Iran vs Somalia: External balance on goods and services

Iran
-23,522.90 trillion current LCU
in 2025
Somalia
-272.14 trillion current LCU
in 2025
Iran rank
192nd
Somalia rank
190th

External balance on goods and services over time

  • Iran
  • Somalia
-20,000.0T-10,000.0T0196019922025

How they compare

Somalia currently reports -272.14 trillion current LCU against -23,522.90 trillion current LCU in Iran, a difference of 23,250.76 trillion current LCU.

The two have swapped places 12 times across 45 shared years of data; in 1960 it was Somalia ahead.

Iran ranks 192nd and Somalia ranks 190th of 192 countries.

Across the 6 decades both report, Iran averaged higher in 2 and Somalia in 4.

Head to head by decade

Decade Iran Somalia Difference Ahead
1960s -6.84 billion current LCU -142.88 million current LCU 6.70 billion current LCU Somalia
1970s 244.87 billion current LCU -1.26 billion current LCU 246.13 billion current LCU Iran
1980s -1.04 trillion current LCU -41.47 billion current LCU 1.00 trillion current LCU Somalia
1990s -4.00 trillion current LCU -486.07 billion current LCU 3.51 trillion current LCU Somalia
2010s -15.10 trillion current LCU -65.38 trillion current LCU 50.28 trillion current LCU Iran
2020s -6,060.39 trillion current LCU -175.33 trillion current LCU 5,885.07 trillion current LCU Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Iran or Somalia?
Somalia, at -272.14 trillion current LCU against -23,522.90 trillion current LCU in Iran as of 2025.
What is the difference in external balance on goods and services between Iran and Somalia?
23,250.76 trillion current LCU, with Somalia ahead.
How many years of comparable data are there for Iran and Somalia?
45 years are reported by both, from 1960 to 2025.
How do Iran and Somalia rank globally for external balance on goods and services?
Iran ranks 192nd and Somalia ranks 190th 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.

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Iran vs Somalia: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 01 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu/iran-islamic-rep/somalia-fed-rep/

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

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.