Iceland recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT
Current Account to GDP in Iceland averaged -3.46 percent from 1980 until 2020, reaching an all time high of 8.10 percent in 2016 and a record low of -22.70 percent 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 June of 2021.
Current Account to GDP in Iceland is expected to reach 0.90 percent by the end of 2021, 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 1.80 percent in 2022 and 1.70 percent in 2023, according to our econometric models.