Total government revenue, in local currency in Iceland
Iceland: Total government revenue, in local currency was 1.88 million in 2023. ▲ Rising
Total government revenue, in local currency in Iceland, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Iceland recorded 1.88 million for total government revenue, in local currency in 2023. That is the highest value across all 24 years on record.
That represents a change of up 14.0% on the previous year and up 112.9% over ten years.
Over the whole period, total government revenue, in local currency in Iceland peaked at 1.88 million in 2023 and was at its lowest, 300,069, in 2000.
That places Iceland 62nd out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total government revenue, in local currency in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 300,069 | — |
| 2001 | 323,504 | +7.8% |
| 2002 | 340,492 | +5.3% |
| 2003 | 360,028 | +5.7% |
| 2004 | 409,478 | +13.7% |
| 2005 | 530,768 | +29.6% |
| 2006 | 628,646 | +18.4% |
| 2007 | 698,803 | +11.2% |
| 2008 | 815,605 | +16.7% |
| 2009 | 733,327 | -10.1% |
| 2010 | 710,044 | -3.2% |
| 2011 | 778,808 | +9.7% |
| 2012 | 834,497 | +7.2% |
| 2013 | 883,269 | +5.8% |
| 2014 | 964,564 | +9.2% |
| 2015 | 997,701 | +3.4% |
| 2016 | 1.48 million | +48.7% |
| 2017 | 1.20 million | -19.1% |
| 2018 | 1.28 million | +6.2% |
| 2019 | 1.28 million | +0.1% |
| 2020 | 1.23 million | -3.5% |
| 2021 | 1.35 million | +9.2% |
| 2022 | 1.65 million | +22.6% |
| 2023 | 1.88 million | +14.0% |
Iceland compared with similar countries
- Iceland's 1.88 million is above the median for high income countries, which is 149,368, 12.6× the median. (58 countries reporting)
- Iceland's 1.88 million is above the median for Europe & Central Asia, which is 258,475, 7.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 514,072 | 300,069 | 815,605 | 10 |
| 2010s | 1.04 million | 710,044 | 1.48 million | 10 |
| 2020s | 1.53 million | 1.23 million | 1.88 million | 4 |
Countries ranked near Iceland
More public sector data for Iceland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is total government revenue, in local currency in Iceland?
- Total government revenue, in local currency in Iceland was 1.88 million in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest total government revenue, in local currency recorded in Iceland?
- The highest recorded value was 1.88 million in 2023.
- What is the lowest total government revenue, in local currency recorded in Iceland?
- The lowest recorded value was 300,069 in 2000.
- How does Iceland rank for total government revenue, in local currency?
- Iceland ranks 62nd out of 184 countries with data for 2023.
- Is total government revenue, in local currency rising or falling in Iceland?
- Over the last ten years it is up 112.9%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Total government revenue, in local currency. Statizoid updates them automatically from the source API.
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