Merchandise imports (current US$), annual growth rate in Iceland
Iceland: Merchandise imports (current US$), annual growth rate was 11.57 % change on previous year in 2025. ◆ Volatile
Merchandise imports (current US$), annual growth rate in Iceland, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 11.57 % change on previous year for merchandise imports (current us$), annual growth rate in 2025.
Compared with earlier readings it is up 213.6% on the previous year and up 918.3% over ten years.
Over the whole period, merchandise imports (current us$), annual growth rate in Iceland peaked at 55.41 % change on previous year in 1973 and was at its lowest, -41.92 % change on previous year, in 2009.
Iceland ranks 54th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports (current US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -16.49 % change on previous year | — |
| 1962 | 9.88 % change on previous year | -159.9% |
| 1963 | 23.6 % change on previous year | +138.9% |
| 1964 | 19.09 % change on previous year | -19.1% |
| 1965 | 4.58 % change on previous year | -76.0% |
| 1966 | 16.06 % change on previous year | +250.6% |
| 1967 | 1.89 % change on previous year | -88.3% |
| 1968 | -17.28 % change on previous year | -1016.1% |
| 1969 | -8.21 % change on previous year | -52.5% |
| 1970 | 27.64 % change on previous year | -436.7% |
| 1971 | 33.76 % change on previous year | +22.1% |
| 1972 | 10 % change on previous year | -70.4% |
| 1973 | 55.41 % change on previous year | +454.1% |
| 1974 | 44.29 % change on previous year | -20.1% |
| 1975 | -6.56 % change on previous year | -114.8% |
| 1976 | -3.51 % change on previous year | -46.5% |
| 1977 | 29.55 % change on previous year | -941.3% |
| 1978 | 11.57 % change on previous year | -60.8% |
| 1979 | 20.74 % change on previous year | +79.3% |
| 1980 | 22.58 % change on previous year | +8.9% |
| 1981 | 2.5 % change on previous year | -88.9% |
| 1982 | -7.81 % change on previous year | -412.2% |
| 1983 | -13.35 % change on previous year | +70.8% |
| 1984 | 2.81 % change on previous year | -121.1% |
| 1985 | 7.61 % change on previous year | +170.7% |
| 1986 | 23.65 % change on previous year | +210.7% |
| 1987 | 42.09 % change on previous year | +78.0% |
| 1988 | 0.4403 % change on previous year | -99.0% |
| 1989 | -12.27 % change on previous year | -2887.7% |
| 1990 | 19.91 % change on previous year | -262.3% |
| 1991 | 4.76 % change on previous year | -76.1% |
| 1992 | -4.32 % change on previous year | -190.7% |
| 1993 | -20.37 % change on previous year | +371.7% |
| 1994 | 9.77 % change on previous year | -148.0% |
| 1995 | 19.43 % change on previous year | +98.9% |
| 1996 | 16.15 % change on previous year | -16.9% |
| 1997 | -1.18 % change on previous year | -107.3% |
| 1998 | 22.99 % change on previous year | -2056.3% |
| 1999 | 1.37 % change on previous year | -94.0% |
| 2000 | 2.9 % change on previous year | +111.8% |
| 2001 | -12.36 % change on previous year | -526.0% |
| 2002 | 0.2644 % change on previous year | -102.1% |
| 2003 | 24.26 % change on previous year | +9075.7% |
| 2004 | 28.86 % change on previous year | +19.0% |
| 2005 | 36.67 % change on previous year | +27.1% |
| 2006 | 23.26 % change on previous year | -36.6% |
| 2007 | 9.79 % change on previous year | -57.9% |
| 2008 | -7.91 % change on previous year | -180.8% |
| 2009 | -41.92 % change on previous year | +429.9% |
| 2010 | 8.77 % change on previous year | -120.9% |
| 2011 | 23.49 % change on previous year | +168.0% |
| 2012 | -1.43 % change on previous year | -106.1% |
| 2013 | 5.2 % change on previous year | -464.6% |
| 2014 | 7.07 % change on previous year | +36.1% |
| 2015 | -1.41 % change on previous year | -120.0% |
| 2016 | 7 % change on previous year | -595.2% |
| 2017 | 22.84 % change on previous year | +226.2% |
| 2018 | 10.25 % change on previous year | -55.1% |
| 2019 | -14.48 % change on previous year | -241.3% |
| 2020 | -13.25 % change on previous year | -8.5% |
| 2021 | 37.21 % change on previous year | -380.9% |
| 2022 | 22.69 % change on previous year | -39.0% |
| 2023 | -1.37 % change on previous year | -106.0% |
| 2024 | 3.69 % change on previous year | -370.1% |
| 2025 | 11.57 % change on previous year | +213.6% |
Iceland compared with similar countries
- Iceland's 11.57 % change on previous year is above the median for high income countries, which is 7.06 % change on previous year, 1.6× the median. (77 countries reporting)
- Iceland's 11.57 % change on previous year is above the median for Europe & Central Asia, which is 8.65 % change on previous year, 1.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports (current US$), annual growth rate in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +9075.7% | 0.2644 % change on previous year | 24.26 % change on previous year |
| 1989 | -2887.7% | 0.4403 % change on previous year | -12.27 % change on previous year |
| 1998 | +2056.3% | -1.18 % change on previous year | 22.99 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.68 % change on previous year | -17.28 % change on previous year | 23.6 % change on previous year | 9 |
| 1970s | 22.29 % change on previous year | -6.56 % change on previous year | 55.41 % change on previous year | 10 |
| 1980s | 6.82 % change on previous year | -13.35 % change on previous year | 42.09 % change on previous year | 10 |
| 1990s | 6.85 % change on previous year | -20.37 % change on previous year | 22.99 % change on previous year | 10 |
| 2000s | 6.38 % change on previous year | -41.92 % change on previous year | 36.67 % change on previous year | 10 |
| 2010s | 6.73 % change on previous year | -14.48 % change on previous year | 23.49 % change on previous year | 10 |
| 2020s | 10.09 % change on previous year | -13.25 % change on previous year | 37.21 % change on previous year | 6 |
Countries ranked near Iceland
- 51 Cote d'Ivoire 11.94 % change on previous year compare
- 52 Serbia 11.79 % change on previous year compare
- 53 Bahamas 11.65 % change on previous year compare
- 55 Faroe Islands 11.44 % change on previous year compare
- 56 Saint Kitts and Nevis 11.41 % change on previous year compare
- 57 Paraguay 11.16 % change on previous year compare
More private sector data for Iceland
- Merchandise trade 46.9% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 71.1% (2025)
- Merchandise imports 10.94 billion current US$ (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$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports (current us$), annual growth rate in Iceland?
- Merchandise imports (current us$), annual growth rate in Iceland was 11.57 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest merchandise imports (current us$), annual growth rate recorded in Iceland?
- The highest recorded value was 55.41 % change on previous year in 1973.
- What is the lowest merchandise imports (current us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -41.92 % change on previous year in 2009.
- How does Iceland rank for merchandise imports (current us$), annual growth rate?
- Iceland ranks 54th out of 206 countries with data for 2025.
- Is merchandise imports (current us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 918.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports (current US$), 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 imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise imports World Trade Organization (WTO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Merchandise imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.