Iceland - Trade Balance 1987
$-62.7M
−$209.8M from 1986
Iceland's trade balance was $-62.7M in 1987, decreased +$209.8M from $147.1M in 1986. This was the 66th highest globally.
Global Ranking - 1987▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $-144.8B | -9.8% |
| 2nd | France | $-7.0B | -449.2% |
| 3rd | Saudi Arabia | $-5.4B | 32.0% |
| 4th | United Kingdom | $-4.9B | -156.2% |
| 5th | Germany | $-4.4B | -8.8% |
| 6th | Egypt, Arab Republic of | $-4.1B | -18.0% |
| 7th | India | $-3.8B | 15.6% |
| 8th | Israel | $-3.5B | -112.1% |
| 9th | Greece | $-3.3B | 5.0% |
| 10th | Viet Nam | $-3.2B | -22.8% |
| 11th | Australia | $-3.0B | 45.9% |
| 12th | Cuba | $-2.8B | 4.8% |
| 13th | Algeria | $-2.8B | 58.0% |
| 14th | Spain | $-2.7B | -201.2% |
| 15th | Portugal | $-2.4B | -200.0% |
| 16th | Norway | $-2.3B | 20.0% |
| 17th | Türkiye | $-1.9B | 10.1% |
| 18th | Pakistan | $-1.8B | 29.4% |
| 19th | Jordan | $-1.7B | -3.1% |
| 20th | Iraq | $-1.6B | 64.9% |
| 21st | Bangladesh | $-1.6B | -12.5% |
| 22nd | Syrian Arab Republic | $-1.5B | -3.2% |
| 23rd | Mongolia | $-1.3B | 15.6% |
| 24th | Morocco | $-1.0B | 19.4% |
| 25th | Ecuador | $-976.0M | -244.2% |
| 26th | Peru | $-745.2M | -109.0% |
| 27th | Sri Lanka | $-701.9M | 5.6% |
| 28th | Senegal | $-696.6M | -10.4% |
| 29th | Sudan | $-680.0M | -95.4% |
| 30th | Uganda | $-614.2M | -544.7% |
| 31st | Bulgaria | $-516.2M | 25.8% |
| 32nd | Cameroon | $-513.1M | -877.0% |
| 33rd | Guatemala | $-456.6M | -532.5% |
| 34th | Dominican Republic | $-408.2M | -88.0% |
| 35th | Kenya | $-405.9M | -38.6% |
| 36th | Burkina Faso | $-396.3M | 2.6% |
| 37th | Ghana | $-331.0M | -62.1% |
| 38th | Mali | $-324.1M | 12.9% |
| 39th | El Salvador | $-281.4M | -70.4% |
| 40th | Nepal | $-268.9M | -9.2% |
| 41st | Panama | $-263.8M | -24.8% |
| 42nd | Rwanda | $-252.2M | -71.3% |
| 43rd | Somalia, Fed. Rep. | $-247.6M | -18.7% |
| 44th | Benin | $-245.0M | -15.1% |
| 45th | Chad | $-244.1M | -4.0% |
| 46th | Papua New Guinea | $-204.5M | 0.7% |
| 47th | Bolivia, Plurinational State of | $-189.6M | -9.3% |
| 48th | Costa Rica | $-187.4M | -601.4% |
| 49th | Togo | $-165.4M | 6.1% |
| 50th | Malta | $-155.6M | -14.3% |
| 51st | Central African Republic | $-128.6M | -9.8% |
| 52nd | Guinea-Bissau | $-124.7M | -38.5% |
| 53rd | Faroe Islands | $-119.6M | -15.3% |
| 54th | Namibia | $-112.9M | -160.4% |
| 55th | Cabo Verde | $-112.1M | -1.6% |
| 56th | Cyprus | $-110.5M | -5.6% |
| 57th | Philippines | $-103.7M | -112.8% |
| 58th | Niger | $-97.8M | -642.7% |
| 59th | Tunisia | $-95.9M | 85.1% |
| 60th | Mauritania | $-95.1M | 21.9% |
| 61st | Seychelles | $-90.0M | -4.3% |
| 62nd | Lao PDR | $-86.2M | -18.7% |
| 63rd | Gabon | $-82.9M | 87.5% |
| 64th | Nicaragua | $-76.6M | 67.0% |
| 65th | Solomon Islands | $-67.4M | -12.8% |
| 66th | Iceland | $-62.7M | -142.6% |
| 67th | Madagascar | $-59.4M | 26.2% |
