Commercial service exports (current US$), per unit of GDP in Iceland
Iceland: Commercial service exports (current US$), per unit of GDP was 0.2108 current US$ per US$ of GDP in 2025. ▲ Rising
Commercial service exports (current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Iceland recorded 0.2108 current US$ per US$ of GDP for commercial service exports (current us$), per unit of gdp in 2025.
The figure is down 1.4% on the previous year and down 14.7% over ten years.
Over the whole period, commercial service exports (current us$), per unit of gdp in Iceland peaked at 0.2596 current US$ per US$ of GDP in 2016 and was at its lowest, 0.0582 current US$ per US$ of GDP, in 1980.
Iceland ranks 46th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Commercial service exports (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0794 current US$ per US$ of GDP | — |
| 1977 | 0.0726 current US$ per US$ of GDP | -8.6% |
| 1978 | 0.0794 current US$ per US$ of GDP | +9.3% |
| 1979 | 0.0805 current US$ per US$ of GDP | +1.4% |
| 1980 | 0.0582 current US$ per US$ of GDP | -27.7% |
| 1981 | 0.0623 current US$ per US$ of GDP | +7.1% |
| 1982 | 0.0739 current US$ per US$ of GDP | +18.5% |
| 1983 | 0.0854 current US$ per US$ of GDP | +15.6% |
| 1984 | 0.0846 current US$ per US$ of GDP | -1.0% |
| 1985 | 0.1005 current US$ per US$ of GDP | +18.9% |
| 1986 | 0.0802 current US$ per US$ of GDP | -20.3% |
| 1987 | 0.0701 current US$ per US$ of GDP | -12.6% |
| 1988 | 0.0626 current US$ per US$ of GDP | -10.6% |
| 1989 | 0.0634 current US$ per US$ of GDP | +1.2% |
| 1990 | 0.0655 current US$ per US$ of GDP | +3.3% |
| 1991 | 0.0637 current US$ per US$ of GDP | -2.7% |
| 1992 | 0.0626 current US$ per US$ of GDP | -1.7% |
| 1993 | 0.0781 current US$ per US$ of GDP | +24.9% |
| 1994 | 0.0804 current US$ per US$ of GDP | +2.8% |
| 1995 | 0.0937 current US$ per US$ of GDP | +16.6% |
| 1996 | 0.1 current US$ per US$ of GDP | +6.7% |
| 1997 | 0.1084 current US$ per US$ of GDP | +8.4% |
| 1998 | 0.1108 current US$ per US$ of GDP | +2.2% |
| 1999 | 0.1058 current US$ per US$ of GDP | -4.5% |
| 2000 | 0.1172 current US$ per US$ of GDP | +10.7% |
| 2001 | 0.1378 current US$ per US$ of GDP | +17.6% |
| 2002 | 0.129 current US$ per US$ of GDP | -6.4% |
| 2003 | 0.128 current US$ per US$ of GDP | -0.8% |
| 2004 | 0.1248 current US$ per US$ of GDP | -2.5% |
| 2005 | 0.1296 current US$ per US$ of GDP | +3.8% |
| 2006 | 0.1243 current US$ per US$ of GDP | -4.0% |
| 2007 | 0.1373 current US$ per US$ of GDP | +10.4% |
| 2008 | 0.1522 current US$ per US$ of GDP | +10.8% |
| 2009 | 0.2013 current US$ per US$ of GDP | +32.3% |
| 2010 | 0.2152 current US$ per US$ of GDP | +6.9% |
| 2011 | 0.2225 current US$ per US$ of GDP | +3.4% |
| 2012 | 0.2324 current US$ per US$ of GDP | +4.4% |
| 2013 | 0.2449 current US$ per US$ of GDP | +5.4% |
| 2014 | 0.2363 current US$ per US$ of GDP | -3.5% |
| 2015 | 0.2471 current US$ per US$ of GDP | +4.6% |
| 2016 | 0.2596 current US$ per US$ of GDP | +5.1% |
| 2017 | 0.2558 current US$ per US$ of GDP | -1.5% |
| 2018 | 0.2481 current US$ per US$ of GDP | -3.0% |
| 2019 | 0.2309 current US$ per US$ of GDP | -6.9% |
| 2020 | 0.1273 current US$ per US$ of GDP | -44.9% |
| 2021 | 0.1394 current US$ per US$ of GDP | +9.5% |
| 2022 | 0.2065 current US$ per US$ of GDP | +48.1% |
| 2023 | 0.2253 current US$ per US$ of GDP | +9.1% |
| 2024 | 0.2139 current US$ per US$ of GDP | -5.0% |
| 2025 | 0.2108 current US$ per US$ of GDP | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0779 current US$ per US$ of GDP | 0.0726 current US$ per US$ of GDP | 0.0805 current US$ per US$ of GDP | 4 |
| 1980s | 0.0741 current US$ per US$ of GDP | 0.0582 current US$ per US$ of GDP | 0.1005 current US$ per US$ of GDP | 10 |
| 1990s | 0.0869 current US$ per US$ of GDP | 0.0626 current US$ per US$ of GDP | 0.1108 current US$ per US$ of GDP | 10 |
| 2000s | 0.1382 current US$ per US$ of GDP | 0.1172 current US$ per US$ of GDP | 0.2013 current US$ per US$ of GDP | 10 |
| 2010s | 0.2393 current US$ per US$ of GDP | 0.2152 current US$ per US$ of GDP | 0.2596 current US$ per US$ of GDP | 10 |
| 2020s | 0.1872 current US$ per US$ of GDP | 0.1273 current US$ per US$ of GDP | 0.2253 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 43 Greece 0.2171 current US$ per US$ of GDP compare
- 44 Belgium 0.2162 current US$ per US$ of GDP compare
- 45 Tunisia 0.2158 current US$ per US$ of GDP compare
- 47 Armenia 0.2082 current US$ per US$ of GDP compare
- 48 Djibouti 0.2028 current US$ per US$ of GDP compare
- 49 Palau 0.2022 current US$ per US$ of GDP compare
More private sector data for Iceland
- Merchandise trade 46.9% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 71.1% (2025)
- Merchandise imports 10.94 billion current US$ (2025)
- Food exports 46.9% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 7.17 billion current US$ (2025)
- Merchandise exports (current US$), per capita 18,264 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1858 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), per unit of gdp in Iceland?
- Commercial service exports (current us$), per unit of gdp in Iceland was 0.2108 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.2596 current US$ per US$ of GDP in 2016.
- What is the lowest commercial service exports (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.0582 current US$ per US$ of GDP in 1980.
- How does Iceland rank for commercial service exports (current us$), per unit of gdp?
- Iceland ranks 46th out of 198 countries with data for 2025.
- Is commercial service exports (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service exports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.