Annual simplified non-financial accounts by institutional sector in Iceland

Iceland: Annual simplified non-financial accounts by institutional sector was -24,473 National currency in 2024. ◆ Volatile

Latest (2024)
-24,473 National currency
Change on year
down 213.3%
World rank
30th
of 33 countries
All-time high
21,596 National currency
in 2023
All-time low
-24,473 National currency
in 2024
Years of data
25
2000–2024

Annual simplified non-financial accounts by institutional sector in Iceland, 2000–2024

-20.0k-10.0k010.0k20.0k2000201220242000: 2.7k National currency2001: -2.2k National currency2002: -801.5 National currency2003: -499.6 National currency2004: -400.4 National currency2005: 318.6 National currency2006: 12.1k National currency2007: 9.0k National currency2008: 12.2k National currency2009: -7.9k National currency2010: -1.3k National currency2011: 2.1k National currency2012: 2.0k National currency2013: -8.6k National currency2014: 1.4k National currency2015: 1.8k National currency2016: 3.7k National currency2017: 737.3 National currency2018: 15.5k National currency2019: -12.1k National currency2020: 1.2k National currency2021: 11.1k National currency2022: 19.2k National currency2023: 21.6k National currency2024: -24.5k National currency

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

Analysis

The most recent figure for annual simplified non-financial accounts by institutional sector in Iceland is -24,473 National currency, measured in 2024. That is the lowest value across all 25 years on record.

The figure is down 213.3% on the previous year and down 1,860.5% over ten years.

Over the whole period, annual simplified non-financial accounts by institutional sector in Iceland peaked at 21,596 National currency in 2023 and was at its lowest, -24,473 National currency, in 2024.

Iceland ranks 30th of 33 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2,451 National currency -7,917 National currency 12,216 National currency 10
2010s 531.72 National currency -12,092 National currency 15,522 National currency 10
2020s 5,728 National currency -24,473 National currency 21,596 National currency 5

Countries ranked near Iceland

  1. 27 South Africa -581.9 National currency compare
  2. 28 New Zealand -3,669 National currency compare
  3. 29 France -18,268 National currency compare
  4. 31 Costa Rica -71,912 National currency compare
  5. 32 Japan -852,700 National currency compare
  6. 33 Chile -1.67 million National currency compare

See the full ranking of 43 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is annual simplified non-financial accounts by institutional sector in Iceland?
Annual simplified non-financial accounts by institutional sector in Iceland was -24,473 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual simplified non-financial accounts by institutional sector recorded in Iceland?
The highest recorded value was 21,596 National currency in 2023.
What is the lowest annual simplified non-financial accounts by institutional sector recorded in Iceland?
The lowest recorded value was -24,473 National currency in 2024.
How does Iceland rank for annual simplified non-financial accounts by institutional sector?
Iceland ranks 30th out of 33 countries with data for 2024.
Is annual simplified non-financial accounts by institutional sector rising or falling in Iceland?
Over the last ten years it is down 1,860.5%. 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 simplified non-financial accounts by institutional sector (Expenditure) — Changes in inventories. Statizoid updates them automatically from the source API.

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Annual simplified non-financial accounts by institutional sector in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/annual-simplified-non-financial-accounts-by-institutional-sector-expenditure-changes-in/iceland/

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<a href="https://reference.statizoid.com/stat/annual-simplified-non-financial-accounts-by-institutional-sector-expenditure-changes-in/iceland/">Annual simplified non-financial accounts by institutional sector in Iceland</a> — Statizoid

About this data

Indicator
Annual simplified non-financial accounts by institutional sector (Expenditure) — Changes in inventories
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
43 places, 1,433 data points, 1950–2025
Last refreshed

This table presents the Expenditure (or Uses) lines, not including the balancing items, for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Revenue)’ and ‘Annual simplified non-financial accounts by institutional sector (Balancing items)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). 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. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 dataset. See ANA Changes for information on changes in methodology: ANA Changes. Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org