Annual simplified non-financial accounts by institutional sector in Iceland
Iceland: Annual simplified non-financial accounts by institutional sector was 1.56 million National currency in 2024. ◆ Volatile
Annual simplified non-financial accounts by institutional sector in Iceland, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Iceland recorded 1.56 million National currency for annual simplified non-financial accounts by institutional sector in 2024.
That represents a change of down 0.2% on the previous year and up 100.2% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Iceland peaked at 1.56 million National currency in 2023 and was at its lowest, 234,614 National currency, in 2000.
Iceland ranks 15th of 33 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 simplified non-financial accounts by institutional sector in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 2000 | 234,614 National currency | — |
| 2001 | 288,873 National currency | +23.1% |
| 2002 | 305,344 National currency | +5.7% |
| 2003 | 292,466 National currency | -4.2% |
| 2004 | 318,691 National currency | +9.0% |
| 2005 | 330,473 National currency | +3.7% |
| 2006 | 367,323 National currency | +11.2% |
| 2007 | 422,249 National currency | +15.0% |
| 2008 | 600,128 National currency | +42.1% |
| 2009 | 715,267 National currency | +19.2% |
| 2010 | 734,038 National currency | +2.6% |
| 2011 | 730,534 National currency | -0.5% |
| 2012 | 738,304 National currency | +1.1% |
| 2013 | 767,144 National currency | +3.9% |
| 2014 | 777,307 National currency | +1.3% |
| 2015 | 869,145 National currency | +11.8% |
| 2016 | 936,221 National currency | +7.7% |
| 2017 | 893,806 National currency | -4.5% |
| 2018 | 936,400 National currency | +4.8% |
| 2019 | 1.06 million National currency | +12.9% |
| 2020 | 1.05 million National currency | -1.1% |
| 2021 | 1.19 million National currency | +14.1% |
| 2022 | 1.45 million National currency | +21.9% |
| 2023 | 1.56 million National currency | +7.3% |
| 2024 | 1.56 million National currency | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 387,543 National currency | 234,614 National currency | 715,267 National currency | 10 |
| 2010s | 844,015 National currency | 730,534 National currency | 1.06 million National currency | 10 |
| 2020s | 1.36 million National currency | 1.05 million National currency | 1.56 million National currency | 5 |
Countries ranked near Iceland
- 12 South Africa 3.26 million National currency compare
- 13 Sweden 2.24 million National currency compare
- 14 Germany 1.59 million National currency compare
- 16 Canada 1.30 million National currency compare
- 17 United Kingdom of Great Britain and Northern Ireland 1.16 million National currency compare
- 18 Australia 1.16 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is annual simplified non-financial accounts by institutional sector in Iceland?
- Annual simplified non-financial accounts by institutional sector in Iceland was 1.56 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Iceland?
- The highest recorded value was 1.56 million National currency in 2023.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Iceland?
- The lowest recorded value was 234,614 National currency in 2000.
- How does Iceland rank for annual simplified non-financial accounts by institutional sector?
- Iceland ranks 15th out of 33 countries with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Iceland?
- Over the last ten years it is up 100.2%. 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 simplified non-financial accounts by institutional sector (Balancing items) — Operating surplus and mixed income, gross. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This table presents the balancing items for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Expenditure)’ and ‘Annual simplified non-financial accounts by institutional sector (Revenue)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). 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. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 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