1887

Country statistical profiles: Key tables from OECD

The key tables by country statistical profiles include a wide range of indicators on economy, education, energy, environment, foreign aid, health, information and communication, labour, migration, R&D, trade and society. Historical data refer to the latest eight time periods.

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2023 Country statistical profile: Iceland 2023/1

English

Country statistical profiles: Key tables from OECD - ISSN 2075-2288 - © OECD 2023

Country statistical profile: Iceland 2023
‌‌
Unit
‌2014‌
‌2015‌
‌2016‌
‌2017‌
‌2018‌
‌2019‌
‌2020‌
‌2021‌
Production and income
 
 
 
 
 
 
 
 
 
GDP per capita
USD current PPPs
45 995
 
49 203
 
53 487
 
55 638
 
57 208
 
59 994
 
54 650
 
58 297
 
Gross national income (GNI) per capita
USD current PPPs
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Household disposable income per capita
Annual growth %
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Economic growth
 
 
 
 
 
 
 
 
 
Real GDP growth
Annual growth %
1.7
 
4.4
 
6.3
 
4.2
 
4.9
 
2.4
 
-6.8
 
4.4
 
Net saving rate in household disposable income
%
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Gross fixed capital formation
Annual growth %
16.1
 
21.5
 
18.0
 
10.6
 
3.1
 
-2.4
 
-9.8
 
12.3
 
Economic structure: share of real value added
 
 
 
 
 
 
 
 
 
Agriculture, forestry, fishing
%
5.9
 
5.9
 
5.1
 
4.3
 
4.4
 
4.9
 
5.1
 
5.1
 
Industry including energy
%
17.8
 
17.1
 
15.1
 
14.6
 
14.0
 
14.0
 
14.3
 
14.8
 
Construction
%
5.4
 
5.4
 
6.8
 
7.5
 
8.0
 
8.0
 
8.0
 
8.0
 
Trade, repairs, transport, accomm., food services
%
17.4
 
18.8
 
20.2
 
20.0
 
19.7
 
18.8
 
14.7
 
15.8
 
Information, communication
%
4.4
 
4.6
 
4.6
 
4.5
 
4.5
 
4.9
 
5.3
 
5.4
 
Finance and insurance
%
7.4
 
6.5
 
6.3
 
6.3
 
6.0
 
5.9
 
6.4
 
6.3
 
Real estate
%
11.6
 
11.1
 
11.2
 
11.6
 
11.4
 
11.8
 
12.9
 
12.3
 
Professional, scientific, support services
%
7.7
 
8.2
 
8.5
 
8.4
 
8.9
 
8.4
 
7.0
 
7.0
 
Public admin., defence, education, health, social work
%
19.7
 
19.6
 
19.4
 
20.0
 
19.9
 
20.2
 
23.1
 
22.1
 
Other services (ISIC Rev.4 R - U)
%
2.8
 
2.8
 
2.8
 
2.8
 
3.1
 
3.0
 
3.2
 
3.3
 
Government deficits and debt
 
 
 
 
 
 
 
 
 
Government deficit
% of GDP
0.3
 
-0.4
 
12.5
 
1.0
 
0.9
 
-1.5
 
-8.9
 
-7.9
 
General government debt
% of GDP
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
General government revenues
% of GDP
46.1
 
43.1
 
59.0
 
45.4
 
44.8
 
41.8
 
41.9
 
41.3
 
General government expenditures
% of GDP
45.8
 
43.5
 
46.4
 
44.4
 
43.8
 
43.4
 
50.6
 
..
 
Expenditure
 
 
 
 
 
 
 
 
 
Government/compulsory expenditure on health
% of GDP
6.6
 
6.5
 
6.6
 
6.8
 
6.9
 
7.0
 
7.9
 
8.1
 
Voluntary expenditure on health
% of GDP
1.6
 
1.5
 
1.5
 
1.5
 
1.5
 
1.5
 
1.6
 
1.6
 
Public social expenditure
% of GDP
17.5
 
16.6
 
16.5
 
17.5
 
17.8
 
18.7
 
23.0
 
22.3
 
Private social expenditure
% of GDP
6.3
 
6.3
 
6.4
 
6.8
 
6.9
 
7.0
 
0.2
 
0.2
 
Public pension expenditure
% of GDP
2.1
 
2.0
 
2.1
 
2.6
 
2.7
 
2.9
 
..
 
