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Iceland
Trade data only
GDP of $38.5 bn in 2025, real growth of 1.1% and inflation of 4.1%, by the IMF’s figures.
In January–August 2026 the U.S. bought $461.6M of goods from Iceland and sold it $434.3M, a deficit of $27.4M, and JFK International Airport, NY handled the most of it (34.1% of the trade through listed ports).
Trade
U.S. trade with Iceland
U.S. Census Bureau goods trade between Iceland and the United States, by month, U.S. port and product.
National totals · January–August 2026
All U.S. customs districts. Imports are general imports; exports are total exports.
- Imports
- $461.6M
- −40.5% y/y
- Exports
- $434.3M
- −23.3% y/y
- Total trade
- $895.9M
- −33.3% y/y
- U.S. deficit
- $27.4M
- $182.4M smaller than a year earlier
- Share of U.S. trade
- 0.02%
- 99th of 233 partners
Source: U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port); released 2026-10-16; retrieved 2026-10-16. Not seasonally adjusted.
Official statisticCK estimateSource figures as of October 16, 2026Sources & methods
- Sources
- U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port)
- Period covered
- January–August 2026
- Source figures as of
- October 16, 2026
- Geography
- U.S. trade with Iceland, all U.S. customs districts
- Sector
- International trade in goods
- Seasonal adjustment
- Not seasonally adjusted
- Transformations
- Monthly values summed over the period by CK Economics. Total trade (imports + exports), balance, share of U.S. trade, rank and year-on-year changes calculated by CK Economics
- Revisions
- When Census publishes a new month, CK re-collects the previous 12; older months are re-collected after Census’s annual revision each June, or sooner if Census’s totals for them change. Revised figures replace earlier ones.
- Data status
- Each month passes CK’s release checks (complete, totals reconcile with Census’s, no sharp jumps) before it is published.
- Limitations
- Goods only, not services. General imports at customs value, total exports at f.a.s. value.
Port subtotals
U.S. ports handling trade with Iceland
The 76 ports listed cover 95.1% of national trade ($852.4M of $895.9M). Another 4.9% went by mail, low-value shipments or through ports Census doesn’t name.
| U.S. port, activate to sort | Imports, activate to sort | Exports, activate to sort | Total trade, sorted descending; activate to reverse | Balance, activate to sort | Share of listed-port trade, activate to sort | Trade y/y, activate to sort |
|---|---|---|---|---|---|---|
| JFK International Airport, NY1012Mainly air | $156.7M | $133.8M | $290.5M | −$23.0M | 34.1% | −31.1% |
| Portland, ME0101Mainly vessel | $113.8M | $44.8M | $158.6M | −$69.0M | 18.6% | +2.5% |
| San Francisco International Airport, CA2801Mainly air | $1.8M | $87.8M | $89.5M | $86.0M | 10.5% | +528.6% |
| Logan Airport, MA0417Mainly air | $46.6M | $7.7M | $54.3M | −$39.0M | 6.4% | −4.9% |
| New Orleans, LA2002Mainly air | $12.1M | $17.1M | $29.2M | $5.0M | 3.4% | +8.3% |
