Hungary vs Iceland: Merchandise exports to low- and middle-income economies outside region

Hungary
3.8%
in 2023
Iceland
4.0%
in 2023
Hungary rank
152nd
Iceland rank
150th

Merchandise exports to low- and middle-income economies outside region over time

  • Hungary
  • Iceland
0102030196019912023

How they compare

Iceland currently reports 4.0% against 3.8% in Hungary, a difference of 0.2%.

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

The two have swapped places 9 times across 58 shared years of data; in 1960 it was Hungary ahead.

Hungary ranks 152nd and Iceland ranks 150th of 206 countries.

Across the 7 decades both report, Hungary averaged higher in 4 and Iceland in 3.

Head to head by decade

Decade Hungary Iceland Difference Ahead
1960s 19.9% 5.1% 14.8% Hungary
1970s 16.6% 3.7% 12.8% Hungary
1980s 21.5% 4.4% 17.1% Hungary
1990s 4.6% 1.6% 3.0% Hungary
2000s 2.9% 3.0% 0.2% Iceland
2010s 4.4% 4.6% 0.2% Iceland
2020s 3.9% 4.0% 0.2% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies outside region, Hungary or Iceland?
Iceland, at 4.0% against 3.8% in Hungary as of 2023.
What is the difference in merchandise exports to low- and middle-income economies outside region between Hungary and Iceland?
0.2%, with Iceland ahead.
How many years of comparable data are there for Hungary and Iceland?
58 years are reported by both, from 1960 to 2023.
How do Hungary and Iceland rank globally for merchandise exports to low- and middle-income economies outside region?
Hungary ranks 152nd and Iceland ranks 150th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Hungary vs Iceland: Merchandise exports to low- and middle-income economies outside region. 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-outside-region-percent-of-total/hungary/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-outside-region-percent-of-total/hungary/iceland/">Hungary vs Iceland: Merchandise exports to low- and middle-income economies outside region</a> — Statizoid

About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% 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
253 places, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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.