Iceland Forecast: Exports of Goods Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Iceland Exports of Goods Growth Forecast

  • Iceland Exports of Goods Growth is forecasted to be 1.000 % in Dec 2023 as reported by International Monetary Fund
  • It records no change from the last reported number of 1.362 % in Dec 2022
  • Looking ahead, Iceland Exports of Goods Growth is projected to stand at 2.655 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Volume of Exports of Goods: YoY

View Iceland's Forecast: Exports of Goods Growth from 1980 to 2028 in the chart:

Iceland Forecast: Exports of Goods Growth

What is Iceland's Forecast: Exports of Goods Growth in 2028?

Iceland Exports of Goods Growth is forecasted to be 1.000 % in Dec 2023 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.655 2028 2.655 2027 -17.133 1982 17.522 2007 % yearly 1980 - 2028

Forecast: Exports of Goods Growth by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) -16.606 2020 yearly 2003 - 2020
Albania (%) 4.349 2028 yearly 1980 - 2028
Algeria (%) 0.225 2028 yearly 1980 - 2028
Angola (%) 1.335 2028 yearly 1998 - 2028
Antigua and Barbuda (%) 4.785 2028 yearly 2015 - 2028
Argentina (%) 4.933 2028 yearly 1980 - 2028
Armenia (%) 5.009 2028 yearly 1996 - 2028
Australia (%) 2.289 2028 yearly 1980 - 2028
Austria (%) 2.073 2028 yearly 1980 - 2028
Azerbaijan (%) -0.362 2028 yearly 1993 - 2028
Bahamas (%) 2.545 2028 yearly 1980 - 2028
Bahrain (%) -0.117 2028 yearly 1996 - 2028
Bangladesh (%) 11.439 2028 yearly 1980 - 2028
Barbados (%) 1.735 2028 yearly 1980 - 2028
Belarus (%) 1.284 2028 yearly 1993 - 2028
Belgium (%) 3.281 2028 yearly 1980 - 2028
Belize (%) 2.015 2028 yearly 1980 - 2028
Benin (%) 8.597 2028 yearly 1980 - 2028
Bhutan (%) 0.448 2028 yearly 1980 - 2028
Bolivia (%) 3.393 2028 yearly 1980 - 2028
Bosnia and Herzegovina (%) 1.020 2028 yearly 1999 - 2028
Botswana (%) 4.332 2028 yearly 1980 - 2028
Brazil (%) 2.645 2028 yearly 1980 - 2028
Brunei (%) 4.478 2028 yearly 1980 - 2028
Bulgaria (%) 3.353 2028 yearly 1980 - 2028
Burkina Faso (%) 6.698 2028 yearly 1981 - 2028
Burundi (%) 6.502 2028 yearly 1980 - 2028
Cambodia (%) 7.168 2028 yearly 1996 - 2028
Cameroon (%) 6.117 2028 yearly 1980 - 2028
Canada (%) 3.047 2028 yearly 1980 - 2028
Cape Verde (%) 12.859 2028 yearly 1980 - 2028
Central African Republic (%) 5.200 2028 yearly 1980 - 2028
Chad (%) 2.172 2028 yearly 1980 - 2028
Chile (%) 3.499 2028 yearly 1980 - 2028
China (%) 2.732 2028 yearly 1998 - 2028
Colombia (%) 3.416 2028 yearly 1980 - 2028
Comoros (%) 4.316 2028 yearly 1980 - 2028
Congo (%) 4.691 2028 yearly 1980 - 2028
Costa Rica (%) 6.292 2028 yearly 1980 - 2028
Croatia (%) 2.000 2028 yearly 1993 - 2028
Cyprus (%) 2.500 2028 yearly 2001 - 2028
Czech Republic (%) 2.600 2028 yearly 1996 - 2028
Democratic Republic of Congo (%) 7.660 2028 yearly 1980 - 2028
Denmark (%) 2.200 2028 yearly 1980 - 2028
Djibouti (%) 7.123 2028 yearly 1990 - 2028
Dominica (%) 4.500 2028 yearly 2001 - 2028
Dominican Republic (%) 7.148 2028 yearly 1980 - 2028
Ecuador (%) 1.962 2028 yearly 1980 - 2028
Egypt (%) 5.419 2028 yearly 1980 - 2028
El Salvador (%) 3.847 2028 yearly 1980 - 2028
Equatorial Guinea (%) -8.315 2028 yearly 1981 - 2028
Eritrea (%) 1.420 2028 yearly 1998 - 2028
Estonia (%) 3.000 2028 yearly 1994 - 2028
Swaziland (%) 3.365 2028 yearly 1980 - 2028
Ethiopia (%) 14.016 2028 yearly 1981 - 2028
Fiji (%) 0.000 yearly -
Finland (%) 3.200 2028 yearly 1981 - 2028
France (%) 3.501 2028 yearly 1980 - 2028
Gabon (%) 3.388 2028 yearly 1980 - 2028
Gambia (%) 5.754 2028 yearly 2000 - 2028
Georgia (%) 7.728 2028 yearly 1995 - 2028
Germany (%) 2.859 2028 yearly 1980 - 2028
Ghana (%) 4.394 2028 yearly 1980 - 2028
Greece (%) 3.319 2028 yearly 1980 - 2028
Grenada (%) 2.305 2028 yearly 2015 - 2028
Guatemala (%) 5.034 2028 yearly 1980 - 2028
Guinea (%) 6.402 2028 yearly 1980 - 2028
Guinea-Bissau (%) 2.161 2028 yearly 1981 - 2028
Guyana (%) 2.724 2028 yearly 1980 - 2028
Haiti (%) 4.755 2028 yearly 1980 - 2028
Honduras (%) 4.470 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 4.060 2028 yearly 1980 - 2028
Hungary (%) 4.701 2028 yearly 1980 - 2028
Iceland (%) 2.655 2028 yearly 1980 - 2028
India (%) 3.747 2028 yearly 1980 - 2028
Indonesia (%) 6.805 2028 yearly 1980 - 2028
Iran (%) -0.334 2028 yearly 1980 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 5.040 2028 yearly 1980 - 2028
Israel (%) 0.891 2028 yearly 1980 - 2028
Italy (%) 2.339 2028 yearly 1980 - 2028
Ivory Coast (%) 6.473 2028 yearly 1980 - 2028
Jamaica (%) 3.533 2028 yearly 1980 - 2028
Japan (%) 1.674 2028 yearly 1980 - 2028
Jordan (%) 3.575 2028 yearly 1980 - 2028
Kazakhstan (%) 3.153 2028 yearly 1993 - 2028
Kenya (%) 7.212 2028 yearly 1980 - 2028
Kiribati (%) -0.110 2028 yearly 1980 - 2028
South Korea (%) 3.054 2028 yearly 1980 - 2028
Kosovo (%) 5.775 2028 yearly 2001 - 2028
Kuwait (%) 2.994 2028 yearly 1980 - 2028
Kyrgyzstan (%) 1.562 2028 yearly 1993 - 2028
Laos (%) 6.726 2028 yearly 1980 - 2028
Latvia (%) 2.600 2028 yearly 1993 - 2028
Lebanon (%) -21.652 2020 yearly 1980 - 2020
Lesotho (%) 2.227 2028 yearly 1980 - 2028
Liberia (%) 4.794 2025 yearly 1998 - 2025
Libya (%) -3.656 2028 yearly 1980 - 2028
Lithuania (%) 7.799 2016 yearly 1996 - 2016
Luxembourg (%) 2.400 2028 yearly 1987 - 2028

