Job market in Reykjavik

Reykjavik, the capital of Iceland, presents a dynamic job market in 2024, characterized by robust economic growth and a diverse range of employment opportunities.The city's economy is bolstered by key industries such as tourism, technology, and renewable energy, which play a significant role in its economic landscape.Recent developments in infrastructure and a focus on sustainable energy have further enhanced Reykjavik's appeal as a hub for innovation and employment.The job market in Reykjavik is expected to grow steadily, with emerging sectors like tech and green energy leading the way.

Top Industries in Reykjavik

Reykjavik is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Reykjavik include:
Technology
The technology sector in Reykjavik is thriving, driven by innovation and a strong startup culture. Companies in this industry are actively seeking skilled professionals to fill roles in software development, data analysis, and IT support.
Range: $70-$150k
Growth rate: 15%
Some job openings:
Men & Mice is hiring: Software Developer, Network Engineer
CCP Games is hiring: Game Developer, Data Analyst
Tourism
Tourism remains a cornerstone of Reykjavik's economy, with a high demand for professionals in hospitality, travel management, and customer service. The industry is recovering and expanding post-pandemic, offering numerous job opportunities.
Range: $40-$80k
Growth rate: 10%
Some job openings:
Icelandair is hiring: Flight Attendant, Customer Service Agent
Reykjavik Excursions is hiring: Tour Guide, Operations Manager
Renewable Energy
Reykjavik is a leader in renewable energy, with significant investments in geothermal and hydroelectric power. This sector offers opportunities for engineers, project managers, and environmental scientists.
Range: $60-$120k
Growth rate: 12%
Some job openings:
Landsvirkjun is hiring: Project Engineer, Environmental Scientist
Orka Náttúrunnar is hiring: Energy Analyst, Sustainability Consultant
Healthcare
The healthcare industry in Reykjavik is expanding, with a focus on providing high-quality medical services and research. There is a growing need for healthcare professionals, including doctors, nurses, and medical researchers.
Range: $50-$100k
Growth rate: 8%
Some job openings:
Landspítali is hiring: Registered Nurse, Medical Researcher
Heilsuvera is hiring: General Practitioner, Healthcare Administrator

Employment Trends and Growth Rates

Reykjavik's employment trends in 2024 show a positive trajectory, with significant growth in technology and renewable energy sectors.

The city's job market is characterized by a low unemployment rate and a high demand for skilled professionals.

Income inequality remains a concern, with efforts underway to address disparities through policy and education.

Job turnover rates are relatively stable, with increased opportunities in emerging industries.

Job Market for Remote and Freelance Workers in Reykjavik

Remote work is gaining traction in Reykjavik, with approximately 35% of the workforce engaged in remote or hybrid roles.

The technology and creative sectors are leading the way in offering remote positions, with companies like CCP Games and Men & Mice providing flexible work options.

Local job boards and platforms are increasingly listing remote opportunities, reflecting a national trend towards flexible work arrangements.

Job Resources and Networking

Reykjavik offers a variety of job resources, including local job boards like Alfreð and Job.is, which provide listings for both local and remote positions.

Career fairs and networking events are regularly held, offering opportunities for job seekers to connect with potential employers.

The city also hosts several career development centers and workshops aimed at enhancing job search skills and employability.

Worldwide
Iceland

Property Prices Rankings

Reykjavik ranks 1st on the Property Prices rankings in Iceland.
The Property Prices Rankings for Iceland evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Reykjavik
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Reykjavik
Iceland
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