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

Iceland
0
in 2026
Türkiye
-28.79 billion
in 2026
Iceland rank
9th
Türkiye rank
8th

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

  • Iceland
  • Türkiye
-50.0B-25.0B025.0B50.0B75.0B197019982026

How they compare

Iceland currently reports 0 against -28.79 billion in Türkiye, a difference of 28.79 billion.

The two have swapped places 11 times across 53 shared years of data; in 1974 it was Türkiye ahead.

Iceland ranks 9th and Türkiye ranks 8th of 34 countries.

Across the 6 decades both report, Iceland averaged higher in 5 and Türkiye in 1.

Head to head by decade

Decade Iceland Türkiye Difference Ahead
1970s 47.26 million -11,165 47.28 million Iceland
1980s 1.00 billion -1.33 million 1.00 billion Iceland
1990s 63.86 million -251.67 million 315.53 million Iceland
2000s 1.27 billion -5.70 billion 6.97 billion Iceland
2010s -2.48 billion 7.09 billion 9.58 billion Türkiye
2020s -1.75 billion -6.92 billion 5.17 billion Iceland

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 Türkiye?
Iceland, at 0 against -28.79 billion in Türkiye as of 2026.
What is the difference in economic outlook no 117 — current account balance, residual item between Iceland and Türkiye?
28.79 billion, with Iceland ahead.
How many years of comparable data are there for Iceland and Türkiye?
53 years are reported by both, from 1974 to 2026.
How do Iceland and Türkiye rank globally for economic outlook no 117 — current account balance, residual item?
Iceland ranks 9th and Türkiye ranks 8th 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 Türkiye: Economic Outlook No 117 — Current account balance, residual item. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-current-account-balance-residual-item/iceland/turkiye-2/

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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