Iceland Trade in Services: Trade Balance: by Services: OECD Member: Annual
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E data was reported at 1,923.800 ISK mn in 2023. This records a decrease from the previous number of 2,204.700 ISK mn for 2022. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E data is updated yearly, averaging 2,473.400 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 19,604.200 ISK mn in 2015 and a record low of -3,212.400 ISK mn in 2019. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. The present section covers intellectual property products that are not included elsewhere in EBOPS 2010. Charges for the use of intellectual property n.i.e. include: Charges for the use of proprietary rights, such as patents, trademarks, copyrights, industrial processes and designs, trade secrets, and franchises, where rights arise from research and development, as well as from marketing, Charges for licences to reproduce and/or distribute intellectual property embodied in produced originals or prototypes, such as copyrights on books and manuscripts, computer software, cinematographic works and sound recordings, and related rights, such as for the recording of live performances and for television, cable or satellite broadcast. The production of books, recordings, films, software, disks, etc., is a two-stage process, of which the first stage is the production of the original and the second stage, the production and use of copies of the original. The output of the first stage is the original itself over which legal or de facto ownership can be established by copyright, patent or secrecy. The owner of the asset may use it directly to produce copies that give the purchaser the right to use. Alternatively, the owner may license other producers to reproduce and distribute the content. The payments made by the licensee may be described in various ways, including as fees, commissions or royalties. In contrast with temporary rights to use, which are included in this category, outright sales of patents, copyrights relating to the results of research and development and industrial processes and designs are included under research and development services. Along the same lines, temporary rights related to computer software and audio-visual originals are treated differently from outright sales.
| Last | Frequency | Range |
|---|---|---|
| 1,923.800 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Franchises And Trademarks Licensing Fees
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Franchises And Trademarks Licensing Fees data was reported at 19,223.800 ISK mn in 2015. This records an increase from the previous number of 5,234.300 ISK mn for 2014. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Franchises And Trademarks Licensing Fees data is updated yearly, averaging 5,234.300 ISK mn from Dec 2013 (Median) to 2015, with 3 observations. The data reached an all-time high of 19,223.800 ISK mn in 2015 and a record low of 1,282.800 ISK mn in 2013. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Franchises And Trademarks Licensing Fees data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 19,223.800 2015 | yearly | 2013 - 2015 |
View Iceland's IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Franchises And Trademarks Licensing Fees from 2013 to 2015 in the chart:
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Audiovisual And Related Products
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Audiovisual And Related Products data was reported at -2,150.600 ISK mn in 2015. This records a decrease from the previous number of -1,889.300 ISK mn for 2014. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Audiovisual And Related Products data is updated yearly, averaging -1,889.300 ISK mn from Dec 2013 (Median) to 2015, with 3 observations. The data reached an all-time high of -1,380.200 ISK mn in 2013 and a record low of -2,150.600 ISK mn in 2015. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Audiovisual And Related Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -2,150.600 2015 | yearly | 2013 - 2015 |
View Iceland's IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Audiovisual And Related Products from 2013 to 2015 in the chart:
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Computer Software
IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Computer Software data was reported at 2,209.100 ISK mn in 2015. This records an increase from the previous number of 1,564.100 ISK mn for 2014. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Computer Software data is updated yearly, averaging 1,688.800 ISK mn from Dec 2013 (Median) to 2015, with 3 observations. The data reached an all-time high of 2,209.100 ISK mn in 2015 and a record low of 1,564.100 ISK mn in 2014. IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Computer Software data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 2,209.100 2015 | yearly | 2013 - 2015 |
View Iceland's IS: Trade Balance: All Services: Charges For The Use Of Intellectual Property N.I.E: Licenses To Reproduce And/Or Distribute Computer Software from 2013 to 2015 in the chart:
IS: Trade Balance: All Services: Government Goods And Services N.I.E.
IS: Trade Balance: All Services: Government Goods And Services N.I.E. data was reported at 119.300 ISK mn in 2023. This records an increase from the previous number of -199.100 ISK mn for 2022. IS: Trade Balance: All Services: Government Goods And Services N.I.E. data is updated yearly, averaging 292.300 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 1,068.500 ISK mn in 2014 and a record low of -199.100 ISK mn in 2022. IS: Trade Balance: All Services: Government Goods And Services N.I.E. data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. Government goods and services n.i.e. covers: Goods and services supplied by and to enclaves, such as embassies and military bases, Goods and services acquired from the host economy by diplomats, consular staff and military personnel located abroad and their dependants, Services supplied by and to governments and not included in other categories of services. EBOPS 2010 recommends that government goods and services n.i.e. be further classified according to the following breakdown: Embassies and consulates, Military units and agencies, Other government goods and services n.i.e. This further breakdown is based on the transactor, that is, the government unit undertaking the transaction, rather than on the type of transaction.
| Last | Frequency | Range |
|---|---|---|
| 119.300 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Government Goods And Services N.I.E. from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Insurance And Pension Services
IS: Trade Balance: All Services: Insurance And Pension Services data was reported at -730.700 ISK mn in 2023. This records an increase from the previous number of -1,522.000 ISK mn for 2022. IS: Trade Balance: All Services: Insurance And Pension Services data is updated yearly, averaging -1,624.200 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -417.400 ISK mn in 2020 and a record low of -2,776.700 ISK mn in 2013. IS: Trade Balance: All Services: Insurance And Pension Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. Insurance and pension services covers the provision to non-residents of various types of insurance by resident insurance enterprises, and vice versa.MSITS 2010 recommends that insurance and pension services be disaggregated into four separate sub-components: direct insurance; reinsurance; auxiliary insurance; and pension and standardized guarantee services. Direct insurance is further broken down into life insurance, freight insurance and other direct insurance. Pension and standardized guarantee services is further broken down into pension services and standardized guarantee services.Insurance provides individual units (Governments, enterprises and households) exposed to certain risks with financial protection against the consequences of the occurrence of specified events. In addition, insurers often act as financial intermediaries who invest funds collected from these units in financial or other assets in order to meet future claims. Pension funds are established to provide benefits for retirement or invalidity of specific groups of employees. They are similar to insurance in that they act as intermediaries with regard to investing the funds for their beneficiaries and redistribute some risks. Insurance and pension fund operations have common features, but they can be distinguished. While life insurance and pension funds include a large saving component, the objective of non-life insurance (including term life insurance) is largely to pool risk. The transactions undertaken by insurers include charging premiums, paying claims and investing funds. Similarly, pension fund transactions include receiving contributions, paying benefits and investing funds. In order to analyse the economic processes underlying these operations, it is necessary to examine their components so as to separate services from other elements such as income transfers.Cross-border insurance transactions are particularly common in specialized areas involving reinsurance and high-value items such as ships and aircraft. For some small economies, the small size of their risk pool means that a wider range of items tend to be insured by non-residents. With the international mobility of populations, cross-border transactions in life insurance and pensions can also occur on a significant scale.Direct insurance and reinsurance may apply to both life and non-life policies. A direct insurance transaction occurs between an insurance company and the public. Reinsurance is defined as insurance where both parties to the policy are providers of insurance services; that is to say, reinsurance allows insurance risk to be transferred from one insurer to another. Many insurers act as both direct insurers and reinsurers. Reinsurance and direct insurance services are estimated or valued by the service charges included in the total premiums.
| Last | Frequency | Range |
|---|---|---|
| -730.700 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Insurance And Pension Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Insurance And Pension Services: Auxiliary Insurance Services
IS: Trade Balance: All Services: Insurance And Pension Services: Auxiliary Insurance Services data was reported at 1,471.500 ISK mn in 2021. This records an increase from the previous number of 1,375.900 ISK mn for 2020. IS: Trade Balance: All Services: Insurance And Pension Services: Auxiliary Insurance Services data is updated yearly, averaging 929.200 ISK mn from Dec 2013 (Median) to 2021, with 9 observations. The data reached an all-time high of 1,492.300 ISK mn in 2015 and a record low of 524.300 ISK mn in 2018. IS: Trade Balance: All Services: Insurance And Pension Services: Auxiliary Insurance Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 1,471.500 2021 | yearly | 2013 - 2021 |
View Iceland's IS: Trade Balance: All Services: Insurance And Pension Services: Auxiliary Insurance Services from 2013 to 2021 in the chart:
IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance
IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance data was reported at -879.900 ISK mn in 2023. This records an increase from the previous number of -896.100 ISK mn for 2022. IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance data is updated yearly, averaging -1,112.600 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -247.100 ISK mn in 2019 and a record low of -2,324.500 ISK mn in 2016. IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -879.900 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Freight Insurance
IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Freight Insurance data was reported at 15.000 ISK mn in 2021. This records an increase from the previous number of -15.500 ISK mn for 2020. IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Freight Insurance data is updated yearly, averaging -14.450 ISK mn from Dec 2013 (Median) to 2021, with 4 observations. The data reached an all-time high of 15.000 ISK mn in 2021 and a record low of -308.500 ISK mn in 2013. IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Freight Insurance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 15.000 2021 | yearly | 2013 - 2021 |
View Iceland's IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Freight Insurance from 2013 to 2021 in the chart:
IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Other Direct Insurance
IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Other Direct Insurance data was reported at -879.900 ISK mn in 2023. This records an increase from the previous number of -896.100 ISK mn for 2022. IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Other Direct Insurance data is updated yearly, averaging -1,112.600 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -247.100 ISK mn in 2019 and a record low of -2,311.100 ISK mn in 2016. IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Other Direct Insurance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -879.900 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Insurance And Pension Services: Direct Insurance: Other Direct Insurance from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services
IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services data was reported at -13.700 ISK mn in 2019. IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services data is updated yearly, averaging -13.700 ISK mn from Dec 2019 (Median) to 2019, with 1 observations. The data reached an all-time high of -13.700 ISK mn in 2019 and a record low of -13.700 ISK mn in 2019. IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -13.700 2019 | yearly | 2019 - 2019 |
View Iceland's IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services from 2019 to 2019 in the chart:
IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services: Pension Services
IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services: Pension Services data was reported at -13.700 ISK mn in 2019. IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services: Pension Services data is updated yearly, averaging -13.700 ISK mn from Dec 2019 (Median) to 2019, with 1 observations. The data reached an all-time high of -13.700 ISK mn in 2019 and a record low of -13.700 ISK mn in 2019. IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services: Pension Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -13.700 2019 | yearly | 2019 - 2019 |
View Iceland's IS: Trade Balance: All Services: Insurance And Pension Services: Pension And Standardized Guarantee Services: Pension Services from 2019 to 2019 in the chart:
IS: Trade Balance: All Services: Other Business Services
IS: Trade Balance: All Services: Other Business Services data was reported at -47,095.300 ISK mn in 2023. This records a decrease from the previous number of -33,213.000 ISK mn for 2022. IS: Trade Balance: All Services: Other Business Services data is updated yearly, averaging -31,680.300 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -1,530.400 ISK mn in 2020 and a record low of -47,095.300 ISK mn in 2023. IS: Trade Balance: All Services: Other Business Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. MSITS 2010 coverage of other business services is identical to that of BPM6, although with a greater disaggregation. EBOPS 2010 identifies three sub-components: research and development services, professional and management consulting services and technical, trade-related and other business services. Within these three sub-components, a number of further breakdowns are suggested.
