Iceland recorded a current account deficit of ISK 1,184 million in the third quarter of 2020, compared to a ISK 69,809 million surplus in the corresponding period of the previous year. source: Central Bank of Iceland
Current Account in Iceland averaged -4694.54 ISK Million from 1978 until 2020, reaching an all time high of 104939 ISK Million in the third quarter of 2016 and a record low of -133503 ISK Million in the second quarter of 2008. This page provides - Iceland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Current Account in Iceland is expected to be 35.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Iceland to stand at 45.00 in 12 months time. In the long-term, the Iceland Current Account is projected to trend around 15.00 ISK Million in 2021 and 20.00 ISK Million in 2022, according to our econometric models.