Spending by international visitors while visiting a country … unit in Iceland
Iceland: Spending by international visitors while visiting a country … unit was 0.0971 current US$ per US$ of GDP in 2024. ▲ Rising
Spending by international visitors while visiting a country, per unit in Iceland, 1995–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Iceland recorded 0.0971 current US$ per US$ of GDP for spending by international visitors while visiting a country, per unit in 2024.
That represents a change of down 2.1% on the previous year and up 227.4% over five years.
Over the whole period, spending by international visitors while visiting a country, per unit in Iceland peaked at 0.0992 current US$ per US$ of GDP in 2023 and was at its lowest, 0.0297 current US$ per US$ of GDP, in 2020.
That places Iceland 42nd out of 191 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Spending by international visitors while visiting a country … unit in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0419 current US$ per US$ of GDP | — |
| 1996 | 0.0406 current US$ per US$ of GDP | -3.2% |
| 1997 | 0.0407 current US$ per US$ of GDP | +0.2% |
| 1998 | 0.0431 current US$ per US$ of GDP | +5.8% |
| 1999 | 0.0417 current US$ per US$ of GDP | -3.1% |
| 2000 | 0.0422 current US$ per US$ of GDP | +1.2% |
| 2001 | 0.046 current US$ per US$ of GDP | +9.0% |
| 2002 | 0.0441 current US$ per US$ of GDP | -4.2% |
| 2003 | 0.042 current US$ per US$ of GDP | -4.6% |
| 2004 | 0.04 current US$ per US$ of GDP | -4.9% |
| 2005 | 0.037 current US$ per US$ of GDP | -7.3% |
| 2006 | 0.0397 current US$ per US$ of GDP | +7.3% |
| 2007 | 0.0386 current US$ per US$ of GDP | -2.8% |
| 2008 | 0.0483 current US$ per US$ of GDP | +25.0% |
| 2020 | 0.0297 current US$ per US$ of GDP | -38.6% |
| 2021 | 0.0497 current US$ per US$ of GDP | +67.4% |
| 2022 | 0.0846 current US$ per US$ of GDP | +70.3% |
| 2023 | 0.0992 current US$ per US$ of GDP | +17.3% |
| 2024 | 0.0971 current US$ per US$ of GDP | -2.1% |
Iceland compared with similar countries
- Iceland's 0.0971 current US$ per US$ of GDP is above the median for high income countries, which is 0.0369 current US$ per US$ of GDP, 2.6× the median. (71 countries reporting)
- Iceland's 0.0971 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0324 current US$ per US$ of GDP, 3.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Spending by international visitors while visiting a country … unit 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.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +70.3% | 0.0497 current US$ per US$ of GDP | 0.0846 current US$ per US$ of GDP |
| 2021 | +67.4% | 0.0297 current US$ per US$ of GDP | 0.0497 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0416 current US$ per US$ of GDP | 0.0406 current US$ per US$ of GDP | 0.0431 current US$ per US$ of GDP | 5 |
| 2000s | 0.042 current US$ per US$ of GDP | 0.037 current US$ per US$ of GDP | 0.0483 current US$ per US$ of GDP | 9 |
| 2020s | 0.0721 current US$ per US$ of GDP | 0.0297 current US$ per US$ of GDP | 0.0992 current US$ per US$ of GDP | 5 |
Countries ranked near Iceland
- 39 Cyprus 0.1038 current US$ per US$ of GDP compare
- 40 Micronesia (country) 0.1034 current US$ per US$ of GDP compare
- 41 Greece 0.1015 current US$ per US$ of GDP compare
- 43 Tonga 0.0966 current US$ per US$ of GDP compare
- 44 Bahrain 0.0895 current US$ per US$ of GDP compare
- 45 Dominican Republic 0.0883 current US$ per US$ of GDP compare
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 international visitors while visiting a country, per unit in Iceland?
- Spending by international visitors while visiting a country, per unit in Iceland was 0.0971 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest spending by international visitors while visiting a country, per unit recorded in Iceland?
- The highest recorded value was 0.0992 current US$ per US$ of GDP in 2023.
- What is the lowest spending by international visitors while visiting a country, per unit recorded in Iceland?
- The lowest recorded value was 0.0297 current US$ per US$ of GDP in 2020.
- How does Iceland rank for spending by international visitors while visiting a country, per unit?
- Iceland ranks 42nd 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 international visitors while visiting a country, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Spending by international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Spending by international visitors while visiting a country ÷ GDP (current US$)
Computed from
- Spending by international visitors while visiting a country UN Tourism (2025) – processed by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Spending by international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.