Spending by a country’s residents while travelling abroad, annual in Iceland

Iceland: Spending by a country’s residents while travelling abroad, annual was 7.17 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.17 % change on previous year
Change on year
down 13.7%
World rank
117th
of 191 countries
All-time high
99.74 % change on previous year
in 2022
All-time low
4.81 % change on previous year
in 1997
Years of data
12
1997–2024

Spending by a country’s residents while travelling abroad, annual in Iceland, 1997–2024

0204060801001997201020241997: 4.8 % change on previous year1998: 22 % change on previous year1999: 10.3 % change on previous year2003: 40.5 % change on previous year2004: 33.4 % change on previous year2005: 41.8 % change on previous year2006: 9.4 % change on previous year2007: 23.2 % change on previous year2021: 42.1 % change on previous year2022: 99.7 % change on previous year2023: 8.3 % change on previous year2024: 7.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, spending by a country’s residents while travelling abroad, annual in Iceland stood at 7.17 % change on previous year.

That represents a change of down 13.7% on the previous year and down 83.0% over five years.

Over the whole period, spending by a country’s residents while travelling abroad, annual in Iceland peaked at 99.74 % change on previous year in 2022 and was at its lowest, 4.81 % change on previous year, in 1997.

That places Iceland 117th out of 191 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by a country’s residents while travelling abroad, annual in Iceland, year by year

Annual values for Spending by a country’s residents while travelling abroad, annual growth rate in Iceland, 1997 to 2024.
Year % change on previous year Change
1997 4.81 % change on previous year —
1998 22.02 % change on previous year +358.0%
1999 10.28 % change on previous year -53.3%
2003 40.48 % change on previous year +294.0%
2004 33.4 % change on previous year -17.5%
2005 41.77 % change on previous year +25.1%
2006 9.38 % change on previous year -77.5%
2007 23.25 % change on previous year +147.7%
2021 42.08 % change on previous year +81.0%
2022 99.74 % change on previous year +137.0%
2023 8.31 % change on previous year -91.7%
2024 7.17 % change on previous year -13.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.37 % change on previous year 4.81 % change on previous year 22.02 % change on previous year 3
2000s 29.66 % change on previous year 9.38 % change on previous year 41.77 % change on previous year 5
2020s 39.32 % change on previous year 7.17 % change on previous year 99.74 % change on previous year 4

Countries ranked near Iceland

  1. 114 Australia 7.96 % change on previous year compare
  2. 115 Ecuador 7.69 % change on previous year compare
  3. 116 Brazil 7.57 % change on previous year compare
  4. 118 Montserrat 6.96 % change on previous year compare
  5. 119 Saint Kitts and Nevis 6.81 % change on previous year compare
  6. 120 India 6.77 % change on previous year compare

See the full ranking of 191 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is spending by a country’s residents while travelling abroad, annual in Iceland?
Spending by a country’s residents while travelling abroad, annual in Iceland was 7.17 % change on previous year in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, annual recorded in Iceland?
The highest recorded value was 99.74 % change on previous year in 2022.
What is the lowest spending by a country’s residents while travelling abroad, annual recorded in Iceland?
The lowest recorded value was 4.81 % change on previous year in 1997.
How does Iceland rank for spending by a country’s residents while travelling abroad, annual?
Iceland ranks 117th out of 191 countries with data for 2024.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Spending by a country’s residents while travelling abroad, annual in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-annual-growth-rate/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-annual-growth-rate/iceland/">Spending by a country’s residents while travelling abroad, annual in Iceland</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by a country’s residents while travelling abroad, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
191 places, 4,321 data points, 1996–2024
Last refreshed

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.