Economic Outlook No 116 — Change in inventories, contributions to in Iceland

Iceland: Economic Outlook No 116 — Change in inventories, contributions to was 0 in 2026. ◆ Volatile

Latest (2026)
0
Change on year
down 95.3%
World rank
4th
of 37 countries
All-time high
0.0478
in 1961
All-time low
-0.0543
in 1972
Years of data
66
1961–2026

Economic Outlook No 116 — Change in inventories, contributions to in Iceland, 1961–2026

-0.05-0.025-00.0250.05196119932026

Source: Organisation for Economic Co-operation and Development.

Analysis

Iceland recorded 0 for economic outlook no 116 — change in inventories, contributions to in 2026.

The figure is down 95.3% on the previous year and down 99.2% over ten years.

Over the whole period, economic outlook no 116 — change in inventories, contributions to in Iceland peaked at 0.0478 in 1961 and was at its lowest, -0.0543, in 1972.

That places Iceland 4th out of 37 countries with data for 2026, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 116 — Change in inventories, contributions to in Iceland, year by year

Annual values for Economic Outlook No 116 — Change in inventories, contributions to changes in real GDP in Iceland, 1961 to 2026.
Year Value Change
1961 0.0478
1962 -0.0347 -172.6%
1963 -0.0219 -37.0%
1964 0.0047 -121.3%
1965 0.0241 +416.8%
1966 -0.0171 -170.9%
1967 -0.0057 -66.4%
1968 -0.0154 +168.0%
1969 0.0287 -286.5%
1970 -0.0146 -150.9%
1971 0.0309 -311.8%
1972 -0.0543 -275.7%
1973 0.0032 -106.0%
1974 0.0157 +384.6%
1975 0.0097 -38.4%
1976 -0.0331 -443.0%
1977 0.0284 -185.8%
1978 -0.0251 -188.1%
1979 0.0127 -150.5%
1980 -0.001 -108.1%
1981 0.0054 -624.8%
1982 0.0087 +60.3%
1983 -0.0406 -568.6%
1984 0.0244 -160.0%
1985 -0.0114 -147.0%
1986 -0.0099 -13.2%
1987 0.0114 -214.8%
1988 0.0048 -57.7%
1989 -0.0132 -374.3%
1990 0.0197 -249.1%
1991 0.0075 -61.9%
1992 -0.0069 -192.6%
1993 0.0019 -127.7%
1994 -0.0098 -609.5%
1995 0.0098 -200.0%
1996 0.0034 -65.5%
1997 0.0034 +1.6%
1998 0.0139 +304.7%
1999 -0.001 -107.5%
2000 0.0038 -467.0%
2001 -0.0161 -524.1%
2002 0.0015 -109.1%
2003 0.0024 +61.0%
2004 0.0046 +93.4%
2005 0.0025 -44.5%
2006 0.0144 +464.6%
2007 -0.0079 -154.9%
2008 -0.0098 +23.6%
2009 -0.0026 -72.9%
2010 -0.0021 -20.3%
2011 0.0025 -219.3%
2012 -0.0009 -137.6%
2013 0.0027 -386.6%
2014 -0.0025 -194.1%
2015 -0.0034 +31.7%
2016 0.0007 -120.8%
2017 0.002 +182.9%
2018 0.0012 -40.8%
2019 -0.0057 -588.2%
2020 0.01 -274.9%
2021 -0.0015 -115.6%
2022 -0.001 -33.2%
2023 0.0065 -729.8%
2024 -0.0035 -153.6%
2025 0.0001 -103.6%
2026 0 -95.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0012 -0.0347 0.0478 9
1970s -0.0027 -0.0543 0.0309 10
1980s -0.0022 -0.0406 0.0244 10
1990s 0.0042 -0.0098 0.0197 10
2000s -0.0007 -0.0161 0.0144 10
2010s -0.0006 -0.0057 0.0027 10
2020s 0.0015 -0.0035 0.01 7

Countries ranked near Iceland

  1. 1 Türkiye 0 compare
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  3. 2 Argentina 0 compare
  4. 2 Estonia 0 compare
  5. 3 Croatia -0 compare
  6. 3 Lithuania 0 compare
  7. 3 Slovenia 0 compare
  8. 3 Bulgaria 0 compare
  9. 3 Latvia 0 compare
  10. 3 Poland 0 compare
  11. 5 Ireland 0 compare
  12. 6 India 0 compare
  13. 7 Portugal 0 compare
  14. 7 Hungary 0 compare
  15. 7 Sweden 0 compare
  16. 7 Mexico 0 compare
  17. 7 Norway 0 compare
  18. 7 United Kingdom of Great Britain and Northern Ireland 0 compare
  19. 7 Canada 0 compare
  20. 7 Brazil 0 compare
  21. 7 Indonesia 0 compare
  22. 7 Chile 0 compare
  23. 7 Costa Rica 0 compare
  24. 7 New Zealand 0 compare
  25. 7 Austria 0 compare
  26. 7 Greece 0 compare
  27. 7 Israel 0 compare
  28. 7 Switzerland 0 compare
  29. 7 Luxembourg 0 compare
  30. 7 Finland 0 compare
  31. 7 Japan 0 compare
  32. 7 Italy 0 compare
  33. 7 Spain 0 compare
  34. 7 Belgium 0 compare
  35. 7 Czechia 0 compare
  36. 7 Denmark 0 compare
  37. 7 Germany 0 compare
  38. 7 France 0 compare
  39. 7 United States of America 0 compare

See the full ranking of 48 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is economic outlook no 116 — change in inventories, contributions to in Iceland?
Economic outlook no 116 — change in inventories, contributions to in Iceland was 0 in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 116 — change in inventories, contributions to recorded in Iceland?
The highest recorded value was 0.0478 in 1961.
What is the lowest economic outlook no 116 — change in inventories, contributions to recorded in Iceland?
The lowest recorded value was -0.0543 in 1972.
How does Iceland rank for economic outlook no 116 — change in inventories, contributions to?
Iceland ranks 4th out of 37 countries with data for 2026.
Is economic outlook no 116 — change in inventories, contributions to rising or falling in Iceland?
Over the last ten years it is down 99.2%. 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 Economic Outlook No 116 — Change in inventories, contributions to changes in real GDP. Statizoid updates them automatically from the source API.

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Economic Outlook No 116 — Change in inventories, contributions to in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-116-change-in-inventories-contributions-to-changes-in-real-gdp/iceland/

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About this data

Indicator
Economic Outlook No 116 — Change in inventories, contributions to changes in real GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 2,364 data points, 1960–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org