Iceland recorded a Current Account surplus of 5.80 percent of the country's Gross Domestic Product in 2019.
Current Account to GDP in Iceland averaged -3.76 percent from 1980 until 2019, reaching an all time high of 7.60 percent in 2016 and a record low of -23 percent in 2006. This page provides - Iceland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Current Account to GDP - values, historical data and charts - was last updated on May of 2020.
Current Account to GDP in Iceland is expected to reach 2.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Current Account to GDP is projected to trend around 2.70 percent in 2021 and 2.80 percent in 2022, according to our econometric models.