Exports as a capacity to import in Iceland
Iceland: Exports as a capacity to import was 1.57 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
1.57 trillion constant LCU
Change on year
up 4.5%
World rank
56th
of 178 countries
All-time high
1.59 trillion constant LCU
in 2017
All-time low
219.13 billion constant LCU
in 1970
Years of data
56
1970–2025
Exports as a capacity to import in Iceland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, exports as a capacity to import in Iceland stood at 1.57 trillion constant LCU.
Compared with earlier readings it is up 4.5% on the previous year and up 22.0% over ten years.
Over the whole period, exports as a capacity to import in Iceland peaked at 1.59 trillion constant LCU in 2017 and was at its lowest, 219.13 billion constant LCU, in 1970.
That places Iceland 56th out of 178 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports as a capacity to import in Iceland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 219.13 billion constant LCU | — |
| 1971 | 224.06 billion constant LCU | +2.3% |
| 1972 | 251.07 billion constant LCU | +12.1% |
| 1973 | 300.36 billion constant LCU | +19.6% |
| 1974 | 272.99 billion constant LCU | -9.1% |
| 1975 | 249.18 billion constant LCU | -8.7% |
| 1976 | 303.68 billion constant LCU | +21.9% |
| 1977 | 353.87 billion constant LCU | +16.5% |
| 1978 | 408.54 billion constant LCU | +15.5% |
| 1979 | 396.78 billion constant LCU | -2.9% |
| 1980 | 396.20 billion constant LCU | -0.1% |
| 1981 | 407.02 billion constant LCU | +2.7% |
| 1982 | 367.95 billion constant LCU | -9.6% |
| 1983 | 402.94 billion constant LCU | +9.5% |
| 1984 | 415.37 billion constant LCU | +3.1% |
| 1985 | 456.94 billion constant LCU | +10.0% |
| 1986 | 510.25 billion constant LCU | +11.7% |
| 1987 | 549.48 billion constant LCU | +7.7% |
| 1988 | 525.39 billion constant LCU | -4.4% |
| 1989 | 519.67 billion constant LCU | -1.1% |
| 1990 | 509.31 billion constant LCU | -2.0% |
| 1991 | 495.70 billion constant LCU | -2.7% |
| 1992 | 483.20 billion constant LCU | -2.5% |
| 1993 | 495.97 billion constant LCU | +2.6% |
| 1994 | 543.51 billion constant LCU | +9.6% |
| 1995 | 536.60 billion constant LCU | -1.3% |
| 1996 | 562.06 billion constant LCU | +4.7% |
| 1997 | 600.28 billion constant LCU | +6.8% |
| 1998 | 640.09 billion constant LCU | +6.6% |
| 1999 | 655.50 billion constant LCU | +2.4% |
| 2000 | 663.01 billion constant LCU | +1.1% |
| 2001 | 708.30 billion constant LCU | +6.8% |
| 2002 | 738.09 billion constant LCU | +4.2% |
| 2003 | 712.61 billion constant LCU | -3.5% |
| 2004 | 759.32 billion constant LCU | +6.6% |
| 2005 | 821.25 billion constant LCU | +8.2% |
| 2006 | 806.74 billion constant LCU | -1.8% |
| 2007 | 959.51 billion constant LCU | +18.9% |
| 2008 | 925.98 billion constant LCU | -3.5% |
| 2009 | 925.44 billion constant LCU | -0.1% |
| 2010 | 978.00 billion constant LCU | +5.7% |
| 2011 | 986.38 billion constant LCU | +0.9% |
| 2012 | 988.56 billion constant LCU | +0.2% |
| 2013 | 1.04 trillion constant LCU | +4.8% |
| 2014 | 1.11 trillion constant LCU | +7.2% |
| 2015 | 1.29 trillion constant LCU | +16.1% |
| 2016 | 1.48 trillion constant LCU | +14.9% |
| 2017 | 1.59 trillion constant LCU | +7.0% |
| 2018 | 1.55 trillion constant LCU | -1.9% |
| 2019 | 1.48 trillion constant LCU | -5.0% |
| 2020 | 1.02 trillion constant LCU | -31.0% |
| 2021 | 1.19 trillion constant LCU | +16.9% |
| 2022 | 1.53 trillion constant LCU | +28.7% |
| 2023 | 1.51 trillion constant LCU | -1.3% |
| 2024 | 1.51 trillion constant LCU | -0.5% |
| 2025 | 1.57 trillion constant LCU | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 297.97 billion constant LCU | 219.13 billion constant LCU | 408.54 billion constant LCU | 10 |
| 1980s | 455.12 billion constant LCU | 367.95 billion constant LCU | 549.48 billion constant LCU | 10 |
| 1990s | 552.22 billion constant LCU | 483.20 billion constant LCU | 655.50 billion constant LCU | 10 |
| 2000s | 802.03 billion constant LCU | 663.01 billion constant LCU | 959.51 billion constant LCU | 10 |
| 2010s | 1.25 trillion constant LCU | 978.00 billion constant LCU | 1.59 trillion constant LCU | 10 |
| 2020s | 1.39 trillion constant LCU | 1.02 trillion constant LCU | 1.57 trillion constant LCU | 6 |
Countries ranked near Iceland
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)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 92.99 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 9.14 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 13.17 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2431 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is exports as a capacity to import in Iceland?
- Exports as a capacity to import in Iceland was 1.57 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports as a capacity to import recorded in Iceland?
- The highest recorded value was 1.59 trillion constant LCU in 2017.
- What is the lowest exports as a capacity to import recorded in Iceland?
- The lowest recorded value was 219.13 billion constant LCU in 1970.
- How does Iceland rank for exports as a capacity to import?
- Iceland ranks 56th out of 178 countries with data for 2025.
- Is exports as a capacity to import rising or falling in Iceland?
- Over the last ten years it is up 22.0%. 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 Exports as a capacity to import (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports as a capacity to import equals the current price value of exports of goods and services deflated by the import price index. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.