Spending by international visitors while visiting a country in Iceland
Iceland: Spending by international visitors while visiting a country was 3.22 billion in 2024. ◆ Volatile
Spending by international visitors while visiting a country in Iceland, 1995–2024
Source: Our World in Data.
Analysis
In 2024, spending by international visitors while visiting a country in Iceland stood at 3.22 billion. 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 in Iceland peaked at 3.22 billion in 2024 and was at its lowest, 309.00 million, in 1995.
That places Iceland 79th out of 203 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 international visitors while visiting a country in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 309.00 million | — |
| 1996 | 312.00 million | +1.0% |
| 1997 | 314.00 million | +0.6% |
| 1998 | 372.00 million | +18.5% |
| 1999 | 380.00 million | +2.2% |
| 2000 | 386.00 million | +1.6% |
| 2001 | 383.00 million | -0.8% |
| 2002 | 415.00 million | +8.4% |
| 2003 | 486.00 million | +17.1% |
| 2004 | 558.00 million | +14.8% |
| 2005 | 635.00 million | +13.8% |
| 2006 | 702.00 million | +10.6% |
| 2007 | 848.00 million | +20.8% |
| 2008 | 881.00 million | +3.9% |
| 2020 | 653.68 million | -25.8% |
| 2021 | 1.30 billion | +99.3% |
| 2022 | 2.47 billion | +89.4% |
| 2023 | 3.15 billion | +27.4% |
| 2024 | 3.22 billion | +2.5% |
Iceland compared with similar countries
- Iceland's 3.22 billion is below the median for high income countries, which is 6.08 billion, 53% of the median. (73 countries reporting)
- Iceland's 3.22 billion is below the median for Europe & Central Asia, which is 6.00 billion, 54% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Spending by international visitors while visiting a country 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 |
|---|---|---|---|
| 2021 | +99.3% | 653.68 million | 1.30 billion |
| 2022 | +89.4% | 1.30 billion | 2.47 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 337.40 million | 309.00 million | 380.00 million | 5 |
| 2000s | 588.22 million | 383.00 million | 881.00 million | 9 |
| 2020s | 2.16 billion | 653.68 million | 3.22 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 international visitors while visiting a country in Iceland?
- Spending by international visitors while visiting a country in Iceland was 3.22 billion in 2024, according to Our World in Data.
- What is the highest spending by international visitors while visiting a country recorded in Iceland?
- The highest recorded value was 3.22 billion in 2024.
- What is the lowest spending by international visitors while visiting a country recorded in Iceland?
- The lowest recorded value was 309.00 million in 1995.
- How does Iceland rank for spending by international visitors while visiting a country?
- Iceland ranks 79th out of 203 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 international visitors while visiting a country. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).