| Norfolk-Newport News, VA1401Mainly vessel | $22.0M | $2.4M | $24.4M | −$19.6M | 2.9% | +85.2% |
| St. Louis, MO4503Mainly land/other | $0 | $23.0M | $23.0M | $23.0M | 2.7% | None a year earlier |
| Cleveland, OH4101Mainly air | $6.9M | $15.8M | $22.7M | $8.9M | 2.7% | −2.3% |
| Chicago, IL3901Mainly air | $14.9M | $4.3M | $19.2M | −$10.6M | 2.3% | −76.6% |
| Los Angeles International Airport, CA2720Mainly air | $1.4M | $17.3M | $18.6M | $15.9M | 2.2% | −91.4% |
| Detroit Metropolitan Airport, MI3807Mainly air | $28.3K | $17.7M | $17.7M | $17.7M | 2.1% | +3921.7% |
| Newark, NJ1003Mainly vessel | $16.4M | $823.8K | $17.2M | −$15.6M | 2.0% | −66.0% |
| Bangor, ME0102Mixed | $8.7M | $0 | $8.7M | −$8.7M | 1.0% | +134.8% |
| Baltimore, MD1303Mainly vessel | $5.0M | $274.7K | $5.3M | −$4.8M | 0.62% | +35.5% |
| Cincinnati-Lawrenceburg, OH4102Mainly air | $4.6M | $575.0K | $5.1M | −$4.0M | 0.60% | +91.2% |
| Port Huron, MI3802Mainly land/other | $211.6K | $4.8M | $5.0M | $4.6M | 0.58% | +30.1% |
| Huntsville, AL1910Mainly air | $4.8M | $0 | $4.8M | −$4.8M | 0.57% | None a year earlier |
| Anchorage, AK3126Mainly air | $4.6M | $20.9K | $4.6M | −$4.6M | 0.54% | +179.0% |
| Philadelphia, PA1101Mainly vessel | $4.2M | $227.4K | $4.5M | −$4.0M | 0.53% | −93.4% |
| Tacoma, WA3002Mainly vessel | $0 | $4.4M | $4.4M | $4.4M | 0.52% | None a year earlier |
| Calais, ME0115Mainly land/other | $3.9M | $0 | $3.9M | −$3.9M | 0.46% | +88.7% |
| Seattle-Tacoma International Airport, WA3029Mainly air | $3.2M | $663.8K | $3.9M | −$2.6M | 0.46% | −4.0% |
| Baltimore-Washington International Airport, MD1305Mainly air | $3.6M | $3.1K | $3.6M | −$3.6M | 0.43% | −6.2% |
| Washington, DC5401Mainly air | $2.9M | $78.1K | $2.9M | −$2.8M | 0.34% | −28.4% |
| Jacksonville, FL1803Mainly vessel | $2.2M | $717.1K | $2.9M | −$1.5M | 0.34% | −49.9% |
| Miami, FL5201Mainly vessel | $1.3M | $1.4M | $2.7M | $97.1K | 0.32% | +186.3% |
| Miami International Airport, FL5206Mainly air | $938.5K | $1.8M | $2.7M | $828.8K | 0.32% | +15.2% |
| Dallas-Fort Worth, TX5501Mainly air | $775.6K | $1.7M | $2.5M | $941.1K | 0.29% | +245.0% |
| New York, NY1001Mainly vessel | $730.7K | $1.6M | $2.4M | $894.0K | 0.28% | −6.6% |
| Ysleta, TX2401Mainly land/other | $2.2M | $0 | $2.2M | −$2.2M | 0.26% | +8881.5% |
| Los Angeles, CA2704Mainly vessel | $1.5M | $301.4K | $1.8M | −$1.2M | 0.21% | −38.4% |
| Oakland, CA2811Mainly vessel | $1.0M | $661.7K | $1.7M | −$360.5K | 0.20% | −14.8% |
| Philadelphia International Airport, PA1108Mainly air | $0 | $1.5M | $1.5M | $1.5M | 0.17% | −18.8% |
| Savannah, GA1703Mainly vessel | $7.1K | $1.0M | $1.0M | $994.6K | 0.12% | −79.3% |
| Houston, TX5301Mainly vessel | $220.4K | $743.2K | $963.6K | $522.8K | 0.11% | −55.9% |
| Blaine, WA3004Mainly land/other | $16.9K | $839.4K | $856.2K | $822.5K | 0.10% | +1087.6% |
| Orlando, FL1808Mainly air | $798.6K | $36.5K | $835.1K | −$762.1K | 0.10% | +77.0% |
| San Juan, PR4909Mainly vessel | $793.8K | $0 | $793.8K | −$793.8K | 0.09% | +73.7% |
