Exports of goods, services and primary income in Iceland
Iceland: Exports of goods, services and primary income was 16.52 billion BoP, current US$ in 2025. ◆ Volatile
Exports of goods, services and primary income in Iceland, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, exports of goods, services and primary income in Iceland stood at 16.52 billion BoP, current US$. That is the highest value across all 50 years on record.
The figure is up 8.7% on the previous year and up 63.8% over ten years.
Over the whole period, exports of goods, services and primary income in Iceland peaked at 16.52 billion BoP, current US$ in 2025 and was at its lowest, 577.70 million BoP, current US$, in 1976.
That places Iceland 99th out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods, services and primary income in Iceland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 577.70 million BoP, current US$ | — |
| 1977 | 729.50 million BoP, current US$ | +26.3% |
| 1978 | 908.20 million BoP, current US$ | +24.5% |
| 1979 | 1.08 billion BoP, current US$ | +19.4% |
| 1980 | 1.21 billion BoP, current US$ | +11.9% |
| 1981 | 1.22 billion BoP, current US$ | +0.7% |
| 1982 | 1.05 billion BoP, current US$ | -13.7% |
| 1983 | 1.10 billion BoP, current US$ | +4.3% |
| 1984 | 1.11 billion BoP, current US$ | +0.5% |
| 1985 | 1.22 billion BoP, current US$ | +10.7% |
| 1986 | 1.57 billion BoP, current US$ | +28.2% |
| 1987 | 1.95 billion BoP, current US$ | +24.0% |
| 1988 | 1.98 billion BoP, current US$ | +1.9% |
| 1989 | 1.95 billion BoP, current US$ | -1.6% |
| 1990 | 2.23 billion BoP, current US$ | +14.4% |
| 1991 | 2.21 billion BoP, current US$ | -1.0% |
| 1992 | 2.22 billion BoP, current US$ | +0.3% |
| 1993 | 2.08 billion BoP, current US$ | -6.0% |
| 1994 | 2.25 billion BoP, current US$ | +8.0% |
| 1995 | 2.55 billion BoP, current US$ | +13.3% |
| 1996 | 2.73 billion BoP, current US$ | +6.8% |
| 1997 | 2.76 billion BoP, current US$ | +1.1% |
| 1998 | 2.96 billion BoP, current US$ | +7.2% |
| 1999 | 3.01 billion BoP, current US$ | +1.8% |
| 2000 | 3.01 billion BoP, current US$ | +0.1% |
| 2001 | 3.20 billion BoP, current US$ | +6.3% |
| 2002 | 3.61 billion BoP, current US$ | +12.9% |
| 2003 | 4.09 billion BoP, current US$ | +13.2% |
| 2004 | 4.93 billion BoP, current US$ | +20.4% |
| 2005 | 6.55 billion BoP, current US$ | +33.0% |
| 2006 | 7.90 billion BoP, current US$ | +20.6% |
| 2007 | 11.70 billion BoP, current US$ | +48.1% |
| 2008 | 9.18 billion BoP, current US$ | -21.5% |
| 2009 | 7.25 billion BoP, current US$ | -21.1% |
| 2010 | 7.74 billion BoP, current US$ | +6.7% |
| 2011 | 9.69 billion BoP, current US$ | +25.2% |
| 2012 | 9.06 billion BoP, current US$ | -6.5% |
| 2013 | 9.76 billion BoP, current US$ | +7.7% |
| 2014 | 10.21 billion BoP, current US$ | +4.6% |
| 2015 | 10.09 billion BoP, current US$ | -1.2% |
| 2016 | 11.26 billion BoP, current US$ | +11.6% |
| 2017 | 12.41 billion BoP, current US$ | +10.2% |
| 2018 | 13.31 billion BoP, current US$ | +7.2% |
| 2019 | 12.04 billion BoP, current US$ | -9.6% |
| 2020 | 8.28 billion BoP, current US$ | -31.2% |
| 2021 | 10.56 billion BoP, current US$ | +27.5% |
| 2022 | 14.31 billion BoP, current US$ | +35.5% |
| 2023 | 15.15 billion BoP, current US$ | +5.9% |
| 2024 | 15.21 billion BoP, current US$ | +0.4% |
| 2025 | 16.52 billion BoP, current US$ | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 824.92 million BoP, current US$ | 577.70 million BoP, current US$ | 1.08 billion BoP, current US$ | 4 |
| 1980s | 1.44 billion BoP, current US$ | 1.05 billion BoP, current US$ | 1.98 billion BoP, current US$ | 10 |
| 1990s | 2.50 billion BoP, current US$ | 2.08 billion BoP, current US$ | 3.01 billion BoP, current US$ | 10 |
| 2000s | 6.14 billion BoP, current US$ | 3.01 billion BoP, current US$ | 11.70 billion BoP, current US$ | 10 |
| 2010s | 10.56 billion BoP, current US$ | 7.74 billion BoP, current US$ | 13.31 billion BoP, current US$ | 10 |
| 2020s | 13.34 billion BoP, current US$ | 8.28 billion BoP, current US$ | 16.52 billion BoP, current US$ | 6 |
Countries ranked near Iceland
- 96 Mauritius 19.54 billion BoP, current US$ compare
- 97 Myanmar 18.89 billion BoP, current US$ compare
- 98 Mongolia 16.91 billion BoP, current US$ compare
- 100 Tanzania, United Republic of 16.28 billion BoP, current US$ compare
- 101 Armenia 15.46 billion BoP, current US$ compare
- 102 Bosnia and Herzegovina 14.81 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)
- 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is exports of goods, services and primary income in Iceland?
- Exports of goods, services and primary income in Iceland was 16.52 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods, services and primary income recorded in Iceland?
- The highest recorded value was 16.52 billion BoP, current US$ in 2025.
- What is the lowest exports of goods, services and primary income recorded in Iceland?
- The lowest recorded value was 577.70 million BoP, current US$ in 1976.
- How does Iceland rank for exports of goods, services and primary income?
- Iceland ranks 99th out of 199 countries with data for 2025.
- Is exports of goods, services and primary income rising or falling in Iceland?
- Over the last ten years it is up 63.8%. 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, services and primary income (BoP, 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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.