Iceland - Travel services exports

Travel services (% of commercial service exports)

The value for Travel services (% of commercial service exports) in Iceland was 23.36 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 48.08 in 2018 and a minimum value of 8.89 in 1976.

Definition: Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 8.89
1977 9.22
1978 9.02
1979 9.13
1980 11.14
1981 9.45
1982 9.91
1983 10.67
1984 13.84
1985 13.72
1986 18.04
1987 21.48
1988 26.81
1989 28.84
1990 34.72
1991 31.87
1992 31.26
1993 28.42
1994 27.58
2009 20.70
2010 18.79
2011 21.98
2012 24.91
2013 27.21
2014 32.62
2015 37.50
2016 45.12
2017 47.74
2018 48.08
2019 47.58
2020 23.36

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports