The total turnover of enterprises in activities that are subject to VAT amounted to 639 billion ISK in the period of November-December 2014, which is an increase of 7,7% compared to the same period of 2013. The biggest increase in 2014 has been in Construction and Mining. There is also an increase in Accommodation and food service activities but there is a decrease in Fishing, Fish processing, Agriculture and Forestry.
| Turnover | ||||||
| November - December | January - December | |||||
| 2013 | 2014 | % | 2013 | 2014 | % | |
| Total | 593,151 | 638,794 | 7.7% | 3,346,812 | 3,491,150 | 4.3% |
| 01/02 Agriculture and forestry | 22,126 | 21,583 | -2.5% | 47,670 | 46,649 | -2.1% |
| B Mining and quarrying | 605 | 895 | 47.8% | 3,852 | 4,670 | 21.2% |
| 03/10.2 Fishing, aquaculture; fish processing | 65,193 | 62,111 | -4.7% | 399,163 | 374,723 | -6.1% |
| C Manufacturing excluding 10.2, fish processing | 102,721 | 126,824 | 23.5% | 603,811 | 656,552 | 8.7% |
| D/E Electricity, gas; water supply; sewerage and waste management | 29,209 | 32,129 | 10.0% | 150,176 | 158,490 | 5.5% |
| F Construction | 28,159 | 31,733 | 12.7% | 138,407 | 159,388 | 15.2% |
| G Wholesale and retail trade; repair of motor vehicles and motorcycles | 186,074 | 196,255 | 5.5% | 1,093,355 | 1,121,593 | 2.6% |
| H Transportation and storage | 50,492 | 47,074 | -6.8% | 333,354 | 338,618 | 1.6% |
| I Accommodation and food service activities | 14,118 | 17,383 | 23.1% | 97,962 | 113,130 | 15.5% |
| J Information and communication | 30,071 | 33,312 | 10.8% | 152,261 | 165,946 | 9.0% |
| L Real estate activities | 10,512 | 11,656 | 10.9% | 56,461 | 62,860 | 11.3% |
| M Professional, scientific and technical activities | 25,584 | 28,754 | 12.4% | 118,306 | 128,625 | 8.7% |
| N Adminstrative and support service activities | 11,662 | 13,224 | 13.4% | 68,037 | 77,187 | 13.4% |
| Other fields of activity | 16,626 | 15,861 | -4.6% | 83,998 | 82,719 | -1.5% |