The total turnover of enterprises in activities that are subject to VAT amounted to 488 billion ISK in the period of January-February 2014, which is a decrease of 1,8% from the same period of 2013. The biggest increase over the last 12 months has been in Accommodation and food service and in Construction, compared to the prior 12 months. In the same period the most decrease is in Manufacturing.

Turnover
January-February March-February
  2013 2014 % 2012-2013 2013-2014 %
Total 497,137 488,344 -1.8% 3,308,222 3,339,963 1.0%
01/02 Agriculture and forestry 2,140 1,912 -10.6% 44,367 47,155 6.3%
B Mining and quarrying 487 411 -15.5% 3,478 3,777 8.6%
03/10.2 Fishing, aquaculture; fish processing 69,956 65,821 -5.9% 417,798 395,293 -5.4%
C Manufacturing excluding 10.2, fish processing  96,252 88,337 -8.2% 606,894 593,605 -2.2%
D/E Electricity, gas;  water supply; sewerage and waste management 24,637 23,952 -2.8% 142,273 149,490 5.1%
F Construction 16,712 18,715 12.0% 123,318 140,503 13.9%
G Wholesale and retail trade; repair of motor vehicles and motorcycles 167,950 160,606 -4.4% 1,077,489 1,089,885 1.2%
H Transportation and storage 42,716 46,105 7.9% 349,014 338,193 -3.1%
I Accommodation and food service activities 10,428 12,096 16.0% 85,114 99,421 16.8%
J Information and communication 23,143 24,116 4.2% 147,381 153,085 3.9%
L Real estate activities 8,329 9,512 14.2% 53,044 58,287 9.9%
M Professional, scientific and technical activities 15,991 17,604 10.1% 112,614 116,951 3.9%
N Adminstrative and support service activities 8,146 8,921 9.5% 60,580 68,808 13.6%

Statistics