Imports by region of origin, per unit of GDP in Iceland
Iceland: Imports by region of origin, per unit of GDP was 0.0346 current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0346 current US$ per US$ of GDP
Change on year
up 11.4%
World rank
51st
of 201 countries
All-time high
0.0572 current US$ per US$ of GDP
in 1964
All-time low
0.0202 current US$ per US$ of GDP
in 1979
Years of data
65
1960–2024
Imports by region of origin, per unit of GDP in Iceland, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Iceland recorded 0.0346 current US$ per US$ of GDP for imports by region of origin, per unit of gdp in 2024.
The figure is up 11.4% on the previous year and down 10.7% over ten years.
Over the whole period, imports by region of origin, per unit of gdp in Iceland peaked at 0.0572 current US$ per US$ of GDP in 1964 and was at its lowest, 0.0202 current US$ per US$ of GDP, in 1979.
That places Iceland 51st out of 201 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Imports by region of origin, per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0517 current US$ per US$ of GDP | — |
| 1961 | 0.0469 current US$ per US$ of GDP | -9.4% |
| 1962 | 0.0428 current US$ per US$ of GDP | -8.8% |
| 1963 | 0.0389 current US$ per US$ of GDP | -9.0% |
| 1964 | 0.0572 current US$ per US$ of GDP | +47.0% |
| 1965 | 0.0434 current US$ per US$ of GDP | -24.1% |
| 1966 | 0.0427 current US$ per US$ of GDP | -1.7% |
| 1967 | 0.0421 current US$ per US$ of GDP | -1.3% |
| 1968 | 0.0343 current US$ per US$ of GDP | -18.6% |
| 1969 | 0.0293 current US$ per US$ of GDP | -14.7% |
| 1970 | 0.0273 current US$ per US$ of GDP | -6.6% |
| 1971 | 0.0333 current US$ per US$ of GDP | +22.0% |
| 1972 | 0.0281 current US$ per US$ of GDP | -15.7% |
| 1973 | 0.023 current US$ per US$ of GDP | -18.1% |
| 1974 | 0.029 current US$ per US$ of GDP | +25.7% |
| 1975 | 0.032 current US$ per US$ of GDP | +10.4% |
| 1976 | 0.0312 current US$ per US$ of GDP | -2.5% |
| 1977 | 0.0222 current US$ per US$ of GDP | -28.9% |
| 1978 | 0.023 current US$ per US$ of GDP | +3.7% |
| 1979 | 0.0202 current US$ per US$ of GDP | -12.1% |
| 1980 | 0.0313 current US$ per US$ of GDP | +54.9% |
| 1981 | 0.0259 current US$ per US$ of GDP | -17.2% |
| 1982 | 0.0268 current US$ per US$ of GDP | +3.4% |
| 1983 | 0.025 current US$ per US$ of GDP | -6.6% |
| 1984 | 0.0217 current US$ per US$ of GDP | -13.4% |
| 1985 | 0.0224 current US$ per US$ of GDP | +3.2% |
| 1986 | 0.0213 current US$ per US$ of GDP | -4.8% |
| 1987 | 0.0218 current US$ per US$ of GDP | +2.2% |
| 1988 | 0.021 current US$ per US$ of GDP | -3.5% |
| 1989 | 0.0286 current US$ per US$ of GDP | +36.2% |
| 1990 | 0.0376 current US$ per US$ of GDP | +31.4% |
| 1991 | 0.0273 current US$ per US$ of GDP | -27.6% |
| 1992 | 0.022 current US$ per US$ of GDP | -19.1% |
| 1993 | 0.0222 current US$ per US$ of GDP | +0.7% |
| 1994 | 0.0227 current US$ per US$ of GDP | +2.2% |
| 1995 | 0.0238 current US$ per US$ of GDP | +4.7% |
| 1996 | 0.0283 current US$ per US$ of GDP | +19.1% |
| 1997 | 0.0296 current US$ per US$ of GDP | +4.7% |
| 1998 | 0.0329 current US$ per US$ of GDP | +11.0% |
| 1999 | 0.0334 current US$ per US$ of GDP | +1.5% |
| 2000 | 0.0352 current US$ per US$ of GDP | +5.6% |
| 2001 | 0.0353 current US$ per US$ of GDP | +0.1% |
| 2002 | 0.0292 current US$ per US$ of GDP | -17.1% |
| 2003 | 0.0215 current US$ per US$ of GDP | -26.4% |
| 2004 | 0.0313 current US$ per US$ of GDP | +45.6% |
| 2005 | 0.0313 current US$ per US$ of GDP | -0.2% |
| 2006 | 0.0559 current US$ per US$ of GDP | +78.6% |
| 2007 | 0.0487 current US$ per US$ of GDP | -12.8% |
| 2008 | 0.0348 current US$ per US$ of GDP | -28.6% |
