Iceland Trade Balance — Goods & Services (% of GDP) (2025)
Iceland's Trade Balance — Goods & Services (% of GDP): -2.3 % of GDP (current prices) in 2025, -1pp YoY. Eurostat (NAMA_10_GDP), 2000–2025.
Iceland (2025)
-2.3
% of GDP (current prices)
-1pp YoY
YoY Change
-1pp
percentage points
Trend
down
Series length
26
years of data
Data
| Year | % of GDP (current prices) | YoY Change |
|---|---|---|
| 2025 | -2.3 | -1pp |
| 2024 | -1.3 | -2pp |
| 2023 | 0.7 | +0.3pp |
| 2022 | 0.4 | +1.9pp |
| 2021 | -1.5 | -1.1pp |
| 2020 | -0.4 | -6pp |
| 2019 | 5.6 | +1.6pp |
| 2018 | 4 | -1pp |
| 2017 | 5 | -2.2pp |
| 2016 | 7.2 | -0.6pp |
| 2015 | 7.8 | +1.3pp |
| 2014 | 6.5 | -1.5pp |
| 2013 | 8 | +2.1pp |
| 2012 | 5.9 | -1.9pp |
| 2011 | 7.8 | -2pp |
| 2010 | 9.8 | +1.8pp |
| 2009 | 8 | +10.1pp |
| 2008 | -2.1 | +6.8pp |
| 2007 | -8.9 | +7.6pp |
| 2006 | -16.5 | -5pp |
About this Dataset
Iceland recorded -2.3 % of GDP (current prices) in 2025. The latest change was -1pp. Across 2000–2025 the series ranges from -16.5 in 2006 to 9.8 in 2010.
This page tracks the external balance of goods and services as a share of GDP in Iceland from 2000 to present.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the external balance of goods and services as a share of GDP in Iceland from 2000 to present. It is published by Eurostat and updated annually.
The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations).
The series peaked at 9.8 % of GDP (current prices) in 2010 and reached its lowest recorded value of -16.5 in 2006. The latest reading of -2.3 in 2025 represents a change of -1pp.