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Labor force participation rate by sex and age in Iceland

Iceland: Labor force participation rate by sex and age was 1.0% in 2023. ◆ Volatile

Latest (2023)
1.0%
Change on year
unchanged
World rank
1st
of 216 countries
All-time high
1.0%
in 2010
All-time low
0.0%
in 2004
Years of data
20
2004–2023

Labor force participation rate by sex and age in Iceland, 2004–2023

00.20.40.60.812004201320232004: 0 %2005: 0 %2006: 0 %2007: 0 %2008: 0 %2009: 0 %2010: 1 %2011: 1 %2012: 1 %2013: 1 %2014: 1 %2015: 1 %2016: 1 %2017: 1 %2018: 1 %2019: 1 %2020: 1 %2021: 1 %2022: 1 %2023: 1 %

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in %.

Analysis

Iceland recorded 1.0% for labor force participation rate by sex and age in 2023. That is the highest value across all 20 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, labor force participation rate by sex and age in Iceland peaked at 1.0% in 2010 and was at its lowest, 0.0%, in 2004.

Iceland ranks 1st of 216 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0% 0.0% 0.0% 6
2010s 1.0% 1.0% 1.0% 10
2020s 1.0% 1.0% 1.0% 4

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See the full ranking of 217 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is labor force participation rate by sex and age in Iceland?
Labor force participation rate by sex and age in Iceland was 1.0% in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest labor force participation rate by sex and age recorded in Iceland?
The highest recorded value was 1.0% in 2010.
What is the lowest labor force participation rate by sex and age recorded in Iceland?
The lowest recorded value was 0.0% in 2004.
How does Iceland rank for labor force participation rate by sex and age?
Iceland ranks 1st out of 216 countries with data for 2023.
Is labor force participation rate by sex and age rising or falling in Iceland?
Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Labor force participation rate by sex and age (%). Statizoid updates them automatically from the source API.

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Labor force participation rate by sex and age in Iceland. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 22 August 2026, from https://reference.statizoid.com/stat/labor-force-participation-rate-by-sex-and-age-percent/iceland/

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About this data

Indicator
Labor force participation rate by sex and age (%)
Unit
%
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 4,340 data points, 2004–2023
Last refreshed

Labor force participation data for use by ILO