Statistics Iceland

What Statistics Iceland does

Statistics Iceland (Hagstofa Íslands) is Iceland's national statistical office, established in 1914 and headquartered in Reykjavík. The organization is a government state entity with approximately 1,418 employees, operating under statutory authority to collect, process, and disseminate official statistics covering population, society, economy, environment, and business sectors. Its core product portfolio includes the Statistical Database (StatBank), an Open Data Access portal, structured Publications (Iceland in Figures, Statistical Yearbook, Icelandic Historical Statistics), a Microdata Service for researchers, a Tailored Statistics service for custom requests, and an Experimental Statistics channel for emerging data products. Supporting infrastructure includes Methods, Quality and Classifications (MQC) resources and educational materials under Learning Statistics.

The underlying technology stack combines classical statistical methodologies with selective machine learning applications. Notable technical components include a Quality Management System aligned with the European Statistics Code of Practice, hierarchical Bayesian models for population projections, Random Forest-based machine learning for resident population estimation, statistical time series models for the Skills Forecast Model, and a new Minor Statistical Output Areas (MSOA) classification system with 206 geographic units introduced for the 2021 Census. Data collection methodologies are modeled on Eurostat and OECD international standards to ensure cross-country comparability.

Revenue mechanics are atypical for a data organization: Statistics Iceland is primarily funded through Icelandic government state appropriations rather than commercial revenue. Limited publication sales (Iceland in Figures at 650 ISK, Icelandic Historical Statistics at 3700 ISK) provide token auxiliary income. The customer base is segmented across general public, researchers and academia, government agencies (primary), businesses and enterprises, and international organizations (Eurostat, OECD). The go-to-market is non-commercial, with the Tailored Statistics and Microdata services offered as fee-based services while most data is freely available through open access channels. Distribution is overwhelmingly digital via the statice.is website, RSS feeds, and email newsletters.

Name

Statistics Iceland

Legal name

Statistics Iceland

Website

https://statice.is

Company type

Private

Founded year

1914

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Statistics Iceland is Iceland's national statistical office, founded in 1914, that collects, processes, and disseminates official government statistics on population, society, economy, environment, and business sectors for public, academic, governmental, and international use.

Ownership category

akta.pro rank

Product category

National Statistical Services

NAICS

Administration of General Economic Programs (926110)

akta.pro primary industry

National Statistics & Census Administration (BPAIAAAF)

akta.pro secondary industries

Population Health Surveillance & Epidemiologic Analytics (HLAJAJAB), Mortality, Cause-of-Death Coding & Excess Death Analysis (HLAJAJAG), Environmental Monitoring, Data & Reporting (Air/Water/Soil) (BPAIAMAC)

Keywords

• Official statistics
• Statistical database
• National statistical office
• Government data services
• Population statistics

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Pricing tiers

Distribution channels6 records

Marketing channels6 records

Core offering

Statistics Iceland is Iceland's official national statistical office, collecting, processing, and disseminating authoritative official statistics on population, society, business sectors, economy, and environment. Core offerings include the Statistical Database (StatBank), Open Data Access, methodological publications, and a Microdata Service for researchers, with data produced under the European Statistics Code of Practice.

Product overview

Statistics Iceland operates as the national statistical office, offering a unified platform of statistical products and services. The core offering is the Statistical Database, supplemented by Open Data Access and Publications. Supporting services include Microdata Service for researchers, Tailored Statistics for custom needs, and Methods, Quality and Classifications (MQC) resources. Experimental Statistics represents emerging statistical products in development. The product portfolio spans publications (Iceland in Figures, Statistical Yearbook, Journal and Conference Papers) and educational resources (Learning Statistics). Together these products provide comprehensive coverage of Icelandic statistics across population, society, business sectors, economy, and environment domains.

