Record Emigration of Icelanders in 2015? Skip to content

Record Emigration of Icelanders in 2015?

In all likelihood, more Icelanders will emigrate this year than most other years, reports. During the first nine months of the year, 3,120 Icelandic citizens left the country, that is, 1,130 more than moved here.

Only five times since 1961―in 1970, 1995, 2009, 2010, and 2011― has the number of those leaving exceeded that of those moving here by this much. All those years were in the wake of economic depression.

Right now, though, the economy is expanding. The Central Bank of Iceland predicts “continued growth in the labor market with decreasing unemployment and an increase in the number of jobs and total working hours.”

The trend is different among foreign citizens. During the first nine months of the year, the number of those who moved here exceeded that of those who left the country by 1,860, or by as much as all of last year.

There are indications that many people with university education are now leaving the country.

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