..
 
Private pension expenditure
% of GDP
5.4
 
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
 
Official Development Assistance - flows basis
% of GNI
0.22
 
0.24
 
0.28
 
0.28
 
..
 
..
 
..
 
..
 
Taxes
 
 
 
 
 
 
 
 
 
Total tax revenue
% of GDP
37.1
 
35.1
 
50.3
 
37.1
 
36.5
 
34.9
 
36.1
 
35.1
 
Tax on personal income
% of GDP
13.0
 
12.9
 
13.4
 
14.2
 
14.5
 
14.3
 
15.6
 
14.5
 
Tax on corporate profits
% of GDP
3.2
 
2.3
 
2.5
 
3.0
 
2.4
 
2.1
 
2.2
 
2.0
 
Taxes on goods and services
% of GDP
11.7
 
11.6
 
11.9
 
12.6
 
12.3
 
11.4
 
11.4
 
11.8
 
Taxes on the average worker
% of labour cost
33.9
 
34.3
 
33.9
 
32.8
 
32.9
 
32.7
 
32.5
 
32.2
 
Trade
 
 
 
 
 
 
 
 
 
Imports of goods and services
% of GDP
45.1
 
44.2
 
40.8
 
41.2
 
43.3
 
39.8
 
35.0
 
40.0
 
Exports of goods and services
% of GDP
51.5
 
51.7
 
47.5
 
45.7
 
46.6
 
44.4
 
34.5
 
38.2
 
Goods trade balance: exports minus imports of goods
Bln USD
-0.3
 
-0.5
 
-1.2
 
-2.0
 
-2.2
 
-1.6
 
-1.1
 
-1.8
 
Imports of goods
Bln USD
5.5
 
5.3
 
5.7
 
7.0
 
7.8
 
6.8
 
5.8
 
7.8
 
Exports of goods
Bln USD
5.1
 
4.8
 
4.5
 
4.9
 
5.6
 
5.2
 
4.6
 
6.0
 
Service trade balance: exports minus imports of services
Bln USD
1.2
 
1.6
 
2.2
 
2.6
 
2.4
 
2.1
 
0.5
 
0.8
 
Imports of services
Bln USD
3.1
 
2.8
 
3.2
 
3.7
 
4.2
 
3.6
 
2.3
 
2.9
 
Exports of services
Bln USD
4.3
 
4.4
 
5.4
 
6.3
 
6.5
 
5.7
 
2.8
 
3.7
 
Current account balance of payments
% of GDP
4.3
 
5.6
 
8.0
 
4.2
 
4.1
 
6.5
 
1.8
 
-1.7
 
Foreign direct investment (FDI)
 
 
 
 
 
 
 
 
 
Outward FDI stocks
Mln USD
8 415
 
7 637
 
6 058
 
5 269
 
5 229
 
5 346
 
5 366
 
5 182
 
Inward FDI stocks
Mln USD
7 889
 
7 851
 
9 841
 
10 130
 
8 751
 
8 415
 
7 627
 
7 825
 
Inflows of foreign direct investment
Mln USD
447
 
709
 
-427
 
-41
 
-382
 
-225
 
-928
 
25
 
Outflows of foreign direct investment
Mln USD
-257
 
-31
 
-1 147
 
-208
 
76
 
479
 
-427
 
23
 
Prices and interest rates
 
 
 
 
 
 
 
 
 
Inflation rate: all items
Annual growth %
2.0
 
1.6
 
1.7
 
1.8
 
2.7
 
3.0
 
2.8
 
4.4
 
Inflation rate: all items non food non energy
Annual growth %
2.7
 
2.1
 
2.2
 
2.4
 
2.5
 
2.9
 
2.9
 
4.4
 
Inflation rate: food
Annual growth %
0.5
 
2.8
 
1.3
 
-2.4
 
2.5
 
3.8
 
4.9
 
3.5
 
Inflation rate: energy
Annual growth %
-1.3
 
-5.5
 
-2.9
 
2.5
 
5.2
 
2.8
 
-2.0
 
7.4
 
Producer Price Indices (PPI): manufacturing
Annual growth %
-0.7
 
5.1
 
-8.1
 
-4.6
 
6.8
 
4.9
 
4.3
 
11.5
 
Long-term interest rates
%
6.37
 
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
138.55
 
141.97
 
140.03
 
138.28
 
140.97
 
140.70
 
146.68
 
149.72
 
Exchange rates
ISK per USD
116.77
 
131.92
 
120.81
 
106.84
 
108.30
 
122.61
 
135.42
 
126.99
 
Indices of price levels
OECD=100
123
 
122
 
134
 
150
 
149
 
135
 
128
 
136
 
Energy supply and prices
 
 
 
