Age dependency ratio (% of working-age population) (UNICEF) in Iceland

Iceland: Age dependency ratio (% of working-age population) (UNICEF) was 50.17 in 2024. ▼ Falling

Latest (2024)
50.17
Change on year
up 0.0%
World rank
57th
of 74 countries
All-time high
76.01
in 1962
All-time low
48.08
in 2008
Years of data
65
1960–2024

Age dependency ratio in Iceland, 1960–2024

020406080196019922024

Source: UNICEF.

Analysis

Iceland recorded 50.17 for age dependency ratio in 2024.

Compared with earlier readings it is down 1.8% over ten years.

Over the whole period, age dependency ratio in Iceland peaked at 76.01 in 1962 and was at its lowest, 48.08, in 2008.

That places Iceland 57th out of 74 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 65 years of available data.

Age dependency ratio (% of working-age population) (UNICEF) in Iceland, year by year

Annual values for Age dependency ratio (% of working-age population) in Iceland, 1960 to 2024.
Year Value Change
1960 75.26 —
1961 75.81 +0.7%
1962 76.01 +0.3%
1963 75.95 -0.1%
1964 75.71 -0.3%
1965 75.29 -0.6%
1966 74.68 -0.8%
1967 73.98 -0.9%
1968 73.01 -1.3%
1969 71.89 -1.5%
1970 70.74 -1.6%
1971 69.49 -1.8%
1972 68.25 -1.8%
1973 67.17 -1.6%
1974 65.97 -1.8%
1975 64.55 -2.2%
1976 63.44 -1.7%
1977 62.44 -1.6%
1978 61.32 -1.8%
1979 60.41 -1.5%
1980 59.69 -1.2%
1981 58.89 -1.3%
1982 58.2 -1.2%
1983 57.84 -0.6%
1984 57.48 -0.6%
1985 57.1 -0.7%
1986 56.79 -0.5%
1987 56.21 -1.0%
1988 55.49 -1.3%
1989 55.2 -0.5%
1990 55.24 +0.1%
1991 55.16 -0.2%
1992 55.31 +0.3%
1993 55.67 +0.6%
1994 55.65 -0.0%
1995 55.4 -0.4%
1996 55.11 -0.5%
1997 54.73 -0.7%
1998 54.21 -0.9%
1999 53.77 -0.8%
2000 53.51 -0.5%
2001 53.33 -0.3%
2002 53.13 -0.4%
2003 52.69 -0.8%
2004 52.07 -1.2%
2005 51.02 -2.0%
2006 49.6 -2.8%
2007 48.47 -2.3%
2008 48.08 -0.8%
2009 48.59 +1.1%
2010 49.4 +1.7%
2011 49.89 +1.0%
2012 50.32 +0.9%
2013 50.74 +0.8%
2014 51.07 +0.7%
2015 51.22 +0.3%
2016 51.08 -0.3%
2017 50.55 -1.0%
2018 49.92 -1.2%
2019 49.64 -0.6%
2020 49.91 +0.5%
2021 50.36 +0.9%
2022 50.35 -0.0%
2023 50.16 -0.4%
2024 50.17 +0.0%

Iceland compared with similar countries

  • Iceland's 50.17 is below the median for high income countries, which is 53.8, 93% of the median. (42 countries reporting)
  • Iceland's 50.17 is below the median for Europe & Central Asia, which is 55.83, 90% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 74.76 71.89 76.01 10
1970s 65.38 60.41 70.74 10
1980s 57.29 55.2 59.69 10
1990s 55.02 53.77 55.67 10
2000s 51.05 48.08 53.51 10
2010s 50.38 49.4 51.22 10
2020s 50.19 49.91 50.36 5

Countries ranked near Iceland

  1. 54 Morocco 50.99 compare
  2. 55 Albania 50.97 compare
  3. 56 Tunisia 50.53 compare
  4. 58 Malta 49.8 compare
  5. 59 Armenia 49.12 compare
  6. 60 Ukraine 48.92 compare

See the full ranking of 74 places →

More population data for Iceland

All data for Iceland →

Frequently asked questions

What is age dependency ratio in Iceland?
Age dependency ratio in Iceland was 50.17 in 2024, according to UNICEF.
What is the highest age dependency ratio recorded in Iceland?
The highest recorded value was 76.01 in 1962.
What is the lowest age dependency ratio recorded in Iceland?
The lowest recorded value was 48.08 in 2008.
How does Iceland rank for age dependency ratio?
Iceland ranks 57th out of 74 countries with data for 2024.
Is age dependency ratio rising or falling in Iceland?
Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from UNICEF, published as part of Age dependency ratio (% of working-age population). Statizoid updates them automatically from the source API.

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Age dependency ratio in Iceland. Statizoid, drawing on UNICEF. Retrieved 11 November 2026, from https://population.statizoid.com/stat/age-dependency-ratio-percent-of-working-age-population-2/iceland/

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About this data

Indicator
Age dependency ratio (% of working-age population)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 4,780 data points, 1960–2024
Last refreshed