Iceland GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Iceland expanded 3.80 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Iceland is reported by the Statistics Iceland. GDP Annual Growth Rate in Iceland averaged 2.83 Percent from 1998 until 2013, reaching an all time high of 13.30 Percent in the first quarter of 1999 and a record low of -8.60 Percent in the fourth quarter of 2009. In Iceland, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. This page provides - Iceland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.80 4.90 13.30 -8.60 3.29 | 2013/12 1998 - 2013 Percent Quarterly

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Iceland GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-07 10:00 AM Iceland
GDP Growth Rate YoY
Q1 2013 0.8% 1.4% 0.79%
2013-09-06 10:00 AM Iceland
GDP Growth Rate YoY
Q2 2013 4.2% 0.3% (R) 2.14%
2013-12-06 09:00 AM Iceland
GDP Growth Rate YoY
Q3 2013 4.9% 3.8% (R) 2.18%
2014-03-07 09:00 AM Iceland
GDP Growth Rate YoY
Q4 2013 3.8% 4.9% 3.29%
2014-06-06 09:00 AM Iceland
GDP Growth Rate YoY
Q1 2014 3.8% 5.4%
2014-09-10 09:00 AM Iceland
GDP GROWTH RATE YOY
Q2 2014 5.58%
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GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 281092.00 2013-11-15 280122.00 291715.00 176688.00 280800.44 2014-03-31 ISK Million [+]
Gross Fixed Capital Formation 33084.00 2013-11-15 31504.00 102237.00 25020.00 32609.39 2014-03-31 ISK Million [+]
Gross National Product 999053.00 2013-06-30 900218.00 1093633.00 496273.00 1005463.98 2013-12-31 ISK Million [+]
GDP Growth Rate 0.30 2013-12-31 6.10 10.20 -6.50 0.42 2013-12-31 Percent [+]
GDP Annual Growth Rate 3.80 2013-12-31 4.90 13.30 -8.60 3.29 2013-12-31 Percent [+]
GDP per capita 53532.08 2012-12-31 52854.12 58009.79 15049.46 54030.52 2013-12-31 USD [+]
GDP per capita PPP 34029.00 2012-12-31 33598.04 36875.37 21846.82 34486.88 2013-12-31 USD [+]
GDP 13.66 2012-12-31 14.08 20.43 0.25 13.74 2013-12-31 USD Billion [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


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