Thursday December 08 2016
Iceland Gasoline Prices at 1.66 USD/Liter


Gasoline Prices in Iceland remained unchanged at 1.66 USD/Liter in November from 1.66 USD/Liter in October of 2016.





Thursday December 08 2016
Iceland Balance of Trade at -12300.00 ISK Million


Iceland recorded a trade deficit of ISK 12.3 billion in November, compared to ISK 0.5 billion gap in the same month of the previous year. Exports decreased 20.0 percent to ISK 41.2 billion, dragged down by lower sales of marine products (-26.9 percent from +15.5 percent in October); manufacturing (-19.0 percent from -10.2 percent) and food and beverages (-9.8 percent). In contrast, imports rose 9.0 percent to ISK 53.5 billion , mainly driven by transport equipment (+69.6 percent from -6.5 percent); industrial supplies (+7.41 percent from -13.1 percent); capital goods (+1.50 percent from -19.40 percent) and fuels and lubrificants (+6.52 percent from +18.9 percent).





Thursday December 08 2016
Iceland Exports at 41200.00 ISK Million


Exports in Iceland decreased 20.0 percent year-on-year to ISK 41.2 billion in November of 2016, dragged down by lower sales of marine products (-26.9 percent from +15.5 percent in October), manufacturing (-19.0 percent from -10.2 percent) and food and beverages (-9.8 percent)





Thursday December 08 2016
Iceland Imports at 53500.00 ISK Million


Imports in Iceland rose 9.0 percent year-on-year to ISK 53.5 billion in November of 2016, mainly driven by transport equipment (+69.6 percent from -6.5 percent); industrial supplies (+7.41 percent from -13.1 percent); capital goods (+1.50 percent from -19.40 percent) and fuels and lubrificants (+6.52 percent from +18.9 percent).





Thursday December 08 2016
Iceland GDP Growth Rate at 4.70 percent


Iceland's gross domestic product advanced by 4.7 percent on quarter in the three months to September 2016, following a downwardly revised 1.7 percent growth in the previous period. It was the strongest reading since the first quarter of 2004, mainly boosted by a sharp rise in exports (+4.2 percent from +3.5 percent in Q2) while imports contracted (-2.2 percent from +3.8 percent in Q2). Also, household consumption expanded by 0.5 percent (+1.7 percent in Q2), fixed investment grew by 2.1 percent (+5 percent in Q2) and public spending advanced by 0.3 percent (+0.7 percent in Q2). Compared with the same quarter of the previous year, the economy expanded by 10.2 percent.





Thursday December 08 2016
Iceland GDP Annual Growth Rate at 10.20 percent


Iceland's gross domestic product advanced by 4.7 percent on quarter in the three months to September 2016, following a revised 3.8 percent growth in the previous period. It was the strongest reading since the fourth quarter of 2007, mainly boosted by a sharp rise in exports (+16.4 percent from +5.8 percent in Q2). Household consumption expanded by 6 percent (+7.4 percent in Q2), fixed investment grew by 24 percent (+31.6 percent in Q2) and public spending advanced by 1.6 percent (+1.4 percent in Q2) and imports rose by 16.9 percent (+17.2 percent in Q2).





Thursday December 08 2016
Iceland Three Month Interbank Rate at 5.60 percent


Iceland Three Month Interbank Rate was quoted at 5.60 percent on Wednesday December 7.





Thursday December 08 2016
Iceland Private Debt to GDP at 323.51 percent


Private Debt to GDP in Iceland decreased to 323.51 percent in 2015 from 380.35 percent in 2014.





Tuesday December 06 2016
Iceland Producer Prices Change at -5.80 percent


Producer Prices in Iceland decreased 5.80 percent in October of 2016 over the same month in the previous year.





Tuesday December 06 2016
Iceland Producer Prices at 191.80 Index Points


Producer Prices in Iceland decreased to 191.80 Index Points in October from 194.70 Index Points in September of 2016.