Seðlabanki

Current account deficit 44.2 b.kr. in Q4/2021 – net IIP positive by 40.2% of GDP

The current account deficit measured 44.2 b.kr. in Q4/2021. This represents a deterioration of 61.2 b.kr. relative to the previous quarter and 67,6 b.kr. relative to Q4/2020.

At the end of Q4, the net international investment position was positive by 1.299 b.kr., or 40.2% of GDP, and improved by 45 b.kr., or 1.4% of GDP, during the quarter. Foreign assets totalled 5,099 b.kr. at the end of the quarter, while foreign liabilities totalled 3,801 b.kr.

See further the press release no. 7/2022 2 March 2022: Current account deficit 44.2 b.kr. in Q4/2021 – net IIP positive by 40.2% of GDP