Gambia vs Iceland: External balance on goods and services

Gambia
-952.15 million current US$
in 2025
Iceland
-872.02 million current US$
in 2025
Gambia rank
114th
Iceland rank
111th

External balance on goods and services over time

  • Gambia
  • Iceland
-3.0B-2.0B-1.0B01.0B2.0B196619952025

How they compare

Iceland currently reports -872.02 million current US$ against -952.15 million current US$ in Gambia, a difference of 80.14 million current US$.

The two have swapped places 14 times across 56 shared years of data; in 1970 it was Iceland ahead.

Gambia ranks 114th and Iceland ranks 111th of 192 countries.

Across the 6 decades both report, Gambia averaged higher in 2 and Iceland in 4.

Head to head by decade

Decade Gambia Iceland Difference Ahead
1970s -14.17 million current US$ -25.43 million current US$ 11.26 million current US$ Gambia
1980s -29.57 million current US$ -1.37 million current US$ 28.20 million current US$ Iceland
1990s -46.67 million current US$ 1.97 million current US$ 48.64 million current US$ Iceland
2000s -81.26 million current US$ -782.01 million current US$ 700.75 million current US$ Gambia
2010s -197.81 million current US$ 1.25 billion current US$ 1.45 billion current US$ Iceland
2020s -643.60 million current US$ -236.30 million current US$ 407.30 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, Gambia or Iceland?
Iceland, at -872.02 million current US$ against -952.15 million current US$ in Gambia as of 2025.
What is the difference in external balance on goods and services between Gambia and Iceland?
80.14 million current US$, with Iceland ahead.
How many years of comparable data are there for Gambia and Iceland?
56 years are reported by both, from 1970 to 2025.
How do Gambia and Iceland rank globally for external balance on goods and services?
Gambia ranks 114th and Iceland ranks 111th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Gambia vs Iceland: 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-us/gambia-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.