Revenue from foreign tourists during the first quarter of 2025 was about 108.5 billion ISK compared with the same period last year when it was 103,8 billion ISK. Revenue from foreign tourists has increased by 2% in the last 12 months when compared with the same period the year before, from 612.9 billion ISK to […]

Overnight stays at hotels in Iceland in April were roughly 369,000, or approximately 11.3% more than in 2024 when they were nearly 332,000, according to preliminary data from Statistics Iceland.

Employment in the tourism industry in Iceland was 29,047 in March 2025, a decrease of 2% compared with March last year. During the 12-month period from April 2024 to March 2025, an average of 31,410 individuals worked in the tourism industry compared with 31,681 in the previous 12-month period.

Overnight stays at hotels in Iceland in March were nearly 420,000 or approximately 3.4% fewer than in 2024 when they were nearly 435,000. Overnight stays decreased most in the Capital region (-6.3%) and the South (-6.6%). A 3.2% decrease was also recorded in the West and Westfjords.

Employment in the tourism industry in Iceland was 28,214 in February 2025, a decrease of 2% compared with February 2024. In the 12-month period from March 2024 to February 2025, an average of 31,443 individuals worked in the tourism industry compared with 31,630 in the previous 12-month period.

Just over 624 thousand tonnes of marine products were exported in 2024, which is approximately 60 thousand tonnes less than in 2023. This change is primarily due to reduced capelin catches.

The Icelandic catch amounted to 68 thousand tonnes in May 2025, which is 22% less than in May 2024. Demersal catch decreased by 7% between years and was 42 thousand tonnes.

The Icelandic catch amounted to 136.3 thousand tonnes in April 2025, which is 12% less than in April 2024. Demersal catch decreased by 1% between years and was 42.3 thousand tonnes.

The value of catch in February 2025 was 14.9 billion ISK which is 12% less than in February 2024. The value of demersal fish was reduced by 15% and was 12.9 billion ISK, while the value of pelagic fish catch decreased by 89% compared with February 2024 and was 1.7 billion ISK.

The Icelandic catch amounted to almost 66 thousand tonnes, which is 9% more than in March 2024. Demersal catch increased by 23% between years and was 48.6 thousand tonnes in March 2025.

The value of exported goods from Iceland amounted to 79.8 billion ISK fob in May 2025 and the value of imported goods 143.2 billion ISK cif (137.0 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit in May, calculated on fob/cif value, of 63.4 billion ISK as compared with a trade […]

The value of exported goods amounted to 82.2 billion ISK fob in April 2025 (82.3 billion according to preliminary figures) and the value of imported goods was 136.1 billion ISK cif (135,7 billion) after revision of preliminary figures. The trade deficit in April was therefore 53.9 billion ISK (53,4 billion ISK).

The value of exported services in the first quarter of 2025 is estimated at 198.1 billion ISK while the value of imported services is estimated at 178.4 billion ISK. Therefore, the surplus in the balance of trade in services is estimated at 19.7 billion ISK compared with a surplus of 15.7 billion ISK for the […]

The value of exported goods from Iceland in 2024 amounted to 959.0 billion ISK fob and the value of imported goods amounted to 1,356.7 billion ISK cif (1,286.1 billion ISK fob). Thus, there was a trade deficit, calculated on fob/cif value, of 397.7 billion ISK in 2024 compared with a trade deficit of 365.8 billion […]

The value of exported goods from Iceland amounted to 82.3 billion ISK fob in April 2025 and the value of imported goods 135.7 billion ISK cif (129.4 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit in April, calculated on fob/cif value, of 53.4 billion ISK as compared with a trade […]