Country statistical profiles: Key tables from OECD - ISSN 2075-2288 - © OECD 2023
| | Country statistical profile: Iceland 2023 | |||||||||
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| | | Unit | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| | Production and income | |||||||||
| | GDP per capita | USD current PPPs | 49 203 | 53 487 | 55 638 | 57 201 | 59 645 | 54 330 | 58 297 | 69 616 |
| | Gross national income (GNI) per capita | USD current PPPs | .. | .. | .. | .. | .. | .. | .. | .. |
| | Household disposable income per capita | Annual growth % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Economic growth | |||||||||
| | Real GDP growth | Annual growth % | 4.4 | 6.3 | 4.2 | 4.9 | 1.9 | -7.2 | 4.5 | 7.2 |
| | Net saving rate in household disposable income | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Gross fixed capital formation | Annual growth % | 21.5 | 18.0 | 10.6 | 2.3 | -4.1 | -7.4 | 10.8 | 7.6 |
| | Economic structure: share of real value added | |||||||||
| | Agriculture, forestry, fishing | % | 5.9 | 5.1 | 4.3 | 4.4 | 4.9 | 5.2 | 4.9 | 4.8 |
| | Industry including energy | % | 16.8 | 15.0 | 14.5 | 14.3 | 13.8 | 14.5 | 15.6 | 16.2 |
| | Construction | % | 5.5 | 6.8 | 7.5 | 8.0 | 7.9 | 7.9 | 7.2 | 7.1 |
| | Trade, repairs, transport, accomm., food services | % | 18.8 | 20.2 | 20.1 | 19.7 | 18.9 | 14.9 | 16.6 | 18.7 |
| | Information, communication | % | 4.6 | 4.6 | 4.5 | 4.5 | 4.9 | 5.5 | 5.3 | 4.9 |
| | Finance and insurance | % | 6.5 | 6.3 | 6.3 | 5.9 | 6.0 | 6.3 | 6.2 | 5.2 |
| | Real estate | % | 11.1 | 11.2 | 11.6 | 11.3 | 11.9 | 12.3 | 11.4 | 11.0 |
| | Professional, scientific, support services | % | 8.3 | 8.5 | 8.4 | 8.9 | 8.5 | 6.9 | 7.9 | 8.4 |
| | Public admin., defence, education, health, social work | % | 19.6 | 19.4 | 20.0 | 19.9 | 20.3 | 23.3 | 21.9 | 20.7 |
| | Other services (ISIC Rev.4 R - U) | % | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.3 | 3.0 | 3.1 |
| | Government deficits and debt | |||||||||
| | Government deficit | % of GDP | -0.4 | 12.5 | 1.0 | 0.9 | -1.5 | -9.0 | -8.4 | -4.3 |
| | General government debt | % of GDP | .. | .. | .. | .. | .. | .. | .. | .. |
| | General government revenues | % of GDP | 43.1 | 59.0 | 45.4 | 44.8 | 42.1 | 42.2 | 41.3 | 41.5 |
| | General government expenditures | % of GDP | 43.5 | 46.4 | 44.4 | 43.8 | 43.6 | 51.1 | 49.2 | .. |
| | Expenditure | |||||||||
| | Government/compulsory expenditure on health | % of GDP | 6.5 | 6.6 | 6.8 | 6.9 | 7.1 | 8.0 | 8.1 | 7.1 |
| | Voluntary expenditure on health | % of GDP | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.6 | 1.6 | 1.4 |
| | Public social expenditure | % of GDP | 16.6 | 16.5 | 17.5 | 17.8 | 18.7 | 23.0 | 22.3 | 20.8 |
| | Private social expenditure | % of GDP | 6.3 | 6.4 | 6.8 | 6.9 | 7.0 | 0.2 | 0.2 | .. |
| | Public pension expenditure | % of GDP | 2.0 | 2.1 | 2.6 | 2.7 | 2.9 | .. | .. | .. |
| | Private pension expenditure | % of GDP | 5.1 | 7.2 | 5.5 | 5.6 | 5.8 | 7.4 | .. | .. |
