Iceland vs Slovakia: Current account balance
Current account balance over time
- Iceland
- Slovakia
How they compare
Iceland currently reports -3.5% against -3.6% in Slovakia, a difference of 0.1%.
The two have swapped places 10 times across 33 shared years of data; in 1993 it was Iceland ahead.
Iceland ranks 126th and Slovakia ranks 129th of 200 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Slovakia in 1.
Head to head by decade
| Decade | Iceland | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -2.3% | -4.5% | 2.2% | Iceland |
| 2000s | -11.1% | -6.6% | 4.5% | Slovakia |
| 2010s | 3.1% | -1.4% | 4.5% | Iceland |
| 2020s | -1.7% | -4.3% | 2.6% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Iceland or Slovakia?
- Iceland, at -3.5% against -3.6% in Slovakia as of 2025.
- What is the difference in current account balance between Iceland and Slovakia?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Slovakia?
- 33 years are reported by both, from 1993 to 2025.
- How do Iceland and Slovakia rank globally for current account balance?
- Iceland ranks 126th and Slovakia ranks 129th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.