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
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 212 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% |
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
- 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)
- Final consumption expenditure (constant 2015 US$), per capita 45,300 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.4 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 100,546 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.3 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 131.34 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 12.91 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.92 % 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 212 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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