Iceland vs Portugal: Economic Outlook No 117 — Current account balance, residual item

Iceland
0
in 2026
Portugal
1.04 billion
in 2026
Iceland rank
9th
Portugal rank
6th

Economic Outlook No 117 — Current account balance, residual item over time

  • Iceland
  • Portugal
-10.0B010.0B20.0B197420002026

How they compare

Portugal currently reports 1.04 billion against 0 in Iceland, a difference of 1.04 billion.

The two have swapped places 9 times across 52 shared years of data; in 1975 it was Iceland ahead.

Iceland ranks 9th and Portugal ranks 6th of 34 countries.

Across the 6 decades both report, Iceland averaged higher in 4 and Portugal in 2.

Head to head by decade

Decade Iceland Portugal Difference Ahead
1970s 56.91 million 42.92 million 14.00 million Iceland
1980s 1.00 billion -208.43 million 1.21 billion Iceland
1990s 63.86 million -274.54 million 338.41 million Iceland
2000s 1.27 billion 255.14 million 1.02 billion Iceland
2010s -2.48 billion 959.20 million 3.44 billion Portugal
2020s -1.75 billion 890.61 million 2.64 billion Portugal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — current account balance, residual item, Iceland or Portugal?
Portugal, at 1.04 billion against 0 in Iceland as of 2026.
What is the difference in economic outlook no 117 — current account balance, residual item between Iceland and Portugal?
1.04 billion, with Portugal ahead.
How many years of comparable data are there for Iceland and Portugal?
52 years are reported by both, from 1975 to 2026.
How do Iceland and Portugal rank globally for economic outlook no 117 — current account balance, residual item?
Iceland ranks 9th and Portugal ranks 6th of 34 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Current account balance, residual item. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Portugal: Economic Outlook No 117 — Current account balance, residual item. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-current-account-balance-residual-item/iceland/portugal/

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About this data

Indicator
Economic Outlook No 117 — Current account balance, residual item
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 2,023 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