Service imports (BoP, current US$), per square kilometre in Iceland
Iceland: Service imports (BoP, current US$), per square kilometre was 47,436 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
47,436 BoP, current US$ per square kilometre
Change on year
up 7.0%
World rank
104th
of 198 countries
All-time high
47,436 BoP, current US$ per square kilometre
in 2023
All-time low
1,169 BoP, current US$ per square kilometre
in 1976
Years of data
48
1976–2023
Service imports (BoP, current US$), per square kilometre in Iceland, 1976–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
The most recent figure for service imports (bop, current us$), per square kilometre in Iceland is 47,436 BoP, current US$ per square kilometre, measured in 2023. That is the highest value across all 48 years on record.
The figure is up 7.0% on the previous year and up 71.8% over ten years.
Over the whole period, service imports (bop, current us$), per square kilometre in Iceland peaked at 47,436 BoP, current US$ per square kilometre in 2023 and was at its lowest, 1,169 BoP, current US$ per square kilometre, in 1976.
That places Iceland 104th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), per square kilometre in Iceland, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1976 | 1,169 BoP, current US$ per square kilometre | — |
| 1977 | 1,494 BoP, current US$ per square kilometre | +27.8% |
| 1978 | 1,916 BoP, current US$ per square kilometre | +28.2% |
| 1979 | 2,529 BoP, current US$ per square kilometre | +32.0% |
| 1980 | 2,621 BoP, current US$ per square kilometre | +3.7% |
| 1981 | 2,813 BoP, current US$ per square kilometre | +7.3% |
| 1982 | 3,077 BoP, current US$ per square kilometre | +9.4% |
| 1983 | 2,800 BoP, current US$ per square kilometre | -9.0% |
| 1984 | 3,101 BoP, current US$ per square kilometre | +10.8% |
| 1985 | 3,620 BoP, current US$ per square kilometre | +16.7% |
| 1986 | 3,727 BoP, current US$ per square kilometre | +2.9% |
| 1987 | 5,086 BoP, current US$ per square kilometre | +36.5% |
| 1988 | 5,343 BoP, current US$ per square kilometre | +5.0% |
| 1989 | 4,936 BoP, current US$ per square kilometre | -7.6% |
| 1990 | 5,545 BoP, current US$ per square kilometre | +12.3% |
| 1991 | 6,039 BoP, current US$ per square kilometre | +8.9% |
| 1992 | 5,883 BoP, current US$ per square kilometre | -2.6% |
| 1993 | 5,900 BoP, current US$ per square kilometre | +0.3% |
| 1994 | 5,759 BoP, current US$ per square kilometre | -2.4% |
| 1995 | 6,222 BoP, current US$ per square kilometre | +8.0% |
| 1996 | 7,127 BoP, current US$ per square kilometre | +14.5% |
| 1997 | 7,688 BoP, current US$ per square kilometre | +7.9% |
| 1998 | 9,312 BoP, current US$ per square kilometre | +21.1% |
| 1999 | 9,866 BoP, current US$ per square kilometre | +5.9% |
| 2000 | 10,993 BoP, current US$ per square kilometre | +11.4% |
| 2001 | 10,275 BoP, current US$ per square kilometre | -6.5% |
| 2002 | 10,763 BoP, current US$ per square kilometre | +4.7% |
| 2003 | 14,504 BoP, current US$ per square kilometre | +34.8% |
| 2004 | 17,599 BoP, current US$ per square kilometre | +21.3% |
| 2005 | 24,086 BoP, current US$ per square kilometre | +36.9% |
| 2006 | 24,241 BoP, current US$ per square kilometre | +0.6% |
| 2007 | 28,729 BoP, current US$ per square kilometre | +18.5% |
| 2008 | 24,181 BoP, current US$ per square kilometre | -15.8% |
| 2009 | 19,673 BoP, current US$ per square kilometre | -18.6% |
| 2010 | 21,730 BoP, current US$ per square kilometre | +10.5% |
| 2011 | 25,636 BoP, current US$ per square kilometre | +18.0% |
| 2012 | 26,913 BoP, current US$ per square kilometre | +5.0% |
| 2013 | 27,606 BoP, current US$ per square kilometre | +2.6% |
| 2014 | 30,440 BoP, current US$ per square kilometre | +10.3% |
| 2015 | 27,782 BoP, current US$ per square kilometre | -8.7% |
| 2016 | 31,826 BoP, current US$ per square kilometre | +14.6% |
| 2017 | 36,914 BoP, current US$ per square kilometre | +16.0% |
| 2018 | 41,188 BoP, current US$ per square kilometre | +11.6% |
| 2019 | 35,395 BoP, current US$ per square kilometre | -14.1% |
| 2020 | 22,900 BoP, current US$ per square kilometre | -35.3% |
| 2021 | 30,011 BoP, current US$ per square kilometre | +31.1% |
| 2022 | 44,333 BoP, current US$ per square kilometre | +47.7% |
| 2023 | 47,436 BoP, current US$ per square kilometre | +7.0% |
Iceland compared with similar countries
- Iceland's 47,436 BoP, current US$ per square kilometre is below the median for high income countries, which is 454,088 BoP, current US$ per square kilometre, 10% of the median. (72 countries reporting)
- Iceland's 47,436 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 201,673 BoP, current US$ per square kilometre, 24% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,777 BoP, current US$ per square kilometre | 1,169 BoP, current US$ per square kilometre | 2,529 BoP, current US$ per square kilometre | 4 |
| 1980s | 3,712 BoP, current US$ per square kilometre | 2,621 BoP, current US$ per square kilometre | 5,343 BoP, current US$ per square kilometre | 10 |
| 1990s | 6,934 BoP, current US$ per square kilometre | 5,545 BoP, current US$ per square kilometre | 9,866 BoP, current US$ per square kilometre | 10 |
| 2000s | 18,504 BoP, current US$ per square kilometre | 10,275 BoP, current US$ per square kilometre | 28,729 BoP, current US$ per square kilometre | 10 |
| 2010s | 30,543 BoP, current US$ per square kilometre | 21,730 BoP, current US$ per square kilometre | 41,188 BoP, current US$ per square kilometre | 10 |
| 2020s | 36,170 BoP, current US$ per square kilometre | 22,900 BoP, current US$ per square kilometre | 47,436 BoP, current US$ per square kilometre | 4 |
Countries ranked near Iceland
- 101 Georgia 52,078 BoP, current US$ per square kilometre compare
- 102 Fiji 50,351 BoP, current US$ per square kilometre compare
- 103 Ghana 49,005 BoP, current US$ per square kilometre compare
- 105 Samoa 47,299 BoP, current US$ per square kilometre compare
- 106 Republic of Moldova 47,128 BoP, current US$ per square kilometre compare
- 107 Ukraine 41,198 BoP, current US$ per square kilometre 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), per square kilometre in Iceland?
- Service imports (bop, current us$), per square kilometre in Iceland was 47,436 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per square kilometre recorded in Iceland?
- The highest recorded value was 47,436 BoP, current US$ per square kilometre in 2023.
- What is the lowest service imports (bop, current us$), per square kilometre recorded in Iceland?
- The lowest recorded value was 1,169 BoP, current US$ per square kilometre in 1976.
- How does Iceland rank for service imports (bop, current us$), per square kilometre?
- Iceland ranks 104th out of 198 countries with data for 2023.
- Is service imports (bop, current us$), per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 71.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service imports (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.