International trade in services — Other modes of transport; Freight in Iceland
Iceland: International trade in services — Other modes of transport; Freight was -8.6 Euros, exchange rate converted in 2024. ▼ Falling
International trade in services — Other modes of transport; Freight in Iceland, 2020–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
The most recent figure for international trade in services — other modes of transport; freight in Iceland is -8.6 Euros, exchange rate converted, measured in 2024. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 13.2% on the previous year and down 72.0% over five years.
International trade in services — Other modes of transport; Freight in Iceland, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2020 | -5 Euros, exchange rate converted | — |
| 2021 | -6.8 Euros, exchange rate converted | +36.0% |
| 2022 | -8.2 Euros, exchange rate converted | +20.6% |
| 2023 | -7.6 Euros, exchange rate converted | -7.3% |
| 2024 | -8.6 Euros, exchange rate converted | +13.2% |
Countries ranked near Iceland
- 7 Greece 1.5 Euros, exchange rate converted compare
- 8 Italy -0.1 Euros, exchange rate converted compare
- 9 Hungary -1 Euros, exchange rate converted compare
- 11 Denmark -12.1 Euros, exchange rate converted compare
- 12 Finland -33 Euros, exchange rate converted compare
- 13 Luxembourg -39 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)
- 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 international trade in services — other modes of transport; freight in Iceland?
- International trade in services — other modes of transport; freight in Iceland was -8.6 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — other modes of transport; freight recorded in Iceland?
- The highest recorded value was -5 Euros, exchange rate converted in 2020.
- What is the lowest international trade in services — other modes of transport; freight recorded in Iceland?
- The lowest recorded value was -8.6 Euros, exchange rate converted in 2024.
- How does Iceland rank for international trade in services — other modes of transport; freight?
- Iceland ranks 10th 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 — Other modes of 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