Material flow accounts - balancing items in Iceland

Iceland: Material flow accounts - balancing items was -603.18 Thousand tonnes in 2025. ◆ Volatile

Latest (2025)
-603.18 Thousand tonnes
Change on year
down 116.6%
World rank
39th
of 39 countries
All-time high
3,698 Thousand tonnes
in 2018
All-time low
-603.18 Thousand tonnes
in 2025
Years of data
36
1990–2025

Material flow accounts - balancing items in Iceland, 1990–2025

-1.0k01.0k2.0k3.0k4.0k1990200720251990: 1.3k Thousand tonnes1991: 1.2k Thousand tonnes1992: 1.4k Thousand tonnes1993: 1.5k Thousand tonnes1994: 1.5k Thousand tonnes1995: 551.8 Thousand tonnes1996: 375.6 Thousand tonnes1997: 360.4 Thousand tonnes1998: 746.6 Thousand tonnes1999: 940.9 Thousand tonnes2000: 888.6 Thousand tonnes2001: 827.2 Thousand tonnes2002: 749.8 Thousand tonnes2003: 1.0k Thousand tonnes2004: 1.3k Thousand tonnes2005: 1.2k Thousand tonnes2006: 1.6k Thousand tonnes2007: 1.8k Thousand tonnes2008: 2.2k Thousand tonnes2009: 2.2k Thousand tonnes2010: 2.2k Thousand tonnes2011: 2.1k Thousand tonnes2012: 2.0k Thousand tonnes2013: 2.4k Thousand tonnes2014: 2.6k Thousand tonnes2015: 2.6k Thousand tonnes2016: 3.3k Thousand tonnes2017: 3.5k Thousand tonnes2018: 3.7k Thousand tonnes2019: 3.3k Thousand tonnes2020: 2.4k Thousand tonnes2021: 2.4k Thousand tonnes2022: 3.0k Thousand tonnes2023: 3.5k Thousand tonnes2024: 3.6k Thousand tonnes2025: -603.2 Thousand tonnes

Source: Eurostat. Measured in Thousand tonnes.

Analysis

In 2025, material flow accounts - balancing items in Iceland stood at -603.18 Thousand tonnes. That is the lowest value across all 36 years on record.

Compared with earlier readings it is down 116.6% on the previous year and down 123.5% over ten years.

Over the whole period, material flow accounts - balancing items in Iceland peaked at 3,698 Thousand tonnes in 2018 and was at its lowest, -603.18 Thousand tonnes, in 2025.

That places Iceland 39th out of 39 countries with data for 2025, putting it in the bottom quarter.

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

Material flow accounts - balancing items in Iceland, year by year

Annual values for Material flow accounts - balancing items in Iceland, 1990 to 2025.
Year Thousand tonnes Change
1990 1,302 Thousand tonnes —
1991 1,194 Thousand tonnes -8.3%
1992 1,353 Thousand tonnes +13.3%
1993 1,513 Thousand tonnes +11.8%
1994 1,467 Thousand tonnes -3.0%
1995 551.77 Thousand tonnes -62.4%
1996 375.6 Thousand tonnes -31.9%
1997 360.39 Thousand tonnes -4.0%
1998 746.6 Thousand tonnes +107.2%
1999 940.94 Thousand tonnes +26.0%
2000 888.62 Thousand tonnes -5.6%
2001 827.2 Thousand tonnes -6.9%
2002 749.79 Thousand tonnes -9.4%
2003 1,006 Thousand tonnes +34.1%
2004 1,328 Thousand tonnes +32.1%
2005 1,165 Thousand tonnes -12.3%
2006 1,637 Thousand tonnes +40.5%
2007 1,846 Thousand tonnes +12.8%
2008 2,155 Thousand tonnes +16.7%
2009 2,153 Thousand tonnes -0.1%
2010 2,200 Thousand tonnes +2.2%
2011 2,088 Thousand tonnes -5.1%
2012 2,029 Thousand tonnes -2.8%
2013 2,391 Thousand tonnes +17.8%
2014 2,580 Thousand tonnes +7.9%
2015 2,569 Thousand tonnes -0.4%
2016 3,290 Thousand tonnes +28.0%
2017 3,507 Thousand tonnes +6.6%
2018 3,698 Thousand tonnes +5.5%
2019 3,252 Thousand tonnes -12.1%
2020 2,431 Thousand tonnes -25.2%
2021 2,440 Thousand tonnes +0.4%
2022 3,005 Thousand tonnes +23.2%
2023 3,474 Thousand tonnes +15.6%
2024 3,642 Thousand tonnes +4.8%
2025 -603.18 Thousand tonnes -116.6%

Iceland compared with similar countries

  • Iceland's -603.18 Thousand tonnes is below the median for Europe & Central Asia, which is 20,970 Thousand tonnes. (29 countries reporting)
  • Iceland's -603.18 Thousand tonnes is below the median for high income countries, which is 20,833 Thousand tonnes. (30 countries reporting)

Biggest year-on-year movements

Years where Material flow accounts - balancing items in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2025 -116.6% 3,642 Thousand tonnes -603.18 Thousand tonnes
1998 +107.2% 360.39 Thousand tonnes 746.6 Thousand tonnes

Averages by decade

DecadeAverage LowestHighest Years
1990s 980.46 Thousand tonnes 360.39 Thousand tonnes 1,513 Thousand tonnes 10
2000s 1,376 Thousand tonnes 749.79 Thousand tonnes 2,155 Thousand tonnes 10
2010s 2,760 Thousand tonnes 2,029 Thousand tonnes 3,698 Thousand tonnes 10
2020s 2,398 Thousand tonnes -603.18 Thousand tonnes 3,642 Thousand tonnes 6

Countries ranked near Iceland

  1. 36 Malta 2,908 Thousand tonnes compare
  2. 37 Estonia 1,492 Thousand tonnes compare
  3. 37 Estonia 1,492 Thousand tonnes compare

See the full ranking of 40 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is material flow accounts - balancing items in Iceland?
Material flow accounts - balancing items in Iceland was -603.18 Thousand tonnes in 2025, according to Eurostat.
What is the highest material flow accounts - balancing items recorded in Iceland?
The highest recorded value was 3,698 Thousand tonnes in 2018.
What is the lowest material flow accounts - balancing items recorded in Iceland?
The lowest recorded value was -603.18 Thousand tonnes in 2025.
How does Iceland rank for material flow accounts - balancing items?
Iceland ranks 39th out of 39 countries with data for 2025.
Is material flow accounts - balancing items rising or falling in Iceland?
Over the last ten years it is down 123.5%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Material flow accounts - balancing items. Statizoid updates them automatically from the source API.

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Material flow accounts - balancing items in Iceland. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/material-flow-accounts-balancing-items/iceland/

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About this data

Indicator
Material flow accounts - balancing items
Unit
Thousand tonnes
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
40 places, 1,008 data points, 1990–2025
Last refreshed