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

Iceland
-2.6%
in 2024
Kazakhstan
-2.7%
in 2024
Iceland rank
121st
Kazakhstan rank
122nd

Current account balance as a share of GDP over time

  • Iceland
  • Kazakhstan
-20-10010200020122024

How they compare

Iceland currently reports -2.6% against -2.7% in Kazakhstan, a difference of 0.1%.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Kazakhstan ahead.

Iceland ranks 121st and Kazakhstan ranks 122nd of 193 countries.

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

Head to head by decade

Decade Iceland Kazakhstan Difference Ahead
2000s -11.1% -1.3% 9.9% Kazakhstan
2010s 3.1% -0.6% 3.7% Iceland
2020s -1.2% -2.2% 1.0% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a share of gdp, Iceland or Kazakhstan?
Iceland, at -2.6% against -2.7% in Kazakhstan as of 2024.
What is the difference in current account balance as a share of gdp between Iceland and Kazakhstan?
0.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Kazakhstan?
25 years are reported by both, from 2000 to 2024.
How do Iceland and Kazakhstan rank globally for current account balance as a share of gdp?
Iceland ranks 121st and Kazakhstan ranks 122nd 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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Iceland vs Kazakhstan: Current account balance as a share of GDP. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp/iceland/kazakhstan/

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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 (%).