Iceland Current Account to GDP  1980-2017 | Data | Chart | Calendar

Iceland recorded a Current Account surplus of 4.20 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Iceland averaged -4.84 percent from 1980 until 2015, reaching an all time high of 5.70 percent in 2013 and a record low of -23.20 percent in 2006.

Iceland Current Account to GDP
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Iceland Trade Last Previous Highest Lowest Unit
Balance of Trade -16200.00 -12734.00 24063.60 -25843.30 ISK Million [+]
Exports 39500.00 31557.10 63354.30 0.78 ISK Million [+]
Imports 55700.00 44291.10 66338.70 1.21 ISK Million [+]
Current Account 44.72 100.67 100.67 -137.24 ISK Billion [+]
Current Account to GDP 4.20 3.30 5.70 -23.20 percent [+]
External Debt 2823222.00 3052311.00 15748529.00 280593.00 ISK Million [+]
Capital Flows 112.57 53.09 414.27 -418.16 ISK Billion [+]
Gold Reserves 1.98 1.98 2.00 1.84 Tonnes [+]
Foreign Direct Investment -78286.00 14919.00 199978.00 -90129.00 ISK Million [+]
Remittances 825.00 521.00 2448.00 18.00 ISK Million [+]
Terrorism Index 0.25 1.22 1.22 0.00 [+]
Tourist Arrivals 124780.00 131723.00 241559.00 10592.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Iceland Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Iceland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 3.30 5.70 -23.20 1980 - 2015 percent Yearly
NSA



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