Foreign trade as a share of gdp reached 78.2% in 2021 in Iceland, according to the National Statistical Office. This is 12.6% more than in the previous year.
Historically, foreign trade as a share of GDP in Iceland reached an all time high of 104% in 2012 and an all time low of 59.9% in 1992.
Iceland has been ranked 79th within the group of 152 countries we follow in terms of foreign trade as a share of GDP.
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