Goods imports (BoP, current US$), per unit of GDP in Iceland
Iceland: Goods imports (BoP, current US$), per unit of GDP was 0.2698 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.2698 BoP, current US$ per US$ of GDP
Change on year
down 3.8%
World rank
119th
of 199 countries
All-time high
0.3277 BoP, current US$ per US$ of GDP
in 2006
All-time low
0.1892 BoP, current US$ per US$ of GDP
in 1993
Years of data
50
1976–2025
Goods imports (BoP, current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for goods imports (bop, current us$), per unit of gdp in Iceland is 0.2698 BoP, current US$ per US$ of GDP, measured in 2025.
The figure is down 3.8% on the previous year and down 3.1% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Iceland peaked at 0.3277 BoP, current US$ per US$ of GDP in 2006 and was at its lowest, 0.1892 BoP, current US$ per US$ of GDP, in 1993.
That places Iceland 119th out of 199 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.2476 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.2471 BoP, current US$ per US$ of GDP | -0.2% |
| 1978 | 0.2379 BoP, current US$ per US$ of GDP | -3.7% |
| 1979 | 0.2554 BoP, current US$ per US$ of GDP | +7.3% |
| 1980 | 0.2571 BoP, current US$ per US$ of GDP | +0.7% |
| 1981 | 0.256 BoP, current US$ per US$ of GDP | -0.4% |
| 1982 | 0.2524 BoP, current US$ per US$ of GDP | -1.4% |
| 1983 | 0.2521 BoP, current US$ per US$ of GDP | -0.1% |
| 1984 | 0.2552 BoP, current US$ per US$ of GDP | +1.2% |
| 1985 | 0.2637 BoP, current US$ per US$ of GDP | +3.3% |
| 1986 | 0.2422 BoP, current US$ per US$ of GDP | -8.1% |
| 1987 | 0.25 BoP, current US$ per US$ of GDP | +3.2% |
| 1988 | 0.2278 BoP, current US$ per US$ of GDP | -8.9% |
| 1989 | 0.2159 BoP, current US$ per US$ of GDP | -5.2% |
| 1990 | 0.2254 BoP, current US$ per US$ of GDP | +4.4% |
| 1991 | 0.2236 BoP, current US$ per US$ of GDP | -0.8% |
| 1992 | 0.2084 BoP, current US$ per US$ of GDP | -6.8% |
| 1993 | 0.1892 BoP, current US$ per US$ of GDP | -9.2% |
| 1994 | 0.1948 BoP, current US$ per US$ of GDP | +2.9% |
| 1995 | 0.2205 BoP, current US$ per US$ of GDP | +13.2% |
| 1996 | 0.248 BoP, current US$ per US$ of GDP | +12.5% |
| 1997 | 0.2439 BoP, current US$ per US$ of GDP | -1.7% |
| 1998 | 0.2674 BoP, current US$ per US$ of GDP | +9.6% |
| 1999 | 0.2556 BoP, current US$ per US$ of GDP | -4.4% |
| 2000 | 0.2642 BoP, current US$ per US$ of GDP | +3.4% |
| 2001 | 0.252 BoP, current US$ per US$ of GDP | -4.6% |
| 2002 | 0.2228 BoP, current US$ per US$ of GDP | -11.6% |
| 2003 | 0.2262 BoP, current US$ per US$ of GDP | +1.5% |
| 2004 | 0.2504 BoP, current US$ per US$ of GDP | +10.7% |
| 2005 | 0.2725 BoP, current US$ per US$ of GDP | +8.8% |
| 2006 | 0.3277 BoP, current US$ per US$ of GDP | +20.2% |
| 2007 | 0.283 BoP, current US$ per US$ of GDP | -13.6% |
| 2008 | 0.3093 BoP, current US$ per US$ of GDP | +9.3% |
| 2009 | 0.255 BoP, current US$ per US$ of GDP | -17.6% |
| 2010 | 0.2585 BoP, current US$ per US$ of GDP | +1.4% |
| 2011 | 0.2947 BoP, current US$ per US$ of GDP | +14.0% |
| 2012 | 0.3018 BoP, current US$ per US$ of GDP | +2.4% |
| 2013 | 0.2791 BoP, current US$ per US$ of GDP | -7.5% |
| 2014 | 0.2748 BoP, current US$ per US$ of GDP | -1.5% |
| 2015 | 0.2783 BoP, current US$ per US$ of GDP | +1.3% |
| 2016 | 0.2521 BoP, current US$ per US$ of GDP | -9.4% |
| 2017 | 0.2604 BoP, current US$ per US$ of GDP | +3.3% |
| 2018 | 0.2691 BoP, current US$ per US$ of GDP | +3.3% |
| 2019 | 0.2478 BoP, current US$ per US$ of GDP | -7.9% |
| 2020 | 0.2413 BoP, current US$ per US$ of GDP | -2.6% |
| 2021 | 0.2731 BoP, current US$ per US$ of GDP | +13.2% |
| 2022 | 0.3084 BoP, current US$ per US$ of GDP | +13.0% |
| 2023 | 0.2823 BoP, current US$ per US$ of GDP | -8.5% |
| 2024 | 0.2804 BoP, current US$ per US$ of GDP | -0.7% |
| 2025 | 0.2698 BoP, current US$ per US$ of GDP | -3.8% |
Iceland compared with similar countries
- Iceland's 0.2698 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.3181 BoP, current US$ per US$ of GDP, 85% of the median. (72 countries reporting)
- Iceland's 0.2698 BoP, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.3919 BoP, current US$ per US$ of GDP, 69% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.247 BoP, current US$ per US$ of GDP | 0.2379 BoP, current US$ per US$ of GDP | 0.2554 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.2472 BoP, current US$ per US$ of GDP | 0.2159 BoP, current US$ per US$ of GDP | 0.2637 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2277 BoP, current US$ per US$ of GDP | 0.1892 BoP, current US$ per US$ of GDP | 0.2674 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2663 BoP, current US$ per US$ of GDP | 0.2228 BoP, current US$ per US$ of GDP | 0.3277 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.2717 BoP, current US$ per US$ of GDP | 0.2478 BoP, current US$ per US$ of GDP | 0.3018 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2759 BoP, current US$ per US$ of GDP | 0.2413 BoP, current US$ per US$ of GDP | 0.3084 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 116 Jamaica 0.2756 BoP, current US$ per US$ of GDP compare
- 117 Ireland 0.2715 BoP, current US$ per US$ of GDP compare
- 118 French Polynesia 0.2706 BoP, current US$ per US$ of GDP compare
- 120 Malawi 0.2671 BoP, current US$ per US$ of GDP compare
- 121 Philippines 0.2671 BoP, current US$ per US$ of GDP compare
- 122 Iraq 0.2657 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is goods imports (bop, current us$), per unit of gdp in Iceland?
- Goods imports (bop, current us$), per unit of gdp in Iceland was 0.2698 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.3277 BoP, current US$ per US$ of GDP in 2006.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1892 BoP, current US$ per US$ of GDP in 1993.
- How does Iceland rank for goods imports (bop, current us$), per unit of gdp?
- Iceland ranks 119th out of 199 countries with data for 2025.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.