Exports of goods and services in Iceland
Iceland: Exports of goods and services was 1.48 trillion constant LCU in 2025. ◆ Volatile
Exports of goods and services in Iceland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Iceland recorded 1.48 trillion constant LCU for exports of goods and services in 2025.
Compared with earlier readings it is up 1.0% on the previous year and up 16.3% over ten years.
Over the whole period, exports of goods and services in Iceland peaked at 1.53 trillion constant LCU in 2018 and was at its lowest, 182.01 billion constant LCU, in 1971.
Iceland ranks 58th of 179 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 in Iceland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 198.34 billion constant LCU | — |
| 1971 | 182.01 billion constant LCU | -8.2% |
| 1972 | 208.41 billion constant LCU | +14.5% |
| 1973 | 226.47 billion constant LCU | +8.7% |
| 1974 | 220.44 billion constant LCU | -2.7% |
| 1975 | 226.22 billion constant LCU | +2.6% |
| 1976 | 255.78 billion constant LCU | +13.1% |
| 1977 | 278.58 billion constant LCU | +8.9% |
| 1978 | 320.81 billion constant LCU | +15.2% |
| 1979 | 340.91 billion constant LCU | +6.3% |
| 1980 | 350.12 billion constant LCU | +2.7% |
| 1981 | 361.19 billion constant LCU | +3.2% |
| 1982 | 328.89 billion constant LCU | -8.9% |
| 1983 | 365.08 billion constant LCU | +11.0% |
| 1984 | 373.86 billion constant LCU | +2.4% |
| 1985 | 415.18 billion constant LCU | +11.1% |
| 1986 | 439.86 billion constant LCU | +5.9% |
| 1987 | 454.23 billion constant LCU | +3.3% |
| 1988 | 437.86 billion constant LCU | -3.6% |
| 1989 | 450.74 billion constant LCU | +2.9% |
| 1990 | 450.63 billion constant LCU | -0.0% |
| 1991 | 424.00 billion constant LCU | -5.9% |
| 1992 | 415.59 billion constant LCU | -2.0% |
| 1993 | 442.66 billion constant LCU | +6.5% |
| 1994 | 483.73 billion constant LCU | +9.3% |
| 1995 | 472.66 billion constant LCU | -2.3% |
| 1996 | 510.90 billion constant LCU | +8.1% |
| 1997 | 535.35 billion constant LCU | +4.8% |
| 1998 | 543.21 billion constant LCU | +1.5% |
| 1999 | 560.56 billion constant LCU | +3.2% |
| 2000 | 582.88 billion constant LCU | +4.0% |
| 2001 | 622.12 billion constant LCU | +6.7% |
| 2002 | 644.33 billion constant LCU | +3.6% |
| 2003 | 649.86 billion constant LCU | +0.9% |
| 2004 | 703.54 billion constant LCU | +8.3% |
| 2005 | 755.43 billion constant LCU | +7.4% |
| 2006 | 721.31 billion constant LCU | -4.5% |
| 2007 | 891.64 billion constant LCU | +23.6% |
| 2008 | 922.80 billion constant LCU | +3.5% |
| 2009 | 996.20 billion constant LCU | +8.0% |
| 2010 | 1.00 trillion constant LCU | +0.8% |
| 2011 | 1.03 trillion constant LCU | +2.9% |
| 2012 | 1.07 trillion constant LCU | +3.1% |
| 2013 | 1.13 trillion constant LCU | +6.2% |
| 2014 | 1.17 trillion constant LCU | +3.8% |
| 2015 | 1.27 trillion constant LCU | +8.4% |
| 2016 | 1.43 trillion constant LCU | +12.2% |
| 2017 | 1.50 trillion constant LCU | +4.8% |
| 2018 | 1.53 trillion constant LCU | +2.2% |
| 2019 | 1.46 trillion constant LCU | -4.5% |
| 2020 | 1.02 trillion constant LCU | -30.3% |
| 2021 | 1.14 trillion constant LCU | +12.4% |
| 2022 | 1.44 trillion constant LCU | +26.1% |
| 2023 | 1.50 trillion constant LCU | +3.9% |
| 2024 | 1.47 trillion constant LCU | -2.2% |
| 2025 | 1.48 trillion constant LCU | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 245.80 billion constant LCU | 182.01 billion constant LCU | 340.91 billion constant LCU | 10 |
| 1980s | 397.70 billion constant LCU | 328.89 billion constant LCU | 454.23 billion constant LCU | 10 |
| 1990s | 483.93 billion constant LCU | 415.59 billion constant LCU | 560.56 billion constant LCU | 10 |
| 2000s | 749.01 billion constant LCU | 582.88 billion constant LCU | 996.20 billion constant LCU | 10 |
| 2010s | 1.26 trillion constant LCU | 1.00 trillion constant LCU | 1.53 trillion constant LCU | 10 |
| 2020s | 1.34 trillion constant LCU | 1.02 trillion constant LCU | 1.50 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is exports of goods and services in Iceland?
- Exports of goods and services in Iceland was 1.48 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Iceland?
- The highest recorded value was 1.53 trillion constant LCU in 2018.
- What is the lowest exports of goods and services recorded in Iceland?
- The lowest recorded value was 182.01 billion constant LCU in 1971.
- How does Iceland rank for exports of goods and services?
- Iceland ranks 58th out of 179 countries with data for 2025.
- Is exports of goods and services rising or falling in Iceland?
- Over the last ten years it is up 16.3%. 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 of goods and services (constant LCU). 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 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.