(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
Iceland: Trade balance, billion USD
For that indicator, The World Bank provides data for Iceland from 1976 to 2018. The average value for Iceland during that period was 0.06 billion U.S. dollars with a minimum of -2.93 billion U.S. dollars in 2006 and a maximum of 1.35 billion U.S. dollars in 2010.
The latest value from 2018 is 0.78 billion U.S. dollars. For comparison, the world average in 2018 based on 155
countries is 2596147531.27 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
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.