Iceland | Economic Indicators

Overview Last Reference
GDP Growth Rate 4.7 % Sep/16
Unemployment Rate 2.9 % Nov/16
Inflation Rate 1.9 % Dec/16
Interest Rate 5 % Dec/16
Balance of Trade -4400 ISK Million Dec/16
Government Debt to GDP 68.5 % Dec/15
Markets Last Reference
Currency 113 Jan/17
Stock Market 1237 points Jan/17
Government Bond 10y 5.22 % Jan/17
GDP Last Reference
GDP Growth Rate 4.7 % Sep/16
GDP Annual Growth Rate 10.2 % Sep/16
GDP 16.6 USD Billion Dec/15
GDP Constant Prices 340852 ISK Million Sep/16
Gross National Product 1232150 ISK Million Dec/15
Gross Fixed Capital Formation 67396 ISK Million Sep/16
GDP per capita 45411 USD Dec/15
GDP per capita PPP 42449 USD Dec/15
Labour Last Reference
Unemployment Rate 2.9 % Nov/16
Employed Persons 197300 Nov/16
Unemployed Persons 5900 Nov/16
Labor Force Participation Rate 84.9 % Nov/16
Youth Unemployment Rate 6.7 % Nov/16
Job Vacancies 156 Dec/16
Wages 553000 ISK/Month Dec/15
Wage Growth 7.5 % Nov/16
Population 0.33 Million Dec/15
Retirement Age Women 67 Dec/15
Retirement Age Men 67 Dec/15
Employment Rate 82.4 % Nov/16
Full Time Employment 144 Thousand Sep/16
Part Time Employment 39.8 Thousand Sep/16
Prices Last Reference
Inflation Rate 1.9 % Dec/16
Consumer Price Index CPI 439 Index Points Dec/16
Harmonised Consumer Prices 99.7 Index Points Nov/16
Core Consumer Prices 247 Index Points Dec/16
Core Inflation Rate 2.04 % Dec/16
GDP Deflator 172 Index Points Dec/15
Producer Prices 190 Index Points Nov/16
Export Prices 216 Index Points Dec/15
Import Prices 237 Index Points Dec/15
Cpi Transportation 157 Index Points Dec/16
Food Inflation -0.1 % Dec/16
Inflation Rate Mom 0.1 % Dec/16
Producer Prices Change -7 % Nov/16
Money Last Reference
Interest Rate 5 % Dec/16
Interbank Rate 5.3 % Jan/17
Money Supply M0 50778 ISK Million Nov/16
Money Supply M1 456215 ISK Billion Nov/16
Money Supply M2 993364 ISK Billion Nov/16
Money Supply M3 1671664 ISK Billion Nov/16
Banks Balance Sheet 3286382 ISK Million Nov/16
Foreign Exchange Reserves 805831 ISK Million Nov/16
Deposit Interest Rate 4.85 % Dec/04
Central Bank Balance Sheet 937774 ISK Million Sep/16
Private Debt to GDP 324 % Dec/15
Trade Last Reference
Balance of Trade -4400 ISK Million Dec/16
Exports 41400 ISK Million Dec/16
Imports 45800 ISK Million Dec/16
Current Account 100 ISK Billion Sep/16
Current Account to GDP 4.2 % Dec/15
External Debt 3002528 ISK Million Sep/16
Capital Flows 129102 ISK Billion Sep/16
Gold Reserves 1.98 Tonnes Sep/16
Foreign Direct Investment -87880 ISK Million Jun/16
Terrorism Index 0.25 Dec/15
Tourist Arrivals 124780 Dec/16
Government Last Reference
Government Debt to GDP 68.5 % Dec/15
Government Budget -0.5 % of GDP Dec/15
Government Budget Value -17538 ISK Million Nov/16
Government Spending 67968 ISK Million Sep/16
Government Spending to GDP 42.7 % Dec/15
Government Revenues 35419 ISK Million Nov/16
Fiscal Expenditure 52957 ISK Million Nov/16
Credit Rating 55.45
Business Last Reference
Changes in Inventories 2396 ISK Million Sep/16
Car Registrations 1271 Cars Dec/16
Bankruptcies 100 companies Nov/16
Competitiveness Index 4.96 Points Dec/17
Competitiveness Rank 27 Dec/17
Corruption Index 79 Points Dec/15
Corruption Rank 13 Dec/15
Ease of Doing Business 20 Dec/16
Consumer Last Reference
Consumer Confidence 128 Dec/16
Consumer Spending 156889 ISK Million Sep/16
Disposable Personal Income 2949 ISK Thousand Dec/14
Gasoline Prices 1.66 USD/Liter Nov/16
Housing Last Reference
Housing Index 359 Index Points Dec/16
Home Ownership Rate 77.8 % Dec/15
Housing Starts 1612 units Dec/15
Taxes Last Reference
Corporate Tax Rate 20 % Dec/16
Personal Income Tax Rate 46.3 % Dec/16
Sales Tax Rate 24 % Dec/16
Social Security Rate 11.35 % Dec/16
Social Security Rate For Companies 7.35 % Dec/16
Social Security Rate For Employees 4 % Dec/16




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. 1/18/2017