Iceland | Economic Indicators


Markets Last Reference Previous Range
Currency 135 Jul/15 135 58.17 : 227
Stock Market 1167 Index points Jul/15 1171 315 : 8174
Government Bond 10y 6.65 percent Jul/15 6.64 4.46 : 15.01
GDP Last Reference Previous Range
GDP 17.07 USD Billion Dec/14 15.39 0.25 : 21.45
GDP Growth Rate -1.5 percent Mar/15 0.2 -7.4 : 9
GDP Annual Growth Rate 2.9 percent Mar/15 3 -7.6 : 13.5
GDP Constant Prices 309660 ISK Million Mar/15 314222 176688 : 314222
Gross National Product 1128417 ISK Million Dec/14 1092286 496273 : 1128417
GDP per capita 59693 USD Dec/14 59289 15049 : 61662
Gross Fixed Capital Formation 52383 ISK Million Mar/15 45102 25020 : 102237
GDP per capita PPP 41237 USD Dec/14 40958 26977 : 42598
Labour Last Reference Previous Range
Unemployment Rate 3.2 percent Jun/15 4.4 0.1 : 9.2
Employed Persons 177700 Dec/14 178700 136600 : 182000
Unemployed Persons 4757 Jun/15 5157 100 : 15059
Job Vacancies 323 Jun/15 332 73 : 1912
Youth Unemployment Rate 8.6 percent Jun/15 8.6 7 : 16.6
Wages 511000 ISK/Month Dec/14 486000 380000 : 511000
Population 0.33 Million Dec/14 0.32 0.17 : 0.33
Retirement Age Women 67 Dec/15 67 67 : 67
Retirement Age Men 67 Dec/15 67 67 : 67
Labor Force Participation Rate 82.4 percent May/15 82.3 79.9 : 83.6
Wage Growth 5.5 percent Jun/15 3.6 -9.4 : 10.7
Prices Last Reference Previous Range
Inflation Rate 1.9 percent Jul/15 1.5 -0.06 : 25.2
Consumer Price Index CPI 430 Index Points Jul/15 429 4 : 430
Core Inflation Rate 2.25 percent Jul/15 1.78 1.09 : 18.16
Harmonised Consumer Prices 180 Index Points Jun/15 178 168 : 180
Core Consumer Prices 240 Index Points Jul/15 240 100 : 240
GDP Deflator 162 Index Points Dec/14 156 3.24 : 162
Producer Prices 222 Index Points Jun/15 223 99.8 : 225
Export Prices 210 Index Points Dec/14 213 0.03 : 222
Import Prices 246 Index Points Dec/14 257 0.04 : 257
Food Inflation 3.7 percent Jul/15 3.33 -6.45 : 31.18
Inflation Rate Mom 0.16 percent Jul/15 0.3 -1.5 : 10.4
Producer Prices Change 11 percent Jun/15 12.5 -12.3 : 68.5
Money Last Reference Previous Range
Interest Rate 5.75 percent Jul/15 5.75 4.25 : 18
Interbank Rate 6 percent Jul/15 6 4 : 18.6
Money Supply M0 43724 ISK Million Jun/15 43052 1.6 : 44028
Money Supply M1 437 ISK Billion Jun/15 418 8.88 : 576
Money Supply M2 1064 ISK Billion Jun/15 1057 0.06 : 1134
Money Supply M3 1767 ISK Billion Jun/15 1750 0.03 : 1769
Foreign Exchange Reserves 605150 ISK Million Jun/15 588073 610 : 1110306
Banks Balance Sheet 3153003 ISK Million May/15 3146217 2757398 : 14896283
Central Bank Balance Sheet 1014938 ISK Million Jun/15 999574 58186 : 1637813
Trade Last Reference Previous Range
Balance of Trade -10400 ISK Million Jun/15 230 -25843 : 24064
Exports 56000 ISK Million Jun/15 54330 0.78 : 63431
Imports 66400 ISK Million Jun/15 54100 1.21 : 66400
Current Account 3.33 ISK Billion Mar/15 29.74 -138 : 64.67
Current Account to GDP 3.9 percent Dec/13 -5.2 -28.3 : 3.9
External Debt 12391139 ISK Million Mar/15 12419878 278976 : 15748567
Capital Flows 16.1 ISK Billion Mar/15 69.86 -331 : 417
Gold Reserves 1.99 Tonnes Mar/15 1.99 1.84 : 1.99
Foreign Direct Investment 101845 ISK Million Mar/15 835 -90129 : 199978
Government Last Reference Previous Range
Government Budget -0.2 percent of GDP Dec/14 -1.7 -13.5 : 6.3
Government Debt to GDP 86.4 percent Dec/14 91.4 23 : 101
Government Budget Value 8677 ISK Million Apr/15 7608 -29896 : 24990
Government Spending 68810 ISK Million Mar/15 70492 46227 : 73334
Government Spending to GDP 45.4 percent Dec/14 44.1 34.1 : 55.4
Credit Rating 48.48 :
Fiscal Expenditure 47372 ISK Million Apr/15 55823 6452 : 251416
Government Revenues 56049 ISK Million Apr/15 63431 7463 : 97616
Business Last Reference Previous Range
Changes in Inventories 14822 ISK Million Mar/15 1650 -11152 : 19361
Car Registrations 3012 Cars Jun/15 3055 77 : 3394
Competitiveness Index 4.7 Points Dec/15 4.66 4.66 : 5.12
Competitiveness Rank 30 Dec/15 31 20 : 31
Corruption Index 79 Points Dec/14 78 78 : 97
Corruption Rank 12 Dec/14 12 1 : 13
Ease of Doing Business 12 Dec/14 13 9 : 14
Consumer Last Reference Previous Range
Consumer Confidence 91.5 Feb/15 81.8 19.54 : 155
Consumer Spending 153741 ISK Million Mar/15 168950 90850 : 176195
Disposable Personal Income 2667 ISK Million Dec/13 2585 799 : 2667
Gasoline Prices 1.65 USD/Liter Jul/15 1.72 1.05 : 2.24
Housing Last Reference Previous Range
Housing Index 304 Index Points Jul/15 301 100 : 304
Home Ownership Rate 78 percent Dec/14 77.5 77.3 : 86.8
Taxes Last Reference Previous Range
Corporate Tax Rate 20 percent Dec/15 20 15 : 33
Personal Income Tax Rate 46.22 percent Dec/14 46.22 35.7 : 46.9
Sales Tax Rate 24 percent Dec/15 25.5 24 : 25.5
Social Security Rate 15.79 percent Dec/14 15.69 13.2 : 16.7
Social Security Rate For Companies 7.79 percent Dec/14 7.69 5.2 : 8.7
Social Security Rate For Employees 8 percent Dec/14 8 8 : 8




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. 8/3/2015