Barbados vs Iceland: Trade in services (% of GDP)
Barbados
37.8%
in 2017
Iceland
36.8%
in 2025
Barbados rank
49th
Iceland rank
51st
Trade in services (% of GDP) over time
- Barbados
- Iceland
How they compare
Barbados currently reports 37.8% against 36.8% in Iceland, a difference of 1.0%.
The two have swapped places 1 time across 42 shared years of data; in 1976 it was Barbados ahead.
Barbados ranks 49th and Iceland ranks 51st of 200 countries.
Across the 5 decades both report, Barbados averaged higher in 4 and Iceland in 1.
Head to head by decade
| Decade | Barbados | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 44.7% | 17.1% | 27.6% | Barbados |
| 1980s | 40.2% | 19.2% | 21.0% | Barbados |
| 1990s | 44.0% | 18.7% | 25.3% | Barbados |
| 2000s | 45.8% | 26.9% | 18.9% | Barbados |
| 2010s | 36.3% | 40.3% | 4.0% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Barbados or Iceland?
- Barbados, at 37.8% against 36.8% in Iceland as of 2017.
- What is the difference in trade in services between Barbados and Iceland?
- 1.0%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Iceland?
- 42 years are reported by both, from 1976 to 2017.
- How do Barbados and Iceland rank globally for trade in services?
- Barbados ranks 49th and Iceland ranks 51st 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.