Iceland - Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Iceland was 936,782,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,319,430,000,000 in 2018 and a minimum value of 195,427,000,000 in 1970.

Definition: 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. Data are in constant local currency.

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

Year Value
1970 195,427,000,000
1971 243,461,000,000
1972 244,711,000,000
1973 294,460,000,000
1974 331,318,000,000
1975 289,061,000,000
1976 278,515,000,000
1977 335,833,000,000
1978 348,059,000,000
1979 356,644,000,000
1980 367,309,000,000
1981 393,447,000,000
1982 391,203,000,000
1983 353,275,000,000
1984 385,582,000,000
1985 421,901,000,000
1986 425,903,000,000
1987 524,990,000,000
1988 500,920,000,000
1989 449,539,000,000
1990 453,993,000,000
1991 477,867,000,000
1992 449,328,000,000
1993 415,623,000,000
1994 431,508,000,000
1995 447,117,000,000
1996 512,392,000,000
1997 547,646,000,000
1998 667,829,000,000
1999 690,217,000,000
2000 744,068,000,000
2001 669,842,000,000
2002 651,551,000,000
2003 718,371,000,000
2004 823,412,000,000
2005 1,052,540,000,000
2006 1,155,900,000,000
2007 1,129,740,000,000
2008 900,263,000,000
2009 714,184,000,000
2010 730,743,000,000
2011 780,241,000,000
2012 816,161,000,000
2013 817,025,000,000
2014 898,893,000,000
2015 1,020,620,000,000
2016 1,169,660,000,000
2017 1,308,040,000,000
2018 1,319,430,000,000
2019 1,208,210,000,000
2020 936,782,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts