Business

Tourism
Fisheries
Agriculture
Tourism
- Number of overnight stays in July similar to last year 31/08/2023In July 2023, there were 1,606,000 registered overnight stays in Iceland, which is a 0.4% increase from July 2022 (1,599,300). There was a 1.4% decrease in overnight stays in hotels.
- Tourism short-term indicators in August 17/08/2023Employment in the tourism industries in Iceland was 35,233 in June 2023, an increase of 11% compared with June 2022. In the 12-month period from July 2022 to June 2023, an average of 30,908 individuals worked in the tourism industry compared with 25,665 in the previous 12-month period.
- Overnight stays in June exceeded all previous years 31/07/2023In June 2023, there were 1,170,600 overnight stays in Iceland, which is a 17% increase from June 2022 (1,012,300).
- Tourism short-term indicators in July 20/07/2023Turnover according to VAT reports in Icelandic tourism sectors was just under 121 billion ISK in March to April 2023, an increase of almost 36% from the previous year.
- Registered overnight stays increased by 71% in 2022 12/07/2023Overnight stays in registered accommodation in 2022 were 8.55 million, compared with 5.01 million in 2021. There was an increase in the number of overnight stays between years in all regions, ranging between 22% in the North region, to more than a twofold increase in the Capital region.
Fisheries
- Catch in August was 114 thousand tonnes 15/09/2023The catch of Icelandic vessels in August 2023 was about 114,5 thousand tonnes, 10% more than in August 2022. Demersal catch was 32 thousand tonnes and pelagic catch was 78 thousand tonnes.
- The value of catch in first half of 2023 was 100 billion ISK 08/09/2023The value of catch at first sale was just over 100 billion ISK in the first half of 2023 which is 1% less than for the same period in 2022. Demersal catch in 2023 yielded 67 billion ISK, while the value of pelagic catch was 27 billion ISK and the value of flatfish about 6 […]
- Whaling in 2022 06/09/2023148 fin whales were caught in Iceland in 2022 after a three year break in whale hunting. Figures have been updated.
- Publication of value of catch in first half of 2023 postponed 30/08/2023Publication of a news release on value of catch in first half of 2023, which was scheduled today 30 August 2023, has been postponed until 8 September.
- Catch in July was 102 thousand tonnes 16/08/2023The catch of Icelandic vessels in July 2023 was about 102 thousand tonnes, 16% more than in July 2022. Demersal catch was about 21,700 tonnes and pelagic catch was over 77 thousand tonnes.
External trade
- Trade deficit of 39.3 billion ISK in August 07/09/2023The value of exported goods from Iceland amounted to 68.0 billion ISK fob in August 2023 and the value of imported goods 107.3 billion ISK cif (101.7 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit, calculated on fob/cif value, of 39.3 billion ISK as compared with a trade deficit of […]
- Surplus in balance of trade in services 196.5 billion ISK in 2022 05/09/2023In 2022, the value of exports of services was 759.7 billion ISK and the imports of services 563.2 billion ISK. Therefore, the services trade surplus for the year was 196.5 billion ISK compared with a surplus of 76 billion ISK in 2021 at current exchange rates.
- Trade deficit of 46.7 billion ISK in July 31/08/2023The value of exported goods amounted to 63.0 billion ISK fob in July 2023 (63.1 billion ISK according to preliminary figures) and the value of imported goods was 109.7 billion ISK cif (108.0 billion). The goods trade deficit in July was therefore 46.7 billion ISK (44.9 billion ISK).
- Surplus in balance of trade in goods and services 3.6 billion for the second quarter of 2023 24/08/2023The total export of trade in goods and services is estimated 476.6 billion ISK in the second quarter of 2023 compared with 439.5 billion ISK in the same period the year before. Import of trade in goods and services is estimated at 473 billion ISK in the second quarter of 2023 compared with 436.5 billion […]
- Trade deficit of 44.9 billion ISK in July 08/08/2023The value of exported goods from Iceland amounted to 63.1 billion ISK in July 2023 and the value of imported goods 108.0 billion ISK according to preliminary figures. Thus, there was a trade deficit of 44.9 billion ISK as compared with a trade deficit of 31.3 billion ISK in July 2022 at current rates of […]