Volume of passenger transport relative to GDP in Iceland
Iceland: Volume of passenger transport relative to GDP was 89.7 Index, 2015=100 in 2024. ▼ Falling
Latest (2024)
89.7 Index, 2015=100
Change on year
down 4.2%
World rank
20th
of 44 countries
All-time high
119.2 Index, 2015=100
in 2003
All-time low
89.3 Index, 2015=100
in 2008
Years of data
30
1995–2024
Volume of passenger transport relative to GDP in Iceland, 1995–2024
Source: Eurostat. Measured in Index, 2015=100.
Analysis
Iceland recorded 89.7 Index, 2015=100 for volume of passenger transport relative to gdp in 2024.
The figure is down 4.2% on the previous year and down 7.7% over ten years.
Over the whole period, volume of passenger transport relative to gdp in Iceland peaked at 119.2 Index, 2015=100 in 2003 and was at its lowest, 89.3 Index, 2015=100, in 2008.
Iceland ranks 20th of 44 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Volume of passenger transport relative to GDP in Iceland, year by year
| Year | Index, 2015=100 | Change |
|---|---|---|
| 1995 | 99.7 Index, 2015=100 | — |
| 1996 | 99.9 Index, 2015=100 | +0.2% |
| 1997 | 101.7 Index, 2015=100 | +1.8% |
| 1998 | 100.7 Index, 2015=100 | -1.0% |
| 1999 | 100.8 Index, 2015=100 | +0.1% |
| 2000 | 111.6 Index, 2015=100 | +10.7% |
| 2001 | 115.9 Index, 2015=100 | +3.9% |
| 2002 | 118.5 Index, 2015=100 | +2.2% |
| 2003 | 119.2 Index, 2015=100 | +0.6% |
| 2004 | 114.2 Index, 2015=100 | -4.2% |
| 2005 | 114.1 Index, 2015=100 | -0.1% |
| 2006 | 96.5 Index, 2015=100 | -15.4% |
| 2007 | 93.2 Index, 2015=100 | -3.4% |
| 2008 | 89.3 Index, 2015=100 | -4.2% |
| 2009 | 98.5 Index, 2015=100 | +10.3% |
| 2010 | 99.9 Index, 2015=100 | +1.4% |
| 2011 | 94.9 Index, 2015=100 | -5.0% |
| 2012 | 94.9 Index, 2015=100 | +0.0% |
| 2013 | 94.2 Index, 2015=100 | -0.7% |
| 2014 | 97.2 Index, 2015=100 | +3.2% |
| 2015 | 100 Index, 2015=100 | +2.9% |
| 2016 | 109.2 Index, 2015=100 | +9.2% |
| 2017 | 115.4 Index, 2015=100 | +5.7% |
| 2018 | 113.7 Index, 2015=100 | -1.5% |
| 2019 | 111.4 Index, 2015=100 | -2.0% |
| 2020 | 92.4 Index, 2015=100 | -17.1% |
| 2021 | 105.1 Index, 2015=100 | +13.7% |
| 2022 | 105.4 Index, 2015=100 | +0.3% |
| 2023 | 93.6 Index, 2015=100 | -11.2% |
| 2024 | 89.7 Index, 2015=100 | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.56 Index, 2015=100 | 99.7 Index, 2015=100 | 101.7 Index, 2015=100 | 5 |
| 2000s | 107.1 Index, 2015=100 | 89.3 Index, 2015=100 | 119.2 Index, 2015=100 | 10 |
| 2010s | 103.08 Index, 2015=100 | 94.2 Index, 2015=100 | 115.4 Index, 2015=100 | 10 |
| 2020s | 97.24 Index, 2015=100 | 89.7 Index, 2015=100 | 105.4 Index, 2015=100 | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0853 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 8,386 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 10.96 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1.08 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.051 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,012 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
Frequently asked questions
- What is volume of passenger transport relative to gdp in Iceland?
- Volume of passenger transport relative to gdp in Iceland was 89.7 Index, 2015=100 in 2024, according to Eurostat.
- What is the highest volume of passenger transport relative to gdp recorded in Iceland?
- The highest recorded value was 119.2 Index, 2015=100 in 2003.
- What is the lowest volume of passenger transport relative to gdp recorded in Iceland?
- The lowest recorded value was 89.3 Index, 2015=100 in 2008.
- How does Iceland rank for volume of passenger transport relative to gdp?
- Iceland ranks 20th out of 44 countries with data for 2024.
- Is volume of passenger transport relative to gdp rising or falling in Iceland?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Volume of passenger transport relative to GDP. Statizoid updates them automatically from the source API.
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