Iceland Tourism Receipts
International tourism receipts ST.INT.RCPT.CD
Iceland's tourism receipts was $881.0M in 2008, ranked 84th globally. This represents a 3.9% increase from 2007. Data from World Bank, covering 1995–2008.
Overview
Iceland's tourism receipts stood at $881.0M in 2008, a rise of +$33.0M from 2007. Iceland ranked 84th globally.
Iceland's tourism receipts experienced significant growth over the 1995-2008 period, with the sector's contribution to the country's economy reaching its peak in 2008 at 881 million dollars. This represented a substantial increase from the trough of 309 million dollars in 1995, a difference of 572 million dollars or nearly 185% growth. At the time of its peak, Iceland's tourism receipts ranked 84 globally, trailing behind countries like Fiji, which ranked 1 with receipts of 952 million dollars, and Bosnia and Herzegovina, which ranked 85 with receipts of 913 million dollars. The sector's growth was driven by Iceland's unique natural attractions, including the Blue Lagoon and the stunning landscapes of the Golden Circle. However, the global economic downturn of 2008 and the subsequent volcanic ash crisis in 2010 may have disrupted this trend, and a potential change in the country's tourism trajectory could come from shifts in global travel patterns or the development of new sustainable tourism initiatives.
Data & projection
| Year | Tourism Receipts | YoY change | Rank |
|---|---|---|---|
| 2008 | $881.0M | +$33.0M | #84 |
| 2007 | $848.0M | +$146.0M | #85 |
| 2006 | $702.0M | +$67.0M | #83 |
| 2005 | $635.0M | +$77.0M | #86 |
| 2004 | $558.0M | +$72.0M | #90 |
| 2003 | $486.0M | +$71.0M | #88 |
| 2002 | $415.0M | +$32.0M | #84 |
| 2001 | $383.0M | −$3.0M | #83 |
| 2000 | $386.0M | +$6.0M | #79 |
| 1999 | $380.0M | +$8.0M | #74 |
| 1998 | $372.0M | +$58.0M | #69 |
| 1997 | $314.0M | +$2.0M | #76 |
| 1996 | $312.0M | +$3.0M | #72 |
| 1995 | $309.0M | – | #71 |
Detected Pattern
Analysis
Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw tourism receipts improve within 24 months. View full analysis →
Frequently Asked Questions
Iceland's tourism receipts was $881.0M in 2008. Ranked 84th globally. This represents a 3.9% increase from the previous year.
Iceland's tourism receipts peaked at $881.0M in 2008.
The lowest tourism receipts in Iceland was $309.0M in 1995.
Iceland ranks 84th globally in tourism receipts as of 2008.
The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.
Iceland's tourism receipts was approximately 881 million ($881.0M) in 2008.
The tourism receipts of Iceland in 2008 was $881.0M. This ranks 84th in the world.
Cite this page
@misc{historysaid_iceland_tourism-receipts,
title = {Iceland Tourism Receipts},
url = {https://historysaid.com/iceland/tourism-receipts/},
publisher = {HistorySaid},
year = {2026}
}