Imports by region of origin in Iceland
Iceland: Imports by region of origin was 1.15 billion current US$ in 2024. ◆ Volatile
Imports by region of origin in Iceland, 1948–2024
Source: International Monetary Fund (2025) – with major processing by Our World in Data. Measured in current US$.
Analysis
Iceland recorded 1.15 billion current US$ for imports by region of origin in 2024. That is the highest value across all 77 years on record.
The figure is up 16.6% on the previous year and up 64.1% over ten years.
Over the whole period, imports by region of origin in Iceland peaked at 1.15 billion current US$ in 2024 and was at its lowest, 12.50 million current US$, in 1961.
That places Iceland 85th out of 209 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 15.55 million current US$ | 14.90 million current US$ | 16.20 million current US$ | 2 |
| 1950s | 16.97 million current US$ | 13.20 million current US$ | 26.20 million current US$ | 10 |
| 1960s | 18.83 million current US$ | 12.50 million current US$ | 28.20 million current US$ | 10 |
| 1970s | 40.59 million current US$ | 14.90 million current US$ | 59.76 million current US$ | 10 |
| 1980s | 101.06 million current US$ | 64.31 million current US$ | 168.05 million current US$ | 10 |
| 1990s | 211.04 million current US$ | 142.86 million current US$ | 303.91 million current US$ | 10 |
| 2000s | 518.91 million current US$ | 248.98 million current US$ | 1.07 billion current US$ | 10 |
| 2010s | 690.40 million current US$ | 439.14 million current US$ | 917.80 million current US$ | 10 |
| 2020s | 858.30 million current US$ | 489.53 million current US$ | 1.15 billion current US$ | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- External balance on goods and services as a percent of GDP -2.3% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 58,910 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.5% (2025)
- Gross domestic product (GDP) 23.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 58,910 constant 2015 US$ (2025)
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
Frequently asked questions
- What is imports by region of origin in Iceland?
- Imports by region of origin in Iceland was 1.15 billion current US$ in 2024, according to International Monetary Fund (2025) – with major processing by Our World in Data.
- What is the highest imports by region of origin recorded in Iceland?
- The highest recorded value was 1.15 billion current US$ in 2024.
- What is the lowest imports by region of origin recorded in Iceland?
- The lowest recorded value was 12.50 million current US$ in 1961.
- How does Iceland rank for imports by region of origin?
- Iceland ranks 85th out of 209 countries with data for 2024.
- Is imports by region of origin rising or falling in Iceland?
- Over the last ten years it is up 64.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund (2025) – with major processing by Our World in Data, published as part of Imports by region of origin. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 77 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total value of goods a country imports from North America in US dollars, including freight and insurance costs. This data is not adjusted for inflation.