 years2017: 69.8 years2018: 68.1 years

Source: OECD (2018) – processed by Our World in Data. Measured in years.

Analysis

In 2018, average effective age of retirement for men in Iceland stood at 68.1 years.

That represents a change of down 2.4% on the previous year and down 1.4% over ten years.

Over the whole period, average effective age of retirement for men in Iceland peaked at 71.7 years in 1991 and was at its lowest, 67.9 years, in 2004.

Iceland ranks 11th of 49 countries on this measure, in the top quarter.

Average effective age of retirement for men in Iceland, year by year

Annual values for Average effective age of retirement for men in Iceland, 1980 to 2018.
Year years Change
1980 70 years —
1981 70.1 years +0.1%
1982 70.1 years +0.0%
1983 70.5 years +0.6%
1984 70.6 years +0.1%
1985 70.7 years +0.1%
1986 70.8 years +0.1%
1987 71.2 years +0.6%
1988 71.1 years -0.1%
1989 71.3 years +0.3%
1990 71.4 years +0.1%
1991 71.7 years +0.4%
1992 71 years -1.0%
1993 71 years +0.0%
1994 70.6 years -0.6%
1995 70.5 years -0.1%
1996 70.9 years +0.6%
1997 71.2 years +0.4%
1998 70.5 years -1.0%
1999 70.3 years -0.3%
2000 70.3 years +0.0%
2001 69.3 years -1.4%
2002 69 years -0.4%
2003 68.6 years -0.6%
2004 67.9 years -1.0%
2005 68.9 years +1.5%
2006 69.2 years +0.4%
2007 69.5 years +0.4%
2008 69.1 years -0.6%
2009 69.7 years +0.9%
2010 68.4 years -1.9%
2011 68.2 years -0.3%
2012 68.2 years +0.0%
2013 68.9 years +1.0%
2014 69.4 years +0.7%
2015 70.1 years +1.0%
2016 69.7 years -0.6%
2017 69.8 years +0.1%
2018 68.1 years -2.4%

Iceland compared with similar countries

  • Iceland's 68.1 years is above the median for high income countries, which is 64.9 years, 1.0× the median. (41 countries reporting)
  • Iceland's 68.1 years is above the median for Europe & Central Asia, which is 64.3 years, 1.1× the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 70.64 years 70 years 71.3 years 10
1990s 70.91 years 70.3 years 71.7 years 10
2000s 69.15 years 67.9 years 70.3 years 10
2010s 68.98 years 68.1 years 70.1 years 9

Countries ranked near Iceland

  1. 8 Israel 69.4 years compare
  2. 9 Romania 68.8 years compare
  3. 10 Portugal 68.5 years compare
  4. 12 United States 67.9 years compare
  5. 13 Saudi Arabia 67.6 years compare
  6. 14 China 66.8 years compare

See the full ranking of 49 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is average effective age of retirement for men in Iceland?
Average effective age of retirement for men in Iceland was 68.1 years in 2018, according to OECD (2018) – processed by Our World in Data.
What is the highest average effective age of retirement for men recorded in Iceland?
The highest recorded value was 71.7 years in 1991.
What is the lowest average effective age of retirement for men recorded in Iceland?
The lowest recorded value was 67.9 years in 2004.
How does Iceland rank for average effective age of retirement for men?
Iceland ranks 11th out of 49 countries with data for 2018.
Is average effective age of retirement for men rising or falling in Iceland?
Over the last ten years it is down 1.4%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from OECD (2018) – processed by Our World in Data, published as part of Average effective age of retirement for men. Statizoid updates them automatically from the source API.

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Average effective age of retirement for men in Iceland. Statizoid, drawing on OECD (2018) – processed by Our World in Data. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/average-effective-retirement-men/iceland/

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About this data

Indicator
Average effective age of retirement for men
Unit
years
Source
OECD (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
49 places, 2,055 data points, 1970–2018
Last refreshed

Estimates are based on a weighted average of changes in labour force participation rates by age, for workers 40+