Quarterly non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Quarterly non-financial accounts by institutional sector (Revenue) was 545,438 National currency in 2025. ▲ Rising
Quarterly non-financial accounts by institutional sector (Revenue) in Iceland, 2002–2025
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Iceland recorded 545,438 National currency for quarterly non-financial accounts by institutional sector (revenue) in 2025. That is the highest value across all 24 years on record.
The figure is up 7.8% on the previous year and up 116.6% over ten years.
Over the whole period, quarterly non-financial accounts by institutional sector (revenue) in Iceland peaked at 545,438 National currency in 2025 and was at its lowest, 107,926 National currency, in 2002.
Iceland ranks 8th of 24 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Quarterly non-financial accounts by institutional sector (Revenue) in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 2002 | 107,926 National currency | — |
| 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 | 180,990 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 | 482,032 National currency | +16.1% |
| 2024 | 506,186 National currency | +5.0% |
| 2025 | 545,438 National currency | +7.8% |
Iceland compared with similar countries
- Iceland's 545,438 National currency is above the median for high income countries, which is 253,337 National currency, 2.2× the median. (21 countries reporting)
- Iceland's 545,438 National currency is above the median for Europe & Central Asia, which is 253,337 National currency, 2.2× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 160,190 National currency | 107,926 National currency | 201,145 National currency | 8 |
| 2010s | 252,400 National currency | 180,990 National currency | 326,856 National currency | 10 |
| 2020s | 435,900 National currency | 309,164 National currency | 545,438 National currency | 6 |
Countries ranked near Iceland
- 5 Czechia 852,509 National currency compare
- 5 Lithuania 9,442 National currency compare
- 6 South Africa 783,283 National currency compare
- 6 Slovenia 8,160 National currency compare
- 7 Latvia 5,632 National currency compare
- 7 Sweden 700,204 National currency compare
- 8 Estonia 5,016 National currency compare
- 9 Norway 465,204 National currency compare
- 10 Germany 419,629 National currency compare
- 11 Denmark 357,707 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 quarterly non-financial accounts by institutional sector (revenue) in Iceland?
- Quarterly non-financial accounts by institutional sector (revenue) in Iceland was 545,438 National currency in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest quarterly non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The highest recorded value was 545,438 National currency in 2025.
- What is the lowest quarterly non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was 107,926 National currency in 2002.
- How does Iceland rank for quarterly non-financial accounts by institutional sector (revenue)?
- Iceland ranks 8th out of 24 countries with data for 2025.
- Is quarterly non-financial accounts by institutional sector (revenue) rising or falling in Iceland?
- Over the last ten years it is up 116.6%. 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 Quarterly 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. 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 'Quarterly 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 QASA_TABLE801 dataset. Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide