Iceland Current Account Value and percent from GDP
Iceland Current Account Data
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -1.5 % | 2022 |
| Current Account | 7534 ISK Billion | 54.635 B USD | 2Q/23 |
Latest data on Current Account to GDP (%)
What is ratio of Iceland Current Account to GDP?
- The deficit of Current Account to GDP in Iceland increased to 1.5 % in 2022. The maximum surplus was 8.1 % and deficit was -22.7 %
- Data published Yearly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| -1.5 | 2022 | 26.04.2023 |
| -2.7 | 2021 | 19.07.2022 |
| 1 | 2020 | 12.04.2021 |
| 5.8 | 2019 | 29.04.2020 |
| 2.8 | 2018 | 06.05.2019 |
| 3.3 | 2017 | 07.11.2018 |
| 8 | 2016 | 11.08.2017 |
| 5.5 | 2015 | 31.12.2015 |
Historical Chart by presidents (%)
Current Account to GDP in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | 8.0000 | 3.7000 | 8.0000 | 3.7000 | -53.75% |
Latest data on Current Account (ISK Billion)
What is Iceland Current Account Deficit?
- The deficit of Current Account in Iceland increased to 7534 ISK Billion (54.635 B USD) in the second quarter of 2023. The maximum value was 104939 ISK Billion and minimum was -133503 ISK Billion.
- Data published Quarterly by Central Bank.
Historical Data (ISK Billion) by years
Data
Period
Date
| 7534 | 2Q/23 | 07.09.2023 |
| -10104 | 1Q/23 | 01.06.2023 |
| -20160 | 4Q/22 | 02.03.2023 |
| 23121 | 3Q/22 | 01.12.2022 |
| -39106 | 2Q/22 | 03.09.2022 |
| -50273 | 1Q/22 | 01.06.2022 |
| -44178 | 4Q/21 | 02.03.2022 |
| 13058 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (ISK Billion)
Current Account in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other trade indicators in Iceland
| Index | Updated | Actual | Previous |
| Balance of Trade | Sep/23 | -0.172 B USD | -0.287 |
| Capital Flows | 2Q/23 | -87.21 B USD | -269.948 |
| Exports | Sep/23 | 0.608 B USD | 0.493 |
| Foreign Exchange Reserves | Aug/23 | 5.397 B USD | 5.439 |
| Imports | Sep/23 | 0.78 B USD | 0.78 |
| Tourist Arrivals | Aug/23 | 0.282 Million Persons | 0.275 |
Current Account to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2022 | 0.7 % | 0.4 |
| Ireland | 2022 | 8.8 % | 14.2 |
| Luxembourg | 2022 | 5 % | 4.6 |
| Spain | 2022 | 0.6 % | 1 |
| Iceland | 2022 | -1.5 % | -2.4 |
| Norway | 2022 | 30.3 % | 13.6 |
| Belarus | 2022 | 4.2 % | 2.7 |
| Belgium | 2022 | -3.5 % | 0.4 |
| Bulgaria | 2022 | -0.7 % | -1.9 |
| Croatia | 2022 | -3.3 % | 3.1 |
| Cyprus | 2022 | -9.1 % | -6.8 |
| Czech Republic | 2022 | -6.1 % | -2.8 |
| Denmark | 2022 | 13.2 % | 9 |
| Estonia | 2022 | -2.2 % | -1.8 |
| Euro Area | 2022 | -1 % | 2.3 |
| European Union | 2022 | -0.6 % | 2.6 |
| Finland | 2022 | -3.9 % | 0.5 |
| France | 2022 | -2.1 % | 0.4 |
| Germany | 2022 | 4.2 % | 7.7 |
| Greece | 2022 | -9.7 % | -6.8 |
| Hungary | 2022 | -8.2 % | -3.9 |
| Italy | 2022 | -1.3 % | 3.1 |
| Latvia | 2022 | -6.4 % | -4.2 |
| Lithuania | 2022 | -5.1 % | 1.1 |
| Macedonia | 2022 | -6.7 % | -3.6 |
| Malta | 2022 | -5.8 % | 1.2 |
| Moldova | 2022 | -13.1 % | -11.6 |
| Montenegro | 2022 | -13.3 % | -9.2 |
| Netherlands | 2022 | 4.4 % | 7.3 |
| Poland | 2022 | -3 % | -1.4 |
| Portugal | 2022 | -1.3 % | -0.8 |
| Romania | 2022 | -9.3 % | -7.2 |
| Russia | 2022 | 10.3 % | 6.8 |
| Serbia | 2022 | -6.9 % | -4.3 |
| Slovakia | 2022 | -8.3 % | -2.5 |
| Slovenia | 2022 | -0.4 % | 3.8 |
| Sweden | 2022 | 4.3 % | 6.5 |
| Switzerland | 2022 | 9.8 % | 7.9 |
| Turkey | 2022 | -5.4 % | -0.9 |
| Ukraine | 2022 | 5 % | -1.9 |
| United Kingdom | 2018 | -3.9 % | -4.1 |
| Albania | 2022 | -6 % | -7.6 |
| Bosnia and Herzegovina | 2022 | -4.5 % | -2.4 |
| Kosovo | 2022 | -10.8 % | -8.7 |
