Iceland vs Indonesia: Current account balance
Current account balance over time
- Iceland
- Indonesia
How they compare
Iceland currently reports -1.34 billion BoP, current US$ against -1.52 billion BoP, current US$ in Indonesia, a difference of 179.30 million BoP, current US$.
The two have swapped places 4 times across 45 shared years of data; in 1981 it was Iceland ahead.
Iceland ranks 136th and Indonesia ranks 138th of 199 countries.
Across the 5 decades both report, Iceland averaged higher in 3 and Indonesia in 2.
Head to head by decade
| Decade | Iceland | Indonesia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -135.27 million BoP, current US$ | -2.72 billion BoP, current US$ | 2.59 billion BoP, current US$ | Iceland |
| 1990s | -197.51 million BoP, current US$ | -2.40 billion BoP, current US$ | 2.21 billion BoP, current US$ | Iceland |
| 2000s | -1.81 billion BoP, current US$ | 6.48 billion BoP, current US$ | 8.29 billion BoP, current US$ | Indonesia |
| 2010s | 735.72 million BoP, current US$ | -18.58 billion BoP, current US$ | 19.31 billion BoP, current US$ | Iceland |
| 2020s | -600.53 million BoP, current US$ | 24.28 million BoP, current US$ | 624.80 million BoP, current US$ | Indonesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Iceland or Indonesia?
- Iceland, at -1.34 billion BoP, current US$ against -1.52 billion BoP, current US$ in Indonesia as of 2025.
- What is the difference in current account balance between Iceland and Indonesia?
- 179.30 million BoP, current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Indonesia?
- 45 years are reported by both, from 1981 to 2025.
- How do Iceland and Indonesia rank globally for current account balance?
- Iceland ranks 136th and Indonesia ranks 138th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.