Bermuda vs Iceland: Trade as a share of GDP

Bermuda
80.2%
in 2024
Iceland
82.5%
in 2025
Bermuda rank
97th
Iceland rank
95th

Trade as a share of GDP over time

  • Bermuda
  • Iceland
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How they compare

Iceland currently reports 82.5% against 80.2% in Bermuda, a difference of 2.3%.

The two have swapped places 2 times across 15 shared years of data; in 2010 it was Iceland ahead.

Bermuda ranks 97th and Iceland ranks 95th of 191 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Bermuda Iceland Difference Ahead
2010s 75.1% 93.0% 17.9% Iceland
2020s 75.9% 82.3% 6.4% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade as a share of gdp, Bermuda or Iceland?
Iceland, at 82.5% against 80.2% in Bermuda as of 2025.
What is the difference in trade as a share of gdp between Bermuda and Iceland?
2.3%, with Iceland ahead.
How many years of comparable data are there for Bermuda and Iceland?
15 years are reported by both, from 2010 to 2024.
How do Bermuda and Iceland rank globally for trade as a share of gdp?
Bermuda ranks 97th and Iceland ranks 95th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Trade as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bermuda vs Iceland: Trade as a share of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 31 August 2026, from https://economy.statizoid.com/compare/trade-as-share-of-gdp/bermuda/iceland/

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.