Iceland vs Malawi: Goods imports (BoP, current US$), per unit of GDP

Iceland
0.2698 BoP, current US$ per US$ of GDP
in 2025
Malawi
0.2671 BoP, current US$ per US$ of GDP
in 2024
Iceland rank
119th
Malawi rank
120th

Goods imports (BoP, current US$), per unit of GDP over time

  • Iceland
  • Malawi
0.10.150.20.250.30.35197620002025

How they compare

Iceland currently reports 0.2698 BoP, current US$ per US$ of GDP against 0.2671 BoP, current US$ per US$ of GDP in Malawi, a difference of 0.0027 BoP, current US$ per US$ of GDP.

The two have swapped places 8 times across 45 shared years of data; in 1980 it was Iceland ahead.

Iceland ranks 119th and Malawi ranks 120th of 199 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Malawi Difference Ahead
1980s 0.2472 BoP, current US$ per US$ of GDP 0.1159 BoP, current US$ per US$ of GDP 0.1313 BoP, current US$ per US$ of GDP Iceland
1990s 0.2277 BoP, current US$ per US$ of GDP 0.1811 BoP, current US$ per US$ of GDP 0.0466 BoP, current US$ per US$ of GDP Iceland
2000s 0.2663 BoP, current US$ per US$ of GDP 0.1915 BoP, current US$ per US$ of GDP 0.0748 BoP, current US$ per US$ of GDP Iceland
2010s 0.2717 BoP, current US$ per US$ of GDP 0.2687 BoP, current US$ per US$ of GDP 0.003 BoP, current US$ per US$ of GDP Iceland
2020s 0.2771 BoP, current US$ per US$ of GDP 0.243 BoP, current US$ per US$ of GDP 0.0341 BoP, current US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports (bop, current us$), per unit of gdp, Iceland or Malawi?
Iceland, at 0.2698 BoP, current US$ per US$ of GDP against 0.2671 BoP, current US$ per US$ of GDP in Malawi as of 2025.
What is the difference in goods imports (bop, current us$), per unit of gdp between Iceland and Malawi?
0.0027 BoP, current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Malawi?
45 years are reported by both, from 1980 to 2024.
How do Iceland and Malawi rank globally for goods imports (bop, current us$), per unit of gdp?
Iceland ranks 119th and Malawi ranks 120th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Goods imports (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Malawi: Goods imports (BoP, current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us-per-unit-of-gdp/iceland/malawi/

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About this data

Indicator
Goods imports (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 9,704 data points, 1960–2025
Last refreshed

Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.