Iceland: Self-employment

* indicates monthly or quarterly data series
 Iceland

Self-employment, percent of total employment

 Latest value 13.67
 Year 2022
 Measure percent
 Data availability 1991 - 2022
 Average 15.77
 Min - Max 12.86 - 20.23
 Source The World Bank
For that indicator, we provide data for Iceland from 1991 to 2022. The average value for Iceland during that period was 15.77 percent with a minimum of 12.86 percent in 2020 and a maximum of 20.23 percent in 1991. The latest value from 2022 is 13.67 percent. For comparison, the world average in 2022 based on 179 countries is 40.56 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Iceland - Self-employment - Recent values chart

Historical chart
Iceland - Self-employment - historical chart - 1991-2022




Definition: Self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs." i.e. jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers include four sub-categories of employers, own-account workers, members of producers' cooperatives, and contributing family workers.


 Related indicators Latest value Reference Measure
 Labor force 0.23 2023 million people
 Unemployment rate 3.79 2022 percent
 Female unemployment 2.38 2023 percent
 Male unemployment 3.62 2023 percent
 Youth unemployment 6.55 2023 percent
 Labor force participation 74.39 2023 percent
 Labor force: percent female 45.95 2023 percent
 Female labor force participation 70.07 2023 percent
 Male labor force participation 78.51 2023 percent
 Self-employment 13.67 2022 percent
 Employment 0.22 Q3/2023 million employed people
 Unemployment rate 3.40 9/2023 percent
 Labor cost 134.80 Q3/2021 index points
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