Total current account debit/expenditure, Debit/Expenditure in Iceland
Iceland: Total current account debit/expenditure, Debit/Expenditure was 16.68 billion in 2024. β² Rising
Total current account debit/expenditure, Debit/Expenditure in Iceland, 2005β2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account debit/expenditure, debit/expenditure in Iceland is 16.68 billion, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 76.2% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Iceland peaked at 16.68 billion in 2024 and was at its lowest, 8.13 billion, in 2020.
That places Iceland 107th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.71 billion | 8.50 billion | 15.00 billion | 5 |
| 2010s | 10.02 billion | 8.63 billion | 12.47 billion | 10 |
| 2020s | 13.48 billion | 8.13 billion | 16.68 billion | 5 |
Countries ranked near Iceland
More trade data for Iceland
- Goods, Debit/Expenditure 9.30 billion (2024)
- Primary income, Debit/Expenditure 1.43 billion (2024)
- Services, Debit/Expenditure 5.16 billion (2024)
- Secondary income, Debit/Expenditure 786.49 million (2024)
- Total capital account debit/expenditure, Debit/Expenditure 35.98 million (2024)
- Milking, dairy machinery (trade) β Import Value 5,815 1000 USD (2008)
- Milking, dairy machinery (trade) β Export Value 2 1000 USD (2000)
- Ploughs (e.g. reversible and non-reversible ploughs) β Import Value 23 1000 USD (2009)
- Pedestrian controlled tractors (single axle tractors) β Import Value 12 1000 USD (2008)
- Exports and imports by counterpart area - quarterly data 3,157 (2026)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Iceland?
- Total current account debit/expenditure, debit/expenditure in Iceland was 16.68 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Iceland?
- The highest recorded value was 16.68 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Iceland?
- The lowest recorded value was 8.13 billion in 2020.
- How does Iceland rank for total current account debit/expenditure, debit/expenditure?
- Iceland ranks 107th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Iceland?
- Over the last ten years it is up 76.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.