Iceland vs North Macedonia: External balance on goods and services
Iceland
-112.00 billion current LCU
in 2025
North Macedonia
-143.47 billion current LCU
in 2025
Iceland rank
136th
North Macedonia rank
137th
External balance on goods and services over time
- Iceland
- North Macedonia
How they compare
Iceland currently reports -112.00 billion current LCU against -143.47 billion current LCU in North Macedonia, a difference of 31.47 billion current LCU.
The two have swapped places 6 times across 36 shared years of data; in 1990 it was Iceland ahead.
Iceland ranks 136th and North Macedonia ranks 137th of 192 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -152.37 million current LCU | -23.32 billion current LCU | 23.17 billion current LCU | Iceland |
| 2000s | -47.90 billion current LCU | -58.15 billion current LCU | 10.26 billion current LCU | Iceland |
| 2010s | 149.98 billion current LCU | -89.20 billion current LCU | 239.18 billion current LCU | Iceland |
| 2020s | -30.52 billion current LCU | -125.71 billion current LCU | 95.19 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 North Macedonia?
- Iceland, at -112.00 billion current LCU against -143.47 billion current LCU in North Macedonia as of 2025.
- What is the difference in external balance on goods and services between Iceland and North Macedonia?
- 31.47 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and North Macedonia?
- 36 years are reported by both, from 1990 to 2025.
- How do Iceland and North Macedonia rank globally for external balance on goods and services?
- Iceland ranks 136th and North Macedonia ranks 137th of 192 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.