| Last | Frequency | Range |
|---|---|---|
| -47,095.300 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Other Business Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Other Business Services: Professional And Management Consulting Services: Marketing Services
IS: Trade Balance: All Services: Other Business Services: Professional And Management Consulting Services: Marketing Services data was reported at -11,407.600 ISK mn in 2022. This records a decrease from the previous number of -8,964.000 ISK mn for 2021. IS: Trade Balance: All Services: Other Business Services: Professional And Management Consulting Services: Marketing Services data is updated yearly, averaging -6,122.100 ISK mn from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of -3,913.400 ISK mn in 2013 and a record low of -11,407.600 ISK mn in 2022. IS: Trade Balance: All Services: Other Business Services: Professional And Management Consulting Services: Marketing Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -11,407.600 2022 | yearly | 2013 - 2022 |
View Iceland's IS: Trade Balance: All Services: Other Business Services: Professional And Management Consulting Services: Marketing Services from 2013 to 2022 in the chart:
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services data was reported at 14,659.500 ISK mn in 2023. This records a decrease from the previous number of 17,211.000 ISK mn for 2022. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services data is updated yearly, averaging 5,098.700 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 17,211.000 ISK mn in 2022 and a record low of 976.400 ISK mn in 2017. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 14,659.500 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Engineering
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Engineering data was reported at 700.900 ISK mn in 2023. This records a decrease from the previous number of 953.000 ISK mn for 2022. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Engineering data is updated yearly, averaging 1,372.800 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 5,603.300 ISK mn in 2015 and a record low of 600.600 ISK mn in 2021. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Engineering data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 700.900 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Engineering from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Other
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Other data was reported at 16,172.700 ISK mn in 2022. This records an increase from the previous number of 6,621.600 ISK mn for 2021. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Other data is updated yearly, averaging 170.200 ISK mn from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of 16,172.700 ISK mn in 2022 and a record low of -464.600 ISK mn in 2014. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Other data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 16,172.700 2022 | yearly | 2013 - 2022 |
View Iceland's IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Architectural, Engineering, Scientific And Technical Services: Other from 2013 to 2022 in the chart:
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Operating Leasing Services
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Operating Leasing Services data was reported at -23,085.300 ISK mn in 2023. This records a decrease from the previous number of -16,556.700 ISK mn for 2022. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Operating Leasing Services data is updated yearly, averaging -13,927.800 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -9,120.800 ISK mn in 2020 and a record low of -23,085.300 ISK mn in 2023. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Operating Leasing Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -23,085.300 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Operating Leasing Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Trade-Related Services
IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Trade-Related Services data was reported at -387.700 ISK mn in 2023. This records an increase from the previous number of -4,125.000 ISK mn for 2022. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Trade-Related Services data is updated yearly, averaging -1,282.500 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 2,674.400 ISK mn in 2020 and a record low of -7,660.600 ISK mn in 2018. IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Trade-Related Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -387.700 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Other Business Services: Technical, Trade-Related And Other Business Services: Trade-Related Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Other Business Servicess: Technical, Trade-Related And Other Business Services
IS: Trade Balance: All Services: Other Business Servicess: Technical, Trade-Related And Other Business Services data was reported at -31,078.700 ISK mn in 2023. This records a decrease from the previous number of -20,055.800 ISK mn for 2022. IS: Trade Balance: All Services: Other Business Servicess: Technical, Trade-Related And Other Business Services data is updated yearly, averaging -20,055.800 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -15,345.300 ISK mn in 2021 and a record low of -31,078.700 ISK mn in 2023. IS: Trade Balance: All Services: Other Business Servicess: Technical, Trade-Related And Other Business Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -31,078.700 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Other Business Servicess: Technical, Trade-Related And Other Business Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services
IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services data was reported at -16,076.200 ISK mn in 2023. This records a decrease from the previous number of -14,053.300 ISK mn for 2022. IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services data is updated yearly, averaging -10,154.500 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 2,013.500 ISK mn in 2013 and a record low of -17,492.500 ISK mn in 2021. IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. Personal, cultural, and recreational services comprises two sub-components, audiovisual and related services and other personal, cultural, and recreational services. Audio-visual and related services covers services associated with audio-visual activities (movies, music, radio and television) as well as services relating to the performing arts. Audio-visual services relates to the production of motion pictures (on film, videotape, or disk or transmitted electronically), radio and television programmes (live or on tape) and musical recordings. Performing arts and other live entertainment event presentation and promotion services (namely, live performances such as concerts and plays) are excluded from this item and included in artistic related services. However, the recording of live performances is included in audio-visual services and for these recordings, the same treatment as for other audio-visual products applies. Included in audio-visual services are amounts receivable or payable for rentals of audio-visual and related products and charges for access to encrypted television channels (such as those offering cable and satellite services).Artistic related services includes the services provided by performing artists (actors, musicians, dancers, etc.), authors, composers and sculptors. It also includes services provided by independent models as well as set, costume and lighting designers. Transactions are included if the service providers are not employees of the entity making payments (otherwise, they represent compensation of employees). Also included are presentation and promotion services for performing arts and other live entertainment events. However, the recording of such events is included in audio-visual services.
