Imports in Iceland
Iceland's economy recorded an average growth rate of 5.9% in imports over the decade to 2022. In 2022, import growth was 19.9%. For more imports information, visit our dedicated page.
Iceland Imports Chart
Note: This chart displays Imports (G&S, ann. var. %) for Iceland from 2014 to 2018.
Source: Macrobond.
Iceland Imports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Imports (G&S, ann. var. %) | -9.1 | -20.6 | 19.9 | 20.0 | -1.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Icelandic imports projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable imports forecast available for Icelandic imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Icelandic imports projections.
Want to get access to the full dataset of Icelandic imports forecasts? Send an email to info@focus-economics.com.