Merchandise exports by the reporting economy (current US$), annual in Iceland
Iceland: Merchandise exports by the reporting economy (current US$), annual was -10.48 % change on previous year in 2023. ◆ Volatile
Merchandise exports by the reporting economy (current US$), annual in Iceland, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for merchandise exports by the reporting economy (current us$), annual in Iceland is -10.48 % change on previous year, measured in 2023.
That represents a change of down 147.1% on the previous year and down 645.8% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), annual in Iceland peaked at 53.77 % change on previous year in 1973 and was at its lowest, -35.45 % change on previous year, in 1967.
That places Iceland 148th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$), annual in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 33.12 % change on previous year | — |
| 1962 | 12.2 % change on previous year | -63.2% |
| 1963 | 14.88 % change on previous year | +22.0% |
| 1964 | 21.67 % change on previous year | +45.6% |
| 1965 | 19.24 % change on previous year | -11.2% |
| 1966 | 7.98 % change on previous year | -58.5% |
| 1967 | -35.45 % change on previous year | -544.1% |
| 1968 | -11.45 % change on previous year | -67.7% |
| 1969 | 34.86 % change on previous year | -404.3% |
| 1970 | 37.83 % change on previous year | +8.5% |
| 1971 | 1.83 % change on previous year | -95.2% |
| 1972 | 26.56 % change on previous year | +1351.6% |
| 1973 | 53.77 % change on previous year | +102.5% |
| 1974 | 12.16 % change on previous year | -77.4% |
| 1975 | -10.64 % change on previous year | -187.5% |
| 1976 | 39.33 % change on previous year | -469.5% |
| 1977 | 24.83 % change on previous year | -36.9% |
| 1978 | 29.19 % change on previous year | +17.6% |
| 1979 | 22.78 % change on previous year | -22.0% |
| 1980 | 15.89 % change on previous year | -30.2% |
| 1981 | -4.54 % change on previous year | -128.5% |
| 1982 | -23.94 % change on previous year | +427.9% |
| 1983 | 7.29 % change on previous year | -130.4% |
| 1984 | -0.3072 % change on previous year | -104.2% |
| 1985 | 13.06 % change on previous year | -4351.4% |
| 1986 | 39.16 % change on previous year | +199.8% |
| 1987 | 25.98 % change on previous year | -33.7% |
| 1988 | 3.98 % change on previous year | -84.7% |
| 1989 | -0.4116 % change on previous year | -110.3% |
| 1990 | 12.98 % change on previous year | -3254.5% |
| 1991 | -0.6818 % change on previous year | -105.3% |
| 1992 | -1.54 % change on previous year | +126.5% |
| 1993 | -8.1 % change on previous year | +424.3% |
| 1994 | 16.52 % change on previous year | -304.1% |
| 1995 | 11.75 % change on previous year | -28.9% |
| 1996 | 1.31 % change on previous year | -88.8% |
| 1997 | 1.99 % change on previous year | +51.1% |
| 1998 | 7.09 % change on previous year | +257.0% |
| 1999 | 1.19 % change on previous year | -83.3% |
| 2000 | -5.31 % change on previous year | -547.3% |
| 2001 | 6.28 % change on previous year | -218.3% |
| 2002 | 10.68 % change on previous year | +69.9% |
| 2003 | 7.47 % change on previous year | -30.1% |
| 2004 | 20.03 % change on previous year | +168.3% |
| 2005 | 3.6 % change on previous year | -82.0% |
| 2006 | 15.84 % change on previous year | +340.0% |
| 2007 | 38.52 % change on previous year | +143.2% |
| 2008 | 12.52 % change on previous year | -67.5% |
| 2009 | -24.62 % change on previous year | -296.6% |
| 2010 | 13.41 % change on previous year | -154.5% |
| 2011 | 15.96 % change on previous year | +19.0% |
| 2012 | -5.09 % change on previous year | -131.9% |
| 2013 | -1.41 % change on previous year | -72.4% |
| 2014 | 1.17 % change on previous year | -183.6% |
| 2015 | -6.14 % change on previous year | -622.6% |
| 2016 | -6.04 % change on previous year | -1.6% |
| 2017 | 8.86 % change on previous year | -246.7% |
| 2018 | 9.42 % change on previous year | +6.4% |
| 2019 | -0.6396 % change on previous year | -106.8% |
| 2020 | -14.23 % change on previous year | +2124.0% |
| 2021 | 33.84 % change on previous year | -337.9% |
| 2022 | 22.24 % change on previous year | -34.3% |
| 2023 | -10.48 % change on previous year | -147.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.78 % change on previous year | -35.45 % change on previous year | 34.86 % change on previous year | 9 |
| 1970s | 23.76 % change on previous year | -10.64 % change on previous year | 53.77 % change on previous year | 10 |
| 1980s | 7.62 % change on previous year | -23.94 % change on previous year | 39.16 % change on previous year | 10 |
| 1990s | 4.25 % change on previous year | -8.1 % change on previous year | 16.52 % change on previous year | 10 |
| 2000s | 8.5 % change on previous year | -24.62 % change on previous year | 38.52 % change on previous year | 10 |
| 2010s | 2.95 % change on previous year | -6.14 % change on previous year | 15.96 % change on previous year | 10 |
| 2020s | 7.84 % change on previous year | -14.23 % change on previous year | 33.84 % change on previous year | 4 |
Countries ranked near Iceland
- 145 Australia -9.81 % change on previous year compare
- 146 Congo -9.99 % change on previous year compare
- 147 Zambia -10.19 % change on previous year compare
- 149 Nicaragua -10.69 % change on previous year compare
- 150 Israel -11.06 % change on previous year compare
- 151 Azerbaijan -11.14 % change on previous year 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$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), annual in Iceland?
- Merchandise exports by the reporting economy (current us$), annual in Iceland was -10.48 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), annual recorded in Iceland?
- The highest recorded value was 53.77 % change on previous year in 1973.
- What is the lowest merchandise exports by the reporting economy (current us$), annual recorded in Iceland?
- The lowest recorded value was -35.45 % change on previous year in 1967.
- How does Iceland rank for merchandise exports by the reporting economy (current us$), annual?
- Iceland ranks 148th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy (current us$), annual rising or falling in Iceland?
- Over the last ten years it is down 645.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.