Imports Merchandise, Customs, Price, US$ in Iceland

Iceland: Imports Merchandise, Customs, Price, US$ was 1.2 in 2021. ▲ Rising

Latest (2021)
1.2
Change on year
up 13.4%
World rank
10th
of 47 countries
All-time high
1.2
in 2011
All-time low
0.5906
in 2001
Years of data
21
2001–2021

Imports Merchandise, Customs, Price, US$ in Iceland, 2001–2021

00.250.50.7511.22001201120212001: 0.5912002: 0.6112003: 0.7082004: 0.8082005: 0.8752006: 0.9322007: 1.12008: 1.22009: 0.9522010: 12011: 1.22012: 1.22013: 1.22014: 1.22015: 0.9862016: 0.932017: 12018: 1.22019: 1.12020: 1.12021: 1.2

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2021, imports merchandise, customs, price, us$ in Iceland stood at 1.2.

The figure is up 13.4% on the previous year and down 0.3% over ten years.

Over the whole period, imports merchandise, customs, price, us$ in Iceland peaked at 1.2 in 2011 and was at its lowest, 0.5906, in 2001.

That places Iceland 10th out of 47 countries with data for 2021, putting it in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.856 0.5906 1.17 9
2010s 1.1 0.9303 1.2 10
2020s 1.13 1.06 1.2 2

Countries ranked near Iceland

  1. 7 Italy 1.34 compare
  2. 8 Estonia 1.25 compare
  3. 9 Canada 1.24 compare
  4. 11 Algeria 1.14 compare
  5. 12 Israel 1.14 compare
  6. 13 China 1.14 compare

See the full ranking of 47 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is imports merchandise, customs, price, us$ in Iceland?
Imports merchandise, customs, price, us$ in Iceland was 1.2 in 2021, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, price, us$ recorded in Iceland?
The highest recorded value was 1.2 in 2011.
What is the lowest imports merchandise, customs, price, us$ recorded in Iceland?
The lowest recorded value was 0.5906 in 2001.
How does Iceland rank for imports merchandise, customs, price, us$?
Iceland ranks 10th out of 47 countries with data for 2021.
Is imports merchandise, customs, price, us$ rising or falling in Iceland?
Over the last ten years it is down 0.3%. 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, Price, US$. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Imports Merchandise, Customs, Price, US$
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,400 data points, 1991–2025
Last refreshed

The price index of Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.