Iceland vs Mongolia: Net trade in goods and services (BoP, current US$), annual growth rate
Iceland
-96.49 % change on previous year
in 2025
Mongolia
-112.05 % change on previous year
in 2024
Iceland rank
187th
Mongolia rank
188th
Net trade in goods and services (BoP, current US$), annual growth rate over time
- Iceland
- Mongolia
How they compare
Iceland currently reports -96.49 % change on previous year against -112.05 % change on previous year in Mongolia, a difference of 15.56 % change on previous year.
The two have swapped places 17 times across 38 shared years of data; in 1983 it was Iceland ahead.
Iceland ranks 187th and Mongolia ranks 188th of 199 countries.
Across the 5 decades both report, Iceland averaged higher in 3 and Mongolia in 2.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 209.6 % change on previous year | -5.87 % change on previous year | 215.48 % change on previous year | Iceland |
| 1990s | -24.29 % change on previous year | -39.64 % change on previous year | 15.35 % change on previous year | Iceland |
| 2000s | -7.57 % change on previous year | 35.89 % change on previous year | 43.46 % change on previous year | Mongolia |
| 2010s | 8.16 % change on previous year | -91.67 % change on previous year | 99.83 % change on previous year | Iceland |
| 2020s | -108.71 % change on previous year | -33.69 % change on previous year | 75.03 % change on previous year | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services (bop, current us$), annual growth rate, Iceland or Mongolia?
- Iceland, at -96.49 % change on previous year against -112.05 % change on previous year in Mongolia as of 2025.
- What is the difference in net trade in goods and services (bop, current us$), annual growth rate between Iceland and Mongolia?
- 15.56 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 38 years are reported by both, from 1983 to 2024.
- How do Iceland and Mongolia rank globally for net trade in goods and services (bop, current us$), annual growth rate?
- Iceland ranks 187th and Mongolia ranks 188th of 199 countries.
- Where does this data come from?
- Statizoid (derived), published as Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.