Imports of goods and services (current LCU), annual growth rate in Iceland
Iceland: Imports of goods and services (current LCU), annual growth rate was 4.9 % change on previous year in 2025. ◆ Volatile
Imports of goods and services (current LCU), annual growth rate in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 4.9 % change on previous year for imports of goods and services (current lcu), annual growth rate in 2025.
Compared with earlier readings it is down 15.7% on the previous year and down 43.9% over ten years.
Over the whole period, imports of goods and services (current lcu), annual growth rate in Iceland peaked at 76.45 % change on previous year in 1983 and was at its lowest, -13.96 % change on previous year, in 2020.
That places Iceland 117th out of 192 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.
Imports of goods and services (current LCU), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 29.03 % change on previous year | — |
| 1972 | 5.42 % change on previous year | -81.3% |
| 1973 | 43.45 % change on previous year | +702.2% |
| 1974 | 59.14 % change on previous year | +36.1% |
| 1975 | 44.62 % change on previous year | -24.5% |
| 1976 | 15.37 % change on previous year | -65.5% |
| 1977 | 42.45 % change on previous year | +176.1% |
| 1978 | 54.41 % change on previous year | +28.2% |
| 1979 | 61.95 % change on previous year | +13.9% |
| 1980 | 55.55 % change on previous year | -10.3% |
| 1981 | 58.2 % change on previous year | +4.8% |
| 1982 | 60.47 % change on previous year | +3.9% |
| 1983 | 76.45 % change on previous year | +26.4% |
| 1984 | 33.97 % change on previous year | -55.6% |
| 1985 | 43.7 % change on previous year | +28.6% |
| 1986 | 14.75 % change on previous year | -66.2% |
| 1987 | 32.4 % change on previous year | +119.6% |
| 1988 | 13.74 % change on previous year | -57.6% |
| 1989 | 18 % change on previous year | +31.0% |
| 1990 | 20.48 % change on previous year | +13.8% |
| 1991 | 8.79 % change on previous year | -57.1% |
| 1992 | -6.67 % change on previous year | -175.9% |
| 1993 | 0.5639 % change on previous year | -108.5% |
| 1994 | 9.91 % change on previous year | +1658.2% |
| 1995 | 7.49 % change on previous year | -24.4% |
| 1996 | 19.92 % change on previous year | +165.8% |
| 1997 | 7.96 % change on previous year | -60.0% |
| 1998 | 22.18 % change on previous year | +178.6% |
| 1999 | 4.45 % change on previous year | -79.9% |
| 2000 | 15.22 % change on previous year | +242.2% |
| 2001 | 9.54 % change on previous year | -37.3% |
| 2002 | -4.46 % change on previous year | -146.7% |
| 2003 | 7.67 % change on previous year | -272.1% |
| 2004 | 18.29 % change on previous year | +138.5% |
| 2005 | 21.09 % change on previous year | +15.3% |
| 2006 | 29.3 % change on previous year | +38.9% |
| 2007 | 0.4303 % change on previous year | -98.5% |
| 2008 | 16.14 % change on previous year | +3650.2% |
| 2009 | -1.82 % change on previous year | -111.3% |
| 2010 | 6.36 % change on previous year | -449.2% |
| 2011 | 17.15 % change on previous year | +169.7% |
| 2012 | 9.42 % change on previous year | -45.1% |
| 2013 | -1.25 % change on previous year | -113.2% |
| 2014 | 5.02 % change on previous year | -502.9% |
| 2015 | 8.73 % change on previous year | +73.7% |
| 2016 | 0.8623 % change on previous year | -90.1% |
| 2017 | 6.2 % change on previous year | +619.0% |
| 2018 | 12.62 % change on previous year | +103.5% |
| 2019 | -2.42 % change on previous year | -119.2% |
| 2020 | -13.96 % change on previous year | +476.9% |
| 2021 | 25.72 % change on previous year | -284.2% |
| 2022 | 41.1 % change on previous year | +59.8% |
| 2023 | 3.55 % change on previous year | -91.4% |
| 2024 | 5.81 % change on previous year | +63.5% |
| 2025 | 4.9 % change on previous year | -15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.54 % change on previous year | 5.42 % change on previous year | 61.95 % change on previous year | 9 |
| 1980s | 40.72 % change on previous year | 13.74 % change on previous year | 76.45 % change on previous year | 10 |
| 1990s | 9.51 % change on previous year | -6.67 % change on previous year | 22.18 % change on previous year | 10 |
| 2000s | 11.14 % change on previous year | -4.46 % change on previous year | 29.3 % change on previous year | 10 |
| 2010s | 6.27 % change on previous year | -2.42 % change on previous year | 17.15 % change on previous year | 10 |
| 2020s | 11.19 % change on previous year | -13.96 % change on previous year | 41.1 % change on previous year | 6 |
Countries ranked near Iceland
- 114 Tunisia 4.98 % change on previous year compare
- 115 Korea 4.98 % change on previous year compare
- 116 Mali 4.91 % change on previous year compare
- 118 Croatia 4.76 % change on previous year compare
- 119 Puerto Rico 4.64 % change on previous year compare
- 120 Peru 4.51 % change on previous year 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)
- Total reserves minus gold (current US$), annual growth rate 19.51 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1932 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 18,994 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.88 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 25,628 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.82 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 33.48 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services (current lcu), annual growth rate in Iceland?
- Imports of goods and services (current lcu), annual growth rate in Iceland was 4.9 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), annual growth rate recorded in Iceland?
- The highest recorded value was 76.45 % change on previous year in 1983.
- What is the lowest imports of goods and services (current lcu), annual growth rate recorded in Iceland?
- The lowest recorded value was -13.96 % change on previous year in 2020.
- How does Iceland rank for imports of goods and services (current lcu), annual growth rate?
- Iceland ranks 117th out of 192 countries with data for 2025.
- Is imports of goods and services (current lcu), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 43.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Imports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Imports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.