Iceland recorded a Current Account surplus of 6954 ISK Million in the second quarter of 2020. It is the lowest surplus since the last quarter of 2018.
Current Account in Iceland averaged -5390.13 ISK Million from 1978 until 2020, reaching an all time high of 99975 ISK Million in the third quarter of 2016 and a record low of -137239 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 September of 2020.
Current Account in Iceland is expected to be 100.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Iceland to stand at 45.00 in 12 months time. In the long-term, the Iceland Current Account is projected to trend around 15.00 ISK Million in 2021 and 20.00 ISK Million in 2022, according to our econometric models.