Australia vs Iceland: Merchandise exports by the reporting economy (current US$), per unit

Australia
0.2089 current US$ per US$ of GDP
in 2023
Iceland
0.2089 current US$ per US$ of GDP
in 2023
Australia rank
97th
Iceland rank
96th

Merchandise exports by the reporting economy (current US$), per unit over time

  • Australia
  • Iceland
0.10.150.20.250.30.35196019912023

How they compare

Iceland currently reports 0.2089 current US$ per US$ of GDP against 0.2089 current US$ per US$ of GDP in Australia, a difference of 0 current US$ per US$ of GDP.

Across all 64 years both countries report, Iceland has been ahead every year.

Australia ranks 97th and Iceland ranks 96th of 202 countries.

Iceland has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Australia Iceland Difference Ahead
1960s 0.109 current US$ per US$ of GDP 0.1979 current US$ per US$ of GDP 0.0889 current US$ per US$ of GDP Iceland
1970s 0.1193 current US$ per US$ of GDP 0.2126 current US$ per US$ of GDP 0.0934 current US$ per US$ of GDP Iceland
1980s 0.119 current US$ per US$ of GDP 0.2272 current US$ per US$ of GDP 0.1081 current US$ per US$ of GDP Iceland
1990s 0.1338 current US$ per US$ of GDP 0.2267 current US$ per US$ of GDP 0.0928 current US$ per US$ of GDP Iceland
2000s 0.156 current US$ per US$ of GDP 0.2289 current US$ per US$ of GDP 0.0729 current US$ per US$ of GDP Iceland
2010s 0.1673 current US$ per US$ of GDP 0.2685 current US$ per US$ of GDP 0.1013 current US$ per US$ of GDP Iceland
2020s 0.2113 current US$ per US$ of GDP 0.2246 current US$ per US$ of GDP 0.0133 current US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy (current us$), per unit, Australia or Iceland?
Iceland, at 0.2089 current US$ per US$ of GDP against 0.2089 current US$ per US$ of GDP in Australia as of 2023.
What is the difference in merchandise exports by the reporting economy (current us$), per unit between Australia and Iceland?
0 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Australia and Iceland?
64 years are reported by both, from 1960 to 2023.
How do Australia and Iceland rank globally for merchandise exports by the reporting economy (current us$), per unit?
Australia ranks 97th and Iceland ranks 96th of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Iceland: Merchandise exports by the reporting economy (current US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/australia/iceland/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,888 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.