Managers, chairmen and members of Members of Board of Directors in Icelandic enterprises were 25.5% women at the end of 2014, which is an increase of 0.4 percentage points from last year. The proportion of women in Board of Directors ranged from 21,3% to 22,3% between 1999 and 2006, whereas it has been increasing since 2007.
The increase has primarily been within medium and large enterprises, with women being one third of board members in positions in enterprises of 50 or more persons employed, compared with 12.7% in 2007 and 9.5% in 1999. Recent legislation states that proportions of board members in medium and large enterprises should not be below 40% for either sex. Enterprises with fewer than 50 persons employed are nearly 98% of the total number of enterprises with paid workers in Iceland. Sex ratios of board members of smaller enterprises have shown little change over the past few years.
Proportion of women as managers and chairmen of the board in 2014 was 21.6% and 23.8%, respectively, in both cases a slight increase from 2013. Data on number of managers, chairmen and members of Board of Directors are presented by sex, by economic activity and by size of enterprises. Exhaustive dataset is available on the website of Statistics Iceland.