Merchandise imports by the reporting economy (current US$), per in Iceland
Iceland: Merchandise imports by the reporting economy (current US$), per was 94,043 current US$ per square kilometre in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), per in Iceland, 1961–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, merchandise imports by the reporting economy (current us$), per in Iceland stood at 94,043 current US$ per square kilometre.
Compared with earlier readings it is down 2.3% on the previous year and up 87.8% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), per in Iceland peaked at 96,272 current US$ per square kilometre in 2022 and was at its lowest, 564.59 current US$ per square kilometre, in 1961.
That places Iceland 124th out of 204 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 imports by the reporting economy (current US$), per in Iceland, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1961 | 564.59 current US$ per square kilometre | — |
| 1962 | 730.17 current US$ per square kilometre | +29.3% |
| 1963 | 907.73 current US$ per square kilometre | +24.3% |
| 1964 | 1,116 current US$ per square kilometre | +23.0% |
| 1965 | 1,162 current US$ per square kilometre | +4.1% |
| 1966 | 1,404 current US$ per square kilometre | +20.9% |
| 1967 | 1,400 current US$ per square kilometre | -0.3% |
| 1968 | 1,181 current US$ per square kilometre | -15.7% |
| 1969 | 1,078 current US$ per square kilometre | -8.7% |
| 1970 | 1,380 current US$ per square kilometre | +28.0% |
| 1971 | 1,866 current US$ per square kilometre | +35.2% |
| 1972 | 2,096 current US$ per square kilometre | +12.3% |
| 1973 | 3,142 current US$ per square kilometre | +49.9% |
| 1974 | 4,502 current US$ per square kilometre | +43.3% |
| 1975 | 4,147 current US$ per square kilometre | -7.9% |
| 1976 | 3,912 current US$ per square kilometre | -5.7% |
| 1977 | 5,274 current US$ per square kilometre | +34.8% |
| 1978 | 5,917 current US$ per square kilometre | +12.2% |
| 1979 | 6,879 current US$ per square kilometre | +16.3% |
| 1980 | 8,680 current US$ per square kilometre | +26.2% |
| 1981 | 9,036 current US$ per square kilometre | +4.1% |
| 1982 | 8,253 current US$ per square kilometre | -8.7% |
| 1983 | 7,068 current US$ per square kilometre | -14.4% |
| 1984 | 7,343 current US$ per square kilometre | +3.9% |
| 1985 | 7,994 current US$ per square kilometre | +8.9% |
| 1986 | 10,194 current US$ per square kilometre | +27.5% |
| 1987 | 14,652 current US$ per square kilometre | +43.7% |
| 1988 | 14,972 current US$ per square kilometre | +2.2% |
| 1989 | 12,964 current US$ per square kilometre | -13.4% |
| 1990 | 15,530 current US$ per square kilometre | +19.8% |
| 1991 | 16,092 current US$ per square kilometre | +3.6% |
| 1992 | 16,393 current US$ per square kilometre | +1.9% |
| 1993 | 13,198 current US$ per square kilometre | -19.5% |
| 1994 | 14,310 current US$ per square kilometre | +8.4% |
| 1995 | 17,158 current US$ per square kilometre | +19.9% |
| 1996 | 19,879 current US$ per square kilometre | +15.9% |
| 1997 | 20,288 current US$ per square kilometre | +2.1% |
| 1998 | 24,531 current US$ per square kilometre | +20.9% |
| 1999 | 25,092 current US$ per square kilometre | +2.3% |
| 2000 | 25,787 current US$ per square kilometre | +2.8% |
| 2001 | 22,686 current US$ per square kilometre | -12.0% |
| 2002 | 22,689 current US$ per square kilometre | +0.0% |
| 2003 | 28,218 current US$ per square kilometre | +24.4% |
| 2004 | 36,955 current US$ per square kilometre | +31.0% |
| 2005 | 48,346 current US$ per square kilometre | +30.8% |
| 2006 | 61,166 current US$ per square kilometre | +26.5% |
| 2007 | 66,130 current US$ per square kilometre | +8.1% |
| 2008 | 61,849 current US$ per square kilometre | -6.5% |
| 2009 | 35,948 current US$ per square kilometre | -41.9% |
| 2010 | 38,901 current US$ per square kilometre | +8.2% |
| 2011 | 47,871 current US$ per square kilometre | +23.1% |
| 2012 | 47,601 current US$ per square kilometre | -0.6% |
| 2013 | 50,072 current US$ per square kilometre | +5.2% |
| 2014 | 53,613 current US$ per square kilometre | +7.1% |
| 2015 | 52,962 current US$ per square kilometre | -1.2% |
| 2016 | 56,803 current US$ per square kilometre | +7.3% |
| 2017 | 69,022 current US$ per square kilometre | +21.5% |
| 2018 | 75,973 current US$ per square kilometre | +10.1% |
| 2019 | 65,009 current US$ per square kilometre | -14.4% |
| 2020 | 42,323 current US$ per square kilometre | -34.9% |
| 2021 | 77,794 current US$ per square kilometre | +83.8% |
| 2022 | 96,272 current US$ per square kilometre | +23.8% |
| 2023 | 94,043 current US$ per square kilometre | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,061 current US$ per square kilometre | 564.59 current US$ per square kilometre | 1,404 current US$ per square kilometre | 9 |
| 1970s | 3,912 current US$ per square kilometre | 1,380 current US$ per square kilometre | 6,879 current US$ per square kilometre | 10 |
| 1980s | 10,116 current US$ per square kilometre | 7,068 current US$ per square kilometre | 14,972 current US$ per square kilometre | 10 |
| 1990s | 18,247 current US$ per square kilometre | 13,198 current US$ per square kilometre | 25,092 current US$ per square kilometre | 10 |
| 2000s | 40,977 current US$ per square kilometre | 22,686 current US$ per square kilometre | 66,130 current US$ per square kilometre | 10 |
| 2010s | 55,783 current US$ per square kilometre | 38,901 current US$ per square kilometre | 75,973 current US$ per square kilometre | 10 |
| 2020s | 77,608 current US$ per square kilometre | 42,323 current US$ per square kilometre | 96,272 current US$ per square kilometre | 4 |
Countries ranked near Iceland
- 121 Ukraine 109,582 current US$ per square kilometre compare
- 122 Bhutan 100,144 current US$ per square kilometre compare
- 123 Saudi Arabia 98,004 current US$ per square kilometre compare
- 125 South Africa 92,709 current US$ per square kilometre compare
- 126 Nepal 84,000 current US$ per square kilometre compare
- 127 Uzbekistan 81,670 current US$ per square kilometre 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$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), per in Iceland?
- Merchandise imports by the reporting economy (current us$), per in Iceland was 94,043 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), per recorded in Iceland?
- The highest recorded value was 96,272 current US$ per square kilometre in 2022.
- What is the lowest merchandise imports by the reporting economy (current us$), per recorded in Iceland?
- The lowest recorded value was 564.59 current US$ per square kilometre in 1961.
- How does Iceland rank for merchandise imports by the reporting economy (current us$), per?
- Iceland ranks 124th out of 204 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), per rising or falling in Iceland?
- Over the last ten years it is up 87.8%. 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 imports by the reporting economy (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Merchandise imports by the reporting economy (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise imports by the reporting economy (current US$) ÷ Land area (sq. km)
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.