Iceland - Pharmaceutical Industry Trade Balance
Since 2014, Iceland Pharmaceutical Industry Trade Balance rose 23.1% year on year. At -$158.25 Million in 2019, the country was ranked number 16 among other countries in Pharmaceutical Industry Trade Balance. Iceland is overtaken by Israel, which was ranked number 15 with $201.97 Million and is followed by Latvia at -$168.29 Million. Switzerland topped the ranking with $53,970.94 Million in 2019, that is an increase of 13.5% compared to 2018. Ireland, Germany and Denmark respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +26.5% per year, while Israel was the worst growing country at -45.7% per year.
| Date | Million US Dollars |
|---|---|
| 2019 | -158.25 |
| 2018 | -166.03 |
| 2017 | -131.13 |
| 2016 | -88.91 |
| 2015 | -47.74 |
Download all data from 1981 to 2019
How does Iceland rank in Pharmaceutical Industry Trade Balance?
| # | 44 Countries | Million US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
53,970.94 | 2019 | +13.5 % | +5.5 % | View data | |
| 2 |
#2
Ireland
|
47,210.04 | 2019 | +14.3 % | +15.1 % | View data | |
| 15 |
#15
Israel
|
201.97 | 2019 | -93.7 % | -45.7 % | View data | |
| 16 |
#16
Iceland
|
-158.25 | 2019 | -4.7 % | +23.1 % | View data | |
| 17 |
#17
Latvia
|
-168.29 | 2019 | -7.2 % | -6.5 % | View data | |