Economy
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · updated 2026-08-31
Iceland's unemployment rate stands at 5.8% as of 2026-08-31, unchanged from 5.8% in 2026-07-31. Historical data runs from 2003 to 2026 (284 observations).
In 2026-08-31, Iceland's unemployment rate was 5.8%, unchanged from 5.8% in 2026-07-31.
In 2026-07-31, Iceland's unemployment rate was 5.8%, up from 5.7% in 2026-06-30.
In 2026-06-30, Iceland's unemployment rate was 5.7%, unchanged from 5.7% in 2026-05-31.
In 2026-05-31, Iceland's unemployment rate was 5.7%, down from 5.8% in 2026-04-30.
In 2026-04-30, Iceland's unemployment rate was 5.8%, down from 5.9% in 2026-03-31.
| Date | Value | Change |
|---|---|---|
| 2026-08-31 | 5.8% | +0% |
| 2026-07-31 | 5.8% | +0.1% |
| 2026-06-30 | 5.7% | +0% |
| 2026-05-31 | 5.7% | -0.1% |
| 2026-04-30 | 5.8% | -0.1% |
| 2026-03-31 | 5.9% | +0% |
| 2026-02-28 | 5.9% | +0.2% |
| 2026-01-31 | 5.7% | +0.2% |
| 2025-12-31 | 5.5% | +0.3% |
| 2025-11-30 | 5.2% | +0.3% |
| 2025-10-31 | 4.9% | +0.4333% |
| 2025-09-30 | 4.47% | -0.0333% |
| 2025-08-31 | 4.5% | +0.3% |
| 2025-07-31 | 4.2% | +0.1% |
| 2025-06-30 | 4.1% | +0.1% |
| 2025-05-31 | 4% | +0% |
| 2025-04-30 | 4% | +0% |
| 2025-03-31 | 4% | -0.1% |
| 2025-02-28 | 4.1% | +0.1% |
| 2025-01-31 | 4% | +0.2% |
| 2024-12-31 | 3.8% | +0.1% |
| 2024-11-30 | 3.7% | +0% |
| 2024-10-31 | 3.7% | +0% |
| 2024-09-30 | 3.7% | +0.1% |
| 2024-08-31 | 3.6% | +0.1% |
| 2024-07-31 | 3.5% | +0% |
| 2024-06-30 | 3.5% | +0% |
| 2024-05-31 | 3.5% | +0% |
| 2024-04-30 | 3.5% | -0.0333% |
| 2024-03-31 | 3.53% | +0.0333% |
| 2024-02-29 | 3.5% | -0.1% |
| 2024-01-31 | 3.6% | -0.1% |
| 2023-12-31 | 3.7% | +0.1% |
| 2023-11-30 | 3.6% | +0% |
| 2023-10-31 | 3.6% | +0% |
| 2023-09-30 | 3.6% | +0.1% |
| 2023-08-31 | 3.5% | -0.1% |
| 2023-07-31 | 3.6% | +0.1333% |
| 2023-06-30 | 3.47% | -0.0333% |
| 2023-05-31 | 3.5% | +0.1% |
| 2023-04-30 | 3.4% | +0% |
| 2023-03-31 | 3.4% | +0% |
| 2023-02-28 | 3.4% | +0% |
| 2023-01-31 | 3.4% | -0.1% |
| 2022-12-31 | 3.5% | +0% |
| 2022-11-30 | 3.5% | +0% |
| 2022-10-31 | 3.5% | -0.1% |
| 2022-09-30 | 3.6% | -0.1% |
| 2022-08-31 | 3.7% | +0% |
| 2022-07-31 | 3.7% | +0% |
| 2022-06-30 | 3.7% | +0% |
| 2022-05-31 | 3.7% | -0.1% |
| 2022-04-30 | 3.8% | -0.2% |
| 2022-03-31 | 4% | -0.1% |
| 2022-02-28 | 4.1% | -0.1% |
| 2022-01-31 | 4.2% | -0.1% |
| 2021-12-31 | 4.3% | -0.2% |
| 2021-11-30 | 4.5% | -0.2% |
| 2021-10-31 | 4.7% | -0.2% |
| 2021-09-30 | 4.9% | -0.2% |
| 2021-08-31 | 5.1% | -0.4% |
| 2021-07-31 | 5.5% | -0.4% |
| 2021-06-30 | 5.9% | -0.4% |
| 2021-05-31 | 6.3% | -0.4% |
| 2021-04-30 | 6.7% | +0% |
| 2021-03-31 | 6.7% | +0% |
| 2021-02-28 | 6.7% | +0.1% |
| 2021-01-31 | 6.6% | +0% |
| 2020-12-31 | 6.6% | +0% |
| 2020-11-30 | 6.6% | +0.1% |
| 2020-10-31 | 6.5% | +0.2% |
| 2020-09-30 | 6.3% | +0.1% |
| 2020-08-31 | 6.2% | +0.2% |
| 2020-07-31 | 6% | +0.2% |
| 2020-06-30 | 5.8% | +0.2% |
| 2020-05-31 | 5.6% | +0.3% |
| 2020-04-30 | 5.3% | +0.4% |
| 2020-03-31 | 4.9% | +0.4% |
| 2020-02-29 | 4.5% | +0.2% |
| 2020-01-31 | 4.3% | +0.1% |
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's unemployment rate is 5.8% as of 2026-08-31, compared with 5.8% in 2026-07-31. Source: OECD (terms permit extract/distribute, incl. commercial, with citation).
The highest recorded value is 9% (2010-05-31); the lowest is 2.49% (2007-12-31), across data from 2003 to 2026.
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures are republished with attribution and updated as the source releases new observations.