Imports of goods, services and primary income (BoP, current US$), per in Iceland
Iceland: Imports of goods, services and primary income (BoP, current US$), per was 0.4519 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.4519 BoP, current US$ per US$ of GDP
Change on year
down 5.8%
World rank
117th
of 199 countries
All-time high
0.737 BoP, current US$ per US$ of GDP
in 2008
All-time low
0.3177 BoP, current US$ per US$ of GDP
in 1993
Years of data
50
1976–2025
Imports of goods, services and primary income (BoP, current US$), per in Iceland, 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2025, imports of goods, services and primary income (bop, current us$), per in Iceland stood at 0.4519 BoP, current US$ per US$ of GDP.
The figure is down 5.8% on the previous year and down 8.2% over ten years.
Over the whole period, imports of goods, services and primary income (bop, current us$), per in Iceland peaked at 0.737 BoP, current US$ per US$ of GDP in 2008 and was at its lowest, 0.3177 BoP, current US$ per US$ of GDP, in 1993.
Iceland ranks 117th 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, services and primary income (BoP, current US$), per in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.3477 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.3403 BoP, current US$ per US$ of GDP | -2.1% |
| 1978 | 0.3417 BoP, current US$ per US$ of GDP | +0.4% |
| 1979 | 0.3734 BoP, current US$ per US$ of GDP | +9.3% |
| 1980 | 0.3682 BoP, current US$ per US$ of GDP | -1.4% |
| 1981 | 0.3779 BoP, current US$ per US$ of GDP | +2.7% |
| 1982 | 0.3955 BoP, current US$ per US$ of GDP | +4.6% |
| 1983 | 0.4034 BoP, current US$ per US$ of GDP | +2.0% |
| 1984 | 0.4176 BoP, current US$ per US$ of GDP | +3.5% |
| 1985 | 0.4338 BoP, current US$ per US$ of GDP | +3.9% |
| 1986 | 0.377 BoP, current US$ per US$ of GDP | -13.1% |
| 1987 | 0.3739 BoP, current US$ per US$ of GDP | -0.8% |
| 1988 | 0.3487 BoP, current US$ per US$ of GDP | -6.7% |
| 1989 | 0.3461 BoP, current US$ per US$ of GDP | -0.7% |
| 1990 | 0.3528 BoP, current US$ per US$ of GDP | +1.9% |
| 1991 | 0.3453 BoP, current US$ per US$ of GDP | -2.1% |
| 1992 | 0.3237 BoP, current US$ per US$ of GDP | -6.3% |
| 1993 | 0.3177 BoP, current US$ per US$ of GDP | -1.8% |
| 1994 | 0.3217 BoP, current US$ per US$ of GDP | +1.3% |
| 1995 | 0.3436 BoP, current US$ per US$ of GDP | +6.8% |
| 1996 | 0.3769 BoP, current US$ per US$ of GDP | +9.7% |
| 1997 | 0.3795 BoP, current US$ per US$ of GDP | +0.7% |
| 1998 | 0.4107 BoP, current US$ per US$ of GDP | +8.2% |
| 1999 | 0.398 BoP, current US$ per US$ of GDP | -3.1% |
| 2000 | 0.4275 BoP, current US$ per US$ of GDP | +7.4% |
| 2001 | 0.4275 BoP, current US$ per US$ of GDP | +0.0% |
| 2002 | 0.3714 BoP, current US$ per US$ of GDP | -13.1% |
| 2003 | 0.4004 BoP, current US$ per US$ of GDP | +7.8% |
| 2004 | 0.4525 BoP, current US$ per US$ of GDP | +13.0% |
| 2005 | 0.5411 BoP, current US$ per US$ of GDP | +19.6% |
| 2006 | 0.679 BoP, current US$ per US$ of GDP | +25.5% |
| 2007 | 0.6774 BoP, current US$ per US$ of GDP | -0.2% |
| 2008 | 0.737 BoP, current US$ per US$ of GDP | +8.8% |
| 2009 | 0.6336 BoP, current US$ per US$ of GDP | -14.0% |
| 2010 | 0.6092 BoP, current US$ per US$ of GDP | -3.9% |
| 2011 | 0.668 BoP, current US$ per US$ of GDP | +9.6% |
| 2012 | 0.6299 BoP, current US$ per US$ of GDP | -5.7% |
| 2013 | 0.5261 BoP, current US$ per US$ of GDP | -16.5% |
| 2014 | 0.5103 BoP, current US$ per US$ of GDP | -3.0% |
