02.12.2015

Balance of payments in the third quarter of 2015 and the external position

Balance of payments in the third quarter of 2015 and the external position

The Central Bank of Iceland has published on its website the preliminary statistics for the balance of payments in the third quarter of 2015, and for the external position at the end of the quarter.

The current account balance was positive by 48.7 b.kr. during the quarter, as opposed to a positive balance of 25.7 b.kr. in the preceding quarter. The balance on goods trade was negative by 12.3 b.kr., while the balance on services trade was positive by 90.4 b.kr. The balance on primary income was negative by 4.2 b.kr. and secondary income by 25.2 b.kr. The current account balance excluding the effects of deposit institutions in winding-up proceedings was positive by 53 b.kr., as opposed to a surplus of 30.7 b.kr. in the preceding quarter.

See the full press release here: BoP in the third quarter of 2015 and the external position

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