Annual non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) was 423,595 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
The most recent figure for annual non-financial accounts by institutional sector (revenue) in Iceland is 423,595 National currency, measured in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 14.1% on the previous year and up 163.3% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Iceland peaked at 423,595 National currency in 2024 and was at its lowest, 72,415 National currency, in 2001.
That places Iceland 8th out of 26 countries with data for 2024, 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 non-financial accounts by institutional sector (Revenue) in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 2000 | 72,668 National currency | — |
| 2001 | 72,415 National currency | -0.3% |
| 2002 | 76,747 National currency | +6.0% |
| 2003 | 81,881 National currency | +6.7% |
| 2004 | 96,955 National currency | +18.4% |
| 2005 | 113,895 National currency | +17.5% |
| 2006 | 132,586 National currency | +16.4% |
| 2007 | 138,601 National currency | +4.5% |
| 2008 | 135,468 National currency | -2.3% |
| 2009 | 121,427 National currency | -10.4% |
| 2010 | 123,695 National currency | +1.9% |
| 2011 | 131,057 National currency | +6.0% |
| 2012 | 142,814 National currency | +9.0% |
| 2013 | 149,828 National currency | +4.9% |
| 2014 | 160,871 National currency | +7.4% |
| 2015 | 183,674 National currency | +14.2% |
| 2016 | 205,435 National currency | +11.8% |
| 2017 | 233,951 National currency | +13.9% |
| 2018 | 244,624 National currency | +4.6% |
| 2019 | 243,285 National currency | -0.5% |
| 2020 | 233,732 National currency | -3.9% |
| 2021 | 277,808 National currency | +18.9% |
| 2022 | 323,469 National currency | +16.4% |
| 2023 | 371,255 National currency | +14.8% |
| 2024 | 423,595 National currency | +14.1% |
Iceland compared with similar countries
- Iceland's 423,595 National currency is above the median for high income countries, which is 135,989 National currency, 3.1× the median. (23 countries reporting)
- Iceland's 423,595 National currency is above the median for Europe & Central Asia, which is 135,989 National currency, 3.1× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 104,264 National currency | 72,415 National currency | 138,601 National currency | 10 |
| 2010s | 181,923 National currency | 123,695 National currency | 244,624 National currency | 10 |
| 2020s | 325,972 National currency | 233,732 National currency | 423,595 National currency | 5 |
Countries ranked near Iceland
- 5 Mexico 1.41 million National currency compare
- 5 Slovenia 5,350 National currency compare
- 6 Czechia 628,837 National currency compare
- 6 Latvia 3,845 National currency compare
- 7 Estonia 3,834 National currency compare
- 7 Sweden 579,440 National currency compare
- 9 Germany 310,694 National currency compare
- 10 Denmark 285,160 National currency compare
- 11 France 206,332 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 423,595 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 423,595 National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was 72,415 National currency in 2001.
- How does Iceland rank for annual non-financial accounts by institutional sector (revenue)?
- Iceland ranks 8th out of 26 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 163.3%. 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 non-financial accounts by institutional sector (Revenue) — Value added type taxes. 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