The total turnover of enterprises in activities that are subject to VAT amounted to 610 billion ISK in the period of July-August 2014, which is an increase of 4,2% compared to the same period of 2013. The biggest increase over the last 12 months has been in Construction, about 16,1% increase. Also there´s an increase in Accommodation and food service and in Mining and quarrying, compared to the prior 12 months.

Turnover
July August September - August
  2013 2014 % 2012-2013 2013-2014 %
Total 585,377 610,058 4.2% 3,324,482 3,398,181 2.2%
01/02 Agriculture and forestry 2,567 2,439 -5.0% 46,138 46,960 1.8%
B Mining and quarrying 735 890 21.1% 3,684 4,211 14.3%
03/10.2 Fishing, aquaculture; fish processing 61,301 62,535 2.0% 391,300 381,080 -2.6%
C Manufacturing excluding 10.2, fish processing  99,425 107,376 8.0% 600,347 606,200 1.0%
D/E Electricity, gas;  water supply; sewerage and waste management 23,983 25,193 5.0% 147,574 152,497 3.3%
F Construction 24,785 28,719 15.9% 131,484 152,628 16.1%
G Wholesale and retail trade; repair of motor vehicles and motorcycles 196,003 197,714 0.9% 1,088,067 1,105,707 1.6%
H Transportation and storage 71,773 74,446 3.7% 356,779 343,578 -3.7%
I Accommodation and food service activities 26,322 29,365 11.6% 93,741 107,009 14.2%
J Information and communication 23,596 24,125 2.2% 148,583 158,614 6.8%
L Real estate activities 9,834 11,011 12.0% 54,716 60,304 10.2%
M Professional, scientific and technical activities 15,105 17,012 12.6% 112,422 122,479 8.9%
N Adminstrative and support service activities 14,611 16,161 10.6% 65,796 74,100 12.6%

Statistics