| 2015 | 0.4923 BoP, current US$ per US$ of GDP | -3.5% |
| 2016 | 0.4409 BoP, current US$ per US$ of GDP | -10.4% |
| 2017 | 0.4423 BoP, current US$ per US$ of GDP | +0.3% |
| 2018 | 0.4491 BoP, current US$ per US$ of GDP | +1.5% |
| 2019 | 0.4006 BoP, current US$ per US$ of GDP | -10.8% |
| 2020 | 0.3487 BoP, current US$ per US$ of GDP | -13.0% |
| 2021 | 0.4184 BoP, current US$ per US$ of GDP | +20.0% |
| 2022 | 0.4994 BoP, current US$ per US$ of GDP | +19.3% |
| 2023 | 0.4805 BoP, current US$ per US$ of GDP | -3.8% |
| 2024 | 0.4798 BoP, current US$ per US$ of GDP | -0.1% |
| 2025 | 0.4519 BoP, current US$ per US$ of GDP | -5.8% |
Iceland compared with similar countries
- Iceland's 0.4519 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.5691 BoP, current US$ per US$ of GDP, 79% of the median. (72 countries reporting)
- Iceland's 0.4519 BoP, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.6148 BoP, current US$ per US$ of GDP, 74% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3508 BoP, current US$ per US$ of GDP | 0.3403 BoP, current US$ per US$ of GDP | 0.3734 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.3842 BoP, current US$ per US$ of GDP | 0.3461 BoP, current US$ per US$ of GDP | 0.4338 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.357 BoP, current US$ per US$ of GDP | 0.3177 BoP, current US$ per US$ of GDP | 0.4107 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.5347 BoP, current US$ per US$ of GDP | 0.3714 BoP, current US$ per US$ of GDP | 0.737 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.5169 BoP, current US$ per US$ of GDP | 0.4006 BoP, current US$ per US$ of GDP | 0.668 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4464 BoP, current US$ per US$ of GDP | 0.3487 BoP, current US$ per US$ of GDP | 0.4994 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 114 Trinidad and Tobago 0.4536 BoP, current US$ per US$ of GDP compare
- 115 Turks and Caicos Islands 0.4522 BoP, current US$ per US$ of GDP compare
- 116 Botswana 0.452 BoP, current US$ per US$ of GDP compare
- 118 Samoa 0.4508 BoP, current US$ per US$ of GDP compare
- 119 Mexico 0.4478 BoP, current US$ per US$ of GDP compare
- 120 Norway 0.4428 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is imports of goods, services and primary income (bop, current us$), per in Iceland?
- Imports of goods, services and primary income (bop, current us$), per in Iceland was 0.4519 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest imports of goods, services and primary income (bop, current us$), per recorded in Iceland?
- The highest recorded value was 0.737 BoP, current US$ per US$ of GDP in 2008.
- What is the lowest imports of goods, services and primary income (bop, current us$), per recorded in Iceland?
- The lowest recorded value was 0.3177 BoP, current US$ per US$ of GDP in 1993.
- How does Iceland rank for imports of goods, services and primary income (bop, current us$), per?
- Iceland ranks 117th out of 199 countries with data for 2025.
- Is imports of goods, services and primary income (bop, current us$), per rising or falling in Iceland?
- Over the last ten years it is down 8.2%. 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, services and primary income (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Imports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods, services and primary income (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.