| | Official Development Assistance - grant equivalent | % of GNI | .. | .. | .. | 0.28 | 0.25 | 0.27 | 0.28 | 0.34 |
| | Official Development Assistance - flows basis | % of GNI | 0.24 | 0.28 | 0.28 | .. | .. | .. | .. | .. |
| | Taxes | |||||||||
| | Total tax revenue | % of GDP | 35.1 | 50.3 | 37.1 | 36.5 | 34.9 | 36.1 | 35.1 | .. |
| | Tax on personal income | % of GDP | 12.9 | 13.4 | 14.2 | 14.5 | 14.3 | 15.6 | 14.5 | .. |
| | Tax on corporate profits | % of GDP | 2.3 | 2.5 | 3.0 | 2.4 | 2.1 | 2.2 | 2.0 | .. |
| | Taxes on goods and services | % of GDP | 11.6 | 11.9 | 12.6 | 12.3 | 11.4 | 11.4 | 11.8 | .. |
| | Taxes on the average worker | % of labour cost | 34.3 | 33.9 | 32.8 | 32.9 | 32.7 | 32.5 | 32.3 | 32.5 |
| | Trade | |||||||||
| | Imports of goods and services | % of GDP | 44.2 | 40.8 | 41.2 | 42.6 | 39.1 | 34.8 | 39.4 | 47.0 |
| | Exports of goods and services | % of GDP | 51.7 | 47.5 | 45.7 | 46.0 | 43.7 | 33.2 | 37.3 | 46.6 |
| | Goods trade balance: exports minus imports of goods | Bln USD | -0.5 | -1.2 | -2.0 | -2.1 | -1.4 | -1.1 | -1.7 | -2.3 |
| | Imports of goods | Bln USD | 5.3 | 5.7 | 7.0 | 7.8 | 6.7 | 5.8 | 7.7 | 9.7 |
| | Exports of goods | Bln USD | 4.8 | 4.5 | 4.9 | 5.6 | 5.3 | 4.6 | 6.0 | 7.5 |
| | Service trade balance: exports minus imports of services | Bln USD | 1.6 | 2.2 | 2.6 | 2.4 | 2.0 | 0.3 | 0.6 | 1.5 |
| | Imports of services | Bln USD | 2.8 | 3.2 | 3.7 | 4.0 | 3.5 | 2.2 | 2.9 | 4.2 |
| | Exports of services | Bln USD | 4.4 | 5.4 | 6.3 | 6.4 | 5.4 | 2.5 | 3.5 | 5.6 |
| | Current account balance of payments | % of GDP | 5.3 | 7.6 | 4.3 | 4.1 | 6.5 | 1.3 | -3.3 | -2.3 |
| | Foreign direct investment (FDI) | |||||||||
| | Outward FDI stocks | Mln USD | 7 637 | 6 058 | 5 269 | 5 229 | 5 346 | 5 366 | 5 072 | 4 325 |
| | Inward FDI stocks | Mln USD | 7 851 | 9 841 | 10 130 | 8 751 | 8 415 | 7 627 | 8 103 | 8 375 |
| | Inflows of foreign direct investment | Mln USD | 709 | -427 | -41 | -382 | -225 | -928 | 153 | 620 |
| | Outflows of foreign direct investment | Mln USD | -31 | -1 147 | -208 | 76 | 479 | -427 | -30 | -231 |
| | Prices and interest rates | |||||||||
| | Inflation rate: all items | Annual growth % | 1.6 | 1.7 | 1.8 | 2.7 | 3.0 | 2.8 | 4.4 | 8.3 |
| | Inflation rate: all items non food non energy | Annual growth % | 2.1 | 2.2 | 2.4 | 2.5 | 2.9 | 2.9 | 4.4 | 7.8 |
| | Inflation rate: food | Annual growth % | 2.8 | 1.3 | -2.4 | 2.5 | 3.8 | 4.9 | 3.5 | 7.2 |
| | Inflation rate: energy | Annual growth % | -5.5 | -2.9 | 2.5 | 5.2 | 2.8 | -2.0 | 7.4 | 17.4 |
| | Producer Price Indices (PPI): manufacturing | Annual growth % | 5.1 | -8.1 | -4.6 | 6.8 | 4.9 | 4.3 | 11.5 | 17.3 |
| | Long-term interest rates | % | 6.26 | 5.60 | 4.86 | 5.33 | 3.97 | 2.47 | 3.39 | .. |
| | Purchasing power and exchange rates | |||||||||
| | Purchasing power parities | ISK per USD | 141.97 | 140.03 | 138.28 | 140.97 | 140.70 | 146.67 | 149.68 | 142.76 |
| | Exchange rates | ISK per USD | 131.92 | 120.81 | 106.84 | 108.30 | 122.61 | 135.42 | 126.99 | 135.28 |
