Business

Tourism
Fisheries
Agriculture
Tourism
- Almost threefold increase in overnight stays between years 30/06/2022In May 2022, there were 557,700 overnight stays in Iceland compared with 190,100 in May 2021. Domestic overnight stays were 21% thereof, or 119,700, and the foreign were 438,000 (79%). Overnight stays in hotels and guesthouses were 423,900, while 133,800 were in other types of accommodation.
- Tourism short-term indicators in June 16/06/2022Turnover according to VAT reports in Icelandic tourism sectors just over 87.2 billion ISK in March to April, an increase of almost 166% from the previous year. In May, there were 177,014 departures of passengers from Keflavik airport compared with 18,774 in May 2021. Departures of passengers with foreign citizenship were 112,032 compared with 14,395 […]
- More than twice as many overnight stays at hotels in May 10/06/2022The preliminary estimate of overnight stays in hotels in May 2022 was 255,000 (95% CI 241,000-270,000) and bed occupancy rates were 34.6% (95% CI 32.7%-36.6%). Icelandic overnight stays were 54,000 (95% CI 46,000-62,000) and foreign overnight stays 201,000 (95% CI 188,000-215,000). Compared with May 2021 (102,800) total overnight stays more than doubled. Figures have been […]
- Fivefold increase in overnight stays between years 31/05/2022In April 2022, there were 459,000 overnight stays in Iceland compared with 84,900 in April 2021. Domestic overnight stays were 28% thereof, or 127,000, and the foreign were 332,000 (72%). There was more than fivefold increase in overnight stays between years, driven by an increase in overnight stays of foreign travellers.
- 68% increase in registered foreign overnight stays in 2021 24/05/2022Overnight stays in registered accommodation in 2021 were 5.0 million compared with 3.3 million in 2020. There was an increase in the number of overnight stays between years in all regions, ranging between 33% in the East region, to a twofold increase in the Southwest.
Fisheries
- Value of catch in April was 16,1 billion ISK 30/06/2022Value of catch in April based on preliminary data from the Directorate of fisheries, was 16,1 billion ISK, 27% more than in April 2021. Value of catch in the 12 month period between May 2021 to April 2022 was 178 billion ISK, a 12,6% increase compared to same period year earlier. Figures have been updated.
- Fish catch was 144 thousand tonnes in May 15/06/2022The total fish catch in May 2022 was nearly 144 thousand tonnes according to preliminary data, which is a 36 thousand tonnes increase compared with May 2021. In the 12 months period from June 2021 to May 2022 the total catch was about 1,517 thousand tonnes which is 39% more than in the same period […]
- Value of catch in the first quarter was 56 billion ISK 09/06/2022In the first three months of 2022, the catch of Icelandic vessels was 564 thousand tonnes according to preliminary statistics, 136% more than during the same period in 2021.
- Publication of value of catch in the first quarter of 2022 postponed 31/05/2022Publication of a news release on the value of catch in the first quarter of 2021, which was scheduled today Tuesday 31 May, has been postponed until Thursday 9 June.
- Fish catch was 111 thousand tonnes in April 13/05/2022The total fish catch in April 2022 was 111 thousand tonnes according to preliminary data, which is a 4 thousand tonnes decrease compared to April 2021. Demersal catch was 45 thousand tonnes and pelagic catch was 63 thousand tonnes.
External trade
- Trade deficit of 28.3 billion ISK in May 30/06/2022The value of exported goods from Iceland amounted to 92.6 billion ISK fob in May 2022 (93.2 according to preliminary figures at the beginning of the month) and the value of imported goods 120.9 (121.4) billion ISK cif according to revised preliminary figures. Thus, there was a trade deficit of 28.3 billion ISK. Deviation from […]
- Trade deficit of 28.3 billion ISK in May 08/06/2022The value of exported goods from Iceland amounted to 93.1 billion ISK fob in May 2022 and the value of imported goods 121.4 billion ISK cif (109.3 billion ISK fob). Thus, there was a trade deficit, calculated on fob/cif value, of 28.3 billion ISK as compared with a trade deficit of 14.8 billion ISK in […]
- Trade deficit of 16.9 billion ISK in April 31/05/2022The value of exported goods from Iceland amounted to 74.8 billion ISK fob in April 2022 and the value of imported goods 91.8 billion ISK cif according to revised preliminary figures. Deviations from preliminary figures are due to the fact that they lacked export of marine products and import of fuel was overestimated. Thus, there […]
- Deficit in balance of trade in services 5.4 billion for the first quarter of 2022 25/05/2022The exported value of services in the first quarter of 2022 is estimated at 112.9 billion ISK while the imported value of services is estimated at 118.3 billion ISK. Therefore, the deficit in the balance of trade in services is estimated at 5.4 billion ISK compared with a deficit of 8.3 billion ISK for the […]
- Trade deficit of 231.8 billion ISK in 2021 19/05/2022The value of exported goods from Iceland in 2021 amounted to 762.4 billion ISK fob and the value of imported goods amounted to 994.3 billion ISK cif (926.5 billion ISK fob). Thus there was a trade deficit, calculated on fob value, of 231.8 ISK billion in 2021 compared with a trade deficit of 145.3 billion […]