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Iceland - Trade Balance 1981

Name: Iceland Trade Balance 1981
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-54.5M −$51.0M from 1980 Global rank: 85th

Iceland's trade balance was $-54.5M in 1981, decreased +$51.0M from $-3.5M in 1980. This was the 85th highest globally.

Global Ranking - 1981▾

Trade Balance by Country - 1981
Rank	Country	Value	YoY
1st	Germany	$-31.5B	28.5%
2nd	Iran, Islamic Republic of	$-15.7B	-10.5%
3rd	United States	$-12.5B	4.1%
4th	Iraq	$-11.6B	-169.1%
5th	Italy	$-8.4B	32.3%
6th	France	$-7.6B	12.3%
7th	Mexico	$-6.3B	-42.9%
8th	Spain	$-5.7B	17.8%
9th	Korea	$-5.5B	5.9%
10th	India	$-5.1B	11.9%
11th	Portugal	$-4.8B	-28.0%
12th	Chile	$-3.7B	-165.5%
13th	Türkiye	$-3.3B	28.6%
14th	Australia	$-3.2B	-510.2%
15th	Israel	$-3.1B	-22.3%
16th	Ireland	$-2.9B	0.4%
17th	Egypt, Arab Republic of	$-2.8B	-3.7%
18th	Syrian Arab Republic	$-2.7B	-19.6%
19th	Pakistan	$-2.7B	-5.3%
20th	Jordan	$-2.4B	-37.1%
21st	Cuba	$-2.3B	-2.0%
22nd	Belgium	$-2.2B	38.7%
23rd	Thailand	$-2.2B	-8.0%
24th	Morocco	$-2.2B	-14.2%
25th	Bangladesh	$-1.8B	19.0%
26th	Greece	$-1.8B	37.3%
27th	Austria	$-1.7B	39.7%
28th	South Africa	$-1.7B	-125.7%
29th	Malaysia	$-1.5B	-352.3%
30th	Sudan	$-1.5B	-31.8%
31st	Colombia	$-1.3B	-725.8%
32nd	Philippines	$-1.2B	-
33rd	Puerto Rico (US)	$-1.1B	29.4%
34th	Mongolia	$-1.1B	-
35th	Brazil	$-999.1M	81.1%
36th	Senegal	$-948.4M	-23.1%
37th	Peru	$-899.8M	-246.0%
38th	New Zealand	$-738.5M	-193.2%
39th	Tunisia	$-713.6M	-52.2%
40th	Sri Lanka	$-709.9M	21.9%
41st	Côte d'Ivoire	$-599.5M	4.6%
42nd	Guatemala	$-560.5M	-160.3%
43rd	Dominican Republic	$-558.6M	39.8%
44th	Zimbabwe	$-519.4M	-146.3%
45th	Papua New Guinea	$-512.2M	-98.4%
46th	Singapore	$-483.8M	41.3%
47th	Nicaragua	$-481.0M	-17.8%
48th	Panama	$-477.6M	-39.1%
49th	Hong Kong SAR, China	$-471.4M	-216.2%
50th	Cameroon	$-432.8M	-960.8%
51st	Lesotho	$-424.3M	-10.4%
52nd	Uruguay	$-422.8M	25.7%
53rd	Burkina Faso	$-393.5M	8.6%
54th	Paraguay	$-383.3M	-38.9%
55th	Benin	$-361.9M	-19.7%
56th	Congo, Republic of	$-360.3M	-18,930.1%
57th	Argentina	$-354.7M	67.6%
58th	Somalia, Fed. Rep.	$-304.5M	8.8%
59th	Madagascar	$-273.8M	41.1%
60th	Cyprus	$-272.9M	28.9%
61st	Niger	$-261.5M	23.0%
62nd	Namibia	$-256.4M	-175.0%
63rd	Mali	$-237.6M	7.7%
64th	El Salvador	$-237.5M	-824.9%
65th	Botswana	$-234.4M	-65.1%
66th	Kenya	$-230.3M	50.3%
67th	Togo	$-212.8M	-0.4%
68th	Sierra Leone	$-186.4M	-10.3%
69th	Mauritania	$-177.3M	-0.4%
70th	Rwanda	$-167.9M	-12.0%
71st	Nepal	$-152.8M	-9.2%
72nd	Ecuador	$-148.2M	-13.7%
73rd	Honduras	$-139.6M	-2.6%
74th	Guyana	$-133.4M	-79.0%
75th	Costa Rica	$-128.8M	74.2%
76th	Mauritius	$-119.5M	-3.0%
77th	Malta	$-99.9M	-46.0%
78th	Guinea-Bissau	$-98.6M	-17.6%
79th	Solomon Islands	$-91.9M	-6.0%
80th	Uganda	$-80.0M	2.4%
81st	Seychelles	$-74.8M	2.4%
82nd	Cabo Verde	$-68.7M	3.3%
83rd	Central African Republic	$-67.2M	46.8%
84th	Chad	$-66.3M	46.2%
85th	Iceland	$-54.5M	-1,467.1%
86th	Gambia, The	$-49.9M	0.8%
87th	Faroe Islands	$-47.8M	-10.0%
88th	Bhutan	$-47.7M	-46.3%
89th	Belize	$-38.7M	-57.0%
90th	Comoros	$-38.5M	12.5%
91st	Tonga	$-26.1M	-29.9%
92nd	Ghana	$-24.0M	21.7%
93rd	Kiribati	$-18.1M	-2,612.5%
94th	Vanuatu	$-2.3M	76.1%
95th	Bolivia, Plurinational State of	$18.4M	-81.9%
96th	Albania	$27.5M	313.9%
97th	Bahamas, The	$71.5M	-28.6%
98th	Luxembourg	$179.5M	-47.9%
99th	Bulgaria	$221.7M	-77.7%
100th	Sweden	$249.9M	113.6%
101st	Bahrain	$385.6M	41.5%
102nd	Finland	$512.5M	173.4%
103rd	Switzerland	$577.6M	121.0%
104th	Denmark	$870.5M	371.8%
105th	Gabon	$875.5M	-38.2%
106th	Algeria	$1.6B	-2.9%
107th	Indonesia	$1.8B	-70.4%
108th	Oman	$1.9B	29.1%
109th	Canada	$2.0B	-56.1%
110th	China	$2.2B	188.2%
111th	Brunei Darussalam	$3.5B	-13.9%
112th	Norway	$4.4B	19.4%
113th	Japan	$7.5B	169.5%
114th	Kuwait	$7.8B	-38.4%
115th	Netherlands	$9.4B	169.2%
116th	United Kingdom	$16.9B	20.2%
117th	Saudi Arabia	$60.3B	1.4%

FAQ

What was Iceland's trade balance in 1981?▾

Iceland's trade balance in 1981 was $-54.5M. This ranked 85th globally.

How did Iceland's trade balance change in 1981?▾

Iceland's trade balance decreased by 1,467.1% in 1981 compared to 1980.

Which country had the highest trade balance in 1981?▾

Saudi Arabia had the highest trade balance in 1981 at $60.3B.

What is the trade balance of Iceland in 1981?▾

The trade balance of Iceland in 1981 was $-54.5M. This ranked 85th globally.

How does 1981 compare to 1980 for Iceland's trade balance?▾

Iceland's trade balance went from $-3.5M in 1980 to $-54.5M in 1981, a 1,467.1% decrease.

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