This article presents Iceland's imports of goods and services through current-dollar value, share of GDP and annual real growth.
Imports of goods and services into Iceland were valued at $16.35 billion in 2025, equivalent to 42.4% of GDP in 2025. Real imports grew by 7.2% in 2025. The nominal import value changed by +115.0% over five years and +112.1% over ten years.
In the common comparison year 2025, Iceland ranked 100th of 194 economies by import value and 103rd of 194 by imports as a share of GDP.
Iceland Imports of Goods and Services by Year
Data source: World Bank, World Development Indicators — Imports of goods and services, current US$ (NE.IMP.GNFS.CD); Imports of goods and services, % of GDP (NE.IMP.GNFS.ZS); Imports of goods and services, annual % growth (NE.IMP.GNFS.KD.ZG); Imports of goods and services, constant 2015 US$ (NE.IMP.GNFS.KD); External balance on goods and services, % of GDP (NE.RSB.GNFS.ZS); Exports of goods and services, current US$ (NE.EXP.GNFS.CD).
License: CC BY-4.0. Retrieved 2026-07-12.
About the Indicators
Imports of goods and services, current US$. The total value of goods and services a country purchases from abroad, converted to current U.S. dollars.
Imports of goods and services, % of GDP. Import value expressed as a share of gross domestic product.
Imports of goods and services, annual % growth. The annual growth rate of imports measured in constant prices, isolating volume growth from price and currency effects.
Imports of goods and services, constant 2015 US$. Import value measured in constant 2015 prices, used to track real changes in import volume over time.
External balance on goods and services, % of GDP. Exports minus imports of goods and services, expressed as a share of GDP; positive values indicate a surplus, negative values a deficit.
Exports of goods and services, current US$. The total value of goods and services a country sells abroad, in current U.S. dollars.