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Iceland Trade Openness 2020s

Trade as % of GDP · World Bank
84.55% decade average (2020-2029)

Iceland's trade openness during the 2020s ranged from 68.66% (2020) to 96.00% (2025), averaging 84.55% over 6 years of data.

2020s Data
YearValueChangeRank
2020 68.66% −15.14% 85th
2021 76.23% +7.58% 86th
2022 93.05% +16.82% 98th
2023 87.40% −5.64% 90th
2024 85.97% −1.44% 85th
2025 96.00% +10.03% 81st