International trade: market integration indicators in Iceland
Iceland: International trade: market integration indicators was 32.1% in 2013. ▲ Rising
Latest (2013)
32.1%
Change on year
down 6.7%
World rank
27th
of 45 countries
All-time high
34.7%
in 2011
All-time low
21.4%
in 1993
Years of data
22
1992–2013
International trade in services - market integration indicators in Iceland, 1992–2013
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for international trade in services - market integration indicators in Iceland is 32.1%, measured in 2013.
Compared with earlier readings it is down 6.7% on the previous year and up 41.4% over ten years.
Over the whole period, international trade in services - market integration indicators in Iceland peaked at 34.7% in 2011 and was at its lowest, 21.4%, in 1993.
Iceland ranks 27th of 45 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
International trade: market integration indicators in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 1992 | 21.9% | — |
| 1993 | 21.4% | -2.3% |
| 1994 | 22.6% | +5.6% |
| 1995 | 24.2% | +7.1% |
| 1996 | 25.7% | +6.2% |
| 1997 | 25.0% | -2.7% |
| 1998 | 25.4% | +1.6% |
| 1999 | 24.8% | -2.4% |
| 2000 | 24.6% | -0.8% |
| 2001 | 25.9% | +5.3% |
| 2002 | 24.2% | -6.6% |
| 2003 | 22.7% | -6.2% |
| 2004 | 23.8% | +4.8% |
| 2005 | 23.6% | -0.8% |
| 2006 | 27.5% | +16.5% |
| 2007 | 26.7% | -2.9% |
| 2008 | 33.6% | +25.8% |
| 2009 | 30.4% | -9.5% |
| 2010 | 32.7% | +7.6% |
| 2011 | 34.7% | +6.1% |
| 2012 | 34.4% | -0.9% |
| 2013 | 32.1% | -6.7% |
Iceland compared with similar countries
- Iceland's 32.1% is below the median for Europe & Central Asia, which is 37.8%, 85% of the median. (30 countries reporting)
- Iceland's 32.1% is below the median for high income countries, which is 35.8%, 90% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.9% | 21.4% | 25.7% | 8 |
| 2000s | 26.3% | 22.7% | 33.6% | 10 |
| 2010s | 33.5% | 32.1% | 34.7% | 4 |
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 international trade in services - market integration indicators in Iceland?
- International trade in services - market integration indicators in Iceland was 32.1% in 2013, according to Eurostat.
- What is the highest international trade in services - market integration indicators recorded in Iceland?
- The highest recorded value was 34.7% in 2011.
- What is the lowest international trade in services - market integration indicators recorded in Iceland?
- The lowest recorded value was 21.4% in 1993.
- How does Iceland rank for international trade in services - market integration indicators?
- Iceland ranks 27th out of 45 countries with data for 2013.
- Is international trade in services - market integration indicators rising or falling in Iceland?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of International trade in services - market integration indicators - historical data (1992-2013). Statizoid updates them automatically from the source API.
Download this data
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