Iceland Trade to GDP Ratio 1970-2025
Iceland trade to gdp ratio for 2023 was 86.79%, a 4.93% decline from 2022.
- Iceland trade to gdp ratio for 2022 was 91.72%, a 15.43% increase from 2021.
- Iceland trade to gdp ratio for 2021 was 76.30%, a 8.32% increase from 2020.
- Iceland trade to gdp ratio for 2020 was 67.98%, a 14.89% decline from 2019.
| Country Rankings | |
|---|---|
| Country Name | Percent of GDP |
| Luxembourg | 394.22% |
| Hong Kong | 351.59% |
| Djibouti | 342.70% |
| Malta | 314.00% |
| Singapore | 311.24% |
| Ireland | 234.75% |
| Seychelles | 183.07% |
| Slovak Republic | 181.53% |
| Cyprus | 179.62% |
| Belgium | 174.30% |
| Slovenia | 161.33% |
| North Macedonia | 159.10% |
| Netherlands | 158.82% |
| Hungary | 157.30% |
| Estonia | 156.16% |
| Lithuania | 153.15% |
| Mongolia | 147.24% |
| Macao | 142.00% |
| Czech Republic | 138.92% |
| Switzerland | 138.22% |
| Brunei | 136.56% |
| Belarus | 133.00% |
| Latvia | 131.97% |
| Malaysia | 131.84% |
| Thailand | 129.15% |
| Denmark | 128.45% |
| Serbia | 124.27% |
| Fiji | 120.93% |
| Montenegro | 119.99% |
| Bulgaria | 118.60% |
| Armenia | 117.04% |
| Austria | 116.12% |
| Cambodia | 113.54% |
| Kosovo | 110.23% |
| Libya | 109.93% |
| Croatia | 109.92% |
| Namibia | 109.61% |
| Poland | 109.54% |
| Tunisia | 109.13% |
| Mauritius | 108.43% |
| Sierra Leone | 107.75% |
| Belize | 106.48% |
| Georgia | 106.31% |
| Nicaragua | 104.87% |
| Sweden | 103.57% |
| Puerto Rico | 101.73% |
| Bosnia | 101.03% |
| Kiribati | 99.89% |
| Honduras | 97.95% |
| Mauritania | 96.35% |
| Republic of Congo | 96.21% |
| Morocco | 96.21% |
| Moldova | 95.13% |
| Micronesia | 94.88% |
| Greece | 94.66% |
| Somalia | 94.58% |
| Euro Area | 94.45% |
| Portugal | 94.05% |
| Cabo Verde | 93.87% |
| Chad | 91.58% |
| Democratic Republic of Congo | 91.26% |
| Samoa | 91.06% |
| Germany | 90.11% |
| South Korea | 87.94% |
| Equatorial Guinea | 87.13% |
| Iceland | 86.79% |
| West Bank and Gaza | 86.52% |
| Albania | 84.54% |
| Azerbaijan | 83.62% |
| Romania | 83.04% |
| Paraguay | 82.99% |
| Bahamas | 82.70% |
| Finland | 82.35% |
| El Salvador | 80.92% |
| Zambia | 79.88% |
| Norway | 79.65% |
| Ukraine | 78.10% |
| Gabon | 74.14% |
| Mexico | 74.12% |
| Spain | 73.79% |
| Uzbekistan | 71.96% |
| Madagascar | 71.59% |
| Costa Rica | 70.29% |
| Senegal | 69.44% |
| Ghana | 69.04% |
| Guinea | 68.97% |
| Italy | 68.73% |
| France | 67.58% |
| Canada | 67.46% |
| Philippines | 67.40% |
| Botswana | 67.37% |
| Turkey | 66.96% |
| Angola | 66.53% |
| Rwanda | 65.98% |
| Mali | 65.98% |
| South Africa | 65.72% |
| United Kingdom | 65.59% |
| Burkina Faso | 64.82% |
| Saudi Arabia | 62.13% |
| Togo | 61.43% |
| Chile | 60.97% |
| Bolivia | 58.85% |
| Israel | 58.00% |
| Ecuador | 57.85% |
| Iran | 55.54% |
| Uruguay | 51.73% |
| Benin | 51.35% |
| Peru | 50.91% |
| Guatemala | 50.13% |
| Dominican Republic | 49.62% |
| Australia | 48.08% |
| Comoros | 47.94% |
| Algeria | 46.20% |
| Guinea-Bissau | 46.18% |
| India | 45.85% |
| Central African Republic | 43.48% |
| Sri Lanka | 42.28% |
| Russia | 41.83% |
| Nepal | 41.64% |
| Indonesia | 41.32% |
| Gambia | 40.59% |
| Colombia | 40.48% |
| Egypt | 40.45% |
| Cameroon | 38.60% |
| Tanzania | 37.77% |
| China | 37.32% |
| Uganda | 37.23% |
| Turkmenistan | 35.17% |
| Brazil | 33.85% |
| Kenya | 32.42% |
| Bangladesh | 30.98% |
| Haiti | 30.79% |
| Niger | 30.42% |
| Burundi | 29.59% |
| Pakistan | 28.10% |
| Argentina | 26.97% |
| Ethiopia | 20.59% |
| Sudan | 2.21% |
