Bellerin, who made his senior debut in the Premier League last season, was selected in the PFA Team of the Year and Wenger believes that he could be a perfect role model for the emerging Iwobi.
When asked about the Spaniard's inclusion in the annual team, Wenger said: "He was like Iwobi last year, that means he came into the squad and continued to develop.
"For Iwobi that's a good way to follow, to move even a step up next season.
"The positive of the season is that Hector has been consistent. He was outstanding in the first half as well."