Current account deficit 95.2 b.kr. in Q4/2024 – net IIP positive by 42.5% of GDP

The current account deficit measured 95.2 b.kr. in Q4/2024. This represents a deterioration of 147.4 b.kr. relative to the previous quarter and 77.7 b.kr. relative to Q4/2023. There was a deficit on goods trade in the amount of 104.1 b.kr and a 34.5 b.kr. surplus on services trade. The deficit on primary income was 10.5 b.kr., and the deficit on secondary income was 15.1 b.kr.
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The Workplace
4.2%
Inflation
8%
Key int. rate

Exchange rate

Other currencies
  • USD
    135.67
  • GBP
    175.17
  • EUR
    147.30

News and announcements

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Minutes of the Monetary Policy Committee meeting of 3 and 4 February 2025

19 February 2025
In accordance with the Monetary Policy Committee Rules of Procedure, the minutes of the Committee's most...

Monetary Bulletin published

05 February 2025
The Monetary Bulletin, 2025/1, has been published. Monetary Bulletin is published four times a year. In early...

Webcast: Statement of the Monetary Policy Committee and publication of Monetary Bulletin 5 February 2025

05 February 2025
A statement of the Monetary Policy Committee was published on the Central Bank of Iceland website Wednesday 5...

Publications

Monetary Bulletin 2025/1

05 February 2025
Monetary Bulletin 2025/1 has been published on the Central Bank's website. Monetary Bulletin is published four...

Working paper no. 98: Productivity or privilege: Game-theoretic and experimental models of social class

30 December 2024
The Central Bank of Iceland has published the working paper “ Productivity or privilege: Game-theoretic and...

Economic Indicators 20 December 2024

20 December 2024
The Central Bank of Iceland’s Economic Indicators report for December 2024 has been released and can be found...