Iceland vs Mongolia: Exports of goods, services and primary income

Iceland
16.52 billion BoP, current US$
in 2025
Mongolia
16.91 billion BoP, current US$
in 2024
Iceland rank
99th
Mongolia rank
98th

Exports of goods, services and primary income over time

  • Iceland
  • Mongolia
05.0B10.0B15.0B197620002025

How they compare

Mongolia currently reports 16.91 billion BoP, current US$ against 16.52 billion BoP, current US$ in Iceland, a difference of 390.40 million BoP, current US$.

The two have swapped places 1 time across 42 shared years of data; in 1981 it was Iceland ahead.

Iceland ranks 99th and Mongolia ranks 98th of 199 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
1980s 1.51 billion BoP, current US$ 727.96 million BoP, current US$ 779.02 million BoP, current US$ Iceland
1990s 2.53 billion BoP, current US$ 490.03 million BoP, current US$ 2.04 billion BoP, current US$ Iceland
2000s 6.14 billion BoP, current US$ 1.56 billion BoP, current US$ 4.59 billion BoP, current US$ Iceland
2010s 10.56 billion BoP, current US$ 5.77 billion BoP, current US$ 4.79 billion BoP, current US$ Iceland
2020s 12.70 billion BoP, current US$ 12.29 billion BoP, current US$ 413.51 million BoP, current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher exports of goods, services and primary income, Iceland or Mongolia?
Mongolia, at 16.91 billion BoP, current US$ against 16.52 billion BoP, current US$ in Iceland as of 2024.
What is the difference in exports of goods, services and primary income between Iceland and Mongolia?
390.40 million BoP, current US$, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
42 years are reported by both, from 1981 to 2024.
How do Iceland and Mongolia rank globally for exports of goods, services and primary income?
Iceland ranks 99th and Mongolia ranks 98th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Exports of goods, services and primary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Exports of goods, services and primary income. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/exports-of-goods-services-and-primary-income-bop-current-us/iceland/mongolia/

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About this data

Indicator
Exports of goods, services and primary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,590 data points, 1960–2025
Last refreshed

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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.