Goods, Debit/Expenditure in Iceland

Iceland: Goods, Debit/Expenditure was 9.30 billion in 2024. β–² Rising

Latest (2024)
9.30 billion
Change on year
up 4.0%
World rank
111th
of 198 countries
All-time high
9.30 billion
in 2024
All-time low
3.37 billion
in 2009
Years of data
20
2005–2024

Goods, Debit/Expenditure in Iceland, 2005–2024

02.0B4.0B6.0B8.0B10.0B2005201420242005: 4.7B2006: 5.8B2007: 6.2B2008: 5.6B2009: 3.4B2010: 3.6B2011: 4.5B2012: 4.5B2013: 4.5B2014: 5.0B2015: 4.9B2016: 5.3B2017: 6.5B2018: 7.2B2019: 6.2B2020: 5.3B2021: 7.2B2022: 9.0B2023: 8.9B2024: 9.3B

Source: International Monetary Fund.

Analysis

In 2024, goods, debit/expenditure in Iceland stood at 9.30 billion. That is the highest value across all 20 years on record.

The figure is up 4.0% on the previous year and up 87.6% over ten years.

Over the whole period, goods, debit/expenditure in Iceland peaked at 9.30 billion in 2024 and was at its lowest, 3.37 billion, in 2009.

Iceland ranks 111th of 198 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.14 billion 3.37 billion 6.22 billion 5
2010s 5.23 billion 3.60 billion 7.18 billion 10
2020s 7.95 billion 5.32 billion 9.30 billion 5

Countries ranked near Iceland

  1. 108 Nicaragua 10.13 billion compare
  2. 109 Zambia 10.07 billion compare
  3. 110 Sudan 9.99 billion compare
  4. 112 Kyrgyz Republic 9.17 billion compare
  5. 113 Bolivia 9.15 billion compare
  6. 114 Zimbabwe 9.06 billion compare

See the full ranking of 207 places β†’

More trade data for Iceland

All data for Iceland β†’

Frequently asked questions

What is goods, debit/expenditure in Iceland?
Goods, debit/expenditure in Iceland was 9.30 billion in 2024, according to International Monetary Fund.
What is the highest goods, debit/expenditure recorded in Iceland?
The highest recorded value was 9.30 billion in 2024.
What is the lowest goods, debit/expenditure recorded in Iceland?
The lowest recorded value was 3.37 billion in 2009.
How does Iceland rank for goods, debit/expenditure?
Iceland ranks 111th out of 198 countries with data for 2024.
Is goods, debit/expenditure rising or falling in Iceland?
Over the last ten years it is up 87.6%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Goods, Debit/Expenditure in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/goods-debit-expenditure-us-dollar/iceland/

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About this data

Indicator
Goods, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.