Iceland, Trade Openness (Trade/GDP), %

Trade Openness (Trade/GDP) for Iceland. Yearly Figures, 2002 to 2030.

  • Share: The Trade Openness (Trade/GDP) for Iceland was 86.7% in 2026.
  • Level: Highest since 2023; still 15.8 percentage points below 2012 peak.
  • Growth: The share is almost unchanged against a year earlier, within 0.2 percentage points.
Time series data for the chart above
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Value % 86.36 88.93 83.79 68.65 76.23 93.02 87.36 86.21 86.46 86.68
% Growth −1.6% +3.0% −5.8% −18.1% +11.0% +22.0% −6.1% −1.3% +0.3% +0.3%

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