Bahamas vs Iceland: External balance on goods and services

Bahamas
-581.90 million current US$
in 2024
Iceland
-872.02 million current US$
in 2025
Bahamas rank
108th
Iceland rank
111th

External balance on goods and services over time

  • Bahamas
  • Iceland
-3.0B-2.0B-1.0B01.0B2.0B197019972025

How they compare

Bahamas currently reports -581.90 million current US$ against -872.02 million current US$ in Iceland, a difference of 290.12 million current US$.

The two have swapped places 7 times across 47 shared years of data; in 1977 it was Bahamas ahead.

Bahamas ranks 108th and Iceland ranks 111th of 192 countries.

Across the 6 decades both report, Bahamas averaged higher in 3 and Iceland in 3.

Head to head by decade

Decade Bahamas Iceland Difference Ahead
1970s 114.20 million current US$ 27.03 million current US$ 87.17 million current US$ Bahamas
1980s 94.22 million current US$ 5.16 million current US$ 89.06 million current US$ Bahamas
1990s -198.18 million current US$ 1.97 million current US$ 200.15 million current US$ Iceland
2000s -440.19 million current US$ -782.01 million current US$ 341.82 million current US$ Bahamas
2010s -485.98 million current US$ 1.25 billion current US$ 1.74 billion current US$ Iceland
2020s -573.92 million current US$ -109.16 million current US$ 464.76 million current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Bahamas or Iceland?
Bahamas, at -581.90 million current US$ against -872.02 million current US$ in Iceland as of 2024.
What is the difference in external balance on goods and services between Bahamas and Iceland?
290.12 million current US$, with Bahamas ahead.
How many years of comparable data are there for Bahamas and Iceland?
47 years are reported by both, from 1977 to 2024.
How do Bahamas and Iceland rank globally for external balance on goods and services?
Bahamas ranks 108th and Iceland ranks 111th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bahamas vs Iceland: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 31 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/bahamas-the/iceland/

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 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 indicator is expressed in United States dollars.