Revenue from non-Icelandic tourists during the fourth quarter of 2022 was 95.7 billion ISK compared with the same period the previous year when it was 59.2 billion ISK. Revenue from non-Icelandic tourists increased by 120% last year when compared with the year before, from 203.2 billion ISK to 447.7 billion ISK.

In January 2023, there were 449,800 overnight stays in Iceland which exceeded January in all previous years. This is an 86% increase between years (241,200) and an 7.5% increase from 2020 (418,300).

Employment in the tourism industries in Iceland was 28,661 in December 2022, an increase of 20% compared with December 2021. In the year 2022, an average of 28,700 individuals worked in the tourism industry compared with 20,800 in the previous year.

According to the first figures, overnight stays at registered accommodations in the year 2022 were 8.8 million compared with 5 millions in 2021 and increased by 77% between years. Icelandic overnights were 21% thereof, or 1.9 millions which is a 4% decrease since the year before. 79% of overnight stays were foreign or around 6.9 […]

Overnight stays in hotels in November 2022 were 353.524 compared with 250,620 in November the year before. The number of overnight stays by Icelanders were 71,095 (+25%) and the number of overnight stays by foreign guests were 282,429 (+46%).

The production of farmed fish in Iceland has multiplied in recent years and was 51 thousand tonnes in 2022 which is 1786 tonnes less than in 2021. Farmed salmon was 90% of the production, arctic char was 4931 tonnes and rainbow trout 1,131 tonnes.

The total fish catch of Icelandic vessels in February 2023 was 145 thousand tonnes, but was 198 thousand tonnes in February last year. This is mainly due to a less catch of pelagic species. Of demersal species, cod was about 22 thousand tonnes.

At the end of 2022, there were 1,540 fishing vessels registered in Iceland compared with 1,549 in 2022. Of those there were 42 trawlers and 27 decked vessels over 1,000 gross tonnage in 2022. Vessels under 11 gross tonnage were 1110 in total. Figures have been updated.

The total catch of Icelandic vessels in 2022 was 1,415 thousand tonnes which is an increase by 23% from the previous year. The value of catch on first sale was 195 billion ISK which is 20% more than in 2021.

The total fish catch of Icelandic vessels in January 2023 was 110 thousand tonnes, but was 220 thousand tonnes in January last year. Of demersal species cod was about 20 thousand tonnes and from pelagic species blue whiting was 72 thousand tonnes.

The value of exported goods from Iceland amounted to 73.8 billion ISK fob in February 2023 and the value of imported goods 99.7 billion ISK cif (93.6 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit, calculated on fob/cif value, of 25.9 billion ISK as compared with a trade deficit of […]

The value of exported goods amounted to 79.3 billion ISK fob in January 2023 (79.3 according to preliminary figures) and the value of imported goods was 93.9 billion ISK cif (94.4 billion). The goods trade deficit in January was therefore 14.6 billion ISK (15.0). Figures have been updated.

The value of exported services in the fourth quarter of 2022 is estimated at 178.5 billion ISK while the value of imported services is estimated at 154.3 billion ISK. Therefore, the surplus in the balance of trade in services is estimated at 24.1 billion ISK compared with a surplus of 20.3 billion ISK for the […]

The total value of exports of services in November 2022 is estimated at 55.8 billion ISK, increasing by 33% compared with November 2021, at current rates of exchange. The total exported value of travel in November is estimated at 20.8 billion ISK, an increase by 49% compared with the same month last year.

The value of exported goods from Iceland amounted to 79.3 billion ISK fob in January 2023 and the value of imported goods 94.4 billion ISK cif (85.8 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit, calculated on fob/cif value, of 15.0 billion ISK as compared with a trade deficit of […]