Iceland vs Kazakhstan: Merchandise trade as a proportion of GDP

Iceland
50.4%
in 2024
Kazakhstan
48.6%
in 2024
Iceland rank
122nd
Kazakhstan rank
125th

Merchandise trade as a proportion of GDP over time

  • Iceland
  • Kazakhstan
020406080200020122024

How they compare

Iceland currently reports 50.4% against 48.6% in Kazakhstan, a difference of 1.8%.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Kazakhstan ahead.

Iceland ranks 122nd and Kazakhstan ranks 125th of 218 countries.

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

Head to head by decade

Decade Iceland Kazakhstan Difference Ahead
2000s 51.5% 73.1% 21.6% Kazakhstan
2010s 56.1% 53.7% 2.5% Iceland
2020s 51.8% 52.5% 0.7% Kazakhstan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade as a proportion of gdp, Iceland or Kazakhstan?
Iceland, at 50.4% against 48.6% in Kazakhstan as of 2024.
What is the difference in merchandise trade as a proportion of gdp between Iceland and Kazakhstan?
1.8%, with Iceland ahead.
How many years of comparable data are there for Iceland and Kazakhstan?
25 years are reported by both, from 2000 to 2024.
How do Iceland and Kazakhstan rank globally for merchandise trade as a proportion of gdp?
Iceland ranks 122nd and Kazakhstan ranks 125th 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.

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Iceland vs Kazakhstan: Merchandise trade as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/merchandise-trade-as-a-proportion-of-gdp-percent/iceland/kazakhstan/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
255 places, 6,196 data points, 2000–2024
Last refreshed