This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Iceland from 2013 to 2023. In 2023, agriculture contributed around 3.82 percent to the GDP of Iceland, 21.06 percent came from the industry and 64.64 percent from the services sector.

The statistic shows the distribution of employment in Iceland by economic sector from 2013 to 2023. In 2023, 3.71 percent of the employees in Iceland were active in the agricultural sector, 18.32 percent in industry and 77.98 percent in the service sector.

Iceland IS: Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 102.706 % in 2017. This records an increase from the previous number of 100.640 % for 2016. Iceland IS: Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 161.318 % from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 315.289 % in 2007 and a record low of 100.640 % in 2016. Iceland IS: Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

Claims on other sectors of the domestic economy (annual growth as % of broad money) in Iceland was reported at 6.7543 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iceland - Claims on other sectors of the domestic economy (annual growth as % of broad money) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Iceland IS: Claims on Other Sectors of The Domestic Economy: Annual Growth as % of Broad Money data was reported at 8.841 % in 2017. This records an increase from the previous number of -2.580 % for 2016. Iceland IS: Claims on Other Sectors of The Domestic Economy: Annual Growth as % of Broad Money data is updated yearly, averaging -7.510 % from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 33.600 % in 2008 and a record low of -58.107 % in 2011. Iceland IS: Claims on Other Sectors of The Domestic Economy: Annual Growth as % of Broad Money data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 32S..ZK) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Iceland IS: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 308.751 USD mn in 2017. This records an increase from the previous number of 206.319 USD mn for 2016. Iceland IS: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 17.337 USD mn from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 322.041 USD mn in 2015 and a record low of 0.000 USD mn in 1979. Iceland IS: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

Iceland: Value added in the agricultural sector as percent of GDP: The latest value from 2023 is 3.82 percent, a decline from 4.25 percent in 2022. In comparison, the world average is 9.91 percent, based on data from 166 countries. Historically, the average for Iceland from 1995 to 2023 is 5.8 percent. The minimum value, 3.78 percent, was reached in 2017 while the maximum of 8.79 percent was recorded in 1995.

Graph and download economic data for Labor Compensation: Earnings: Private Sector: Monthly for Iceland (LCEAPR03ISA661S) from 1990 to 2022 about Iceland, compensation, sector, earnings, and private.

Iceland IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 9.291 % in 2016. This records a decrease from the previous number of 9.955 % for 2015. Iceland IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 11.207 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 13.584 % in 1997 and a record low of 7.851 % in 2007. Iceland IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Graph and download economic data for Labor Compensation: Earnings: Private Sector: Monthly for Iceland (LCEAPR03ISQ661N) from Q1 1990 to Q4 2022 about Iceland, compensation, sector, earnings, and private.

Total Economy: Current and Capital Transfers For Environmental Protection: Received data was reported at 3,319.100 ISK mn in 2020. This records a decrease from the previous number of 3,339.400 ISK mn for 2019. Total Economy: Current and Capital Transfers For Environmental Protection: Received data is updated yearly, averaging 2,684.500 ISK mn from Dec 2014 (Median) to 2020, with 7 observations. The data reached an all-time high of 3,339.400 ISK mn in 2019 and a record low of 2,180.100 ISK mn in 2014. Total Economy: Current and Capital Transfers For Environmental Protection: Received data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.ESG: Environmental: Environmental Protection Expenditure: by Sector: OECD Member: Annual.

Disposable Personal Income in Iceland increased to 2429435 ISK Million in 2024 from 2191661 ISK Million in 2023. This dataset provides - Iceland Disposable Income per Capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the highest number of employees in Iceland worked in the public administration, education, and health sector. Of Iceland's total of 219,300 employed persons, 63,000 worked within this sector. The wholesale and retail trade sector employed the second highest number of people at 25,000, while the tourism industry employed the third highest. The number of employed people in Iceland increased after a decline in 2020.

Iceland Total Economy: Current and Capital Transfers For Environmental Protection: Paid data was reported at 3,185.500 ISK mn in 2020. This records an increase from the previous number of 3,156.400 ISK mn for 2019. Iceland Total Economy: Current and Capital Transfers For Environmental Protection: Paid data is updated yearly, averaging 2,584.000 ISK mn from Dec 2014 (Median) to 2020, with 7 observations. The data reached an all-time high of 3,185.500 ISK mn in 2020 and a record low of 2,020.600 ISK mn in 2014. Iceland Total Economy: Current and Capital Transfers For Environmental Protection: Paid data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.ESG: Environmental: Environmental Protection Expenditure: by Sector: OECD Member: Annual.

Iceland Total Economy: National Expenditure on Environmental Protection data was reported at 55,119.600 ISK mn in 2022. This records an increase from the previous number of 50,605.900 ISK mn for 2021. Iceland Total Economy: National Expenditure on Environmental Protection data is updated yearly, averaging 36,392.200 ISK mn from Dec 2014 (Median) to 2022, with 9 observations. The data reached an all-time high of 55,119.600 ISK mn in 2022 and a record low of 25,554.600 ISK mn in 2014. Iceland Total Economy: National Expenditure on Environmental Protection data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.ESG: Environmental: Environmental Protection Expenditure: by Sector: OECD Member: Annual.

Iceland IS: Gross External Debt: Other Sectors: Non Financial Corporations: Short Term data was reported at 0.000 USD mn in Dec 2016. This stayed constant from the previous number of 0.000 USD mn for Sep 2016. Iceland IS: Gross External Debt: Other Sectors: Non Financial Corporations: Short Term data is updated quarterly, averaging 0.000 USD mn from Mar 2016 (Median) to Dec 2016, with 4 observations. Iceland IS: Gross External Debt: Other Sectors: Non Financial Corporations: Short Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: QEDS: Gross External Debt: by Sector and Instrument.

Iceland Total Economy & Rest of the World (TE): Financial Balance: Flow data was reported at 36.000 ISK mn in 2016. This records an increase from the previous number of 11.000 ISK mn for 2015. Iceland Total Economy & Rest of the World (TE): Financial Balance: Flow data is updated yearly, averaging 0.000 ISK mn from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 36.000 ISK mn in 2016 and a record low of -27.000 ISK mn in 2007. Iceland Total Economy & Rest of the World (TE): Financial Balance: Flow data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.AB001: Funds by Sector: ESA 2010: Total Economy and Rest of the World: Flow.

Iceland Total Economy (TE): Financial Balance: Flow data was reported at -281,876.000 ISK mn in 2016. This records a decrease from the previous number of 3,455,131.000 ISK mn for 2015. Iceland Total Economy (TE): Financial Balance: Flow data is updated yearly, averaging -281,876.000 ISK mn from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 3,455,131.000 ISK mn in 2015 and a record low of -12,079,604.000 ISK mn in 2008. Iceland Total Economy (TE): Financial Balance: Flow data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.AB003: Funds by Sector: ESA 2010: Total Economy: Flow.

TE: FA: Flow: Currency & Deposits data was reported at -629,430.000 ISK mn in 2016. This records a decrease from the previous number of -248,039.000 ISK mn for 2015. TE: FA: Flow: Currency & Deposits data is updated yearly, averaging 17,933.000 ISK mn from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 3,028,766.000 ISK mn in 2008 and a record low of -762,233.000 ISK mn in 2012. TE: FA: Flow: Currency & Deposits data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.AB001: Funds by Sector: ESA 2010: Total Economy and Rest of the World: Flow.