Iceland vs Luxembourg: Merchandise imports (current US$), per unit of GDP

Iceland
0.2837 current US$ per US$ of GDP
in 2025
Luxembourg
0.2785 current US$ per US$ of GDP
in 2025
Iceland rank
123rd
Luxembourg rank
126th

Merchandise imports (current US$), per unit of GDP over time

  • Iceland
  • Luxembourg
0.20.30.40.50.6196019922025

How they compare

Iceland currently reports 0.2837 current US$ per US$ of GDP against 0.2785 current US$ per US$ of GDP in Luxembourg, a difference of 0.0052 current US$ per US$ of GDP.

The two have swapped places 1 time across 27 shared years of data; in 1999 it was Luxembourg ahead.

Iceland ranks 123rd and Luxembourg ranks 126th of 203 countries.

Luxembourg has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Luxembourg Difference Ahead
1990s 0.2763 current US$ per US$ of GDP 0.5123 current US$ per US$ of GDP 0.236 current US$ per US$ of GDP Luxembourg
2000s 0.286 current US$ per US$ of GDP 0.5547 current US$ per US$ of GDP 0.2687 current US$ per US$ of GDP Luxembourg
2010s 0.2919 current US$ per US$ of GDP 0.3946 current US$ per US$ of GDP 0.1027 current US$ per US$ of GDP Luxembourg
2020s 0.2938 current US$ per US$ of GDP 0.2964 current US$ per US$ of GDP 0.0026 current US$ per US$ of GDP Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports (current us$), per unit of gdp, Iceland or Luxembourg?
Iceland, at 0.2837 current US$ per US$ of GDP against 0.2785 current US$ per US$ of GDP in Luxembourg as of 2025.
What is the difference in merchandise imports (current us$), per unit of gdp between Iceland and Luxembourg?
0.0052 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Luxembourg?
27 years are reported by both, from 1999 to 2025.
How do Iceland and Luxembourg rank globally for merchandise imports (current us$), per unit of gdp?
Iceland ranks 123rd and Luxembourg ranks 126th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Luxembourg: Merchandise imports (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-current-us-per-unit-of-gdp/iceland/luxembourg/

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About this data

Indicator
Merchandise imports (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
250 places, 13,931 data points, 1960–2025
Last refreshed

Merchandise imports (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.