| Minneapolis-St. Paul, MN3501Mainly land/other | $554.7K | $237.5K | $792.2K | −$317.1K | 0.09% | +396.2% |
| Memphis, TN2006Mainly land/other | $0 | $730.3K | $730.3K | $730.3K | 0.09% | +43.6% |
| Atlanta, GA1704Mainly air | $546.1K | $37.3K | $583.4K | −$508.8K | 0.07% | −8.4% |
| Houston Intercontinental Airport, TX5309Mainly air | $230.2K | $348.5K | $578.7K | $118.4K | 0.07% | +45.5% |
| Champlain-Rouses Point, NY0712Mainly land/other | $370.6K | $0 | $370.6K | −$370.6K | 0.04% | None a year earlier |
| Portland, OR2904Mainly vessel | $0 | $307.6K | $307.6K | $307.6K | 0.04% | +122.2% |
| West Palm Beach, FL5204Mainly vessel | $0 | $281.7K | $281.7K | $281.7K | 0.03% | −62.9% |
| Houlton, ME0106Mainly land/other | $281.2K | $0 | $281.2K | −$281.2K | 0.03% | +1.6% |
| Austin, TX5506Mainly air | $0 | $222.0K | $222.0K | $222.0K | 0.03% | +5463.2% |
| Buffalo-Niagara Falls, NY0901Mainly land/other | $801 | $182.4K | $183.2K | $181.6K | 0.02% | −18.3% |
| Seattle, WA3001Mainly vessel | $46.5K | $130.0K | $176.5K | $83.6K | 0.02% | −33.7% |
| Pembina, ND3401Mainly land/other | $174.3K | $0 | $174.3K | −$174.3K | 0.02% | +298.1% |
| Phoenix, AZ2605Mainly air | $19.5K | $129.7K | $149.3K | $110.2K | 0.02% | +132.5% |
| Charleston, SC1601Mainly vessel | $137.6K | $0 | $137.6K | −$137.6K | 0.02% | −83.7% |
| Brunswick, GA1701Mainly vessel | $100.9K | $0 | $100.9K | −$100.9K | 0.01% | −6.5% |
| Honolulu International Airport, HI3205Mainly air | $25.0K | $71.3K | $96.3K | $46.3K | 0.01% | None a year earlier |
| Otay Mesa, CA2506Mainly land/other | $96.1K | $0 | $96.1K | −$96.1K | 0.01% | −77.3% |
| Long Beach, CA2709Mainly vessel | $66.0K | $0 | $66.0K | −$66.0K | 0.01% | None a year earlier |
| Chester, PA1102Mainly vessel | $57.5K | $0 | $57.5K | −$57.5K | 0.01% | −99.9% |
| Louisville, KY4115Mainly air | $10.0K | $45.6K | $55.6K | $35.7K | 0.01% | +101.0% |
| Boston, MA0401Mainly vessel | $46.0K | $0 | $46.0K | −$46.0K | 0.01% | −84.0% |
| Alexandria Bay, NY0708Mainly land/other | $32.9K | $0 | $32.9K | −$32.9K | <0.01% | None a year earlier |
| Detroit, MI3801Mainly land/other | $703 | $26.5K | $27.2K | $25.8K | <0.01% | −74.5% |
| Amarillo, TX5502Mainly air | $0 | $25.0K | $25.0K | $25.0K | <0.01% | None a year earlier |
| Richmond-Petersburg, VA1404Mainly land/other | $18.6K | $0 | $18.6K | −$18.6K | <0.01% | None a year earlier |
| Indianapolis, IN4110Mainly air | $0 | $18.3K | $18.3K | $18.3K | <0.01% | +35.7% |
| San Antonio, TX5507Mainly air | $0 | $15.0K | $15.0K | $15.0K | <0.01% | None a year earlier |
| Christiansted, VI5104Mainly vessel | $10.5K | $0 | $10.5K | −$10.5K | <0.01% | None a year earlier |
| Charlotte, NC1512Mainly air | $0 | $10.5K | $10.5K | $10.5K | <0.01% | −69.6% |
| Wichita, KS4504Mainly air | $0 | $10.2K | $10.2K | $10.2K | <0.01% | −59.3% |
| Laredo, TX2304Mainly land/other | $8.1K | $0 | $8.1K | −$8.1K | <0.01% | −62.2% |
| Nashville, TN2007Mainly air | $0 | $8.0K | $8.0K | $8.0K | <0.01% | None a year earlier |
| Reno, NV2833Mainly air | $0 | $6.4K | $6.4K | $6.4K | <0.01% | −37.5% |
| Orlando Executive Airport, FL1888Mainly air | $0 | $6.0K | $6.0K | $6.0K | <0.01% | −85.0% |
| San Diego, CA2501Mainly vessel | $0 | $4.1K | $4.1K | $4.1K | <0.01% | None a year earlier |
| Calexico-East, CA2507Mainly land/other | $3.7K | $0 | $3.7K | −$3.7K | <0.01% | −83.6% |
| Hilo, HI3202Mainly vessel | $0 | $3.6K | $3.6K | $3.6K | <0.01% | None a year earlier |
| Denver, CO3307Mainly land/other | $2.4K | $0 | $2.4K | −$2.4K | <0.01% | −94.4% |
Port figures are subtotals: they add up to the listed-port total, not the national total above. Shares are of trade through the ports listed. Main mode is each port’s mode by trade value over the latest twelve months, not its gateway type. Source: U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port); released 2026-10-16; retrieved 2026-10-16. Not seasonally adjusted.
Official statisticCK estimateSource figures as of October 16, 2026Sources & methods
- Sources
- U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port)
- Period covered
- January–August 2026
- Source figures as of
- October 16, 2026
- Geography
- Listed U.S. ports of entry and exit handling trade with Iceland
- Sector
- International trade in goods
- Seasonal adjustment
- Not seasonally adjusted
- Transformations
- Monthly values summed over the period by CK Economics. Total trade (imports + exports), balance, shares of the listed-port total, ranks and year-on-year changes calculated by CK Economics
- Revisions
- When Census publishes a new month, CK re-collects the previous 12; older months are re-collected after Census’s annual revision each June, or sooner if Census’s totals for them change. Revised figures replace earlier ones.
- Data status
- Each month passes CK’s release checks (complete, totals reconcile with Census’s, no sharp jumps) before it is published.
- Limitations
- Goods only, not services. General imports at customs value, total exports at f.a.s. value. Port figures are subtotals and don’t add up to the national total. Listed ports only: Census’s pseudo-ports (mail, low-value shipments, vessels under their own power) and unnamed ports are left out.
Largest ports for trade with Iceland, by trade
U.S. dollars · January–August 2026 · port subtotals
- Imports
- Exports
- JFK International Airport, NYImports: $156.7MExports: $133.8M
- Portland, MEImports: $113.8MExports: $44.8M
- San Francisco International Airport, CAImports: $1.8MExports: $87.8M
- Logan Airport, MAImports: $46.6MExports: $7.7M
- New Orleans, LAImports: $12.1MExports: $17.1M
- Norfolk-Newport News, VAImports: $22.0MExports: $2.4M
- St. Louis, MOImports: $0Exports: $23.0M
- Cleveland, OHImports: $6.9MExports: $15.8M
- Chicago, ILImports: $14.9MExports: $4.3M
- Los Angeles International Airport, CAImports: $1.4MExports: $17.3M
Top 10 = 85.7% of U.S. trade with Iceland through the ports listed.
Source: U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port); released 2026-10-16; retrieved 2026-10-16. Not seasonally adjusted.
