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

Guatemala
31.1%
in 2014
Iceland
31.5%
in 2014
Guatemala rank
125th
Iceland rank
122nd

Value of imported goods as a share of GDP over time

  • Guatemala
  • Iceland
10203040192319682014

How they compare

Iceland currently reports 31.5% against 31.1% in Guatemala, a difference of 0.4%.

The two have swapped places 6 times across 66 shared years of data; in 1949 it was Iceland ahead.

Guatemala ranks 125th and Iceland ranks 122nd of 193 countries.

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

Head to head by decade

Decade Guatemala Iceland Difference Ahead
1940s 15.9% 30.6% 14.7% Iceland
1950s 13.0% 28.4% 15.4% Iceland
1960s 14.6% 29.5% 14.9% Iceland
1970s 19.1% 29.6% 10.5% Iceland
1980s 16.8% 28.4% 11.6% Iceland
1990s 25.0% 25.5% 0.5% Iceland
2000s 35.5% 29.7% 5.8% Guatemala
2010s 32.9% 33.6% 0.7% 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, Guatemala or Iceland?
Iceland, at 31.5% against 31.1% in Guatemala as of 2014.
What is the difference in value of imported goods as a share of gdp between Guatemala and Iceland?
0.4%, with Iceland ahead.
How many years of comparable data are there for Guatemala and Iceland?
66 years are reported by both, from 1949 to 2014.
How do Guatemala and Iceland rank globally for value of imported goods as a share of gdp?
Guatemala ranks 125th and Iceland ranks 122nd of 193 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed 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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Guatemala vs Iceland: Value of imported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-gdp-cepii/guatemala/iceland/

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About this data

Indicator
Value of imported 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, 12,772 data points, 1827–2014
Last refreshed

Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.