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

Iceland
31.6%
in 2014
Paraguay
31.3%
in 2014
Iceland rank
80th
Paraguay rank
82nd

Value of exported goods as a share of GDP over time

  • Iceland
  • Paraguay
10203040194919812014

How they compare

Iceland currently reports 31.6% against 31.3% in Paraguay, a difference of 0.3%.

The two have swapped places 4 times across 66 shared years of data; in 1949 it was Iceland ahead.

Iceland ranks 80th and Paraguay ranks 82nd of 193 countries.

Across the 8 decades both report, Iceland averaged higher in 7 and Paraguay in 1.

Head to head by decade

Decade Iceland Paraguay Difference Ahead
1940s 20.7% 12.6% 8.2% Iceland
1950s 20.6% 11.2% 9.5% Iceland
1960s 24.2% 13.4% 10.8% Iceland
1970s 24.7% 18.2% 6.5% Iceland
1980s 28.2% 15.7% 12.5% Iceland
1990s 26.5% 13.8% 12.6% Iceland
2000s 25.5% 32.5% 7.0% Paraguay
2010s 34.9% 31.4% 3.5% 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 Paraguay?
Iceland, at 31.6% against 31.3% in Paraguay as of 2014.
What is the difference in value of exported goods as a share of gdp between Iceland and Paraguay?
0.3%, with Iceland ahead.
How many years of comparable data are there for Iceland and Paraguay?
66 years are reported by both, from 1949 to 2014.
How do Iceland and Paraguay rank globally for value of exported goods as a share of gdp?
Iceland ranks 80th and Paraguay ranks 82nd 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 Paraguay: Value of exported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/merchandise-exports-gdp-cepii/iceland/paraguay/

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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.