Iceland vs Lebanon: Trade as a share of GDP
Iceland
82.5%
in 2025
Lebanon
82.2%
in 2024
Iceland rank
95th
Lebanon rank
96th
Trade as a share of GDP over time
- Iceland
- Lebanon
How they compare
Iceland currently reports 82.5% against 82.2% in Lebanon, a difference of 0.3%.
The two have swapped places 5 times across 36 shared years of data; in 1989 it was Lebanon ahead.
Iceland ranks 95th and Lebanon ranks 96th of 191 countries.
Across the 5 decades both report, Iceland averaged higher in 1 and Lebanon in 4.
Head to head by decade
| Decade | Iceland | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 61.8% | 109.9% | 48.1% | Lebanon |
| 1990s | 64.6% | 74.9% | 10.3% | Lebanon |
| 2000s | 74.2% | 78.1% | 3.8% | Lebanon |
| 2010s | 93.0% | 79.1% | 13.9% | Iceland |
| 2020s | 82.3% | 86.1% | 3.8% | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade as a share of gdp, Iceland or Lebanon?
- Iceland, at 82.5% against 82.2% in Lebanon as of 2025.
- What is the difference in trade as a share of gdp between Iceland and Lebanon?
- 0.3%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Lebanon?
- 36 years are reported by both, from 1989 to 2024.
- How do Iceland and Lebanon rank globally for trade as a share of gdp?
- Iceland ranks 95th and Lebanon ranks 96th 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.
Individual pages
About this data
Trade in goods and services as a share of GDP, shown as a percentage.