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Iceland Current Account Value and percent from GDP

Iceland Current Account Data

Indicator Data Period
Current Account to GDP 1 % 2020
Current Account -44178 ISK Billion | -339.889 B USD 4Q/21


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Iceland - Historical Data (%)

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)

Current Account
                     Iceland - Historical Data (ISK Billion)

What is Iceland Current Account Deficit?

  • The surplus of Current Account in Iceland decreased to 44178 ISK Billion (339.889 B USD) in the forth 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
-44178 4Q/21 02.03.2022
13058 3Q/21 18.01.2022
-31084 2Q/21 02.09.2021
-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


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 Apr/22 -0.106 B USD -0.1
Capital Flows 4Q/21 -398.353 B USD 678.746
Exports Apr/22 0.591 B USD 0.757
Foreign Exchange Reserves Apr/22 6.773 B USD 6.767
Imports Apr/22 0.697 B USD 0.858
Tourist Arrivals Jan/22 0.068 Million Persons 0.064

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2020 2.5 % 2.8
Ireland 2020 4.6 % -11.3
Luxembourg 2020 4.3 % 4.6
Spain 2020 0.7 % 2.1
Iceland 2020 1 % 6.4
Norway 2020 2 % 2.8
Belarus 2020 -0.4 % -1.9
Belgium 2020 -0.2 % 0.3
Bulgaria 2020 -0.7 % 1.8
Croatia 2020 -0.3 % 3
Cyprus 2020 -11.9 % -6.3
Czech Republic 2020 3.6 % 0.3
Denmark 2020 7.8 % 8.9
Estonia 2020 -0.6 % 2
Euro Area 2020 3 % 3.1
European Union 2020 3 % 3
Finland 2020 0.3 % -0.3
France 2021 -1 % -1.9
Germany 2020 7 % 7.5
Greece 2020 -6.7 % -1.5
Hungary 2020 0 % -0.4
Italy 2020 3.6 % 3.2
Latvia 2020 3 % -0.6
Lithuania 2020 8.3 % 3.3
Macedonia 2020 -3.5 % -3.3
Malta 2020 -4 % 5.8
Moldova 2021 -11.6 % -7.7
Montenegro 2020 -25.9 % -15
Netherlands 2020 7.8 % 9.9
Poland 2020 3.6 % 0.5
Portugal 2020 -1.2 % 0.4
Romania 2020 -5.1 % -4.7
Russia 2021 6.8 % 2.4
Serbia 2020 -4.3 % -6.9
Slovakia 2020 -0.4 % -2.7
Slovenia 2020 7.1 % 5.6
Sweden 2020 5.2 % 5.1
Switzerland 2020 3.8 % 6.7
Turkey 2021 -1.7 % -5
Ukraine 2020 4.3 % -2.7
United Kingdom 2018 -3.9 % -4.1
Albania 2020 -8.9 % -8.5
Bosnia and Herzegovina 2020 -3.1 % -3.1
Kosovo 2020 -7.2 % -5.8