Goods exports (BoP, current US$) in Iceland
Iceland: Goods exports (BoP, current US$) was 7.40 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
7.40 billion BoP, current US$
Change on year
up 6.3%
World rank
111th
of 200 countries
All-time high
7.53 billion BoP, current US$
in 2022
All-time low
402.00 million BoP, current US$
in 1976
Years of data
50
1976–2025
Goods exports in Iceland, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, goods exports in Iceland stood at 7.40 billion BoP, current US$.
That represents a change of up 6.3% on the previous year and up 57.8% over ten years.
Over the whole period, goods exports in Iceland peaked at 7.53 billion BoP, current US$ in 2022 and was at its lowest, 402.00 million BoP, current US$, in 1976.
That places Iceland 111th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports (BoP, current US$) in Iceland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 402.00 million BoP, current US$ | — |
| 1977 | 512.60 million BoP, current US$ | +27.5% |
| 1978 | 640.30 million BoP, current US$ | +24.9% |
| 1979 | 779.60 million BoP, current US$ | +21.8% |
| 1980 | 919.80 million BoP, current US$ | +18.0% |
| 1981 | 896.40 million BoP, current US$ | -2.5% |
| 1982 | 685.50 million BoP, current US$ | -23.5% |
| 1983 | 742.00 million BoP, current US$ | +8.2% |
| 1984 | 743.20 million BoP, current US$ | +0.2% |
| 1985 | 814.00 million BoP, current US$ | +9.5% |
| 1986 | 1.10 billion BoP, current US$ | +34.7% |
| 1987 | 1.38 billion BoP, current US$ | +25.5% |
| 1988 | 1.43 billion BoP, current US$ | +3.6% |
| 1989 | 1.40 billion BoP, current US$ | -1.7% |
| 1990 | 1.59 billion BoP, current US$ | +13.3% |
| 1991 | 1.55 billion BoP, current US$ | -2.3% |
| 1992 | 1.53 billion BoP, current US$ | -1.4% |
| 1993 | 1.40 billion BoP, current US$ | -8.5% |
| 1994 | 1.56 billion BoP, current US$ | +11.5% |
| 1995 | 1.80 billion BoP, current US$ | +15.6% |
| 1996 | 1.89 billion BoP, current US$ | +4.8% |
| 1997 | 1.85 billion BoP, current US$ | -2.0% |
| 1998 | 1.92 billion BoP, current US$ | +3.6% |
| 1999 | 1.95 billion BoP, current US$ | +1.7% |
| 2000 | 1.83 billion BoP, current US$ | -6.2% |
| 2001 | 1.89 billion BoP, current US$ | +3.4% |
| 2002 | 2.11 billion BoP, current US$ | +11.6% |
| 2003 | 2.25 billion BoP, current US$ | +6.5% |
| 2004 | 2.74 billion BoP, current US$ | +22.0% |
| 2005 | 2.89 billion BoP, current US$ | +5.4% |
| 2006 | 3.10 billion BoP, current US$ | +7.3% |
| 2007 | 4.12 billion BoP, current US$ | +32.9% |
| 2008 | 4.65 billion BoP, current US$ | +13.0% |
| 2009 | 3.72 billion BoP, current US$ | -20.1% |
| 2010 | 4.12 billion BoP, current US$ | +10.9% |
| 2011 | 4.85 billion BoP, current US$ | +17.7% |
| 2012 | 4.61 billion BoP, current US$ | -5.0% |
| 2013 | 4.60 billion BoP, current US$ | -0.3% |
| 2014 | 4.90 billion BoP, current US$ | +6.5% |
| 2015 | 4.69 billion BoP, current US$ | -4.1% |
| 2016 | 4.57 billion BoP, current US$ | -2.7% |
| 2017 | 5.05 billion BoP, current US$ | +10.7% |
| 2018 | 5.77 billion BoP, current US$ | +14.1% |
| 2019 | 5.37 billion BoP, current US$ | -6.8% |
| 2020 | 4.73 billion BoP, current US$ | -12.0% |
| 2021 | 6.12 billion BoP, current US$ | +29.4% |
| 2022 | 7.53 billion BoP, current US$ | +23.1% |
| 2023 | 6.81 billion BoP, current US$ | -9.5% |
| 2024 | 6.97 billion BoP, current US$ | +2.3% |
| 2025 | 7.40 billion BoP, current US$ | +6.3% |
Iceland compared with similar countries
- Iceland's 7.40 billion BoP, current US$ is below the median for high income countries, which is 47.85 billion BoP, current US$, 15% of the median. (72 countries reporting)
- Iceland's 7.40 billion BoP, current US$ is below the median for Europe & Central Asia, which is 47.75 billion BoP, current US$, 16% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 583.62 million BoP, current US$ | 402.00 million BoP, current US$ | 779.60 million BoP, current US$ | 4 |
| 1980s | 1.01 billion BoP, current US$ | 685.50 million BoP, current US$ | 1.43 billion BoP, current US$ | 10 |
| 1990s | 1.70 billion BoP, current US$ | 1.40 billion BoP, current US$ | 1.95 billion BoP, current US$ | 10 |
| 2000s | 2.93 billion BoP, current US$ | 1.83 billion BoP, current US$ | 4.65 billion BoP, current US$ | 10 |
| 2010s | 4.85 billion BoP, current US$ | 4.12 billion BoP, current US$ | 5.77 billion BoP, current US$ | 10 |
| 2020s | 6.59 billion BoP, current US$ | 4.73 billion BoP, current US$ | 7.53 billion BoP, current US$ | 6 |
Countries ranked near Iceland
- 108 Zimbabwe 7.79 billion BoP, current US$ compare
- 109 Mozambique 7.79 billion BoP, current US$ compare
- 110 Congo 7.51 billion BoP, current US$ compare
- 112 Honduras 6.88 billion BoP, current US$ compare
- 113 Nicaragua 6.84 billion BoP, current US$ compare
- 114 Cameroon 6.79 billion BoP, 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 goods exports in Iceland?
- Goods exports in Iceland was 7.40 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Iceland?
- The highest recorded value was 7.53 billion BoP, current US$ in 2022.
- What is the lowest goods exports recorded in Iceland?
- The lowest recorded value was 402.00 million BoP, current US$ in 1976.
- How does Iceland rank for goods exports?
- Iceland ranks 111th out of 200 countries with data for 2025.
- Is goods exports rising or falling in Iceland?
- Over the last ten years it is up 57.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.