Iceland vs Tanzania: External balance on goods and services

Iceland
-872.02 million current US$
in 2025
Tanzania
-903.42 million current US$
in 2025
Iceland rank
111th
Tanzania rank
113th

External balance on goods and services over time

  • Iceland
  • Tanzania
-4.0B-2.0B02.0B197019972025

How they compare

Iceland currently reports -872.02 million current US$ against -903.42 million current US$ in Tanzania, a difference of 31.41 million current US$.

The two have swapped places 2 times across 36 shared years of data; in 1990 it was Iceland ahead.

Iceland ranks 111th and Tanzania ranks 113th of 192 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Tanzania Difference Ahead
1990s 1.97 million current US$ -949.99 million current US$ 951.95 million current US$ Iceland
2000s -782.01 million current US$ -892.13 million current US$ 110.13 million current US$ Iceland
2010s 1.25 billion current US$ -2.82 billion current US$ 4.08 billion current US$ Iceland
2020s -236.30 million current US$ -1.73 billion current US$ 1.49 billion current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Iceland or Tanzania?
Iceland, at -872.02 million current US$ against -903.42 million current US$ in Tanzania as of 2025.
What is the difference in external balance on goods and services between Iceland and Tanzania?
31.41 million current US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Tanzania?
36 years are reported by both, from 1990 to 2025.
How do Iceland and Tanzania rank globally for external balance on goods and services?
Iceland ranks 111th and Tanzania ranks 113th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Tanzania: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 29 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/iceland/tanzania/

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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.