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Iceland Key Series

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Includes 242 key indicators for Iceland, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.5 Jun 2023 quarterly Mar 2002 - Jun 2023
Consolidated Fiscal Balance (USD mn) -114.241 Jun 2023 quarterly Mar 2002 - Jun 2023
Tax Revenue (USD mn) 2,435.976 Jun 2023 quarterly Mar 2002 - Jun 2023
Tax Revenue: % of GDP (%) 32.3 Jun 2023 quarterly Mar 2002 - Jun 2023
National Government Debt (USD mn) 18,223.8 2022 yearly 1998 - 2022
Government Debt: % of GDP (%) 68.7 2022 yearly 1998 - 2022
Forecast: Government Expenditure (ISK bn) 2,331.344 2028 yearly 1980 - 2028
Forecast: Government Net Debt (ISK bn) 2,287.093 2028 yearly 1982 - 2028
Forecast: Government Revenue (ISK bn) 2,279.940 2028 yearly 1980 - 2028
General Govt Revenue: Tax (ISK bn) 334.943 Jun 2023 quarterly Mar 2002 - Jun 2023
General Govt Expenditure: Use of Goods and Services (ISK bn) 118.966 Jun 2023 quarterly Mar 2002 - Jun 2023
General Govt Revenue: Others (ISK bn) 81.674 Jun 2023 quarterly Mar 2002 - Jun 2023
General Govt Revenue: Social Contributions (ISK bn) 25.950 Dec 2018 quarterly Mar 2004 - Dec 2018
General Govt Expenditure (ISK bn) 318.717 Dec 2018 quarterly Mar 2004 - Dec 2018
General Govt Revenue (ISK bn) 318.632 Dec 2018 quarterly Mar 2004 - Dec 2018
General Govt Expenditure: Compensation of Employees (ISK bn) 153.560 Jun 2023 quarterly Mar 2002 - Jun 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.655 2028 yearly 1980 - 2028
Trade Balance (USD mn) -107.2 Sep 2023 monthly Jan 1957 - Sep 2023
Total Exports (USD mn) 514.4 Oct 2023 monthly Jan 1988 - Oct 2023
Total Exports Growth (%) -10.7 Oct 2023 monthly Jan 1989 - Oct 2023
Aluminum: Exports (USD th) 3,056,122.646 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 8,718.936 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 23,070.343 2022 yearly 1995 - 2022
Total Imports (USD mn) 878.2 Oct 2023 monthly Jan 1988 - Oct 2023
Total Imports Growth (%) -10.3 Oct 2023 monthly Jan 1989 - Oct 2023
Imports: Medicament (USD th) 201,111.029 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 40,398.524 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 55.266 Aug 2023 monthly Jan 1988 - Aug 2023
Total Imports from USA (USD mn) 47.544 Aug 2023 monthly Apr 1964 - Aug 2023
Total Exports to China (USD mn) 13.832 Aug 2023 monthly Jan 1988 - Aug 2023
Total Imports from China (USD mn) 67.855 Aug 2023 monthly Feb 1973 - Aug 2023
Imports: China (ISK mn) 9,552.105 Sep 2023 monthly Jan 1988 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -492.8 Jun 2023 quarterly Mar 1990 - Jun 2023
Current Account Balance (USD mn) -71.2 Mar 2023 quarterly Mar 1976 - Mar 2023
Current Account Balance: % of GDP (%) 0.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Foreign Direct Investment (USD mn) -454.7 Jun 2023 quarterly Mar 1976 - Jun 2023
Foreign Direct Investment: % of GDP (%) -6.0 Jun 2023 quarterly Mar 1995 - Jun 2023
Foreign Portfolio Investment (USD mn) -263.239 Jun 2023 quarterly Mar 1995 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) -3.5 Jun 2023 quarterly Mar 1995 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 29.4 Jun 2023 quarterly Mar 1995 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -292.629 Jun 2023 quarterly Mar 1995 - Jun 2023
External Debt (USD mn) 21,783.0 Mar 2023 quarterly Dec 1989 - Mar 2023
External Debt: % of GDP (%) 78.9 2022 yearly 1989 - 2022
External Debt: Short Term (USD mn) 2,674.4 Jun 2023 quarterly Dec 1989 - Jun 2023
External Debt: Short Term: % of GDP (%) 8.6 2022 yearly 1989 - 2022
Total Debt: % of GDP (%) 766.2 2021 yearly 2003 - 2021
Forecast: Current Account Balance (USD bn) 0.471 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 7,492.682 Mar 2023 quarterly Dec 1989 - Mar 2023
