Imports of goods and services (current US$), annual growth rate in Iceland
Iceland: Imports of goods and services (current US$), annual growth rate was 12.67 % change on previous year in 2025. ◆ Volatile
Latest (2025)
12.67 % change on previous year
Change on year
up 118.6%
World rank
45th
of 192 countries
All-time high
43.5 % change on previous year
in 1974
All-time low
-30.16 % change on previous year
in 2009
Years of data
55
1971–2025
Imports of goods and services (current US$), annual growth rate in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for imports of goods and services (current us$), annual growth rate in Iceland is 12.67 % change on previous year, measured in 2025.
The figure is up 118.6% on the previous year and up 436.9% over ten years.
Over the whole period, imports of goods and services (current us$), annual growth rate in Iceland peaked at 43.5 % change on previous year in 1974 and was at its lowest, -30.16 % change on previous year, in 2009.
Iceland ranks 45th of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (current US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 29.03 % change on previous year | — |
| 1972 | 5.11 % change on previous year | -82.4% |
| 1973 | 40.47 % change on previous year | +692.7% |
| 1974 | 43.5 % change on previous year | +7.5% |
| 1975 | -5.95 % change on previous year | -113.7% |
| 1976 | -2.66 % change on previous year | -55.4% |
| 1977 | 30.49 % change on previous year | -1247.6% |
| 1978 | 13.26 % change on previous year | -56.5% |
| 1979 | 24.52 % change on previous year | +84.9% |
| 1980 | 14.32 % change on previous year | -41.6% |
| 1981 | 5.06 % change on previous year | -64.7% |
| 1982 | -6.14 % change on previous year | -221.4% |
| 1983 | -12.27 % change on previous year | +99.8% |
| 1984 | 5.01 % change on previous year | -140.8% |
| 1985 | 9.72 % change on previous year | +94.0% |
| 1986 | 15.88 % change on previous year | +63.3% |
| 1987 | 40.7 % change on previous year | +156.4% |
| 1988 | 2.27 % change on previous year | -94.4% |
| 1989 | -11.02 % change on previous year | -584.6% |
| 1990 | 17.91 % change on previous year | -262.5% |
| 1991 | 7.47 % change on previous year | -58.3% |
| 1992 | -4.31 % change on previous year | -157.7% |
| 1993 | -14.4 % change on previous year | +233.7% |
| 1994 | 6.23 % change on previous year | -143.3% |
| 1995 | 16.22 % change on previous year | +160.2% |
| 1996 | 16.66 % change on previous year | +2.7% |
| 1997 | 1.26 % change on previous year | -92.5% |
| 1998 | 22.09 % change on previous year | +1658.6% |
| 1999 | 2.46 % change on previous year | -88.9% |
| 2000 | 6.02 % change on previous year | +144.6% |
| 2001 | -11.6 % change on previous year | -292.8% |
| 2002 | 1.55 % change on previous year | -113.4% |
| 2003 | 28.66 % change on previous year | +1749.3% |
| 2004 | 29.28 % change on previous year | +2.2% |
| 2005 | 34.95 % change on previous year | +19.4% |
| 2006 | 16.04 % change on previous year | -54.1% |
| 2007 | 10.03 % change on previous year | -37.4% |
| 2008 | -15.41 % change on previous year | -253.6% |
| 2009 | -30.16 % change on previous year | +95.7% |
| 2010 | 7.57 % change on previous year | -125.1% |
| 2011 | 23.5 % change on previous year | +210.3% |
| 2012 | 1.43 % change on previous year | -93.9% |
| 2013 | 1.1 % change on previous year | -23.2% |
| 2014 | 9.89 % change on previous year | +799.4% |
| 2015 | -3.76 % change on previous year | -138.0% |
| 2016 | 10.14 % change on previous year | -369.5% |
| 2017 | 20.09 % change on previous year | +98.2% |
| 2018 | 11.1 % change on previous year | -44.7% |
| 2019 | -13.81 % change on previous year | -224.4% |
| 2020 | -22.11 % change on previous year | +60.1% |
| 2021 | 34.07 % change on previous year | -254.1% |
| 2022 | 32.46 % change on previous year | -4.7% |
| 2023 | 1.55 % change on previous year | -95.2% |
| 2024 | 5.8 % change on previous year | +273.5% |
| 2025 | 12.67 % change on previous year | +118.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.75 % change on previous year | -5.95 % change on previous year | 43.5 % change on previous year | 9 |
| 1980s | 6.35 % change on previous year | -12.27 % change on previous year | 40.7 % change on previous year | 10 |
| 1990s | 7.16 % change on previous year | -14.4 % change on previous year | 22.09 % change on previous year | 10 |
| 2000s | 6.93 % change on previous year | -30.16 % change on previous year | 34.95 % change on previous year | 10 |
| 2010s | 6.73 % change on previous year | -13.81 % change on previous year | 23.5 % change on previous year | 10 |
| 2020s | 10.74 % change on previous year | -22.11 % change on previous year | 34.07 % change on previous year | 6 |
Countries ranked near Iceland
- 43 Yemen 14.45 % change on previous year compare
- 44 Kiribati 14.12 % change on previous year compare
- 46 United Arab Emirates 12.58 % change on previous year compare
- 47 Côte d'Ivoire 12.43 % change on previous year compare
- 48 Lithuania 12.4 % 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)
- Final consumption expenditure (constant 2015 US$), per capita 45,300 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.4 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 100,546 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.3 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 131.34 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 12.91 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.92 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (current us$), annual growth rate in Iceland?
- Imports of goods and services (current us$), annual growth rate in Iceland was 12.67 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (current us$), annual growth rate recorded in Iceland?
- The highest recorded value was 43.5 % change on previous year in 1974.
- What is the lowest imports of goods and services (current us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -30.16 % change on previous year in 2009.
- How does Iceland rank for imports of goods and services (current us$), annual growth rate?
- Iceland ranks 45th out of 192 countries with data for 2025.
- Is imports of goods and services (current us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 436.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (current US$), 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Imports of goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.