Bermuda vs Iceland: Net trade in goods and services
Net trade in goods and services over time
- Bermuda
- Iceland
How they compare
Bermuda currently reports -701.16 million BoP, current US$ against -824.37 million BoP, current US$ in Iceland, a difference of 123.21 million BoP, current US$.
The two have swapped places 1 time across 18 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 118th and Iceland ranks 121st of 199 countries.
Across the 3 decades both report, Bermuda averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Bermuda | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -598.53 million BoP, current US$ | -1.12 billion BoP, current US$ | 518.25 million BoP, current US$ | Bermuda |
| 2010s | -549.05 million BoP, current US$ | 1.26 billion BoP, current US$ | 1.81 billion BoP, current US$ | Iceland |
| 2020s | -749.10 million BoP, current US$ | -29.55 million BoP, current US$ | 719.55 million BoP, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Bermuda or Iceland?
- Bermuda, at -701.16 million BoP, current US$ against -824.37 million BoP, current US$ in Iceland as of 2023.
- What is the difference in net trade in goods and services between Bermuda and Iceland?
- 123.21 million BoP, current US$, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Iceland?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Iceland rank globally for net trade in goods and services?
- Bermuda ranks 118th and Iceland ranks 121st of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.