Extensive Margin, Theil index in Iceland
Iceland: Extensive Margin, Theil index was 0.1393 in 2014. ▼ Falling
Extensive Margin, Theil index in Iceland, 1962–2014
Source: International Monetary Fund.
Analysis
The most recent figure for extensive margin, theil index in Iceland is 0.1393, measured in 2014. That is the lowest value across all 53 years on record.
That represents a change of down 62.5% on the previous year and down 79.2% over ten years.
Over the whole period, extensive margin, theil index in Iceland peaked at 1.59 in 1962 and was at its lowest, 0.1393, in 2014.
That places Iceland 92nd out of 189 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Extensive Margin, Theil index in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 1.59 | — |
| 1963 | 1.57 | -0.9% |
| 1964 | 1.56 | -0.9% |
| 1965 | 1.55 | -0.2% |
| 1966 | 1.56 | +0.2% |
| 1967 | 1.18 | -24.3% |
| 1968 | 1.51 | +28.5% |
| 1969 | 1.23 | -18.7% |
| 1970 | 1.02 | -17.3% |
| 1971 | 1.1 | +7.8% |
| 1972 | 0.9101 | -17.2% |
| 1973 | 0.8722 | -4.2% |
| 1974 | 0.8276 | -5.1% |
| 1975 | 1.02 | +23.7% |
| 1976 | 0.8043 | -21.5% |
| 1977 | 0.891 | +10.8% |
| 1978 | 0.9718 | +9.1% |
| 1979 | 0.9363 | -3.7% |
| 1980 | 1.1 | +17.4% |
| 1981 | 0.991 | -9.9% |
| 1982 | 1.08 | +9.0% |
| 1983 | 0.8008 | -25.9% |
| 1984 | 0.9007 | +12.5% |
| 1985 | 1.04 | +15.0% |
| 1986 | 1.08 | +4.5% |
| 1987 | 1.06 | -2.0% |
| 1988 | 1.03 | -2.6% |
| 1989 | 1 | -2.9% |
| 1990 | 1.07 | +6.9% |
| 1991 | 1.13 | +4.9% |
| 1992 | 1.1 | -1.9% |
| 1993 | 1.12 | +1.1% |
| 1994 | 1.03 | -8.1% |
| 1995 | 1.04 | +1.3% |
| 1996 | 1.09 | +5.4% |
| 1997 | 0.9879 | -9.7% |
| 1998 | 0.9411 | -4.7% |
| 1999 | 0.8224 | -12.6% |
| 2000 | 0.7073 | -14.0% |
| 2001 | 0.775 | +9.6% |
| 2002 | 0.73 | -5.8% |
| 2003 | 0.6732 | -7.8% |
| 2004 | 0.6692 | -0.6% |
| 2005 | 0.6769 | +1.2% |
| 2006 | 0.5377 | -20.6% |
| 2007 | 0.4133 | -23.1% |
| 2008 | 0.4095 | -0.9% |
| 2009 | 0.4308 | +5.2% |
| 2010 | 0.1737 | -59.7% |
| 2011 | 0.1843 | +6.1% |
| 2012 | 0.1922 | +4.3% |
| 2013 | 0.3709 | +93.0% |
| 2014 | 0.1393 | -62.5% |
Iceland compared with similar countries
- Iceland's 0.1393 is above the median for high income countries, which is 0.093, 1.5× the median. (62 countries reporting)
- Iceland's 0.1393 is above the median for Europe & Central Asia, which is 0.073, 1.9× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Extensive Margin, Theil index in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +93.0% | 0.1922 | 0.3709 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.47 | 1.18 | 1.59 | 8 |
| 1970s | 0.9356 | 0.8043 | 1.1 | 10 |
| 1980s | 1.01 | 0.8008 | 1.1 | 10 |
| 1990s | 1.03 | 0.8224 | 1.13 | 10 |
| 2000s | 0.6023 | 0.4095 | 0.775 | 10 |
| 2010s | 0.2121 | 0.1393 | 0.3709 | 5 |
Countries ranked near Iceland
More trade data for Iceland
- Commodity Net Export Price Index, Individual Commodities Weighted by 137.33 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.33 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 106.92 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 138.52 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.7 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.38 (2025)
- Imports of low carbon technology products, Percent of GDP 1.91 (2024)
- Imports of low carbon technology products, US dollar (World), per 1,639 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0191 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 28.87 million (2024)
Frequently asked questions
- What is extensive margin, theil index in Iceland?
- Extensive margin, theil index in Iceland was 0.1393 in 2014, according to International Monetary Fund.
- What is the highest extensive margin, theil index recorded in Iceland?
- The highest recorded value was 1.59 in 1962.
- What is the lowest extensive margin, theil index recorded in Iceland?
- The lowest recorded value was 0.1393 in 2014.
- How does Iceland rank for extensive margin, theil index?
- Iceland ranks 92nd out of 189 countries with data for 2014.
- Is extensive margin, theil index rising or falling in Iceland?
- Over the last ten years it is down 79.2%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Extensive Margin, Theil index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.