Iceland vs Mexico: Trade as a share of GDP
Iceland
82.5%
in 2025
Mexico
79.9%
in 2025
Iceland rank
95th
Mexico rank
98th
Trade as a share of GDP over time
- Iceland
- Mexico
How they compare
Iceland currently reports 82.5% against 79.9% in Mexico, a difference of 2.6%.
The two have swapped places 2 times across 56 shared years of data; in 1970 it was Iceland ahead.
Iceland ranks 95th and Mexico ranks 98th of 191 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 70.8% | 18.8% | 51.9% | Iceland |
| 1980s | 68.3% | 28.4% | 39.9% | Iceland |
| 1990s | 64.6% | 39.9% | 24.7% | Iceland |
| 2000s | 74.2% | 51.4% | 22.9% | Iceland |
| 2010s | 93.0% | 69.3% | 23.7% | Iceland |
| 2020s | 82.3% | 79.6% | 2.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade as a share of gdp, Iceland or Mexico?
- Iceland, at 82.5% against 79.9% in Mexico as of 2025.
- What is the difference in trade as a share of gdp between Iceland and Mexico?
- 2.6%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Mexico?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Mexico rank globally for trade as a share of gdp?
- Iceland ranks 95th and Mexico ranks 98th 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.