Exports of services as a part of balance of payment reached 6.31 USD bil in 2017 in Iceland, according to the National Statistical Office. This is 17.2 % more than in the previous year.
Historically, exports of services as a part of balance of payment in Iceland reached an all time high of 6.31 USD bil in 2017 and an all time low of 0.173 USD bil in 1976. When compared to Iceland's main peers, exports of services as a part of balance of payment in Denmark amounted to 66.2 USD bil, 37.0 USD bil in Norway, 74.0 USD bil in Sweden and 361 USD bil in United Kingdom in 2017.
Iceland has been ranked 70th within the group of 120 countries we follow in terms of exports of services as a part of balance of payment, 5 places above the position seen 10 years ago.
Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.
|Exports of Services (BoP, USD)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|United Kingdom||USD bil||316||324||349||374||356|