Labor force, total in Iceland

Iceland: Labor force, total was 242,507 in 2025. ▲ Rising

Latest (2025)
242,507
Change on year
up 1.5%
World rank
172nd
of 187 countries
All-time high
242,507
in 2025
All-time low
138,996
in 1990
Years of data
36
1990–2025

Labor force, total in Iceland, 1990–2025

050.0k100.0k150.0k200.0k250.0k1990200720251990: 139.0k1991: 141.0k1992: 143.8k1993: 144.5k1994: 146.6k1995: 153.0k1996: 151.7k1997: 151.8k1998: 157.1k1999: 162.1k2000: 168.0k2001: 170.3k2002: 169.8k2003: 172.7k2004: 172.8k2005: 175.1k2006: 183.3k2007: 189.7k2008: 191.9k2009: 188.5k2010: 187.8k2011: 187.4k2012: 188.9k2013: 192.6k2014: 197.9k2015: 202.4k2016: 208.0k2017: 212.4k2018: 216.6k2019: 221.4k2020: 219.1k2021: 222.5k2022: 232.2k2023: 236.2k2024: 238.9k2025: 242.5k

Source: International Labour Organization (ILO), type: estimates based on external database.

Analysis

In 2025, labor force, total in Iceland stood at 242,507. That is the highest value across all 36 years on record.

That represents a change of up 1.5% on the previous year and up 19.8% over ten years.

Over the whole period, labor force, total in Iceland peaked at 242,507 in 2025 and was at its lowest, 138,996, in 1990.

That places Iceland 172nd out of 187 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 36 years of available data.

Labor force, total in Iceland, year by year

Annual values for Labor force, total in Iceland, 1990 to 2025.
Year Value Change
1990 138,996
1991 140,969 +1.4%
1992 143,787 +2.0%
1993 144,512 +0.5%
1994 146,565 +1.4%
1995 152,961 +4.4%
1996 151,743 -0.8%
1997 151,778 +0.0%
1998 157,059 +3.5%
1999 162,052 +3.2%
2000 167,968 +3.7%
2001 170,262 +1.4%
2002 169,794 -0.3%
2003 172,652 +1.7%
2004 172,771 +0.1%
2005 175,134 +1.4%
2006 183,267 +4.6%
2007 189,668 +3.5%
2008 191,884 +1.2%
2009 188,521 -1.8%
2010 187,815 -0.4%
2011 187,361 -0.2%
2012 188,899 +0.8%
2013 192,559 +1.9%
2014 197,861 +2.8%
2015 202,438 +2.3%
2016 208,038 +2.8%
2017 212,416 +2.1%
2018 216,594 +2.0%
2019 221,428 +2.2%
2020 219,071 -1.1%
2021 222,546 +1.6%
2022 232,189 +4.3%
2023 236,225 +1.7%
2024 238,873 +1.1%
2025 242,507 +1.5%

Iceland compared with similar countries

  • Iceland's 242,507 is below the median for high income countries, which is 3.08 million, 8% of the median. (62 countries reporting)
  • Iceland's 242,507 is below the median for Europe & Central Asia, which is 3.31 million, 7% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 149,042 138,996 162,052 10
2000s 178,192 167,968 191,884 10
2010s 201,541 187,361 221,428 10
2020s 231,902 219,071 242,507 6

Countries ranked near Iceland

  1. 169 Djibouti 267,610 compare
  2. 170 Suriname 257,128 compare
  3. 171 Bahamas 245,159 compare
  4. 173 Brunei 237,763 compare
  5. 174 Cape Verde 226,448 compare
  6. 175 Belize 184,286 compare

See the full ranking of 235 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is labor force, total in Iceland?
Labor force, total in Iceland was 242,507 in 2025, according to International Labour Organization (ILO), type: estimates based on external database.
What is the highest labor force, total recorded in Iceland?
The highest recorded value was 242,507 in 2025.
What is the lowest labor force, total recorded in Iceland?
The lowest recorded value was 138,996 in 1990.
How does Iceland rank for labor force, total?
Iceland ranks 172nd out of 187 countries with data for 2025.
Is labor force, total rising or falling in Iceland?
Over the last ten years it is up 19.8%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Labour Organization (ILO), type: estimates based on external database, published as part of Labor force, total. Statizoid updates them automatically from the source API.

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Labor force, total in Iceland. Statizoid, drawing on International Labour Organization (ILO), type: estimates based on external database. Retrieved 23 September 2026, from https://education.statizoid.com/stat/labor-force-total/iceland/

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About this data

Indicator
Labor force, total
Source
International Labour Organization (ILO), type: estimates based on external database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,446 data points, 1990–2025
Last refreshed

Labor force comprises people ages 15 and older who supply labor for the production of goods and services during a specified period. It includes people who are currently employed and people who are unemployed but seeking work as well as first-time job-seekers. Not everyone who works is included, however. Unpaid workers, family workers, and students are often omitted, and some countries do not count members of the armed forces. Labor force size tends to vary during the year as seasonal workers enter and leave.