Iceland vs Nicaragua: Share of service in total exports

Iceland
7.40 billion BoP, current US$
in 2025
Nicaragua
6.84 billion BoP, current US$
in 2024
Iceland rank
111th
Nicaragua rank
113th

Share of service in total exports over time

  • Iceland
  • Nicaragua
02.0B4.0B6.0B8.0B197620002025

How they compare

Iceland currently reports 7.40 billion BoP, current US$ against 6.84 billion BoP, current US$ in Nicaragua, a difference of 563.50 million BoP, current US$.

That makes Iceland's figure about 1.1 times Nicaragua's.

The two have swapped places 1 time across 48 shared years of data; in 1977 it was Nicaragua ahead.

Iceland ranks 111th and Nicaragua ranks 113th of 198 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland Nicaragua Difference Ahead
1970s 644.17 million BoP, current US$ 632.70 million BoP, current US$ 11.47 million BoP, current US$ Iceland
1980s 1.01 billion BoP, current US$ 364.13 million BoP, current US$ 645.94 million BoP, current US$ Iceland
1990s 1.70 billion BoP, current US$ 408.33 million BoP, current US$ 1.30 billion BoP, current US$ Iceland
2000s 2.93 billion BoP, current US$ 1.19 billion BoP, current US$ 1.74 billion BoP, current US$ Iceland
2010s 4.85 billion BoP, current US$ 3.85 billion BoP, current US$ 1.00 billion BoP, current US$ Iceland
2020s 6.43 billion BoP, current US$ 5.96 billion BoP, current US$ 469.79 million BoP, current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of service in total exports, Iceland or Nicaragua?
Iceland, at 7.40 billion BoP, current US$ against 6.84 billion BoP, current US$ in Nicaragua as of 2025.
What is the difference in share of service in total exports between Iceland and Nicaragua?
563.50 million BoP, current US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Nicaragua?
48 years are reported by both, from 1977 to 2024.
How do Iceland and Nicaragua rank globally for share of service in total exports?
Iceland ranks 111th and Nicaragua ranks 113th of 198 countries.
Where does this data come from?
International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as Share of service in total exports. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Nicaragua: Share of service in total exports. Statizoid, drawing on International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/share-of-service-in-total-exports/iceland/nicaragua/

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About this data

Indicator
Share of service in total exports
Unit
BoP, current US$
Source
International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 7,759 data points, 1960–2025
Last refreshed

Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.