Albania vs Iceland: Merchandise trade as a proportion of GDP
Albania
50.3%
in 2024
Iceland
50.4%
in 2024
Albania rank
123rd
Iceland rank
122nd
Merchandise trade as a proportion of GDP over time
- Albania
- Iceland
How they compare
Iceland currently reports 50.4% against 50.3% in Albania, a difference of 0.1%.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Iceland ahead.
Albania ranks 123rd and Iceland ranks 122nd of 218 countries.
Across the 3 decades both report, Albania averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Albania | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 42.3% | 51.5% | 9.2% | Iceland |
| 2010s | 55.4% | 56.1% | 0.7% | Iceland |
| 2020s | 57.7% | 51.8% | 5.8% | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Albania or Iceland?
- Iceland, at 50.4% against 50.3% in Albania as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Albania and Iceland?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Albania and Iceland?
- 25 years are reported by both, from 2000 to 2024.
- How do Albania and Iceland rank globally for merchandise trade as a proportion of gdp?
- Albania ranks 123rd and Iceland ranks 122nd of 218 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.