| | Indices of price levels | OECD=100 | 122 | 134 | 150 | 149 | 135 | 128 | 136 | 132 |
| | Energy supply and prices | |||||||||
| | Total primary energy supply (TPES) | Mtoe | 5.6 | 5.3 | 5.6 | 6.1 | 6.0 | 5.9 | 5.9 | 6.1 |
| | TPES per unit of GDP at 2000 prices and PPPs | Toe per '000 USD | 0.34 | 0.30 | 0.31 | 0.32 | 0.31 | 0.33 | 0.32 | 0.31 |
| | Renewable energy | Ktoe | 4 941.6 | 4 608.7 | 4 920.9 | 5 421.1 | 5 347.0 | 5 284.9 | 5 275.1 | .. |
| | Crude oil import prices | USD per barrel | .. | .. | .. | .. | .. | .. | .. | .. |
| | Information and Communications Technology (ICT) | |||||||||
| | Households with access to computers | % | .. | .. | 97.3 | .. | .. | .. | .. | .. |
| | Households with access to internet | % | .. | .. | 97.9 | 99.2 | 97.7 | 98.5 | 98.4 | .. |
| | Environment | |||||||||
| | Water abstactions | Mln m3 | .. | .. | .. | .. | .. | .. | .. | .. |
| | National fish landings in domestic ports | '000 tonnes | 1 303 | 1 060 | 1 146 | 1 252 | .. | .. | .. | .. |
| | National fish landings in foreign ports | '000 tonnes | 10 | 19 | 13 | 3 | .. | .. | .. | .. |
| | Aquaculture | '000 tonnes | 8 | 15 | 21 | 19 | 34 | 41 | 53 | .. |
| | Municipal waste total | '000 tonnes | 195 | 220 | 225 | 247 | .. | 225 | .. | .. |
| | Municipal waste total per capita | Kg | 589 | 656 | 655 | 700 | .. | 614 | .. | .. |
| | CO2emissions from fuel combustion | Mln tonnes | 2 | 2 | 2 | 2 | 2 | 1 | 2 | .. |
| | Education | |||||||||
| | Tertiary attainment in population aged 25-64 | % | 37 | 38 | 39 | 40 | 41 | 41 | 43 | 44 |
| | Expenditure per student: primary, 2010 prices | USD constant PPPs | 11 235 | 11 914 | 13 153 | 14 141 | 14 743 | 15 206 | .. | .. |
| | Expenditure per student: secondary, 2010 prices | USD constant PPPs | 11 169 | 11 732 | 13 319 | 14 456 | 15 553 | 15 242 | .. | .. |
| | Expenditure per student: tertiary, 2010 prices | USD constant PPPs | 12 694 | 14 744 | 15 775 | 15 378 | 17 134 | 16 128 | .. | .. |
| | Youths 15-19 not in education nor employment | % | 3.7 | 3.5 | 3.7 | 4.2 | 4.3 | 5.4 | .. | 3.8 |
| | Youths 20-24 not in education nor employment | % | 7.4 | 6.8 | 6.6 | 7.6 | 6.6 | 10.3 | 10.0 | 6.2 |
| | Employment | |||||||||
| | Employment rate in population aged 15-24 | % | 73.1 | 77.6 | 75.8 | 75.4 | 71.7 | 65.6 | 71.2 | |
| | Employment rate in population aged 25-54 | % | 88.4 | 89.9 | 89.8 | 89.1 | 88.4 | 83.5 | 86.7 | |
| | Employment rate in population aged 55-64 | % | 84.7 | 84.6 | 83.9 | 80.7 | 81.2 | 80.2 | 82.6 | |
| | Incidence of part-time employment | % | 17.2 | 17.7 | 17.6 | 16.8 | 15.6 | 16.9 | 17.0 | 17.2 |
| | Self-employment rate: total employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Self-employment rate: male employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Self-employment rate: female employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Unemployment | |||||||||
| | Unemployment rate: total labour force | % | 4.5 | 3.3 | 3.3 | 3.1 | 3.9 | 6.4 | 6.0 | 3.8 |
| | Unemployment rate: male labour force | % | 4.4 | 3.4 | 3.4 | 3.2 | 4.3 | 6.6 | 5.7 | 4.1 |
