Australia vs Iceland: Merchandise imports by the reporting economy, residual
Merchandise imports by the reporting economy, residual over time
- Australia
- Iceland
How they compare
Iceland currently reports 0.0% against 0.0% in Australia, a difference of 0.0%.
That makes Iceland's figure about 1.1 times Australia's.
The two have swapped places 19 times across 64 shared years of data; in 1960 it was Australia ahead.
Australia ranks 106th and Iceland ranks 103rd of 206 countries.
Across the 7 decades both report, Australia averaged higher in 3 and Iceland in 4.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.1% | 0.1% | 0.1% | Australia |
| 1970s | 0.0% | 0.0% | 0.0% | Iceland |
| 1980s | 0.0% | 0.0% | 0.0% | Australia |
| 1990s | 0.0% | 0.0% | 0.0% | Iceland |
| 2000s | 0.0% | 0.1% | 0.1% | Iceland |
| 2010s | 0.0% | 0.4% | 0.4% | Iceland |
| 2020s | 0.0% | 0.0% | 0.0% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, residual, Australia or Iceland?
- Iceland, at 0.0% against 0.0% in Australia as of 2023.
- What is the difference in merchandise imports by the reporting economy, residual between Australia and Iceland?
- 0.0%, with Iceland ahead.
- How many years of comparable data are there for Australia and Iceland?
- 64 years are reported by both, from 1960 to 2023.
- How do Australia and Iceland rank globally for merchandise imports by the reporting economy, residual?
- Australia ranks 106th and Iceland ranks 103rd of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy, residual (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.