BoP: CA: SI: Debit (ISK mn) 22,882.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: PI: Debit (ISK mn) 21,316.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: PI: Credit (ISK mn) 38,329.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: Capital Account: Debit (ISK mn) 899.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: Financial Account (FA) (ISK mn) -11,127.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: Net Errors & Omissions (ISK mn) -17,761.000 Jun 2023 quarterly Mar 1995 - Jun 2023
Balance of Payments (BoP): Current Account (CA) (ISK mn) 7,534.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Services: Debit (ISK mn) 158,735.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Assets: Financial Derivatives (ISK mn) -2,644.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Goods: Credit (ISK mn) 230,162.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Primary Income (PI) (ISK mn) 17,014.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Services: Credit (ISK mn) 246,474.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: SI: Credit (ISK mn) 9,765.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Assets (ISK mn) -88,366.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Assets: Other Investment (OI) (ISK mn) -35,575.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Services (ISK mn) 87,739.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Liabilities: PI (ISK mn) -36,195.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: Capital Account (ISK mn) -899.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: Capital Account: Credit (ISK mn) 0.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Liabilities: OI (ISK mn) 21,473.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Goods (ISK mn) -84,102.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Secondary Income (SI) (ISK mn) -13,117.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Assets: Direct Investment (DI) (ISK mn) -67,765.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Assets: Portfolio Investment (PI) (ISK mn) 44,820.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Goods: Debit (ISK mn) 314,263.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Assets: Reserve Assets (RA) (ISK mn) -27,202.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Liabilities (ISK mn) -77,240.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Liabilities: PI: Debt Securities (ISK mn) -35,760.000 Dec 2018 quarterly Mar 1995 - Dec 2018
BoP: FA: Liabilities: DI (ISK mn) -62,518.000 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: CA: Exports of Goods and Services (ISK mn) 476,636.000 Jun 2023 quarterly Mar 1995 - Jun 2023
International Investment Position (IIP): Net (ISK mn) 1,158,289.000 Jun 2023 quarterly Mar 1995 - Jun 2023
IIP: Assets (ISK mn) 5,193,144.000 Jun 2023 quarterly Mar 1995 - Jun 2023
IIP: Liabilities (ISK mn) 4,034,855.000 Jun 2023 quarterly Mar 1995 - Jun 2023
External Debt: Central Bank (CB) (ISK mn) 78,723.000 Jun 2023 quarterly Mar 1995 - Jun 2023
External Debt: General Government (GG) (ISK mn) 271,310.000 Jun 2023 quarterly Mar 1995 - Jun 2023
Foreign Direct Investment: Flow (ISK mn) 109,430.000 2022 yearly 1988 - 2022
Foreign Direct Investment: Stock (ISK mn) 1,258,703.000 2022 yearly 1988 - 2022
Foreign Direct Investment: NACE 2: Flow: Agriculture & Fishing (ISK mn) 1,074.840 2017 yearly 1998 - 2017
Foreign Direct Investment: NACE 2: Flow: Real Estate Companies (ISK mn) 867.424 2017 yearly 1998 - 2017
Foreign Direct Investment: NACE 2: Flow: Professional, Scientific & Technical Ac... (ISK mn) 681.984 2017 yearly 1998 - 2017
Foreign Direct Investment: Flow: Europe: Switzerland (ISK mn) 10,761.148 2022 yearly 1998 - 2022
Foreign Direct Investment: Flow: Europe: Netherlands (ISK mn) -30,006.528 2022 yearly 1998 - 2022
Foreign Direct Investment: Flow: Europe: Luxembourg (ISK mn) 113,531.138 2022 yearly 1998 - 2022
Foreign Direct Investment: Flow: Europe: Denmark (ISK mn) 2,479.208 2022 yearly 1998 - 2022
Foreign Direct Investment: Flow: America: United States (ISK mn) 23,480.965 2022 yearly 1998 - 2022
