Balance of payments in the second quarter of 2012 and the external position
The Central Bank of Iceland has published on its website the preliminary statistics for the balance of payments in the second quarter of 2012, and for the external position at the end of the quarter.
The current account balance was negative by 49.6 b.kr. during the quarter, as opposed to a negative balance of 47.1 b.kr. in the preceding quarter. The goods account showed a surplus of 12.8 b.kr., and the services account was positive by 12 b.kr. The balance on income, however, was negative by 74.4 b.kr. The current account balance excluding deposit institutions in winding-up proceedings was negative by 14 b.kr., as opposed to a deficit of 16.7 b.kr. in the preceding quarter.
3 September 2012