Statistics Iceland, founded 1914, is the centre for official statistics in Iceland and collects, processes and disseminates data on the economy and society. Statistics Iceland is divided into four divisions – economic statistics, social statistics, business statistics and resources and services. On 1st January 2008 the ministerial status of Statistics Iceland was abolished and a new Act on Statistics Iceland and official statistics took effect.
Under this Act Statistics Iceland is a professionally-independent institution under the aegis of the Minister of Finance and Economic Affairs. Statistics Iceland operates in accordance with the United Nations Fundamental Principles of Official Statistics, the European Statistics Code of Practice as well as the Act on the Protection of Privacy regarding the processing of personal data.