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Subjects > Balance of Payments > Iceland
Country: Iceland Subject: Balance of Payments
| ISL.BP....... | Data source(s) used
The compilation of the balance of payments data is based on foreign trade statistics, bank reports on foreign transactions and mandatory surveys of official and private entities.
Direct source
Central Bank of Iceland
Source Periodicity
Quarterly.
Unit of measure used
Data are published, in millions of Icelandic Kronur (ISK).
Link to Release calendar
Link : www.imf.org
Geographic coverage
Data cover the Iceland territory.
Sector coverage
The data cover the entire economy.
Key statistical concept
The classification of accounts used corresponds generally to the recommendations of BPM5.
Seasonal adjustment
Annual data are sum of quarterly figures. OECD performs the seasonal adjustment using an option which ensures that the seasonally adjusted monthly or quarterly figures add to the corresponding unadjusted annual data.
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Country: Iceland Subject: Balance of Payments > Current Account Balance
| ISL.BPBL....... | Seasonal adjustment
The seasonally adjusted current balance series presented in US dollars is obtained by converting the seasonally adjusted quarterly figures expressed in national currency using the quarterly average exchange rate. The annual figures are obtained by converting annual raw figures in national currency using the annual average exchange rate. It should be noted that the sum of the quarterly figures does not necessarily equal the corresponding annual figure due to fluctuations in the exchange rate.
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Country: Iceland Subject: Balance of Payments > Capital and Financial Accounts > Total (BPM5) > Incl. change in official reserves
| ISL.BPCFTT01....... | Key statistical concept
Data refer to capital and financial accounts.
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