Iceland Net Barter Terms of Trade Index

2000 - 2021 | Yearly | 2015=100 | World Bank

Iceland Net Barter Terms of Trade Index data was reported at 98.960 2015=100 in 2021. This records an increase from the previous number of 93.170 2015=100 for 2020. Iceland Net Barter Terms of Trade Index data is updated yearly, averaging 99.045 2015=100 from Dec 2000 (Median) to 2021, with 22 observations. The data reached an all-time high of 117.497 2015=100 in 2002 and a record low of 86.628 2015=100 in 2013. Iceland Net Barter Terms of Trade Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Index. Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.;United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.;;

View Iceland's Iceland Net Barter Terms of Trade Index from 2000 to 2021 in the chart:

Iceland Iceland Net Barter Terms of Trade Index

What was Iceland's Iceland Net Barter Terms of Trade Index in 2021?

Last Previous Min Max Unit Frequency Range
98.960 2021 93.170 2020 86.628 2013 117.497 2002 2015=100 yearly 2000 - 2021

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Iceland Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 89,119.494 2030 yearly 1980 - 2030
Forecast: Nominal GDP Per Capita (USD) 134,167.519 2030 yearly 1980 - 2030
Forecast: Real GDP Growth (%) 2.397 2030 yearly 1980 - 2030
GDP Deflator Growth (%) 7.1 Sep 2025 quarterly Mar 1996 - Sep 2025
GDP per Capita (USD) 86,472.856 2024 yearly 1960 - 2024
Gross Fixed Capital Formation (USD mn) 2,610.127 Sep 2025 quarterly Mar 1995 - Sep 2025
Gross National Product (GNP) (USD mn) 33,101.572 2024 yearly 1960 - 2024
Gross Savings Rate (%) 29.1 Sep 2025 quarterly Mar 1995 - Sep 2025
Investment: % of GDP (%) 26.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Nominal GDP (USD mn) 10,118.7 Sep 2025 quarterly Mar 1995 - Sep 2025
Nominal GDP Growth (%) 7.308 Sep 2025 quarterly Mar 1996 - Sep 2025
Private Consumption Expenditure (USD mn) 5,067.583 Sep 2025 quarterly Mar 1995 - Sep 2025
Private Consumption: % of GDP (%) 45.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Public Consumption Expenditure (USD mn) 2,668.956 Sep 2025 quarterly Mar 1995 - Sep 2025
Public Consumption: % of GDP (%) 25.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Real GDP Growth (%) 0.2 Sep 2025 quarterly Mar 1996 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 83.000 Sep 2025 quarterly Mar 1995 - Sep 2025
Production Last Frequency Range
Industrial Production Index Growth (%) 11.7 2018 yearly 2008 - 2018
Minerals Production (Metric Ton) 757,904.000 2023 yearly 2009 - 2023
Construction and Properties Last Frequency Range
House Prices Growth (%) 3.2 Nov 2025 monthly Mar 2001 - Nov 2025
Nominal Residential Property Price Index (2010=100) 366.706 Jun 2025 quarterly Mar 2000 - Jun 2025
Nominal Residential Property Price Index Growth (%) 5.845 Jun 2025 quarterly Mar 2000 - Jun 2025
Real Residential Property Price Index (2010=100) 204.141 Jun 2025 quarterly Mar 2000 - Jun 2025
Real Residential Property Price Index Growth (%) 1.740 Jun 2025 quarterly Mar 2000 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.2 Sep 2025 quarterly Mar 2002 - Sep 2025
Forecast: Government Expenditure (ISK bn) 2,773.605 2030 yearly 1980 - 2030
Forecast: Government Net Debt (ISK bn) 2,445.114 2030 yearly 1982 - 2030
Forecast: Government Revenue (ISK bn) 2,770.902 2030 yearly 1980 - 2030
Government Debt: % of GDP (%) 60.3 2024 yearly 1998 - 2024
National Government Debt (USD mn) 20,025.7 2024 yearly 1998 - 2024
Tax Revenue (USD mn) 3,494.168 Sep 2025 quarterly Mar 2002 - Sep 2025
Consolidated Fiscal Balance (USD mn) -121.031 Sep 2025 quarterly Mar 2002 - Sep 2025
Tax Revenue: % of GDP (%) 33.2 Sep 2025 quarterly Mar 2002 - Sep 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 233,400.000 Oct 2025 monthly Jan 2003 - Oct 2025
Forecast: Employment (Person mn) 0.224 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 0.433 2030 yearly 1980 - 2030
Forecast: Unemployment Rate (%) 4.000 2030 yearly 1980 - 2030
Labour Force Participation Rate (%) 79.8 Dec 2024 monthly Jan 2003 - Dec 2024
Labour Productivity Growth (%) -0.13 Jun 2025 quarterly Mar 2004 - Jun 2025
Monthly Earnings (USD) 7,307 2024 yearly 1998 - 2024
Population (Person mn) 0.4 2024 yearly 1732 - 2024
Unemployment Rate (%) 3.35 Dec 2024 monthly Jan 2003 - Dec 2024

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