Annual government non-financial accounts and key indicators in Iceland
Iceland: Annual government non-financial accounts and key indicators was 217,189 National currency in 2025. ▲ Rising
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
Iceland recorded 217,189 National currency for annual government non-financial accounts and key indicators in 2025.
Compared with earlier readings it is down 0.2% on the previous year and up 37.2% over ten years.
Over the whole period, annual government non-financial accounts and key indicators in Iceland peaked at 250,604 National currency in 2023 and was at its lowest, 24,384 National currency, in 1998.
The long-run direction has been consistently rising across the 28 years of available data.
Annual government non-financial accounts and key indicators in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 1998 | 24,384 National currency | — |
| 1999 | 50,516 National currency | +107.2% |
| 2000 | 50,874 National currency | +0.7% |
| 2001 | 76,117 National currency | +49.6% |
| 2002 | 49,775 National currency | -34.6% |
| 2003 | 57,672 National currency | +15.9% |
| 2004 | 64,816 National currency | +12.4% |
| 2005 | 65,183 National currency | +0.6% |
| 2006 | 85,642 National currency | +31.4% |
| 2007 | 99,801 National currency | +16.5% |
| 2008 | 196,455 National currency | +96.8% |
| 2009 | 202,238 National currency | +2.9% |
| 2010 | 143,468 National currency | -29.1% |
| 2011 | 168,940 National currency | +17.8% |
| 2012 | 177,197 National currency | +4.9% |
| 2013 | 167,016 National currency | -5.7% |
| 2014 | 146,588 National currency | -12.2% |
| 2015 | 158,278 National currency | +8.0% |
| 2016 | 153,132 National currency | -3.3% |
| 2017 | 154,343 National currency | +0.8% |
| 2018 | 144,512 National currency | -6.4% |
| 2019 | 135,487 National currency | -6.2% |
| 2020 | 125,747 National currency | -7.2% |
| 2021 | 136,414 National currency | +8.5% |
| 2022 | 236,942 National currency | +73.7% |
| 2023 | 250,604 National currency | +5.8% |
| 2024 | 217,707 National currency | -13.1% |
| 2025 | 217,189 National currency | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37,450 National currency | 24,384 National currency | 50,516 National currency | 2 |
| 2000s | 94,857 National currency | 49,775 National currency | 202,238 National currency | 10 |
| 2010s | 154,896 National currency | 135,487 National currency | 177,197 National currency | 10 |
| 2020s | 197,434 National currency | 125,747 National currency | 250,604 National currency | 6 |
Countries ranked near Iceland
- 1 Netherlands 8,415 National currency compare
- 1 Japan 9.08 million National currency compare
- 2 Hungary 3.32 million National currency compare
- 2 Lithuania 729.2 National currency compare
- 2 Croatia 1,321 National currency compare
- 3 Costa Rica 2.28 million National currency compare
- 3 Latvia 482.25 National currency compare
- 4 Estonia 238.3 National currency compare
- 5 Czechia 111,563 National currency compare
- 6 United Kingdom of Great Britain and Northern Ireland 98,894 National currency compare
- 7 Italy 90,230 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 217,189 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 250,604 National currency in 2023.
- What is the lowest annual government non-financial accounts and key indicators recorded in Iceland?
- The lowest recorded value was 24,384 National currency in 1998.
- How does Iceland rank for annual government non-financial accounts and key indicators?
- Iceland ranks 4th out of 19 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 up 37.2%. 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 government non-financial accounts and key indicators (Expenditure) — Interest before FISIM allocation. 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 for the General Government sector and its sub-sectors from the production account to the capital account. It shows the Expenditure (or Uses) side of the accounts, not including the balancing items, and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenues)’ and ‘Annual government non-financial accounts and key indicators (Balancing items)’. 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