Georgia vs Iceland: Merchandise exports by the reporting economy

Georgia
6.09 billion current US$
in 2023
Iceland
6.62 billion current US$
in 2023
Georgia rank
111th
Iceland rank
109th

Merchandise exports by the reporting economy over time

  • Georgia
  • Iceland
02.0B4.0B6.0B8.0B196019912023

How they compare

Iceland currently reports 6.62 billion current US$ against 6.09 billion current US$ in Georgia, a difference of 537.02 million current US$.

That makes Iceland's figure about 1.1 times Georgia's.

Across all 32 years both countries report, Iceland has been ahead every year.

Georgia ranks 111th and Iceland ranks 109th of 206 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Georgia Iceland Difference Ahead
1990s 215.99 million current US$ 1.74 billion current US$ 1.52 billion current US$ Iceland
2000s 773.53 million current US$ 3.21 billion current US$ 2.43 billion current US$ Iceland
2010s 2.62 billion current US$ 4.97 billion current US$ 2.34 billion current US$ Iceland
2020s 4.81 billion current US$ 6.15 billion current US$ 1.34 billion current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy, Georgia or Iceland?
Iceland, at 6.62 billion current US$ against 6.09 billion current US$ in Georgia as of 2023.
What is the difference in merchandise exports by the reporting economy between Georgia and Iceland?
537.02 million current US$, with Iceland ahead.
How many years of comparable data are there for Georgia and Iceland?
32 years are reported by both, from 1992 to 2023.
How do Georgia and Iceland rank globally for merchandise exports by the reporting economy?
Georgia ranks 111th and Iceland ranks 109th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Georgia vs Iceland: Merchandise exports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 31 August 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us/georgia/iceland/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,488 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.