Iceland vs Mexico: Value of exported goods as a share of GDP

Iceland
31.6%
in 2014
Mexico
31.5%
in 2014
Iceland rank
80th
Mexico rank
81st

Value of exported goods as a share of GDP over time

  • Iceland
  • Mexico
010203040189519542014

How they compare

Iceland currently reports 31.6% against 31.5% in Mexico, a difference of 0.1%.

The two have swapped places 2 times across 66 shared years of data; in 1949 it was Iceland ahead.

Iceland ranks 80th and Mexico ranks 81st of 193 countries.

Iceland has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Iceland Mexico Difference Ahead
1940s 20.7% 8.5% 12.2% Iceland
1950s 20.6% 9.5% 11.1% Iceland
1960s 24.2% 6.0% 18.3% Iceland
1970s 24.7% 6.5% 18.1% Iceland
1980s 28.2% 15.9% 12.3% Iceland
1990s 26.5% 18.2% 8.3% Iceland
2000s 25.5% 24.8% 0.7% Iceland
2010s 34.9% 31.5% 3.4% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of exported goods as a share of gdp, Iceland or Mexico?
Iceland, at 31.6% against 31.5% in Mexico as of 2014.
What is the difference in value of exported goods as a share of gdp between Iceland and Mexico?
0.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Mexico?
66 years are reported by both, from 1949 to 2014.
How do Iceland and Mexico rank globally for value of exported goods as a share of gdp?
Iceland ranks 80th and Mexico ranks 81st of 193 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed by Our World in Data, published as Value of exported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mexico: Value of exported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 30 August 2026, from https://economy.statizoid.com/compare/merchandise-exports-gdp-cepii/iceland/mexico/

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About this data

Indicator
Value of exported goods as a share of GDP
Unit
%
Source
Fouquin and Hugot (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 12,835 data points, 1827–2014
Last refreshed

Total value of merchandise exports divided by gross domestic product (GDP), expressed as a percentage.