Iceland vs Other small states: Merchandise imports from low- and middle-income economies in Latin

Iceland
4.9%
in 2023
Other small states
1.3%
in 2023
Iceland rank
42nd
Other small states rank
45th

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

  • Iceland
  • Other small states
02.557.510196019912023

How they compare

Iceland currently reports 4.9% against 1.3% in Other small states, a difference of 3.6%.

That makes Iceland's figure about 3.7 times Other small states's.

The two have swapped places 4 times across 64 shared years of data; in 1960 it was Iceland ahead.

Iceland ranks 42nd and Other small states ranks 45th of 206 countries.

Across the 7 decades both report, Iceland averaged higher in 5 and Other small states in 2.

Head to head by decade

Decade Iceland Other small states Difference Ahead
1960s 2.0% 0.9% 1.1% Iceland
1970s 2.5% 1.3% 1.1% Iceland
1980s 1.0% 1.1% 0.1% Other small states
1990s 0.5% 0.8% 0.2% Other small states
2000s 2.2% 1.0% 1.2% Iceland
2010s 7.0% 1.4% 5.6% Iceland
2020s 5.7% 1.3% 4.4% 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, Iceland or Other small states?
Iceland, at 4.9% against 1.3% in Other small states as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Iceland and Other small states?
3.6%, with Iceland ahead.
How many years of comparable data are there for Iceland and Other small states?
64 years are reported by both, from 1960 to 2023.
How do Iceland and Other small states rank globally for merchandise imports from low- and middle-income economies in latin?
Iceland ranks 42nd and Other small states ranks 45th of 206 countries.
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.

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Iceland vs Other small states: Merchandise imports from low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/iceland/other-small-states/

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<a href="https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/iceland/other-small-states/">Iceland vs Other small states: 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.