 
 
 
 
 
 
Total primary energy supply (TPES)
Mtoe
5.9
 
5.6
 
5.3
 
5.6
 
6.1
 
6.0
 
5.9
 
5.9
 
TPES per unit of GDP at 2000 prices and PPPs
Toe per '000 USD
0.38
 
0.34
 
0.31
 
0.31
 
0.32
 
0.31
 
0.33
 
0.32
 
Renewable energy
Ktoe
5 234.6
 
4 941.6
 
4 620.6
 
4 938.6
 
5 447.6
 
5 456.8
 
..
 
..
 
Crude oil import prices
USD per barrel
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Information and Communications Technology (ICT)
 
 
 
 
 
 
 
 
 
Households with access to computers
%
..
 
..
 
..
 
97.3
 
..
 
..
 
..
 
..
 
Households with access to internet
%
96.5
 
..
 
..
 
97.9
 
99.2
 
97.7
 
98.5
 
98.4
 
Environment
 
 
 
 
 
 
 
 
 
Water abstactions
Mln m3
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
National fish landings in domestic ports
'000 tonnes
1 069
 
1 303
 
1 060
 
1 146
 
1 252
 
..
 
..
 
..
 
National fish landings in foreign ports
'000 tonnes
9
 
10
 
19
 
13
 
3
 
..
 
..
 
..
 
Aquaculture
'000 tonnes
8
 
8
 
15
 
21
 
19
 
34
 
41
 
..
 
Municipal waste total
'000 tonnes
175
 
195
 
220
 
225
 
247
 
..
 
..
 
..
 
Municipal waste total per capita
Kg
533
 
589
 
662
 
674
 
735
 
..
 
..
 
..
 
CO2emissions from fuel combustion
Mln tonnes
2
 
2
 
2
 
2
 
2
 
2
 
1
 
2
 
Education
 
 
 
 
 
 
 
 
 
Tertiary attainment in population aged 25-64
%
36
 
37
 
38
 
39
 
40
 
41
 
41
 
43
 
Expenditure per student: primary, 2010 prices
USD constant PPPs
26 444
 
11 235
 
11 914
 
13 153
 
14 141
 
14 304
 
..
 
..
 
Expenditure per student: secondary, 2010 prices
USD constant PPPs
10 063
 
11 169
 
11 732
 
13 373
 
14 456
 
15 091
 
..
 
..
 
Expenditure per student: tertiary, 2010 prices
USD constant PPPs
11 418
 
12 694
 
14 744
 
15 775
 
15 378
 
16 610
 
..
 
..
 
Youths 15-19 not in education nor employment
%
5.4
 
3.7
 
3.5
 
3.7
 
4.2
 
4.3
 
5.4
 
..
 
Youths 20-24 not in education nor employment
%
9.3
 
7.4
 
6.8
 
6.6
 
7.6
 
6.6
 
10.3
 
10.0
 
Employment
 
 
 
 
 
 
 
 
 
Employment rate in population aged 15-24
%
70.5
 
73.1
 
77.6
 
75.8
 
75.4
 
71.7
 
65.5
 
65.6
 
Employment rate in population aged 25-54
%
86.4
 
88.4
 
89.9
 
89.8
 
89.1
 
88.4
 
84.6
 
83.5
 
Employment rate in population aged 55-64
%
84.8
 
84.7
 
84.6
 
83.9
 
80.7
 
81.2
 
79.3
 
80.2
 
Incidence of part-time employment
%
16.7
 
17.2
 
17.7
 
17.6
 
16.8
 
15.6
 
16.9
 
17.0
 
Self-employment rate: total employment
%
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Self-employment rate: male employment
%
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Self-employment rate: female employment
%
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Unemployment
 
 
 
 
 
 
 
 
 
