Annual government non-financial accounts and key indicators in Iceland
Iceland: Annual government non-financial accounts and key indicators was -120,104 National currency in 2025. ◆ Volatile
Annual government non-financial accounts and key indicators in Iceland, 1998–2025
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government non-financial accounts and key indicators in Iceland is -120,104 National currency, measured in 2025.
The figure is up 37.6% on the previous year and down 3,456.2% over ten years.
Over the whole period, annual government non-financial accounts and key indicators in Iceland peaked at 323,427 National currency in 2016 and was at its lowest, -265,280 National currency, in 2021.
Iceland ranks 21st of 36 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 government non-financial accounts and key indicators in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 1998 | -3,374 National currency | — |
| 1999 | 8,587 National currency | -354.5% |
| 2000 | 10,296 National currency | +19.9% |
| 2001 | -2,167 National currency | -121.0% |
| 2002 | -19,037 National currency | +778.5% |
| 2003 | -19,974 National currency | +4.9% |
| 2004 | 3,219 National currency | -116.1% |
| 2005 | 53,576 National currency | +1564.6% |
| 2006 | 79,640 National currency | +48.7% |
| 2007 | 78,307 National currency | -1.7% |
| 2008 | -192,391 National currency | -345.7% |
| 2009 | -138,889 National currency | -27.8% |
| 2010 | -111,578 National currency | -19.7% |
| 2011 | -114,602 National currency | +2.7% |
| 2012 | -48,405 National currency | -57.8% |
| 2013 | -17,388 National currency | -64.1% |
| 2014 | 12,461 National currency | -171.7% |
| 2015 | -3,377 National currency | -127.1% |
| 2016 | 323,427 National currency | -9676.5% |
| 2017 | 34,170 National currency | -89.4% |
| 2018 | 30,166 National currency | -11.7% |
| 2019 | -44,333 National currency | -247.0% |
| 2020 | -262,883 National currency | +493.0% |
| 2021 | -265,280 National currency | +0.9% |
| 2022 | -150,701 National currency | -43.2% |
| 2023 | -92,638 National currency | -38.5% |
| 2024 | -192,380 National currency | +107.7% |
| 2025 | -120,104 National currency | -37.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,607 National currency | -3,374 National currency | 8,587 National currency | 2 |
| 2000s | -14,742 National currency | -192,391 National currency | 79,640 National currency | 10 |
| 2010s | 6,054 National currency | -114,602 National currency | 323,427 National currency | 10 |
| 2020s | -180,664 National currency | -265,280 National currency | -92,638 National currency | 6 |
Countries ranked near Iceland
- 18 Sweden -89,415 National currency compare
- 19 Australia -109,973 National currency compare
- 20 Germany -119,147 National currency compare
- 22 Romania -151,063 National currency compare
- 23 France -152,511 National currency compare
- 24 United Kingdom of Great Britain and Northern Ireland -157,482 National currency compare
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is annual government non-financial accounts and key indicators in Iceland?
- Annual government non-financial accounts and key indicators in Iceland was -120,104 National currency in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government non-financial accounts and key indicators recorded in Iceland?
- The highest recorded value was 323,427 National currency in 2016.
- What is the lowest annual government non-financial accounts and key indicators recorded in Iceland?
- The lowest recorded value was -265,280 National currency in 2021.
- How does Iceland rank for annual government non-financial accounts and key indicators?
- Iceland ranks 21st out of 36 countries with data for 2025.
- Is annual government non-financial accounts and key indicators rising or falling in Iceland?
- Over the last ten years it is down 3,456.2%. 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 Annual government non-financial accounts and key indicators (Balancing items) — Net lending (+) / net borrowing (-). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This table presents the full sequence of non-financial accounts for the General Government sector and its sub-sectors from the production account to the capital account. It shows the balancing items and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenue)’ and ‘Annual government non-financial accounts and key indicators (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. It is also possible to select the government sub-sectors – central, local and state (regional) government and social security funds – using the ‘Institutional sector’ filter.These indicators were presented in the previous dissemination system in the SNA_TABLE12 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org