Iceland | Economic Indicators

Overview Last Reference
GDP Growth Rate 4.7 % Sep/16
Unemployment Rate 3.6 % Jan/17
Inflation Rate 1.9 % Jan/17
Interest Rate 5 % Feb/17
Balance of Trade -6700 ISK Million Jan/17
Government Debt to GDP 68.5 % Dec/15
Markets Last Reference
Currency 108 Feb/17
Stock Market 1279 points Feb/17
Government Bond 10y 5.03 % Feb/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 3.6 % Jan/17
Employed Persons 192300 Jan/17
Unemployed Persons 7300 Jan/17
Labor Force Participation Rate 82.7 % Jan/17
Youth Unemployment Rate 8.9 % Jan/17
Job Vacancies 234 Jan/17
Wages 553000 ISK/Month Dec/15
Wage Growth 7.5 % Nov/16
Population 0.33 Million Dec/16
Retirement Age Women 67 Dec/16
Retirement Age Men 67 Dec/16
Employment Rate 79.7 % Jan/17
Full Time Employment 144 Thousand Sep/16
Part Time Employment 39.8 Thousand Sep/16
Prices Last Reference
Inflation Rate 1.9 % Jan/17
Consumer Price Index CPI 436 Index Points Jan/17
Harmonised Consumer Prices 99.8 Index Points Dec/16
Core Consumer Prices 245 Index Points Jan/17
Core Inflation Rate 1.87 % Jan/17
GDP Deflator 172 Index Points Dec/15
Producer Prices 190 Index Points Dec/16
Export Prices 216 Index Points Dec/15
Import Prices 237 Index Points Dec/15
Cpi Transportation 153 Index Points Jan/17
Food Inflation -0.6 % Jan/17
Inflation Rate Mom -0.6 % Jan/17
Producer Prices Change -6.1 % Dec/16
Money Last Reference
Interest Rate 5 % Feb/17
Interbank Rate 5.25 % Feb/17
Money Supply M0 55097 ISK Million Dec/16
Money Supply M1 480 ISK Billion Dec/16
Money Supply M2 981 ISK Billion Dec/16
Money Supply M3 1644 ISK Billion Dec/16
Banks Balance Sheet 3286382 ISK Million Nov/16
Foreign Exchange Reserves 855061 ISK Million Jan/17
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 -6700 ISK Million Jan/17
Exports 37600 ISK Million Jan/17
Imports 44200 ISK Million Jan/17
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 1757 Cars Jan/17
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 14 Dec/16
Ease of Doing Business 20 Dec/16
Consumer Last Reference
Consumer Confidence 122 Jan/17
Consumer Spending 156889 ISK Million Sep/16
Disposable Personal Income 2949 ISK Thousand Dec/14
Gasoline Prices 1.7 USD/Liter Jan/17
Housing Last Reference
Housing Index 364 Index Points Jan/17
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. 2/24/2017