Annual non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) was 107,558 National currency in 2024. ▲ Rising
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
Iceland recorded 107,558 National currency for annual non-financial accounts by institutional sector (revenue) in 2024. That is the highest value across all 25 years on record.
The figure is up 5.9% on the previous year and up 15.8% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Iceland peaked at 107,558 National currency in 2024 and was at its lowest, 22,705 National currency, in 2000.
Iceland ranks 15th of 29 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Annual non-financial accounts by institutional sector (Revenue) in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 2000 | 22,705 National currency | — |
| 2001 | 29,996 National currency | +32.1% |
| 2002 | 30,033 National currency | +0.1% |
| 2003 | 34,200 National currency | +13.9% |
| 2004 | 46,654 National currency | +36.4% |
| 2005 | 85,623 National currency | +83.5% |
| 2006 | 49,407 National currency | -42.3% |
| 2007 | 55,327 National currency | +12.0% |
| 2008 | 47,028 National currency | -15.0% |
| 2009 | 67,496 National currency | +43.5% |
| 2010 | 74,921 National currency | +11.0% |
| 2011 | 82,510 National currency | +10.1% |
| 2012 | 82,810 National currency | +0.4% |
| 2013 | 82,255 National currency | -0.7% |
| 2014 | 92,915 National currency | +13.0% |
| 2015 | 76,595 National currency | -17.6% |
| 2016 | 74,587 National currency | -2.6% |
| 2017 | 74,538 National currency | -0.1% |
| 2018 | 76,901 National currency | +3.2% |
| 2019 | 81,570 National currency | +6.1% |
| 2020 | 87,202 National currency | +6.9% |
| 2021 | 86,221 National currency | -1.1% |
| 2022 | 93,679 National currency | +8.6% |
| 2023 | 101,558 National currency | +8.4% |
| 2024 | 107,558 National currency | +5.9% |
Iceland compared with similar countries
- Iceland's 107,558 National currency is above the median for high income countries, which is 57,300 National currency, 1.9× the median. (24 countries reporting)
- Iceland's 107,558 National currency is above the median for Europe & Central Asia, which is 48,930 National currency, 2.2× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Annual non-financial accounts by institutional sector (Revenue) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +83.5% | 46,654 National currency | 85,623 National currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46,847 National currency | 22,705 National currency | 85,623 National currency | 10 |
| 2010s | 79,960 National currency | 74,538 National currency | 92,915 National currency | 10 |
| 2020s | 95,244 National currency | 86,221 National currency | 107,558 National currency | 5 |
Countries ranked near Iceland
- 12 United Kingdom of Great Britain and Northern Ireland 135,243 National currency compare
- 13 France 134,387 National currency compare
- 14 Brazil 112,753 National currency compare
- 16 Czechia 68,558 National currency compare
- 17 Romania 65,669 National currency compare
- 18 Italy 48,930 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 107,558 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 107,558 National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was 22,705 National currency in 2000.
- How does Iceland rank for annual non-financial accounts by institutional sector (revenue)?
- Iceland ranks 15th out of 29 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 15.8%. The long-run trend across the full record is rising.
- 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) — Other investment income. 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