Current account balance, quarterly in Iceland

The current account balance of Iceland was -9.3% of GDP in Q2 2026.

Measure: Current account balance, quarterly (Eurostat) Unit: % of GDP Data: Q1 1995 to Q2 2026 Source: Eurostat
Iceland, Q2 2026 -9.3% % of GDP
Change from Q1 2026 −7.1percentage points Q1 2026: -2.2%
Median of OECD (38 countries), Q2 2026 -0.1% Middle value of 25 countries
Position in Q2 2026 33rd of 35 See the full ranking

Current account balance, quarterly in Iceland over time

View
Places
1 selected
Iceland

% of GDP. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.

Current account balance, quarterly (Eurostat) (% of GDP), Q1 2017 to Q2 2026
Period Iceland
Q2 2026 -9.3%
Q1 2026 -2.2%
Q4 2025 -2.8%
Q3 2025 2.1%
Q2 2025 -9.4%
Q1 2025 -6.5%
Q4 2024 -7.5%
Q3 2024 2.7%
Q2 2024 -4.5%
Q1 2024 -4.7%
Q4 2023 -3.6%
Q3 2023 0.1%
Q2 2023 -0.2%
Q1 2023 -2.1%
Q4 2022 2.0%
Q3 2022 1.4%
Q2 2022 -5.9%
Q1 2022 -5.2%
Q4 2021 -4.6%
Q3 2021 2.2%
Q2 2021 -4.8%
Q1 2021 -3.4%
Q4 2020 4.1%
Q3 2020 1.8%
Q2 2020 -0.8%
Q1 2020 2.0%
Q4 2019 8.2%
Q3 2019 9.7%
Q2 2019 3.5%
Q1 2019 8.0%
Q4 2018 2.3%
Q3 2018 10.9%
Q2 2018 1.4%
Q1 2018 2.7%
Q4 2017 2.7%
Q3 2017 10.7%
Q2 2017 3.3%
Q1 2017 2.3%

A dash means no value was published for that period.

In short

  • That is a change of −7.1 percentage points from -2.2% in Q1 2026.
  • Since Q4 2023, when it was -3.6%, the figure has changed by −5.7 percentage points.
  • Among the 35 countries with data for Q2 2026, Iceland has the 33rd highest value.

Source and dates

Original producer
Eurostat
Source
Eurostat, the statistical office of the European Union
Dataset or series code
bop_gdp6_q · dataset details · view at source
Selection
freq=Q bop_item=CA stk_flow=BAL partner=WRL_REST unit=PC_GDP s_adj=NSA
Observation period
Q1 1995 to Q2 2026 for Iceland
Provider update
29 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
Eurostat reuse policy (attribution)
Attribution
Source: Eurostat