Iceland Trade to GDP Ratio (1970-2023)

Iceland trade to gdp ratio for 2023 was 86.79%, a 4.73% decline from 2022.
  • Iceland trade to gdp ratio for 2022 was 91.53%, a 15.25% increase from 2021.
  • Iceland trade to gdp ratio for 2021 was 76.27%, a 8.3% increase from 2020.
  • Iceland trade to gdp ratio for 2020 was 67.98%, a 14.89% decline from 2019.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.