Iceland - Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Iceland was -22.47 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 27.83 in 2005 and a minimum value of -22.47 in 2020.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 24.58
1972 0.51
1973 20.33
1974 12.52
1975 -12.75
1976 -3.65
1977 20.58
1978 3.64
1979 2.47
1980 2.99
1981 7.12
1982 -0.57
1983 -9.70
1984 9.15
1985 9.42
1986 0.95
1987 23.27
1988 -4.58
1989 -10.26
1990 0.99
1991 5.26
1992 -5.97
1993 -7.50
1994 3.82
1995 3.62
1996 14.60
1997 6.88
1998 21.95
1999 3.35
2000 7.80
2001 -9.98
2002 -2.73
2003 10.26
2004 14.62
2005 27.83
2006 9.82
2007 -2.26
2008 -20.31
2009 -20.67
2010 2.32
2011 6.77
2012 4.60
2013 0.11
2014 10.02
2015 13.54
2016 14.60
2017 11.83
2018 0.87
2019 -8.43
2020 -22.47

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts