Iceland recorded a Current Account deficit of 2.70 percent of the country's Gross Domestic Product in 2021. source: EUROSTAT
Current Account to GDP in Iceland averaged -3.47 percent of GDP from 1980 until 2021, reaching an all time high of 8.10 percent of GDP in 2016 and a record low of -22.70 percent of GDP in 2006. This page provides - Iceland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Current Account to GDP - values, historical data and charts - was last updated on February of 2023.
Current Account to GDP in Iceland is expected to reach -1.80 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Current Account to GDP is projected to trend around -0.30 percent of GDP in 2023 and 0.70 percent of GDP in 2024, according to our econometric models.