Imports as a share of GDP fell 1.28% to 0.427% in Iceland in 2024, according to the National Statistical Office.
Historically, imports as a share of GDP in Iceland reached an all time high of 0.492% in 2012 and an all time low of 0.293% in 1993. When compared to Iceland's main peers, imports as a share of GDP in Denmark amounted to 0.589%, 0.337% in Norway, 0.502% in Sweden and 0.318% in United Kingdom in 2024.
Iceland has been ranked 61st within the group of 130 countries we follow in terms of imports as a share of GDP, 12 places above the position seen 10 years ago.
| Imports (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Belgium | % | 0.848% | 0.825% | 0.778% | 0.878% | 0.967% | ||||||||||||||||
| Denmark | % | 0.518% | 0.529% | 0.494% | 0.526% | 0.610% | ||||||||||||||||
| Finland | % | 0.400% | 0.399% | 0.360% | 0.399% | 0.483% | ||||||||||||||||
| France | % | 0.339% | 0.335% | 0.303% | 0.325% | 0.393% | ||||||||||||||||
| Germany | % | 0.366% | 0.367% | 0.338% | 0.375% | 0.433% | ||||||||||||||||
| Iceland | % | 0.426% | 0.391% | 0.347% | 0.393% | 0.463% | ||||||||||||||||
| Ireland | % | 0.935% | 1.22% | 1.15% | 0.914% | 0.954% | ||||||||||||||||
| Netherlands | % | 0.765% | 0.754% | 0.710% | 0.767% | 0.877% | ||||||||||||||||
| Norway | % | 0.318% | 0.343% | 0.331% | 0.282% | 0.271% | ||||||||||||||||
| Russia | % | 0.208% | 0.208% | 0.204% | 0.206% | 0.151% | ||||||||||||||||
| Sweden | % | 0.442% | 0.443% | 0.401% | 0.430% | 0.520% | ||||||||||||||||
| United Kingdom | % | 0.330% | 0.330% | 0.291% | 0.294% | 0.353% |
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