Merchandise exports (current US$), annual growth rate in Iceland
Iceland: Merchandise exports (current US$), annual growth rate was 3.33 % change on previous year in 2025. ◆ Volatile
Merchandise exports (current US$), annual growth rate in Iceland, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 3.33 % change on previous year for merchandise exports (current us$), annual growth rate in 2025.
Compared with earlier readings it is up 53.8% on the previous year and up 152.4% over ten years.
Over the whole period, merchandise exports (current us$), annual growth rate in Iceland peaked at 53.44 % change on previous year in 1973 and was at its lowest, -30.71 % change on previous year, in 1967.
Iceland ranks 122nd of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports (current US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.11 % change on previous year | — |
| 1962 | 10.53 % change on previous year | +156.1% |
| 1963 | 11.9 % change on previous year | +13.1% |
| 1964 | 18.09 % change on previous year | +51.9% |
| 1965 | 16.22 % change on previous year | -10.3% |
| 1966 | 8.53 % change on previous year | -47.4% |
| 1967 | -30.71 % change on previous year | -460.2% |
| 1968 | -17.53 % change on previous year | -42.9% |
| 1969 | 35 % change on previous year | -299.7% |
| 1970 | 36.11 % change on previous year | +3.2% |
| 1971 | 2.04 % change on previous year | -94.3% |
| 1972 | 26 % change on previous year | +1174.0% |
| 1973 | 53.44 % change on previous year | +105.5% |
| 1974 | 14.14 % change on previous year | -73.5% |
| 1975 | -7.55 % change on previous year | -153.4% |
| 1976 | 31.05 % change on previous year | -511.0% |
| 1977 | 27.68 % change on previous year | -10.8% |
| 1978 | 25.2 % change on previous year | -9.0% |
| 1979 | 22 % change on previous year | -12.7% |
| 1980 | 17.39 % change on previous year | -20.9% |
| 1981 | -2.61 % change on previous year | -115.0% |
| 1982 | -23.38 % change on previous year | +794.2% |
| 1983 | 8.03 % change on previous year | -134.3% |
| 1984 | -0.1351 % change on previous year | -101.7% |
| 1985 | 10.28 % change on previous year | -7710.3% |
| 1986 | 34.85 % change on previous year | +238.8% |
| 1987 | 25.11 % change on previous year | -27.9% |
| 1988 | 3.56 % change on previous year | -85.8% |
| 1989 | -2.74 % change on previous year | -176.9% |
| 1990 | 14.95 % change on previous year | -645.7% |
| 1991 | -2.7 % change on previous year | -118.1% |
| 1992 | -1.36 % change on previous year | -49.8% |
| 1993 | -8.44 % change on previous year | +522.7% |
| 1994 | 16.01 % change on previous year | -289.7% |
| 1995 | 11.03 % change on previous year | -31.1% |
| 1996 | 5.27 % change on previous year | -52.2% |
| 1997 | -2.42 % change on previous year | -146.0% |
| 1998 | 4.32 % change on previous year | -278.2% |
| 1999 | 3.78 % change on previous year | -12.5% |
| 2000 | -5.14 % change on previous year | -236.0% |
| 2001 | 6.21 % change on previous year | -220.8% |
| 2002 | 10.4 % change on previous year | +67.6% |
| 2003 | 6.82 % change on previous year | -34.4% |
| 2004 | 19.24 % change on previous year | +182.1% |
| 2005 | 8.88 % change on previous year | -53.9% |
| 2006 | 11.71 % change on previous year | +31.9% |
| 2007 | 38.52 % change on previous year | +228.9% |
| 2008 | 12.52 % change on previous year | -67.5% |
| 2009 | -24.62 % change on previous year | -296.6% |
| 2010 | 13.48 % change on previous year | -154.8% |
| 2011 | 16.14 % change on previous year | +19.7% |
| 2012 | -5.29 % change on previous year | -132.8% |
| 2013 | -1.3 % change on previous year | -75.4% |
| 2014 | 1.1 % change on previous year | -184.4% |
| 2015 | -6.35 % change on previous year | -677.3% |
| 2016 | -6.26 % change on previous year | -1.5% |
| 2017 | 9.96 % change on previous year | -259.3% |
| 2018 | 13.9 % change on previous year | +39.5% |
| 2019 | -5.99 % change on previous year | -143.1% |
| 2020 | -12.27 % change on previous year | +104.8% |
| 2021 | 30.66 % change on previous year | -349.9% |
| 2022 | 23.42 % change on previous year | -23.6% |
| 2023 | -8.12 % change on previous year | -134.7% |
| 2024 | 2.17 % change on previous year | -126.7% |
| 2025 | 3.33 % change on previous year | +53.8% |
Iceland compared with similar countries
- Iceland's 3.33 % change on previous year is below the median for high income countries, which is 4.55 % change on previous year, 73% of the median. (77 countries reporting)
- Iceland's 3.33 % change on previous year is below the median for Europe & Central Asia, which is 6.95 % change on previous year, 48% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports (current US$), annual growth rate in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +7710.3% | -0.1351 % change on previous year | 10.28 % change on previous year |
| 1972 | +1174.0% | 2.04 % change on previous year | 26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.24 % change on previous year | -30.71 % change on previous year | 35 % change on previous year | 9 |
| 1970s | 23.01 % change on previous year | -7.55 % change on previous year | 53.44 % change on previous year | 10 |
| 1980s | 7.04 % change on previous year | -23.38 % change on previous year | 34.85 % change on previous year | 10 |
| 1990s | 4.04 % change on previous year | -8.44 % change on previous year | 16.01 % change on previous year | 10 |
| 2000s | 8.45 % change on previous year | -24.62 % change on previous year | 38.52 % change on previous year | 10 |
| 2010s | 2.94 % change on previous year | -6.35 % change on previous year | 16.14 % change on previous year | 10 |
| 2020s | 6.53 % change on previous year | -12.27 % change on previous year | 30.66 % change on previous year | 6 |
Countries ranked near Iceland
- 119 Austria 3.69 % change on previous year compare
- 120 Macao 3.34 % change on previous year compare
- 121 Brazil 3.33 % change on previous year compare
- 123 Bahamas 3.19 % change on previous year compare
- 124 American Samoa 3.14 % change on previous year compare
- 125 Belarus 2.61 % change on previous year compare
More private sector data for Iceland
- Merchandise trade 46.9% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 71.1% (2025)
- Merchandise imports 10.94 billion current US$ (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 imports (current US$), per capita 27,890 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports (current us$), annual growth rate in Iceland?
- Merchandise exports (current us$), annual growth rate in Iceland was 3.33 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest merchandise exports (current us$), annual growth rate recorded in Iceland?
- The highest recorded value was 53.44 % change on previous year in 1973.
- What is the lowest merchandise exports (current us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -30.71 % change on previous year in 1967.
- How does Iceland rank for merchandise exports (current us$), annual growth rate?
- Iceland ranks 122nd out of 205 countries with data for 2025.
- Is merchandise exports (current us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 152.4%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Merchandise exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise exports World Trade Organization (WTO)
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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.