Imports of low carbon technology products, Percent of GDP in Iceland
Iceland: Imports of low carbon technology products, Percent of GDP was 1.91 in 2024. ◆ Volatile
Imports of low carbon technology products, Percent of GDP in Iceland, 1994–2024
Source: International Monetary Fund.
Analysis
In 2024, imports of low carbon technology products, percent of gdp in Iceland stood at 1.91.
Compared with earlier readings it is down 35.6% on the previous year and up 159.4% over ten years.
Over the whole period, imports of low carbon technology products, percent of gdp in Iceland peaked at 2.99 in 2022 and was at its lowest, 0.564, in 2004.
Iceland ranks 43rd of 182 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of low carbon technology products, Percent of GDP in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.6295 | — |
| 1995 | 0.6039 | -4.1% |
| 1996 | 1.02 | +69.0% |
| 1997 | 0.9418 | -7.7% |
| 1998 | 1.23 | +30.6% |
| 1999 | 1.13 | -7.9% |
| 2000 | 1.03 | -9.5% |
| 2001 | 0.878 | -14.4% |
| 2002 | 0.64 | -27.1% |
| 2003 | 0.6508 | +1.7% |
| 2004 | 0.564 | -13.3% |
| 2005 | 1.13 | +99.6% |
| 2006 | 1.97 | +74.7% |
| 2007 | 0.9216 | -53.1% |
| 2008 | 0.9311 | +1.0% |
| 2009 | 0.6534 | -29.8% |
| 2010 | 1.26 | +92.9% |
| 2011 | 0.9917 | -21.3% |
| 2012 | 0.7642 | -22.9% |
| 2013 | 0.919 | +20.3% |
| 2014 | 0.7345 | -20.1% |
| 2015 | 0.8248 | +12.3% |
| 2016 | 0.8217 | -0.4% |
| 2017 | 1.41 | +71.3% |
| 2018 | 1.32 | -6.2% |
| 2019 | 1.36 | +3.2% |
| 2020 | 1.91 | +40.5% |
| 2021 | 2.58 | +34.7% |
| 2022 | 2.99 | +15.9% |
| 2023 | 2.96 | -1.1% |
| 2024 | 1.91 | -35.6% |
Iceland compared with similar countries
- Iceland's 1.91 is above the median for high income countries, which is 1.62, 1.2× the median. (62 countries reporting)
- Iceland's 1.91 is below the median for Europe & Central Asia, which is 1.96, 97% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9266 | 0.6039 | 1.23 | 6 |
| 2000s | 0.9357 | 0.564 | 1.97 | 10 |
| 2010s | 1.04 | 0.7345 | 1.41 | 10 |
| 2020s | 2.47 | 1.91 | 2.99 | 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, 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)
- Exports of low carbon technology products, US dollar (World), per 74.69 units per person (2024)
Frequently asked questions
- What is imports of low carbon technology products, percent of gdp in Iceland?
- Imports of low carbon technology products, percent of gdp in Iceland was 1.91 in 2024, according to International Monetary Fund.
- What is the highest imports of low carbon technology products, percent of gdp recorded in Iceland?
- The highest recorded value was 2.99 in 2022.
- What is the lowest imports of low carbon technology products, percent of gdp recorded in Iceland?
- The lowest recorded value was 0.564 in 2004.
- How does Iceland rank for imports of low carbon technology products, percent of gdp?
- Iceland ranks 43rd out of 182 countries with data for 2024.
- Is imports of low carbon technology products, percent of gdp rising or falling in Iceland?
- Over the last ten years it is up 159.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Imports of low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.