Differentiator

Problem solved

Functional benefit

Products and services

• Statistical Database (StatBank)

Quantifiable outcome

• 97% Internet usage rate among Icelandic population (highest in Europe 2014)
• +3 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Prime Minister's Office (Iceland)coreStrategic or Co-development Partner · 1 November 2023Statistics Iceland conducted the Time Use Survey 2023-2024 in cooperation with the Ministry of Social Affairs and Labour. The Ministry is responsible for matters of equality.
• European Statistical SystemcoreStrategic or Co-development Partner · 1 June 2023Statistics Iceland participates in the European Statistical System, undergoing peer reviews for compliance with European Statistics Code of Practice. The peer review report assesses compliance and provides recommendations for improvement of the national statistical system.
• Icelandic Regional Development Institution (IRDI)coreStrategic or Co-development Partner · 15 October 2020Cooperation in developing Minor Statistical Output Areas (MSOA) - a new level in the hierarchical Regional Classification. The project was sponsored by the European Commission (Grant no. 831732).
• National Land Survey of IcelandminorStrategic or Co-development PartnerAssisted in preparing geographical data for Minor Statistical Output Areas classification system.
• Míla ehfminorStrategic or Co-development PartnerProvided geographical data used as building blocks for Minor Statistical Output Areas development.
• Ministry of Social Affairs and Labour (Iceland)coreStrategic or Co-development PartnerCooperation on Time Use Survey preparations. Ministry responsible for equality matters. Survey aimed at measuring unpaid household and care duties for policy purposes.

Scale indicators12 records

Recent moves5 records

Expansion highlights7 records

Others

• UN Statistics Division (UNSD): The UN's central statistical authority, providing international statistical standards and aggregating national data. UNSD is an ecosystem participant rather than a direct competitor, but shapes methodology and data dissemination norms that Statistics Iceland follows.
• Eurostat: The statistical office of the European Union, which is both a partner and coordination body for Statistics Iceland within the European Statistical System. Eurostat is not a competitor but the enabling international framework that sets standards, provides funding, and aggregates Icelandic data for EU-level statistics.
• OECD Statistics Directorate: OECD's statistical arm that Iceland contributes to and aligns methodologies with. OECD is an enabling international body rather than a competitor, providing international standards, comparative datasets, and policy analytics that complement Statistics Iceland's national outputs.

Broad incumbents

• Statistics Canada (StatCan): Canada's national statistical agency, a larger peer with comparable mandate, register-based methodology, and focus on indigenous and small-area statistics. StatCan is a useful benchmark for advanced methodology and indigenous/minority data initiatives that could inspire Iceland's MSOA-like work.
• U.S. Census Bureau: The U.S. federal statistical agency responsible for demographic and economic data, including the decennial census. While vastly larger and operating under a different funding model, the Census Bureau is a methodological reference for census design, small-area geography, and experimental statistics programs.
• UK Office for National Statistics (ONS): UK's national statistical office, a much larger and broader incumbent in the European statistical ecosystem. While operating at a far greater scale, ONS shares the same mandate for official statistics and is a benchmark for advanced methodology, open data initiatives, and microdata services.

Direct peers

• Statistics Finland: Finnish national statistical office and another Nordic peer. Statistics Finland is directly comparable in mandate, scale, and methodology, with a similar focus on register-based statistics and Eurostat-driven methods, making it a key reference for Statistics Iceland's operations.
• Statistics Norway (SSB): Norway's national statistical office, the closest Nordic peer to Statistics Iceland. Both agencies share comparable mandates, methodological foundations (European Statistical System), and similar populations of users across government, academia, and the public. SSB is a directly comparable reference for organizational scale, methodology, and product scope.
• Statistics Sweden (SCB): Sweden's national statistical office, also a Nordic peer with similar mandate and quality frameworks. SCB offers a directly comparable benchmark for Statistics Iceland's methodology, product portfolio, and international cooperation model within the European Statistical System.
• Statistics Denmark (DST): Denmark's national statistical office, the fourth Nordic peer. DST shares Iceland's small-country, register-heavy statistical tradition and Eurostat alignment, providing a directly comparable model for product offerings and methodological innovation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hagstofan

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Statistics Iceland