Iceland

Country: Iceland

No statutory minimum wage – but pay and terms may never be lower than in the collective agreements, and you get at least 24 working days of holiday a year. 85.8% of people aged 20–64 have a job (EU: 76.1%) and unemployment is 4.5%. Find out where to look, how to register and get your ID number (kennitala), and how tax works.


published: 2014-09-03
last modification: 2026-10-03

Common questions about job applications and interviews

Key figures: Eurostat (population on 1 January 2026; unemployment and employment rates 2025; minimum wages July 2026); for the United Kingdom – Office for National Statistics; for Liechtenstein – national statistics. Country information: EURES – Living and working conditions, public employment services and the official government websites listed under each country. Rules, thresholds and amounts can change – check the official sources before you move. Updated: October 2026.

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