Key Market Indicators
In 2023, Iceland's broadcasting revenue fell dramatically to approximately €11.6 million, a significant decline of 54% from the €25.3 million recorded in 2022. This marks a substantial year-on-year decrease of 32% since 2019 for the Icelandic market. Iceland secured the 27th position in the global ranking in 2023, with Austria surpassing it with the same revenue figure of €11.6 million. Leading the list, the United Kingdom, Germany, and Spain were ranked second, third, and fourth respectively.