Unemployment rate: total labour force
%
5.4
 
4.5
 
3.3
 
3.3
 
3.1
 
3.9
 
6.4
 
6.0
 
Unemployment rate: male labour force
%
5.5
 
4.4
 
3.4
 
3.4
 
3.2
 
4.3
 
6.6
 
5.7
 
Unemployment rate: female labour force
%
5.3
 
4.6
 
3.3
 
3.2
 
3.0
 
3.5
 
6.3
 
6.5
 
Long-term unemployment: total unemployed
%
14.6
 
16.1
 
8.9
 
10.3
 
13.6
 
7.5
 
10.4
 
21.3
 
Labour compensation and hours worked
 
 
 
 
 
 
 
 
 
Labour compensation per unit labour input, total economy
Annual growth %
4.6
 
8.0
 
6.2
 
6.0
 
7.7
 
4.2
 
4.9
 
7.0
 
Average time worked per person in employment
Hours per year
1 513
 
1 511
 
1 520
 
1 507
 
1 496
 
1 480
 
1 446
 
1 433
 
Research and Development (R&D)
 
 
 
 
 
 
 
 
 
Gross domestic expenditure on R&D
Mln USD
302
 
355
 
365
 
376
 
378
 
451
 
446
 
..
 
Researchers: full-time equivalent
Per '000 employed
..
 
10.8
 
..
 
10.4
 
..
 
..
 
..
 
..
 
Population
 
 
 
 
 
 
 
 
 
Total population
'000 persons
327
 
331
 
335
 
343
 
353
 
361
 
366
 
373
 
Population growth rates
%
1.1
 
1.1
 
1.4
 
2.4
 
2.7
 
2.2
 
1.6
 
1.7
 
Total fertitity rates
Children
1.9
 
1.8
 
1.8
 
1.7
 
1.7
 
1.8
 
1.7
 
..
 
Youth population aged less than 15
% of population
20.4
 
20.2
 
19.9
 
19.5
 
19.2
 
18.9
 
18.7
 
18.6
 
Elderly population aged 65 and over
% of population
13.4
 
13.7
 
13.9
 
14.0
 
14.1
 
14.3
 
14.6
 
14.9
 
International migration
 
 
 
 
 
 
 
 
 
Foreign-born population
% of population
11.3
 
11.9
 
12.7
 
13.9
 
16.2
 
18.1
 
..
 
..
 
Foreign population
% of population
6.9
 
7.4
 
8.0
 
9.0
 
11.2
 
13.1
 
..
 
..
 
Unemployment rate in population of native-born men
% of labour force
5.0
 
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
7.3
 
7.8
 
4.5
 
..
 
5.2
 
5.3
 
13.8
 
9.2
 
Unemployment rate in population of native-born women
% of labour force
4.5
 
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
7.9
 
6.1
 
..
 
..
 
5.1
 
4.0
 
9.5
 
12.5
 
Health
 
 
 
 
 
 
 
 
 
Life expectancy at birth
Years
82.9
 
82.5
 
82.2
 
82.6
 
82.9
 
83.2
 
83.1
 
83.2
 
Life expectancy at birth: men
Years
81.3
 
81.2
 
80.4
 
81.1
 
81.3
 
81.7
 
81.6
 
81.8
 
Life expectancy at birth: women
Years
84.5
 
83.8
 
84.1
 
84.3
 
84.5
 
84.7
 
84.6
 
84.5
 
Infant mortality
Per '000
2.1
 
2.2
 
0.7
 
2.7
 
1.7
 
1.1
 
2.9
 
..
 
Overweight or obese, % of population aged 15 and over
Measured
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Suicide Rates
Per 100 000 persons
14.1
 
12.4
 
12.2
 
9.8
 
9.8
 
11.2
 
12.7
 
..
 
Transport
 
 
 
 
 
 
 
 
 
Goods transport
Mln tonne-km
850
 
907
 
1 052
 
1 150
 
1 186
 
1 176
 
910
 
..
 
Passenger transport
Mln passenger-km
5 899
 
e 
6 296
 
e 
7 301
 
7 984
 
8 235
 
8 167
 
6 316
 
..
 
Road Fatalities
Per mln inhabitants
1
 
5
 
5
 
5
 
5
 
2
 
2
 
2
 
Last updated: 27 January 2023; disclaimer: http://oe.cd/disclaimer
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Estimated value
Source: OECD Data (data.oecd.org).

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