Import value index in Iceland
Iceland: Import value index was 185.1 2015 = 100 in 2024. ▲ Rising
Import value index in Iceland, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
Iceland recorded 185.1 2015 = 100 for import value index in 2024. That is the highest value across all 20 years on record.
That represents a change of up 3.7% on the previous year and up 82.5% over ten years.
Over the whole period, import value index in Iceland peaked at 185.1 2015 = 100 in 2024 and was at its lowest, 68 2015 = 100, in 2009.
That places Iceland 49th out of 204 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Import value index in Iceland, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 94 2015 = 100 | — |
| 2006 | 115.8 2015 = 100 | +23.2% |
| 2007 | 127.2 2015 = 100 | +9.8% |
| 2008 | 117.1 2015 = 100 | -7.9% |
| 2009 | 68 2015 = 100 | -41.9% |
| 2010 | 74 2015 = 100 | +8.8% |
| 2011 | 91.4 2015 = 100 | +23.5% |
| 2012 | 90.1 2015 = 100 | -1.4% |
| 2013 | 94.7 2015 = 100 | +5.1% |
| 2014 | 101.4 2015 = 100 | +7.1% |
| 2015 | 100 2015 = 100 | -1.4% |
| 2016 | 107 2015 = 100 | +7.0% |
| 2017 | 131.5 2015 = 100 | +22.9% |
| 2018 | 144.9 2015 = 100 | +10.2% |
| 2019 | 123.9 2015 = 100 | -14.5% |
| 2020 | 107.5 2015 = 100 | -13.2% |
| 2021 | 147.5 2015 = 100 | +37.2% |
| 2022 | 181 2015 = 100 | +22.7% |
| 2023 | 178.5 2015 = 100 | -1.4% |
| 2024 | 185.1 2015 = 100 | +3.7% |
Iceland compared with similar countries
- Iceland's 185.1 2015 = 100 is above the median for high income countries, which is 145.7 2015 = 100, 1.3× the median. (77 countries reporting)
- Iceland's 185.1 2015 = 100 is above the median for Europe & Central Asia, which is 161.8 2015 = 100, 1.1× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 104.42 2015 = 100 | 68 2015 = 100 | 127.2 2015 = 100 | 5 |
| 2010s | 105.89 2015 = 100 | 74 2015 = 100 | 144.9 2015 = 100 | 10 |
| 2020s | 159.92 2015 = 100 | 107.5 2015 = 100 | 185.1 2015 = 100 | 5 |
Countries ranked near Iceland
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 import value index in Iceland?
- Import value index in Iceland was 185.1 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest import value index recorded in Iceland?
- The highest recorded value was 185.1 2015 = 100 in 2024.
- What is the lowest import value index recorded in Iceland?
- The lowest recorded value was 68 2015 = 100 in 2009.
- How does Iceland rank for import value index?
- Iceland ranks 49th out of 204 countries with data for 2024.
- Is import value index rising or falling in Iceland?
- Over the last ten years it is up 82.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Import value index (2015 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.