Iceland vs Italy: Economic Outlook No 117 — Balance of primary income in USD
Economic Outlook No 117 — Balance of primary income in USD over time
- Iceland
- Italy
How they compare
Italy currently reports 1.69 billion against -25.19 million in Iceland, a difference of 1.71 billion.
That makes Italy's figure about 67.1 times Iceland's.
The two have swapped places 9 times across 53 shared years of data; in 1974 it was Iceland ahead.
Iceland ranks 12th and Italy ranks 10th of 39 countries.
Across the 6 decades both report, Iceland averaged higher in 3 and Italy in 3.
Head to head by decade
| Decade | Iceland | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -56.36 million | 284.51 million | 340.88 million | Italy |
| 1980s | -172.21 million | -2.91 billion | 2.73 billion | Iceland |
| 1990s | -212.78 million | -12.28 billion | 12.06 billion | Iceland |
| 2000s | -972.04 million | -2.82 billion | 1.85 billion | Iceland |
| 2010s | -388.46 million | 1.96 billion | 2.35 billion | Italy |
| 2020s | 110.54 million | 5.50 billion | 5.39 billion | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 117 — balance of primary income in usd, Iceland or Italy?
- Italy, at 1.69 billion against -25.19 million in Iceland as of 2026.
- What is the difference in economic outlook no 117 — balance of primary income in usd between Iceland and Italy?
- 1.71 billion, with Italy ahead.
- How many years of comparable data are there for Iceland and Italy?
- 53 years are reported by both, from 1974 to 2026.
- How do Iceland and Italy rank globally for economic outlook no 117 — balance of primary income in usd?
- Iceland ranks 12th and Italy ranks 10th of 39 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Balance of primary income in USD (balance of payments basis). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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