Iceland | Economic Indicators


Overview Last Reference
GDP Growth Rate 2.6 % Dec/16
Unemployment Rate 1.6 % Mar/17
Inflation Rate 1.9 % Apr/17
Interest Rate 4.75 % May/17
Balance of Trade -11200 ISK Million Apr/17
Government Debt to GDP 68.5 % Dec/15
Markets Last Reference
Currency 99.63 May/17
Stock Market 1376 points May/17
Government Bond 10y 4.65 % May/17
GDP Last Reference
GDP Growth Rate 2.6 % Dec/16
GDP Annual Growth Rate 11.3 % Dec/16
GDP 16.78 USD Billion Dec/15
GDP Constant Prices 351840 ISK Million Dec/16
Gross National Product 1352143 ISK Million Dec/16
Gross Fixed Capital Formation 67873 ISK Million Dec/16
GDP per capita 45852 USD Dec/15
GDP per capita PPP 42704 USD Dec/15
Labour Last Reference
Unemployment Rate 1.6 % Mar/17
Employed Persons 198500 Mar/17
Unemployed Persons 3200 Mar/17
Labor Force Participation Rate 84.7 % Mar/17
Youth Unemployment Rate 4.2 % Mar/17
Job Vacancies 351 Apr/17
Wages 553000 ISK/Month Dec/15
Wage Growth 3.3 % Mar/17
Population 0.33 Million Dec/16
Retirement Age Women 67 Dec/16
Retirement Age Men 67 Dec/16
Employment Rate 83.3 % Mar/17
Full Time Employment 135 Thousand Dec/16
Part Time Employment 45.6 Thousand Dec/16
Prices Last Reference
Inflation Rate 1.9 % Apr/17
Consumer Price Index CPI 442 Index Points Apr/17
Harmonised Consumer Prices 99.2 Index Points Apr/17
Core Consumer Prices 249 Index Points Apr/17
Core Inflation Rate 1.6 % Mar/17
GDP Deflator 180 Index Points Dec/16
Producer Prices 186 Index Points Mar/17
Export Prices 194 Index Points Dec/16
Import Prices 208 Index Points Dec/16
Cpi Housing Utilities 406 Index Points Apr/17
Cpi Transportation 153 Index Points Apr/17
Food Inflation -2.5 % Apr/17
Inflation Rate Mom 0.5 % Apr/17
Producer Prices Change -7.1 % Mar/17
Money Last Reference
Interest Rate 4.75 % May/17
Interbank Rate 4.97 % May/17
Money Supply M0 52863 ISK Million Mar/17
Money Supply M1 478 ISK Billion Mar/17
Money Supply M2 1050 ISK Billion Mar/17
Money Supply M3 1749 ISK Billion Mar/17
Banks Balance Sheet 3400837 ISK Million Mar/17
Foreign Exchange Reserves 684364 ISK Million Apr/17
Deposit Interest Rate 4.85 % Dec/04
Central Bank Balance Sheet 813972 ISK Million Apr/17
Private Debt to GDP 324 % Dec/15
Trade Last Reference
Balance of Trade -11200 ISK Million Apr/17
Exports 41000 ISK Million Apr/17
Imports 52200 ISK Million Apr/17
Current Account 44.72 ISK Billion Dec/16
Current Account to GDP 4.2 % Dec/15
External Debt 2823222 ISK Million Dec/16
Capital Flows 113 ISK Billion Dec/16
Gold Reserves 1.98 Tonnes Dec/16
Foreign Direct Investment -78286 ISK Million Dec/16
Remittances 825 ISK Million Dec/16
Terrorism Index 0.25 Dec/15
Tourist Arrivals 167806 Mar/17
Government Last Reference
Government Debt to GDP 68.5 % Dec/15
Government Budget -0.5 % of GDP Dec/15
Government Budget Value -94815 ISK Million Dec/16
Government Spending 72166 ISK Million Dec/16
Government Spending to GDP 41.2 % Dec/16
Government Revenues 101348 ISK Million Dec/16
Fiscal Expenditure 196163 ISK Million Dec/16
Credit Rating 55.45
Business Last Reference
Changes in Inventories -5158 ISK Million Dec/16
Car Registrations 2604 Cars Apr/17
Bankruptcies 59 companies Mar/17
Competitiveness Index 4.96 Points Dec/17
Competitiveness Rank 27 Dec/17
Corruption Index 78 Points Dec/16
Corruption Rank 14 Dec/16
Ease of Doing Business 20 Dec/16
Consumer Last Reference
Consumer Confidence 127 Apr/17
Consumer Spending 183054 ISK Million Dec/16
Disposable Personal Income 2949 ISK Thousand Dec/14
Gasoline Prices 1.77 USD/Liter Apr/17
Housing Last Reference
Housing Index 386 Index Points Apr/17
Home Ownership Rate 77.8 % Dec/15
Housing Starts 1612 units Dec/15
Taxes Last Reference
Corporate Tax Rate 20 % Dec/17
Personal Income Tax Rate 46.3 % Dec/16
Sales Tax Rate 24 % Dec/17
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.