What is the highest merchandise exports (current us$), per unit of gdp recorded in Iceland?

The highest recorded value was 0.3473 current US$ per US$ of GDP in 2011.

What is the lowest merchandise exports (current us$), per unit of gdp recorded in Iceland?

The lowest recorded value was 0.1486 current US$ per US$ of GDP in 1967.

How does Iceland rank for merchandise exports (current us$), per unit of gdp?

Iceland ranks 112th out of 203 countries with data for 2025.

Is merchandise exports (current us$), per unit of gdp rising or falling in Iceland?

Over the last ten years it is down 30.5%. The long-run trend across the full record is flat.

Where does this Iceland data come from?

The figures come from Statizoid (derived), published as part of Merchandise exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

Merchandise exports (current US$), per unit of GDP in Iceland

Name: Merchandise exports (current US$), per unit of GDP in Iceland
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Iceland: Merchandise exports (current US$), per unit of GDP was 0.1858 current US$ per US$ of GDP in 2025. ▬ Flat

Latest (2025)

0.1858 current US$ per US$ of GDP

Change on year

down 11.1%

World rank

112th

of 203 countries

All-time high

0.3473 current US$ per US$ of GDP

in 2011

All-time low

0.1486 current US$ per US$ of GDP

in 1967

Years of data

1960–2025

Merchandise exports (current US$), per unit of GDP in Iceland, 1960–2025

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Iceland recorded 0.1858 current US$ per US$ of GDP for merchandise exports (current us$), per unit of gdp in 2025.

The figure is down 11.1% on the previous year and down 30.5% over ten years.

Over the whole period, merchandise exports (current us$), per unit of gdp in Iceland peaked at 0.3473 current US$ per US$ of GDP in 2011 and was at its lowest, 0.1486 current US$ per US$ of GDP, in 1967.

Iceland ranks 112th of 203 countries on this measure, in the middle of the range.

