Current account balance (World Bank) — all countries

Current account balance (World Bank) — Iceland

Current account balance (World Bank) in Iceland in 2025 — -3.48%. Ranked 68 in the world out of 97. Since 1976, the indicator has fallen by 2.1 pp.

2025 -3.48% −0.24 pp vs 2024
World rank 68of 97
Period maximum 9.1%2016
Period minimum -22.95%2008

Trend over time

1976–2025 · % of GDP

Current account balance (World Bank) — Iceland, 1976–2025-30-20-10010197619811986199119962001200620112016202120251976: -1.38%1977: -2.12%1978: 0.77%1979: -0.64%1980: -2.18%1981: -4.08%1982: -7.86%1983: -1.96%1984: -4.47%1985: -3.72%1986: 0.39%1987: -3.3%1988: -3.66%1989: -1.74%1990: -2%1991: -3.76%1992: -2.19%1993: 0.57%1994: 1.75%1995: 0.25%1996: -2.29%1997: -2.24%1998: -7.01%1999: -6.9%2000: -9.9%2001: -4.46%2002: 1.35%2003: -4.81%2004: -9.97%2005: -15.55%2006: -22.66%2007: -13.63%2008: -22.95%2009: -8.87%2010: -5.9%2011: -4.48%2012: -2.85%2013: 6.82%2014: 4.95%2015: 6.3%2016: 9.1%2017: 4.93%2018: 4.44%2019: 7.36%2020: 1.9%2021: -2.57%2022: -1.88%2023: -1.2%2024: -3.24%2025: -3.48%
Change over the period: −2.1 pp Annual average: -0.04 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland -3.48%
Europe & Central Asia computed 1.33%
Current account balance (World Bank) — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2025 -3.48 −0.24 pp
2024 -3.24 −2.04 pp
2023 -1.2 +0.67 pp
2022 -1.88 +0.7 pp
2021 -2.57 −4.47 pp
2020 1.9 −5.47 pp
2019 7.36 +2.92 pp
2018 4.44 −0.49 pp
2017 4.93 −4.17 pp
2016 9.1 +2.79 pp
2015 6.3 +1.36 pp
2014 4.95 −1.87 pp
2013 6.82 +9.67 pp
2012 -2.85 +1.63 pp
2011 -4.48 +1.42 pp
2010 -5.9 +2.97 pp
2009 -8.87 +14.09 pp
2008 -22.95 −9.32 pp
2007 -13.63 +9.03 pp
2006 -22.66 −7.11 pp
2005 -15.55 −5.58 pp
2004 -9.97 −5.15 pp
2003 -4.81 −6.17 pp
2002 1.35 +5.82 pp
2001 -4.46 +5.44 pp
2000 -9.9 −3 pp
1999 -6.9 +0.1 pp
1998 -7.01 −4.77 pp
1997 -2.24 +0.06 pp
1996 -2.29 −2.54 pp
1995 0.25 −1.5 pp
1994 1.75 +1.18 pp
1993 0.57 +2.76 pp
1992 -2.19 +1.58 pp
1991 -3.76 −1.77 pp
1990 -2 −0.26 pp
1989 -1.74 +1.92 pp
1988 -3.66 −0.36 pp
1987 -3.3 −3.69 pp
1986 0.39 +4.11 pp
1985 -3.72 +0.75 pp
1984 -4.47 −2.51 pp
1983 -1.96 +5.9 pp
1982 -7.86 −3.78 pp
1981 -4.08 −1.9 pp
1980 -2.18 −1.54 pp
1979 -0.64 −1.41 pp
1978 0.77 +2.89 pp
1977 -2.12 −0.73 pp
1976 -1.38

Northern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.