Foreign direct investment (FDI) inflows in Iceland

Iceland: Foreign direct investment (FDI) inflows was 188.84 in 2024. ◆ Volatile

Latest (2024)
188.84
Change on year
down 87.1%
World rank
155th
of 222 countries
All-time high
6,825
in 2007
All-time low
-928.5
in 2020
Years of data
35
1990–2024

Foreign direct investment (FDI) inflows in Iceland, 1990–2024

02.0k4.0k6.0k1990200720241990: 22.11991: 18.31992: -12.71993: 0.4441994: -1.51995: -9.31996: 83.41997: 149.51998: 152.61999: 68.52000: 171.22001: 173.62002: 87.12003: 332.12004: 725.92005: 3.1k2006: 3.8k2007: 6.8k2008: 919.72009: 78.82010: 245.12011: 1.1k2012: 1.0k2013: 396.82014: 447.12015: 708.52016: -427.22017: -41.42018: -381.52019: -225.22020: -928.52021: 517.82022: 1.1k2023: 1.5k2024: 188.8

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, foreign direct investment (fdi) inflows in Iceland stood at 188.84.

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 in 2007 and was at its lowest, -928.5, in 2020.

Iceland ranks 155th of 222 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 in Iceland, year by year

Annual values for Foreign direct investment (FDI) inflows (millions of United States dollars) in Iceland, 1990 to 2024.
Year Value Change
1990 22.08
1991 18.27 -17.3%
1992 -12.74 -169.7%
1993 0.4438 -103.5%
1994 -1.53 -444.7%
1995 -9.26 +505.3%
1996 83.37 -1000.4%
1997 149.54 +79.4%
1998 152.64 +2.1%
1999 68.54 -55.1%
2000 171.22 +149.8%
2001 173.59 +1.4%
2002 87.14 -49.8%
2003 332.1 +281.1%
2004 725.93 +118.6%
2005 3,071 +323.1%
2006 3,843 +25.1%
2007 6,825 +77.6%
2008 919.69 -86.5%
2009 78.77 -91.4%
2010 245.14 +211.2%
2011 1,107 +351.8%
2012 1,025 -7.4%
2013 396.82 -61.3%
2014 447.11 +12.7%
2015 708.53 +58.5%
2016 -427.24 -160.3%
2017 -41.4 -90.3%
2018 -381.47 +821.5%
2019 -225.24 -41.0%
2020 -928.5 +312.2%
2021 517.79 -155.8%
2022 1,061 +104.8%
2023 1,464 +38.0%
2024 188.84 -87.1%

Iceland compared with similar countries

  • Iceland's 188.84 is below the median for high income countries, which is 3,309, 6% of the median. (68 countries reporting)
  • Iceland's 188.84 is below the median for Europe & Central Asia, which is 2,342, 8% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Foreign direct investment (FDI) inflows 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.

YearChange FromTo
1996 +1000.4% -9.26 83.37
2018 -821.5% -41.4 -381.47

Averages by decade

DecadeAverage LowestHighest Years
1990s 47.14 -12.74 152.64 10
2000s 1,623 78.77 6,825 10
2010s 285.49 -427.24 1,107 10
2020s 460.53 -928.5 1,464 5

Countries ranked near Iceland

  1. 152 Azerbaijan 231.28 compare
  2. 153 Malawi 220.39 compare
  3. 154 Fiji 203.99 compare
  4. 156 Equatorial Guinea 188.01 compare
  5. 157 Belize 166.28 compare
  6. 158 State of Palestine 162 compare

See the full ranking of 258 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is foreign direct investment (fdi) inflows in Iceland?
Foreign direct investment (fdi) inflows in Iceland was 188.84 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 in 2007.
What is the lowest foreign direct investment (fdi) inflows recorded in Iceland?
The lowest recorded value was -928.5 in 2020.
How does Iceland rank for foreign direct investment (fdi) inflows?
Iceland ranks 155th out of 222 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.

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Foreign direct investment (FDI) inflows in Iceland. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 17 September 2026, from https://economy.statizoid.com/stat/foreign-direct-investment-fdi-inflows-millions-of-united-states-dollars/iceland/

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About this data

Indicator
Foreign direct investment (FDI) inflows (millions of United States dollars)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
258 places, 8,418 data points, 1990–2024
Last refreshed