Foreign direct investment (FDI) inflows (millions of United States) in Iceland
Iceland: Foreign direct investment (FDI) inflows (millions of United States) was 188.84 million current US$ in 2024. ◆ Volatile
Latest (2024)
188.84 million current US$
Change on year
down 87.1%
World rank
156th
of 224 countries
All-time high
6,825 million current US$
in 2007
All-time low
-928.5 million current US$
in 2020
Years of data
35
1990–2024
Foreign direct investment (FDI) inflows in Iceland, 1990–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in million current US$.
Analysis
In 2024, foreign direct investment (fdi) inflows in Iceland stood at 188.84 million current US$.
The figure is down 87.1% on the previous year and down 57.8% over ten years.
Over the whole period, foreign direct investment (fdi) inflows in Iceland peaked at 6,825 million current US$ in 2007 and was at its lowest, -928.5 million current US$, in 2020.
Iceland ranks 156th of 224 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment (FDI) inflows (millions of United States) in Iceland, year by year
| Year | million current US$ | Change |
|---|---|---|
| 1990 | 22.08 million current US$ | — |
| 1991 | 18.27 million current US$ | -17.3% |
| 1992 | -12.74 million current US$ | -169.7% |
| 1993 | 0.4438 million current US$ | -103.5% |
| 1994 | -1.53 million current US$ | -444.7% |
| 1995 | -9.26 million current US$ | +505.3% |
| 1996 | 83.37 million current US$ | -1000.4% |
| 1997 | 149.54 million current US$ | +79.4% |
| 1998 | 152.64 million current US$ | +2.1% |
| 1999 | 68.54 million current US$ | -55.1% |
| 2000 | 171.22 million current US$ | +149.8% |
| 2001 | 173.59 million current US$ | +1.4% |
| 2002 | 87.14 million current US$ | -49.8% |
| 2003 | 332.1 million current US$ | +281.1% |
| 2004 | 725.93 million current US$ | +118.6% |
| 2005 | 3,071 million current US$ | +323.1% |
| 2006 | 3,843 million current US$ | +25.1% |
| 2007 | 6,825 million current US$ | +77.6% |
| 2008 | 919.69 million current US$ | -86.5% |
| 2009 | 78.77 million current US$ | -91.4% |
| 2010 | 245.14 million current US$ | +211.2% |
| 2011 | 1,107 million current US$ | +351.8% |
| 2012 | 1,025 million current US$ | -7.4% |
| 2013 | 396.82 million current US$ | -61.3% |
| 2014 | 447.11 million current US$ | +12.7% |
| 2015 | 708.53 million current US$ | +58.5% |
| 2016 | -427.24 million current US$ | -160.3% |
| 2017 | -41.4 million current US$ | -90.3% |
| 2018 | -381.47 million current US$ | +821.5% |
| 2019 | -225.24 million current US$ | -41.0% |
| 2020 | -928.5 million current US$ | +312.2% |
| 2021 | 517.79 million current US$ | -155.8% |
| 2022 | 1,061 million current US$ | +104.8% |
| 2023 | 1,464 million current US$ | +38.0% |
| 2024 | 188.84 million current US$ | -87.1% |
Iceland compared with similar countries
- Iceland's 188.84 million current US$ is below the median for high income countries, which is 3,309 million current US$, 6% of the median. (68 countries reporting)
- Iceland's 188.84 million current US$ is below the median for Europe & Central Asia, which is 2,342 million current US$, 8% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Foreign direct investment (FDI) inflows (millions of United States) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +1000.4% | -9.26 million current US$ | 83.37 million current US$ |
| 2018 | -821.5% | -41.4 million current US$ | -381.47 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.14 million current US$ | -12.74 million current US$ | 152.64 million current US$ | 10 |
| 2000s | 1,623 million current US$ | 78.77 million current US$ | 6,825 million current US$ | 10 |
| 2010s | 285.49 million current US$ | -427.24 million current US$ | 1,107 million current US$ | 10 |
| 2020s | 460.53 million current US$ | -928.5 million current US$ | 1,464 million current US$ | 5 |
Countries ranked near Iceland
- 153 Azerbaijan 231.28 million current US$ compare
- 154 Malawi 220.39 million current US$ compare
- 155 Fiji 203.99 million current US$ compare
- 157 Equatorial Guinea 188.01 million current US$ compare
- 158 Belize 166.28 million current US$ compare
- 159 State of Palestine 162 million current US$ compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is foreign direct investment (fdi) inflows in Iceland?
- Foreign direct investment (fdi) inflows in Iceland was 188.84 million current US$ in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest foreign direct investment (fdi) inflows recorded in Iceland?
- The highest recorded value was 6,825 million current US$ in 2007.
- What is the lowest foreign direct investment (fdi) inflows recorded in Iceland?
- The lowest recorded value was -928.5 million current US$ in 2020.
- How does Iceland rank for foreign direct investment (fdi) inflows?
- Iceland ranks 156th out of 224 countries with data for 2024.
- Is foreign direct investment (fdi) inflows rising or falling in Iceland?
- Over the last ten years it is down 57.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Foreign direct investment (FDI) inflows (millions of United States dollars). Statizoid updates them automatically from the source API.
Download this data
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