Iceland - Net trade in goods and services

Net trade in goods and services (BoP, current US$)

The latest value for Net trade in goods and services (BoP, current US$) in Iceland was ($543,311,100) as of 2021. Over the past 45 years, the value for this indicator has fluctuated between $1,411,455,000 in 2016 and ($2,924,140,000) in 2006.

Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 $29,400,000
1977 $10,200,000
1978 $91,800,000
1979 $64,800,000
1980 $36,900,000
1981 ($8,300,000)
1982 ($120,000,000)
1983 $82,200,000
1984 $22,800,000
1985 $31,100,000
1986 $176,400,000
1987 ($20,100,000)
1988 ($18,000,000)
1989 $156,300,000
1990 $83,430,450
1991 ($79,333,020)
1992 $2,192,194
1993 $190,173,200
1994 $313,742,800
1995 $245,050,000
1996 $37,655,630
1997 $36,002,540
1998 ($368,288,700)
1999 ($403,170,900)
2000 ($617,468,000)
2001 ($89,616,400)
2002 $146,668,700
2003 ($343,251,500)
2004 ($777,489,300)
2005 ($1,976,307,000)
2006 ($2,924,140,000)
2007 ($1,961,306,000)
2008 ($637,429,100)
2009 $1,055,742,000
2010 $1,355,215,000
2011 $1,173,827,000
2012 $856,625,000
2013 $1,245,054,000
2014 $1,134,584,000
2015 $1,308,423,000
2016 $1,411,455,000
2017 $1,118,762,000
2018 $874,518,800
2019 $1,113,454,000
2020 ($156,972,900)
2021 ($543,311,100)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments