Logistics performance index: Efficiency of customs clearance process in Iceland
Iceland: Logistics performance index: Efficiency of customs clearance process was 3.7 1=low to 5=high in 2022. ▬ Flat
Logistics performance index: Efficiency of customs clearance process in Iceland, 2010–2022
Source: Connecting to Compete - Logistics Performance Index (LPI), World Bank (WB). Measured in 1=low to 5=high.
Analysis
In 2022, logistics performance index: efficiency of customs clearance process in Iceland stood at 3.7 1=low to 5=high. That is the highest value across all 6 years on record.
The figure is up 4.8% over ten years.
Over the whole period, logistics performance index: efficiency of customs clearance process in Iceland peaked at 3.7 1=low to 5=high in 2022 and was at its lowest, 2.77 1=low to 5=high, in 2018.
That places Iceland 14th out of 156 countries with data for 2022, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.24 1=low to 5=high | 2.77 1=low to 5=high | 3.54 1=low to 5=high | 5 |
| 2020s | 3.7 1=low to 5=high | 3.7 1=low to 5=high | 3.7 1=low to 5=high | 1 |
Countries ranked near Iceland
- 12 Hong Kong (China) 3.8 1=low to 5=high compare
- 12 Norway 3.8 1=low to 5=high compare
- 14 Australia 3.7 1=low to 5=high compare
- 14 Austria 3.7 1=low to 5=high compare
- 14 France 3.7 1=low to 5=high compare
- 14 United Arab Emirates 3.7 1=low to 5=high compare
- 14 United States 3.7 1=low to 5=high 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 logistics performance index: efficiency of customs clearance process in Iceland?
- Logistics performance index: efficiency of customs clearance process in Iceland was 3.7 1=low to 5=high in 2022, according to Connecting to Compete - Logistics Performance Index (LPI), World Bank (WB).
- What is the highest logistics performance index: efficiency of customs clearance process recorded in Iceland?
- The highest recorded value was 3.7 1=low to 5=high in 2022.
- What is the lowest logistics performance index: efficiency of customs clearance process recorded in Iceland?
- The lowest recorded value was 2.77 1=low to 5=high in 2018.
- How does Iceland rank for logistics performance index: efficiency of customs clearance process?
- Iceland ranks 14th out of 156 countries with data for 2022.
- Is logistics performance index: efficiency of customs clearance process rising or falling in Iceland?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Connecting to Compete - Logistics Performance Index (LPI), World Bank (WB), published as part of Logistics performance index: Efficiency of customs clearance process (1=low to 5=high). Statizoid updates them automatically from the source API.
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About this data
Data are from the Logistics Performance Index survey conducted by the World Bank in partnership with academic and international institutions and private companies and individuals engaged in international logistics. Respondents evaluate eight countries on six core dimensions on a scale from 1 (worst) to 5 (best). The eight countries are chosen based on the most important export and import markets of the respondent's country, random selection, and, for landlocked countries, neighboring countries that connect them with international markets. The 2023 LPI survey was conducted from September 6 to November 5, 2022. It provided 4,090 country assessments by 652 logistics professionals in 115 countries in all World Bank regions. Details of the survey methodology and index construction methodology are included in Appendix 5 of the 2023 LPI report available at: https://lpi.worldbank.org/report. Respondents evaluated efficiency of customs clearance processes (i.e. speed, simplicity and predictability of formalities), on a rating ranging from 1 (very low) to 5 (very high). Scores are averaged across all respondents.