Annual non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) was 125,832 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 125,832 National currency. That is the highest value across all 25 years on record.
That represents a change of up 10.5% on the previous year and up 47.6% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Iceland peaked at 125,832 National currency in 2024 and was at its lowest, 18,031 National currency, in 2000.
Iceland ranks 12th of 30 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 | 18,031 National currency | — |
| 2001 | 19,667 National currency | +9.1% |
| 2002 | 19,623 National currency | -0.2% |
| 2003 | 21,577 National currency | +10.0% |
| 2004 | 23,283 National currency | +7.9% |
| 2005 | 23,915 National currency | +2.7% |
| 2006 | 24,324 National currency | +1.7% |
| 2007 | 30,769 National currency | +26.5% |
| 2008 | 36,704 National currency | +19.3% |
| 2009 | 37,882 National currency | +3.2% |
| 2010 | 38,015 National currency | +0.4% |
| 2011 | 40,124 National currency | +5.5% |
| 2012 | 46,042 National currency | +14.7% |
| 2013 | 50,462 National currency | +9.6% |
| 2014 | 85,276 National currency | +69.0% |
| 2015 | 83,335 National currency | -2.3% |
| 2016 | 66,314 National currency | -20.4% |
| 2017 | 76,924 National currency | +16.0% |
| 2018 | 76,880 National currency | -0.1% |
| 2019 | 85,948 National currency | +11.8% |
| 2020 | 94,547 National currency | +10.0% |
| 2021 | 88,875 National currency | -6.0% |
| 2022 | 107,183 National currency | +20.6% |
| 2023 | 113,896 National currency | +6.3% |
| 2024 | 125,832 National currency | +10.5% |
Iceland compared with similar countries
- Iceland's 125,832 National currency is above the median for high income countries, which is 50,158 National currency, 2.5× the median. (26 countries reporting)
- Iceland's 125,832 National currency is above the median for Europe & Central Asia, which is 33,450 National currency, 3.8× the median. (20 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 |
|---|---|---|---|
| 2014 | +69.0% | 50,462 National currency | 85,276 National currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25,577 National currency | 18,031 National currency | 37,882 National currency | 10 |
| 2010s | 64,932 National currency | 38,015 National currency | 85,948 National currency | 10 |
| 2020s | 106,067 National currency | 88,875 National currency | 125,832 National currency | 5 |
Countries ranked near Iceland
- 9 Lithuania 540.57 National currency compare
- 9 South Africa 168,764 National currency compare
- 10 Canada 139,614 National currency compare
- 10 Estonia 532.7 National currency compare
- 11 France 129,022 National currency compare
- 13 Brazil 100,962 National currency compare
- 14 Czechia 71,457 National currency compare
- 15 Italy 64,154 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 125,832 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 125,832 National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was 18,031 National currency in 2000.
- How does Iceland rank for annual non-financial accounts by institutional sector (revenue)?
- Iceland ranks 12th out of 30 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 47.6%. 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) — Other taxes on production. 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