International trade in services — Travel in Iceland
Iceland: International trade in services — Travel was 863.1 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services — Travel in Iceland, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
In 2024, international trade in services — travel in Iceland stood at 863.1 Euros, exchange rate converted. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 5,068.3% over ten years.
Over the whole period, international trade in services — travel in Iceland peaked at 863.1 Euros, exchange rate converted in 2024 and was at its lowest, -30.3 Euros, exchange rate converted, in 2013.
That places Iceland 6th out of 20 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
International trade in services — Travel in Iceland, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2013 | -30.3 Euros, exchange rate converted | — |
| 2014 | 16.7 Euros, exchange rate converted | -155.1% |
| 2015 | 146.6 Euros, exchange rate converted | +777.8% |
| 2016 | 436.6 Euros, exchange rate converted | +197.8% |
| 2017 | 635.2 Euros, exchange rate converted | +45.5% |
| 2018 | 721.7 Euros, exchange rate converted | +13.6% |
| 2019 | 578.7 Euros, exchange rate converted | -19.8% |
| 2020 | 51.7 Euros, exchange rate converted | -91.1% |
| 2021 | 377.1 Euros, exchange rate converted | +629.4% |
| 2022 | 678.6 Euros, exchange rate converted | +80.0% |
| 2023 | 821.7 Euros, exchange rate converted | +21.1% |
| 2024 | 863.1 Euros, exchange rate converted | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 357.89 Euros, exchange rate converted | -30.3 Euros, exchange rate converted | 721.7 Euros, exchange rate converted | 7 |
| 2020s | 558.44 Euros, exchange rate converted | 51.7 Euros, exchange rate converted | 863.1 Euros, exchange rate converted | 5 |
Countries ranked near Iceland
- 3 Portugal 4,079 Euros, exchange rate converted compare
- 3 Slovenia 80.3 Euros, exchange rate converted compare
- 4 Estonia 59.2 Euros, exchange rate converted compare
- 4 Greece 2,871 Euros, exchange rate converted compare
- 5 Japan 2,363 Euros, exchange rate converted compare
- 5 Lithuania 52.4 Euros, exchange rate converted compare
- 6 Latvia 34 Euros, exchange rate converted compare
- 7 Chile 487.1 Euros, exchange rate converted compare
- 7 Netherlands -629.2 Euros, exchange rate converted compare
- 8 Czechia 321.9 Euros, exchange rate converted compare
- 9 Romania 284.4 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 value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 52,920 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 83.85 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is international trade in services — travel in Iceland?
- International trade in services — travel in Iceland was 863.1 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — travel recorded in Iceland?
- The highest recorded value was 863.1 Euros, exchange rate converted in 2024.
- What is the lowest international trade in services — travel recorded in Iceland?
- The lowest recorded value was -30.3 Euros, exchange rate converted in 2013.
- How does Iceland rank for international trade in services — travel?
- Iceland ranks 6th out of 20 countries with data for 2024.
- Is international trade in services — travel rising or falling in Iceland?
- Over the last ten years it is up 5,068.3%. 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 — Travel. 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