Spending by a countrys residents while travelling abroad in Iceland
Iceland: Spending by a countrys residents while travelling abroad was 1.75 billion in 2024. ◆ Volatile
Spending by a countrys residents while travelling abroad in Iceland, 1996–2024
Source: Our World in Data.
Analysis
In 2024, spending by a countrys residents while travelling abroad in Iceland stood at 1.75 billion. That is the highest value across all 15 years on record.
That represents a change of up 7.2% on the previous year and up 229.4% over five years.
Over the whole period, spending by a countrys residents while travelling abroad in Iceland peaked at 1.75 billion in 2024 and was at its lowest, 312.00 million, in 1996.
That places Iceland 85th out of 199 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 countrys residents while travelling abroad in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 312.00 million | — |
| 1997 | 327.00 million | +4.8% |
| 1998 | 399.00 million | +22.0% |
| 1999 | 440.00 million | +10.3% |
| 2002 | 373.00 million | -15.2% |
| 2003 | 524.00 million | +40.5% |
| 2004 | 699.00 million | +33.4% |
| 2005 | 991.00 million | +41.8% |
| 2006 | 1.08 billion | +9.4% |
| 2007 | 1.34 billion | +23.2% |
| 2020 | 531.98 million | -60.2% |
| 2021 | 755.85 million | +42.1% |
| 2022 | 1.51 billion | +99.7% |
| 2023 | 1.64 billion | +8.3% |
| 2024 | 1.75 billion | +7.2% |
Iceland compared with similar countries
- Iceland's 1.75 billion is below the median for high income countries, which is 4.47 billion, 39% of the median. (71 countries reporting)
- Iceland's 1.75 billion is below the median for Europe & Central Asia, which is 4.98 billion, 35% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 369.50 million | 312.00 million | 440.00 million | 4 |
| 2000s | 834.50 million | 373.00 million | 1.34 billion | 6 |
| 2020s | 1.24 billion | 531.98 million | 1.75 billion | 5 |
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 spending by a countrys residents while travelling abroad in Iceland?
- Spending by a countrys residents while travelling abroad in Iceland was 1.75 billion in 2024, according to Our World in Data.
- What is the highest spending by a countrys residents while travelling abroad recorded in Iceland?
- The highest recorded value was 1.75 billion in 2024.
- What is the lowest spending by a countrys residents while travelling abroad recorded in Iceland?
- The lowest recorded value was 312.00 million in 1996.
- How does Iceland rank for spending by a countrys residents while travelling abroad?
- Iceland ranks 85th out of 199 countries with data for 2024.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Spending by a countrys residents while travelling abroad. Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).