International trade in services — Maintenance and repair services in Iceland
Iceland: International trade in services — Maintenance and repair services was -20.8 Euros, exchange rate converted in 2024. ▲ Rising
International trade in services — Maintenance and repair services in Iceland, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
The most recent figure for international trade in services — maintenance and repair services in Iceland is -20.8 Euros, exchange rate converted, measured in 2024.
That represents a change of down 12.4% on the previous year and up 47.7% over ten years.
Over the whole period, international trade in services — maintenance and repair services in Iceland peaked at -10 Euros, exchange rate converted in 2021 and was at its lowest, -46.6 Euros, exchange rate converted, in 2016.
Iceland ranks 18th of 21 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 10 years of available data.
International trade in services — Maintenance and repair services in Iceland, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2013 | -44 Euros, exchange rate converted | — |
| 2014 | -39.8 Euros, exchange rate converted | -9.5% |
| 2015 | -44.7 Euros, exchange rate converted | +12.3% |
| 2016 | -46.6 Euros, exchange rate converted | +4.3% |
| 2017 | -42.1 Euros, exchange rate converted | -9.7% |
| 2020 | -18.9 Euros, exchange rate converted | -55.1% |
| 2021 | -10 Euros, exchange rate converted | -47.1% |
| 2022 | -39.3 Euros, exchange rate converted | +293.0% |
| 2023 | -18.5 Euros, exchange rate converted | -52.9% |
| 2024 | -20.8 Euros, exchange rate converted | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -43.44 Euros, exchange rate converted | -46.6 Euros, exchange rate converted | -39.8 Euros, exchange rate converted | 5 |
| 2020s | -21.5 Euros, exchange rate converted | -39.3 Euros, exchange rate converted | -10 Euros, exchange rate converted | 5 |
Countries ranked near Iceland
- 15 Greece -13.4 Euros, exchange rate converted compare
- 16 Luxembourg -14 Euros, exchange rate converted compare
- 17 Czechia -15.8 Euros, exchange rate converted compare
- 19 Romania -21.3 Euros, exchange rate converted compare
- 20 Sweden -802.4 Euros, exchange rate converted compare
- 21 Japan -5,042 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)
- Gross capital formation (current US$), annual growth rate 17.72 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2657 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 26,128 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 9.6 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 34.13 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 3.36 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 5.88 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1585 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is international trade in services — maintenance and repair services in Iceland?
- International trade in services — maintenance and repair services in Iceland was -20.8 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — maintenance and repair services recorded in Iceland?
- The highest recorded value was -10 Euros, exchange rate converted in 2021.
- What is the lowest international trade in services — maintenance and repair services recorded in Iceland?
- The lowest recorded value was -46.6 Euros, exchange rate converted in 2016.
- How does Iceland rank for international trade in services — maintenance and repair services?
- Iceland ranks 18th out of 21 countries with data for 2024.
- Is international trade in services — maintenance and repair services rising or falling in Iceland?
- Over the last ten years it is up 47.7%. The long-run trend across the full record is rising.
- 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 — Maintenance and repair services n.i.e.. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under OECD Terms and Conditions (attribution required).
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