Iceland vs Maldives: Current account balance
Current account balance over time
- Iceland
- Maldives
How they compare
Maldives currently reports -1.32 billion BoP, current US$ against -1.34 billion BoP, current US$ in Iceland, a difference of 23.41 million BoP, current US$.
The two have swapped places 10 times across 47 shared years of data; in 1978 it was Iceland ahead.
Iceland ranks 136th and Maldives ranks 135th of 199 countries.
Across the 6 decades both report, Iceland averaged higher in 3 and Maldives in 3.
Head to head by decade
| Decade | Iceland | Maldives | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 600,000 BoP, current US$ | -1.60 million BoP, current US$ | 2.20 million BoP, current US$ | Iceland |
| 1980s | -129.37 million BoP, current US$ | -8.01 million BoP, current US$ | 121.36 million BoP, current US$ | Maldives |
| 1990s | -197.51 million BoP, current US$ | -24.48 million BoP, current US$ | 173.03 million BoP, current US$ | Maldives |
| 2000s | -1.81 billion BoP, current US$ | -197.59 million BoP, current US$ | 1.61 billion BoP, current US$ | Maldives |
| 2010s | 735.72 million BoP, current US$ | -634.85 million BoP, current US$ | 1.37 billion BoP, current US$ | Iceland |
| 2020s | -452.15 million BoP, current US$ | -1.11 billion BoP, current US$ | 656.10 million BoP, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Iceland or Maldives?
- Maldives, at -1.32 billion BoP, current US$ against -1.34 billion BoP, current US$ in Iceland as of 2024.
- What is the difference in current account balance between Iceland and Maldives?
- 23.41 million BoP, current US$, with Maldives ahead.
- How many years of comparable data are there for Iceland and Maldives?
- 47 years are reported by both, from 1978 to 2024.
- How do Iceland and Maldives rank globally for current account balance?
- Iceland ranks 136th and Maldives ranks 135th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.