Iceland vs India: Economic Outlook No 117 — Current account balance
Economic Outlook No 117 — Current account balance over time
- Iceland
- India
How they compare
Iceland currently reports -140.04 billion against -243.49 billion in India, a difference of 103.46 billion.
The two have swapped places 4 times across 48 shared years of data; in 1979 it was Iceland ahead.
Iceland ranks 26th and India ranks 29th of 36 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 | -84.66 million | -13.12 billion | 13.03 billion | Iceland |
| 1980s | -3.61 billion | -53.86 billion | 50.25 billion | Iceland |
| 1990s | -13.48 billion | -143.28 billion | 129.80 billion | Iceland |
| 2000s | -133.28 billion | -368.28 billion | 235.01 billion | Iceland |
| 2010s | 70.15 billion | -2.56 trillion | 2.63 trillion | Iceland |
| 2020s | -83.33 billion | -1.76 trillion | 1.68 trillion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 117 — current account balance, Iceland or India?
- Iceland, at -140.04 billion against -243.49 billion in India as of 2026.
- What is the difference in economic outlook no 117 — current account balance between Iceland and India?
- 103.46 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?
- Iceland ranks 26th and India ranks 29th of 36 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Current account balance. 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