Exports of goods and services in Iceland
Iceland: Exports of goods and services was 15.48 billion current US$ in 2025. ◆ Volatile
Latest (2025)
15.48 billion current US$
Change on year
up 9.8%
World rank
97th
of 192 countries
All-time high
15.48 billion current US$
in 2025
All-time low
233.40 million current US$
in 1970
Years of data
56
1970–2025
Exports of goods and services in Iceland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, exports of goods and services in Iceland stood at 15.48 billion current US$. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 70.3% over ten years.
Over the whole period, exports of goods and services in Iceland peaked at 15.48 billion current US$ in 2025 and was at its lowest, 233.40 million current US$, in 1970.
Iceland ranks 97th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 233.40 million current US$ | — |
| 1971 | 247.18 million current US$ | +5.9% |
| 1972 | 289.64 million current US$ | +17.2% |
| 1973 | 404.49 million current US$ | +39.7% |
| 1974 | 468.89 million current US$ | +15.9% |
| 1975 | 461.36 million current US$ | -1.6% |
| 1976 | 568.05 million current US$ | +23.1% |
| 1977 | 716.31 million current US$ | +26.1% |
| 1978 | 903.77 million current US$ | +26.2% |
| 1979 | 1.07 billion current US$ | +18.0% |
| 1980 | 1.18 billion current US$ | +10.8% |
| 1981 | 1.19 billion current US$ | +0.8% |
| 1982 | 1.02 billion current US$ | -14.7% |
| 1983 | 1.08 billion current US$ | +6.4% |
| 1984 | 1.07 billion current US$ | -0.8% |
| 1985 | 1.18 billion current US$ | +10.3% |
| 1986 | 1.52 billion current US$ | +28.2% |
| 1987 | 1.86 billion current US$ | +22.9% |
| 1988 | 1.91 billion current US$ | +2.5% |
| 1989 | 1.87 billion current US$ | -1.9% |
| 1990 | 2.14 billion current US$ | +14.4% |
| 1991 | 2.13 billion current US$ | -0.6% |
| 1992 | 2.11 billion current US$ | -0.8% |
| 1993 | 2.01 billion current US$ | -5.0% |
| 1994 | 2.25 billion current US$ | +12.1% |
| 1995 | 2.49 billion current US$ | +10.7% |
| 1996 | 2.66 billion current US$ | +6.6% |
| 1997 | 2.69 billion current US$ | +1.2% |
| 1998 | 2.87 billion current US$ | +6.8% |
| 1999 | 2.92 billion current US$ | +1.5% |
| 2000 | 2.90 billion current US$ | -0.5% |
| 2001 | 3.04 billion current US$ | +4.9% |
| 2002 | 3.31 billion current US$ | +8.8% |
| 2003 | 3.73 billion current US$ | +12.7% |
| 2004 | 4.48 billion current US$ | +20.2% |
| 2005 | 5.12 billion current US$ | +14.2% |
| 2006 | 5.31 billion current US$ | +3.8% |
| 2007 | 7.11 billion current US$ | +33.9% |
| 2008 | 7.28 billion current US$ | +2.4% |
| 2009 | 6.41 billion current US$ | -12.0% |
| 2010 | 7.12 billion current US$ | +11.1% |
| 2011 | 8.31 billion current US$ | +16.6% |
| 2012 | 8.10 billion current US$ | -2.5% |
| 2013 | 8.58 billion current US$ | +6.0% |
| 2014 | 9.19 billion current US$ | +7.1% |
| 2015 | 9.09 billion current US$ | -1.1% |
| 2016 | 10.01 billion current US$ | +10.2% |
| 2017 | 11.45 billion current US$ | +14.3% |
| 2018 | 12.40 billion current US$ | +8.3% |
| 2019 | 11.17 billion current US$ | -9.9% |
| 2020 | 7.52 billion current US$ | -32.7% |
| 2021 | 9.80 billion current US$ | +30.3% |
| 2022 | 13.63 billion current US$ | +39.1% |
| 2023 | 13.94 billion current US$ | +2.3% |
| 2024 | 14.09 billion current US$ | +1.1% |
| 2025 | 15.48 billion current US$ | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 535.98 million current US$ | 233.40 million current US$ | 1.07 billion current US$ | 10 |
| 1980s | 1.39 billion current US$ | 1.02 billion current US$ | 1.91 billion current US$ | 10 |
| 1990s | 2.43 billion current US$ | 2.01 billion current US$ | 2.92 billion current US$ | 10 |
| 2000s | 4.87 billion current US$ | 2.90 billion current US$ | 7.28 billion current US$ | 10 |
| 2010s | 9.54 billion current US$ | 7.12 billion current US$ | 12.40 billion current US$ | 10 |
| 2020s | 12.41 billion current US$ | 7.52 billion current US$ | 15.48 billion current US$ | 6 |
Countries ranked near Iceland
- 94 Mongolia 17.27 billion current US$ compare
- 95 Tanzania, United Republic of 17.11 billion current US$ compare
- 96 Ethiopia 16.79 billion current US$ compare
- 98 Venezuela, Bolivarian Republic of 14.85 billion current US$ compare
- 99 Armenia 14.07 billion current US$ compare
- 100 Honduras 13.86 billion 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)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 65,116 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.72 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 85.06 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 8.36 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3978 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is exports of goods and services in Iceland?
- Exports of goods and services in Iceland was 15.48 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Iceland?
- The highest recorded value was 15.48 billion current US$ in 2025.
- What is the lowest exports of goods and services recorded in Iceland?
- The lowest recorded value was 233.40 million current US$ in 1970.
- How does Iceland rank for exports of goods and services?
- Iceland ranks 97th out of 192 countries with data for 2025.
- Is exports of goods and services rising or falling in Iceland?
- Over the last ten years it is up 70.3%. 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 Offices (NSOs), published as part of Exports of goods and services (current US$). Statizoid updates them automatically from the source API.
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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.