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

Denmark
0.2977 current US$ per US$ of GDP
in 2023
Iceland
0.2991 current US$ per US$ of GDP
in 2023
Denmark rank
111th
Iceland rank
110th

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

  • Denmark
  • Iceland
00.10.20.3196019912023

How they compare

Iceland currently reports 0.2991 current US$ per US$ of GDP against 0.2977 current US$ per US$ of GDP in Denmark, a difference of 0.0014 current US$ per US$ of GDP.

The two have swapped places 13 times across 64 shared years of data; in 1960 it was Denmark ahead.

Denmark ranks 111th and Iceland ranks 110th of 202 countries.

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

Head to head by decade

Decade Denmark Iceland Difference Ahead
1960s 0.242 current US$ per US$ of GDP 0.234 current US$ per US$ of GDP 0.0081 current US$ per US$ of GDP Denmark
1970s 0.2412 current US$ per US$ of GDP 0.2522 current US$ per US$ of GDP 0.011 current US$ per US$ of GDP Iceland
1980s 0.247 current US$ per US$ of GDP 0.2467 current US$ per US$ of GDP 0.0003 current US$ per US$ of GDP Denmark
1990s 0.224 current US$ per US$ of GDP 0.2422 current US$ per US$ of GDP 0.0182 current US$ per US$ of GDP Iceland
2000s 0.2823 current US$ per US$ of GDP 0.2852 current US$ per US$ of GDP 0.0029 current US$ per US$ of GDP Iceland
2010s 0.2792 current US$ per US$ of GDP 0.2914 current US$ per US$ of GDP 0.0122 current US$ per US$ of GDP Iceland
2020s 0.2979 current US$ per US$ of GDP 0.2811 current US$ per US$ of GDP 0.0168 current US$ per US$ of GDP Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy (current us$), per unit, Denmark or Iceland?
Iceland, at 0.2991 current US$ per US$ of GDP against 0.2977 current US$ per US$ of GDP in Denmark as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per unit between Denmark and Iceland?
0.0014 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Denmark and Iceland?
64 years are reported by both, from 1960 to 2023.
How do Denmark and Iceland rank globally for merchandise imports by the reporting economy (current us$), per unit?
Denmark ranks 111th and Iceland ranks 110th of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Iceland: Merchandise imports by the reporting economy (current US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/denmark/iceland/

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About this data

Indicator
Merchandise imports 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, 12,916 data points, 1960–2023
Last refreshed

Merchandise imports 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.