| 2009 | 0.029 current US$ per US$ of GDP | -16.5% |
| 2010 | 0.0315 current US$ per US$ of GDP | +8.7% |
| 2011 | 0.0405 current US$ per US$ of GDP | +28.6% |
| 2012 | 0.0398 current US$ per US$ of GDP | -1.9% |
| 2013 | 0.0384 current US$ per US$ of GDP | -3.5% |
| 2014 | 0.0387 current US$ per US$ of GDP | +0.9% |
| 2015 | 0.0434 current US$ per US$ of GDP | +12.2% |
| 2016 | 0.0382 current US$ per US$ of GDP | -12.0% |
| 2017 | 0.0253 current US$ per US$ of GDP | -33.8% |
| 2018 | 0.0344 current US$ per US$ of GDP | +36.1% |
| 2019 | 0.0319 current US$ per US$ of GDP | -7.2% |
| 2020 | 0.0222 current US$ per US$ of GDP | -30.4% |
| 2021 | 0.0307 current US$ per US$ of GDP | +38.3% |
| 2022 | 0.0296 current US$ per US$ of GDP | -3.5% |
| 2023 | 0.031 current US$ per US$ of GDP | +4.7% |
| 2024 | 0.0346 current US$ per US$ of GDP | +11.4% |
Iceland compared with similar countries
- Iceland's 0.0346 current US$ per US$ of GDP is above the median for high income countries, which is 0.0205 current US$ per US$ of GDP, 1.7× the median. (73 countries reporting)
- Iceland's 0.0346 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0127 current US$ per US$ of GDP, 2.7× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0429 current US$ per US$ of GDP | 0.0293 current US$ per US$ of GDP | 0.0572 current US$ per US$ of GDP | 10 |
| 1970s | 0.0269 current US$ per US$ of GDP | 0.0202 current US$ per US$ of GDP | 0.0333 current US$ per US$ of GDP | 10 |
| 1980s | 0.0246 current US$ per US$ of GDP | 0.021 current US$ per US$ of GDP | 0.0313 current US$ per US$ of GDP | 10 |
| 1990s | 0.028 current US$ per US$ of GDP | 0.022 current US$ per US$ of GDP | 0.0376 current US$ per US$ of GDP | 10 |
| 2000s | 0.0352 current US$ per US$ of GDP | 0.0215 current US$ per US$ of GDP | 0.0559 current US$ per US$ of GDP | 10 |
| 2010s | 0.0362 current US$ per US$ of GDP | 0.0253 current US$ per US$ of GDP | 0.0434 current US$ per US$ of GDP | 10 |
| 2020s | 0.0296 current US$ per US$ of GDP | 0.0222 current US$ per US$ of GDP | 0.0346 current US$ per US$ of GDP | 5 |
Countries ranked near Iceland
- 48 Fiji 0.0381 current US$ per US$ of GDP compare
- 49 Samoa 0.0373 current US$ per US$ of GDP compare
- 50 Vietnam 0.0352 current US$ per US$ of GDP compare
- 52 United States 0.0328 current US$ per US$ of GDP compare
- 53 Jordan 0.0324 current US$ per US$ of GDP compare
- 54 Paraguay 0.0322 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is imports by region of origin, per unit of gdp in Iceland?
- Imports by region of origin, per unit of gdp in Iceland was 0.0346 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports by region of origin, per unit of gdp recorded in Iceland?
- The highest recorded value was 0.0572 current US$ per US$ of GDP in 1964.
- What is the lowest imports by region of origin, per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.0202 current US$ per US$ of GDP in 1979.
- How does Iceland rank for imports by region of origin, per unit of gdp?
- Iceland ranks 51st out of 201 countries with data for 2024.
- Is imports by region of origin, per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 10.7%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Imports by region of origin, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports by region of origin divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports by region of origin ÷ GDP (current US$)
Computed from
- Imports by region of origin International Monetary Fund (2025) – with major processing by Our World in Data
- 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
Imports by region of origin divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.