Brazil vs Iceland: Current account balance as a proportion of GDP
Brazil
-3.0%
in 2024
Iceland
-2.6%
in 2024
Brazil rank
130th
Iceland rank
127th
Current account balance as a proportion of GDP over time
- Brazil
- Iceland
How they compare
Iceland currently reports -2.6% against -3.0% in Brazil, a difference of 0.4%.
The two have swapped places 5 times across 25 shared years of data; in 2000 it was Brazil ahead.
Brazil ranks 130th and Iceland ranks 127th of 204 countries.
Across the 3 decades both report, Brazil averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Brazil | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -1.0% | -11.1% | 10.1% | Brazil |
| 2010s | -3.2% | 3.1% | 6.2% | Iceland |
| 2020s | -2.1% | -1.2% | 0.9% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a proportion of gdp, Brazil or Iceland?
- Iceland, at -2.6% against -3.0% in Brazil as of 2024.
- What is the difference in current account balance as a proportion of gdp between Brazil and Iceland?
- 0.4%, with Iceland ahead.
- How many years of comparable data are there for Brazil and Iceland?
- 25 years are reported by both, from 2000 to 2024.
- How do Brazil and Iceland rank globally for current account balance as a proportion of gdp?
- Brazil ranks 130th and Iceland ranks 127th of 204 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Current account balance as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.