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
Exports of goods and services (current LCU), per unit of GDP in Iceland, 1970–2025
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
| 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
| Decade | Average | Lowest | Highest | 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
- 44 Cameroon 76.17 current LCU per US$ of GDP compare
- 45 Sri Lanka 57.08 current LCU per US$ of GDP compare
- 46 Serbia 56.47 current LCU per US$ of GDP compare
- 48 Yemen 46.92 current LCU per US$ of GDP compare
- 49 Cape Verde 41.08 current LCU per US$ of GDP compare
- 50 Comoros 40.57 current LCU 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (current lcu), per unit of gdp in Iceland?
- Exports of goods and services (current lcu), per unit of gdp in Iceland was 51.52 current LCU per US$ 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.
Download this data
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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
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
- 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 (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.