Changes in inventories in Iceland
Iceland: Changes in inventories was -4.34 billion current LCU in 2025. ◆ Volatile
Changes in inventories in Iceland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for changes in inventories in Iceland is -4.34 billion current LCU, measured in 2025.
Compared with earlier readings it is up 82.3% on the previous year and down 346.4% over ten years.
Over the whole period, changes in inventories in Iceland peaked at 21.60 billion current LCU in 2023 and was at its lowest, -24.47 billion current LCU, in 2024.
That places Iceland 164th out of 185 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.99 million current LCU | -40.69 million current LCU | 67.35 million current LCU | 10 |
| 1980s | -125.40 million current LCU | -2.09 billion current LCU | 1.85 billion current LCU | 10 |
| 1990s | 633.18 million current LCU | -1.80 billion current LCU | 3.05 billion current LCU | 10 |
| 2000s | 2.45 billion current LCU | -7.92 billion current LCU | 12.22 billion current LCU | 10 |
| 2010s | 531.72 million current LCU | -12.09 billion current LCU | 15.52 billion current LCU | 10 |
| 2020s | 4.05 billion current LCU | -24.47 billion current LCU | 21.60 billion current LCU | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is changes in inventories in Iceland?
- Changes in inventories in Iceland was -4.34 billion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Iceland?
- The highest recorded value was 21.60 billion current LCU in 2023.
- What is the lowest changes in inventories recorded in Iceland?
- The lowest recorded value was -24.47 billion current LCU in 2024.
- How does Iceland rank for changes in inventories?
- Iceland ranks 164th out of 185 countries with data for 2025.
- Is changes in inventories rising or falling in Iceland?
- Over the last ten years it is down 346.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.