Iceland Trade to GDP Ratio 1960-2024
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- Iceland trade to gdp ratio for 2022 was 93.57%, a 16.87% increase from 2021.
- Iceland trade to gdp ratio for 2021 was 76.70%, a 8.68% increase from 2020.
- Iceland trade to gdp ratio for 2020 was 68.02%, a 14.85% decline from 2019.
- Iceland trade to gdp ratio for 2019 was 82.86%, a 5.77% decline from 2018.
| Iceland Trade to GDP Ratio - Historical Data | ||
|---|---|---|
| Year | Trade (% of GDP) | Annual Change |
| 2022 | 93.57% | 16.87% |
| 2021 | 76.70% | 8.68% |
| 2020 | 68.02% | -14.85% |
| 2019 | 82.86% | -5.77% |
| 2018 | 88.64% | 1.66% |
| 2017 | 86.98% | -1.35% |
| 2016 | 88.33% | -7.49% |
| 2015 | 95.82% | -0.85% |
| 2014 | 96.67% | -2.12% |
| 2013 | 98.79% | -5.30% |
| 2012 | 104.09% | 2.68% |
| 2011 | 101.41% | 7.76% |
| 2010 | 93.65% | 4.25% |
| 2009 | 89.39% | 6.71% |
| 2008 | 82.69% | 8.02% |
| 2007 | 74.67% | -2.87% |
| 2006 | 77.54% | 5.09% |
| 2005 | 72.45% | 2.02% |
| 2004 | 70.43% | 2.23% |
| 2003 | 68.20% | -1.23% |
| 2002 | 69.43% | -5.30% |
| 2001 | 74.73% | 3.60% |
| 2000 | 71.14% | 1.71% |
| 1999 | 69.43% | -2.45% |
| 1998 | 71.88% | 1.28% |
| 1997 | 70.61% | -0.50% |
| 1996 | 71.11% | 4.56% |
| 1995 | 66.55% | 1.05% |
| 1994 | 65.50% | 3.94% |
| 1993 | 61.56% | 1.68% |
| 1992 | 59.88% | -3.12% |
| 1991 | 63.00% | -2.11% |
| 1990 | 65.11% | 1.16% |
| 1989 | 63.95% | 0.38% |
| 1988 | 63.56% | -5.12% |
| 1987 | 68.68% | -3.66% |
| 1986 | 72.34% | -6.92% |
| 1985 | 79.26% | 4.21% |
| 1984 | 75.05% | -1.14% |
| 1983 | 76.19% | 8.02% |
| 1982 | 68.17% | -1.60% |
| 1981 | 69.77% | -0.26% |
| 1980 | 70.03% | -3.70% |
| 1979 | 73.73% | 4.59% |
| 1978 | 69.14% | 3.41% |
| 1977 | 65.73% | -2.05% |
| 1976 | 67.78% | -6.16% |
| 1975 | 73.95% | 2.37% |
| 1974 | 71.58% | -0.62% |
| 1973 | 72.20% | 1.33% |
| 1972 | 70.87% | -9.36% |
| 1971 | 80.23% | -6.84% |
| 1970 | 87.07% | 87.07% |
| 1969 | 0.00% | 0.00% |
| 1968 | 0.00% | 0.00% |
| 1967 | 0.00% | 0.00% |
| 1966 | 0.00% | 0.00% |
| 1965 | 0.00% | 0.00% |
| 1964 | 0.00% | 0.00% |
| 1963 | 0.00% | 0.00% |
| 1962 | 0.00% | 0.00% |
| 1961 | 0.00% | 0.00% |
| 1960 | 0.00% | 0.00% |