Iceland: Overall globalization
* indicates monthly or quarterly data series
| Iceland |
Globalization index (0-100) |
|---|---|
| Latest value | 71.09 |
| Year | 2023 |
| Measure | points |
| Data availability | 1970 - 2023 |
| Average | 63.92 |
| Min - Max | 49.11 - 76.19 |
| Source | The Swiss Institute of Technology in Zurich |
The latest value from 2023 is 71.09 points, an increase from 70.63 points in 2022. In comparison, the world average is 61.11 points, based on data from 188 countries. Historically, the average for Iceland from 1970 to 2023 is 63.92 points. The minimum value, 49.11 points, was reached in 1970 while the maximum of 76.19 points was recorded in 2008.
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The KOF Globalization Index for Iceland is an average of the indexes for Economic Globalization, Social Globalization, and Political Globalization for Iceland.
Definition: The overall index of globalization covers the economic, social, and political dimensions of globalization. Higher values denote greater globalization. More information and the original data can be obtained here.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Overall globalization | 71.09 | 2023 | points |
| Economic globalization | 71.00 | 2023 | points |
| Political globalization | 58.27 | 2023 | points |
| Social globalization | 84.28 | 2023 | points |