Iceland - Current account balance (% of GDP)
Current account balance (% of GDP) in Iceland was 0.92 as of 2020. Its highest value over the past 44 years was 8.27 in 2016, while its lowest value was -22.94 in 2008.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1976 | -1.43 |
| 1977 | -2.19 |
| 1978 | 0.80 |
| 1979 | -0.66 |
| 1980 | -2.26 |
| 1981 | -4.22 |
| 1982 | -8.13 |
| 1983 | -2.03 |
| 1984 | -4.63 |
| 1985 | -3.85 |
| 1986 | 0.40 |
| 1987 | -3.41 |
| 1988 | -3.79 |
| 1989 | -1.80 |
| 1990 | -2.06 |
| 1991 | -3.90 |
| 1992 | -2.26 |
| 1993 | 0.59 |
| 1994 | 1.81 |
| 1995 | 0.18 |
| 1996 | -2.45 |
| 1997 | -2.35 |
| 1998 | -7.18 |
| 1999 | -7.10 |
| 2000 | -10.12 |
| 2001 | -4.60 |
| 2002 | 1.29 |
| 2003 | -4.95 |
| 2004 | -10.14 |
| 2005 | -15.72 |
| 2006 | -22.73 |
| 2007 | -13.47 |
| 2008 | -22.94 |
| 2009 | -9.01 |
| 2010 | -6.14 |
| 2011 | -4.70 |
| 2012 | -3.52 |
| 2013 | 6.26 |
| 2014 | 4.35 |
| 2015 | 5.63 |
| 2016 | 8.27 |
| 2017 | 4.26 |
| 2018 | 3.53 |
| 2019 | 5.81 |
| 2020 | 0.92 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
