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Trade share of GDP

Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons.

TRADE_GDP_SHARE · raw · annual · percent

Trade openness

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Trade share of GDP

Trade openness

Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons.

Data and evidence

Trade share of GDP

Iceland

Values and evidence for Iceland. Unavailable values are gaps, not zero.
Period	Value	Status	Provenance & calculation
1990	≈ 62.91 Exact value 62.9117684842 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126731 · revision 1 Value 62.9117684842 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 62.9117684842 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1991	≈ 60.87 Exact value 60.8702680765 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126730 · revision 1 Value 60.8702680765 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 60.8702680765 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1992	≈ 57.86 Exact value 57.8570070035 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126729 · revision 1 Value 57.8570070035 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 57.8570070035 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1993	≈ 59.48 Exact value 59.4790808364 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126728 · revision 1 Value 59.4790808364 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 59.4790808364 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1994	≈ 63.29 Exact value 63.2886233209 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126727 · revision 1 Value 63.2886233209 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 63.2886233209 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1995	≈ 64.30 Exact value 64.3005949240 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126726 · revision 1 Value 64.3005949240 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 64.3005949240 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1996	≈ 68.70 Exact value 68.6955297848 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126725 · revision 1 Value 68.6955297848 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 68.6955297848 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1997	≈ 69.26 Exact value 69.2597923595 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126724 · revision 1 Value 69.2597923595 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 69.2597923595 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1998	≈ 70.77 Exact value 70.7676395257 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126723 · revision 1 Value 70.7676395257 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 70.7676395257 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
1999	≈ 68.47 Exact value 68.4725808469 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126722 · revision 1 Value 68.4725808469 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 68.4725808469 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2000	≈ 70.25 Exact value 70.2477741982 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126721 · revision 1 Value 70.2477741982 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 70.2477741982 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2001	≈ 73.94 Exact value 73.9395325755 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126720 · revision 1 Value 73.9395325755 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 73.9395325755 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2002	≈ 68.71 Exact value 68.7108314689 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126719 · revision 1 Value 68.7108314689 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 68.7108314689 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2003	≈ 67.40 Exact value 67.4009987460 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126718 · revision 1 Value 67.4009987460 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 67.4009987460 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2004	≈ 69.73 Exact value 69.7326204452 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126717 · revision 1 Value 69.7326204452 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 69.7326204452 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2005	≈ 71.21 Exact value 71.2106793861 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126716 · revision 1 Value 71.2106793861 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 71.2106793861 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2006	≈ 76.63 Exact value 76.6308537687 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126715 · revision 1 Value 76.6308537687 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 76.6308537687 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2007	≈ 73.62 Exact value 73.6249668831 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126714 · revision 1 Value 73.6249668831 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 73.6249668831 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2008	≈ 81.90 Exact value 81.9027481854 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126713 · revision 1 Value 81.9027481854 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 81.9027481854 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2009	≈ 89.00 Exact value 89.0014440574 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126712 · revision 1 Value 89.0014440574 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 89.0014440574 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2010	≈ 92.49 Exact value 92.4901528110 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126711 · revision 1 Value 92.4901528110 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 92.4901528110 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2011	≈ 100.13 Exact value 100.1332526483 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126710 · revision 1 Value 100.1332526483 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 100.1332526483 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2012	≈ 102.43 Exact value 102.4331371000 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126709 · revision 1 Value 102.4331371000 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 102.4331371000 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2013	≈ 97.70 Exact value 97.6980221861 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126708 · revision 1 Value 97.6980221861 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 97.6980221861 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2014	≈ 95.29 Exact value 95.2879194202 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126707 · revision 1 Value 95.2879194202 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 95.2879194202 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2015	≈ 94.89 Exact value 94.8888027460 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126706 · revision 1 Value 94.8888027460 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 94.8888027460 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2016	≈ 87.76 Exact value 87.7600165983 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126705 · revision 1 Value 87.7600165983 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 87.7600165983 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2017	≈ 86.36 Exact value 86.3585336945 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126704 · revision 1 Value 86.3585336945 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 86.3585336945 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2018	≈ 88.93 Exact value 88.9349969731 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126703 · revision 1 Value 88.9349969731 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 88.9349969731 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2019	≈ 83.79 Exact value 83.7923659518 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126702 · revision 1 Value 83.7923659518 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 83.7923659518 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2020	≈ 68.66 Exact value 68.6550233461 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126701 · revision 1 Value 68.6550233461 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 68.6550233461 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2021	≈ 76.23 Exact value 76.2317249851 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126700 · revision 1 Value 76.2317249851 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 76.2317249851 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2022	≈ 93.02 Exact value 93.0164295134 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126699 · revision 1 Value 93.0164295134 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 93.0164295134 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2023	≈ 87.24 Exact value 87.2388810922 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126698 · revision 1 Value 87.2388810922 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 87.2388810922 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2024	≈ 86.18 Exact value 86.1815792789 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126697 · revision 1 Value 86.1815792789 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 86.1815792789 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified
2025	≈ 82.49 Exact value 82.4877303813 percent	available	Inspect evidence World Bank — World Development Indicators · observation #126696 · revision 1 Value 82.4877303813 · reported · Published Unknown · Retrieved 2026-10-17 Source reference Sum of exports and imports of goods and services as a percentage of GDP. This measures trade openness, but country size, geography and production structure strongly affect comparisons. Provider world_bank · indicator NE.TRD.GNFS.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision history Revision 1: 82.4877303813 · Initial observation · 2026-10-17 05:20:04 · source revision unspecified

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