Annual non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) was 528,708 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
The most recent figure for annual non-financial accounts by institutional sector (revenue) in Iceland is 528,708 National currency, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 11.7% on the previous year and up 130.1% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Iceland peaked at 528,708 National currency in 2024 and was at its lowest, 100,964 National currency, in 2001.
That places Iceland 12th out of 30 countries with data for 2024, putting it 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 | 103,109 National currency | — |
| 2001 | 100,964 National currency | -2.1% |
| 2002 | 107,927 National currency | +6.9% |
| 2003 | 117,448 National currency | +8.8% |
| 2004 | 138,912 National currency | +18.3% |
| 2005 | 166,104 National currency | +19.6% |
| 2006 | 189,500 National currency | +14.1% |
| 2007 | 201,145 National currency | +6.1% |
| 2008 | 189,266 National currency | -5.9% |
| 2009 | 171,215 National currency | -9.5% |
| 2010 | 180,991 National currency | +5.7% |
| 2011 | 193,381 National currency | +6.8% |
| 2012 | 209,806 National currency | +8.5% |
| 2013 | 216,780 National currency | +3.3% |
| 2014 | 229,773 National currency | +6.0% |
| 2015 | 251,841 National currency | +9.6% |
| 2016 | 279,188 National currency | +10.9% |
| 2017 | 312,914 National currency | +12.1% |
| 2018 | 326,856 National currency | +4.5% |
| 2019 | 322,469 National currency | -1.3% |
| 2020 | 309,164 National currency | -4.1% |
| 2021 | 357,476 National currency | +15.6% |
| 2022 | 415,104 National currency | +16.1% |
| 2023 | 473,432 National currency | +14.1% |
| 2024 | 528,708 National currency | +11.7% |
Iceland compared with similar countries
- Iceland's 528,708 National currency is above the median for high income countries, which is 238,262 National currency, 2.2× the median. (26 countries reporting)
- Iceland's 528,708 National currency is above the median for Europe & Central Asia, which is 224,480 National currency, 2.4× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 148,559 National currency | 100,964 National currency | 201,145 National currency | 10 |
| 2010s | 252,400 National currency | 180,991 National currency | 326,856 National currency | 10 |
| 2020s | 416,777 National currency | 309,164 National currency | 528,708 National currency | 5 |
Countries ranked near Iceland
- 9 Czechia 852,509 National currency compare
- 9 Latvia 5,259 National currency compare
- 10 Estonia 5,016 National currency compare
- 10 South Africa 783,283 National currency compare
- 11 Sweden 700,204 National currency compare
- 13 Germany 419,629 National currency compare
- 14 Denmark 357,706 National currency compare
- 15 France 324,655 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 528,708 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 528,708 National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was 100,964 National currency in 2001.
- 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 130.1%. 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) — Taxes on products. 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