Revenue, excluding grants (current LCU), gaps filled in Iceland
Iceland: Revenue, excluding grants (current LCU), gaps filled was 1.38 trillion current LCU in 2023. ◆ Volatile
Revenue, excluding grants (current LCU), gaps filled in Iceland, 1972–2023
Source: Statizoid (derived). Measured in current LCU.
Analysis
In 2023, revenue, excluding grants (current lcu), gaps filled in Iceland stood at 1.38 trillion current LCU. That is the highest value across all 52 years on record.
That represents a change of up 13.7% on the previous year and up 107.5% over ten years.
Over the whole period, revenue, excluding grants (current lcu), gaps filled in Iceland peaked at 1.38 trillion current LCU in 2023 and was at its lowest, 193.40 million current LCU, in 1972.
Iceland ranks 53rd of 157 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.
Revenue, excluding grants (current LCU), gaps filled in Iceland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 193.40 million current LCU | — |
| 1973 | 271.80 million current LCU | +40.5% |
| 1974 | 408.40 million current LCU | +50.3% |
| 1975 | 577.40 million current LCU | +41.4% |
| 1976 | 762.50 million current LCU | +32.1% |
| 1977 | 1.07 billion current LCU | +40.0% |
| 1978 | 1.72 billion current LCU | +60.8% |
| 1979 | 2.63 billion current LCU | +53.0% |
| 1980 | 4.09 billion current LCU | +55.7% |
| 1981 | 6.62 billion current LCU | +61.9% |
| 1982 | 10.76 billion current LCU | +62.5% |
| 1983 | 17.49 billion current LCU | +62.6% |
| 1984 | 23.62 billion current LCU | +35.1% |
| 1985 | 31.22 billion current LCU | +32.2% |
| 1986 | 41.67 billion current LCU | +33.5% |
| 1987 | 53.84 billion current LCU | +29.2% |
| 1988 | 71.17 billion current LCU | +32.2% |
| 1989 | 92.27 billion current LCU | +29.7% |
| 1990 | 107.03 billion current LCU | +16.0% |
| 1991 | 116.59 billion current LCU | +8.9% |
| 1992 | 121.20 billion current LCU | +4.0% |
| 1993 | 121.61 billion current LCU | +0.3% |
| 1994 | 128.81 billion current LCU | +5.9% |
| 1995 | 135.08 billion current LCU | +4.9% |
| 1996 | 149.98 billion current LCU | +11.0% |
| 1997 | 153.96 billion current LCU | +2.7% |
| 1998 | 185.41 billion current LCU | +20.4% |
| 1999 | 213.98 billion current LCU | +15.4% |
| 2000 | 227.81 billion current LCU | +6.5% |
| 2001 | 240.48 billion current LCU | +5.6% |
| 2002 | 252.26 billion current LCU | +4.9% |
| 2003 | 267.15 billion current LCU | +5.9% |
| 2004 | 305.81 billion current LCU | +14.5% |
| 2005 | 409.18 billion current LCU | +33.8% |
| 2006 | 479.33 billion current LCU | +17.1% |
| 2007 | 529.03 billion current LCU | +10.4% |
| 2008 | 638.68 billion current LCU | +20.7% |
| 2009 | 559.70 billion current LCU | -12.4% |
| 2010 | 535.51 billion current LCU | -4.3% |
| 2011 | 584.87 billion current LCU | +9.2% |
| 2012 | 629.37 billion current LCU | +7.6% |
| 2013 | 662.86 billion current LCU | +5.3% |
| 2014 | 734.48 billion current LCU | +10.8% |
| 2015 | 747.87 billion current LCU | +1.8% |
| 2016 | 1.20 trillion current LCU | +61.1% |
| 2017 | 892.63 billion current LCU | -25.9% |
| 2018 | 938.96 billion current LCU | +5.2% |
| 2019 | 920.86 billion current LCU | -1.9% |
| 2020 | 863.13 billion current LCU | -6.3% |
| 2021 | 945.55 billion current LCU | +9.5% |
| 2022 | 1.21 trillion current LCU | +28.0% |
| 2023 | 1.38 trillion current LCU | +13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 952.83 million current LCU | 193.40 million current LCU | 2.63 billion current LCU | 8 |
| 1980s | 35.28 billion current LCU | 4.09 billion current LCU | 92.27 billion current LCU | 10 |
| 1990s | 143.37 billion current LCU | 107.03 billion current LCU | 213.98 billion current LCU | 10 |
| 2000s | 390.94 billion current LCU | 227.81 billion current LCU | 638.68 billion current LCU | 10 |
| 2010s | 785.24 billion current LCU | 535.51 billion current LCU | 1.20 trillion current LCU | 10 |
| 2020s | 1.10 trillion current LCU | 863.13 billion current LCU | 1.38 trillion current LCU | 4 |
Countries ranked near Iceland
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 revenue, excluding grants (current lcu), gaps filled in Iceland?
- Revenue, excluding grants (current lcu), gaps filled in Iceland was 1.38 trillion current LCU in 2023, according to Statizoid (derived).
- What is the highest revenue, excluding grants (current lcu), gaps filled recorded in Iceland?
- The highest recorded value was 1.38 trillion current LCU in 2023.
- What is the lowest revenue, excluding grants (current lcu), gaps filled recorded in Iceland?
- The lowest recorded value was 193.40 million current LCU in 1972.
- How does Iceland rank for revenue, excluding grants (current lcu), gaps filled?
- Iceland ranks 53rd out of 157 countries with data for 2023.
- Is revenue, excluding grants (current lcu), gaps filled rising or falling in Iceland?
- Over the last ten years it is up 107.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Revenue, excluding grants (current LCU) with 57 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Revenue, excluding grants Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Revenue, excluding grants (current LCU) with 57 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.