Iceland vs Nicaragua: External balance on goods and services
Iceland
-112.00 billion current LCU
in 2025
Nicaragua
-108.02 billion current LCU
in 2025
Iceland rank
137th
Nicaragua rank
136th
External balance on goods and services over time
- Iceland
- Nicaragua
How they compare
Nicaragua currently reports -108.02 billion current LCU against -112.00 billion current LCU in Iceland, a difference of 3.99 billion current LCU.
The two have swapped places 17 times across 56 shared years of data; in 1970 it was Iceland ahead.
Iceland ranks 137th and Nicaragua ranks 136th of 193 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Nicaragua in 2.
Head to head by decade
| Decade | Iceland | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -12.87 million current LCU | -0.0256 current LCU | 12.87 million current LCU | Nicaragua |
| 1980s | 689.28 million current LCU | -102,530 current LCU | 689.38 million current LCU | Iceland |
| 1990s | -152.37 million current LCU | -5.24 billion current LCU | 5.09 billion current LCU | Iceland |
| 2000s | -47.90 billion current LCU | -24.77 billion current LCU | 23.13 billion current LCU | Nicaragua |
| 2010s | 149.98 billion current LCU | -47.94 billion current LCU | 197.93 billion current LCU | Iceland |
| 2020s | -30.52 billion current LCU | -82.57 billion current LCU | 52.05 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Iceland or Nicaragua?
- Nicaragua, at -108.02 billion current LCU against -112.00 billion current LCU in Iceland as of 2025.
- What is the difference in external balance on goods and services between Iceland and Nicaragua?
- 3.99 billion current LCU, with Nicaragua ahead.
- How many years of comparable data are there for Iceland and Nicaragua?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Nicaragua rank globally for external balance on goods and services?
- Iceland ranks 137th and Nicaragua ranks 136th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.