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Iceland: Current account (% of GDP)

Percent of GDP · 1974–2025 · 52 observations · forecasts to 2031 · CA_GDP

2025
−3.48%percent of GDP
Change on 2024
−2.3 pointsfrom −1.18%
Average, 2016–2025
1.53%10 years
Record high and low
7.66% (2016)low −22.6% (2006)

Current account (% of GDP)

Report error
-25%-20%-15%-10%-5%0%5%10%198019902000201020202030IcelandIceland
ForecastPercent of GDP

Compare with other countries →Definition of Current account (% of GDP)

Recent values

Percent of GDP

YearValue
20310.494Forecast
20300.39Forecast
20290.232Forecast
20280.0545Forecast
2027-0.0864Forecast
2026-0.943Forecast
2025-3.48
2024-1.18
20230.934
2022-2.24
2021-2.86
20201.58
20196.50
20184.13
20174.27
20167.66

Sources

  • OECD Economic Outlook1974–2025
  • WDI (archive)1976–1996
  • World Development Indicators1976–2025
  • IMF World Economic Outlook1980–2024
  • IMF International Financial Statistics1995–2025
  • OECD Key Economic Indicators1995–2025
  • IMF WEO (forecast)2024–2031
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Current account (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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