Imports of goods and services (current US$), per unit of GDP in Iceland
Iceland: Imports of goods and services (current US$), per unit of GDP was 0.4237 current US$ per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.4237 current US$ per US$ of GDP
Change on year
down 3.1%
World rank
102nd
of 193 countries
All-time high
0.4825 current US$ per US$ of GDP
in 2012
All-time low
0.2828 current US$ per US$ of GDP
in 1993
Years of data
56
1970–2025
Imports of goods and services (current US$), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for imports of goods and services (current us$), per unit of gdp in Iceland is 0.4237 current US$ per US$ of GDP, measured in 2025.
That represents a change of down 3.1% on the previous year and down 2.7% over ten years.
Over the whole period, imports of goods and services (current us$), per unit of gdp in Iceland peaked at 0.4825 current US$ per US$ of GDP in 2012 and was at its lowest, 0.2828 current US$ per US$ of GDP, in 1993.
Iceland ranks 102nd of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Imports of goods and services (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.4131 current US$ per US$ of GDP | — |
| 1971 | 0.4189 current US$ per US$ of GDP | +1.4% |
| 1972 | 0.3514 current US$ per US$ of GDP | -16.1% |
| 1973 | 0.3591 current US$ per US$ of GDP | +2.2% |
| 1974 | 0.3926 current US$ per US$ of GDP | +9.3% |
| 1975 | 0.3976 current US$ per US$ of GDP | +1.3% |
| 1976 | 0.3262 current US$ per US$ of GDP | -18.0% |
| 1977 | 0.3218 current US$ per US$ of GDP | -1.4% |
| 1978 | 0.3204 current US$ per US$ of GDP | -0.4% |
| 1979 | 0.3512 current US$ per US$ of GDP | +9.6% |
| 1980 | 0.3388 current US$ per US$ of GDP | -3.5% |
| 1981 | 0.3446 current US$ per US$ of GDP | +1.7% |
| 1982 | 0.3523 current US$ per US$ of GDP | +2.2% |
| 1983 | 0.3584 current US$ per US$ of GDP | +1.7% |
| 1984 | 0.3634 current US$ per US$ of GDP | +1.4% |
| 1985 | 0.3827 current US$ per US$ of GDP | +5.3% |
| 1986 | 0.3317 current US$ per US$ of GDP | -13.3% |
| 1987 | 0.3373 current US$ per US$ of GDP | +1.7% |
| 1988 | 0.3118 current US$ per US$ of GDP | -7.5% |
| 1989 | 0.2987 current US$ per US$ of GDP | -4.2% |
| 1990 | 0.3088 current US$ per US$ of GDP | +3.4% |
| 1991 | 0.3107 current US$ per US$ of GDP | +0.6% |
| 1992 | 0.2901 current US$ per US$ of GDP | -6.6% |
| 1993 | 0.2828 current US$ per US$ of GDP | -2.5% |
| 1994 | 0.2924 current US$ per US$ of GDP | +3.4% |
| 1995 | 0.3048 current US$ per US$ of GDP | +4.2% |
| 1996 | 0.3411 current US$ per US$ of GDP | +11.9% |
| 1997 | 0.344 current US$ per US$ of GDP | +0.9% |
| 1998 | 0.3752 current US$ per US$ of GDP | +9.1% |
| 1999 | 0.3646 current US$ per US$ of GDP | -2.8% |
| 2000 | 0.3852 current US$ per US$ of GDP | +5.6% |
| 2001 | 0.3739 current US$ per US$ of GDP | -2.9% |
| 2002 | 0.3356 current US$ per US$ of GDP | -10.2% |
| 2003 | 0.3516 current US$ per US$ of GDP | +4.8% |
| 2004 | 0.3764 current US$ per US$ of GDP | +7.1% |
| 2005 | 0.4137 current US$ per US$ of GDP | +9.9% |
| 2006 | 0.4658 current US$ per US$ of GDP | +12.6% |
| 2007 | 0.4124 current US$ per US$ of GDP | -11.5% |
| 2008 | 0.4199 current US$ per US$ of GDP | +1.8% |
| 2009 | 0.405 current US$ per US$ of GDP | -3.5% |
| 2010 | 0.4134 current US$ per US$ of GDP | +2.1% |
| 2011 | 0.4618 current US$ per US$ of GDP | +11.7% |
| 2012 | 0.4825 current US$ per US$ of GDP | +4.5% |
| 2013 | 0.4487 current US$ per US$ of GDP | -7.0% |
| 2014 | 0.4437 current US$ per US$ of GDP | -1.1% |
| 2015 | 0.4355 current US$ per US$ of GDP | -1.8% |
| 2016 | 0.4027 current US$ per US$ of GDP | -7.5% |
| 2017 | 0.4069 current US$ per US$ of GDP | +1.0% |
| 2018 | 0.4246 current US$ per US$ of GDP | +4.4% |
| 2019 | 0.3908 current US$ per US$ of GDP | -8.0% |
| 2020 | 0.3452 current US$ per US$ of GDP | -11.7% |
| 2021 | 0.3887 current US$ per US$ of GDP | +12.6% |
| 2022 | 0.4629 current US$ per US$ of GDP | +19.1% |
| 2023 | 0.4326 current US$ per US$ of GDP | -6.5% |
| 2024 | 0.4372 current US$ per US$ of GDP | +1.1% |
| 2025 | 0.4237 current US$ per US$ of GDP | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3652 current US$ per US$ of GDP | 0.3204 current US$ per US$ of GDP | 0.4189 current US$ per US$ of GDP | 10 |
| 1980s | 0.342 current US$ per US$ of GDP | 0.2987 current US$ per US$ of GDP | 0.3827 current US$ per US$ of GDP | 10 |
| 1990s | 0.3215 current US$ per US$ of GDP | 0.2828 current US$ per US$ of GDP | 0.3752 current US$ per US$ of GDP | 10 |
| 2000s | 0.394 current US$ per US$ of GDP | 0.3356 current US$ per US$ of GDP | 0.4658 current US$ per US$ of GDP | 10 |
| 2010s | 0.4311 current US$ per US$ of GDP | 0.3908 current US$ per US$ of GDP | 0.4825 current US$ per US$ of GDP | 10 |
| 2020s | 0.4151 current US$ per US$ of GDP | 0.3452 current US$ per US$ of GDP | 0.4629 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 99 Samoa 0.4301 current US$ per US$ of GDP compare
- 100 Portugal 0.4274 current US$ per US$ of GDP compare
- 101 Albania 0.4252 current US$ per US$ of GDP compare
- 103 Lao People's Democratic Republic 0.4188 current US$ per US$ of GDP compare
- 104 Bahamas 0.4146 current US$ per US$ of GDP compare
- 105 Finland 0.4107 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (current us$), per unit of gdp in Iceland?
- Imports of goods and services (current us$), per unit of gdp in Iceland was 0.4237 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.4825 current US$ per US$ of GDP in 2012.
- What is the lowest imports of goods and services (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.2828 current US$ per US$ of GDP in 1993.
- How does Iceland rank for imports of goods and services (current us$), per unit of gdp?
- Iceland ranks 102nd out of 193 countries with data for 2025.
- Is imports of goods and services (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 2.7%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.