Iceland Current Account Balance (US Dollars) Statistics

21, Oct 2018, EDT.

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Country or Region: Iceland › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Iceland indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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. Source: Central Bank Latest actual data: 2015 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Icelandic kr

Current Account Balance (US Dollars) Statistics for Iceland , Year 2015 - In Detail

Current Account Balance (US Dollars) for Iceland in year 2015 is US$ 0.71 Billion. 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.

This makes Iceland No. 41 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Iceland is US$ 6.33 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Iceland was US$ 0.63 Billion Current Account Balance (US Dollars) for Iceland in 2015 was or will be 13.24% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Iceland was or will be US$0.77 Billion, which is 8.03% more than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Iceland, in other Years
Year US$ Billion
  2021 0.228
  2020 0.208
  2019 0.374
  2018 0.469
  2017 0.493
  2016 0.767
2015 0.71
  2014 0.627
  2013 0.887
  2012 -0.595
  2011 -0.773
  2010 -0.875
  2009 -1.241
  2008 -3.991
  2007 -2.977
  2006 -3.97
  2005 -2.652
  2004 -1.349
  2003 -0.559
  2002 0.105
  2001 -0.352
  2000 -0.921
  1999 -0.64
  1998 -0.613
  1997 -0.178
  1996 -0.182
  1995 0.013
  1994 0.122
  1993 0.043
  1992 -0.166
  1991 -0.272
  1990 -0.132
  1989 -0.076
  1988 -0.208
  1987 -0.184
  1986 0.021
  1985 -0.116
  1984 -0.13
  1983 -0.053
  1982 -0.256
  1981 -0.145
  1980 -0.069