Iceland vs Paraguay: Merchandise exports to low- and middle-income economies in Europe &

Iceland
0.7%
in 2023
Paraguay
0.7%
in 2023
Iceland rank
112th
Paraguay rank
115th

Merchandise exports to low- and middle-income economies in Europe & over time

  • Iceland
  • Paraguay
0123196919962023

How they compare

Iceland currently reports 0.7% against 0.7% in Paraguay, a difference of 0.0%.

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

The two have swapped places 6 times across 34 shared years of data; in 1989 it was Iceland ahead.

Iceland ranks 112th and Paraguay ranks 115th of 204 countries.

Across the 5 decades both report, Iceland averaged higher in 4 and Paraguay in 1.

Head to head by decade

Decade Iceland Paraguay Difference Ahead
1980s 0.2% 0.1% 0.1% Iceland
1990s 0.2% 0.1% 0.1% Iceland
2000s 0.5% 0.3% 0.1% Iceland
2010s 1.3% 2.3% 1.0% Paraguay
2020s 1.3% 0.3% 1.0% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in europe &, Iceland or Paraguay?
Iceland, at 0.7% against 0.7% in Paraguay as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in europe & between Iceland and Paraguay?
0.0%, with Iceland ahead.
How many years of comparable data are there for Iceland and Paraguay?
34 years are reported by both, from 1989 to 2023.
How do Iceland and Paraguay rank globally for merchandise exports to low- and middle-income economies in europe &?
Iceland ranks 112th and Paraguay ranks 115th of 204 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Paraguay: Merchandise exports to low- and middle-income economies in Europe &. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-europe-and-central-asia-percent/iceland/paraguay/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,312 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.