Iceland Current Account Value and percent from GDP
Iceland Current Account Data
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -2.7 % | 2021 |
| Current Account | 23121 ISK Billion | 164.11 B USD | 3Q/22 |
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 2.7 % in 2021. The maximum surplus was 8.1 % and deficit was -22.7 %
- Data published Yearly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| -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 |
| 4 | 2014 | 31.12.2014 |
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 23121 ISK Billion (164.11 B USD) in the third quarter of 2022. 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
| 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 |
| -31084 | 2Q/21 | 02.09.2021 |
| -27070 | 1Q/21 | 01.06.2021 |
| 22086 | 4Q/20 | 02.03.2021 |
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 | Dec/22 | -0.091 B USD | -0.298 |
| Capital Flows | 3Q/22 | 438.004 B USD | -679.708 |
| Exports | Dec/22 | 0.719 B USD | 0.557 |
| Foreign Exchange Reserves | Dec/22 | 5.942 B USD | 6.341 |
| Imports | Dec/22 | 0.809 B USD | 0.859 |
| Tourist Arrivals | Dec/22 | 0.115 Million Persons | 0.138 |
Current Account to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | -0.5 % | 1.9 |
| Ireland | 2021 | 13.9 % | -2.7 |
| Luxembourg | 2021 | 4.8 % | 4.1 |
| Spain | 2021 | 0.9 % | 0.8 |
| Iceland | 2021 | -2.7 % | 0.8 |
| Norway | 2021 | 15 % | 1.1 |
| Belarus | 2021 | -2.7 % | -0.4 |
| Belgium | 2021 | -0.4 % | 0.8 |
| Bulgaria | 2021 | -0.4 % | -0.1 |
| Croatia | 2021 | 3.1 % | -0.1 |
| Cyprus | 2021 | -7.2 % | -10.1 |
| Czech Republic | 2021 | -0.8 % | 2 |
| Denmark | 2021 | 8.8 % | 8 |
| Estonia | 2021 | -1.6 % | -0.3 |
| Euro Area | 2021 | 2.5 % | 1.9 |
| European Union | 2021 | 2.5 % | 2.3 |
| Finland | 2021 | 0.9 % | 0.6 |
| France | 2021 | 0.4 % | -1.8 |
| Germany | 2021 | 7.4 % | 7.1 |
| Greece | 2021 | -5.9 % | -6.6 |
| Hungary | 2021 | -2.9 % | -1 |
| Italy | 2021 | 2.5 % | 3.7 |
| Latvia | 2021 | -2.9 % | 2.9 |
| Lithuania | 2021 | 1.4 % | 7.3 |
| Macedonia | 2021 | -3.5 % | -3.4 |
| Malta | 2021 | -4.9 % | -2.9 |
| Moldova | 2021 | -11.6 % | -7.7 |
| Montenegro | 2021 | -9.3 % | -26.1 |
| Netherlands | 2021 | 9 % | 7.1 |
| Poland | 2021 | -0.7 % | 2.9 |
| Portugal | 2021 | -1.1 % | -1.1 |
| Romania | 2021 | -7 % | -5 |
| Russia | 2021 | 6.8 % | 2.4 |
| Serbia | 2021 | -4.4 % | -4.3 |
| Slovakia | 2021 | -2 % | 0.4 |
| Slovenia | 2021 | 3.3 % | 7.4 |
| Sweden | 2021 | 5.3 % | 5.9 |
| Switzerland | 2021 | 9.3 % | 2.8 |
| Turkey | 2021 | -1.7 % | -5 |
| Ukraine | 2021 | -1.3 % | 3.4 |
| United Kingdom | 2018 | -3.9 % | -4.1 |
| Albania | 2021 | -7.7 % | -8.7 |
| Bosnia and Herzegovina | 2021 | -2.1 % | -3.8 |
| Kosovo | 2021 | -8.6 % | -7 |
