Foreign direct investment, net inflows, as a proportion of GDP (%) in Iceland
Iceland: Foreign direct investment, net inflows, as a proportion of GDP (%) was 8.1% in 2024. ◆ Volatile
Latest (2024)
8.1%
Change on year
up 36.3%
World rank
27th
of 214 countries
All-time high
31.3%
in 2007
All-time low
-27.9%
in 2017
Years of data
25
2000–2024
Foreign direct investment, net inflows, as a proportion of GDP in Iceland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, foreign direct investment, net inflows, as a proportion of gdp in Iceland stood at 8.1%.
Compared with earlier readings it is up 36.3% on the previous year and up 91.1% over ten years.
Over the whole period, foreign direct investment, net inflows, as a proportion of gdp in Iceland peaked at 31.3% in 2007 and was at its lowest, -27.9%, in 2017.
That places Iceland 27th out of 214 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows, as a proportion of GDP (%) in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | 2.0% | +15.7% |
| 2002 | 1.0% | -50.3% |
| 2003 | 2.9% | +197.1% |
| 2004 | 5.4% | +86.5% |
| 2005 | 18.0% | +233.6% |
| 2006 | 21.9% | +21.6% |
| 2007 | 31.3% | +42.7% |
| 2008 | 6.6% | -78.9% |
| 2009 | 0.5% | -92.7% |
| 2010 | 1.8% | +283.5% |
| 2011 | 7.2% | +289.6% |
| 2012 | 6.9% | -4.7% |
| 2013 | 2.9% | -57.5% |
| 2014 | 4.2% | +46.0% |
| 2015 | 6.5% | +52.4% |
| 2016 | -5.1% | -178.1% |
| 2017 | -27.9% | +452.3% |
| 2018 | -2.3% | -91.6% |
| 2019 | -2.2% | -4.6% |
| 2020 | -4.0% | +79.0% |
| 2021 | 1.5% | -138.3% |
| 2022 | 4.7% | +210.2% |
| 2023 | 6.0% | +25.7% |
| 2024 | 8.1% | +36.3% |
Iceland compared with similar countries
- Iceland's 8.1% is above the median for high income countries, which is 2.6%, 3.2× the median. (69 countries reporting)
- Iceland's 8.1% is above the median for Europe & Central Asia, which is 2.6%, 3.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.1% | 0.5% | 31.3% | 10 |
| 2010s | -0.8% | -27.9% | 7.2% | 10 |
| 2020s | 3.3% | -4.0% | 8.1% | 5 |
Countries ranked near Iceland
- 24 Dominica 8.7% compare
- 25 New Caledonia 8.5% compare
- 26 United Arab Emirates 8.3% compare
- 28 Kosovo 7.7% compare
- 29 Saint Lucia 7.3% compare
- 30 Montenegro 7.2% 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, net inflows, as a proportion of gdp in Iceland?
- Foreign direct investment, net inflows, as a proportion of gdp in Iceland was 8.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest foreign direct investment, net inflows, as a proportion of gdp recorded in Iceland?
- The highest recorded value was 31.3% in 2007.
- What is the lowest foreign direct investment, net inflows, as a proportion of gdp recorded in Iceland?
- The lowest recorded value was -27.9% in 2017.
- How does Iceland rank for foreign direct investment, net inflows, as a proportion of gdp?
- Iceland ranks 27th out of 214 countries with data for 2024.
- Is foreign direct investment, net inflows, as a proportion of gdp rising or falling in Iceland?
- Over the last ten years it is up 91.1%. 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, net inflows, as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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