Costa Rica vs Iceland: Merchandise trade as a proportion of GDP (%)

Costa Rica
50.5%
in 2024
Iceland
50.4%
in 2024
Costa Rica rank
122nd
Iceland rank
123rd

Merchandise trade as a proportion of GDP (%) over time

  • Costa Rica
  • Iceland
020406080200020122024

How they compare

Costa Rica currently reports 50.5% against 50.4% in Iceland, a difference of 0.1%.

The two have swapped places 4 times across 25 shared years of data; in 2000 it was Costa Rica ahead.

Costa Rica ranks 122nd and Iceland ranks 123rd of 220 countries.

Across the 3 decades both report, Costa Rica averaged higher in 1 and Iceland in 2.

Head to head by decade

Decade Costa Rica Iceland Difference Ahead
2000s 78.7% 51.5% 27.2% Costa Rica
2010s 52.7% 56.1% 3.5% Iceland
2020s 51.3% 51.8% 0.5% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade as a proportion of gdp, Costa Rica or Iceland?
Costa Rica, at 50.5% against 50.4% in Iceland as of 2024.
What is the difference in merchandise trade as a proportion of gdp between Costa Rica and Iceland?
0.1%, with Costa Rica ahead.
How many years of comparable data are there for Costa Rica and Iceland?
25 years are reported by both, from 2000 to 2024.
How do Costa Rica and Iceland rank globally for merchandise trade as a proportion of gdp?
Costa Rica ranks 122nd and Iceland ranks 123rd of 220 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.

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Costa Rica vs Iceland: Merchandise trade as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://economy.statizoid.com/compare/merchandise-trade-as-a-proportion-of-gdp-percent/costa-rica/iceland/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
256 places, 6,207 data points, 2000–2024
Last refreshed