| Last | Frequency | Range |
|---|---|---|
| -16,076.200 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services: Other Personal, Cultural, And Recreational Services
IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services: Other Personal, Cultural, And Recreational Services data was reported at -14,271.700 ISK mn in 2023. This records a decrease from the previous number of -13,413.200 ISK mn for 2022. IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services: Other Personal, Cultural, And Recreational Services data is updated yearly, averaging -5,985.300 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -438.400 ISK mn in 2013 and a record low of -14,271.700 ISK mn in 2023. IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services: Other Personal, Cultural, And Recreational Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -14,271.700 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Personal, Cultural, And Recreational Services: Other Personal, Cultural, And Recreational Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services data was reported at 5,502.900 ISK mn in 2023. This records a decrease from the previous number of 9,316.700 ISK mn for 2022. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services data is updated yearly, averaging 5,502.900 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 9,966.500 ISK mn in 2019 and a record low of 2,458.000 ISK mn in 2020. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. MSITS 2010 recommends that the BPM6 component telecommunications, computer, and information services be further disaggregated into three sub-components: telecommunications services, computer services and information services.Computer services and telecommunications services are defined in terms of the nature of the service, not the method of delivery. To illustrate, provision of business services, such as accounting services, is included under the appropriate sub-component of other business services even if these services are entirely delivered by computers or the Internet. Only amounts payable for transmission should be included under telecommunications services. Downloaded content is included in the appropriate services items.Telecommunications services covers the broadcast or transmission of sound, images, data, or other information by telephone, telex, telegram, radio and television cable transmission, radio and television satellite, electronic mail, facsimile, etc., and includes business network services, teleconferencing and support services. It does not include the value of the information transported. Also included are mobile telecommunications services, Internet backbone services and online access services, including the provision of access to the Internet. Excluded are installation services for telephone network equipment (included in construction), and database services (included in information services).Computer services consists of hardware- and software-related services and dataprocessing services. Some forms of software are classified under goods. EBOPS 2010 proposes a complementary grouping, computer software transactions, covering all transactions relating to computer software, be it services or goods transactions; and recommends the breakdown of computer services into computer software and other computer services.
| Last | Frequency | Range |
|---|---|---|
| 5,502.900 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Computer Services
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Computer Services data was reported at 18,000.000 ISK mn in 2023. This records an increase from the previous number of 17,324.800 ISK mn for 2022. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Computer Services data is updated yearly, averaging 12,259.900 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 18,000.000 ISK mn in 2023 and a record low of 6,917.400 ISK mn in 2013. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Computer Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 18,000.000 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Computer Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services data was reported at -6,301.200 ISK mn in 2022. This records an increase from the previous number of -6,486.500 ISK mn for 2021. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services data is updated yearly, averaging -2,562.600 ISK mn from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of -1,461.400 ISK mn in 2013 and a record low of -6,486.500 ISK mn in 2021. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -6,301.200 2022 | yearly | 2013 - 2022 |
View Iceland's IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services from 2013 to 2022 in the chart:
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services: Other Information Services
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services: Other Information Services data was reported at -10,662.800 ISK mn in 2023. This records a decrease from the previous number of -6,258.600 ISK mn for 2022. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services: Other Information Services data is updated yearly, averaging -2,685.700 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -1,705.000 ISK mn in 2013 and a record low of -10,662.800 ISK mn in 2023. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services: Other Information Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -10,662.800 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Information Services: Other Information Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Telecommunications Services
IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Telecommunications Services data was reported at -1,804.500 ISK mn in 2023. This records a decrease from the previous number of -1,721.100 ISK mn for 2022. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Telecommunications Services data is updated yearly, averaging -1,640.000 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -427.500 ISK mn in 2016 and a record low of -4,699.700 ISK mn in 2021. IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Telecommunications Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -1,804.500 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services: Telecommunications Services from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Transport
IS: Trade Balance: All Services: Transport data was reported at 160,314.800 ISK mn in 2023. This records an increase from the previous number of 115,541.600 ISK mn for 2022. IS: Trade Balance: All Services: Transport data is updated yearly, averaging 115,541.600 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 160,314.800 ISK mn in 2023 and a record low of 30,748.000 ISK mn in 2020. IS: Trade Balance: All Services: Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. Transport covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services and rentals (charters) of carriers with crew. Also included are postal and courier services. Transport can be classified according to mode of transport and what is carried (passengers or freight).A transport provider may subcontract in order to be able to use the services of other operators in providing part of the final transport service. Such services should be recorded on a gross basis. For example, a courier service provider might contract separately with more than one transport operator. Commissions payable by providers of transport services to an agent should be separately recorded.
