Exports as a capacity to import in Iceland
Iceland: Exports as a capacity to import was 1.57 trillion constant LCU in 2025. ◆ Volatile
Exports as a capacity to import in Iceland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, exports as a capacity to import in Iceland stood at 1.57 trillion constant LCU.
Compared with earlier readings it is up 4.5% on the previous year and up 22.0% over ten years.
Over the whole period, exports as a capacity to import in Iceland peaked at 1.59 trillion constant LCU in 2017 and was at its lowest, 219.13 billion constant LCU, in 1970.
That places Iceland 56th out of 178 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 297.97 billion constant LCU | 219.13 billion constant LCU | 408.54 billion constant LCU | 10 |
| 1980s | 455.12 billion constant LCU | 367.95 billion constant LCU | 549.48 billion constant LCU | 10 |
| 1990s | 552.22 billion constant LCU | 483.20 billion constant LCU | 655.50 billion constant LCU | 10 |
| 2000s | 802.03 billion constant LCU | 663.01 billion constant LCU | 959.51 billion constant LCU | 10 |
| 2010s | 1.25 trillion constant LCU | 978.00 billion constant LCU | 1.59 trillion constant LCU | 10 |
| 2020s | 1.39 trillion constant LCU | 1.02 trillion constant LCU | 1.57 trillion constant LCU | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is exports as a capacity to import in Iceland?
- Exports as a capacity to import in Iceland was 1.57 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports as a capacity to import recorded in Iceland?
- The highest recorded value was 1.59 trillion constant LCU in 2017.
- What is the lowest exports as a capacity to import recorded in Iceland?
- The lowest recorded value was 219.13 billion constant LCU in 1970.
- How does Iceland rank for exports as a capacity to import?
- Iceland ranks 56th out of 178 countries with data for 2025.
- Is exports as a capacity to import rising or falling in Iceland?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports as a capacity to import (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Exports as a capacity to import equals the current price value of exports of goods and services deflated by the import price index. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.