Which has higher current account balance as a share of gdp, Iceland or Tanzania, United Republic of?

Iceland, at -2.6% against -3.0% in Tanzania, United Republic of as of 2024.

How many years of comparable data are there for Iceland and Tanzania, United Republic of?

25 years are reported by both, from 2000 to 2024.

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.

Iceland vs Tanzania, United Republic of: Current account balance as a share of GDP

Iceland

-2.6%

in 2024

Tanzania, United Republic of

-3.0%

in 2024

Iceland rank

121st

Tanzania, United Republic of rank

123rd

Current account balance as a share of GDP over time

Iceland
Tanzania, United Republic of

How they compare

Iceland currently reports -2.6% against -3.0% in Tanzania, United Republic of, a difference of 0.4%.

The two have swapped places 3 times across 25 shared years of data; in 2000 it was Tanzania, United Republic of ahead.

Iceland ranks 121st and Tanzania, United Republic of ranks 123rd of 193 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and Tanzania, United Republic of in 1.

Head to head by decade

Decade	Iceland	Tanzania, United Republic of	Difference	Ahead
2000s	-11.1%	-4.7%	6.5%	Tanzania, United Republic of
2010s	3.1%	-6.7%	9.8%	Iceland
2020s	-1.2%	-3.9%	2.7%	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 Tanzania, United Republic of?: Iceland, at -2.6% against -3.0% in Tanzania, United Republic of as of 2024.
What is the difference in current account balance as a share of gdp between Iceland and Tanzania, United Republic of?: 0.4%, with Iceland ahead.
How many years of comparable data are there for Iceland and Tanzania, United Republic of?: 25 years are reported by both, from 2000 to 2024.
How do Iceland and Tanzania, United Republic of rank globally for current account balance as a share of gdp?: Iceland ranks 121st and Tanzania, United Republic of ranks 123rd 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 Tanzania, United Republic of: Current account balance as a share of GDP. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp/iceland/tanzania/

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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: 28 August 2026

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