Exports of goods and services (BoP, current US$), per unit of GDP in Iceland
Iceland: Exports of goods and services (BoP, current US$), per unit of GDP was 0.4033 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.4033 BoP, current US$ per US$ of GDP
Change on year
down 5.0%
World rank
92nd
of 199 countries
All-time high
0.5421 BoP, current US$ per US$ of GDP
in 2012
All-time low
0.2891 BoP, current US$ per US$ of GDP
in 1992
Years of data
50
1976–2025
Exports of goods and services (BoP, current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2025, exports of goods and services (bop, current us$), per unit of gdp in Iceland stood at 0.4033 BoP, current US$ per US$ of GDP.
The figure is down 5.0% on the previous year and down 21.4% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Iceland peaked at 0.5421 BoP, current US$ per US$ of GDP in 2012 and was at its lowest, 0.2891 BoP, current US$ per US$ of GDP, in 1992.
That places Iceland 92nd out of 199 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Exports of goods and services (BoP, current US$), per unit of GDP in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.3325 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.3171 BoP, current US$ per US$ of GDP | -4.6% |
| 1978 | 0.3471 BoP, current US$ per US$ of GDP | +9.5% |
| 1979 | 0.3631 BoP, current US$ per US$ of GDP | +4.6% |
| 1980 | 0.3428 BoP, current US$ per US$ of GDP | -5.6% |
| 1981 | 0.3317 BoP, current US$ per US$ of GDP | -3.2% |
| 1982 | 0.3092 BoP, current US$ per US$ of GDP | -6.8% |
| 1983 | 0.3788 BoP, current US$ per US$ of GDP | +22.5% |
| 1984 | 0.3678 BoP, current US$ per US$ of GDP | -2.9% |
| 1985 | 0.3912 BoP, current US$ per US$ of GDP | +6.4% |
| 1986 | 0.3754 BoP, current US$ per US$ of GDP | -4.1% |
| 1987 | 0.3357 BoP, current US$ per US$ of GDP | -10.6% |
| 1988 | 0.3096 BoP, current US$ per US$ of GDP | -7.8% |
| 1989 | 0.3268 BoP, current US$ per US$ of GDP | +5.5% |
| 1990 | 0.3209 BoP, current US$ per US$ of GDP | -1.8% |
| 1991 | 0.2972 BoP, current US$ per US$ of GDP | -7.4% |
| 1992 | 0.2891 BoP, current US$ per US$ of GDP | -2.7% |
| 1993 | 0.3107 BoP, current US$ per US$ of GDP | +7.5% |
| 1994 | 0.3295 BoP, current US$ per US$ of GDP | +6.1% |
| 1995 | 0.3384 BoP, current US$ per US$ of GDP | +2.7% |
| 1996 | 0.3458 BoP, current US$ per US$ of GDP | +2.2% |
| 1997 | 0.3484 BoP, current US$ per US$ of GDP | +0.7% |
| 1998 | 0.3328 BoP, current US$ per US$ of GDP | -4.5% |
| 1999 | 0.3199 BoP, current US$ per US$ of GDP | -3.9% |
| 2000 | 0.3172 BoP, current US$ per US$ of GDP | -0.9% |
| 2001 | 0.365 BoP, current US$ per US$ of GDP | +15.1% |
| 2002 | 0.353 BoP, current US$ per US$ of GDP | -3.3% |
| 2003 | 0.3222 BoP, current US$ per US$ of GDP | -8.7% |
| 2004 | 0.3211 BoP, current US$ per US$ of GDP | -0.3% |
| 2005 | 0.2981 BoP, current US$ per US$ of GDP | -7.2% |
| 2006 | 0.2997 BoP, current US$ per US$ of GDP | +0.6% |
| 2007 | 0.3249 BoP, current US$ per US$ of GDP | +8.4% |
| 2008 | 0.4073 BoP, current US$ per US$ of GDP | +25.4% |
| 2009 | 0.4841 BoP, current US$ per US$ of GDP | +18.9% |
| 2010 | 0.5132 BoP, current US$ per US$ of GDP | +6.0% |
| 2011 | 0.5398 BoP, current US$ per US$ of GDP | +5.2% |
| 2012 | 0.5421 BoP, current US$ per US$ of GDP | +0.4% |
| 2013 | 0.5291 BoP, current US$ per US$ of GDP | -2.4% |
| 2014 | 0.509 BoP, current US$ per US$ of GDP | -3.8% |
| 2015 | 0.5133 BoP, current US$ per US$ of GDP | +0.8% |
| 2016 | 0.4772 BoP, current US$ per US$ of GDP | -7.0% |
| 2017 | 0.4583 BoP, current US$ per US$ of GDP | -4.0% |
| 2018 | 0.4652 BoP, current US$ per US$ of GDP | +1.5% |
| 2019 | 0.4468 BoP, current US$ per US$ of GDP | -4.0% |
| 2020 | 0.3427 BoP, current US$ per US$ of GDP | -23.3% |
| 2021 | 0.3734 BoP, current US$ per US$ of GDP | +9.0% |
| 2022 | 0.4653 BoP, current US$ per US$ of GDP | +24.6% |
| 2023 | 0.4409 BoP, current US$ per US$ of GDP | -5.3% |
| 2024 | 0.4246 BoP, current US$ per US$ of GDP | -3.7% |
| 2025 | 0.4033 BoP, current US$ per US$ of GDP | -5.0% |
Iceland compared with similar countries
- Iceland's 0.4033 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.5197 BoP, current US$ per US$ of GDP, 78% of the median. (72 countries reporting)
- Iceland's 0.4033 BoP, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.484 BoP, current US$ per US$ of GDP, 83% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3399 BoP, current US$ per US$ of GDP | 0.3171 BoP, current US$ per US$ of GDP | 0.3631 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.3469 BoP, current US$ per US$ of GDP | 0.3092 BoP, current US$ per US$ of GDP | 0.3912 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.3233 BoP, current US$ per US$ of GDP | 0.2891 BoP, current US$ per US$ of GDP | 0.3484 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.3493 BoP, current US$ per US$ of GDP | 0.2981 BoP, current US$ per US$ of GDP | 0.4841 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.4994 BoP, current US$ per US$ of GDP | 0.4468 BoP, current US$ per US$ of GDP | 0.5421 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4084 BoP, current US$ per US$ of GDP | 0.3427 BoP, current US$ per US$ of GDP | 0.4653 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 89 Germany 0.4052 BoP, current US$ per US$ of GDP compare
- 90 Montenegro 0.4046 BoP, current US$ per US$ of GDP compare
- 91 Costa Rica 0.4042 BoP, current US$ per US$ of GDP compare
- 93 Democratic Republic of Congo 0.4001 BoP, current US$ per US$ of GDP compare
- 94 Micronesia (country) 0.3993 BoP, current US$ per US$ of GDP compare
- 95 Mexico 0.3981 BoP, current US$ 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (bop, current us$), per unit of gdp in Iceland?
- Exports of goods and services (bop, current us$), per unit of gdp in Iceland was 0.4033 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.5421 BoP, current US$ per US$ of GDP in 2012.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.2891 BoP, current US$ per US$ of GDP in 1992.
- How does Iceland rank for exports of goods and services (bop, current us$), per unit of gdp?
- Iceland ranks 92nd out of 199 countries with data for 2025.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 21.4%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.