| 68th | Comoros | $-56.7M | -21.4% |
| 69th | Honduras | $-54.4M | -280.7% |
| 70th | Austria | $-51.3M | -170.2% |
| 71st | Guyana | $-39.7M | -13.9% |
| 72nd | Vanuatu | $-37.3M | -4.4% |
| 73rd | Bhutan | $-36.8M | 47.4% |
| 74th | Tonga | $-27.5M | 8.7% |
| 75th | Kiribati | $-27.1M | -696.3% |
| 76th | Gambia, The | $-21.8M | -23.8% |
| 77th | Belize | $-9.3M | -12.1% |
| 78th | Albania | $-2.1M | 76.7% |
| 79th | Paraguay | $10.4M | -80.5% |
| 80th | Guinea | $18.9M | -68.6% |
| 81st | Mauritius | $38.7M | -60.3% |
| 82nd | Georgia | $51.5M | - |
| 83rd | Sierra Leone | $57.9M | 482.0% |
| 84th | Congo, Republic of | $71.5M | 128.0% |
| 85th | Bahamas, The | $149.8M | 2.5% |
| 86th | Uruguay | $180.0M | -48.5% |
| 87th | Zimbabwe | $184.9M | 17.5% |
| 88th | Thailand | $283.0M | -67.7% |
| 89th | China | $291.0M | 103.9% |
| 90th | Argentina | $323.6M | -83.4% |
| 91st | Macao SAR, China | $362.4M | 100.4% |
| 92nd | Côte d'Ivoire | $384.3M | -54.9% |
| 93rd | Finland | $474.8M | -50.8% |
| 94th | Bahrain | $507.7M | 19.7% |
| 95th | Botswana | $524.5M | 96.1% |
| 96th | Chile | $555.1M | 13.6% |
| 97th | Iran, Islamic Republic of | $576.2M | 104.1% |
| 98th | Singapore | $620.9M | 26.8% |
| 99th | Luxembourg | $625.2M | -22.0% |
| 100th | New Zealand | $903.7M | 486.1% |
| 101st | Puerto Rico (US) | $1.3B | -8.7% |
| 102nd | Ireland | $1.4B | 355.4% |
| 103rd | Colombia | $1.5B | -38.6% |
| 104th | Oman | $1.5B | 1,357.7% |
| 105th | Indonesia | $1.7B | 11,389.1% |
| 106th | Denmark | $2.2B | 1,382.4% |
| 107th | Switzerland | $2.6B | 97.8% |
| 108th | Belgium | $2.7B | 1.0% |
| 109th | Sweden | $3.3B | -27.8% |
| 110th | Italy | $3.3B | -59.0% |
| 111th | Kuwait | $3.4B | 1,154.9% |
| 112th | Malaysia | $4.5B | 164.0% |
| 113th | Canada | $4.9B | 43.2% |
| 114th | Hong Kong SAR, China | $5.3B | 41.0% |
| 115th | South Africa | $8.5B | 47.8% |
| 116th | Mexico | $8.6B | 69.5% |
| 117th | Korea | $9.5B | 124.4% |
| 118th | Brazil | $9.6B | 45.5% |
| 119th | Netherlands | $9.8B | -6.7% |
| 120th | Japan | $70.1B | -8.2% |
FAQ
What was Iceland's trade balance in 1987?▾
Iceland's trade balance in 1987 was $-62.7M. This ranked 66th globally.
How did Iceland's trade balance change in 1987?▾
Iceland's trade balance decreased by 142.6% in 1987 compared to 1986.
Which country had the highest trade balance in 1987?▾
Japan had the highest trade balance in 1987 at $70.1B.
What is the trade balance of Iceland in 1987?▾
The trade balance of Iceland in 1987 was $-62.7M. This ranked 66th globally.
How does 1987 compare to 1986 for Iceland's trade balance?▾
Iceland's trade balance went from $147.1M in 1986 to $-62.7M in 1987, a 142.6% decrease.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1987. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 20.8%. View full analysis →
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