Official statisticCK estimateSource figures as of October 16, 2026Sources & methods
- Sources
- U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port)
- Period covered
- January–August 2026
- Source figures as of
- October 16, 2026
- Geography
- Listed U.S. ports of entry and exit handling trade with Iceland
- Sector
- International trade in goods
- Seasonal adjustment
- Not seasonally adjusted
- Transformations
- Monthly values summed over the period by CK Economics. Total trade (imports + exports), balance, shares of the listed-port total, ranks and year-on-year changes calculated by CK Economics
- Revisions
- When Census publishes a new month, CK re-collects the previous 12; older months are re-collected after Census’s annual revision each June, or sooner if Census’s totals for them change. Revised figures replace earlier ones.
- Data status
- Each month passes CK’s release checks (complete, totals reconcile with Census’s, no sharp jumps) before it is published.
- Limitations
- Goods only, not services. General imports at customs value, total exports at f.a.s. value. Port figures are subtotals and don’t add up to the national total. Listed ports only: Census’s pseudo-ports (mail, low-value shipments, vessels under their own power) and unnamed ports are left out.
View data table
| Port | Imports | Exports |
|---|---|---|
| JFK International Airport, NY | $156.7M | $133.8M |
| Portland, ME | $113.8M | $44.8M |
| San Francisco International Airport, CA | $1.8M | $87.8M |
| Logan Airport, MA | $46.6M | $7.7M |
| New Orleans, LA | $12.1M | $17.1M |
| Norfolk-Newport News, VA | $22.0M | $2.4M |
| St. Louis, MO | $0 | $23.0M |
| Cleveland, OH | $6.9M | $15.8M |
| Chicago, IL | $14.9M | $4.3M |
| Los Angeles International Airport, CA | $1.4M | $17.3M |
Trade with Iceland by the ports’ main mode
U.S. dollars · January–August 2026 · every listed port
- Imports
- Exports
- Mainly vesselImports: $169.7MExports: $60.1M
- Mainly airImports: $267.5MExports: $308.7M
- Mainly land/otherImports: $7.9MExports: $29.8M
- MixedImports: $8.7MExports: $0
Ports grouped by their main mode by trade value over the latest twelve months (vessel or air at least half; land/other when vessel and air together are under half; otherwise mixed). A port’s group says how most of its trade moves, not what kind of gateway it is.
Source: U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port); released 2026-10-16; retrieved 2026-10-16. Not seasonally adjusted.
Official statisticCK estimateSource figures as of October 16, 2026Sources & methods
- Sources
- U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port)
- Period covered
- January–August 2026
- Source figures as of
- October 16, 2026
- Geography
- Listed U.S. ports handling trade with Iceland
- Sector
- International trade in goods
- Seasonal adjustment
- Not seasonally adjusted
- Transformations
- Monthly values summed over the period by CK Economics. Ports grouped by their main mode over the latest twelve months, and each group summed, by CK Economics
- Revisions
- When Census publishes a new month, CK re-collects the previous 12; older months are re-collected after Census’s annual revision each June, or sooner if Census’s totals for them change. Revised figures replace earlier ones.
- Data status
- Each month passes CK’s release checks (complete, totals reconcile with Census’s, no sharp jumps) before it is published.
- Limitations
- Goods only, not services. General imports at customs value, total exports at f.a.s. value. A port’s group says how most of its trade moves, not what kind of gateway it is.
View data table
| Main mode by value | Imports | Exports |
|---|---|---|
| Mainly vessel | $169.7M | $60.1M |
| Mainly air | $267.5M | $308.7M |
| Mainly land/other | $7.9M | $29.8M |
| Mixed | $8.7M | $0 |
Monthly U.S. imports from and exports to Iceland
U.S. dollars · January 2025–August 2026 · national totals
- Imports
- Exports
Source: U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port); released 2026-10-16; retrieved 2026-10-16. Not seasonally adjusted.
