Imports of goods and services (BoP, current US$), per unit of GDP in Iceland
Iceland: Imports of goods and services (BoP, current US$), per unit of GDP was 0.4247 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.4247 BoP, current US$ per US$ of GDP
Change on year
down 2.9%
World rank
107th
of 199 countries
All-time high
0.4824 BoP, current US$ per US$ of GDP
in 2012
All-time low
0.2811 BoP, current US$ per US$ of GDP
in 1993
Years of data
50
1976–2025
Imports of goods and services (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 imports of goods and services (bop, current us$), per unit of gdp in Iceland is 0.4247 BoP, current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 2.9% on the previous year and down 2.5% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Iceland peaked at 0.4824 BoP, current US$ per US$ of GDP in 2012 and was at its lowest, 0.2811 BoP, current US$ per US$ of GDP, in 1993.
Iceland ranks 107th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.3155 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.3126 BoP, current US$ per US$ of GDP | -0.9% |
| 1978 | 0.3118 BoP, current US$ per US$ of GDP | -0.3% |
| 1979 | 0.3412 BoP, current US$ per US$ of GDP | +9.4% |
| 1980 | 0.3322 BoP, current US$ per US$ of GDP | -2.6% |
| 1981 | 0.334 BoP, current US$ per US$ of GDP | +0.5% |
| 1982 | 0.3453 BoP, current US$ per US$ of GDP | +3.4% |
| 1983 | 0.3501 BoP, current US$ per US$ of GDP | +1.4% |
| 1984 | 0.3601 BoP, current US$ per US$ of GDP | +2.8% |
| 1985 | 0.3812 BoP, current US$ per US$ of GDP | +5.9% |
| 1986 | 0.3327 BoP, current US$ per US$ of GDP | -12.7% |
| 1987 | 0.3392 BoP, current US$ per US$ of GDP | +2.0% |
| 1988 | 0.3125 BoP, current US$ per US$ of GDP | -7.9% |
| 1989 | 0.3001 BoP, current US$ per US$ of GDP | -4.0% |
| 1990 | 0.3085 BoP, current US$ per US$ of GDP | +2.8% |
| 1991 | 0.3083 BoP, current US$ per US$ of GDP | -0.1% |
| 1992 | 0.2888 BoP, current US$ per US$ of GDP | -6.3% |
| 1993 | 0.2811 BoP, current US$ per US$ of GDP | -2.7% |
| 1994 | 0.2821 BoP, current US$ per US$ of GDP | +0.3% |
| 1995 | 0.3051 BoP, current US$ per US$ of GDP | +8.2% |
| 1996 | 0.3409 BoP, current US$ per US$ of GDP | +11.7% |
| 1997 | 0.3437 BoP, current US$ per US$ of GDP | +0.8% |
| 1998 | 0.3754 BoP, current US$ per US$ of GDP | +9.2% |
| 1999 | 0.3642 BoP, current US$ per US$ of GDP | -3.0% |
| 2000 | 0.3847 BoP, current US$ per US$ of GDP | +5.6% |
| 2001 | 0.3757 BoP, current US$ per US$ of GDP | -2.3% |
| 2002 | 0.3374 BoP, current US$ per US$ of GDP | -10.2% |
| 2003 | 0.3519 BoP, current US$ per US$ of GDP | +4.3% |
| 2004 | 0.3768 BoP, current US$ per US$ of GDP | +7.1% |
| 2005 | 0.4133 BoP, current US$ per US$ of GDP | +9.7% |
| 2006 | 0.4652 BoP, current US$ per US$ of GDP | +12.6% |
| 2007 | 0.4142 BoP, current US$ per US$ of GDP | -11.0% |
| 2008 | 0.4422 BoP, current US$ per US$ of GDP | +6.8% |
| 2009 | 0.4042 BoP, current US$ per US$ of GDP | -8.6% |
| 2010 | 0.415 BoP, current US$ per US$ of GDP | +2.7% |
| 2011 | 0.4617 BoP, current US$ per US$ of GDP | +11.3% |
| 2012 | 0.4824 BoP, current US$ per US$ of GDP | +4.5% |
| 2013 | 0.4494 BoP, current US$ per US$ of GDP | -6.8% |
| 2014 | 0.4439 BoP, current US$ per US$ of GDP | -1.2% |
| 2015 | 0.4357 BoP, current US$ per US$ of GDP | -1.8% |
| 2016 | 0.4035 BoP, current US$ per US$ of GDP | -7.4% |
| 2017 | 0.4081 BoP, current US$ per US$ of GDP | +1.2% |
| 2018 | 0.4248 BoP, current US$ per US$ of GDP | +4.1% |
| 2019 | 0.3906 BoP, current US$ per US$ of GDP | -8.1% |
| 2020 | 0.3461 BoP, current US$ per US$ of GDP | -11.4% |
| 2021 | 0.3884 BoP, current US$ per US$ of GDP | +12.2% |
| 2022 | 0.4617 BoP, current US$ per US$ of GDP | +18.9% |
| 2023 | 0.4331 BoP, current US$ per US$ of GDP | -6.2% |
| 2024 | 0.4372 BoP, current US$ per US$ of GDP | +0.9% |
| 2025 | 0.4247 BoP, current US$ per US$ of GDP | -2.9% |
Iceland compared with similar countries
- Iceland's 0.4247 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.4933 BoP, current US$ per US$ of GDP, 86% of the median. (72 countries reporting)
- Iceland's 0.4247 BoP, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.5426 BoP, current US$ per US$ of GDP, 78% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3203 BoP, current US$ per US$ of GDP | 0.3118 BoP, current US$ per US$ of GDP | 0.3412 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.3388 BoP, current US$ per US$ of GDP | 0.3001 BoP, current US$ per US$ of GDP | 0.3812 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.3198 BoP, current US$ per US$ of GDP | 0.2811 BoP, current US$ per US$ of GDP | 0.3754 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.3966 BoP, current US$ per US$ of GDP | 0.3374 BoP, current US$ per US$ of GDP | 0.4652 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.4315 BoP, current US$ per US$ of GDP | 0.3906 BoP, current US$ per US$ of GDP | 0.4824 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4152 BoP, current US$ per US$ of GDP | 0.3461 BoP, current US$ per US$ of GDP | 0.4617 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 104 Albania 0.4278 BoP, current US$ per US$ of GDP compare
- 105 Kuwait 0.4269 BoP, current US$ per US$ of GDP compare
- 106 Samoa 0.4252 BoP, current US$ per US$ of GDP compare
- 108 Botswana 0.4227 BoP, current US$ per US$ of GDP compare
- 109 Sierra Leone 0.4178 BoP, current US$ per US$ of GDP compare
- 110 Democratic Republic of Congo 0.4172 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Iceland?
- Imports of goods and services (bop, current us$), per unit of gdp in Iceland was 0.4247 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.4824 BoP, current US$ per US$ of GDP in 2012.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.2811 BoP, current US$ per US$ of GDP in 1993.
- How does Iceland rank for imports of goods and services (bop, current us$), per unit of gdp?
- Iceland ranks 107th out of 199 countries with data for 2025.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 2.5%. 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 Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.