Iceland vs Latin America & Caribbean: Merchandise imports by the reporting economy (current US$), per capita

Iceland
24,587 current US$ per person
in 2023
Latin America & Caribbean
2,177 current US$ per person
in 2023
Iceland rank
16th
Latin America & Caribbean rank
17th

Merchandise imports by the reporting economy (current US$), per capita over time

  • Iceland
  • Latin America & Caribbean
010.0k20.0k30.0k196019912023

How they compare

Iceland currently reports 24,587 current US$ per person against 2,177 current US$ per person in Latin America & Caribbean, a difference of 22,410 current US$ per person.

That makes Iceland's figure about 11.3 times Latin America & Caribbean's.

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

Iceland ranks 16th and Latin America & Caribbean ranks 17th of 206 countries.

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

Head to head by decade

Decade Iceland Latin America & Caribbean Difference Ahead
1960s 533.33 current US$ per person 39.59 current US$ per person 493.75 current US$ per person Iceland
1970s 1,795 current US$ per person 125.68 current US$ per person 1,669 current US$ per person Iceland
1980s 4,199 current US$ per person 210.91 current US$ per person 3,988 current US$ per person Iceland
1990s 6,846 current US$ per person 480.15 current US$ per person 6,366 current US$ per person Iceland
2000s 13,619 current US$ per person 960.85 current US$ per person 12,658 current US$ per person Iceland
2010s 16,718 current US$ per person 1,706 current US$ per person 15,012 current US$ per person Iceland
2020s 20,675 current US$ per person 1,966 current US$ per person 18,709 current US$ per person Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy (current us$), per capita, Iceland or Latin America & Caribbean?
Iceland, at 24,587 current US$ per person against 2,177 current US$ per person in Latin America & Caribbean as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per capita between Iceland and Latin America & Caribbean?
22,410 current US$ per person, with Iceland ahead.
How many years of comparable data are there for Iceland and Latin America & Caribbean?
64 years are reported by both, from 1960 to 2023.
How do Iceland and Latin America & Caribbean rank globally for merchandise imports by the reporting economy (current us$), per capita?
Iceland ranks 16th and Latin America & Caribbean ranks 17th of 206 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latin America & Caribbean: Merchandise imports by the reporting economy (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-per-capita/iceland/latin-america-and-caribbean/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

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