Iceland vs India: Economic Outlook No 117 — Current account balance in USD

Iceland
-1.07 billion
in 2026
India
-2.85 billion
in 2026
Iceland rank
19th
India rank
22nd

Economic Outlook No 117 — Current account balance in USD over time

  • Iceland
  • India
-100.0B-75.0B-50.0B-25.0B025.0B197420002026

How they compare

Iceland currently reports -1.07 billion against -2.85 billion in India, a difference of 1.78 billion.

The two have swapped places 4 times across 48 shared years of data; in 1979 it was Iceland ahead.

Iceland ranks 19th and India ranks 22nd of 39 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland India Difference Ahead
1970s -20.00 million -1.64 billion 1.62 billion Iceland
1980s -124.90 million -4.33 billion 4.20 billion Iceland
1990s -198.64 million -4.55 billion 4.35 billion Iceland
2000s -1.79 billion -8.20 billion 6.41 billion Iceland
2010s 596.98 million -44.26 billion 44.86 billion Iceland
2020s -628.33 million -21.77 billion 21.14 billion Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — current account balance in usd, Iceland or India?
Iceland, at -1.07 billion against -2.85 billion in India as of 2026.
What is the difference in economic outlook no 117 — current account balance in usd between Iceland and India?
1.78 billion, with Iceland ahead.
How many years of comparable data are there for Iceland and India?
48 years are reported by both, from 1979 to 2026.
How do Iceland and India rank globally for economic outlook no 117 — current account balance in usd?
Iceland ranks 19th and India ranks 22nd of 39 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — 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 India: Economic Outlook No 117 — Current account balance in USD. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-current-account-balance-in-usd/iceland/india/

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About this data

Indicator
Economic Outlook No 117 — Current account balance in USD
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
56 places, 2,451 data points, 1960–2026
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 (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