Iceland: Growth of exports

The latest value from 2024 is -1.25 percent, a decline from 6.26 percent in 2023. In comparison, the world average is 4.01 percent, based on data from 128 countries. Historically, the average for Iceland from 1971 to 2024 is 4.11 percent. The minimum value, -30.69 percent, was reached in 2020 while the maximum of 23.37 percent was recorded in 2007. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.