International trade in services — Other modes of transport in Iceland
Iceland: International trade in services — Other modes of transport was -13.7 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services — Other modes of transport in Iceland, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
Iceland recorded -13.7 Euros, exchange rate converted for international trade in services — other modes of transport in 2024. That is the lowest value across all 12 years on record.
The figure is down 73.4% on the previous year and down 3,325.0% over ten years.
Over the whole period, international trade in services — other modes of transport in Iceland peaked at -0.4 Euros, exchange rate converted in 2014 and was at its lowest, -13.7 Euros, exchange rate converted, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
International trade in services — Other modes of transport in Iceland, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2013 | -1.6 Euros, exchange rate converted | — |
| 2014 | -0.4 Euros, exchange rate converted | -75.0% |
| 2015 | -1.7 Euros, exchange rate converted | +325.0% |
| 2016 | -2.5 Euros, exchange rate converted | +47.1% |
| 2017 | -4.2 Euros, exchange rate converted | +68.0% |
| 2018 | -7.1 Euros, exchange rate converted | +69.0% |
| 2019 | -4.4 Euros, exchange rate converted | -38.0% |
| 2020 | -5 Euros, exchange rate converted | +13.6% |
| 2021 | -6.2 Euros, exchange rate converted | +24.0% |
| 2022 | -8.5 Euros, exchange rate converted | +37.1% |
| 2023 | -7.9 Euros, exchange rate converted | -7.1% |
| 2024 | -13.7 Euros, exchange rate converted | +73.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -3.13 Euros, exchange rate converted | -7.1 Euros, exchange rate converted | -0.4 Euros, exchange rate converted | 7 |
| 2020s | -8.26 Euros, exchange rate converted | -13.7 Euros, exchange rate converted | -5 Euros, exchange rate converted | 5 |
Countries ranked near Iceland
- 6 Netherlands -1,554 Euros, exchange rate converted compare
- 6 Bulgaria 7.9 Euros, exchange rate converted compare
- 7 Portugal 5 Euros, exchange rate converted compare
- 8 Denmark -3.6 Euros, exchange rate converted compare
- 10 Spain -57 Euros, exchange rate converted compare
- 11 Finland -79 Euros, exchange rate converted compare
- 12 Greece -148.3 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)
- Exports of goods and services (current LCU), annual growth rate 2.27 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 51.52 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 5.07 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.9908 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.274 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 26,937 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 15.75 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2666 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is international trade in services — other modes of transport in Iceland?
- International trade in services — other modes of transport in Iceland was -13.7 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 recorded in Iceland?
- The highest recorded value was -0.4 Euros, exchange rate converted in 2014.
- What is the lowest international trade in services — other modes of transport recorded in Iceland?
- The lowest recorded value was -13.7 Euros, exchange rate converted in 2024.
- How does Iceland rank for international trade in services — other modes of transport?
- Iceland ranks 9th out of 19 countries with data for 2024.
- Is international trade in services — other modes of transport rising or falling in Iceland?
- Over the last ten years it is down 3,325.0%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 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