Exports as a capacity to import (constant LCU), per unit of GDP in Iceland
Iceland: Exports as a capacity to import (constant LCU), per unit of GDP was 40.79 constant LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
40.79 constant LCU per US$ of GDP
Change on year
down 10.1%
World rank
41st
of 179 countries
All-time high
401.98 constant LCU per US$ of GDP
in 1970
All-time low
40.79 constant LCU per US$ of GDP
in 2025
Years of data
56
1970–2025
Exports as a capacity to import (constant LCU), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2025, exports as a capacity to import (constant lcu), per unit of gdp in Iceland stood at 40.79 constant LCU per US$ of GDP. That is the lowest value across all 56 years on record.
The figure is down 10.1% on the previous year and down 44.0% over ten years.
Over the whole period, exports as a capacity to import (constant lcu), per unit of gdp in Iceland peaked at 401.98 constant LCU per US$ of GDP in 1970 and was at its lowest, 40.79 constant LCU per US$ of GDP, in 2025.
Iceland ranks 41st of 179 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports as a capacity to import (constant LCU), per unit of GDP in Iceland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 401.98 constant LCU per US$ of GDP | — |
| 1971 | 323 constant LCU per US$ of GDP | -19.6% |
| 1972 | 288.92 constant LCU per US$ of GDP | -10.6% |
| 1973 | 251.39 constant LCU per US$ of GDP | -13.0% |
| 1974 | 174.09 constant LCU per US$ of GDP | -30.7% |
| 1975 | 171.14 constant LCU per US$ of GDP | -1.7% |
| 1976 | 175.76 constant LCU per US$ of GDP | +2.7% |
| 1977 | 154.82 constant LCU per US$ of GDP | -11.9% |
| 1978 | 157.15 constant LCU per US$ of GDP | +1.5% |
| 1979 | 134.36 constant LCU per US$ of GDP | -14.5% |
| 1980 | 113.21 constant LCU per US$ of GDP | -15.7% |
| 1981 | 112.59 constant LCU per US$ of GDP | -0.6% |
| 1982 | 110.87 constant LCU per US$ of GDP | -1.5% |
| 1983 | 140.76 constant LCU per US$ of GDP | +27.0% |
| 1984 | 140.11 constant LCU per US$ of GDP | -0.5% |
| 1985 | 147.96 constant LCU per US$ of GDP | +5.6% |
| 1986 | 123.58 constant LCU per US$ of GDP | -16.5% |
| 1987 | 96.18 constant LCU per US$ of GDP | -22.2% |
| 1988 | 83.13 constant LCU per US$ of GDP | -13.6% |
| 1989 | 88.52 constant LCU per US$ of GDP | +6.5% |
| 1990 | 76.07 constant LCU per US$ of GDP | -14.1% |
| 1991 | 69.32 constant LCU per US$ of GDP | -8.9% |
| 1992 | 65.93 constant LCU per US$ of GDP | -4.9% |
| 1993 | 77.06 constant LCU per US$ of GDP | +16.9% |
| 1994 | 82.19 constant LCU per US$ of GDP | +6.7% |
| 1995 | 72.78 constant LCU per US$ of GDP | -11.4% |
| 1996 | 73.12 constant LCU per US$ of GDP | +0.5% |
| 1997 | 77.79 constant LCU per US$ of GDP | +6.4% |
| 1998 | 74.1 constant LCU per US$ of GDP | -4.7% |
| 1999 | 71.97 constant LCU per US$ of GDP | -2.9% |
| 2000 | 72.54 constant LCU per US$ of GDP | +0.8% |
| 2001 | 85.1 constant LCU per US$ of GDP | +17.3% |
| 2002 | 78.39 constant LCU per US$ of GDP | -7.9% |
| 2003 | 61.62 constant LCU per US$ of GDP | -21.4% |
| 2004 | 54.38 constant LCU per US$ of GDP | -11.8% |
| 2005 | 47.9 constant LCU per US$ of GDP | -11.9% |
| 2006 | 45.65 constant LCU per US$ of GDP | -4.7% |
| 2007 | 43.69 constant LCU per US$ of GDP | -4.3% |
| 2008 | 50.74 constant LCU per US$ of GDP | +16.1% |
| 2009 | 70.04 constant LCU per US$ of GDP | +38.0% |
| 2010 | 70.25 constant LCU per US$ of GDP | +0.3% |
| 2011 | 64.08 constant LCU per US$ of GDP | -8.8% |
| 2012 | 66.15 constant LCU per US$ of GDP | +3.2% |
