Armenia vs Iceland: Net trade in goods and services (BoP, current US$), annual growth rate

Armenia
-117.04 % change on previous year
in 2025
Iceland
-96.49 % change on previous year
in 2025
Armenia rank
190th
Iceland rank
187th

Net trade in goods and services (BoP, current US$), annual growth rate over time

  • Armenia
  • Iceland
-50005001.0k197720012025

How they compare

Iceland currently reports -96.49 % change on previous year against -117.04 % change on previous year in Armenia, a difference of 20.55 % change on previous year.

The two have swapped places 14 times across 31 shared years of data; in 1994 it was Iceland ahead.

Armenia ranks 190th and Iceland ranks 187th of 199 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Iceland in 3.

Head to head by decade

Decade Armenia Iceland Difference Ahead
1990s -38.8 % change on previous year -11.08 % change on previous year 27.72 % change on previous year Iceland
2000s -20.34 % change on previous year -0.0641 % change on previous year 20.27 % change on previous year Iceland
2010s -0.3554 % change on previous year 5.44 % change on previous year 5.79 % change on previous year Iceland
2020s -56.8 % change on previous year -106.67 % change on previous year 49.88 % change on previous year Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net trade in goods and services (bop, current us$), annual growth rate, Armenia or Iceland?
Iceland, at -96.49 % change on previous year against -117.04 % change on previous year in Armenia as of 2025.
What is the difference in net trade in goods and services (bop, current us$), annual growth rate between Armenia and Iceland?
20.55 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Armenia and Iceland?
31 years are reported by both, from 1994 to 2025.
How do Armenia and Iceland rank globally for net trade in goods and services (bop, current us$), annual growth rate?
Armenia ranks 190th and Iceland ranks 187th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Iceland: Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-and-services-bop-current-us-annual-growth-rate/armenia/iceland/

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About this data

Indicator
Net trade in goods and services (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,458 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.