Current Account Balance (Percentage of GDP) - Iceland
Value & RankThe Current Account Balance (Percentage of GDP) of Iceland is -5.45 (% of GDP) with a global rank of 104.
Iceland compared to other CountriesThe Current Account Balance (Percentage of GDP) of Iceland is similar to that of Barbados, South Africa, Costa Rica, Uruguay, El Salvador, Turkey, Mali, Togo, Vanuatu, Antigua and Barbuda with a respective Current Account Balance (Percentage of GDP) of -4.93, -5.24, -5.24, -5.25, -5.28, -6.15, -6.17, -6.29, -6.39, -6.58 (% of GDP) and a global rank of 99, 100, 101, 102, 103, 105, 106, 107, 108, 109.Last 5 years averageIceland had an average Current Account Balance (Percentage of GDP) of -12.3 (% of GDP) in the last 5 years from (2007 to 2012).
Iceland during the Great RecessionIceland's Current Account Balance (Percentage of GDP) had a positive growth of 51.6% during the Great RecessionIceland since the end of the Great RecessionIceland's Current Account Balance (Percentage of GDP) had a positive growth of 53.0% since the end of the Great Recession
Iceland compared to other CountriesThe Current Account Balance (Percentage of GDP) of Iceland is similar to that of Barbados, South Africa, Costa Rica, Uruguay, El Salvador, Turkey, Mali, Togo, Vanuatu, Antigua and Barbuda with a respective Current Account Balance (Percentage of GDP) of -4.93, -5.24, -5.24, -5.25, -5.28, -6.15, -6.17, -6.29, -6.39, -6.58 (% of GDP) and a global rank of 99, 100, 101, 102, 103, 105, 106, 107, 108, 109.Last 5 years averageIceland had an average Current Account Balance (Percentage of GDP) of -12.3 (% of GDP) in the last 5 years from (2007 to 2012).
Iceland during the Great RecessionIceland's Current Account Balance (Percentage of GDP) had a positive growth of 51.6% during the Great RecessionIceland since the end of the Great RecessionIceland's Current Account Balance (Percentage of GDP) had a positive growth of 53.0% since the end of the Great Recession
![]() ![]() | ![]() ![]() | ![]() ![]() |
---|---|---|
Barbados | 99 | -4.93 |
South Africa | 100 | -5.24 |
Costa Rica | 101 | -5.24 |
Uruguay | 102 | -5.25 |
El Salvador | 103 | -5.28 |
Iceland | 104 | -5.45 |
Turkey | 105 | -6.15 |
Mali | 106 | -6.17 |
Togo | 107 | -6.29 |
Vanuatu | 108 | -6.39 |
Antigua and Barbuda | 109 | -6.58 |
click on the following link or the worldmap below to view a complete list of countries by Current Account Balance (Percentage of GDP)

Datasource: Workbank - World Development Indicators