Canada vs Iceland: Merchandise trade as a proportion of GDP
Canada
50.9%
in 2024
Iceland
50.4%
in 2024
Canada rank
119th
Iceland rank
122nd
Merchandise trade as a proportion of GDP over time
- Canada
- Iceland
How they compare
Canada currently reports 50.9% against 50.4% in Iceland, a difference of 0.5%.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Canada ahead.
Canada ranks 119th and Iceland ranks 122nd of 218 countries.
Across the 3 decades both report, Canada averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 58.8% | 51.5% | 7.3% | Canada |
| 2010s | 51.9% | 56.1% | 4.3% | Iceland |
| 2020s | 51.4% | 51.8% | 0.4% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Canada or Iceland?
- Canada, at 50.9% against 50.4% in Iceland as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Canada and Iceland?
- 0.5%, with Canada ahead.
- How many years of comparable data are there for Canada and Iceland?
- 25 years are reported by both, from 2000 to 2024.
- How do Canada and Iceland rank globally for merchandise trade as a proportion of gdp?
- Canada ranks 119th 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.