Iceland, Trade Openness (Trade/GDP), %
Trade Openness (Trade/GDP) for Iceland. Yearly Figures, 2011 to 2031.
- Share: The Trade Openness (Trade/GDP) for Iceland was 86.6% in 2026.
- Change: The share is almost unchanged against a year earlier, within 0.2 percentage points.
- Standing: The highest level since 2023, but still 15.8 percentage points below the 2012 peak.
- Momentum: The pace of change is unchanged from last year’s change.
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value % | 86.36 | 88.93 | 83.79 | 68.65 | 76.23 | 93.02 | 87.24 | 86.18 | 86.43 | 86.64 |
| % Growth | −1.6% | +3.0% | −5.8% | −18.1% | +11.0% | +22.0% | −6.2% | −1.2% | +0.3% | +0.3% |
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