Iceland vs Mongolia: Exports of goods and services
Exports of goods and services over time
- Iceland
- Mongolia
How they compare
Mongolia currently reports 16.35 billion BoP, current US$ against 15.56 billion BoP, current US$ in Iceland, a difference of 792.70 million BoP, current US$.
That makes Mongolia's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 44 shared years of data; in 1981 it was Iceland ahead.
Iceland ranks 99th and Mongolia ranks 97th of 200 countries.
Across the 5 decades both report, Iceland averaged higher in 4 and Mongolia in 1.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.44 billion BoP, current US$ | 714.13 million BoP, current US$ | 724.96 million BoP, current US$ | Iceland |
| 1990s | 2.42 billion BoP, current US$ | 473.47 million BoP, current US$ | 1.95 billion BoP, current US$ | Iceland |
| 2000s | 4.88 billion BoP, current US$ | 1.54 billion BoP, current US$ | 3.35 billion BoP, current US$ | Iceland |
| 2010s | 9.55 billion BoP, current US$ | 5.66 billion BoP, current US$ | 3.89 billion BoP, current US$ | Iceland |
| 2020s | 11.80 billion BoP, current US$ | 11.89 billion BoP, current US$ | 90.47 million BoP, current US$ | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher exports of goods and services, Iceland or Mongolia?
- Mongolia, at 16.35 billion BoP, current US$ against 15.56 billion BoP, current US$ in Iceland as of 2024.
- What is the difference in exports of goods and services between Iceland and Mongolia?
- 792.70 million BoP, current US$, with Mongolia ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 44 years are reported by both, from 1981 to 2024.
- How do Iceland and Mongolia rank globally for exports of goods and services?
- Iceland ranks 99th and Mongolia ranks 97th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Exports of goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.