Iceland vs Mongolia: Services, Debit/Expenditure

Iceland
5.16 billion
in 2024
Mongolia
4.92 billion
in 2024
Iceland rank
92nd
Mongolia rank
94th

Services, Debit/Expenditure over time

  • Iceland
  • Mongolia
01.0B2.0B3.0B4.0B5.0B200520142024

How they compare

Iceland currently reports 5.16 billion against 4.92 billion in Mongolia, a difference of 243.12 million.

Across all 20 years both countries report, Iceland has been ahead every year.

Iceland ranks 92nd and Mongolia ranks 94th of 198 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
2000s 2.42 billion 496.76 million 1.93 billion Iceland
2010s 3.07 billion 1.97 billion 1.10 billion Iceland
2020s 3.95 billion 3.44 billion 510.92 million Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, debit/expenditure, Iceland or Mongolia?
Iceland, at 5.16 billion against 4.92 billion in Mongolia as of 2024.
What is the difference in services, debit/expenditure between Iceland and Mongolia?
243.12 million, with Iceland ahead.
How many years of comparable data are there for Iceland and Mongolia?
20 years are reported by both, from 2005 to 2024.
How do Iceland and Mongolia rank globally for services, debit/expenditure?
Iceland ranks 92nd and Mongolia ranks 94th of 198 countries.
Where does this data come from?
International Monetary Fund, published as Services, Debit/Expenditure (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Services, Debit/Expenditure. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/compare/services-debit-expenditure-us-dollar/iceland/mongolia/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.