Exports of goods and services in Iceland
Iceland: Exports of goods and services was 15.56 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
15.56 billion BoP, current US$
Change on year
up 10.4%
World rank
99th
of 199 countries
All-time high
15.56 billion BoP, current US$
in 2025
All-time low
574.50 million BoP, current US$
in 1976
Years of data
50
1976–2025
Exports of goods and services in Iceland, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, exports of goods and services in Iceland stood at 15.56 billion BoP, current US$. That is the highest value across all 50 years on record.
The figure is up 10.4% on the previous year and up 71.3% over ten years.
Over the whole period, exports of goods and services in Iceland peaked at 15.56 billion BoP, current US$ in 2025 and was at its lowest, 574.50 million BoP, current US$, in 1976.
That places Iceland 99th out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Iceland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 574.50 million BoP, current US$ | — |
| 1977 | 724.70 million BoP, current US$ | +26.1% |
| 1978 | 902.30 million BoP, current US$ | +24.5% |
| 1979 | 1.07 billion BoP, current US$ | +18.9% |
| 1980 | 1.20 billion BoP, current US$ | +11.9% |
| 1981 | 1.20 billion BoP, current US$ | -0.0% |
| 1982 | 1.03 billion BoP, current US$ | -14.4% |
| 1983 | 1.08 billion BoP, current US$ | +5.7% |
| 1984 | 1.09 billion BoP, current US$ | +0.5% |
| 1985 | 1.21 billion BoP, current US$ | +10.8% |
| 1986 | 1.55 billion BoP, current US$ | +28.3% |
| 1987 | 1.92 billion BoP, current US$ | +23.7% |
| 1988 | 1.96 billion BoP, current US$ | +2.0% |
| 1989 | 1.92 billion BoP, current US$ | -2.0% |
| 1990 | 2.15 billion BoP, current US$ | +12.0% |
| 1991 | 2.13 billion BoP, current US$ | -1.1% |
| 1992 | 2.12 billion BoP, current US$ | -0.3% |
| 1993 | 2.00 billion BoP, current US$ | -5.6% |
| 1994 | 2.18 billion BoP, current US$ | +9.0% |
| 1995 | 2.49 billion BoP, current US$ | +14.5% |
| 1996 | 2.66 billion BoP, current US$ | +6.6% |
| 1997 | 2.69 billion BoP, current US$ | +1.1% |
| 1998 | 2.87 billion BoP, current US$ | +6.9% |
| 1999 | 2.91 billion BoP, current US$ | +1.4% |
| 2000 | 2.90 billion BoP, current US$ | -0.5% |
| 2001 | 3.04 billion BoP, current US$ | +4.8% |
| 2002 | 3.32 billion BoP, current US$ | +9.4% |
| 2003 | 3.73 billion BoP, current US$ | +12.1% |
| 2004 | 4.48 billion BoP, current US$ | +20.3% |
| 2005 | 5.11 billion BoP, current US$ | +14.0% |
| 2006 | 5.30 billion BoP, current US$ | +3.6% |
| 2007 | 7.13 billion BoP, current US$ | +34.7% |
| 2008 | 7.43 billion BoP, current US$ | +4.2% |
| 2009 | 6.40 billion BoP, current US$ | -13.9% |
| 2010 | 7.15 billion BoP, current US$ | +11.7% |
| 2011 | 8.31 billion BoP, current US$ | +16.3% |
| 2012 | 8.10 billion BoP, current US$ | -2.5% |
| 2013 | 8.59 billion BoP, current US$ | +6.1% |
| 2014 | 9.19 billion BoP, current US$ | +6.9% |
| 2015 | 9.09 billion BoP, current US$ | -1.1% |
| 2016 | 10.06 billion BoP, current US$ | +10.7% |
| 2017 | 11.49 billion BoP, current US$ | +14.2% |
| 2018 | 12.41 billion BoP, current US$ | +8.1% |
| 2019 | 11.16 billion BoP, current US$ | -10.0% |
| 2020 | 7.55 billion BoP, current US$ | -32.4% |
| 2021 | 9.80 billion BoP, current US$ | +29.7% |
| 2022 | 13.58 billion BoP, current US$ | +38.6% |
| 2023 | 13.98 billion BoP, current US$ | +2.9% |
| 2024 | 14.09 billion BoP, current US$ | +0.8% |
| 2025 | 15.56 billion BoP, current US$ | +10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 818.48 million BoP, current US$ | 574.50 million BoP, current US$ | 1.07 billion BoP, current US$ | 4 |
| 1980s | 1.42 billion BoP, current US$ | 1.03 billion BoP, current US$ | 1.96 billion BoP, current US$ | 10 |
| 1990s | 2.42 billion BoP, current US$ | 2.00 billion BoP, current US$ | 2.91 billion BoP, current US$ | 10 |
| 2000s | 4.88 billion BoP, current US$ | 2.90 billion BoP, current US$ | 7.43 billion BoP, current US$ | 10 |
| 2010s | 9.55 billion BoP, current US$ | 7.15 billion BoP, current US$ | 12.41 billion BoP, current US$ | 10 |
| 2020s | 12.42 billion BoP, current US$ | 7.55 billion BoP, current US$ | 15.56 billion BoP, current US$ | 6 |
Countries ranked near Iceland
- 96 Myanmar 17.52 billion BoP, current US$ compare
- 97 Mongolia 16.35 billion BoP, current US$ compare
- 98 Tanzania, United Republic of 15.97 billion BoP, current US$ compare
- 100 Armenia 14.65 billion BoP, current US$ compare
- 101 Guyana 13.74 billion BoP, current US$ compare
- 102 Papua New Guinea 13.47 billion BoP, 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)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2006 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 19,720 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.17 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 25.76 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2.53 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services in Iceland?
- Exports of goods and services in Iceland was 15.56 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Iceland?
- The highest recorded value was 15.56 billion BoP, current US$ in 2025.
- What is the lowest exports of goods and services recorded in Iceland?
- The lowest recorded value was 574.50 million BoP, current US$ in 1976.
- How does Iceland rank for exports of goods and services?
- Iceland ranks 99th out of 199 countries with data for 2025.
- Is exports of goods and services rising or falling in Iceland?
- Over the last ten years it is up 71.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.