Annual non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) was 4.48 million National currency in 2024. ◆ Volatile
Annual non-financial accounts by institutional sector (Revenue) in Iceland, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual non-financial accounts by institutional sector (revenue) in Iceland stood at 4.48 million National currency. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 115.9% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Iceland peaked at 4.48 million National currency in 2024 and was at its lowest, 695,697 National currency, in 2000.
Iceland ranks 15th of 32 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual non-financial accounts by institutional sector (Revenue) in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 2000 | 695,697 National currency | — |
| 2001 | 784,455 National currency | +12.8% |
| 2002 | 860,580 National currency | +9.7% |
| 2003 | 871,072 National currency | +1.2% |
| 2004 | 937,957 National currency | +7.7% |
| 2005 | 1.04 million National currency | +10.5% |
| 2006 | 1.16 million National currency | +12.3% |
| 2007 | 1.34 million National currency | +14.9% |
| 2008 | 1.30 million National currency | -2.5% |
| 2009 | 1.36 million National currency | +4.4% |
| 2010 | 1.44 million National currency | +5.6% |
| 2011 | 1.57 million National currency | +9.1% |
| 2012 | 1.70 million National currency | +8.8% |
| 2013 | 1.96 million National currency | +15.2% |
| 2014 | 2.08 million National currency | +5.8% |
| 2015 | 2.30 million National currency | +10.8% |
| 2016 | 2.59 million National currency | +12.5% |
| 2017 | 2.67 million National currency | +3.2% |
| 2018 | 2.90 million National currency | +8.5% |
| 2019 | 3.12 million National currency | +7.5% |
| 2020 | 3.05 million National currency | -2.1% |
| 2021 | 3.30 million National currency | +8.0% |
| 2022 | 3.86 million National currency | +17.2% |
| 2023 | 4.29 million National currency | +11.0% |
| 2024 | 4.48 million National currency | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.03 million National currency | 695,697 National currency | 1.36 million National currency | 10 |
| 2010s | 2.23 million National currency | 1.44 million National currency | 3.12 million National currency | 10 |
| 2020s | 3.80 million National currency | 3.05 million National currency | 4.48 million National currency | 5 |
Countries ranked near Iceland
- 12 South Africa 7.46 million National currency compare
- 13 Sweden 6.86 million National currency compare
- 14 Germany 4.57 million National currency compare
- 16 Canada 3.20 million National currency compare
- 17 Denmark 3.16 million National currency compare
- 18 France 2.93 million National currency compare
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 non-financial accounts by institutional sector (revenue) in Iceland?
- Annual non-financial accounts by institutional sector (revenue) in Iceland was 4.48 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The highest recorded value was 4.48 million National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was 695,697 National currency in 2000.
- How does Iceland rank for annual non-financial accounts by institutional sector (revenue)?
- Iceland ranks 15th out of 32 countries with data for 2024.
- Is annual non-financial accounts by institutional sector (revenue) rising or falling in Iceland?
- Over the last ten years it is up 115.9%. 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 non-financial accounts by institutional sector (Revenue) — Disposable income, gross. 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 in the national accounts from the production account to the capital account. The sequence of non-financial accounts is presented for the economy of each country (or area) as a whole and also for its sectors: Non-financial Corporations, Financial Corporations, General Government, Households and Non-profit institutions serving households (NPISHs) and for the Rest of the world account. For the General Government sector property income, other current transfers and capital transfers are consolidated. This table presents the Revenue (or Resources) side of the accounts, including the balancing items. It is designed to be used in conjunction with the table entitled 'Annual non-financial accounts by institutional sector (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. These indicators were presented in the previous dissemination system in the SNA_TABLE14a dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org