| Last | Frequency | Range |
|---|---|---|
| 160,314.800 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Transport from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Transport: Air Transport
IS: Trade Balance: All Services: Transport: Air Transport data was reported at 66,246.200 ISK mn in 2021. This records an increase from the previous number of 50,999.200 ISK mn for 2020. IS: Trade Balance: All Services: Transport: Air Transport data is updated yearly, averaging 130,731.700 ISK mn from Dec 2013 (Median) to 2021, with 9 observations. The data reached an all-time high of 161,742.500 ISK mn in 2018 and a record low of 50,999.200 ISK mn in 2020. IS: Trade Balance: All Services: Transport: Air Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 66,246.200 2021 | yearly | 2013 - 2021 |
View Iceland's IS: Trade Balance: All Services: Transport: Air Transport from 2013 to 2021 in the chart:
IS: Trade Balance: All Services: Transport: Air Transport: Freight
IS: Trade Balance: All Services: Transport: Air Transport: Freight data was reported at 27,141.700 ISK mn in 2023. This records a decrease from the previous number of 35,161.700 ISK mn for 2022. IS: Trade Balance: All Services: Transport: Air Transport: Freight data is updated yearly, averaging 17,437.200 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 35,161.700 ISK mn in 2022 and a record low of 12,824.600 ISK mn in 2016. IS: Trade Balance: All Services: Transport: Air Transport: Freight data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 27,141.700 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Transport: Air Transport: Freight from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Transport: Air Transport: Other
IS: Trade Balance: All Services: Transport: Air Transport: Other data was reported at -820.200 ISK mn in 2023. This records an increase from the previous number of -2,915.900 ISK mn for 2022. IS: Trade Balance: All Services: Transport: Air Transport: Other data is updated yearly, averaging -8,914.700 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -240.200 ISK mn in 2021 and a record low of -12,918.300 ISK mn in 2015. IS: Trade Balance: All Services: Transport: Air Transport: Other data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -820.200 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Transport: Air Transport: Other from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Transport: Inland Waterway Transport: Freight
IS: Trade Balance: All Services: Transport: Inland Waterway Transport: Freight data was reported at -219.600 ISK mn in 2019. This records a decrease from the previous number of -12.800 ISK mn for 2018. IS: Trade Balance: All Services: Transport: Inland Waterway Transport: Freight data is updated yearly, averaging -116.200 ISK mn from Dec 2018 (Median) to 2019, with 2 observations. The data reached an all-time high of -12.800 ISK mn in 2018 and a record low of -219.600 ISK mn in 2019. IS: Trade Balance: All Services: Transport: Inland Waterway Transport: Freight data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -219.600 2019 | yearly | 2018 - 2019 |
View Iceland's IS: Trade Balance: All Services: Transport: Inland Waterway Transport: Freight from 2018 to 2019 in the chart:
IS: Trade Balance: All Services: Transport: Passenger
IS: Trade Balance: All Services: Transport: Passenger data was reported at 105,855.000 ISK mn in 2022. This records an increase from the previous number of 32,522.500 ISK mn for 2021. IS: Trade Balance: All Services: Transport: Passenger data is updated yearly, averaging 115,223.150 ISK mn from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of 158,084.800 ISK mn in 2018 and a record low of 23,265.800 ISK mn in 2020. IS: Trade Balance: All Services: Transport: Passenger data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 105,855.000 2022 | yearly | 2013 - 2022 |
View Iceland's IS: Trade Balance: All Services: Transport: Passenger from 2013 to 2022 in the chart:
IS: Trade Balance: All Services: Transport: Road Transport: Freight
IS: Trade Balance: All Services: Transport: Road Transport: Freight data was reported at -9,022.400 ISK mn in 2023. This records an increase from the previous number of -9,217.200 ISK mn for 2022. IS: Trade Balance: All Services: Transport: Road Transport: Freight data is updated yearly, averaging -7,820.300 ISK mn from Dec 2018 (Median) to 2023, with 6 observations. The data reached an all-time high of -4,757.500 ISK mn in 2018 and a record low of -9,217.200 ISK mn in 2022. IS: Trade Balance: All Services: Transport: Road Transport: Freight data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -9,022.400 2023 | yearly | 2018 - 2023 |
View Iceland's IS: Trade Balance: All Services: Transport: Road Transport: Freight from 2018 to 2023 in the chart:
IS: Trade Balance: All Services: Transport: Sea Transport
