Europe & Central Asia vs Iceland: Merchandise imports from low- and middle-income economies in Latin

Europe & Central Asia
1.8%
in 2023
Iceland
4.9%
in 2023
Europe & Central Asia rank
41st
Iceland rank
42nd

Merchandise imports from low- and middle-income economies in Latin over time

  • Europe & Central Asia
  • Iceland
02.557.510196019912023

How they compare

Iceland currently reports 4.9% against 1.8% in Europe & Central Asia, a difference of 3.1%.

That makes Iceland's figure about 2.8 times Europe & Central Asia's.

The two have swapped places 5 times across 64 shared years of data; in 1960 it was Europe & Central Asia ahead.

Europe & Central Asia ranks 41st and Iceland ranks 42nd of 47 groups.

Across the 7 decades both report, Europe & Central Asia averaged higher in 4 and Iceland in 3.

Head to head by decade

Decade Europe & Central Asia Iceland Difference Ahead
1960s 4.2% 2.0% 2.2% Europe & Central Asia
1970s 2.9% 2.5% 0.5% Europe & Central Asia
1980s 2.7% 1.0% 1.7% Europe & Central Asia
1990s 1.8% 0.5% 1.3% Europe & Central Asia
2000s 1.7% 2.2% 0.5% Iceland
2010s 1.9% 7.0% 5.1% Iceland
2020s 1.8% 5.7% 3.9% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in latin, Europe & Central Asia or Iceland?
Iceland, at 4.9% against 1.8% in Europe & Central Asia as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Europe & Central Asia and Iceland?
3.1%, with Iceland ahead.
How many years of comparable data are there for Europe & Central Asia and Iceland?
64 years are reported by both, from 1960 to 2023.
How do Europe & Central Asia and Iceland rank globally for merchandise imports from low- and middle-income economies in latin?
Europe & Central Asia ranks 41st and Iceland ranks 42nd of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). 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

Europe & Central Asia vs Iceland: Merchandise imports from low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/europe-and-central-asia/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-imports-from-low-and-middle-income-economies-in-latin-america-and-the/europe-and-central-asia/iceland/">Europe & Central Asia vs Iceland: Merchandise imports from low- and middle-income economies in Latin</a> — Statizoid

About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.