Value of exported goods and services in Iceland
Iceland: Value of exported goods and services was 10.57 billion in 2025. ◆ Volatile
Latest (2025)
10.57 billion
Change on year
up 1.0%
World rank
97th
of 170 countries
All-time high
10.93 billion
in 2018
All-time low
1.30 billion
in 1971
Years of data
56
1970–2025
Value of exported goods and services in Iceland, 1970–2025
Source: Our World in Data.
Analysis
In 2025, value of exported goods and services in Iceland stood at 10.57 billion.
The figure is up 1.0% on the previous year and up 16.3% over ten years.
Over the whole period, value of exported goods and services in Iceland peaked at 10.93 billion in 2018 and was at its lowest, 1.30 billion, in 1971.
That places Iceland 97th out of 170 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value of exported goods and services in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 1.42 billion | — |
| 1971 | 1.30 billion | -8.2% |
| 1972 | 1.49 billion | +14.5% |
| 1973 | 1.62 billion | +8.7% |
| 1974 | 1.57 billion | -2.7% |
| 1975 | 1.61 billion | +2.6% |
| 1976 | 1.83 billion | +13.1% |
| 1977 | 1.99 billion | +8.9% |
| 1978 | 2.29 billion | +15.2% |
| 1979 | 2.43 billion | +6.3% |
| 1980 | 2.50 billion | +2.7% |
| 1981 | 2.58 billion | +3.2% |
| 1982 | 2.35 billion | -8.9% |
| 1983 | 2.61 billion | +11.0% |
| 1984 | 2.67 billion | +2.4% |
| 1985 | 2.96 billion | +11.1% |
| 1986 | 3.14 billion | +5.9% |
| 1987 | 3.24 billion | +3.3% |
| 1988 | 3.13 billion | -3.6% |
| 1989 | 3.22 billion | +2.9% |
| 1990 | 3.22 billion | -0.0% |
| 1991 | 3.03 billion | -5.9% |
| 1992 | 2.97 billion | -2.0% |
| 1993 | 3.16 billion | +6.5% |
| 1994 | 3.45 billion | +9.3% |
| 1995 | 3.37 billion | -2.3% |
| 1996 | 3.65 billion | +8.1% |
| 1997 | 3.82 billion | +4.8% |
| 1998 | 3.88 billion | +1.5% |
| 1999 | 4.00 billion | +3.2% |
| 2000 | 4.16 billion | +4.0% |
| 2001 | 4.44 billion | +6.7% |
| 2002 | 4.60 billion | +3.6% |
| 2003 | 4.64 billion | +0.9% |
| 2004 | 5.02 billion | +8.3% |
| 2005 | 5.39 billion | +7.4% |
| 2006 | 5.15 billion | -4.5% |
| 2007 | 6.36 billion | +23.6% |
| 2008 | 6.59 billion | +3.5% |
| 2009 | 7.11 billion | +8.0% |
| 2010 | 7.16 billion | +0.8% |
| 2011 | 7.37 billion | +2.9% |
| 2012 | 7.60 billion | +3.1% |
| 2013 | 8.08 billion | +6.2% |
| 2014 | 8.38 billion | +3.8% |
| 2015 | 9.09 billion | +8.4% |
| 2016 | 10.20 billion | +12.2% |
| 2017 | 10.69 billion | +4.8% |
| 2018 | 10.93 billion | +2.2% |
| 2019 | 10.44 billion | -4.5% |
| 2020 | 7.27 billion | -30.3% |
| 2021 | 8.17 billion | +12.4% |
| 2022 | 10.30 billion | +26.1% |
| 2023 | 10.70 billion | +3.9% |
| 2024 | 10.47 billion | -2.2% |
| 2025 | 10.57 billion | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.75 billion | 1.30 billion | 2.43 billion | 10 |
| 1980s | 2.84 billion | 2.35 billion | 3.24 billion | 10 |
| 1990s | 3.45 billion | 2.97 billion | 4.00 billion | 10 |
| 2000s | 5.35 billion | 4.16 billion | 7.11 billion | 10 |
| 2010s | 8.99 billion | 7.16 billion | 10.93 billion | 10 |
| 2020s | 9.58 billion | 7.27 billion | 10.70 billion | 6 |
Countries ranked near Iceland
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)
- Net primary income (Net income from abroad) (current LCU), annual 7.13 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 5.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1006 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 9,894 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
Frequently asked questions
- What is value of exported goods and services in Iceland?
- Value of exported goods and services in Iceland was 10.57 billion in 2025, according to Our World in Data.
- What is the highest value of exported goods and services recorded in Iceland?
- The highest recorded value was 10.93 billion in 2018.
- What is the lowest value of exported goods and services recorded in Iceland?
- The lowest recorded value was 1.30 billion in 1971.
- How does Iceland rank for value of exported goods and services?
- Iceland ranks 97th out of 170 countries with data for 2025.
- Is value of exported goods and services rising or falling in Iceland?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Value of exported goods and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).