Which has higher trade, Bermuda or Iceland?

Iceland, at 82.5% against 80.2% in Bermuda as of 2025.

How many years of comparable data are there for Bermuda and Iceland?

15 years are reported by both, from 2010 to 2024.

Where does this data come from?

Country official statistics, National Statistical Organizations and/or Central Banks, published as Trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Bermuda vs Iceland: Trade

Bermuda

80.2%

in 2024

Iceland

82.5%

in 2025

Bermuda rank

99th

Iceland rank

97th

Trade over time

Bermuda
Iceland

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 99th and Iceland ranks 97th of 193 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, Bermuda or Iceland?: Iceland, at 82.5% against 80.2% in Bermuda as of 2025.
What is the difference in trade 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?: Bermuda ranks 99th and Iceland ranks 97th of 193 countries.
Where does this data come from?: Country official statistics, National Statistical Organizations and/or Central Banks, published as Trade (% 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. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/trade-percent-of-gdp/bermuda/iceland/

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About this data

Indicator: Trade (% of GDP)
Unit: % of GDP
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 236 places, 11,229 data points, 1960–2025
Last refreshed: 03 September 2026

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.