Belarus vs Iceland: External balance on goods and services
Belarus
-1.9%
in 2025
Iceland
-2.3%
in 2025
Belarus rank
92nd
Iceland rank
95th
External balance on goods and services over time
- Belarus
- Iceland
How they compare
Belarus currently reports -1.9% against -2.3% in Iceland, a difference of 0.4%.
The two have swapped places 8 times across 36 shared years of data; in 1990 it was Belarus ahead.
Belarus ranks 92nd and Iceland ranks 95th of 193 countries.
Across the 4 decades both report, Belarus averaged higher in 1 and Iceland in 3.
Head to head by decade
| Decade | Belarus | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -4.6% | 0.3% | 4.9% | Iceland |
| 2000s | -4.9% | -4.6% | 0.3% | Iceland |
| 2010s | -1.3% | 6.8% | 8.0% | Iceland |
| 2020s | 1.9% | -0.7% | 2.6% | Belarus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Belarus or Iceland?
- Belarus, at -1.9% against -2.3% in Iceland as of 2025.
- What is the difference in external balance on goods and services between Belarus and Iceland?
- 0.4%, with Belarus ahead.
- How many years of comparable data are there for Belarus and Iceland?
- 36 years are reported by both, from 1990 to 2025.
- How do Belarus and Iceland rank globally for external balance on goods and services?
- Belarus ranks 92nd and Iceland ranks 95th of 193 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.