Imports Merchandise, Customs, constant US$, millions in Iceland
Iceland: Imports Merchandise, Customs, constant US$, millions was 6,398 in 2021. ▲ Rising
Imports Merchandise, Customs, constant US$, millions in Iceland, 2001–2021
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Iceland recorded 6,398 for imports merchandise, customs, constant us$, millions in 2021.
That represents a change of up 18.8% on the previous year and up 59.3% over ten years.
Over the whole period, imports merchandise, customs, constant us$, millions in Iceland peaked at 6,770 in 2017 and was at its lowest, 3,429, in 2002.
That places Iceland 46th out of 47 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Imports Merchandise, Customs, constant US$, millions in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 3,542 | — |
| 2002 | 3,429 | -3.2% |
| 2003 | 3,682 | +7.4% |
| 2004 | 4,242 | +15.2% |
| 2005 | 5,253 | +23.8% |
| 2006 | 6,198 | +18.0% |
| 2007 | 5,901 | -4.8% |
| 2008 | 4,797 | -18.7% |
| 2009 | 3,480 | -27.5% |
| 2010 | 3,546 | +1.9% |
| 2011 | 4,015 | +13.2% |
| 2012 | 4,071 | +1.4% |
| 2013 | 4,249 | +4.4% |
| 2014 | 4,568 | +7.5% |
| 2015 | 5,398 | +18.2% |
| 2016 | 6,116 | +13.3% |
| 2017 | 6,770 | +10.7% |
| 2018 | 6,582 | -2.8% |
| 2019 | 6,065 | -7.9% |
| 2020 | 5,388 | -11.2% |
| 2021 | 6,398 | +18.8% |
Iceland compared with similar countries
- Iceland's 6,398 is below the median for high income countries, which is 256,974, 2% of the median. (32 countries reporting)
- Iceland's 6,398 is below the median for Europe & Central Asia, which is 236,257, 3% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,503 | 3,429 | 6,198 | 9 |
| 2010s | 5,138 | 3,546 | 6,770 | 10 |
| 2020s | 5,893 | 5,388 | 6,398 | 2 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is imports merchandise, customs, constant us$, millions in Iceland?
- Imports merchandise, customs, constant us$, millions in Iceland was 6,398 in 2021, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest imports merchandise, customs, constant us$, millions recorded in Iceland?
- The highest recorded value was 6,770 in 2017.
- What is the lowest imports merchandise, customs, constant us$, millions recorded in Iceland?
- The lowest recorded value was 3,429 in 2002.
- How does Iceland rank for imports merchandise, customs, constant us$, millions?
- Iceland ranks 46th out of 47 countries with data for 2021.
- Is imports merchandise, customs, constant us$, millions rising or falling in Iceland?
- Over the last ten years it is up 59.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Imports Merchandise, Customs, constant US$, millions. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.