Iceland Current Account Value and percent from GDP
Iceland Current Account Data
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 1 % | 2020 |
| Current Account | -27070 ISK Billion | -218.101 B USD | 1Q/21 |
Latest data on Current Account to GDP (%)
What is ratio of Iceland Current Account to GDP?
- The surplus of Current Account to GDP in Iceland decreased to 1 % in 2020. 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 | 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 |
| 4 | 2014 | 31.12.2014 |
| 6 | 2013 | 31.12.2013 |
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 surplus of Current Account in Iceland decreased to 27070 ISK Billion (218.101 B USD) in the first quarter of 2021. 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
| -27070 | 1Q/21 | 01.06.2021 |
| 22086 | 4Q/20 | 02.03.2021 |
| -1184 | 3Q/20 | 30.11.2020 |
| 6954 | 2Q/20 | 01.09.2020 |
| 11438 | 1Q/20 | 29.05.2020 |
| 51 | 4Q/19 | 02.03.2020 |
| 63.04 | 3Q/19 | 02.12.2019 |
| 11.15 | 2Q/19 | 29.10.2019 |
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 |
| Current Account to GDP | 2020 | 1 % | 6.4 |
| Balance of Trade | Jun/21 | -0.243 B USD | -0.126 |
| Capital Flows | 1Q/21 | 112.056 B USD | 609.773 |
| Foreign Exchange Reserves | Jun/21 | 6.893 B USD | 6.76 |
| Imports | Jun/21 | 0.716 B USD | 0.619 |
| Tourist Arrivals | Mar/21 | 0.005 Million Persons | 0.003 |
Current Account to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2020 | 2.5 % | 2.8 |
| Ireland | 2020 | 4.6 % | -11.3 |
| Luxembourg | 2019 | 4.5 % | 4.8 |
| Spain | 2020 | 0.7 % | 2.1 |
| Iceland | 2020 | 1 % | 6.4 |
| Norway | 2020 | 1.9 % | 2.8 |
| Belarus | 2020 | -0.4 % | -1.9 |
| Belgium | 2019 | -1.2 % | -1.4 |
| Bulgaria | 2019 | 4 % | 4.6 |
| Croatia | 2019 | 2.5 % | 1.9 |
| Cyprus | 2019 | -6.7 % | -4.4 |
| Czech Republic | 2019 | -0.4 % | 0.4 |
| Denmark | 2020 | 7.8 % | 8.9 |
| Estonia | 2019 | 2.2 % | 1.7 |
| Euro Area | 2020 | 3 % | 3.1 |
| European Union | 2020 | 3 % | 3 |
| Finland | 2020 | 0.3 % | -0.3 |
| France | 2020 | -1.9 % | -0.7 |
| Germany | 2020 | 7 % | 7.5 |
| Greece | 2020 | -6.7 % | -1.5 |
| Hungary | 2019 | -0.8 % | 0.4 |
| Italy | 2020 | 3.6 % | 3.2 |
| Latvia | 2020 | 3 % | -0.6 |
| Lithuania | 2020 | 8.3 % | 3.3 |
| Macedonia | 2019 | -3.3 % | -0.1 |
| Malta | 2020 | -4 % | 5.8 |
| Moldova | 2019 | -9.7 % | -10.6 |
| Montenegro | 2019 | -15 % | -17 |
| Netherlands | 2020 | 7.8 % | 9.9 |
| Poland | 2020 | 3.6 % | 0.5 |
| Portugal | 2020 | -1.2 % | 0.4 |
| Romania | 2019 | -4.6 % | -4.5 |
| Russia | 2019 | 3.9 % | 6.8 |
| Serbia | 2019 | -6.9 % | -4.8 |
| Slovakia | 2019 | -2.9 % | -2.6 |
| Slovenia | 2019 | 6.6 % | 7 |
| Sweden | 2020 | 5.2 % | 5.1 |
| Switzerland | 2020 | 3.8 % | 6.7 |
| Turkey | 2020 | -5.1 % | 0.9 |
| Ukraine | 2020 | -4 % | -2.7 |
| United Kingdom | 2018 | -3.9 % | -4.1 |
| Albania | 2019 | -7.6 % | -6.7 |
| Bosnia and Herzegovina | 2020 | -3.1 % | -3.1 |
| Kosovo | 2019 | -5.8 % | -7.6 |
