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Iceland - Trade Balance 1990

Name: Iceland Trade Balance 1990
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$76.5M −$43.8M from 1989 Global rank: 93rd

Iceland's trade balance was $76.5M in 1990, decreased +$43.8M from $120.2M in 1989. This was the 93rd highest globally.

Global Ranking - 1990▾

Trade Balance by Country - 1990
Rank	Country	Value	YoY
1st	United States	$-77.9B	10.2%
2nd	Spain	$-22.2B	-28.8%
3rd	United Kingdom	$-17.4B	44.7%
4th	Iran, Islamic Republic of	$-13.1B	-31.6%
5th	Greece	$-9.3B	-49.4%
6th	France	$-7.7B	-80.7%
7th	Thailand	$-6.4B	-246.4%
8th	Türkiye	$-6.3B	-275.5%
9th	Australia	$-6.0B	-9.1%
10th	Portugal	$-5.3B	-46.9%
11th	Egypt, Arab Republic of	$-5.2B	9.2%
12th	India	$-4.5B	-33.6%
13th	Germany	$-3.7B	58.2%
14th	Romania	$-3.6B	-
15th	Israel	$-3.1B	-54.3%
16th	Cuba	$-3.0B	17.1%
17th	Mexico	$-2.9B	-1,908.7%
18th	Korea	$-2.5B	-160.4%
19th	Kuwait	$-2.4B	-190.2%
20th	Lebanon	$-2.3B	-16.8%
21st	Bangladesh	$-2.3B	-8.3%
22nd	Finland	$-2.2B	-0.7%
23rd	Pakistan	$-2.2B	13.4%
24th	Philippines	$-2.1B	-138.8%
25th	Morocco	$-1.7B	-20.5%
26th	Jordan	$-1.2B	-60.0%
27th	Slovak Republic	$-1.2B	-
28th	Tanzania	$-1.1B	-
29th	Sudan	$-1.0B	-19.7%
30th	Algeria	$-926.6M	83.1%
31st	Ukraine	$-877.3M	-1,527.0%
32nd	Tunisia	$-866.1M	-158.6%
33rd	Senegal	$-789.1M	-21.7%
34th	Bulgaria	$-744.5M	-94.9%
35th	Haiti	$-699.6M	-75.9%
36th	Yemen, Republic of	$-669.0M	-
37th	Sri Lanka	$-633.2M	4.6%
38th	El Salvador	$-608.1M	-33.0%
39th	Viet Nam	$-597.9M	6.9%
40th	Mongolia	$-565.2M	49.7%
41st	Dominican Republic	$-564.3M	-3.8%
42nd	Kyrgyz Republic	$-540.7M	-
43rd	Ghana	$-528.4M	-32.4%
44th	Uganda	$-522.0M	2.4%
45th	Kenya	$-483.1M	17.7%
46th	North Macedonia	$-448.9M	-
47th	Panama	$-438.0M	-45.7%
48th	Burkina Faso	$-418.3M	-7.4%
49th	Georgia	$-413.5M	-66.7%
50th	New Caledonia	$-410.4M	-
51st	Mali	$-409.8M	-42.4%
52nd	Nepal	$-403.9M	-2.2%
53rd	Costa Rica	$-394.4M	-93.5%
54th	Malta	$-326.5M	-49.1%
55th	Cyprus	$-313.5M	18.4%
56th	Guatemala	$-291.8M	32.8%
57th	Papua New Guinea	$-267.9M	37.6%
58th	Madagascar	$-261.1M	-682.4%
59th	Somalia, Fed. Rep.	$-256.4M	36.9%
60th	Armenia	$-255.7M	-
61st	Chad	$-250.8M	0.8%
62nd	Nicaragua	$-216.0M	34.7%
63rd	Rwanda	$-215.6M	19.6%
64th	Niger	$-192.5M	-31.8%
65th	Mauritius	$-191.0M	-19.5%
66th	Namibia	$-185.2M	-317.4%
67th	Albania	$-175.0M	-169.7%
68th	Guinea-Bissau	$-171.9M	16.8%
69th	Togo	$-167.4M	5.7%
70th	Cabo Verde	$-158.6M	-38.0%
71st	Austria	$-155.7M	77.0%
72nd	Benin	$-144.2M	15.1%
73rd	Seychelles	$-127.0M	1.4%
74th	Central African Republic	$-126.9M	-67.0%
75th	Lao PDR	$-114.2M	19.5%
76th	Solomon Islands	$-106.8M	11.0%
