Ethiopia vs Iceland: Current account balance as a share of GDP

Ethiopia
-2.5%
in 2024
Iceland
-2.6%
in 2024
Ethiopia rank
118th
Iceland rank
121st

Current account balance as a share of GDP over time

  • Ethiopia
  • Iceland
-20-10010200020122024

How they compare

Ethiopia currently reports -2.5% against -2.6% in Iceland, a difference of 0.1%.

The two have swapped places 4 times across 25 shared years of data; in 2000 it was Ethiopia ahead.

Ethiopia ranks 118th and Iceland ranks 121st of 193 countries.

Across the 3 decades both report, Ethiopia averaged higher in 1 and Iceland in 2.

Head to head by decade

Decade Ethiopia Iceland Difference Ahead
2000s -5.6% -11.1% 5.5% Ethiopia
2010s -7.2% 3.1% 10.2% Iceland
2020s -3.4% -1.2% 2.2% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a share of gdp, Ethiopia or Iceland?
Ethiopia, at -2.5% against -2.6% in Iceland as of 2024.
What is the difference in current account balance as a share of gdp between Ethiopia and Iceland?
0.1%, with Ethiopia ahead.
How many years of comparable data are there for Ethiopia and Iceland?
25 years are reported by both, from 2000 to 2024.
How do Ethiopia and Iceland rank globally for current account balance as a share of gdp?
Ethiopia ranks 118th and Iceland ranks 121st of 193 countries.
Where does this data come from?
International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Iceland: Current account balance as a share of GDP. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp/ethiopia/iceland/

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About this data

Indicator
Current account balance as a share of GDP
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,374 data points, 2000–2024
Last refreshed

Current account balance as a proportion of GDP (%).