Iceland: Unemployment rate

(measure: percent, source: Statistics Iceland)

* indicates monthly or quarterly data series

Unemployment rate, percent in Iceland, October, 2019: For that indicator, Statistics Iceland provides data for Iceland from 1991 to 2019. The average value for Iceland during that period was 3.74 percent with a minimum of 0.9 percent in September 1991 and a maximum of 11.9 percent in May 2010. Click on the following link to see the values of Unemployment rate, percent around the world.

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Measure: percent
Source: Statistics Iceland

Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

Unemployment: structural, frictional, and cyclical