Iceland vs South Africa: Economic Outlook 119 — Current account balance in USD

Iceland
-309.66 million
in 2027
South Africa
-3.92 billion
in 2027
Iceland rank
20th
South Africa rank
23rd

Economic Outlook 119 — Current account balance in USD over time

  • Iceland
  • South Africa
-20.0B-10.0B010.0B20.0B196019932027

How they compare

Iceland currently reports -309.66 million against -3.92 billion in South Africa, a difference of 3.61 billion.

The two have swapped places 8 times across 54 shared years of data; in 1974 it was Iceland ahead.

Iceland ranks 20th and South Africa ranks 23rd of 41 countries.

Across the 6 decades both report, Iceland averaged higher in 3 and South Africa in 3.

Head to head by decade

Decade Iceland South Africa Difference Ahead
1970s -60.66 million -245.38 million 184.73 million Iceland
1980s -124.90 million 634.63 million 759.53 million South Africa
1990s -196.61 million -158.82 million 37.79 million South Africa
2000s -1.80 billion -6.75 billion 4.95 billion Iceland
2010s 706.85 million -12.93 billion 13.64 billion Iceland
2020s -576.14 million 769.62 million 1.35 billion South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook 119 — current account balance in usd, Iceland or South Africa?
Iceland, at -309.66 million against -3.92 billion in South Africa as of 2027.
What is the difference in economic outlook 119 — current account balance in usd between Iceland and South Africa?
3.61 billion, with Iceland ahead.
How many years of comparable data are there for Iceland and South Africa?
54 years are reported by both, from 1974 to 2027.
How do Iceland and South Africa rank globally for economic outlook 119 — current account balance in usd?
Iceland ranks 20th and South Africa ranks 23rd of 41 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook 119 — Current account balance in USD. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs South Africa: Economic Outlook 119 — Current account balance in USD. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/economic-outlook-119-current-account-balance-in-usd/iceland/south-africa/

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About this data

Indicator
Economic Outlook 119 — Current account balance in USD
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
58 places, 2,612 data points, 1960–2027
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP