Iceland | Economic Indicators

Overview Last Reference
GDP Growth Rate -1.1 % Dec/15
Unemployment Rate 3.3 % Mar/16
Inflation Rate 1.6 % Apr/16
Interest Rate 5.75 % Apr/16
Balance of Trade -8900 ISK Million Mar/16
Government Debt to GDP 82.4 % Dec/14
Markets Last Reference
Currency 122 May/16
Stock Market 1317 points Apr/16
Government Bond 10y 5.83 % Apr/16
GDP Last Reference
GDP Growth Rate -1.1 % Dec/15
GDP Annual Growth Rate 3.2 % Dec/15
GDP 17.04 USD Billion Dec/14
GDP Constant Prices 323142 ISK Million Dec/15
Gross National Product 1232150 ISK Million Dec/15
Gross Fixed Capital Formation 59302 ISK Million Dec/15
GDP per capita 59693 USD Dec/14
GDP per capita PPP 41237 USD Dec/14
Labour Last Reference
Unemployment Rate 3.3 % Mar/16
Employed Persons 177700 Dec/14
Unemployed Persons 4599 Mar/16
Labor Force Participation Rate 81.6 % Dec/15
Youth Unemployment Rate 7.2 % Mar/16
Job Vacancies 299 Mar/16
Wages 511000 ISK/Month Dec/14
Wage Growth 7.1 % Jan/16
Population 0.33 Million Dec/15
Retirement Age Women 67 Dec/15
Retirement Age Men 67 Dec/15
Employment Rate 80.3 % Mar/16
Full Time Employment 141 Thousand Sep/15
Part Time Employment 35.3 Thousand Sep/15
Prices Last Reference
Inflation Rate 1.6 % Apr/16
Consumer Price Index CPI 434 Index Points Apr/16
Harmonised Consumer Prices 99.9 Index Points Mar/16
Core Consumer Prices 244 Index Points Apr/16
Core Inflation Rate 1.92 % Apr/16
GDP Deflator 172 Index Points Dec/15
Producer Prices 200 Index Points Mar/16
Export Prices 216 Index Points Dec/15
Import Prices 237 Index Points Dec/15
Cpi Transportation 160 Index Points Apr/16
Food Inflation 2.6 % Apr/16
Inflation Rate Mom 0.21 % Apr/16
Producer Prices Change -10.7 % Mar/16
Money Last Reference
Interest Rate 5.75 % Apr/16
Interbank Rate 6.3 % Apr/16
Money Supply M0 47097 ISK Million Mar/16
Money Supply M1 400 ISK Billion Mar/16
Money Supply M2 935 ISK Billion Mar/16
Money Supply M3 1626 ISK Billion Mar/16
Banks Balance Sheet 3212602 ISK Million Feb/16
Foreign Exchange Reserves 734529 ISK Million Mar/16
Deposit Interest Rate 4.85 % Dec/04
Central Bank Balance Sheet 892478 ISK Million Mar/16
Trade Last Reference
Balance of Trade -8900 ISK Million Mar/16
Exports 44500 ISK Million Mar/16
Imports 53400 ISK Million Mar/16
Current Account 7.97 ISK Billion Dec/15
Current Account to GDP 3.6 % Dec/14
External Debt 4022250 ISK Million Dec/15
Capital Flows 32.3 ISK Billion Dec/15
Gold Reserves 1.98 Tonnes Dec/15
Foreign Direct Investment 24711 ISK Million Dec/15
Terrorism Index 1.22 Dec/14
Government Last Reference
Government Debt to GDP 82.4 % Dec/14
Government Budget -0.5 % of GDP Dec/15
Government Budget Value -15718 ISK Million Jan/16
Government Spending 70814 ISK Million Dec/15
Government Spending to GDP 42.7 % Dec/15
Government Revenues 54769 ISK Million Jan/16
Fiscal Expenditure 70487 ISK Million Jan/16
Credit Rating 55.45
Business Last Reference
Changes in Inventories -6730 ISK Million Dec/15
Car Registrations 1696 Cars Mar/16
Competitiveness Index 4.83 Points Dec/16
Competitiveness Rank 29 Dec/16
Corruption Index 79 Points Dec/15
Corruption Rank 13 Dec/15
Ease of Doing Business 19 Dec/15
Consumer Last Reference
Consumer Confidence 124 Mar/16
Consumer Spending 179125 ISK Million Dec/15
Disposable Personal Income 2949 ISK Thousand Dec/14
Gasoline Prices 1.5 USD/Liter Mar/16
Housing Last Reference
Housing Index 321 Index Points Apr/16
Home Ownership Rate 78 % Dec/14
Taxes Last Reference
Corporate Tax Rate 20 % Dec/15
Personal Income Tax Rate 46.2 % Dec/15
Sales Tax Rate 24 % Dec/16
Social Security Rate 11.49 % Dec/15
Social Security Rate For Companies 7.49 % Dec/15
Social Security Rate For Employees 4 % Dec/15




Economic Indicators for Iceland including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Iceland economy. 5/2/2016