| | Unemployment rate: female labour force | % | 4.6 | 3.3 | 3.2 | 3.0 | 3.5 | 6.3 | 6.5 | 3.4 |
| | Long-term unemployment: total unemployed | % | 16.1 | 8.9 | 10.3 | 13.6 | 7.5 | 10.4 | 21.3 | 13.5 |
| | Labour compensation and hours worked | |||||||||
| | Labour compensation per unit labour input, total economy | Annual growth % | 8.0 | 6.2 | 6.0 | 7.6 | 4.3 | 4.0 | 6.7 | 7.5 |
| | Average time worked per person in employment | Hours per year | 1 511 | 1 520 | 1 507 | 1 496 | 1 480 | 1 446 | 1 457 | 1 449 |
| | Research and Development (R&D) | |||||||||
| | Gross domestic expenditure on R&D | Mln USD | 355 | 365 | 376 | 378 | 451 | 445 | 523 | .. |
| | Researchers: full-time equivalent | Per '000 employed | 10.8 | .. | 10.4 | .. | .. | .. | 13.1 | .. |
| | Population | |||||||||
| | Total population | '000 persons | 331 | 335 | 343 | 353 | 361 | 366 | 373 | 382 |
| | Total fertitity rates | Children | 1.8 | 1.8 | 1.7 | 1.7 | 1.8 | 1.7 | 1.8 | .. |
| | Youth population aged less than 15 | % of population | 20.2 | 19.9 | 19.5 | 19.2 | 18.9 | 18.7 | 18.6 | 18.4 |
| | Elderly population aged 65 and over | % of population | 13.7 | 13.9 | 14.0 | 14.1 | 14.3 | 14.6 | 14.9 | 15.0 |
| | International migration | |||||||||
| | Foreign-born population | % of population | 11.9 | 12.7 | 13.9 | 16.2 | 18.1 | .. | .. | .. |
| | Foreign population | % of population | 7.4 | 8.0 | 9.0 | 11.2 | 13.1 | .. | .. | .. |
| | Unemployment rate in population of native-born men | % of labour force | 3.7 | 2.9 | 2.9 | 2.7 | 3.9 | 4.7 | 5.2 | .. |
| | Unemployment rate in population of foreign-born men | % of labour force | 7.8 | 4.5 | .. | 5.2 | 5.3 | 13.8 | 9.2 | .. |
| | Unemployment rate in population of native-born women | % of labour force | 4.0 | 3.1 | 2.8 | 2.3 | 3.1 | 4.6 | 5.2 | .. |
| | Unemployment rate in population of foreign-born women | % of labour force | 6.1 | .. | .. | 5.1 | 4.0 | 9.5 | 12.5 | .. |
| | Health | |||||||||
| | Life expectancy at birth | Years | 82.5 | 82.2 | 82.6 | 82.9 | 83.2 | 83.1 | 83.2 | .. |
| | Life expectancy at birth: men | Years | 81.2 | 80.4 | 81.1 | 81.3 | 81.7 | 81.6 | 81.8 | .. |
| | Life expectancy at birth: women | Years | 83.8 | 84.1 | 84.3 | 84.5 | 84.7 | 84.6 | 84.6 | .. |
| | Infant mortality | Per '000 | 2.2 | 0.7 | 2.7 | 1.7 | 1.1 | 2.9 | 3.3 | .. |
| | Overweight or obese, % of population aged 15 and over | Measured | .. | .. | .. | .. | .. | .. | .. | .. |
| | Suicide Rates | Per 100 000 persons | 12.4 | 12.2 | 9.8 | 9.8 | 11.2 | 12.7 | 10.2 | .. |
| | Transport | |||||||||
| | Goods transport | Mln tonne-km | 907 | 1 052 | 1 150 | 1 186 | 1 176 | 910 | .. | .. |
| | Passenger transport | Mln passenger-km | 7 301 | 7 984 | 8 235 | 8 167 | 6 316 | .. | .. | |
| | Road Fatalities | Per mln inhabitants | 5 | 5 | 5 | 5 | 2 | 2 | 2 | .. |
| Last updated: 6 October 2023; disclaimer: http://oe.cd/disclaimer | ||||||||||
Not available | ||||||||||
Break in series | ||||||||||
Estimated value | ||||||||||
| Source: OECD Data (data.oecd.org). | ||||||||||