Turnover according to VAT returns 2008-2018
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ISK million
Sigrún Halldórsdóttir
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This table is no longer updated. More detailed statistics on VAT-turnover can be found at the following URL: https://statice.is/statistics/business-sectors/enterprises/turnover/
The figures show total turnover according to VAT returns, in ISK million and excluding VAT, for every two VAT-accounting months.
For each company, the turnover is classified according to the company's main industry. This should be born in mind when interpreting number in industries where many companies, or large companies, are active in more than one industry. Break-down by industry is based on the Statistics Iceland activity code, ÍSAT2008 which corresponds to NACE rev. 2.
Since January 2016 some activities are not exempt from VAT according to 2. paragraph of the VAT laws any more, e.g. travel agencies and some passanger services.
Manufacturing excluding pharmaceutical industry, NACE 10-20 and 22-33
For the time being, VAT-turnover is pubished excluding the pharmaceutical industry. Data validation is ongoing.