Merchandise imports (current US$), per capita in Iceland
Iceland: Merchandise imports (current US$), per capita was 27,890 current US$ per person in 2025. ◆ Volatile
Merchandise imports (current US$), per capita in Iceland, 1960–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Iceland recorded 27,890 current US$ per person for merchandise imports (current us$), per capita in 2025. That is the highest value across all 66 years on record.
That represents a change of up 9.9% on the previous year and up 74.1% over ten years.
Over the whole period, merchandise imports (current us$), per capita in Iceland peaked at 27,890 current US$ per person in 2025 and was at its lowest, 452.44 current US$ per person, in 1961.
Iceland ranks 12th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports (current US$), per capita in Iceland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1960 | 552.47 current US$ per person | — |
| 1961 | 452.44 current US$ per person | -18.1% |
| 1962 | 488 current US$ per person | +7.9% |
| 1963 | 592.5 current US$ per person | +21.4% |
| 1964 | 693.18 current US$ per person | +17.0% |
| 1965 | 712.48 current US$ per person | +2.8% |
| 1966 | 813.01 current US$ per person | +14.1% |
| 1967 | 815.09 current US$ per person | +0.3% |
| 1968 | 665.05 current US$ per person | -18.4% |
| 1969 | 604.81 current US$ per person | -9.1% |
| 1970 | 767.96 current US$ per person | +27.0% |
| 1971 | 1,019 current US$ per person | +32.7% |
| 1972 | 1,105 current US$ per person | +8.4% |
| 1973 | 1,691 current US$ per person | +53.1% |
| 1974 | 2,407 current US$ per person | +42.4% |
| 1975 | 2,220 current US$ per person | -7.8% |
| 1976 | 2,121 current US$ per person | -4.5% |
| 1977 | 2,728 current US$ per person | +28.6% |
| 1978 | 3,020 current US$ per person | +10.7% |
| 1979 | 3,610 current US$ per person | +19.6% |
| 1980 | 4,379 current US$ per person | +21.3% |
| 1981 | 4,438 current US$ per person | +1.3% |
| 1982 | 4,037 current US$ per person | -9.0% |
| 1983 | 3,452 current US$ per person | -14.5% |
| 1984 | 3,511 current US$ per person | +1.7% |
| 1985 | 3,749 current US$ per person | +6.8% |
| 1986 | 4,602 current US$ per person | +22.7% |
| 1987 | 6,467 current US$ per person | +40.5% |
| 1988 | 6,395 current US$ per person | -1.1% |
| 1989 | 5,541 current US$ per person | -13.4% |
| 1990 | 6,593 current US$ per person | +19.0% |
| 1991 | 6,827 current US$ per person | +3.6% |
| 1992 | 6,451 current US$ per person | -5.5% |
| 1993 | 5,085 current US$ per person | -21.2% |
| 1994 | 5,533 current US$ per person | +8.8% |
| 1995 | 6,573 current US$ per person | +18.8% |
| 1996 | 7,593 current US$ per person | +15.5% |
| 1997 | 7,443 current US$ per person | -2.0% |
| 1998 | 9,057 current US$ per person | +21.7% |
| 1999 | 9,071 current US$ per person | +0.2% |
| 2000 | 9,207 current US$ per person | +1.5% |
| 2001 | 7,962 current US$ per person | -13.5% |
| 2002 | 7,912 current US$ per person | -0.6% |
| 2003 | 9,764 current US$ per person | +23.4% |
| 2004 | 12,473 current US$ per person | +27.7% |
| 2005 | 16,779 current US$ per person | +34.5% |
| 2006 | 20,202 current US$ per person | +20.4% |
| 2007 | 21,626 current US$ per person | +7.0% |
| 2008 | 19,549 current US$ per person | -9.6% |
| 2009 | 11,316 current US$ per person | -42.1% |
| 2010 | 12,326 current US$ per person | +8.9% |
| 2011 | 15,175 current US$ per person | +23.1% |
| 2012 | 14,879 current US$ per person | -1.9% |
| 2013 | 15,505 current US$ per person | +4.2% |
| 2014 | 16,418 current US$ per person | +5.9% |
| 2015 | 16,018 current US$ per person | -2.4% |
| 2016 | 16,903 current US$ per person | +5.5% |
| 2017 | 20,282 current US$ per person | +20.0% |
| 2018 | 21,771 current US$ per person | +7.3% |
| 2019 | 18,213 current US$ per person | -16.3% |
| 2020 | 15,546 current US$ per person | -14.6% |
| 2021 | 20,984 current US$ per person | +35.0% |
| 2022 | 25,107 current US$ per person | +19.6% |
| 2023 | 24,529 current US$ per person | -2.3% |
| 2024 | 25,379 current US$ per person | +3.5% |
| 2025 | 27,890 current US$ per person | +9.9% |
Iceland compared with similar countries
- Iceland's 27,890 current US$ per person is above the median for high income countries, which is 12,944 current US$ per person, 2.2× the median. (77 countries reporting)
- Iceland's 27,890 current US$ per person is above the median for Europe & Central Asia, which is 11,552 current US$ per person, 2.4× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 638.9 current US$ per person | 452.44 current US$ per person | 815.09 current US$ per person | 10 |
| 1970s | 2,069 current US$ per person | 767.96 current US$ per person | 3,610 current US$ per person | 10 |
| 1980s | 4,657 current US$ per person | 3,452 current US$ per person | 6,467 current US$ per person | 10 |
| 1990s | 7,023 current US$ per person | 5,085 current US$ per person | 9,071 current US$ per person | 10 |
| 2000s | 13,679 current US$ per person | 7,912 current US$ per person | 21,626 current US$ per person | 10 |
| 2010s | 16,749 current US$ per person | 12,326 current US$ per person | 21,771 current US$ per person | 10 |
| 2020s | 23,239 current US$ per person | 15,546 current US$ per person | 27,890 current US$ per person | 6 |
Countries ranked near Iceland
- 9 Faroe Islands 30,346 current US$ per person compare
- 10 Sint Maarten (Dutch part) 29,643 current US$ per person compare
- 11 Ireland 29,031 current US$ per person compare
- 13 Cayman Islands 27,807 current US$ per person compare
- 14 Saint Martin (French Part) 26,902 current US$ per person compare
- 15 Andorra 26,332 current US$ per person 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$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports (current us$), per capita in Iceland?
- Merchandise imports (current us$), per capita in Iceland was 27,890 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest merchandise imports (current us$), per capita recorded in Iceland?
- The highest recorded value was 27,890 current US$ per person in 2025.
- What is the lowest merchandise imports (current us$), per capita recorded in Iceland?
- The lowest recorded value was 452.44 current US$ per person in 1961.
- How does Iceland rank for merchandise imports (current us$), per capita?
- Iceland ranks 12th out of 206 countries with data for 2025.
- Is merchandise imports (current us$), per capita rising or falling in Iceland?
- Over the last ten years it is up 74.1%. 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Merchandise imports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise imports (current US$) ÷ Population, total
Computed from
- Merchandise imports World Trade Organization (WTO)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.