Cresques
en

Cities, regions and central administration in Iceland

3 public buyers declaring "General public services" as their main activity in their TED notices, with at least ten supply contract award notices since November 2023. The most notices first.

In proportion

General government spending on goods, services and investment for general public services in Iceland came to €395 million in 2024 (Eurostat, COFOG). How much of it reaches suppliers through tenders depends on how the country organises the sector — for example whether statutory health insurance is classified in government.

Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.

The market in numbers

Public supply contracts in Iceland: award notices published on TED from 2023-11 to 2026-11, by publication year.

Contracts awarded
307
in 126 award notices
Awarded value
€854.2M
from 30% of awards with a published value
Suppliers
128
with at least one award
Public buyers
9
in this sector
Contracts awarded by year
Contracts awarded by year2024: 16516520242025: 10210220252026: 40402026
Table view
Contracts awarded by year
2024165
2025102
202640
Awarded value by year (EUR)
Awarded value by year (EUR)2024: €288.2M€288.2M20242025: €542.3M€542.3M20252026: €23.7M€23.7M2026
Table view
Awarded value by year (EUR)
2024€288.2M
2025€542.3M
2026€23.7M
What they buy: contracts by product category
  1. Pharmaceutical products52
    Pharmaceutical products: 52
  2. Medical equipments32
    Medical equipments: 32
  3. Motor vehicles22
    Motor vehicles: 22
  4. Computer equipment and supplies20
    Computer equipment and supplies: 20
  5. Electronic, electromechanical and electrotechnical supplies19
    Electronic, electromechanical and electrotechnical supplies: 19
  6. Construction materials and associated items19
    Construction materials and associated items: 19
  7. Furniture (incl. office furniture), furnishings, domestic appliances (excl. lighting) and cleaning products15
    Furniture (incl. office furniture), furnishings, domestic appliances (excl. lighting) and cleaning products: 15
  8. Cleaning and polishing products11
    Cleaning and polishing products: 11
  9. Other134
    Other: 134
Table view
What they buy: contracts by product category
Pharmaceutical products52
Medical equipments32
Motor vehicles22
Computer equipment and supplies20
Electronic, electromechanical and electrotechnical supplies19
Construction materials and associated items19
Furniture (incl. office furniture), furnishings, domestic appliances (excl. lighting) and cleaning products15
Cleaning and polishing products11
Other134
Where the buyers are (NUTS 2 region)
  1. Ísland307
    IS00
    Ísland: 307
Table view
Where the buyers are (NUTS 2 region)
Ísland307
Who wins, by company size as declared in the notice
Who wins, by company size as declared in the notice: Large companies 5.5%, Medium-sized 1.3%, Small 2.3%, Micro 1.6%, SME (size not stated) 21.2%, Size not stated 68.1%Large companies: 17 (5.5%)Medium-sized: 4 (1.3%)Small: 7 (2.3%)Micro: 5 (1.6%)SME (size not stated): 65 (21.2%)21%Size not stated: 209 (68.1%)68%
  • Large companies
  • Medium-sized
  • Small
  • Micro
  • SME (size not stated)
  • Size not stated
Table view
Who wins, by company size as declared in the notice
Large companies17 · 5.5%
Medium-sized4 · 1.3%
Small7 · 2.3%
Micro5 · 1.6%
SME (size not stated)65 · 21.2%
Size not stated209 · 68.1%
Foreign winners: where they are registered
  1. Norway4
    Norway: 4
  2. United States3
    United States: 3
  3. Denmark3
    Denmark: 3
  4. Austria2
    Austria: 2
  5. Germany2
    Germany: 2
  6. France2
    France: 2
Table view
Foreign winners: where they are registered
Norway4
United States3
Denmark3
Austria2
Germany2
France2
Where the buyers are (city)
  1. Reykjavík260
    Reykjavík: 260
  2. Reykjavik40
    Reykjavik: 40
  3. Kópavogur6
    Kópavogur: 6
  4. Garðabær1
    Garðabær: 1
Table view
Where the buyers are (city)
Reykjavík260
Reykjavik40
Kópavogur6
Garðabær1

Awards to companies registered in Iceland

92.8%

Awards to companies registered in Iceland: 92.8%

22 awards went to companies registered elsewhere.

Share of the 5 biggest winners

21.8%

Share of the 5 biggest winners: 21.8%

Of all awards; a high share means a concentrated market.

Lots with a single bid

12%

Lots with a single bid: 12%

Among 242 awards whose notice states the number of tenders.

How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.

The buyers, the most award notices first

BuyerNotices
RíkiskaupReykjavík44
Fjársýsla ríkisinsReykjavík34
Reykjavik Procurement OfficeReykjavik21

Cities, regions and central administration across Europe · All sectors in Iceland · How to enter the Iceland market