Annual government non-financial accounts and key indicators in Iceland
Iceland: Annual government non-financial accounts and key indicators was 554,376 National currency in 2025. ◆ Volatile
Annual government non-financial accounts and key indicators in Iceland, 1998–2025
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Iceland recorded 554,376 National currency for annual government non-financial accounts and key indicators in 2025. That is the highest value across all 28 years on record.
The figure is up 11.9% on the previous year and up 121.3% over ten years.
Over the whole period, annual government non-financial accounts and key indicators in Iceland peaked at 554,376 National currency in 2025 and was at its lowest, 83,899 National currency, in 1998.
That places Iceland 13th out of 34 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government non-financial accounts and key indicators in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 1998 | 83,899 National currency | — |
| 1999 | 100,262 National currency | +19.5% |
| 2000 | 107,229 National currency | +6.9% |
| 2001 | 107,132 National currency | -0.1% |
| 2002 | 112,224 National currency | +4.8% |
| 2003 | 121,799 National currency | +8.5% |
| 2004 | 146,025 National currency | +19.9% |
| 2005 | 181,752 National currency | +24.5% |
| 2006 | 216,905 National currency | +19.3% |
| 2007 | 238,381 National currency | +9.9% |
| 2008 | 228,854 National currency | -4.0% |
| 2009 | 149,190 National currency | -34.8% |
| 2010 | 161,954 National currency | +8.6% |
| 2011 | 177,485 National currency | +9.6% |
| 2012 | 196,809 National currency | +10.9% |
| 2013 | 209,386 National currency | +6.4% |
| 2014 | 258,514 National currency | +23.5% |
| 2015 | 250,545 National currency | -3.1% |
| 2016 | 294,266 National currency | +17.5% |
| 2017 | 320,902 National currency | +9.1% |
| 2018 | 353,810 National currency | +10.3% |
| 2019 | 345,468 National currency | -2.4% |
| 2020 | 312,130 National currency | -9.7% |
| 2021 | 358,937 National currency | +15.0% |
| 2022 | 401,035 National currency | +11.7% |
| 2023 | 459,771 National currency | +14.6% |
| 2024 | 495,314 National currency | +7.7% |
| 2025 | 554,376 National currency | +11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 92,080 National currency | 83,899 National currency | 100,262 National currency | 2 |
| 2000s | 160,949 National currency | 107,132 National currency | 238,381 National currency | 10 |
| 2010s | 256,914 National currency | 161,954 National currency | 353,810 National currency | 10 |
| 2020s | 430,260 National currency | 312,130 National currency | 554,376 National currency | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is annual government non-financial accounts and key indicators in Iceland?
- Annual government non-financial accounts and key indicators in Iceland was 554,376 National currency in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government non-financial accounts and key indicators recorded in Iceland?
- The highest recorded value was 554,376 National currency in 2025.
- What is the lowest annual government non-financial accounts and key indicators recorded in Iceland?
- The lowest recorded value was 83,899 National currency in 1998.
- How does Iceland rank for annual government non-financial accounts and key indicators?
- Iceland ranks 13th out of 34 countries with data for 2025.
- Is annual government non-financial accounts and key indicators rising or falling in Iceland?
- Over the last ten years it is up 121.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government non-financial accounts and key indicators (Balancing items) — Balance of primary incomes, net / National income, net. Statizoid updates them automatically from the source API.
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About this data
This table presents the full sequence of non-financial accounts for the General Government sector and its sub-sectors from the production account to the capital account. It shows the balancing items and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenue)’ and ‘Annual government non-financial accounts and key indicators (Expenditure)’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. It is also possible to select the government sub-sectors – central, local and state (regional) government and social security funds – using the ‘Institutional sector’ filter.These indicators were presented in the previous dissemination system in the SNA_TABLE12 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org