Official statisticSource figures as of October 16, 2026Sources & methods
- Sources
- U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port)
- Period covered
- January 2025–August 2026
- Source figures as of
- October 16, 2026
- Geography
- U.S. trade with Iceland, all U.S. customs districts
- Sector
- International trade in goods
- Seasonal adjustment
- Not seasonally adjusted
- Transformations
- None: figures as published
- Revisions
- When Census publishes a new month, CK re-collects the previous 12; older months are re-collected after Census’s annual revision each June, or sooner if Census’s totals for them change. Revised figures replace earlier ones.
- Data status
- Each month passes CK’s release checks (complete, totals reconcile with Census’s, no sharp jumps) before it is published.
- Limitations
- Goods only, not services. General imports at customs value, total exports at f.a.s. value.
View data table
| Month | Imports | Exports |
|---|---|---|
| Jan 2025 | $74.6M | $103.7M |
| Feb 2025 | $111.2M | $46.0M |
| Mar 2025 | $89.5M | $78.6M |
| Apr 2025 | $75.5M | $110.5M |
| May 2025 | $74.8M | $141.9M |
| Jun 2025 | $67.4M | $21.1M |
| Jul 2025 | $114.5M | $28.5M |
| Aug 2025 | $168.7M | $36.1M |
| Sep 2025 | $63.9M | $119.9M |
| Oct 2025 | $68.8M | $29.5M |
| Nov 2025 | $50.8M | $28.7M |
| Dec 2025 | $47.4M | $29.1M |
| Jan 2026 | $49.3M | $32.5M |
| Feb 2026 | $47.5M | $70.2M |
| Mar 2026 | $75.4M | $23.7M |
| Apr 2026 | $51.7M | $30.7M |
| May 2026 | $53.0M | $52.2M |
| Jun 2026 | $59.0M | $51.0M |
| Jul 2026 | $55.9M | $116.7M |
| Aug 2026 | $69.8M | $57.4M |
Monthly U.S. goods balance with Iceland
U.S. dollars, exports − imports · January 2025–August 2026 · national totals
- Deficit (below zero)
- Surplus (above zero)
Source: U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port); released 2026-10-16; retrieved 2026-10-16. Not seasonally adjusted.
Official statisticCK estimateSource figures as of October 16, 2026Sources & methods
- Sources
- U.S. Census Bureau, International Trade API (goods trade by country, national and by U.S. port)
- Period covered
- January 2025–August 2026
- Source figures as of
- October 16, 2026
- Geography
- U.S. trade with Iceland, all U.S. customs districts
- Sector
- International trade in goods
- Seasonal adjustment
- Not seasonally adjusted
- Transformations
- Balance (exports − imports) calculated by CK Economics
- Revisions
- When Census publishes a new month, CK re-collects the previous 12; older months are re-collected after Census’s annual revision each June, or sooner if Census’s totals for them change. Revised figures replace earlier ones.
- Data status
- Each month passes CK’s release checks (complete, totals reconcile with Census’s, no sharp jumps) before it is published.
- Limitations
- Goods only, not services. General imports at customs value, total exports at f.a.s. value.
View data table
| Month | Balance |
|---|---|
| Jan 2025 | $29.1M |
| Feb 2025 | −$65.2M |
| Mar 2025 | −$10.9M |
| Apr 2025 | $35.0M |
| May 2025 | $67.1M |
| Jun 2025 | −$46.3M |
| Jul 2025 | −$86.0M |
| Aug 2025 | −$132.5M |
| Sep 2025 | $56.0M |
| Oct 2025 | −$39.3M |
| Nov 2025 | −$22.1M |
| Dec 2025 | −$18.3M |
| Jan 2026 | −$16.8M |
| Feb 2026 | $22.7M |
| Mar 2026 | −$51.7M |
| Apr 2026 | −$21.1M |
| May 2026 | −$852.0K |
| Jun 2026 | −$8.1M |
| Jul 2026 | $60.8M |
| Aug 2026 | −$12.4M |
Products · live from Census
What moves
Loading product detail from Census…
Overview
Iceland in figures
The latest figure each source reports, from the IMF’s World Economic Outlook. Annual figures come from one international source on one definition for every country, so they compare across this site’s country pages.
