Bahamas vs Iceland: Value of imported goods as a share of GDP

Bahamas
29.7%
in 2024
Iceland
29.6%
in 2024
Bahamas rank
108th
Iceland rank
109th

Value of imported goods as a share of GDP over time

  • Bahamas
  • Iceland
0100200300400500196019922024

How they compare

Bahamas currently reports 29.7% against 29.6% in Iceland, a difference of 0.1%.

The two have swapped places 8 times across 61 shared years of data; in 1962 it was Bahamas ahead.

Bahamas ranks 108th and Iceland ranks 109th of 201 countries.

Across the 7 decades both report, Bahamas averaged higher in 4 and Iceland in 3.

Head to head by decade

Decade Bahamas Iceland Difference Ahead
1960s 37.9% 23.4% 14.4% Bahamas
1970s 276.2% 24.6% 251.6% Bahamas
1980s 136.6% 23.2% 113.4% Bahamas
1990s 68.2% 24.4% 43.9% Bahamas
2000s 25.5% 28.5% 3.0% Iceland
2010s 29.1% 29.1% 0.1% Iceland
2020s 26.5% 28.4% 1.9% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of imported goods as a share of gdp, Bahamas or Iceland?
Bahamas, at 29.7% against 29.6% in Iceland as of 2024.
What is the difference in value of imported goods as a share of gdp between Bahamas and Iceland?
0.1%, with Bahamas ahead.
How many years of comparable data are there for Bahamas and Iceland?
61 years are reported by both, from 1962 to 2024.
How do Bahamas and Iceland rank globally for value of imported goods as a share of gdp?
Bahamas ranks 108th and Iceland ranks 109th of 201 countries.
Where does this data come from?
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as Value of imported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Bahamas vs Iceland: Value of imported goods as a share of GDP. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/bahamas-the/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/bahamas-the/iceland/">Bahamas vs Iceland: Value of imported goods as a share of GDP</a> — Statizoid

About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).