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

Iceland: Spending by international visitors while visiting a country … gaps was 3.22 billion current US$ in 2024. ◆ Volatile

Latest (2024)
3.22 billion current US$
Change on year
up 2.5%
World rank
79th
of 203 countries
All-time high
3.22 billion current US$
in 2024
All-time low
309.00 million current US$
in 1995
Years of data
19
1995–2024

Spending by international visitors while visiting a country, gaps in Iceland, 1995–2024

01.0B2.0B3.0B1995200920241995: 309.0M current US$1996: 312.0M current US$1997: 314.0M current US$1998: 372.0M current US$1999: 380.0M current US$2000: 386.0M current US$2001: 383.0M current US$2002: 415.0M current US$2003: 486.0M current US$2004: 558.0M current US$2005: 635.0M current US$2006: 702.0M current US$2007: 848.0M current US$2008: 881.0M current US$2020: 653.7M current US$2021: 1.3B current US$2022: 2.5B current US$2023: 3.1B current US$2024: 3.2B current US$

Source: Statizoid (derived). Measured in current US$.

Analysis

Iceland recorded 3.22 billion current US$ for spending by international visitors while visiting a country, gaps in 2024. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 2.5% on the previous year and up 393.2% over five years.

Over the whole period, spending by international visitors while visiting a country, gaps in Iceland peaked at 3.22 billion current US$ in 2024 and was at its lowest, 309.00 million current US$, in 1995.

Iceland ranks 79th of 203 countries on this measure, in the middle of the range.

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

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

Annual values for Spending by international visitors while visiting a country, gaps filled in Iceland, 1995 to 2024.
Year current US$ Change
1995 309.00 million current US$ —
1996 312.00 million current US$ +1.0%
1997 314.00 million current US$ +0.6%
1998 372.00 million current US$ +18.5%
1999 380.00 million current US$ +2.2%
2000 386.00 million current US$ +1.6%
2001 383.00 million current US$ -0.8%
2002 415.00 million current US$ +8.4%
2003 486.00 million current US$ +17.1%
2004 558.00 million current US$ +14.8%
2005 635.00 million current US$ +13.8%
2006 702.00 million current US$ +10.6%
2007 848.00 million current US$ +20.8%
2008 881.00 million current US$ +3.9%
2020 653.68 million current US$ -25.8%
2021 1.30 billion current US$ +99.3%
2022 2.47 billion current US$ +89.4%
2023 3.15 billion current US$ +27.4%
2024 3.22 billion current US$ +2.5%

Iceland compared with similar countries

  • Iceland's 3.22 billion current US$ is below the median for high income countries, which is 6.08 billion current US$, 53% of the median. (73 countries reporting)
  • Iceland's 3.22 billion current US$ is below the median for Europe & Central Asia, which is 6.00 billion current US$, 54% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Spending by international visitors while visiting a country … gaps 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
2021 +99.3% 653.68 million current US$ 1.30 billion current US$
2022 +89.4% 1.30 billion current US$ 2.47 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 337.40 million current US$ 309.00 million current US$ 380.00 million current US$ 5
2000s 588.22 million current US$ 383.00 million current US$ 881.00 million current US$ 9
2020s 2.16 billion current US$ 653.68 million current US$ 3.22 billion current US$ 5

Countries ranked near Iceland

  1. 76 Taiwan 3.38 billion current US$ compare
  2. 77 Puerto Rico 3.34 billion current US$ compare
  3. 78 Tunisia 3.24 billion current US$ compare
  4. 80 Kuwait 2.88 billion current US$ compare
  5. 81 Kazakhstan 2.82 billion current US$ compare
  6. 82 Armenia 2.72 billion current US$ compare

See the full ranking of 203 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is spending by international visitors while visiting a country, gaps in Iceland?
Spending by international visitors while visiting a country, gaps in Iceland was 3.22 billion current US$ in 2024, according to Statizoid (derived).
What is the highest spending by international visitors while visiting a country, gaps recorded in Iceland?
The highest recorded value was 3.22 billion current US$ in 2024.
What is the lowest spending by international visitors while visiting a country, gaps recorded in Iceland?
The lowest recorded value was 309.00 million current US$ in 1995.
How does Iceland rank for spending by international visitors while visiting a country, gaps?
Iceland ranks 79th out of 203 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, gaps filled. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country, gaps 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-gaps-filled/iceland/

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How this figure is calculated

Spending by international visitors while visiting a country with 58 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
current US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
203 places, 4,637 data points, 1995–2024
Last refreshed

Spending by international visitors while visiting a country with 58 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.