Spending by international visitors while visiting a country … annual in Iceland

Iceland: Spending by international visitors while visiting a country … annual was 2.5 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.5 % change on previous year
Change on year
down 90.9%
World rank
143rd
of 188 countries
All-time high
99.3 % change on previous year
in 2021
All-time low
-0.7772 % change on previous year
in 2001
Years of data
17
1996–2024

Spending by international visitors while visiting a country, annual in Iceland, 1996–2024

02550751001996201020241996: 0.971 % change on previous year1997: 0.641 % change on previous year1998: 18.5 % change on previous year1999: 2.2 % change on previous year2000: 1.6 % change on previous year2001: -0.777 % change on previous year2002: 8.4 % change on previous year2003: 17.1 % change on previous year2004: 14.8 % change on previous year2005: 13.8 % change on previous year2006: 10.6 % change on previous year2007: 20.8 % change on previous year2008: 3.9 % change on previous year2021: 99.3 % change on previous year2022: 89.4 % change on previous year2023: 27.4 % change on previous year2024: 2.5 % change on previous year

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

Analysis

Iceland recorded 2.5 % change on previous year for spending by international visitors while visiting a country, annual in 2024.

The figure is down 90.9% on the previous year and down 97.5% over five years.

Over the whole period, spending by international visitors while visiting a country, annual in Iceland peaked at 99.3 % change on previous year in 2021 and was at its lowest, -0.7772 % change on previous year, in 2001.

Iceland ranks 143rd of 188 countries on this measure, in the bottom quarter.

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

Spending by international visitors while visiting a country … annual in Iceland, year by year

Annual values for Spending by international visitors while visiting a country, annual growth rate in Iceland, 1996 to 2024.
Year % change on previous year Change
1996 0.9709 % change on previous year —
1997 0.641 % change on previous year -34.0%
1998 18.47 % change on previous year +2781.5%
1999 2.15 % change on previous year -88.4%
2000 1.58 % change on previous year -26.6%
2001 -0.7772 % change on previous year -149.2%
2002 8.36 % change on previous year -1175.0%
2003 17.11 % change on previous year +104.8%
2004 14.81 % change on previous year -13.4%
2005 13.8 % change on previous year -6.9%
2006 10.55 % change on previous year -23.5%
2007 20.8 % change on previous year +97.1%
2008 3.89 % change on previous year -81.3%
2021 99.3 % change on previous year +2451.7%
2022 89.43 % change on previous year -9.9%
2023 27.44 % change on previous year -69.3%
2024 2.5 % change on previous year -90.9%

Iceland compared with similar countries

  • Iceland's 2.5 % change on previous year is below the median for high income countries, which is 7.63 % change on previous year, 33% of the median. (67 countries reporting)
  • Iceland's 2.5 % change on previous year is below the median for Europe & Central Asia, which is 7.16 % change on previous year, 35% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Spending by international visitors while visiting a country … annual in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +2781.5% 0.641 % change on previous year 18.47 % change on previous year
2021 +2451.7% 3.89 % change on previous year 99.3 % change on previous year
2002 +1175.0% -0.7772 % change on previous year 8.36 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.56 % change on previous year 0.641 % change on previous year 18.47 % change on previous year 4
2000s 10.01 % change on previous year -0.7772 % change on previous year 20.8 % change on previous year 9
2020s 54.67 % change on previous year 2.5 % change on previous year 99.3 % change on previous year 4

Countries ranked near Iceland

  1. 140 Lebanon 2.97 % change on previous year compare
  2. 141 Croatia 2.95 % change on previous year compare
  3. 142 Bolivia 2.7 % change on previous year compare
  4. 144 Malawi 2.28 % change on previous year compare
  5. 145 Nigeria 2 % change on previous year compare
  6. 146 Mozambique 1.55 % change on previous year compare

See the full ranking of 188 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is spending by international visitors while visiting a country, annual in Iceland?
Spending by international visitors while visiting a country, annual in Iceland was 2.5 % change on previous year in 2024, according to Statizoid (derived).
What is the highest spending by international visitors while visiting a country, annual recorded in Iceland?
The highest recorded value was 99.3 % change on previous year in 2021.
What is the lowest spending by international visitors while visiting a country, annual recorded in Iceland?
The lowest recorded value was -0.7772 % change on previous year in 2001.
How does Iceland rank for spending by international visitors while visiting a country, annual?
Iceland ranks 143rd out of 188 countries with data for 2024.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Spending by international visitors while visiting a country, annual growth rate. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country, annual in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-annual-growth-rate/iceland/

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How this figure is calculated

The year-on-year percentage change in Spending by international visitors while visiting a country. 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 international visitors while visiting a country, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
188 places, 4,241 data points, 1996–2024
Last refreshed

The year-on-year percentage change in Spending by international visitors while visiting a country. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.