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

Latest (2025)
27,890 current US$ per person
Change on year
up 9.9%
World rank
12th
of 206 countries
All-time high
27,890 current US$ per person
in 2025
All-time low
452.44 current US$ per person
in 1961
Years of data
66
1960–2025

Merchandise imports (current US$), per capita in Iceland, 1960–2025

010.0k20.0k30.0k196019922025

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

Annual values for Merchandise imports (current US$), per capita in Iceland, 1960 to 2025.
Year current US$ 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

DecadeAverage LowestHighest 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

  1. 9 Faroe Islands 30,346 current US$ per person compare
  2. 10 Sint Maarten (Dutch part) 29,643 current US$ per person compare
  3. 11 Ireland 29,031 current US$ per person compare
  4. 13 Cayman Islands 27,807 current US$ per person compare
  5. 14 Saint Martin (French Part) 26,902 current US$ per person compare
  6. 15 Andorra 26,332 current US$ per person compare

See the full ranking of 253 places →

More private sector data for Iceland

All data for Iceland →

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.

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Merchandise imports (current US$), per capita in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 04 October 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-current-us-per-capita/iceland/

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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

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 imports (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 14,842 data points, 1960–2025
Last refreshed

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.