IS: Trade Balance: All Services: Transport: Sea Transport data was reported at -21,400.200 ISK mn in 2023. This records a decrease from the previous number of -18,078.700 ISK mn for 2022. IS: Trade Balance: All Services: Transport: Sea Transport data is updated yearly, averaging -13,633.100 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -8,629.900 ISK mn in 2016 and a record low of -21,400.200 ISK mn in 2023. IS: Trade Balance: All Services: Transport: Sea Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -21,400.200 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Transport: Sea Transport from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Transport: Sea Transport: Freight
IS: Trade Balance: All Services: Transport: Sea Transport: Freight data was reported at -14,286.700 ISK mn in 2023. This records a decrease from the previous number of -12,090.400 ISK mn for 2022. IS: Trade Balance: All Services: Transport: Sea Transport: Freight data is updated yearly, averaging -10,803.900 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -8,811.500 ISK mn in 2014 and a record low of -14,286.700 ISK mn in 2023. IS: Trade Balance: All Services: Transport: Sea Transport: Freight data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -14,286.700 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Transport: Sea Transport: Freight from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Travel
IS: Trade Balance: All Services: Travel data was reported at 205,366.900 ISK mn in 2023. This records an increase from the previous number of 131,273.300 ISK mn for 2022. IS: Trade Balance: All Services: Travel data is updated yearly, averaging 131,273.300 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 205,366.900 ISK mn in 2023 and a record low of 15,938.200 ISK mn in 2020. IS: Trade Balance: All Services: Travel data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. This component of EBOPS 2010 differs from most internationally traded services in that it is transactor-based. Unlike most services in EBOPS, travel is not a specific product; rather, it encompasses a range of goods and services consumed by non-residents in the economy that they visit. Travel is defined as covering goods and services for own use or to be given away, acquired from an economy, by non-residents during visits to that economy. It covers stays of any length, provided that there is no change in residence.Travel includes goods and services acquired by persons undertaking study or medical care while outside the territory of residence. It also includes acquisitions of goods and services by seasonal, border and other short-term workers in the economy of employment.The goods and services may be purchased by the persons concerned or by another party on their behalf; for example, business travel may be paid for or reimbursed by an employer; tuition and living costs of a student may be paid by a overnment; and health costs may be paid or reimbursed by a Government or insurer. Goods and services supplied by the producer without charge are also included, for example, tuition and board provided by a university.The most common goods and services entered under travel are accommodation, food, beverages and transport purchased within the economy visited (all of which are consumed in the supplying economy). Gifts, souvenirs and other articles that are purchased for own use and that may be taken out of the economies visited are also included.In line with the accrual principle, goods and services acquired during the visit, but paid for earlier or later, are included in travel. Goods and services may be acquired by being paid for by the person going abroad, paid for on his or her behalf, provided without a quid pro quo (for example, free room and board received: in such a case, there is also a corresponding transfer) or produced on own account (as in some cases of ownership of real estate and time-share accommodation).The goods and services for own use or to be given away, purchased by or provided to the non-resident while on the trip that would otherwise be classified under another item, such as postal services, telecommunications, and transport, are included in travel. This includes transport within a particular economy being visited where such transport is provided by carriers resident in that economy but excludes the international carriage of persons, which is covered in passenger services under transport services. Also excluded are goods purchased for resale in the resident's own economy or in a third economy. The acquisition of valuables (such as jewellery and expensive art), consumer durable goods (such as cars and electronic goods) and other consumer purchases for own use that is in excess of customs thresholds, are excluded. These goods are included in general merchandise.Travel excludes the acquisition of goods and services by diplomats, consular staff, military personnel, etc., and their dependants in the territory in which they are posted (included in Government goods and services n.i.e.).
