Economic Statistics by Country Economic Statistics by Indicator Economic Statistics by Year Price Index Indicators
Iceland Current Account Balance (% GDP) Statistics

27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Iceland › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Iceland indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Icelandic Kr
Currency Symbol: ISK

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Iceland , Year 2010 - In Detail

Current Account Balance (% GDP) for Iceland in year 2010 is -7.989 %

This makes Iceland No. 129 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Iceland is 5.31 less than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Iceland was -10.38 % Current Account Balance (% GDP) for Iceland in 2010 was or will be 23.06% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Iceland was or will be 1.07 %, which is 113.42% less than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Iceland, in other Years
Year %
  2016 -0.566
  2015 -1.153
  2014 -0.528
  2013 -0.476
  2012 2.055
  2011 1.072
2010 -7.989
  2009 -10.384
  2008 -28.349
  2007 -15.736
  2006 -25.698
  2005 -16.137
  2004 -9.839
  2003 -4.772
  2002 1.558
  2001 -4.299
  2000 -10.132
  1999 -6.78
  1998 -6.745
  1997 -1.795
  1996 -1.779
  1995 0.746
  1994 1.934
  1993 0.702
  1992 -2.374
  1991 -3.976
  1990 -2.072
  1989 -1.351
  1988 -3.45
  1987 -3.379
  1986 0.541
  1985 -3.94
  1984 -4.59
  1983 -1.928
  1982 -8.114
  1981 -4.208
  1980 -2.084