Iceland Current Account Balance: % of GDP

Key information about Iceland Current Account Balance: % of GDP

• Iceland Current Account deficit accounted for 3.0 % of the country's Nominal GDP in Dec 2025, compared with a 2.6 % surplus in the previous quarter.
• Iceland Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1995 to Dec 2025, with an average value of -12.2 %.
• The data reached an all-time high of 16.3 % in Sep 2016 and a record low of -34.4 % in Jun 2008.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Iceland provides Current Account Balance in local currency. Statistics Iceland provides Nominal GDP in local currency.


Key information about Iceland Current Account Balance: % of GDP

• In the latest reports of Iceland, Current Account recorded a deficit of 644.2 USD mn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 448.5 USD mn in Dec 2025.
• Iceland Direct Investment Abroad expanded by 139.5 USD mn in Dec 2025.
• Its Foreign Portfolio Investment increased by 241.5 USD mn in Dec 2025.
• The country's Nominal GDP was reported at 10.1 USD bn in Sep 2025.

View Iceland's Current Account Balance: % of GDP from Mar 1995 to Dec 2025 in the chart:

What was Iceland's Current Account Balance: % of GDP in Dec 2025?

Iceland Current Account deficit accounted for 3.0 % of the country's Nominal GDP in Dec 2025, compared with a 2.6 % surplus in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-3.0 Dec 2025	2.6 Sep 2025	-34.4 Jun 2008	16.3 Sep 2016	%	quarterly	Mar 1995 - Dec 2025

Current Account Balance: % of GDP by Country Comparison

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