Exports of goods and services (current LCU), per unit of GDP in Iceland

Iceland: Exports of goods and services (current LCU), per unit of GDP was 51.52 current LCU per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
51.52 current LCU per US$ of GDP
Change on year
down 12.0%
World rank
47th
of 193 countries
All-time high
67.78 current LCU per US$ of GDP
in 2012
All-time low
0.2942 current LCU per US$ of GDP
in 1972
Years of data
56
1970–2025

Exports of goods and services (current LCU), per unit of GDP in Iceland, 1970–2025

0204060197019972025

Source: Statizoid (derived). Measured in current LCU per US$ of GDP.

Analysis

Iceland recorded 51.52 current LCU per US$ of GDP for exports of goods and services (current lcu), per unit of gdp in 2025.

The figure is down 12.0% on the previous year and down 23.9% over ten years.

Over the whole period, exports of goods and services (current lcu), per unit of gdp in Iceland peaked at 67.78 current LCU per US$ of GDP in 2012 and was at its lowest, 0.2942 current LCU per US$ of GDP, in 1972.

That places Iceland 47th out of 193 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Exports of goods and services (current LCU), per unit of GDP in Iceland, year by year

Annual values for Exports of goods and services (current LCU), per unit of GDP in Iceland, 1970 to 2025.
Year current LCU per US$ of GDP Change
1970 0.3768 current LCU per US$ of GDP
1971 0.3136 current LCU per US$ of GDP -16.8%
1972 0.2942 current LCU per US$ of GDP -6.2%
1973 0.3051 current LCU per US$ of GDP +3.7%
1974 0.2989 current LCU per US$ of GDP -2.1%
1975 0.487 current LCU per US$ of GDP +63.0%
1976 0.5989 current LCU per US$ of GDP +23.0%
1977 0.6232 current LCU per US$ of GDP +4.1%
1978 0.9425 current LCU per US$ of GDP +51.2%
1979 1.27 current LCU per US$ of GDP +35.1%
1980 1.62 current LCU per US$ of GDP +27.3%
1981 2.38 current LCU per US$ of GDP +46.9%
1982 3.78 current LCU per US$ of GDP +58.9%
1983 9.39 current LCU per US$ of GDP +148.1%
1984 11.47 current LCU per US$ of GDP +22.2%
1985 15.9 current LCU per US$ of GDP +38.7%
1986 15.1 current LCU per US$ of GDP -5.1%
1987 12.62 current LCU per US$ of GDP -16.4%
1988 13 current LCU per US$ of GDP +3.0%
1989 18.21 current LCU per US$ of GDP +40.0%
1990 18.67 current LCU per US$ of GDP +2.5%
1991 17.58 current LCU per US$ of GDP -5.8%
1992 16.6 current LCU per US$ of GDP -5.6%
1993 21.09 current LCU per US$ of GDP +27.1%
1994 23.81 current LCU per US$ of GDP +12.9%
1995 21.88 current LCU per US$ of GDP -8.1%
1996 23 current LCU per US$ of GDP +5.1%
1997 24.71 current LCU per US$ of GDP +7.5%
1998 23.59 current LCU per US$ of GDP -4.6%
1999 23.15 current LCU per US$ of GDP -1.8%
2000 24.94 current LCU per US$ of GDP +7.7%
2001 35.61 current LCU per US$ of GDP +42.8%
2002 32.22 current LCU per US$ of GDP -9.5%
2003 24.73 current LCU per US$ of GDP -23.2%
2004 22.52 current LCU per US$ of GDP -8.9%
2005 18.79 current LCU per US$ of GDP -16.6%
2006 21.09 current LCU per US$ of GDP +12.2%
2007 20.74 current LCU per US$ of GDP -1.7%
2008 35.11 current LCU per US$ of GDP +69.3%
2009 59.97 current LCU per US$ of GDP +70.8%
2010 62.53 current LCU per US$ of GDP +4.3%
2011 62.57 current LCU per US$ of GDP +0.1%
2012 67.78 current LCU per US$ of GDP +8.3%
2013 64.54 current LCU per US$ of GDP -4.8%
2014 59.45 current LCU per US$ of GDP -7.9%
2015 67.72 current LCU per US$ of GDP +13.9%
2016 57.37 current LCU per US$ of GDP -15.3%
2017 48.79 current LCU per US$ of GDP -15.0%
2018 50.33 current LCU per US$ of GDP +3.1%
2019 54.82 current LCU per US$ of GDP +8.9%
2020 46.23 current LCU per US$ of GDP -15.7%
2021 47.45 current LCU per US$ of GDP +2.6%
2022 63.21 current LCU per US$ of GDP +33.2%
2023 60.66 current LCU per US$ of GDP -4.0%
2024 58.57 current LCU per US$ of GDP -3.4%
2025 51.52 current LCU per US$ of GDP -12.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.5514 current LCU per US$ of GDP 0.2942 current LCU per US$ of GDP 1.27 current LCU per US$ of GDP 10
1980s 10.35 current LCU per US$ of GDP 1.62 current LCU per US$ of GDP 18.21 current LCU per US$ of GDP 10
1990s 21.41 current LCU per US$ of GDP 16.6 current LCU per US$ of GDP 24.71 current LCU per US$ of GDP 10
2000s 29.57 current LCU per US$ of GDP 18.79 current LCU per US$ of GDP 59.97 current LCU per US$ of GDP 10
2010s 59.59 current LCU per US$ of GDP 48.79 current LCU per US$ of GDP 67.78 current LCU per US$ of GDP 10
2020s 54.61 current LCU per US$ of GDP 46.23 current LCU per US$ of GDP 63.21 current LCU per US$ of GDP 6

Countries ranked near Iceland

  1. 44 Cameroon 76.17 current LCU per US$ of GDP compare
  2. 45 Sri Lanka 57.08 current LCU per US$ of GDP compare
  3. 46 Serbia 56.47 current LCU per US$ of GDP compare
  4. 48 Yemen 46.92 current LCU per US$ of GDP compare
  5. 49 Cape Verde 41.08 current LCU per US$ of GDP compare
  6. 50 Comoros 40.57 current LCU per US$ of GDP compare

See the full ranking of 193 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is exports of goods and services (current lcu), per unit of gdp in Iceland?
Exports of goods and services (current lcu), per unit of gdp in Iceland was 51.52 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest exports of goods and services (current lcu), per unit of gdp recorded in Iceland?
The highest recorded value was 67.78 current LCU per US$ of GDP in 2012.
What is the lowest exports of goods and services (current lcu), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.2942 current LCU per US$ of GDP in 1972.
How does Iceland rank for exports of goods and services (current lcu), per unit of gdp?
Iceland ranks 47th out of 193 countries with data for 2025.
Is exports of goods and services (current lcu), per unit of gdp rising or falling in Iceland?
Over the last ten years it is down 23.9%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Exports of goods and services (current LCU), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://economy.statizoid.com/stat/exports-of-goods-and-services-current-lcu-per-unit-of-gdp/iceland/

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How this figure is calculated

Exports of goods and services (current LCU) 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 (current LCU) ÷ GDP (current US$)

Computed from

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

Indicator
Exports of goods and services (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 9,028 data points, 1960–2025
Last refreshed

Exports of goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.