Iceland vs Tanzania, United Republic of: Net trade in goods and services
Net trade in goods and services over time
- Iceland
- Tanzania, United Republic of
How they compare
Iceland currently reports -824.37 million BoP, current US$ against -1.02 billion BoP, current US$ in Tanzania, United Republic of, a difference of 197.90 million BoP, current US$.
The two have swapped places 2 times across 49 shared years of data; in 1976 it was Iceland ahead.
Iceland ranks 121st and Tanzania, United Republic of ranks 123rd of 200 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 49.05 million BoP, current US$ | -345.13 million BoP, current US$ | 394.18 million BoP, current US$ | Iceland |
| 1980s | 33.93 million BoP, current US$ | -635.46 million BoP, current US$ | 669.39 million BoP, current US$ | Iceland |
| 1990s | 5.75 million BoP, current US$ | -974.64 million BoP, current US$ | 980.39 million BoP, current US$ | Iceland |
| 2000s | -812.46 million BoP, current US$ | -1.33 billion BoP, current US$ | 515.74 million BoP, current US$ | Iceland |
| 2010s | 1.26 billion BoP, current US$ | -2.82 billion BoP, current US$ | 4.08 billion BoP, current US$ | Iceland |
| 2020s | -107.55 million BoP, current US$ | -2.05 billion BoP, current US$ | 1.94 billion 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, Iceland or Tanzania, United Republic of?
- Iceland, at -824.37 million BoP, current US$ against -1.02 billion BoP, current US$ in Tanzania, United Republic of as of 2025.
- What is the difference in net trade in goods and services between Iceland and Tanzania, United Republic of?
- 197.90 million BoP, current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Tanzania, United Republic of?
- 49 years are reported by both, from 1976 to 2024.
- How do Iceland and Tanzania, United Republic of rank globally for net trade in goods and services?
- Iceland ranks 121st and Tanzania, United Republic of ranks 123rd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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.