Revenue from foreign tourists during the second quarter of 2024 was 154 billion ISK compared with the same period last year when it was 160 billion ISK. Revenue from foreign tourists has increased by 64% in the last 12 months when compared with the same period the year before, from 543 billion ISK to 607 billion ISK.
Employment in the tourism industry in Iceland was 31,777 in July 2024, a decrease of 2% compared with July 2023. In the 12-month period from August 2023 to July 2024, an average of 29,304 individuals worked in the tourism industry compared with 28,113 in the previous 12-month period.
The turnover according to VAT reports in Icelandic tourism sectors for May to June 2024 was just over 189 billion ISK, reflecting a 3.6% increase from the previous year.
Overnight stays in hotels in July 2024 were 562,892 compared with 594,649 in July the year before. The number of overnight stays by Icelanders were 113,798, (+9%) and the number of overnight stays by foreign guests were 449,094 (-8%). More information about overnight stays can be found on Statistics Iceland‘s website under the category Tourism.
In August, there were 333,802 departures of passengers from Keflavik airport compared with 326,782 in August 2023. Departures of passengers with foreign citizenship were 281,450 compared with 280,721 in August 2023, which is almost the same number of passengers.
This release includes updated statistics on turnover by VAT reports, revenue from foreign tourists, overnight stays and register based employment. 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.
Statistics
Short term indicators in tourism
Passengers through Keflavik airport
Average daily traffic count on major roads