The current account surplus in Iceland narrowed to ISK 26.9 billion in the third quarter of 2025, from ISK 41 billion in the same period of the previous year. The goods account deficit widened sharply to ISK 101.6 billion from ISK 75.2 billion in the third quarter of 2024, while the secondary income shortfall increased to ISK 15.1 billion from ISK 10.3 billion. On the other hand, the services account surplus rose to ISK 137.4 billion from ISK 131.7 billion, and the primary income account posted a surplus of ISK 6.2 billion, compared with a deficit of ISK 5.2 billion in the same period last year. source: Central Bank of Iceland

Iceland recorded a Current Account surplus of 26939 ISK Million in the third quarter of 2025. Current Account in Iceland averaged -5615.05 ISK Million from 1978 until 2025, reaching an all time high of 111578.00 ISK Million in the third quarter of 2016 and a record low of -134465.00 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 February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-09-04 09:00 AM
Current Account
Q2 ISK-82.3B ISK-56.4B ISK-68.0B
2025-12-04 09:00 AM
Current Account
Q3 ISK26.9B ISK-110.4B ISK-46.0B
2026-03-05 09:00 AM
Current Account
Q4 ISK26.9B


Related Last Previous Unit Reference
Balance of Trade -312.20 -40356.00 ISK Million Jan 2026
Capital Flows 375430.00 -107520.00 ISK Million Sep 2025
Current Account 26939.00 -110393.00 ISK Million Sep 2025
Exports 72437.20 74632.10 ISK Million Jan 2026
External Debt 3559115.00 3556161.00 ISK Million Sep 2025
Foreign Direct Investment -113622.00 -6739.00 ISK Million Sep 2025
Imports 72749.40 114988.10 ISK Million Jan 2026
Remittances 3245.00 3043.00 ISK Million Sep 2025


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).
Actual Previous Highest Lowest Dates Unit Frequency
26939.00 -110393.00 111578.00 -134465.00 1978 - 2025 ISK Million Quarterly
Current Prices, NSA

News Stream
Iceland Current Account Surplus Narrows
The current account surplus in Iceland narrowed to ISK 26.9 billion in the third quarter of 2025, from ISK 41 billion in the same period of the previous year. The goods account deficit widened sharply to ISK 101.6 billion from ISK 75.2 billion in the third quarter of 2024, while the secondary income shortfall increased to ISK 15.1 billion from ISK 10.3 billion. On the other hand, the services account surplus rose to ISK 137.4 billion from ISK 131.7 billion, and the primary income account posted a surplus of ISK 6.2 billion, compared with a deficit of ISK 5.2 billion in the same period last year.
2025-12-04
Iceland Current Account Deficit Widens Sharply
The current account deficit in Iceland widened sharply to ISK 82.3 billion in the second quarter of 2025 from ISK 37.4 billion in the corresponding period of the previous year. The goods account deficit increased significantly to ISK 135.2 billion in Q2 of 2025 from ISK 88.6 billion in the same period earlier. At the same time, the services account surplus moderated to ISK 61.8 billion from ISK 65.7 billion. In contrast, primary income shifted to a surplus of ISK 3.9 billion from a deficit of ISK 1.2 billion, while the secondary income deficit decreased to ISK 12.8 billion from ISK 13.4 billion in Q2 2024.
2025-09-04
Iceland Current Account Deficit Widens in Q1
The current account deficit in Iceland widened sharply to ISK 59.5 billion in the first quarter of 2025 from ISK 37.6 billion in the corresponding period of the previous year. The goods account deficit increased significantly to ISK 85.3 billion in Q1 of 2025 from ISK 51.8 billion in the same period a year earlier. At the same time, the secondary income gap rose to ISK 12.3 billion from ISK 10.4 billion. Meanwhile, the services account surplus expanded slightly to ISK 19.7 billion from ISK 15.7 billion, and the primary income surplus increased to ISK 18.3 billion from ISK 8.9 billion in Q1 of 2024.
2025-06-05