MIL-OSI Economics: Current account deficit 30.5 b.kr. in Q2/2024 – net IIP positive by 38.9% of GDP

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Source: Central Bank of Iceland

Iceland’s current account showed a deficit of 30.5 b.kr. in Q2/2024. This represents an improvement of 3.3 b.kr. relative to the previous quarter but a deterioration of 36.6 b.kr. relative to Q2/2023. The net international investment position was positive by 1,705 b.kr., or 38.9% of GDP, and deteriorated by 47 b.kr., or 1.1% of GDP, during the quarter.

MIL OSI Economics