Transport services (% of commercial service exports) in Iceland
Iceland: Transport services (% of commercial service exports) was 26.4% in 2025. ▼ Falling
Transport services in Iceland, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2025, transport services in Iceland stood at 26.4%.
That represents a change of down 8.0% on the previous year and down 25.8% over ten years.
Over the whole period, transport services in Iceland peaked at 73.4% in 1982 and was at its lowest, 24.3%, in 2020.
Iceland ranks 57th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Transport services (% of commercial service exports) in Iceland, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1976 | 69.0% | — |
| 1977 | 70.3% | +2.0% |
| 1978 | 72.1% | +2.5% |
| 1979 | 69.2% | -4.0% |
| 1980 | 67.4% | -2.6% |
| 1981 | 71.0% | +5.3% |
| 1982 | 73.4% | +3.4% |
| 1983 | 68.0% | -7.4% |
| 1984 | 65.8% | -3.2% |
| 1985 | 69.7% | +5.9% |
| 1986 | 62.1% | -10.9% |
| 1987 | 53.9% | -13.3% |
| 1988 | 52.7% | -2.1% |
| 1989 | 52.1% | -1.1% |
| 1990 | 50.7% | -2.6% |
| 1991 | 49.7% | -2.1% |
| 1992 | 45.9% | -7.6% |
| 1993 | 46.8% | +1.8% |
| 1994 | 47.3% | +1.2% |
| 2009 | 39.4% | -16.6% |
| 2010 | 39.1% | -1.0% |
| 2011 | 39.3% | +0.7% |
| 2012 | 40.1% | +1.9% |
| 2013 | 39.2% | -2.1% |
| 2014 | 38.1% | -2.9% |
| 2015 | 35.6% | -6.7% |
| 2016 | 33.2% | -6.6% |
| 2017 | 33.5% | +0.8% |
| 2018 | 33.4% | -0.3% |
| 2019 | 27.8% | -16.8% |
| 2020 | 24.3% | -12.3% |
| 2021 | 25.9% | +6.4% |
| 2022 | 27.3% | +5.5% |
| 2023 | 28.7% | +4.9% |
| 2024 | 28.7% | +0.1% |
| 2025 | 26.4% | -8.0% |
Iceland compared with similar countries
- Iceland's 26.4% is above the median for high income countries, which is 15.4%, 1.7× the median. (72 countries reporting)
- Iceland's 26.4% is above the median for Europe & Central Asia, which is 19.5%, 1.4× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 70.1% | 69.0% | 72.1% | 4 |
| 1980s | 63.6% | 52.1% | 73.4% | 10 |
| 1990s | 48.1% | 45.9% | 50.7% | 5 |
| 2000s | 39.4% | 39.4% | 39.4% | 1 |
| 2010s | 35.9% | 27.8% | 40.1% | 10 |
| 2020s | 26.9% | 24.3% | 28.7% | 6 |
Countries ranked near Iceland
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)
- Commercial service imports 5.94 billion current US$ (2025)
- Food exports 46.9% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 7.17 billion current US$ (2025)
- Commercial service exports 8.21 billion current US$ (2025)
- Merchandise exports (current US$), per capita 18,264 current US$ per person (2025)
Frequently asked questions
- What is transport services in Iceland?
- Transport services in Iceland was 26.4% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Iceland?
- The highest recorded value was 73.4% in 1982.
- What is the lowest transport services recorded in Iceland?
- The lowest recorded value was 24.3% in 2020.
- How does Iceland rank for transport services?
- Iceland ranks 57th out of 198 countries with data for 2025.
- Is transport services rising or falling in Iceland?
- Over the last ten years it is down 25.8%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Transport services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Transport is the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.