Annual non-financial accounts by institutional sector (Revenue) in Iceland
Iceland: Annual non-financial accounts by institutional sector (Revenue) was -5,542 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
The most recent figure for annual non-financial accounts by institutional sector (revenue) in Iceland is -5,542 National currency, measured in 2024.
That represents a change of down 134.4% on the previous year and down 217.1% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Iceland peaked at 80,550 National currency in 2006 and was at its lowest, -157,227 National currency, in 2012.
That places Iceland 28th out of 28 countries with data for 2024, putting it in the bottom quarter.
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 | 421 National currency | — |
| 2001 | 4,449 National currency | +956.8% |
| 2002 | 12,547 National currency | +182.0% |
| 2003 | 13,914 National currency | +10.9% |
| 2004 | 9,527 National currency | -31.5% |
| 2005 | 54,322 National currency | +470.2% |
| 2006 | 80,550 National currency | +48.3% |
| 2007 | 32,043 National currency | -60.2% |
| 2008 | -114,962 National currency | -458.8% |
| 2009 | -1,907 National currency | -98.3% |
| 2010 | -32,059 National currency | +1581.1% |
| 2011 | 27,771 National currency | -186.6% |
| 2012 | -157,227 National currency | -666.2% |
| 2013 | 16,805 National currency | -110.7% |
| 2014 | 4,734 National currency | -71.8% |
| 2015 | 14,250 National currency | +201.0% |
| 2016 | 28,799 National currency | +102.1% |
| 2017 | 14,834 National currency | -48.5% |
| 2018 | 28,532 National currency | +92.3% |
| 2019 | 29,896 National currency | +4.8% |
| 2020 | 8,992 National currency | -69.9% |
| 2021 | 19,922 National currency | +121.6% |
| 2022 | 414 National currency | -97.9% |
| 2023 | 16,093 National currency | +3787.2% |
| 2024 | -5,542 National currency | -134.4% |
Iceland compared with similar countries
- Iceland's -5,542 National currency is below the median for high income countries, which is 16,902 National currency. (25 countries reporting)
- Iceland's -5,542 National currency is below the median for Europe & Central Asia, which is 16,902 National currency. (19 countries reporting)
Biggest year-on-year movements
Years where Annual non-financial accounts by institutional sector (Revenue) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +3787.2% | 414 National currency | 16,093 National currency |
| 2010 | -1581.1% | -1,907 National currency | -32,059 National currency |
| 2001 | +956.8% | 421 National currency | 4,449 National currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9,090 National currency | -114,962 National currency | 80,550 National currency | 10 |
| 2010s | -2,366 National currency | -157,227 National currency | 29,896 National currency | 10 |
| 2020s | 7,976 National currency | -5,542 National currency | 19,922 National currency | 5 |
Countries ranked near Iceland
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
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 -5,542 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 80,550 National currency in 2006.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Iceland?
- The lowest recorded value was -157,227 National currency in 2012.
- How does Iceland rank for annual non-financial accounts by institutional sector (revenue)?
- Iceland ranks 28th out of 28 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 down 217.1%. 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) — Reinvested earnings on FDI (excluding IF). 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