Iceland Current Account (% of GDP)

The balance of trade in goods and services plus income and transfers with the rest of the world.

−3.9%

−0.5pp vs 2024

2025 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Current Account (% of GDP)

1976 to 2025

Source: World Bank BN.CAB.XOKA.GD.ZS · current account balance, % of GDP, annual.

Iceland Current Account (% of GDP) in context

Worked out from the published series shown above.

In Iceland, the current account fell by 0.5pp in 2025, from −3.4% in 2024.

It is the lowest reading since 2011.

Over the past five years it has ranged from −3.9% in 2025 to 1.9% in 2020.

Its average since 1976 is −3.0%, and the latest reading is below that.

Iceland is 33rd of 34 countries in our Current Account to GDP by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
World Bank
Series
BN.CAB.XOKA.GD.ZS
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2025
Revision status
Latest published estimate, subject to revision

A negative number means the country is borrowing from abroad.

Data refreshed 2026-10-16. Figures are the latest published observations and can be revised.

More Iceland indicators

Latest readings. Open any one for its full history.

Rankings

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