Iceland - External balance on goods and services (current US$)
The latest value for External balance on goods and services (current US$) in Iceland was ($159,509,700) as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,379,637,000 in 2016 and ($2,921,080,000) in 2006.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $8,209,091 |
| 1971 | ($43,385,230) |
| 1972 | ($15,764,790) |
| 1973 | ($24,512,370) |
| 1974 | ($146,748,400) |
| 1975 | ($117,630,400) |
| 1976 | $4,439,809 |
| 1977 | ($19,131,090) |
| 1978 | $70,782,710 |
| 1979 | $29,433,920 |
| 1980 | ($3,478,406) |
| 1981 | ($54,508,460) |
| 1982 | ($152,695,000) |
| 1983 | $55,700,320 |
| 1984 | ($4,574,474) |
| 1985 | $1,327,224 |
| 1986 | $147,128,100 |
| 1987 | ($62,673,440) |
| 1988 | ($60,101,110) |
| 1989 | $120,210,500 |
| 1990 | $76,457,500 |
| 1991 | ($91,449,840) |
| 1992 | ($12,678,580) |
| 1993 | $187,567,000 |
| 1994 | $317,688,800 |
| 1995 | $245,753,300 |
| 1996 | $36,587,970 |
| 1997 | $35,026,340 |
| 1998 | ($369,640,800) |
| 1999 | ($405,640,200) |
| 2000 | ($620,892,800) |
| 2001 | ($70,246,020) |
| 2002 | $148,944,200 |
| 2003 | ($337,728,300) |
| 2004 | ($775,868,300) |
| 2005 | ($1,977,500,000) |
| 2006 | ($2,921,080,000) |
| 2007 | ($1,946,714,000) |
| 2008 | ($377,257,500) |
| 2009 | $1,058,255,000 |
| 2010 | $1,353,949,000 |
| 2011 | $1,169,382,000 |
| 2012 | $850,665,500 |
| 2013 | $1,242,594,000 |
| 2014 | $1,138,635,000 |
| 2015 | $1,311,204,000 |
| 2016 | $1,379,637,000 |
| 2017 | $1,109,195,000 |
| 2018 | $873,117,100 |
| 2019 | $1,126,296,000 |
| 2020 | ($159,509,700) |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