| 2013 | 63.79 constant LCU per US$ of GDP | -3.6% |
| 2014 | 61.56 constant LCU per US$ of GDP | -3.5% |
| 2015 | 72.86 constant LCU per US$ of GDP | +18.4% |
| 2016 | 70.28 constant LCU per US$ of GDP | -3.5% |
| 2017 | 63.26 constant LCU per US$ of GDP | -10.0% |
| 2018 | 58.28 constant LCU per US$ of GDP | -7.9% |
| 2019 | 59.12 constant LCU per US$ of GDP | +1.4% |
| 2020 | 46.23 constant LCU per US$ of GDP | -21.8% |
| 2021 | 45.39 constant LCU per US$ of GDP | -1.8% |
| 2022 | 52.55 constant LCU per US$ of GDP | +15.8% |
| 2023 | 47.75 constant LCU per US$ of GDP | -9.1% |
| 2024 | 45.4 constant LCU per US$ of GDP | -4.9% |
| 2025 | 40.79 constant LCU per US$ of GDP | -10.1% |
Iceland compared with similar countries
- Iceland's 40.79 constant LCU per US$ of GDP is above the median for high income countries, which is 0.5708 constant LCU per US$ of GDP, 71.5× the median. (63 countries reporting)
- Iceland's 40.79 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.7601 constant LCU per US$ of GDP, 53.7× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 223.26 constant LCU per US$ of GDP | 134.36 constant LCU per US$ of GDP | 401.98 constant LCU per US$ of GDP | 10 |
| 1980s | 115.69 constant LCU per US$ of GDP | 83.13 constant LCU per US$ of GDP | 147.96 constant LCU per US$ of GDP | 10 |
| 1990s | 74.03 constant LCU per US$ of GDP | 65.93 constant LCU per US$ of GDP | 82.19 constant LCU per US$ of GDP | 10 |
| 2000s | 61 constant LCU per US$ of GDP | 43.69 constant LCU per US$ of GDP | 85.1 constant LCU per US$ of GDP | 10 |
| 2010s | 64.96 constant LCU per US$ of GDP | 58.28 constant LCU per US$ of GDP | 72.86 constant LCU per US$ of GDP | 10 |
| 2020s | 46.35 constant LCU per US$ of GDP | 40.79 constant LCU per US$ of GDP | 52.55 constant LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 38 Central African Republic 54.13 constant LCU per US$ of GDP compare
- 39 Serbia 48.83 constant LCU per US$ of GDP compare
- 40 Malawi 47.96 constant LCU per US$ of GDP compare
- 42 Angola 39.44 constant LCU per US$ of GDP compare
- 43 Cape Verde 35.13 constant LCU per US$ of GDP compare
- 44 Kazakhstan 30.43 constant LCU per US$ of GDP 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is exports as a capacity to import (constant lcu), per unit of gdp in Iceland?
- Exports as a capacity to import (constant lcu), per unit of gdp in Iceland was 40.79 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest exports as a capacity to import (constant lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 401.98 constant LCU per US$ of GDP in 1970.
- What is the lowest exports as a capacity to import (constant lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 40.79 constant LCU per US$ of GDP in 2025.
- How does Iceland rank for exports as a capacity to import (constant lcu), per unit of gdp?
- Iceland ranks 41st out of 179 countries with data for 2025.
- Is exports as a capacity to import (constant lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 44.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Exports as a capacity to import (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports as a capacity to import (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports as a capacity to import (constant LCU) ÷ GDP (current US$)
Computed from
- Exports as a capacity to import Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports as a capacity to import (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.