Iceland’s current account showed a deficit of 30.5 b.kr. in Q2/2024. This represents an improvement of 3.3 b.kr. relative to the previous quarter but a deterioration of 36.6 b.kr. relative to Q2/2023. There was a deficit on goods trade in the amount of 89.5 b.kr and a 67.2 b.kr. surplus on services trade. The surplus on primary income amounted to 5.4 b.kr., whereas there was a 13.7 b.kr. deficit on secondary income.