Service exports (BoP, current US$), per unit of GDP in Iceland
Iceland: Service exports (BoP, current US$), per unit of GDP was 0.2115 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.2115 BoP, current US$ per US$ of GDP
Change on year
down 1.5%
World rank
50th
of 199 countries
All-time high
0.2606 BoP, current US$ per US$ of GDP
in 2016
All-time low
0.08 BoP, current US$ per US$ of GDP
in 1980
Years of data
50
1976–2025
Service exports (BoP, current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2025, service exports (bop, current us$), per unit of gdp in Iceland stood at 0.2115 BoP, current US$ per US$ of GDP.
The figure is down 1.5% on the previous year and down 14.8% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Iceland peaked at 0.2606 BoP, current US$ per US$ of GDP in 2016 and was at its lowest, 0.08 BoP, current US$ per US$ of GDP, in 1980.
Iceland ranks 50th of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Service exports (BoP, current US$), per unit of GDP in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0998 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0928 BoP, current US$ per US$ of GDP | -7.1% |
| 1978 | 0.1008 BoP, current US$ per US$ of GDP | +8.6% |
| 1979 | 0.0991 BoP, current US$ per US$ of GDP | -1.6% |
| 1980 | 0.08 BoP, current US$ per US$ of GDP | -19.4% |
| 1981 | 0.0838 BoP, current US$ per US$ of GDP | +4.8% |
| 1982 | 0.1026 BoP, current US$ per US$ of GDP | +22.5% |
| 1983 | 0.1196 BoP, current US$ per US$ of GDP | +16.6% |
| 1984 | 0.1171 BoP, current US$ per US$ of GDP | -2.1% |
| 1985 | 0.1277 BoP, current US$ per US$ of GDP | +9.0% |
| 1986 | 0.1098 BoP, current US$ per US$ of GDP | -14.0% |
| 1987 | 0.0948 BoP, current US$ per US$ of GDP | -13.6% |
| 1988 | 0.0841 BoP, current US$ per US$ of GDP | -11.3% |
| 1989 | 0.088 BoP, current US$ per US$ of GDP | +4.7% |
| 1990 | 0.0836 BoP, current US$ per US$ of GDP | -5.0% |
| 1991 | 0.0803 BoP, current US$ per US$ of GDP | -4.0% |
| 1992 | 0.0805 BoP, current US$ per US$ of GDP | +0.3% |
| 1993 | 0.0934 BoP, current US$ per US$ of GDP | +16.0% |
| 1994 | 0.0936 BoP, current US$ per US$ of GDP | +0.3% |
| 1995 | 0.0937 BoP, current US$ per US$ of GDP | +0.1% |
| 1996 | 0.1 BoP, current US$ per US$ of GDP | +6.7% |
| 1997 | 0.1084 BoP, current US$ per US$ of GDP | +8.4% |
| 1998 | 0.1108 BoP, current US$ per US$ of GDP | +2.2% |
| 1999 | 0.1058 BoP, current US$ per US$ of GDP | -4.5% |
| 2000 | 0.1172 BoP, current US$ per US$ of GDP | +10.7% |
| 2001 | 0.1378 BoP, current US$ per US$ of GDP | +17.6% |
| 2002 | 0.129 BoP, current US$ per US$ of GDP | -6.4% |
| 2003 | 0.128 BoP, current US$ per US$ of GDP | -0.8% |
| 2004 | 0.1248 BoP, current US$ per US$ of GDP | -2.5% |
| 2005 | 0.1296 BoP, current US$ per US$ of GDP | +3.8% |
| 2006 | 0.1243 BoP, current US$ per US$ of GDP | -4.0% |
| 2007 | 0.1373 BoP, current US$ per US$ of GDP | +10.4% |
| 2008 | 0.1522 BoP, current US$ per US$ of GDP | +10.8% |
| 2009 | 0.2027 BoP, current US$ per US$ of GDP | +33.2% |
| 2010 | 0.217 BoP, current US$ per US$ of GDP | +7.1% |
| 2011 | 0.2245 BoP, current US$ per US$ of GDP | +3.5% |
| 2012 | 0.2337 BoP, current US$ per US$ of GDP | +4.1% |
| 2013 | 0.2462 BoP, current US$ per US$ of GDP | +5.3% |
| 2014 | 0.2378 BoP, current US$ per US$ of GDP | -3.4% |
| 2015 | 0.2482 BoP, current US$ per US$ of GDP | +4.4% |
| 2016 | 0.2606 BoP, current US$ per US$ of GDP | +5.0% |
| 2017 | 0.2567 BoP, current US$ per US$ of GDP | -1.5% |
| 2018 | 0.249 BoP, current US$ per US$ of GDP | -3.0% |
| 2019 | 0.2317 BoP, current US$ per US$ of GDP | -6.9% |
| 2020 | 0.1281 BoP, current US$ per US$ of GDP | -44.7% |
| 2021 | 0.1402 BoP, current US$ per US$ of GDP | +9.4% |
| 2022 | 0.2072 BoP, current US$ per US$ of GDP | +47.8% |
| 2023 | 0.226 BoP, current US$ per US$ of GDP | +9.1% |
| 2024 | 0.2146 BoP, current US$ per US$ of GDP | -5.0% |
| 2025 | 0.2115 BoP, current US$ per US$ of GDP | -1.4% |
Iceland compared with similar countries
- Iceland's 0.2115 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.1868 BoP, current US$ per US$ of GDP, 1.1× the median. (72 countries reporting)
- Iceland's 0.2115 BoP, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.1821 BoP, current US$ per US$ of GDP, 1.2× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0981 BoP, current US$ per US$ of GDP | 0.0928 BoP, current US$ per US$ of GDP | 0.1008 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.1008 BoP, current US$ per US$ of GDP | 0.08 BoP, current US$ per US$ of GDP | 0.1277 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.095 BoP, current US$ per US$ of GDP | 0.0803 BoP, current US$ per US$ of GDP | 0.1108 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1383 BoP, current US$ per US$ of GDP | 0.1172 BoP, current US$ per US$ of GDP | 0.2027 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.2406 BoP, current US$ per US$ of GDP | 0.217 BoP, current US$ per US$ of GDP | 0.2606 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.188 BoP, current US$ per US$ of GDP | 0.1281 BoP, current US$ per US$ of GDP | 0.226 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 47 Belgium 0.2204 BoP, current US$ per US$ of GDP compare
- 48 Tunisia 0.2186 BoP, current US$ per US$ of GDP compare
- 49 Greece 0.2177 BoP, current US$ per US$ of GDP compare
- 51 Armenia 0.2094 BoP, current US$ per US$ of GDP compare
- 52 Tuvalu 0.2024 BoP, current US$ per US$ of GDP compare
- 53 Gambia 0.2015 BoP, current US$ per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Iceland?
- Service exports (bop, current us$), per unit of gdp in Iceland was 0.2115 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.2606 BoP, current US$ per US$ of GDP in 2016.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.08 BoP, current US$ per US$ of GDP in 1980.
- How does Iceland rank for service exports (bop, current us$), per unit of gdp?
- Iceland ranks 50th out of 199 countries with data for 2025.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.