Annual government non-financial accounts and key indicators (Revenue) in Iceland

Iceland: Annual government non-financial accounts and key indicators (Revenue) was 2.11 million National currency in 2025. ◆ Volatile

Latest (2025)
2.11 million National currency
Change on year
up 7.3%
World rank
15th
of 34 countries
All-time high
2.11 million National currency
in 2025
All-time low
243,742 National currency
in 1998
Years of data
28
1998–2025

Annual government non-financial accounts and key indicators (Revenue) in Iceland, 1998–2025

0500.0k1.0M1.5M2.0M1998201120251998: 243.7k National currency1999: 304.0k National currency2000: 328.7k National currency2001: 378.6k National currency2002: 369.3k National currency2003: 399.8k National currency2004: 456.4k National currency2005: 531.3k National currency2006: 629.5k National currency2007: 700.1k National currency2008: 815.7k National currency2009: 732.6k National currency2010: 709.4k National currency2011: 777.9k National currency2012: 834.0k National currency2013: 887.3k National currency2014: 968.3k National currency2015: 1.0M National currency2016: 1.5M National currency2017: 1.2M National currency2018: 1.3M National currency2019: 1.3M National currency2020: 1.2M National currency2021: 1.4M National currency2022: 1.7M National currency2023: 1.9M National currency2024: 2.0M National currency2025: 2.1M National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

In 2025, annual government non-financial accounts and key indicators (revenue) in Iceland stood at 2.11 million National currency. That is the highest value across all 28 years on record.

The figure is up 7.3% on the previous year and up 110.6% over ten years.

Over the whole period, annual government non-financial accounts and key indicators (revenue) in Iceland peaked at 2.11 million National currency in 2025 and was at its lowest, 243,742 National currency, in 1998.

That places Iceland 15th out of 34 countries with data for 2025, putting it 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 (Revenue) in Iceland, year by year

Annual values for Annual government non-financial accounts and key indicators (Revenue) — Total government revenue in Iceland, 1998 to 2025.
Year National currency Change
1998 243,742 National currency
1999 303,985 National currency +24.7%
2000 328,693 National currency +8.1%
2001 378,596 National currency +15.2%
2002 369,318 National currency -2.5%
2003 399,835 National currency +8.3%
2004 456,368 National currency +14.1%
2005 531,254 National currency +16.4%
2006 629,485 National currency +18.5%
2007 700,078 National currency +11.2%
2008 815,744 National currency +16.5%
2009 732,644 National currency -10.2%
2010 709,437 National currency -3.2%
2011 777,949 National currency +9.7%
2012 834,048 National currency +7.2%
2013 887,280 National currency +6.4%
2014 968,262 National currency +9.1%
2015 1.00 million National currency +3.4%
2016 1.49 million National currency +48.9%
2017 1.21 million National currency -19.0%
2018 1.28 million National currency +6.3%
2019 1.27 million National currency -0.8%
2020 1.24 million National currency -2.5%
2021 1.36 million National currency +9.2%
2022 1.67 million National currency +23.3%
2023 1.88 million National currency +12.7%
2024 1.97 million National currency +4.4%
2025 2.11 million National currency +7.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 273,864 National currency 243,742 National currency 303,985 National currency 2
2000s 534,202 National currency 328,693 National currency 815,744 National currency 10
2010s 1.04 million National currency 709,437 National currency 1.49 million National currency 10
2020s 1.70 million National currency 1.24 million National currency 2.11 million National currency 6

Countries ranked near Iceland

  1. 12 Norway 3.31 million National currency compare
  2. 13 Sweden 3.19 million National currency compare
  3. 14 Germany 2.14 million National currency compare
  4. 16 Denmark 1.56 million National currency compare
  5. 17 France 1.56 million National currency compare
  6. 18 Canada 1.40 million National currency compare

See the full ranking of 46 places →

More public sector data for Iceland

All data for Iceland →

Frequently asked questions

What is annual government non-financial accounts and key indicators (revenue) in Iceland?
Annual government non-financial accounts and key indicators (revenue) in Iceland was 2.11 million 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 (revenue) recorded in Iceland?
The highest recorded value was 2.11 million National currency in 2025.
What is the lowest annual government non-financial accounts and key indicators (revenue) recorded in Iceland?
The lowest recorded value was 243,742 National currency in 1998.
How does Iceland rank for annual government non-financial accounts and key indicators (revenue)?
Iceland ranks 15th out of 34 countries with data for 2025.
Is annual government non-financial accounts and key indicators (revenue) rising or falling in Iceland?
Over the last ten years it is up 110.6%. 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 (Revenue) — Total government revenue. Statizoid updates them automatically from the source API.

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Annual government non-financial accounts and key indicators (Revenue) in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://public-sector.statizoid.com/stat/annual-government-non-financial-accounts-and-key-indicators-revenue-total-government/iceland/

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About this data

Indicator
Annual government non-financial accounts and key indicators (Revenue) — Total government revenue
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
46 places, 1,454 data points, 1959–2025
Last refreshed

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 Revenue (or Resources) 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 (Expenditures)’ 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