Current account balance: Spain vs Iceland
Quarterly · % of GDP
Source: Eurostat (bop_gdp6_q), retrieved 2026-10-17 · View on Eurostat · See technical sheet
Spain · Q2 20262.0%10 of 32 in Europe
Iceland · Q2 2026-9.3%30 of 32 in EuropeGap+11.3 ppSpain − Iceland
Trend
Open in the comparison tool → Country ranking →
| Period | Spain | Iceland | Gap |
|---|---|---|---|
| Q2 2026 | 2.0% | -9.3% | +11.3 pp |
| Q1 2026 | 2.3% | -2.2% | +4.5 pp |
| Q4 2025 | 2.6% | -2.8% | +5.4 pp |
| Q3 2025 | 4.0% | 2.1% | +1.9 pp |
| Q2 2025 | 3.8% | -9.4% | +13.2 pp |
| Q1 2025 | 2.6% | -6.5% | +9.1 pp |
| Q4 2024 | 2.7% | -7.5% | +10.2 pp |
| Q3 2024 | 3.7% | 2.7% | +1.0 pp |
Data analysis
In Q2 2026, “Current account balance” stands at 2.0% in Spain and -9.3% in Iceland, a gap of +11.3 pp. A year earlier, the gap was +13.2 pp. In the European ranking, Spain is 10 and Iceland is 30 out of 32 countries.
Current account balance: Spain vs other countries
- Switzerland
- Norway
- Austria
- Belgium
- Bulgaria
- Cyprus
- Czechia
- Germany
- Denmark
- Estonia
- Greece
- Finland
- France
- Croatia
- Hungary
- Ireland
- Italy
- Lithuania
- Luxembourg
- Latvia
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Sweden
- Slovenia
- Slovakia
- Euro area (20, until 2025)
- Euro area (21)
- European Union (27)
- Albania
- Bosnia and Herzegovina
- Moldova
- Montenegro
- North Macedonia
- Serbia
- Türkiye