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.

Overnight stays at hotels in Iceland in February were nearly 364,000 or approximately 4,5% fewer than in 2024 when they were roughly 381,000. Overnight stays decreased in all regions except in the Southwest where they increased by 16.6%. The greatest decrease was in the East or -23.2% while significant decreases were also in the West […]

Revenue from foreign tourists during the fourth quarter of 2024 was 124 billion ISK compared with the same period last year when it was 114 billion ISK. Revenue from foreign tourists has increased by 9% between the years 2023 and 2024, from 603.5 billion ISK to 621.4 billion ISK.

Overnight stays at hotels in Iceland in January were nearly 291,000 or approximately 1.4% more than in 2024 when they were 287,000. Overnight stays increased significantly in most regions except in the Capital region where they decreased by 4.4%.

Revenue from foreign tourists during the third quarter of 2024 was 241 billion ISK compared with the same period last year when it was 235 billion ISK. Revenue from foreign tourists has increased by 4% in the last 12 months when compared with the same period the year before, from 587 billion ISK to 612,8 […]

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 number of Icelandic fishing vessels has been gradually decreasing over the years and were 1,531 at the end of 2024. The number of smaller and undecked boats was 820 and has not changed much in recent years. The number of trawlers and decked vessels has, however, decreased in the past 20 years. There are […]

Production of aquaculture products in Iceland in 2024 was nearly 54,800 tonnes, a 10% increase from 2023. The vast majority was Atlantic salmon, with 49,300 tonnes produced. Arctic char amounted to 4,800 tonnes, a 9% decrease, and other species accounted to less than 1,000 tonnes. The export value of all aquaculture products increased by 17% […]

The Icelandic catch amounted to almost 70 thousand tonnes in February 2025, which is 3% more than in February 2024. There was a 5% decrease in demersal fish catch, while pelagic catch increased by 16%.

The total catch of Icelandic vessels in 2024 was 995 thousand tonnes, which is a 28% decrease compared with 2023. This decline is mainly due to the fact that no capelin was caught. The total catch value based on preliminary figures, was approximately 171 billion ISK, representing a 14% reduction from the previous year.

The value of exported goods from Iceland amounted to 79.6 billion ISK fob in March 2025 and the value of imported goods 118,2 billion ISK cif (112.2 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit in March, calculated on fob/cif value, of 38.6 billion ISK as compared with a trade […]

The value of exported goods amounted to 78.5 billion ISK fob in February 2025 (78.5 billion according to preliminary figures) and the value of imported goods was 135.7 billion ISK cif (136.4 billion) after revision of preliminary figures. The trade deficit in February was therefore 57.3 billion ISK (57.9 billion ISK).

The value of exported goods from Iceland amounted to 78.5 billion ISK fob in February 2025 and the value of imported goods 136.4 billion ISK cif (130.9 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit in February, calculated on fob/cif value, of 57.9 billion ISK as compared with a trade […]

The value of exported goods amounted to 93,8 billion ISK fob in January 2025 (93.9 billion according to preliminary figures) and the value of imported goods was 99,4 billion ISK cif (101.5 billion) after revision of preliminary figures. The trade deficit in January was therefore 5,6 billion ISK (7.6 billion ISK).

The value of exported services in the fourth quarter of 2024 is estimated at 212.9 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 34.5 billion ISK compared with a surplus of 34.1 billion ISK for the […]