International trade in services — Air transport; Freight in Iceland
Iceland: International trade in services — Air transport; Freight was 65.7 Euros, exchange rate converted in 2024. ▲ Rising
International trade in services — Air transport; Freight in Iceland, 2020–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
Iceland recorded 65.7 Euros, exchange rate converted for international trade in services — air transport; freight in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 49.7% on the previous year and up 49.0% over five years.
International trade in services — Air transport; Freight in Iceland, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2020 | 44.1 Euros, exchange rate converted | — |
| 2021 | 41.4 Euros, exchange rate converted | -6.1% |
| 2022 | 44.1 Euros, exchange rate converted | +6.5% |
| 2023 | 43.9 Euros, exchange rate converted | -0.5% |
| 2024 | 65.7 Euros, exchange rate converted | +49.7% |
Countries ranked near Iceland
- 2 Luxembourg 178 Euros, exchange rate converted compare
- 2 Poland 17.4 Euros, exchange rate converted compare
- 2 Croatia -0.8 Euros, exchange rate converted compare
- 3 Denmark 152.8 Euros, exchange rate converted compare
- 3 Slovenia 8.5 Euros, exchange rate converted compare
- 4 Lithuania -0.5 Euros, exchange rate converted compare
- 4 Sweden 94.1 Euros, exchange rate converted compare
- 5 Estonia -8 Euros, exchange rate converted compare
- 6 Czechia 56.7 Euros, exchange rate converted compare
- 6 Latvia -16 Euros, exchange rate converted compare
- 7 Romania 13.3 Euros, exchange rate converted compare
- 8 Belgium 9 Euros, exchange rate converted 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)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 11,161 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1.75 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is international trade in services — air transport; freight in Iceland?
- International trade in services — air transport; freight in Iceland was 65.7 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — air transport; freight recorded in Iceland?
- The highest recorded value was 65.7 Euros, exchange rate converted in 2024.
- What is the lowest international trade in services — air transport; freight recorded in Iceland?
- The lowest recorded value was 41.4 Euros, exchange rate converted in 2021.
- How does Iceland rank for international trade in services — air transport; freight?
- Iceland ranks 5th out of 18 countries with data for 2024.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services — Air transport; Freight. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd