ICT service exports in Iceland
Iceland: ICT service exports was 10.6% in 2025. ▲ Rising
ICT service exports in Iceland, 1990–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Iceland recorded 10.6% for ict service exports in 2025.
Compared with earlier readings it is up 42.2% on the previous year and up 92.8% over ten years.
Over the whole period, ict service exports in Iceland peaked at 12.3% in 2020 and was at its lowest, 2.7%, in 1992.
That places Iceland 55th out of 189 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
ICT service exports in Iceland, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1990 | 2.7% | — |
| 1991 | 2.7% | +0.5% |
| 1992 | 2.7% | -1.4% |
| 1993 | 2.9% | +8.9% |
| 1994 | 3.3% | +10.8% |
| 2009 | 5.7% | +75.2% |
| 2010 | 4.6% | -19.8% |
| 2011 | 4.6% | -0.5% |
| 2012 | 4.4% | -4.3% |
| 2013 | 4.9% | +13.3% |
| 2014 | 5.1% | +3.9% |
| 2015 | 5.5% | +7.1% |
| 2016 | 5.1% | -7.9% |
| 2017 | 4.7% | -6.8% |
| 2018 | 5.7% | +21.2% |
| 2019 | 7.0% | +22.9% |
| 2020 | 12.3% | +74.8% |
| 2021 | 11.4% | -7.7% |
| 2022 | 8.0% | -29.2% |
| 2023 | 7.6% | -5.8% |
| 2024 | 7.5% | -1.4% |
| 2025 | 10.6% | +42.2% |
Iceland compared with similar countries
- Iceland's 10.6% is above the median for high income countries, which is 7.6%, 1.4× the median. (68 countries reporting)
- Iceland's 10.6% is below the median for Europe & Central Asia, which is 11.4%, 93% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where ICT service exports in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +75.2% | 3.3% | 5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 2.7% | 3.3% | 5 |
| 2000s | 5.7% | 5.7% | 5.7% | 1 |
| 2010s | 5.2% | 4.4% | 7.0% | 10 |
| 2020s | 9.6% | 7.5% | 12.3% | 6 |
Countries ranked near Iceland
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 ict service exports in Iceland?
- Ict service exports in Iceland was 10.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Iceland?
- The highest recorded value was 12.3% in 2020.
- What is the lowest ict service exports recorded in Iceland?
- The lowest recorded value was 2.7% in 1992.
- How does Iceland rank for ict service exports?
- Iceland ranks 55th out of 189 countries with data for 2025.
- Is ict service exports rising or falling in Iceland?
- Over the last ten years it is up 92.8%. The long-run trend across the full record is rising.
- 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 ICT service exports (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions).