Annual non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) was 488,428 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
In 2024, annual non-financial accounts by institutional sector (revenue) in Iceland stood at 488,428 National currency. That is the highest value across all 25 years on record.
The figure is up 6.8% on the previous year and up 152.9% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Iceland peaked at 488,428 National currency in 2024 and was at its lowest, 53,731 National currency, in 2000.
Iceland ranks 11th of 27 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 non-financial accounts by institutional sector (Revenue) in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 2000 | 53,731 National currency | — |
| 2001 | 59,905 National currency | +11.5% |
| 2002 | 65,857 National currency | +9.9% |
| 2003 | 73,312 National currency | +11.3% |
| 2004 | 81,971 National currency | +11.8% |
| 2005 | 103,520 National currency | +26.3% |
| 2006 | 114,924 National currency | +11.0% |
| 2007 | 127,588 National currency | +11.0% |
| 2008 | 133,172 National currency | +4.4% |
| 2009 | 126,584 National currency | -4.9% |
| 2010 | 148,238 National currency | +17.1% |
| 2011 | 162,324 National currency | +9.5% |
| 2012 | 169,546 National currency | +4.4% |
| 2013 | 182,307 National currency | +7.5% |
| 2014 | 193,166 National currency | +6.0% |
| 2015 | 214,829 National currency | +11.2% |
| 2016 | 242,640 National currency | +12.9% |
| 2017 | 267,692 National currency | +10.3% |
| 2018 | 312,589 National currency | +16.8% |
| 2019 | 325,366 National currency | +4.1% |
| 2020 | 317,827 National currency | -2.3% |
| 2021 | 345,684 National currency | +8.8% |
| 2022 | 405,592 National currency | +17.3% |
| 2023 | 457,408 National currency | +12.8% |
| 2024 | 488,428 National currency | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94,057 National currency | 53,731 National currency | 133,172 National currency | 10 |
| 2010s | 221,870 National currency | 148,238 National currency | 325,366 National currency | 10 |
| 2020s | 402,988 National currency | 317,827 National currency | 488,428 National currency | 5 |
Countries ranked near Iceland
- 8 Czechia 851,679 National currency compare
- 9 Brazil 739,634 National currency compare
- 10 Sweden 520,484 National currency compare
- 12 Germany 439,543 National currency compare
- 13 France 402,199 National currency compare
- 14 United Kingdom of Great Britain and Northern Ireland 251,091 National currency compare
More social development data for Iceland
- Refugees under the mandate of the UNHCR by country or territory of 8,459 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 (2025)
- Political Rights Rating 1 (2025)
- Electoral democracy 1 (2025)
- Political rights rating fh, annual growth rate 0 % change on previous year (2025)
- Political rights rating fh, gaps filled 1 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0.0216 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 units per US$ of GDP (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 488,428 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 488,428 National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was 53,731 National currency in 2000.
- How does Iceland rank for annual non-financial accounts by institutional sector (revenue)?
- Iceland ranks 11th out of 27 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 152.9%. 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) — Employers' social contributions. 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