04 September 2023

Current account surplus 7.5 b.kr. in Q2/2023 – net IIP positive by 28.8% of GDP

The current account surplus measured 7.5 b.kr. in Q2/2023. This represents an improvement of 19.1 b.kr. relative to the previous quarter and 45.2 b.kr. relative to Q2/2022. There was a deficit on goods trade in the amount of 84.1 b.kr and an 87.7 b.kr. surplus on services trade. The surplus on primary income amounted to 17 b.kr., whereas there was a 13.1 b.kr. deficit on secondary income.

This is included in new information published on the Central Bank of Iceland web-site, showing the preliminary balance of payments in Q2/2023 and the external position of the economy at the end of the quarter.

See here the press release:

Current account surplus 7.5 b.kr. in Q2/2023 – net IIP positive by 28.8% of GDP

 

No.: 14/2023
4 September 2023


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