Armenia vs Iceland: Trade in services as share of GDP
Armenia
36.8%
in 2025
Iceland
36.6%
in 2025
Armenia rank
49th
Iceland rank
51st
Trade in services as share of GDP over time
- Armenia
- Iceland
How they compare
Armenia currently reports 36.8% against 36.6% in Iceland, a difference of 0.2%.
The two have swapped places 1 time across 33 shared years of data; in 1993 it was Iceland ahead.
Armenia ranks 49th and Iceland ranks 51st of 198 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.9% | 19.7% | 7.8% | Iceland |
| 2000s | 20.5% | 26.9% | 6.3% | Iceland |
| 2010s | 30.2% | 40.0% | 9.8% | Iceland |
| 2020s | 32.1% | 32.7% | 0.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services as share of gdp, Armenia or Iceland?
- Armenia, at 36.8% against 36.6% in Iceland as of 2025.
- What is the difference in trade in services as share of gdp between Armenia and Iceland?
- 0.2%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 33 years are reported by both, from 1993 to 2025.
- How do Armenia and Iceland rank globally for trade in services as share of gdp?
- Armenia ranks 49th and Iceland ranks 51st of 198 countries.
- Where does this data come from?
- International Monetary Fund (IMF), OECD, and World Bank (2026) β processed by Our World in Data, published as Trade in services as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).