Natural resource rents, annual growth rate in Iceland

Iceland: Natural resource rents, annual growth rate was -1.68 % change on previous year in 2021. ◆ Volatile

Latest (2021)
-1.68 % change on previous year
Change on year
down 3,553.7%
World rank
134th
of 190 countries
All-time high
1.92 % change on previous year
in 2013
All-time low
-44.62 % change on previous year
in 2019
Years of data
10
2012–2021

Natural resource rents, annual growth rate in Iceland, 2012–2021

-40-30-20-1002012201620212012: -5.8 % change on previous year2013: 1.9 % change on previous year2014: -5.2 % change on previous year2015: -13.7 % change on previous year2016: -15.8 % change on previous year2017: -13.8 % change on previous year2018: -9.6 % change on previous year2019: -44.6 % change on previous year2020: -0.046 % change on previous year2021: -1.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Iceland recorded -1.68 % change on previous year for natural resource rents, annual growth rate in 2021.

Compared with earlier readings it is down 3,553.7% on the previous year and up 71.2% over ten years.

Over the whole period, natural resource rents, annual growth rate in Iceland peaked at 1.92 % change on previous year in 2013 and was at its lowest, -44.62 % change on previous year, in 2019.

That places Iceland 134th out of 190 countries with data for 2021, putting it in the middle of the range.

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

Natural resource rents, annual growth rate in Iceland, year by year

Annual values for Natural resource rents, annual growth rate in Iceland, 2012 to 2021.
Year % change on previous year Change
2012 -5.83 % change on previous year —
2013 1.92 % change on previous year -132.9%
2014 -5.18 % change on previous year -369.7%
2015 -13.7 % change on previous year +164.4%
2016 -15.77 % change on previous year +15.2%
2017 -13.85 % change on previous year -12.2%
2018 -9.59 % change on previous year -30.7%
2019 -44.62 % change on previous year +365.2%
2020 -0.0459 % change on previous year -99.9%
2021 -1.68 % change on previous year +3553.7%

Iceland compared with similar countries

  • Iceland's -1.68 % change on previous year is below the median for high income countries, which is 45.5 % change on previous year. (65 countries reporting)
  • Iceland's -1.68 % change on previous year is below the median for Europe & Central Asia, which is 59.26 % change on previous year. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s -13.33 % change on previous year -44.62 % change on previous year 1.92 % change on previous year 8
2020s -0.8622 % change on previous year -1.68 % change on previous year -0.0459 % change on previous year 2

Countries ranked near Iceland

  1. 131 Germany 0.4424 % change on previous year compare
  2. 132 Honduras -0.7063 % change on previous year compare
  3. 133 Uganda -1.16 % change on previous year compare
  4. 135 Somalia -1.92 % change on previous year compare
  5. 136 Bhutan -2.11 % change on previous year compare
  6. 137 Sri Lanka -2.11 % change on previous year compare

See the full ranking of 190 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is natural resource rents, annual growth rate in Iceland?
Natural resource rents, annual growth rate in Iceland was -1.68 % change on previous year in 2021, according to Statizoid (derived).
What is the highest natural resource rents, annual growth rate recorded in Iceland?
The highest recorded value was 1.92 % change on previous year in 2013.
What is the lowest natural resource rents, annual growth rate recorded in Iceland?
The lowest recorded value was -44.62 % change on previous year in 2019.
How does Iceland rank for natural resource rents, annual growth rate?
Iceland ranks 134th out of 190 countries with data for 2021.
Is natural resource rents, annual growth rate rising or falling in Iceland?
Over the last ten years it is up 71.2%. 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 Natural resource rents, annual growth rate. Statizoid updates them automatically from the source API.

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Natural resource rents, annual growth rate in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 13 November 2026, from https://reference.statizoid.com/stat/natural-resource-rents-annual-growth-rate/iceland/

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How this figure is calculated

The year-on-year percentage change in Natural resource rents. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Natural resource rents, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 8,175 data points, 1971–2021
Last refreshed

The year-on-year percentage change in Natural resource rents. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.