Annual non-financial accounts by institutional sector (Revenue) — Net in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) — Net was 622,376 National currency in 2024. ▲ Rising
Annual non-financial accounts by institutional sector (Revenue) — Net in Iceland, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Iceland recorded 622,376 National currency for annual non-financial accounts by institutional sector (revenue) — net in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 91.8% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) — net in Iceland peaked at 622,376 National currency in 2024 and was at its lowest, 93,339 National currency, in 2000.
Iceland ranks 14th of 32 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Annual non-financial accounts by institutional sector (Revenue) — Net in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 2000 | 93,339 National currency | — |
| 2001 | 104,796 National currency | +12.3% |
| 2002 | 117,703 National currency | +12.3% |
| 2003 | 127,429 National currency | +8.3% |
| 2004 | 150,638 National currency | +18.2% |
| 2005 | 216,081 National currency | +43.4% |
| 2006 | 195,237 National currency | -9.6% |
| 2007 | 220,351 National currency | +12.9% |
| 2008 | 211,262 National currency | -4.1% |
| 2009 | 227,321 National currency | +7.6% |
| 2010 | 260,366 National currency | +14.5% |
| 2011 | 283,489 National currency | +8.9% |
| 2012 | 283,596 National currency | +0.0% |
| 2013 | 297,737 National currency | +5.0% |
| 2014 | 324,409 National currency | +9.0% |
| 2015 | 328,553 National currency | +1.3% |
| 2016 | 355,590 National currency | +8.2% |
| 2017 | 385,860 National currency | +8.5% |
| 2018 | 436,087 National currency | +13.0% |
| 2019 | 449,061 National currency | +3.0% |
| 2020 | 442,507 National currency | -1.5% |
| 2021 | 477,147 National currency | +7.8% |
| 2022 | 543,480 National currency | +13.9% |
| 2023 | 592,561 National currency | +9.0% |
| 2024 | 622,376 National currency | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 166,416 National currency | 93,339 National currency | 227,321 National currency | 10 |
| 2010s | 340,475 National currency | 260,366 National currency | 449,061 National currency | 10 |
| 2020s | 535,614 National currency | 442,507 National currency | 622,376 National currency | 5 |
Countries ranked near Iceland
- 11 Brazil 1.01 million National currency compare
- 12 Germany 990,572 National currency compare
- 13 Sweden 683,002 National currency compare
- 15 South Africa 586,577 National currency compare
- 16 France 560,887 National currency compare
- 17 United Kingdom of Great Britain and Northern Ireland 420,340 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) — net in Iceland?
- Annual non-financial accounts by institutional sector (revenue) — net in Iceland was 622,376 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) — net recorded in Iceland?
- The highest recorded value was 622,376 National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) — net recorded in Iceland?
- The lowest recorded value was 93,339 National currency in 2000.
- How does Iceland rank for annual non-financial accounts by institutional sector (revenue) — net?
- Iceland ranks 14th out of 32 countries with data for 2024.
- Is annual non-financial accounts by institutional sector (revenue) — net rising or falling in Iceland?
- Over the last ten years it is up 91.8%. 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 Annual non-financial accounts by institutional sector (Revenue) — Net 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