Iceland—Exports of Goods & Services (% of GDP)
Category: TradeSource: World Bank World Development Indicators ↗Global Rank: #73 of 183Updated April 2026
Latest Value
42.5%
2024
YoY Change
-3.8%
2023 → 2024
Global Rank
#73
of 183 countries
Maximum
54.2%
2012
Minimum
29.8%
2005
CAGR
+1.2%
25 years
Last
42.5%
Previous
44.1%
Highest
54.2%
Lowest
29.8%
Source
World Bank World Development Indicators
Iceland's exports of goods & services (% of gdp) was 42.5% in 2024, ranking #73 out of 183 countries. This represents a -3.8% change from 2023. Over the past 25 years, the highest recorded value was 54.2% (2012) and the lowest was 29.8% (2005). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 42.5% | -3.8% |
| 2023 | 44.1% | -5.6% |
| 2022 | 46.7% | +25.1% |
| 2021 | 37.4% | +9.5% |
| 2020 | 34.1% | -23.7% |
| 2019 | 44.7% | -3.8% |
| 2018 | 46.5% | +1.8% |
| 2017 | 45.7% | -3.8% |
| 2016 | 47.5% | -7.5% |
| 2015 | 51.3% | +0.8% |
| 2014 | 50.9% | -3.6% |
| 2013 | 52.8% | -2.5% |
| 2012 | 54.2% | +0.4% |
| 2011 | 54.0% | +5.5% |
| 2010 | 51.1% | +5.5% |
| 2009 | 48.5% | +21.5% |
| 2008 | 39.9% | +23.3% |
| 2007 | 32.4% | +7.8% |
| 2006 | 30.1% | +0.7% |
| 2005 | 29.8% | -7.0% |
| 2004 | 32.1% | -0.5% |
| 2003 | 32.2% | -8.3% |
| 2002 | 35.1% | -3.8% |
| 2001 | 36.5% | +15.2% |
| 2000 | 31.7% |
Top Countries — Exports of Goods & Services (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Luxembourg | 191.5% | 2024 |
| 2 | San Marino | 186.0% | 2023 |
| 3 | Hong Kong SAR, China | 181.8% | 2024 |
| 4 | Singapore | 178.8% | 2024 |
| 5 | Ireland | 144.0% | 2024 |
| 6 | Djibouti | 126.4% | 2024 |
| 7 | Malta | 118.5% | 2024 |
| 8 | United Arab Emirates | 106.8% | 2023 |
| 9 | Virgin Islands (U.S.) | 97.4% | 2022 |
| 10 | Cyprus | 97.0% | 2024 |