Armenia vs Iceland: Trade in services
Armenia
36.8%
in 2025
Iceland
36.6%
in 2025
Armenia rank
51st
Iceland rank
53rd
Trade in services over time
- Armenia
- Iceland
How they compare
Armenia currently reports 36.8% against 36.6% in Iceland, a difference of 0.2%.
The two have swapped places 1 time across 33 shared years of data; in 1993 it was Iceland ahead.
Armenia ranks 51st and Iceland ranks 53rd of 200 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.9% | 19.7% | 7.8% | Iceland |
| 2000s | 20.5% | 26.9% | 6.3% | Iceland |
| 2010s | 30.2% | 40.0% | 9.8% | Iceland |
| 2020s | 32.1% | 32.7% | 0.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Armenia or Iceland?
- Armenia, at 36.8% against 36.6% in Iceland as of 2025.
- What is the difference in trade in services between Armenia and Iceland?
- 0.2%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 33 years are reported by both, from 1993 to 2025.
- How do Armenia and Iceland rank globally for trade in services?
- Armenia ranks 51st and Iceland ranks 53rd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.