Iceland | Economic Indicators

Overview Last Reference
GDP Growth Rate 2.1 % Jun/16
Unemployment Rate 3.1 % Aug/16
Inflation Rate 0.9 % Aug/16
Interest Rate 5.25 % Aug/16
Balance of Trade -12700 ISK Million Aug/16
Government Debt to GDP 68.5 % Dec/15
Markets Last Reference
Currency 114 Sep/16
Stock Market 1242 points Sep/16
Government Bond 10y 5.08 % Sep/16
GDP Last Reference
GDP Growth Rate 2.1 % Jun/16
GDP Annual Growth Rate 3.7 % Jun/16
GDP 16.6 USD Billion Dec/15
GDP Constant Prices 326042 ISK Million Jun/16
Gross National Product 1232150 ISK Million Dec/15
Gross Fixed Capital Formation 66795 ISK Million Jun/16
GDP per capita 45411 USD Dec/15
GDP per capita PPP 42449 USD Dec/15
Labour Last Reference
Unemployment Rate 3.1 % Aug/16
Employed Persons 191700 Jul/16
Unemployed Persons 6200 Aug/16
Labor Force Participation Rate 83 % Jul/16
Youth Unemployment Rate 5.9 % Jul/16
Job Vacancies 481 Aug/16
Wages 511000 ISK/Month Dec/14
Wage Growth 10.1 % Aug/16
Population 0.33 Million Dec/15
Retirement Age Women 67 Dec/15
Retirement Age Men 67 Dec/15
Employment Rate 80.6 % Jul/16
Full Time Employment 126 Thousand Mar/16
Part Time Employment 47.5 Thousand Mar/16
Prices Last Reference
Inflation Rate 0.9 % Aug/16
Consumer Price Index CPI 436 Index Points Aug/16
Harmonised Consumer Prices 103 Index Points Aug/16
Core Consumer Prices 245 Index Points Aug/16
Core Inflation Rate 1.36 % Aug/16
GDP Deflator 172 Index Points Dec/15
Producer Prices 200 Index Points Jul/16
Export Prices 216 Index Points Dec/15
Import Prices 237 Index Points Dec/15
Cpi Transportation 160 Index Points Aug/16
Food Inflation 1.4 % Aug/16
Inflation Rate Mom 0.3 % Aug/16
Producer Prices Change -7.5 % Jul/16
Money Last Reference
Interest Rate 5.25 % Aug/16
Interbank Rate 5.7 % Sep/16
Money Supply M0 49720 ISK Million Aug/16
Money Supply M1 445 ISK Billion Aug/16
Money Supply M2 969 ISK Billion Aug/16
Money Supply M3 1654 ISK Billion Aug/16
Banks Balance Sheet 3239053 ISK Million Jul/16
Foreign Exchange Reserves 733365 ISK Million Aug/16
Deposit Interest Rate 4.85 % Dec/04
Central Bank Balance Sheet 914044 ISK Million Aug/16
Private Debt to GDP 365 % Dec/14
Trade Last Reference
Balance of Trade -12700 ISK Million Aug/16
Exports 40700 ISK Million Aug/16
Imports 53300 ISK Million Aug/16
Current Account 31.76 ISK Billion Jun/16
Current Account to GDP 4.2 % Dec/15
External Debt 3069611 ISK Million Jun/16
Capital Flows 27.86 ISK Billion Jun/16
Gold Reserves 1.98 Tonnes Jun/16
Foreign Direct Investment -87880 ISK Million Jun/16
Terrorism Index 1.22 Dec/14
Government Last Reference
Government Debt to GDP 68.5 % Dec/15
Government Budget -0.5 % of GDP Dec/15
Government Budget Value -19009 ISK Million Jul/16
Government Spending 69946 ISK Million Jun/16
Government Spending to GDP 42.7 % Dec/15
Government Revenues 41160 ISK Million Jul/16
Fiscal Expenditure 60169 ISK Million Jul/16
Credit Rating 55.45
Business Last Reference
Changes in Inventories -9130 ISK Million Jun/16
Car Registrations 1657 Cars Aug/16
Bankruptcies 14 companies Aug/16
Competitiveness Index 4.83 Points Dec/16
Competitiveness Rank 27 Dec/17
Corruption Index 79 Points Dec/15
Corruption Rank 13 Dec/15
Ease of Doing Business 19 Dec/15
Consumer Last Reference
Consumer Confidence 130 Aug/16
Consumer Spending 169896 ISK Million Jun/16
Disposable Personal Income 2949 ISK Thousand Dec/14
Gasoline Prices 1.59 USD/Liter Aug/16
Housing Last Reference
Housing Index 334 Index Points Aug/16
Home Ownership Rate 77.8 % Dec/15
Housing Starts 1612 units Dec/15
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. 9/28/2016