Material flow accounts - balancing items in Iceland

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

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

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

-1.0k01.0k2.0k3.0k4.0k1990200720251990: 1.3k1991: 1.2k1992: 1.4k1993: 1.5k1994: 1.5k1995: 551.81996: 375.61997: 360.41998: 746.61999: 940.92000: 888.62001: 827.22002: 749.82003: 1.0k2004: 1.3k2005: 1.2k2006: 1.6k2007: 1.8k2008: 2.2k2009: 2.2k2010: 2.2k2011: 2.1k2012: 2.0k2013: 2.4k2014: 2.6k2015: 2.6k2016: 3.3k2017: 3.5k2018: 3.7k2019: 3.3k2020: 2.4k2021: 2.4k2022: 3.0k2023: 3.5k2024: 3.6k2025: -603.2

Source: Eurostat.

Analysis

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

Iceland compared with similar countries

  • Iceland's -603.18 is below the median for Europe & Central Asia, which is 20,970. (29 countries reporting)
  • Iceland's -603.18 is below the median for high income countries, which is 20,833. (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 -603.18
1998 +107.2% 360.39 746.6

Averages by decade

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

Countries ranked near Iceland

  1. 36 Malta 2,908 compare
  2. 37 Estonia 1,492 compare
  3. 37 Estonia 1,492 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 in 2025, according to Eurostat.
What is the highest material flow accounts - balancing items recorded in Iceland?
The highest recorded value was 3,698 in 2018.
What is the lowest material flow accounts - balancing items recorded in Iceland?
The lowest recorded value was -603.18 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 14 November 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
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
40 places, 1,008 data points, 1990–2025
Last refreshed