Merchandise exports (current US$), per unit of GDP in Iceland, year by year

Annual values for Merchandise exports (current US$), per unit of GDP in Iceland, 1960 to 2025.
Year	current US$ per US$ of GDP	Change
1960	0.2797 current US$ per US$ of GDP	—
1961	0.285 current US$ per US$ of GDP	+1.9%
1962	0.2806 current US$ per US$ of GDP	-1.5%
1963	0.2631 current US$ per US$ of GDP	-6.2%
1964	0.2433 current US$ per US$ of GDP	-7.5%
1965	0.2345 current US$ per US$ of GDP	-3.6%
1966	0.2119 current US$ per US$ of GDP	-9.6%
1967	0.1486 current US$ per US$ of GDP	-29.9%
1968	0.1605 current US$ per US$ of GDP	+8.0%
1969	0.2479 current US$ per US$ of GDP	+54.4%
1970	0.2697 current US$ per US$ of GDP	+8.8%
1971	0.2162 current US$ per US$ of GDP	-19.8%
1972	0.2175 current US$ per US$ of GDP	+0.6%
1973	0.2427 current US$ per US$ of GDP	+11.6%
1974	0.2111 current US$ per US$ of GDP	-13.0%
1975	0.2102 current US$ per US$ of GDP	-0.4%
1976	0.2321 current US$ per US$ of GDP	+10.4%
1977	0.224 current US$ per US$ of GDP	-3.5%
1978	0.2466 current US$ per US$ of GDP	+10.1%
1979	0.2648 current US$ per US$ of GDP	+7.4%
1980	0.2623 current US$ per US$ of GDP	-0.9%
1981	0.2473 current US$ per US$ of GDP	-5.7%
1982	0.2064 current US$ per US$ of GDP	-16.5%
1983	0.2585 current US$ per US$ of GDP	+25.2%
1984	0.2493 current US$ per US$ of GDP	-3.6%
1985	0.2639 current US$ per US$ of GDP	+5.9%
1986	0.2662 current US$ per US$ of GDP	+0.9%
1987	0.2407 current US$ per US$ of GDP	-9.6%
1988	0.2253 current US$ per US$ of GDP	-6.4%
1989	0.2359 current US$ per US$ of GDP	+4.7%
1990	0.2378 current US$ per US$ of GDP	+0.8%
1991	0.2166 current US$ per US$ of GDP	-8.9%
1992	0.2085 current US$ per US$ of GDP	-3.7%
1993	0.2174 current US$ per US$ of GDP	+4.3%
1994	0.2454 current US$ per US$ of GDP	+12.9%
1995	0.2444 current US$ per US$ of GDP	-0.4%
1996	0.2468 current US$ per US$ of GDP	+1.0%
1997	0.2399 current US$ per US$ of GDP	-2.8%
1998	0.2236 current US$ per US$ of GDP	-6.8%
1999	0.22 current US$ per US$ of GDP	-1.6%
2000	0.208 current US$ per US$ of GDP	-5.5%
2001	0.2426 current US$ per US$ of GDP	+16.6%
2002	0.2367 current US$ per US$ of GDP	-2.4%
2003	0.2059 current US$ per US$ of GDP	-13.0%
2004	0.2033 current US$ per US$ of GDP	-1.3%
2005	0.1803 current US$ per US$ of GDP	-11.3%
2006	0.1954 current US$ per US$ of GDP	+8.4%
2007	0.2178 current US$ per US$ of GDP	+11.5%
2008	0.2949 current US$ per US$ of GDP	+35.4%
2009	0.3071 current US$ per US$ of GDP	+4.1%
2010	0.3307 current US$ per US$ of GDP	+7.7%
2011	0.3473 current US$ per US$ of GDP	+5.0%
2012	0.3389 current US$ per US$ of GDP	-2.4%
2013	0.3077 current US$ per US$ of GDP	-9.2%
2014	0.2799 current US$ per US$ of GDP	-9.0%
2015	0.2673 current US$ per US$ of GDP	-4.5%
2016	0.2104 current US$ per US$ of GDP	-21.3%
2017	0.1947 current US$ per US$ of GDP	-7.5%
2018	0.2083 current US$ per US$ of GDP	+7.0%
2019	0.209 current US$ per US$ of GDP	+0.4%
2020	0.2079 current US$ per US$ of GDP	-0.5%
2021	0.2282 current US$ per US$ of GDP	+9.7%
2022	0.2533 current US$ per US$ of GDP	+11.0%
2023	0.2142 current US$ per US$ of GDP	-15.4%
2024	0.209 current US$ per US$ of GDP	-2.4%
2025	0.1858 current US$ per US$ of GDP	-11.1%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.2355 current US$ per US$ of GDP	0.1486 current US$ per US$ of GDP	0.285 current US$ per US$ of GDP	10
1970s	0.2335 current US$ per US$ of GDP	0.2102 current US$ per US$ of GDP	0.2697 current US$ per US$ of GDP	10
1980s	0.2456 current US$ per US$ of GDP	0.2064 current US$ per US$ of GDP	0.2662 current US$ per US$ of GDP	10
1990s	0.23 current US$ per US$ of GDP	0.2085 current US$ per US$ of GDP	0.2468 current US$ per US$ of GDP	10
2000s	0.2292 current US$ per US$ of GDP	0.1803 current US$ per US$ of GDP	0.3071 current US$ per US$ of GDP	10
2010s	0.2694 current US$ per US$ of GDP	0.1947 current US$ per US$ of GDP	0.3473 current US$ per US$ of GDP	10
2020s	0.2164 current US$ per US$ of GDP	0.1858 current US$ per US$ of GDP	0.2533 current US$ per US$ of GDP	6

Countries ranked near Iceland

109 Myanmar 0.1873 current US$ per US$ of GDP compare
110 Chad 0.1863 current US$ per US$ of GDP compare
111 Republic of Moldova 0.1859 current US$ per US$ of GDP compare
113 Luxembourg 0.1818 current US$ per US$ of GDP compare
114 Fiji 0.1817 current US$ per US$ of GDP compare
115 New Zealand 0.1769 current US$ per US$ of GDP compare

See the full ranking of 250 places →

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$), annual growth rate 3.33 % change on previous year (2025)
Merchandise imports (current US$), per capita 27,890 current US$ per person (2025)

All data for Iceland →

Frequently asked questions

What is merchandise exports (current us$), per unit of gdp in Iceland?: Merchandise exports (current us$), per unit of gdp in Iceland was 0.1858 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest merchandise exports (current us$), per unit of gdp recorded in Iceland?: The highest recorded value was 0.3473 current US$ per US$ of GDP in 2011.
What is the lowest merchandise exports (current us$), per unit of gdp recorded in Iceland?: The lowest recorded value was 0.1486 current US$ per US$ of GDP in 1967.
How does Iceland rank for merchandise exports (current us$), per unit of gdp?: Iceland ranks 112th out of 203 countries with data for 2025.
Is merchandise exports (current us$), per unit of gdp rising or falling in Iceland?: Over the last ten years it is down 30.5%. The long-run trend across the full record is flat.
Where does this Iceland data come from?: The figures come from Statizoid (derived), published as part of Merchandise exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise exports (current US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 23 August 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-current-us-per-unit-of-gdp/iceland/

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How this figure is calculated

Merchandise exports (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.

Merchandise exports (current US$) ÷ GDP (current US$)

Computed from

Merchandise exports World Trade Organization (WTO)
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

Indicator: Merchandise exports (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 250 places, 13,939 data points, 1960–2025
Last refreshed: 18 August 2026

Merchandise exports (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.