Goods exports (BoP, current US$), per unit of GDP in Iceland
Iceland: Goods exports (BoP, current US$), per unit of GDP was 0.1918 BoP, current US$ per US$ of GDP in 2025. ▬ Flat
Goods exports (BoP, current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Iceland recorded 0.1918 BoP, current US$ per US$ of GDP for goods exports (bop, current us$), per unit of gdp in 2025.
The figure is down 8.6% on the previous year and down 27.7% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Iceland peaked at 0.3152 BoP, current US$ per US$ of GDP in 2011 and was at its lowest, 0.1685 BoP, current US$ per US$ of GDP, in 2005.
That places Iceland 106th out of 199 countries with data for 2025, putting it in the middle of the range.
Goods exports (BoP, current US$), per unit of GDP in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.2327 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.2243 BoP, current US$ per US$ of GDP | -3.6% |
| 1978 | 0.2463 BoP, current US$ per US$ of GDP | +9.8% |
| 1979 | 0.264 BoP, current US$ per US$ of GDP | +7.2% |
| 1980 | 0.2628 BoP, current US$ per US$ of GDP | -0.4% |
| 1981 | 0.248 BoP, current US$ per US$ of GDP | -5.7% |
| 1982 | 0.2066 BoP, current US$ per US$ of GDP | -16.7% |
| 1983 | 0.2592 BoP, current US$ per US$ of GDP | +25.5% |
| 1984 | 0.2507 BoP, current US$ per US$ of GDP | -3.3% |
| 1985 | 0.2636 BoP, current US$ per US$ of GDP | +5.1% |
| 1986 | 0.2656 BoP, current US$ per US$ of GDP | +0.8% |
| 1987 | 0.2409 BoP, current US$ per US$ of GDP | -9.3% |
| 1988 | 0.2255 BoP, current US$ per US$ of GDP | -6.4% |
| 1989 | 0.2387 BoP, current US$ per US$ of GDP | +5.8% |
| 1990 | 0.2373 BoP, current US$ per US$ of GDP | -0.6% |
| 1991 | 0.2169 BoP, current US$ per US$ of GDP | -8.6% |
| 1992 | 0.2086 BoP, current US$ per US$ of GDP | -3.8% |
| 1993 | 0.2173 BoP, current US$ per US$ of GDP | +4.2% |
| 1994 | 0.2359 BoP, current US$ per US$ of GDP | +8.6% |
| 1995 | 0.2446 BoP, current US$ per US$ of GDP | +3.7% |
| 1996 | 0.2458 BoP, current US$ per US$ of GDP | +0.5% |
| 1997 | 0.24 BoP, current US$ per US$ of GDP | -2.4% |
| 1998 | 0.222 BoP, current US$ per US$ of GDP | -7.5% |
| 1999 | 0.2141 BoP, current US$ per US$ of GDP | -3.6% |
| 2000 | 0.2 BoP, current US$ per US$ of GDP | -6.6% |
| 2001 | 0.2271 BoP, current US$ per US$ of GDP | +13.6% |
| 2002 | 0.224 BoP, current US$ per US$ of GDP | -1.4% |
| 2003 | 0.1942 BoP, current US$ per US$ of GDP | -13.3% |
| 2004 | 0.1963 BoP, current US$ per US$ of GDP | +1.1% |
| 2005 | 0.1685 BoP, current US$ per US$ of GDP | -14.2% |
| 2006 | 0.1754 BoP, current US$ per US$ of GDP | +4.1% |
| 2007 | 0.1876 BoP, current US$ per US$ of GDP | +6.9% |
| 2008 | 0.2551 BoP, current US$ per US$ of GDP | +36.0% |
| 2009 | 0.2815 BoP, current US$ per US$ of GDP | +10.4% |
| 2010 | 0.2962 BoP, current US$ per US$ of GDP | +5.2% |
| 2011 | 0.3152 BoP, current US$ per US$ of GDP | +6.4% |
| 2012 | 0.3084 BoP, current US$ per US$ of GDP | -2.2% |
| 2013 | 0.2829 BoP, current US$ per US$ of GDP | -8.3% |
| 2014 | 0.2712 BoP, current US$ per US$ of GDP | -4.1% |
| 2015 | 0.2651 BoP, current US$ per US$ of GDP | -2.2% |
| 2016 | 0.2166 BoP, current US$ per US$ of GDP | -18.3% |
| 2017 | 0.2017 BoP, current US$ per US$ of GDP | -6.9% |
| 2018 | 0.2163 BoP, current US$ per US$ of GDP | +7.2% |
| 2019 | 0.2151 BoP, current US$ per US$ of GDP | -0.5% |
| 2020 | 0.2145 BoP, current US$ per US$ of GDP | -0.3% |
| 2021 | 0.2331 BoP, current US$ per US$ of GDP | +8.7% |
| 2022 | 0.2581 BoP, current US$ per US$ of GDP | +10.7% |
| 2023 | 0.2149 BoP, current US$ per US$ of GDP | -16.8% |
| 2024 | 0.2099 BoP, current US$ per US$ of GDP | -2.3% |
| 2025 | 0.1918 BoP, current US$ per US$ of GDP | -8.6% |
Iceland compared with similar countries
- Iceland's 0.1918 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.2502 BoP, current US$ per US$ of GDP, 77% of the median. (72 countries reporting)
- Iceland's 0.1918 BoP, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.2916 BoP, current US$ per US$ of GDP, 66% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2418 BoP, current US$ per US$ of GDP | 0.2243 BoP, current US$ per US$ of GDP | 0.264 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.2462 BoP, current US$ per US$ of GDP | 0.2066 BoP, current US$ per US$ of GDP | 0.2656 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2283 BoP, current US$ per US$ of GDP | 0.2086 BoP, current US$ per US$ of GDP | 0.2458 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.211 BoP, current US$ per US$ of GDP | 0.1685 BoP, current US$ per US$ of GDP | 0.2815 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.2589 BoP, current US$ per US$ of GDP | 0.2017 BoP, current US$ per US$ of GDP | 0.3152 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2204 BoP, current US$ per US$ of GDP | 0.1918 BoP, current US$ per US$ of GDP | 0.2581 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 103 Bhutan 0.1972 BoP, current US$ per US$ of GDP compare
- 104 Indonesia 0.194 BoP, current US$ per US$ of GDP compare
- 105 China 0.1924 BoP, current US$ per US$ of GDP compare
- 107 Lebanon 0.1917 BoP, current US$ per US$ of GDP compare
- 108 Turkey 0.1894 BoP, current US$ per US$ of GDP compare
- 109 Fiji 0.1892 BoP, current US$ per US$ of GDP 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is goods exports (bop, current us$), per unit of gdp in Iceland?
- Goods exports (bop, current us$), per unit of gdp in Iceland was 0.1918 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.3152 BoP, current US$ per US$ of GDP in 2011.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1685 BoP, current US$ per US$ of GDP in 2005.
- How does Iceland rank for goods exports (bop, current us$), per unit of gdp?
- Iceland ranks 106th out of 199 countries with data for 2025.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 27.7%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.