Revenue from foreign tourists during the fourth quarter of 2022 was 95.7 billion ISK compared with the same period last year when it was 59.2 billion ISK. Revenue from foreign tourists has increased by 120% the last year when compared with the year before, from 203.2 billion ISK to 447.7 billion ISK.

Turnover according to VAT reports in Icelandic tourism sectors just under 115 billion ISK in November to December this year, an increase of almost 38% from the previous year.

Overnight stays in hotels in January 2023 were 312,023 compared with 161,600 in January the year before. The number of overnight stays by Icelanders were 57,741 (+58%) and the number of overnight stays by foreign guests were 254,282 (+103%).

In February, there were 176,036 departures of passengers from Keflavik airport compared with 103,815 in February 2022. Departures of passengers with foreign citizenship were 137,077 compared with 75,830 a year earlier.

This release includes updated statistics on overnight stays, turnover by VAT reports and revenue from foreign tourists. Also updated are statistics on rental cars from the Icelandic Transport Authority, traffic statistics from the Icelandic Road and Coastal Administration, passengers count by nationality from the Icelandic Tourist Board and passengers’ statistics through Keflavik Airport along with traffic statistics published by ISAVIA.

Table in pdf

Short term indicators in tourism
Passengers through Keflavik airport
Average daily traffic count on major roads