| Last | Frequency | Range |
|---|---|---|
| 205,366.900 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Travel from 2013 to 2023 in the chart:
IS: Trade Balance: All Services: Travel: Business
IS: Trade Balance: All Services: Travel: Business data was reported at -11,441.400 ISK mn in 2021. This records a decrease from the previous number of -8,456.100 ISK mn for 2020. IS: Trade Balance: All Services: Travel: Business data is updated yearly, averaging -17,907.100 ISK mn from Dec 2013 (Median) to 2021, with 9 observations. The data reached an all-time high of -8,456.100 ISK mn in 2020 and a record low of -27,456.000 ISK mn in 2019. IS: Trade Balance: All Services: Travel: Business data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -11,441.400 2021 | yearly | 2013 - 2021 |
View Iceland's IS: Trade Balance: All Services: Travel: Business from 2013 to 2021 in the chart:
IS: Trade Balance: All Services: Travel: Personal: Education-Related
IS: Trade Balance: All Services: Travel: Personal: Education-Related data was reported at -790.400 ISK mn in 2023. This records an increase from the previous number of -1,137.900 ISK mn for 2022. IS: Trade Balance: All Services: Travel: Personal: Education-Related data is updated yearly, averaging -790.400 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 1,662.600 ISK mn in 2018 and a record low of -4,481.700 ISK mn in 2013. IS: Trade Balance: All Services: Travel: Personal: Education-Related data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| -790.400 2023 | yearly | 2013 - 2023 |
View Iceland's IS: Trade Balance: All Services: Travel: Personal: Education-Related from 2013 to 2023 in the chart:
IS: Trade Balance: Commercial Services
IS: Trade Balance: Commercial Services data was reported at 291,340.400 ISK mn in 2023. IS: Trade Balance: Commercial Services data is updated yearly, averaging 291,340.400 ISK mn from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 291,340.400 ISK mn in 2023 and a record low of 291,340.400 ISK mn in 2023. IS: Trade Balance: Commercial Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. Commercial services' is calculated by the OECD. Commercial services = Total services minus Government goods and services n.i.e.
| Last | Frequency | Range |
|---|---|---|
| 291,340.400 2023 | yearly | 2023 - 2023 |
View Iceland's IS: Trade Balance: Commercial Services from 2023 to 2023 in the chart:
IS: Trade Balance: Other Services
IS: Trade Balance: Other Services data was reported at -48,884.800 ISK mn in 2023. This records a decrease from the previous number of -37,266.900 ISK mn for 2022. IS: Trade Balance: Other Services data is updated yearly, averaging -21,271.800 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of -896.600 ISK mn in 2020 and a record low of -48,884.800 ISK mn in 2023. IS: Trade Balance: Other Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. 'Other services' is calculated by the OECD. Other services = Construction plus Insurance and pension services plus Financial services plus Charges for the use of intellectual property n.i.e plus Telecommunications, computer, and information services plus Other business services plus Personal, cultural, and recreational services plus Government goods and services n.i.e. plus Services not allocated
| Last | Frequency | Range |
|---|---|---|
| -48,884.800 2023 | yearly | 2013 - 2023 |