Age dependency ratio young of working age population in Iceland

Iceland: Age dependency ratio young of working age population was 27.11 in 2023. ▼ Falling

Latest (2023)
27.11
Change on year
down 1.9%
World rank
152nd
of 236 countries
All-time high
61.51
in 1962
All-time low
27.11
in 2023
Years of data
74
1950–2023

Age dependency ratio young of working age population in Iceland, 1950–2023

0204060195019862023

Source: Our World in Data.

Analysis

Iceland recorded 27.11 for age dependency ratio young of working age population in 2023. That is the lowest value across all 74 years on record.

Compared with earlier readings it is down 1.9% on the previous year and down 12.6% over ten years.

Over the whole period, age dependency ratio young of working age population in Iceland peaked at 61.51 in 1962 and was at its lowest, 27.11, in 2023.

Iceland ranks 152nd of 236 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 74 years of available data.

Age dependency ratio young of working age population in Iceland, year by year

Annual values for Age dependency ratio young of working age population in Iceland, 1950 to 2023.
Year Value Change
1950 49.5 —
1951 50.7 +2.4%
1952 52.09 +2.7%
1953 53.54 +2.8%
1954 54.94 +2.6%
1955 56.38 +2.6%
1956 57.94 +2.8%
1957 59.09 +2.0%
1958 59.8 +1.2%
1959 60.54 +1.2%
1960 61.14 +1.0%
1961 61.46 +0.5%
1962 61.51 +0.1%
1963 61.33 -0.3%
1964 61.01 -0.5%
1965 60.49 -0.9%
1966 59.87 -1.0%
1967 59.2 -1.1%
1968 58.21 -1.7%
1969 56.99 -2.1%
1970 55.71 -2.2%
1971 54.39 -2.4%
1972 53.16 -2.3%
1973 52.11 -2.0%
1974 50.9 -2.3%
1975 49.47 -2.8%
1976 48.23 -2.5%
1977 47.05 -2.4%
1978 45.77 -2.7%
1979 44.73 -2.3%
1980 43.93 -1.8%
1981 43.15 -1.8%
1982 42.49 -1.5%
1983 42.09 -1.0%
1984 41.67 -1.0%
1985 41.16 -1.2%
1986 40.63 -1.3%
1987 39.91 -1.8%
1988 39.22 -1.7%
1989 38.88 -0.9%
1990 38.74 -0.4%
1991 38.52 -0.6%
1992 38.53 +0.0%
1993 38.68 +0.4%
1994 38.46 -0.6%
1995 37.95 -1.3%
1996 37.44 -1.3%
1997 36.92 -1.4%
1998 36.38 -1.5%
1999 35.98 -1.1%
2000 35.75 -0.7%
2001 35.55 -0.6%
2002 35.26 -0.8%
2003 34.79 -1.3%
2004 34.19 -1.7%
2005 33.32 -2.5%
2006 32.22 -3.3%
2007 31.33 -2.8%
2008 30.93 -1.3%
2009 31.05 +0.4%
2010 31.27 +0.7%
2011 31.23 -0.1%
2012 31.12 -0.3%
2013 31.04 -0.3%
2014 30.89 -0.5%
2015 30.54 -1.1%
2016 30.05 -1.6%
2017 29.44 -2.0%
2018 28.75 -2.3%
2019 28.24 -1.8%
2020 28.07 -0.6%
2021 28 -0.3%
2022 27.63 -1.3%
2023 27.11 -1.9%

Iceland compared with similar countries

  • Iceland's 27.11 is above the median for high income countries, which is 24.92, 1.1× the median. (85 countries reporting)
  • Iceland's 27.11 is above the median for Europe & Central Asia, which is 24.95, 1.1× the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 55.45 49.5 60.54 10
1960s 60.12 56.99 61.51 10
1970s 50.15 44.73 55.71 10
1980s 41.31 38.88 43.93 10
1990s 37.76 35.98 38.74 10
2000s 33.44 30.93 35.75 10
2010s 30.26 28.24 31.27 10
2020s 27.71 27.11 28.07 4

Countries ranked near Iceland

  1. 149 United Kingdom 27.48 compare
  2. 150 France 27.31 compare
  3. 151 Guadeloupe 27.24 compare
  4. 153 United States 27.08 compare
  5. 154 United States Virgin Islands 26.98 compare
  6. 155 Russia 26.59 compare

See the full ranking of 236 places →

More population data for Iceland

All data for Iceland →

Frequently asked questions

What is age dependency ratio young of working age population in Iceland?
Age dependency ratio young of working age population in Iceland was 27.11 in 2023, according to Our World in Data.
What is the highest age dependency ratio young of working age population recorded in Iceland?
The highest recorded value was 61.51 in 1962.
What is the lowest age dependency ratio young of working age population recorded in Iceland?
The lowest recorded value was 27.11 in 2023.
How does Iceland rank for age dependency ratio young of working age population?
Iceland ranks 152nd out of 236 countries with data for 2023.
Is age dependency ratio young of working age population rising or falling in Iceland?
Over the last ten years it is down 12.6%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Age dependency ratio young of working age population. Statizoid updates them automatically from the source API.

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Age dependency ratio young of working age population in Iceland. Statizoid, drawing on Our World in Data. Retrieved 11 November 2026, from https://population.statizoid.com/stat/age-dependency-ratio-young-of-working-age-population/iceland/

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About this data

Indicator
Age dependency ratio young of working age population
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
236 places, 17,464 data points, 1950–2023
Last refreshed