Iceland recorded a Current Account surplus of 13058 ISK Million in the third quarter of 2021. source: Central Bank of Iceland

Current Account in Iceland averaged -4855.80 ISK Million from 1978 until 2021, reaching an all time high of 105078 ISK Million in the third quarter of 2016 and a record low of -133504 ISK Million in the second quarter of 2008. This page provides - Iceland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Current Account in Iceland is expected to be 15.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Current Account is projected to trend around 20.00 ISK Million in 2022, according to our econometric models.

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Iceland Current Account

Calendar GMT Actual Previous Consensus TEForecast
2021-09-02 09:00 AM Q2 ISK-31.08B ISK-22.75B
2021-12-01 09:00 AM Q3 ISK 13.06B ISK-31.08B
2022-03-02 09:00 AM Q4 ISK 13.03B

Related Last Previous Unit Reference
Current Account 13058.00 -36892.00 ISK Million Sep/21
External Debt 2685167.00 2496679.00 ISK Million Sep/21
Capital Flows 88222.00 14590.00 ISK Million Sep/21
Remittances 1654.00 1744.00 ISK Million Sep/21
Foreign Direct Investment 17567.00 -6040.00 ISK Million Sep/21
Iceland Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).