Exports of goods and services (BoP, current US$), annual growth rate in Iceland
Iceland: Exports of goods and services (BoP, current US$), annual growth rate was 10.45 % change on previous year in 2025. ◆ Volatile
Exports of goods and services (BoP, current US$), annual growth rate in Iceland, 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 10.45 % change on previous year for exports of goods and services (bop, current us$), annual growth rate in 2025.
The figure is up 1,189.9% on the previous year and up 1,030.1% over ten years.
Over the whole period, exports of goods and services (bop, current us$), annual growth rate in Iceland peaked at 38.61 % change on previous year in 2022 and was at its lowest, -32.37 % change on previous year, in 2020.
Iceland ranks 68th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (BoP, current US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 26.14 % change on previous year | — |
| 1978 | 24.51 % change on previous year | -6.3% |
| 1979 | 18.85 % change on previous year | -23.1% |
| 1980 | 11.86 % change on previous year | -37.1% |
| 1981 | -0.0333 % change on previous year | -100.3% |
| 1982 | -14.43 % change on previous year | +43189.4% |
| 1983 | 5.69 % change on previous year | -139.4% |
| 1984 | 0.5348 % change on previous year | -90.6% |
| 1985 | 10.82 % change on previous year | +1923.7% |
| 1986 | 28.28 % change on previous year | +161.3% |
| 1987 | 23.74 % change on previous year | -16.0% |
| 1988 | 2.03 % change on previous year | -91.4% |
| 1989 | -1.97 % change on previous year | -197.0% |
| 1990 | 12 % change on previous year | -708.2% |
| 1991 | -1.08 % change on previous year | -109.0% |
| 1992 | -0.303 % change on previous year | -71.9% |
| 1993 | -5.64 % change on previous year | +1760.1% |
| 1994 | 8.99 % change on previous year | -259.4% |
| 1995 | 14.47 % change on previous year | +61.0% |
| 1996 | 6.57 % change on previous year | -54.6% |
| 1997 | 1.13 % change on previous year | -82.7% |
| 1998 | 6.92 % change on previous year | +510.2% |
| 1999 | 1.37 % change on previous year | -80.3% |
| 2000 | -0.5035 % change on previous year | -136.9% |
| 2001 | 4.78 % change on previous year | -1049.5% |
| 2002 | 9.42 % change on previous year | +97.1% |
| 2003 | 12.1 % change on previous year | +28.4% |
| 2004 | 20.34 % change on previous year | +68.1% |
| 2005 | 13.98 % change on previous year | -31.3% |
| 2006 | 3.64 % change on previous year | -74.0% |
| 2007 | 34.7 % change on previous year | +853.6% |
| 2008 | 4.17 % change on previous year | -88.0% |
| 2009 | -13.92 % change on previous year | -434.2% |
| 2010 | 11.7 % change on previous year | -184.0% |
| 2011 | 16.3 % change on previous year | +39.3% |
| 2012 | -2.5 % change on previous year | -115.4% |
| 2013 | 6.09 % change on previous year | -343.0% |
| 2014 | 6.92 % change on previous year | +13.7% |
| 2015 | -1.12 % change on previous year | -116.2% |
| 2016 | 10.74 % change on previous year | -1056.1% |
| 2017 | 14.16 % change on previous year | +31.8% |
| 2018 | 8.05 % change on previous year | -43.1% |
| 2019 | -10.05 % change on previous year | -224.7% |
| 2020 | -32.37 % change on previous year | +222.2% |
| 2021 | 29.72 % change on previous year | -191.8% |
| 2022 | 38.61 % change on previous year | +29.9% |
| 2023 | 2.94 % change on previous year | -92.4% |
| 2024 | 0.8099 % change on previous year | -72.5% |
| 2025 | 10.45 % change on previous year | +1189.9% |
Iceland compared with similar countries
- Iceland's 10.45 % change on previous year is above the median for high income countries, which is 6.78 % change on previous year, 1.5× the median. (71 countries reporting)
- Iceland's 10.45 % change on previous year is above the median for Europe & Central Asia, which is 8.51 % change on previous year, 1.2× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services (BoP, current US$), annual growth rate 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 |
|---|---|---|---|
| 1982 | -43189.4% | -0.0333 % change on previous year | -14.43 % change on previous year |
| 1985 | +1923.7% | 0.5348 % change on previous year | 10.82 % change on previous year |
| 1993 | -1760.1% | -0.303 % change on previous year | -5.64 % change on previous year |
| 2025 | +1189.9% | 0.8099 % change on previous year | 10.45 % change on previous year |
| 2001 | +1049.5% | -0.5035 % change on previous year | 4.78 % change on previous year |
| 2016 | +1056.1% | -1.12 % change on previous year | 10.74 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.17 % change on previous year | 18.85 % change on previous year | 26.14 % change on previous year | 3 |
| 1980s | 6.65 % change on previous year | -14.43 % change on previous year | 28.28 % change on previous year | 10 |
| 1990s | 4.44 % change on previous year | -5.64 % change on previous year | 14.47 % change on previous year | 10 |
| 2000s | 8.87 % change on previous year | -13.92 % change on previous year | 34.7 % change on previous year | 10 |
| 2010s | 6.03 % change on previous year | -10.05 % change on previous year | 16.3 % change on previous year | 10 |
| 2020s | 8.36 % change on previous year | -32.37 % change on previous year | 38.61 % change on previous year | 6 |
Countries ranked near Iceland
- 65 Bosnia and Herzegovina 10.84 % change on previous year compare
- 66 Cyprus 10.58 % change on previous year compare
- 67 Aruba 10.53 % change on previous year compare
- 69 Costa Rica 10.31 % change on previous year compare
- 70 Malaysia 10.1 % change on previous year compare
- 71 Lithuania 10 % change on previous year 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (bop, current us$), annual growth rate in Iceland?
- Exports of goods and services (bop, current us$), annual growth rate in Iceland was 10.45 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), annual growth rate recorded in Iceland?
- The highest recorded value was 38.61 % change on previous year in 2022.
- What is the lowest exports of goods and services (bop, current us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -32.37 % change on previous year in 2020.
- How does Iceland rank for exports of goods and services (bop, current us$), annual growth rate?
- Iceland ranks 68th out of 199 countries with data for 2025.
- Is exports of goods and services (bop, current us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 1,030.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Exports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Exports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.