Iceland vs Trinidad and Tobago: Value of imported goods as a share of GDP

Iceland
29.6%
in 2024
Trinidad and Tobago
29.9%
in 2024
Iceland rank
109th
Trinidad and Tobago rank
106th

Value of imported goods as a share of GDP over time

  • Iceland
  • Trinidad and Tobago
20406080196019922024

How they compare

Trinidad and Tobago currently reports 29.9% against 29.6% in Iceland, a difference of 0.3%.

The two have swapped places 6 times across 65 shared years of data; in 1960 it was Trinidad and Tobago ahead.

Iceland ranks 109th and Trinidad and Tobago ranks 106th of 201 countries.

Across the 7 decades both report, Iceland averaged higher in 1 and Trinidad and Tobago in 6.

Head to head by decade

Decade Iceland Trinidad and Tobago Difference Ahead
1960s 23.7% 54.3% 30.6% Trinidad and Tobago
1970s 24.6% 60.5% 35.9% Trinidad and Tobago
1980s 23.4% 31.0% 7.6% Trinidad and Tobago
1990s 24.4% 34.7% 10.4% Trinidad and Tobago
2000s 28.5% 35.7% 7.2% Trinidad and Tobago
2010s 29.1% 34.4% 5.3% Trinidad and Tobago
2020s 28.4% 26.9% 1.5% 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, Iceland or Trinidad and Tobago?
Trinidad and Tobago, at 29.9% against 29.6% in Iceland as of 2024.
What is the difference in value of imported goods as a share of gdp between Iceland and Trinidad and Tobago?
0.3%, with Trinidad and Tobago ahead.
How many years of comparable data are there for Iceland and Trinidad and Tobago?
65 years are reported by both, from 1960 to 2024.
How do Iceland and Trinidad and Tobago rank globally for value of imported goods as a share of gdp?
Iceland ranks 109th and Trinidad and Tobago ranks 106th 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.

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Iceland vs Trinidad and Tobago: 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 17 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/iceland/trinidad-and-tobago/

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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).