Natural resource rents in Iceland
Iceland: Natural resource rents was 0.0001 in 2021. ◆ Volatile
Latest (2021)
0.0001
Change on year
down 1.7%
World rank
188th
of 211 countries
All-time high
0.0004
in 2011
All-time low
0
in 1970
Years of data
52
1970–2021
Natural resource rents in Iceland, 1970–2021
Source: Our World in Data.
Analysis
In 2021, natural resource rents in Iceland stood at 0.0001.
The figure is down 1.7% on the previous year and down 72.0% over ten years.
Over the whole period, natural resource rents in Iceland peaked at 0.0004 in 2011 and was at its lowest, 0, in 1970.
That places Iceland 188th out of 211 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Natural resource rents in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0 | — |
| 1971 | 0 | — |
| 1972 | 0 | — |
| 1973 | 0 | — |
| 1974 | 0 | — |
| 1975 | 0 | — |
| 1976 | 0 | — |
| 1977 | 0 | — |
| 1978 | 0 | — |
| 1979 | 0 | — |
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0 | — |
| 1993 | 0 | — |
| 1994 | 0 | — |
| 1995 | 0 | — |
| 1996 | 0 | — |
| 1997 | 0 | — |
| 1998 | 0 | — |
| 1999 | 0 | — |
| 2000 | 0 | — |
| 2001 | 0 | — |
| 2002 | 0 | — |
| 2003 | 0 | — |
| 2004 | 0 | — |
| 2005 | 0 | — |
| 2006 | 0 | — |
| 2007 | 0 | — |
| 2008 | 0 | — |
| 2009 | 0 | — |
| 2010 | 0 | — |
| 2011 | 0.0004 | — |
| 2012 | 0.0004 | -5.8% |
| 2013 | 0.0004 | +1.9% |
| 2014 | 0.0003 | -5.2% |
| 2015 | 0.0003 | -13.7% |
| 2016 | 0.0003 | -15.8% |
| 2017 | 0.0002 | -13.8% |
| 2018 | 0.0002 | -9.6% |
| 2019 | 0.0001 | -44.6% |
| 2020 | 0.0001 | -0.0% |
| 2021 | 0.0001 | -1.7% |
Iceland compared with similar countries
- Iceland's 0.0001 is below the median for high income countries, which is 0.1193, 0% of the median. (82 countries reporting)
- Iceland's 0.0001 is below the median for Europe & Central Asia, which is 0.395, 0% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 | 0 | 0 | 10 |
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0 | 0 | 0 | 10 |
| 2000s | 0 | 0 | 0 | 10 |
| 2010s | 0.0003 | 0 | 0.0004 | 10 |
| 2020s | 0.0001 | 0.0001 | 0.0001 | 2 |
Countries ranked near Iceland
- 185 Hong Kong 0.001 compare
- 186 Macao 0.0007 compare
- 187 Singapore 0.0002 compare
- 189 American Samoa 0
- 189 Andorra 0
- 189 Antigua and Barbuda 0
- 189 Bermuda 0
- 189 Cayman Islands 0
- 189 Curacao 0
- 189 Faroe Islands 0
- 189 Greenland 0 compare
- 189 Grenada 0
- 189 Guam 0
- 189 Isle of Man 0
- 189 Malta 0 compare
- 189 Marshall Islands 0
- 189 Monaco 0
- 189 Nauru 0
- 189 Northern Mariana Islands 0
- 189 Palau 0
- 189 Palestine 0
- 189 Puerto Rico 0
- 189 Saint Kitts and Nevis 0
- 189 San Marino 0
- 189 Sint Maarten (Dutch part) 0
- 189 Tuvalu 0
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is natural resource rents in Iceland?
- Natural resource rents in Iceland was 0.0001 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Iceland?
- The highest recorded value was 0.0004 in 2011.
- What is the lowest natural resource rents recorded in Iceland?
- The lowest recorded value was 0 in 1970.
- How does Iceland rank for natural resource rents?
- Iceland ranks 188th out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in Iceland?
- Over the last ten years it is down 72.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).