Direct Investment Abroad: NACE 2: Flow (ISK mn) -29,316.000 2022 yearly 1988 - 2022
Direct Investment Abroad: NACE 2: Flow: Financial & Insurance Activities (ISK mn) -26,386.515 2017 yearly 1998 - 2017
Direct Investment Abroad: NACE 2: Flow: Wholesale & Retail Trade, Transportation... (ISK mn) 3,995.425 2017 yearly 1998 - 2017
Direct Investment Abroad: NACE 2: Flow: Manufacturing, Mining & Quarrying (ISK mn) 438.614 2017 yearly 1998 - 2017
Direct Investment Abroad: Flow: Europe: Netherlands (ISK mn) -14,682.023 2022 yearly 1998 - 2022
Direct Investment Abroad: Flow: Europe: Sweden (ISK mn) 296.143 2022 yearly 1998 - 2022
Direct Investment Abroad: Flow: America: United States (ISK mn) 7,356.591 2022 yearly 1998 - 2022
Direct Investment Abroad: Flow: Europe: United Kingdom (ISK mn) 14,833.523 2022 yearly 1998 - 2022
Direct Investment Abroad: Flow: Europe: Denmark (ISK mn) 1,478.523 2022 yearly 1998 - 2022
Direct Investment Abroad: NACE 2: Stock (ISK mn) 642,409.000 2022 yearly 1988 - 2022
No of Registered Enterprises (Unit) 79,890.000 2022 yearly 2008 - 2022
Number of Insolvencies (Unit) 5.000 Aug 2023 monthly Jan 2008 - Aug 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.8 2021 yearly 2009 - 2021
Household Debt: % of GDP (%) 75.8 Jun 2023 quarterly Dec 1995 - Jun 2023
Money Supply M1 (USD mn) 5,191.976 Oct 2023 monthly Apr 1960 - Oct 2023
Money Supply M2 (USD mn) 13,708.253 Oct 2023 monthly Sep 1986 - Oct 2023
M2 Growth (%) 7.8 Oct 2023 monthly Sep 1987 - Oct 2023
Reserve Requirement Ratio (%) 2.0 Oct 2023 monthly Jun 1979 - Oct 2023
Foreign Exchange Reserves (USD mn) 4,781.9 Oct 2023 monthly Oct 2000 - Oct 2023
Foreign Exchange Reserves: % of GDP (%) 16.669 Jun 2023 quarterly Dec 2000 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 5.5 Oct 2023 monthly Oct 2000 - Oct 2023
Gold Reserves (USD mn) 126.544 Oct 2023 monthly Dec 1956 - Oct 2023
Total Deposits (USD mn) 21,541.500 Oct 2023 monthly Sep 1993 - Oct 2023
Total Deposits Growth (%) 9.0 Oct 2023 monthly Sep 1994 - Oct 2023
Domestic Credit (USD mn) 31,330.4 Oct 2023 monthly Sep 1993 - Oct 2023
Domestic Credit Growth (%) 4.9 Oct 2023 monthly Sep 1994 - Oct 2023
Household Debt (USD mn) 22,263.8 Jun 2023 quarterly Dec 1991 - Jun 2023
Total Loans (USD mn) 30,971.357 Oct 2023 monthly Sep 1993 - Oct 2023
Total Loans Growth (%) 6.41 Oct 2023 monthly Sep 1994 - Oct 2023
Private Debt: % of Nominal GDP (%) 94.04 Jun 2023 quarterly Dec 1995 - Jun 2023
Money Supply: Base Money (ISK mn) 156,238.843 Oct 2023 monthly Jun 1992 - Oct 2023
Money Supply: M4: Broad Money (M3) (ISK mn) 1,756,067.00 Mar 2018 monthly Sep 1993 - Mar 2018
Money Supply: M4: M3: Money and Sight Deposits (M2) (ISK mn) 1,079,627.00 Mar 2018 monthly Sep 1993 - Mar 2018
Money Supply: M4: M3: M2: Narrow Money (M1) (ISK mn) 504,927.00 Mar 2018 monthly Sep 1993 - Mar 2018
Official Reserve Assets (ISK mn) 772,757.815 Oct 2023 monthly Oct 2000 - Oct 2023
Official Reserve Assets: Foreign Currency Reserve (FC) (ISK mn) 664,212.617 Oct 2023 monthly Oct 2000 - Oct 2023
Official Reserve Assets: Gold incl Gold Deposits and Gold Swapped (ISK mn) 10,152.178 Jan 2019 monthly Oct 2000 - Jan 2019
DMBs Deposits (ISK mn) 2,992,114.371 Oct 2023 monthly Sep 1993 - Oct 2023
DMBs Deposits: Resident: Households (ISK mn) 1,411,258.017 Oct 2023 monthly Oct 2003 - Oct 2023
DMBs Lending (ISK mn) 4,301,921.425 Oct 2023 monthly Sep 1993 - Oct 2023
Household Loans (ISK mn) 3,046,804.246 Jun 2023 quarterly Dec 1991 - Jun 2023
Non Performing Loans Ratio: Quarterly (%) 4.170 Dec 2022 quarterly Mar 2022 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 24.2 Sep 2023 quarterly Dec 2003 - Sep 2023
Business Sentiment Indicator: Gallup: Economic Situation: Current (%) 98.210 Sep 2023 quarterly Dec 2002 - Sep 2023
Business Sentiment Indicator: Gallup: Economic Situation: In 6 Months (%) 100.970 Sep 2023 quarterly Dec 2002 - Sep 2023

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