Output
IMF World Economic Outlook, annual
Prices and jobs
IMF, annual
Outlook
Where the IMF sees it going
The IMF’s World Economic Outlook projections next to the last two years it reports.
IMF forecast
World Economic Outlook, October 2026. Shaded columns from 2026 on are the IMF’s projections, not CK Economics’.
| Indicator | 2024 | 2025 | 2026IMF forecast → | 2027 (IMF forecast) | 2028 (IMF forecast) | 2029 (IMF forecast) | 2030 (IMF forecast) | Trend |
|---|---|---|---|---|---|---|---|---|
| Real GDP growth, % | −0.9 | 1.1 | 1.4 | 1.8 | 2.1 | 2.4 | 2.4 | |
| Inflation, annual average, % | 5.9 | 4.1 | 5.6 | 3.6 | 2.4 | 2.5 | 2.5 | |
| Unemployment rate, % | 3.4 | 4.3 | 4.8 | 4.5 | 4.1 | 4.0 | 4.0 | |
| Government balance, % of GDP | −4.1 | −2.6 | −1.4 | −0.5 | −0.4 | −0.2 | −0.1 | |
| Government gross debt, % of GDP | 60.5 | 56.7 | 54.6 | 52.9 | 51.6 | 50.0 | 48.6 | |
| Current account balance, % of GDP | −3.4 | −4.0 | −2.5 | −1.4 | −0.6 | −0.2 | 0.1 |
International Monetary Fund, World Economic Outlook, via the IMF DataMapper. Years before 2026 are the IMF’s reported series, which for some countries include staff estimates.
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Iceland: Real GDP growth
Annual percentage change in gross domestic product at constant prices.
Official statisticIMF forecastSource figures as of October 8, 2026 · International Monetary Fund’s own, as published, To 2031Sources & methods
- Sources
- International Monetary Fund
- Period covered
- 1980 – 2025
- Source figures as of
- October 8, 2026
- Geography
- Iceland
- Sector
- Whole economy (not a single sector)
- Seasonal adjustment
- Not applicable
- Transformations
- None: figures as published
- Forecast method
- International Monetary Fund’s own, as published
- Assumptions
- International Monetary Fund’s own
- Horizon
- To 2031
- Interval
- Not recorded
- Backtest
- See the publisher
- Revisions
- Replaced with the source’s latest figures whenever it revises them.
- Data status
- Current
Download and source
- Every value (CSV) · JSON
- Full series page: methodology, revisions and citation →
- International Monetary Fund, World Economic Outlook (WEO October 2026). Source series NGDP_RPCH. Licence: IMF terms of use (https://www.imf.org/en/About/copyright-and-terms). At the source ↗
Definitions
Read the figures alike
Every figure keeps its source’s definition; where two sound alike but are measured differently, the difference is here.
- GDP in dollars
- The IMF converts GDP at current prices at each year’s market exchange rate, so the dollar figure moves with the currency. GDP per person at purchasing power parity converts at the cost of the same basket of goods in every country instead, which suits comparisons of living standards.
- Unemployment
- The IMF’s annual unemployment rate follows each country’s national definition (age limits, what counts as looking for work), so levels are not strictly comparable across countries.
- Trade
- The Trade section is U.S. Census Bureau goods trade between this country and the United States only, month by month. The current account (IMF) is the balance of goods and services trade with every partner plus income flows.
- Latest values and forecasts
- Each latest figure is the most recent period the source does not label a projection; for some countries the IMF’s latest years are its staff estimates. Values the IMF projects are labelled “IMF forecast” wherever they appear. They are the IMF’s, not CK Economics’.