Tourism in Iceland
Iceland recorded a total of 2 m tourists in 2019, ranking 96th in the world in absolute terms.That smaller countries regularly perform lower in a comparison of the absolute number of guests, is obvious. By putting the tourist numbers in relation to the population of Iceland, the result is much more comparable picture: With 6.0 tourists per resident, Iceland ranked 24th in the world. In Northern Europe, it ranked 1st.
Iceland generated around 3.13 bn US Dollar in the tourism sector alone. This corresponds to 14.41 percent of its the gross domestic product and approximately 3 percent of all international tourism receipts in Northern Europe.
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Back to overview: Iceland
On average, each of the tourists arriving in 2018 spent about 1,101 US Dollars. Conversely, the inhabitants of Iceland spend as much as 2,397 dollars a year when they themselves spend vacations abroad.
Development of the tourism sector in Iceland from 1995 to 2019
The following chart shows the number of tourist arrivals registered in Iceland each year. Anyone who spends at least one night in the country but does not live there for more than 12 months is considered a tourist. Insofar as the survey included the purpose of the trip, business trips and other non-tourism travel purposes have already been excluded. The number of people passing through within the same day, and e.g. crew members of ships or flights are also not considered as tourists in most countries. If the same person travels in and out more than once within the same year, each visit counts again.
Revenues in tourism
In 1995, tourism revenues amounted to 309.00 m USD, or about 4.4 percent of the gross national product. This corresponded to about 211,000 tourists at that time and roughly 1,464 USD per person. Within 23 years, the country's dependence on tourism has increased drastically. In the last year of the survey, the revenue now amounts to 3.13 bn USD, accounting for 11.93 percent of the gross national product. Each visitor now spends an average of 1,257 USD for his holiday in Iceland.
All data for Iceland in detail
| Year | Number | Receipts | % of GNP | Income |
|---|---|---|---|---|
| 2019 | 2.20 m | |||
| 2018 | 2.49 m | 3.13 bn $ | 11.93 % | 1,257 $ |
| 2017 | 2.35 m | 3.02 bn $ | 12.23 % | 1,285 $ |
| 2016 | 1.89 m | 2.41 bn $ | 11.60 % | 1,275 $ |
| 2015 | 1.39 m | 1.62 bn $ | 9.2 % | 1,165 $ |
| 2014 | 1.10 m | 1.38 bn $ | 7.7 % | 1,248 $ |
| 2013 | 900,000 | 1.08 bn $ | 6.7 % | 1,198 $ |
| 2012 | 765,000 | 865.00 m $ | 5.9 % | 1,131 $ |
| 2011 | 628,000 | 751.00 m $ | 4.9 % | 1,196 $ |
| 2010 | 559,000 | 562.00 m $ | 4.1 % | 1,005 $ |
| 2009 | 563,000 | 550.00 m $ | 4.2 % | 977 $ |
| 2008 | 561,000 | 881.00 m $ | 5.0 % | 1,570 $ |
| 2007 | 539,000 | 848.00 m $ | 4.0 % | 1,573 $ |
| 2006 | 477,000 | 702.00 m $ | 4.1 % | 1,472 $ |
| 2005 | 429,000 | 635.00 m $ | 3.8 % | 1,480 $ |
| 2004 | 405,000 | 558.00 m $ | 4.1 % | 1,378 $ |
| 2003 | 348,000 | 486.00 m $ | 4.3 % | 1,397 $ |
| 2002 | 315,000 | 415.00 m $ | 4.5 % | 1,317 $ |
| 2001 | 329,000 | 383.00 m $ | 4.7 % | 1,164 $ |
| 2000 | 328,000 | 386.00 m $ | 4.3 % | 1,177 $ |
| 1999 | 281,000 | 380.00 m $ | 4.3 % | 1,352 $ |
| 1998 | 255,000 | 372.00 m $ | 4.4 % | 1,459 $ |
| 1997 | 223,000 | 314.00 m $ | 4.2 % | 1,408 $ |
| 1996 | 223,000 | 312.00 m $ | 4.3 % | 1,399 $ |
| 1995 | 211,000 | 309.00 m $ | 4.4 % | 1,464 $ |
All data correspond to the information of the World Tourism Organization.
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