Service imports — all countries

Service imports — Iceland

Service imports in Iceland in 2025 — 5,975,520,664 US$. Ranked 62 in the world out of 97. Since 1976, the indicator has risen by 4,998.6%.

2025 5.98B US$ +14.82% vs 2024
World rank 62of 97
Period maximum 5.98B US$2025
Period minimum 117M US$1976

Trend over time

1976–2025 · US$

Service imports — Iceland, 1976–202502B4B6B197619811986199119962001200620112016202120251976: 117,200,000 US$1977: 149,800,000 US$1978: 192,100,000 US$1979: 253,500,000 US$1980: 262,800,000 US$1981: 282,000,000 US$1982: 308,500,000 US$1983: 280,700,000 US$1984: 310,900,000 US$1985: 362,900,000 US$1986: 373,600,000 US$1987: 509,900,000 US$1988: 535,600,000 US$1989: 494,800,000 US$1990: 555,861,965 US$1991: 605,396,499 US$1992: 589,773,568 US$1993: 591,504,271 US$1994: 577,304,243 US$1995: 623,768,894 US$1996: 714,499,454 US$1997: 770,703,033 US$1998: 933,556,889 US$1999: 989,038,204 US$2000: 1,102,090,671 US$2001: 1,030,047,742 US$2002: 1,078,969,331 US$2003: 1,453,994,179 US$2004: 1,764,266,350 US$2005: 2,414,592,579 US$2006: 2,430,186,797 US$2007: 2,880,036,249 US$2008: 2,424,156,454 US$2009: 1,972,185,233 US$2010: 2,178,442,916 US$2011: 2,569,969,975 US$2012: 2,698,063,102 US$2013: 2,767,460,063 US$2014: 3,051,581,485 US$2015: 2,785,143,615 US$2016: 3,190,526,203 US$2017: 3,700,646,186 US$2018: 4,153,043,928 US$2019: 3,568,869,721 US$2020: 2,308,960,151 US$2021: 3,026,024,350 US$2022: 4,470,137,407 US$2023: 4,782,920,183 US$2024: 5,204,199,672 US$2025: 5,975,520,664 US$
Change over the period: +5.86B (+4,998.57%) Average annual rate: 8.35 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 5.98B US$
World 8.69T US$
Service imports — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2025 5.98B +771M +14.82%
2024 5.2B +421M +8.81%
2023 4.78B +313M +7%
2022 4.47B +1.44B +47.72%
2021 3.03B +717M +31.06%
2020 2.31B −1.26B −35.3%
2019 3.57B −584M −14.07%
2018 4.15B +452M +12.22%
2017 3.7B +510M +15.99%
2016 3.19B +405M +14.56%
2015 2.79B −266M −8.73%
2014 3.05B +284M +10.27%
2013 2.77B +69.4M +2.57%
2012 2.7B +128M +4.98%
2011 2.57B +392M +17.97%
2010 2.18B +206M +10.46%
2009 1.97B −452M −18.64%
2008 2.42B −456M −15.83%
2007 2.88B +450M +18.51%
2006 2.43B +15.59M +0.65%
2005 2.41B +650M +36.86%
2004 1.76B +310M +21.34%
2003 1.45B +375M +34.76%
2002 1.08B +48.92M +4.75%
2001 1.03B −72.04M −6.54%
2000 1.1B +113M +11.43%
1999 989M +55.48M +5.94%
1998 934M +163M +21.13%
1997 771M +56.2M +7.87%
1996 714M +90.73M +14.55%
1995 624M +46.46M +8.05%
1994 577M −14.2M −2.4%
1993 592M +1.73M +0.29%
1992 590M −15.62M −2.58%
1991 605M +49.53M +8.91%
1990 556M +61.06M +12.34%
1989 495M −40.8M −7.62%
1988 536M +25.7M +5.04%
1987 510M +136M +36.48%
1986 374M +10.7M +2.95%
1985 363M +52M +16.73%
1984 311M +30.2M +10.76%
1983 281M −27.8M −9.01%
1982 309M +26.5M +9.4%
1981 282M +19.2M +7.31%
1980 263M +9.3M +3.67%
1979 254M +61.4M +31.96%
1978 192M +42.3M +28.24%
1977 150M +32.6M +27.82%
1976 117M

Northern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

Source: World Development Indicators (World Bank), license CC BY 4.0.