Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Iceland's terms of trade stands at 88.4 as of 2024-12-31, down from 92.4 in 2023. Historical data runs from 2005 to 2024 (20 observations).
In 2024, Iceland's terms of trade was 88.4, down from 92.4 in 2023.
In 2023, Iceland's terms of trade was 92.4, down from 100 in 2022.
In 2022, Iceland's terms of trade was 100, up from 99 in 2021.
In 2021, Iceland's terms of trade was 99, up from 93.2 in 2020.
In 2020, Iceland's terms of trade was 93.2, down from 94.8 in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 88.4 | -4 |
| 2023 | 92.4 | -7.6 |
| 2022 | 100 | +1 |
| 2021 | 99 | +5.8 |
| 2020 | 93.2 | -1.6 |
| 2019 | 94.8 | +0.9 |
| 2018 | 93.9 | -3.2 |
| 2017 | 97.1 | -1 |
| 2016 | 98.1 | -1.9 |
| 2015 | 100 | +9.7 |
| 2014 | 90.3 | +3.7 |
| 2013 | 86.6 | -4.3 |
| 2012 | 90.9 | -5.5 |
| 2011 | 96.4 | -2.7 |
| 2010 | 99.1 | +7.5 |
| 2009 | 91.6 | -8.2 |
| 2008 | 99.8 | -11.6 |
| 2007 | 111.4 | -1.2 |
| 2006 | 112.6 | +7.1 |
| 2005 | 105.5 | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's terms of trade is 88.4 as of 2024-12-31, compared with 92.4 in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 112.6 (2006); the lowest is 86.6 (2013), across data from 2005 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.