Iceland vs South Africa: Value of imported goods as a share of GDP

Iceland
31.5%
in 2014
South Africa
31.3%
in 2014
Iceland rank
122nd
South Africa rank
124th

Value of imported goods as a share of GDP over time

  • Iceland
  • South Africa
10203040191119622014

How they compare

Iceland currently reports 31.5% against 31.3% in South Africa, a difference of 0.2%.

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

Iceland ranks 122nd and South Africa ranks 124th of 193 countries.

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

Head to head by decade

Decade Iceland South Africa Difference Ahead
1940s 30.6% 24.8% 5.8% Iceland
1950s 28.4% 22.0% 6.4% Iceland
1960s 29.5% 18.0% 11.5% Iceland
1970s 29.6% 17.4% 12.3% Iceland
1980s 28.4% 12.8% 15.6% Iceland
1990s 25.5% 14.4% 11.0% Iceland
2000s 29.7% 25.5% 4.2% Iceland
2010s 33.6% 28.3% 5.3% 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 South Africa?
Iceland, at 31.5% against 31.3% in South Africa as of 2014.
What is the difference in value of imported goods as a share of gdp between Iceland and South Africa?
0.2%, with Iceland ahead.
How many years of comparable data are there for Iceland and South Africa?
66 years are reported by both, from 1949 to 2014.
How do Iceland and South Africa rank globally for value of imported goods as a share of gdp?
Iceland ranks 122nd and South Africa ranks 124th 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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Iceland vs South Africa: Value of imported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-gdp-cepii/iceland/south-africa/

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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.