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In the second quarter of 2026, registrations of market enterprises were 854, with a total of 754 new registrations of private limited companies during the period. For comparison purposes, there were 844 registrations of market enterprises in the second quarter of 2025. The most of new registrations were in Construction with a total of 133, which was a 6% decrease from the previous year second…
Turnover increased in most of the main industries in Iceland in March and April of 2026 compared with the same months in 2025. Turnover increased most in information technology (with significant growth in data centres) and fishing, aquaculture and fish processing. On the other hand, there was considerable contraction in vehicle sales, metals manufacturing and tourism. Turnover growth exceeded…
In the first quarter of 2026, registrations of market enterprises were 993, with a total of 898 new registrations of private limited companies during the period. For comparison purposes, there were 921 registrations of market enterprises in the first quarter of 2025. The most of new registrations were in Construction with a total of 150, which was a 6% increase from the previous year first…
Turnover increased in most of the main industries in Iceland in January and February of 2026 compared with the same months in 2025. Turnover increased most in vehicle sales, information technology (with significant growth in data centres) and fishing, aquaculture and fish processing. On the other hand, there was considerable contraction in manufacture of basic metals while turnover remained…
The hourly labour cost in Iceland was estimated to be 8,653 ISK in 2025, highest at 12,004 ISK in Financial and insurance activities and lowest at 6,426 ISK in Accomodation and food service activities.
Turnover increased in most of the main industries in Iceland in November and December of 2025 compared with the same months in 2024. Still, growth varied considerably as turnover often increased by less than inflation (4.1%).
In 2025, registrations of market enterprises were 3,350, with a total of 2,916 new registrations of private limited companies during the year. The most of new registrations were in Construction with a total of 527, which was a 2% decrease from the previous year. Overall, the new registration of market enterprises decreased by 1% from 2024.
Turnover increased modestly in most industries in September and October of 2025 compared with the same months in 2024. Nonetheless, growth in the majority of the largest industries was only at or barely exceeding the period’s inflation (4.2%). Still, turnover increased most in the technology sector, specifically information technology, where growth in data centres was dominant. Little changes…
Earnings of enterprises and other operating entities in the Icelandic business economy (excluding financial and insurance activities) declined by 5.3% in 2024. This was primarily due to diminished turnover growth as total revenue increased by only 137 billion ISK or approximately 2.0%. This was considerably less than in 2023 when revenue grew by 8.2% when the tourism industry, vehicle sales and…
In the third quarter of 2025, registrations of market enterprises were 806, with a total of 722 new registrations of private limited companies during the period. For comparison purposes, there were 815 registrations of market enterprises in the third quarter of 2024. The most of new registrations were in Construction with a total of 130, which was 8% decrease from the previous year third quarter.