Changes in inventories in Iceland
Iceland: Changes in inventories was -33.81 million current US$ in 2025. ◆ Volatile
Latest (2025)
-33.81 million current US$
Change on year
up 80.9%
World rank
149th
of 186 countries
All-time high
172.37 million current US$
in 2006
All-time low
-177.39 million current US$
in 2024
Years of data
56
1970–2025
Changes in inventories in Iceland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Iceland recorded -33.81 million current US$ for changes in inventories in 2025.
Compared with earlier readings it is up 80.9% on the previous year and down 353.0% over ten years.
Over the whole period, changes in inventories in Iceland peaked at 172.37 million current US$ in 2006 and was at its lowest, -177.39 million current US$, in 2024.
Iceland ranks 149th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | -3.46 million current US$ | — |
| 1971 | 16.43 million current US$ | -575.3% |
| 1972 | -12.28 million current US$ | -174.7% |
| 1973 | -3.81 million current US$ | -69.0% |
| 1974 | 25.84 million current US$ | -778.8% |
| 1975 | 24.64 million current US$ | -4.7% |
| 1976 | -10.33 million current US$ | -141.9% |
| 1977 | 33.86 million current US$ | -427.8% |
| 1978 | -15.01 million current US$ | -144.3% |
| 1979 | 14.53 million current US$ | -196.8% |
| 1980 | 16.68 million current US$ | +14.8% |
| 1981 | 35.02 million current US$ | +110.0% |
| 1982 | 73.92 million current US$ | +111.1% |
| 1983 | -43.07 million current US$ | -158.3% |
| 1984 | 24.80 million current US$ | -157.6% |
| 1985 | -23.56 million current US$ | -195.0% |
| 1986 | -50.94 million current US$ | +116.2% |
| 1987 | -10.76 million current US$ | -78.9% |
| 1988 | 43.01 million current US$ | -499.9% |
| 1989 | -10.13 million current US$ | -123.6% |
| 1990 | -30.82 million current US$ | +204.1% |
| 1991 | 20.90 million current US$ | -167.8% |
| 1992 | 2.12 million current US$ | -89.9% |
| 1993 | 34.13 million current US$ | +1510.6% |
| 1994 | 3.72 million current US$ | -89.1% |
| 1995 | 47.18 million current US$ | +1168.8% |
| 1996 | 380,662 current US$ | -99.2% |
| 1997 | 1.44 million current US$ | +277.9% |
| 1998 | 12.77 million current US$ | +787.6% |
| 1999 | 1.66 million current US$ | -87.0% |
| 2000 | 33.99 million current US$ | +1948.8% |
| 2001 | -22.26 million current US$ | -165.5% |
| 2002 | -8.74 million current US$ | -60.7% |
| 2003 | -6.51 million current US$ | -25.5% |
| 2004 | -5.70 million current US$ | -12.4% |
| 2005 | 5.06 million current US$ | -188.7% |
| 2006 | 172.37 million current US$ | +3307.7% |
| 2007 | 140.40 million current US$ | -18.5% |
| 2008 | 138.90 million current US$ | -1.1% |
| 2009 | -64.03 million current US$ | -146.1% |
| 2010 | -10.48 million current US$ | -83.6% |
| 2011 | 18.28 million current US$ | -274.5% |
| 2012 | 15.97 million current US$ | -12.6% |
| 2013 | -70.15 million current US$ | -539.2% |
| 2014 | 11.90 million current US$ | -117.0% |
| 2015 | 13.36 million current US$ | +12.2% |
| 2016 | 30.89 million current US$ | +131.1% |
| 2017 | 6.90 million current US$ | -77.7% |
| 2018 | 143.32 million current US$ | +1976.7% |
| 2019 | -98.62 million current US$ | -168.8% |
| 2020 | 8.81 million current US$ | -108.9% |
| 2021 | 87.33 million current US$ | +891.4% |
| 2022 | 142.18 million current US$ | +62.8% |
| 2023 | 156.56 million current US$ | +10.1% |
| 2024 | -177.39 million current US$ | -213.3% |
| 2025 | -33.81 million current US$ | -80.9% |
Iceland compared with similar countries
- Iceland's -33.81 million current US$ is below the median for high income countries, which is 285.44 million current US$. (69 countries reporting)
- Iceland's -33.81 million current US$ is below the median for Europe & Central Asia, which is 767.84 million current US$. (51 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +3307.7% | 5.06 million current US$ | 172.37 million current US$ |
| 2018 | +1976.7% | 6.90 million current US$ | 143.32 million current US$ |
| 2000 | +1948.8% | 1.66 million current US$ | 33.99 million current US$ |
| 1993 | +1510.6% | 2.12 million current US$ | 34.13 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.04 million current US$ | -15.01 million current US$ | 33.86 million current US$ | 10 |
| 1980s | 5.50 million current US$ | -50.94 million current US$ | 73.92 million current US$ | 10 |
| 1990s | 9.35 million current US$ | -30.82 million current US$ | 47.18 million current US$ | 10 |
| 2000s | 38.35 million current US$ | -64.03 million current US$ | 172.37 million current US$ | 10 |
| 2010s | 6.14 million current US$ | -98.62 million current US$ | 143.32 million current US$ | 10 |
| 2020s | 30.61 million current US$ | -177.39 million current US$ | 156.56 million current US$ | 6 |
Countries ranked near Iceland
- 146 French Polynesia -10.57 million current US$ compare
- 147 American Samoa -29.00 million current US$ compare
- 148 South Africa -32.53 million current US$ compare
- 150 Belize -43.13 million current US$ compare
- 151 Eswatini -53.36 million current US$ compare
- 152 Suriname -58.28 million current US$ compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories in Iceland?
- Changes in inventories in Iceland was -33.81 million current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Iceland?
- The highest recorded value was 172.37 million current US$ in 2006.
- What is the lowest changes in inventories recorded in Iceland?
- The lowest recorded value was -177.39 million current US$ in 2024.
- How does Iceland rank for changes in inventories?
- Iceland ranks 149th out of 186 countries with data for 2025.
- Is changes in inventories rising or falling in Iceland?
- Over the last ten years it is down 353.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.