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Iceland · Current account (% GDP)

Iceland Current account (% GDP)

The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31

Latest · 2025-3.48%
Previous · 2024-3.24%
Highest · 20169.1%
Lowest · 2008-22.95%

Iceland's current account (% gdp) stands at -3.48% as of 2025-12-31, down from -3.24% in 2024. Historical data runs from 1976 to 2025 (50 observations).

Recent trend

In 2025, Iceland's current account (% gdp) was -3.48%, down from -3.24% in 2024.

In 2024, Iceland's current account (% gdp) was -3.24%, down from -1.2% in 2023.

In 2023, Iceland's current account (% gdp) was -1.2%, up from -1.88% in 2022.

In 2022, Iceland's current account (% gdp) was -1.88%, up from -2.57% in 2021.

In 2021, Iceland's current account (% gdp) was -2.57%, down from 1.9% in 2020.

Iceland Current account (% GDP) — historical data

YearValueChange
2025-3.48%-0.2394%
2024-3.24%-2.04%
2023-1.2%+0.6707%
2022-1.88%+0.6972%
2021-2.57%-4.47%
20201.9%-5.47%
20197.36%+2.92%
20184.44%-0.4886%
20174.93%-4.17%
20169.1%+2.79%
20156.3%+1.36%
20144.95%-1.87%
20136.82%+9.67%
2012-2.85%+1.63%
2011-4.48%+1.42%
2010-5.9%+2.97%
2009-8.87%+14.09%
2008-22.95%-9.32%
2007-13.63%+9.03%
2006-22.66%-7.11%
2005-15.55%-5.58%
2004-9.97%-5.15%
2003-4.81%-6.17%
20021.35%+5.82%
2001-4.46%+5.44%
2000-9.9%-3%
1999-6.9%+0.1044%
1998-7.01%-4.77%
1997-2.24%+0.057%
1996-2.29%-2.54%
19950.2462%-1.5%
19941.75%+1.18%
19930.5727%+2.76%
1992-2.19%+1.58%
1991-3.76%-1.77%
1990-2%-0.2579%
1989-1.74%+1.92%
1988-3.66%-0.3623%
1987-3.3%-3.69%
19860.3899%+4.11%
1985-3.72%+0.7524%
1984-4.47%-2.51%
1983-1.96%+5.9%
1982-7.86%-3.78%
1981-4.08%-1.9%
1980-2.18%-1.54%
1979-0.6366%-1.41%
19780.7693%+2.89%
1977-2.12%-0.7343%
1976-1.38%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Iceland data

Frequently asked questions

What is Iceland's current account (% gdp)?

Iceland's current account (% gdp) is -3.48% as of 2025-12-31, compared with -3.24% in 2024. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest current account (% gdp) in Iceland?

The highest recorded value is 9.1% (2016); the lowest is -22.95% (2008), across data from 1976 to 2025.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.