Commercial service imports (current US$), per unit of GDP in Iceland
Iceland: Commercial service imports (current US$), per unit of GDP was 0.1541 current US$ per US$ of GDP in 2025. ▲ Rising
Commercial service imports (current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for commercial service imports (current us$), per unit of gdp in Iceland is 0.1541 current US$ per US$ of GDP, measured in 2025.
That represents a change of down 1.3% on the previous year and down 1.5% over ten years.
Over the whole period, commercial service imports (current us$), per unit of gdp in Iceland peaked at 0.1797 current US$ per US$ of GDP in 2012 and was at its lowest, 0.0643 current US$ per US$ of GDP, in 1977.
Iceland ranks 55th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Commercial service imports (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0665 current US$ per US$ of GDP | — |
| 1977 | 0.0643 current US$ per US$ of GDP | -3.3% |
| 1978 | 0.0726 current US$ per US$ of GDP | +12.9% |
| 1979 | 0.0827 current US$ per US$ of GDP | +13.9% |
| 1980 | 0.0725 current US$ per US$ of GDP | -12.3% |
| 1981 | 0.075 current US$ per US$ of GDP | +3.5% |
| 1982 | 0.089 current US$ per US$ of GDP | +18.6% |
| 1983 | 0.0925 current US$ per US$ of GDP | +4.0% |
| 1984 | 0.1008 current US$ per US$ of GDP | +9.0% |
| 1985 | 0.1142 current US$ per US$ of GDP | +13.2% |
| 1986 | 0.0867 current US$ per US$ of GDP | -24.0% |
| 1987 | 0.0857 current US$ per US$ of GDP | -1.1% |
| 1988 | 0.081 current US$ per US$ of GDP | -5.5% |
| 1989 | 0.0804 current US$ per US$ of GDP | -0.8% |
| 1990 | 0.0818 current US$ per US$ of GDP | +1.7% |
| 1991 | 0.0833 current US$ per US$ of GDP | +1.9% |
| 1992 | 0.0793 current US$ per US$ of GDP | -4.8% |
| 1993 | 0.0909 current US$ per US$ of GDP | +14.6% |
| 1994 | 0.0858 current US$ per US$ of GDP | -5.6% |
| 1995 | 0.0846 current US$ per US$ of GDP | -1.4% |
| 1996 | 0.093 current US$ per US$ of GDP | +9.9% |
| 1997 | 0.0999 current US$ per US$ of GDP | +7.4% |
| 1998 | 0.1081 current US$ per US$ of GDP | +8.2% |
| 1999 | 0.1086 current US$ per US$ of GDP | +0.5% |
| 2000 | 0.1206 current US$ per US$ of GDP | +11.0% |
| 2001 | 0.1238 current US$ per US$ of GDP | +2.6% |
| 2002 | 0.1146 current US$ per US$ of GDP | -7.4% |
| 2003 | 0.1257 current US$ per US$ of GDP | +9.7% |
| 2004 | 0.1263 current US$ per US$ of GDP | +0.5% |
| 2005 | 0.1408 current US$ per US$ of GDP | +11.5% |
| 2006 | 0.1375 current US$ per US$ of GDP | -2.3% |
| 2007 | 0.1311 current US$ per US$ of GDP | -4.6% |
| 2008 | 0.1328 current US$ per US$ of GDP | +1.3% |
| 2009 | 0.1477 current US$ per US$ of GDP | +11.2% |
| 2010 | 0.1551 current US$ per US$ of GDP | +5.1% |
| 2011 | 0.1657 current US$ per US$ of GDP | +6.8% |
| 2012 | 0.1797 current US$ per US$ of GDP | +8.5% |
| 2013 | 0.1693 current US$ per US$ of GDP | -5.8% |
| 2014 | 0.168 current US$ per US$ of GDP | -0.8% |
| 2015 | 0.1565 current US$ per US$ of GDP | -6.9% |
| 2016 | 0.1506 current US$ per US$ of GDP | -3.7% |
| 2017 | 0.1469 current US$ per US$ of GDP | -2.4% |
| 2018 | 0.1549 current US$ per US$ of GDP | +5.4% |
| 2019 | 0.1421 current US$ per US$ of GDP | -8.3% |
| 2020 | 0.104 current US$ per US$ of GDP | -26.8% |
| 2021 | 0.1146 current US$ per US$ of GDP | +10.1% |
| 2022 | 0.1524 current US$ per US$ of GDP | +33.0% |
| 2023 | 0.1502 current US$ per US$ of GDP | -1.5% |
| 2024 | 0.1561 current US$ per US$ of GDP | +3.9% |
| 2025 | 0.1541 current US$ per US$ of GDP | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0715 current US$ per US$ of GDP | 0.0643 current US$ per US$ of GDP | 0.0827 current US$ per US$ of GDP | 4 |
| 1980s | 0.0878 current US$ per US$ of GDP | 0.0725 current US$ per US$ of GDP | 0.1142 current US$ per US$ of GDP | 10 |
| 1990s | 0.0915 current US$ per US$ of GDP | 0.0793 current US$ per US$ of GDP | 0.1086 current US$ per US$ of GDP | 10 |
| 2000s | 0.1301 current US$ per US$ of GDP | 0.1146 current US$ per US$ of GDP | 0.1477 current US$ per US$ of GDP | 10 |
| 2010s | 0.1589 current US$ per US$ of GDP | 0.1421 current US$ per US$ of GDP | 0.1797 current US$ per US$ of GDP | 10 |
| 2020s | 0.1386 current US$ per US$ of GDP | 0.104 current US$ per US$ of GDP | 0.1561 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 52 Faroe Islands 0.1573 current US$ per US$ of GDP compare
- 53 Jamaica 0.1543 current US$ per US$ of GDP compare
- 54 Finland 0.1542 current US$ per US$ of GDP compare
- 56 Mauritius 0.1526 current US$ per US$ of GDP compare
- 57 Palau 0.1497 current US$ per US$ of GDP compare
- 58 Chad 0.1477 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$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports (current us$), per unit of gdp in Iceland?
- Commercial service imports (current us$), per unit of gdp in Iceland was 0.1541 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.1797 current US$ per US$ of GDP in 2012.
- What is the lowest commercial service imports (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.0643 current US$ per US$ of GDP in 1977.
- How does Iceland rank for commercial service imports (current us$), per unit of gdp?
- Iceland ranks 55th out of 198 countries with data for 2025.
- Is commercial service imports (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 1.5%. 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 imports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service imports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service imports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service imports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.