Iceland vs Timor-Leste: Net trade in goods and services
Net trade in goods and services over time
- Iceland
- Timor-Leste
How they compare
Iceland currently reports -824.37 million BoP, current US$ against -1.04 billion BoP, current US$ in Timor-Leste, a difference of 218.56 million BoP, current US$.
The two have swapped places 3 times across 20 shared years of data; in 2006 it was Timor-Leste ahead.
Iceland ranks 121st and Timor-Leste ranks 124th of 199 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Timor-Leste in 2.
Head to head by decade
| Decade | Iceland | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -1.12 billion BoP, current US$ | -640.03 million BoP, current US$ | 476.75 million BoP, current US$ | Timor-Leste |
| 2010s | 1.26 billion BoP, current US$ | -1.13 billion BoP, current US$ | 2.39 billion BoP, current US$ | Iceland |
| 2020s | -227.02 million BoP, current US$ | 11.05 million BoP, current US$ | 238.07 million BoP, current US$ | Timor-Leste |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Iceland or Timor-Leste?
- Iceland, at -824.37 million BoP, current US$ against -1.04 billion BoP, current US$ in Timor-Leste as of 2025.
- What is the difference in net trade in goods and services between Iceland and Timor-Leste?
- 218.56 million BoP, current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Timor-Leste?
- 20 years are reported by both, from 2006 to 2025.
- How do Iceland and Timor-Leste rank globally for net trade in goods and services?
- Iceland ranks 121st and Timor-Leste ranks 124th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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.