Trade balance in Iceland in 2025 — -872,016,321 US$. Ranked 75 in the world out of 138. Since 1970, the indicator has fallen by 10,722.6%.
1970–2025 · US$
How the value compares with the world and the groups this territory belongs to: Iceland
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2025 | -872M | −452M | −107.38% |
| 2024 | -420M | −646M | −286.74% |
| 2023 | 225M | +98.45M | +77.68% |
| 2022 | 127M | +521M | +132.17% |
| 2021 | -394M | −311M | −373.59% |
| 2020 | -83.19M | −1.49B | −105.91% |
| 2019 | 1.41B | +339M | +31.66% |
| 2018 | 1.07B | −179M | −14.37% |
| 2017 | 1.25B | −273M | −17.93% |
| 2016 | 1.52B | +145M | +10.5% |
| 2015 | 1.38B | +197M | +16.66% |
| 2014 | 1.18B | −111M | −8.59% |
| 2013 | 1.29B | +404M | +45.59% |
| 2012 | 887M | −311M | −25.95% |
| 2011 | 1.2B | −168M | −12.28% |
| 2010 | 1.37B | +307M | +29.04% |
| 2009 | 1.06B | +1.44B | +380.51% |
| 2008 | -377M | +1.57B | +80.62% |
| 2007 | -1.95B | +974M | +33.36% |
| 2006 | -2.92B | −944M | −47.72% |
| 2005 | -1.98B | −1.2B | −154.88% |
| 2004 | -776M | −438M | −129.73% |
| 2003 | -338M | −487M | −326.75% |
| 2002 | 149M | +219M | +312.03% |
| 2001 | -70.25M | +551M | +88.69% |
| 2000 | -621M | −215M | −53.06% |
| 1999 | -406M | −36M | −9.74% |
| 1998 | -370M | −405M | −1,155.14% |
| 1997 | 35.03M | −1.56M | −4.25% |
| 1996 | 36.59M | −209M | −85.11% |
| 1995 | 246M | −71.94M | −22.64% |
| 1994 | 318M | +130M | +69.37% |
| 1993 | 188M | +200M | +1,579.41% |
| 1992 | -12.68M | +78.77M | +86.14% |
| 1991 | -91.45M | −168M | −219.61% |
| 1990 | 76.46M | −43.75M | −36.4% |
| 1989 | 120M | +180M | +300.01% |
| 1988 | -60.1M | +2.57M | +4.1% |
| 1987 | -62.67M | −210M | −142.6% |
| 1986 | 147M | +146M | +10,985.21% |
| 1985 | 1.33M | +5.9M | +129.01% |
| 1984 | -4.57M | −60.27M | −108.21% |
| 1983 | 55.7M | +208M | +136.48% |
| 1982 | -153M | −98.19M | −180.13% |
| 1981 | -54.51M | −51.03M | −1,467.05% |
| 1980 | -3.48M | −32.91M | −111.82% |
| 1979 | 29.43M | −41.35M | −58.42% |
| 1978 | 70.78M | +89.91M | +469.99% |
| 1977 | -19.13M | −23.57M | −530.9% |
| 1976 | 4.44M | +122M | +103.77% |
| 1975 | -118M | +29.12M | +19.84% |
| 1974 | -147M | −122M | −498.67% |
| 1973 | -24.51M | −8.75M | −55.49% |
| 1972 | -15.76M | +27.62M | +63.66% |
| 1971 | -43.39M | −51.59M | −628.5% |
| 1970 | 8.21M | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
