International trade in services — Transport in Iceland
Iceland: International trade in services — Transport was 855.1 Euros, exchange rate converted in 2024. ▲ Rising
International trade in services — Transport in Iceland, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
Iceland recorded 855.1 Euros, exchange rate converted for international trade in services — transport in 2024. That is the highest value across all 12 years on record.
That represents a change of up 1.4% on the previous year and up 249.6% over ten years.
Over the whole period, international trade in services — transport in Iceland peaked at 855.1 Euros, exchange rate converted in 2024 and was at its lowest, 122 Euros, exchange rate converted, in 2020.
Iceland ranks 7th of 21 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
International trade in services — Transport in Iceland, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2013 | 207.1 Euros, exchange rate converted | — |
| 2014 | 244.6 Euros, exchange rate converted | +18.1% |
| 2015 | 381.5 Euros, exchange rate converted | +56.0% |
| 2016 | 543 Euros, exchange rate converted | +42.3% |
| 2017 | 689.5 Euros, exchange rate converted | +27.0% |
| 2018 | 695.6 Euros, exchange rate converted | +0.9% |
| 2019 | 508.5 Euros, exchange rate converted | -26.9% |
| 2020 | 122 Euros, exchange rate converted | -76.0% |
| 2021 | 230.7 Euros, exchange rate converted | +89.1% |
| 2022 | 618.2 Euros, exchange rate converted | +168.0% |
| 2023 | 843.6 Euros, exchange rate converted | +36.5% |
| 2024 | 855.1 Euros, exchange rate converted | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 467.11 Euros, exchange rate converted | 207.1 Euros, exchange rate converted | 695.6 Euros, exchange rate converted | 7 |
| 2020s | 533.92 Euros, exchange rate converted | 122 Euros, exchange rate converted | 855.1 Euros, exchange rate converted | 5 |
Countries ranked near Iceland
- 4 Denmark 2,841 Euros, exchange rate converted compare
- 5 Greece 2,722 Euros, exchange rate converted compare
- 6 Portugal 1,489 Euros, exchange rate converted compare
- 8 Italy 443.5 Euros, exchange rate converted compare
- 9 Sweden 434.5 Euros, exchange rate converted compare
- 10 Belgium 360 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 domestic savings (current US$), annual growth rate 13.17 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2431 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 23,906 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.36 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 31.23 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 3.07 million current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 11.95 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9074 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is international trade in services — transport in Iceland?
- International trade in services — transport in Iceland was 855.1 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — transport recorded in Iceland?
- The highest recorded value was 855.1 Euros, exchange rate converted in 2024.
- What is the lowest international trade in services — transport recorded in Iceland?
- The lowest recorded value was 122 Euros, exchange rate converted in 2020.
- How does Iceland rank for international trade in services — transport?
- Iceland ranks 7th out of 21 countries with data for 2024.
- Is international trade in services — transport rising or falling in Iceland?
- Over the last ten years it is up 249.6%. 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 — 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