77th	Mauritania	$-86.9M	-2,009.0%
78th	Comoros	$-72.6M	-22.2%
79th	Guyana	$-68.0M	-149.0%
80th	Guinea	$-63.1M	-298.4%
81st	Bahamas, The	$-56.9M	44.3%
82nd	Bolivia, Plurinational State of	$-55.9M	-80.2%
83rd	Vanuatu	$-41.0M	-11.2%
84th	Kiribati	$-38.8M	-31.1%
85th	Gambia, The	$-37.0M	-27.6%
86th	Tonga	$-35.5M	11.6%
87th	Bhutan	$-15.2M	44.4%
88th	Sierra Leone	$4.5M	-92.3%
89th	Zimbabwe	$6.5M	-95.1%
90th	Belize	$12.5M	131.9%
91st	Honduras	$18.8M	152.8%
92nd	Syrian Arab Republic	$47.8M	1,635.3%
93rd	Iceland	$76.5M	-36.4%
94th	Faroe Islands	$84.3M	1,826.9%
95th	Ecuador	$142.3M	122.5%
96th	Botswana	$199.5M	-50.6%
97th	Cameroon	$353.3M	9.2%
98th	Belarus	$401.6M	-
99th	Azerbaijan	$412.1M	-
100th	New Zealand	$416.5M	31.3%
101st	Iraq	$487.7M	181.9%
102nd	Côte d'Ivoire	$494.3M	70.1%
103rd	Uruguay	$505.5M	3.4%
104th	Peru	$508.3M	1,744.1%
105th	Switzerland	$551.7M	-78.0%
106th	Macao SAR, China	$676.6M	41.4%
107th	Paraguay	$763.6M	-22.9%
108th	Sweden	$765.4M	-15.0%
109th	Brunei Darussalam	$864.0M	8.8%
110th	Bahrain	$886.2M	108.2%
111th	Malaysia	$899.9M	-61.8%
112th	Gabon	$903.5M	369.4%
113th	Congo, Republic of	$916.2M	180.0%
114th	Canada	$918.8M	521.6%
115th	Czechia	$956.4M	-
116th	Chile	$1.1B	-18.9%
117th	Russian Federation	$1.1B	-75.1%
118th	Colombia	$1.4B	-14.7%
119th	Luxembourg	$1.5B	17.2%
120th	Slovenia	$1.8B	-
121st	Indonesia	$1.8B	-37.5%
122nd	Ireland	$2.2B	2.2%
123rd	Italy	$2.3B	1,389.0%
124th	Libya	$2.5B	-
125th	Oman	$2.9B	297.1%
126th	Puerto Rico (US)	$3.6B	55.0%
127th	Belgium	$3.6B	0.2%
128th	Singapore	$3.6B	8.2%
129th	Brazil	$4.8B	-66.2%
130th	South Africa	$6.1B	20.4%
131st	Hong Kong SAR, China	$6.6B	-16.7%
132nd	Norway	$7.3B	119.7%
133rd	Denmark	$7.7B	80.1%
134th	Argentina	$8.1B	63.1%
135th	Saudi Arabia	$10.5B	355.2%
136th	China	$10.7B	316.5%
137th	Netherlands	$17.9B	42.4%
138th	Japan	$24.4B	-41.0%

FAQ

What was Iceland's trade balance in 1990?▾

Iceland's trade balance in 1990 was $76.5M. This ranked 93rd globally.

How did Iceland's trade balance change in 1990?▾

Iceland's trade balance decreased by 36.4% in 1990 compared to 1989.

Which country had the highest trade balance in 1990?▾

Japan had the highest trade balance in 1990 at $24.4B.

What is the trade balance of Iceland in 1990?▾

The trade balance of Iceland in 1990 was $76.5M. This ranked 93rd globally.

How does 1990 compare to 1989 for Iceland's trade balance?▾

Iceland's trade balance went from $120.2M in 1989 to $76.5M in 1990, a 36.4% decrease.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1990. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 3.9%. View full analysis →

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