Trade in low carbon technology products, Comparative advantage, Index in Iceland
Iceland: Trade in low carbon technology products, Comparative advantage, Index was 0.0825 in 2024. ▲ Rising
Trade in low carbon technology products, Comparative advantage, Index in Iceland, 1998–2024
Source: International Monetary Fund.
Analysis
In 2024, trade in low carbon technology products, comparative advantage, index in Iceland stood at 0.0825.
The figure is down 17.9% on the previous year and up 44.5% over ten years.
Over the whole period, trade in low carbon technology products, comparative advantage, index in Iceland peaked at 0.1005 in 2023 and was at its lowest, 0.0478, in 2010.
That places Iceland 111th out of 184 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Trade in low carbon technology products, Comparative advantage, Index in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 0.0649 | — |
| 1999 | 0.068 | +4.8% |
| 2000 | 0.0817 | +20.1% |
| 2001 | 0.0589 | -27.9% |
| 2002 | 0.0608 | +3.2% |
| 2003 | 0.0493 | -19.0% |
| 2004 | 0.0493 | +0.0% |
| 2005 | 0.0584 | +18.5% |
| 2006 | 0.0665 | +14.0% |
| 2007 | 0.0631 | -5.2% |
| 2008 | 0.064 | +1.4% |
| 2009 | 0.0651 | +1.7% |
| 2010 | 0.0478 | -26.6% |
| 2011 | 0.0576 | +20.5% |
| 2012 | 0.0864 | +50.0% |
| 2013 | 0.0561 | -35.1% |
| 2014 | 0.0571 | +1.8% |
| 2015 | 0.074 | +29.6% |
| 2016 | 0.0678 | -8.4% |
| 2017 | 0.0761 | +12.2% |
| 2018 | 0.0615 | -19.2% |
| 2019 | 0.069 | +12.2% |
| 2020 | 0.094 | +36.2% |
| 2021 | 0.0636 | -32.3% |
| 2022 | 0.0607 | -4.6% |
| 2023 | 0.1005 | +65.6% |
| 2024 | 0.0825 | -17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0665 | 0.0649 | 0.068 | 2 |
| 2000s | 0.0617 | 0.0493 | 0.0817 | 10 |
| 2010s | 0.0653 | 0.0478 | 0.0864 | 10 |
| 2020s | 0.0803 | 0.0607 | 0.1005 | 5 |
Countries ranked near Iceland
- 108 Armenia 0.0851 compare
- 109 Saudi Arabia 0.084 compare
- 110 Congo 0.0835 compare
- 112 Dominican Republic 0.0804 compare
- 113 Trinidad and Tobago 0.0796 compare
- 114 Senegal 0.0791 compare
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 trade in low carbon technology products, comparative advantage, index in Iceland?
- Trade in low carbon technology products, comparative advantage, index in Iceland was 0.0825 in 2024, according to International Monetary Fund.
- What is the highest trade in low carbon technology products, comparative advantage, index recorded in Iceland?
- The highest recorded value was 0.1005 in 2023.
- What is the lowest trade in low carbon technology products, comparative advantage, index recorded in Iceland?
- The lowest recorded value was 0.0478 in 2010.
- How does Iceland rank for trade in low carbon technology products, comparative advantage, index?
- Iceland ranks 111th out of 184 countries with data for 2024.
- Is trade in low carbon technology products, comparative advantage, index rising or falling in Iceland?
- Over the last ten years it is up 44.5%. 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 Trade in low carbon technology products, Comparative advantage, Index (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.