Total natural resource rents in Iceland
Iceland: Total natural resource rents was 0.0% in 2021. ◆ Volatile
Total natural resource rents in Iceland, 1970–2021
Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2021, total natural resource rents in Iceland stood at 0.0%.
The figure is down 1.7% on the previous year and down 72.0% over ten years.
Over the whole period, total natural resource rents in Iceland peaked at 0.0% in 2011 and was at its lowest, 0.0%, 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.
Total natural resource rents in Iceland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | — |
| 1978 | 0.0% | — |
| 1979 | 0.0% | — |
| 1980 | 0.0% | — |
| 1981 | 0.0% | — |
| 1982 | 0.0% | — |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | -5.8% |
| 2013 | 0.0% | +1.9% |
| 2014 | 0.0% | -5.2% |
| 2015 | 0.0% | -13.7% |
| 2016 | 0.0% | -15.8% |
| 2017 | 0.0% | -13.8% |
| 2018 | 0.0% | -9.6% |
| 2019 | 0.0% | -44.6% |
| 2020 | 0.0% | -0.0% |
| 2021 | 0.0% | -1.7% |
Iceland compared with similar countries
- Iceland's 0.0% is below the median for high income countries, which is 0.1%, 0% of the median. (82 countries reporting)
- Iceland's 0.0% is below the median for Europe & Central Asia, which is 0.4%, 0% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 10 |
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Iceland
- 185 Hong Kong 0.0% compare
- 186 Macao 0.0% compare
- 187 Singapore 0.0% compare
- 189 American Samoa 0.0%
- 189 Andorra 0.0%
- 189 Antigua and Barbuda 0.0%
- 189 Bermuda 0.0%
- 189 Cayman Islands 0.0%
- 189 Curacao 0.0%
- 189 Faroe Islands 0.0%
- 189 Greenland 0.0% compare
- 189 Grenada 0.0%
- 189 Guam 0.0%
- 189 Isle of Man 0.0%
- 189 Malta 0.0% compare
- 189 Marshall Islands 0.0%
- 189 Monaco 0.0%
- 189 Nauru 0.0%
- 189 Northern Mariana Islands 0.0%
- 189 Palau 0.0%
- 189 Palestine 0.0%
- 189 Puerto Rico 0.0%
- 189 Saint Kitts and Nevis 0.0%
- 189 San Marino 0.0%
- 189 Sint Maarten (Dutch part) 0.0%
- 189 Tuvalu 0.0%
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 total natural resource rents in Iceland?
- Total natural resource rents in Iceland was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
- What is the highest total natural resource rents recorded in Iceland?
- The highest recorded value was 0.0% in 2011.
- What is the lowest total natural resource rents recorded in Iceland?
- The lowest recorded value was 0.0% in 1970.
- How does Iceland rank for total natural resource rents?
- Iceland ranks 188th out of 211 countries with data for 2021.
- Is total 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 The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total 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).
About this data
Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.