Iceland | Economic Indicators

Overview Last Reference
GDP Growth Rate 0.7 % Sep/15
Unemployment Rate 2.3 % Dec/15
Inflation Rate 2.1 % Jan/16
Interest Rate 5.75 % Feb/16
Balance of Trade -1200 ISK Million Jan/16
Government Debt to GDP 86.4 % Dec/14
Markets Last Reference
Currency 126 Feb/16
Stock Market 1237 points Feb/16
Government Bond 10y 5.99 % Feb/16
GDP Last Reference
GDP Growth Rate 0.7 % Sep/15
GDP Annual Growth Rate 2.6 % Sep/15
GDP 17.04 USD Billion Dec/14
GDP Constant Prices 322600 ISK Million Sep/15
Gross National Product 1128417 ISK Million Dec/14
Gross Fixed Capital Formation 54020 ISK Million Sep/15
GDP per capita 59693 USD Dec/14
GDP per capita PPP 41237 USD Dec/14
Labour Last Reference
Unemployment Rate 2.3 % Dec/15
Employed Persons 177700 Dec/14
Unemployed Persons 4594 Dec/15
Labor Force Participation Rate 83.3 % Sep/15
Youth Unemployment Rate 8 % Dec/15
Job Vacancies 186 Dec/15
Wages 511000 ISK/Month Dec/14
Wage Growth 7.6 % Dec/15
Population 0.33 Million Dec/14
Retirement Age Women 67 Dec/15
Retirement Age Men 67 Dec/15
Employment Rate 80.5 % Dec/15
Full Time Employment 141 Thousand Sep/15
Part Time Employment 35.3 Thousand Sep/15
Prices Last Reference
Inflation Rate 2.1 % Jan/16
Consumer Price Index CPI 428 Index Points Jan/16
Harmonised Consumer Prices 178 Index Points Dec/15
Core Consumer Prices 241 Index Points Jan/16
Core Inflation Rate 2.52 % Jan/16
GDP Deflator 162 Index Points Dec/14
Producer Prices 202 Index Points Dec/15
Export Prices 210 Index Points Dec/14
Import Prices 246 Index Points Dec/14
Food Inflation 1.22 % Jan/16
Inflation Rate Mom -0.6 % Jan/16
Producer Prices Change -9.4 % Dec/15
Money Last Reference
Interest Rate 5.75 % Feb/16
Interbank Rate 6.3 % Feb/16
Money Supply M0 48871 ISK Million Dec/15
Money Supply M1 429 ISK Billion Dec/15
Money Supply M2 968 ISK Billion Dec/15
Money Supply M3 1725 ISK Billion Dec/15
Banks Balance Sheet 3181871 ISK Million Dec/15
Foreign Exchange Reserves 653367 ISK Million Dec/15
Deposit Interest Rate 4.85 % Dec/04
Central Bank Balance Sheet 931567 ISK Million Dec/15
Trade Last Reference
Balance of Trade -1200 ISK Million Jan/16
Exports 45900 ISK Million Jan/16
Imports 47100 ISK Million Jan/16
Current Account 48.7 ISK Billion Sep/15
Current Account to GDP 3.6 % Dec/14
External Debt 11620151 ISK Million Sep/15
Capital Flows 47.55 ISK Billion Sep/15
Gold Reserves 1.98 Tonnes Sep/15
Foreign Direct Investment 20467 ISK Million Sep/15
Terrorism Index 1.22 Dec/14
Government Last Reference
Government Debt to GDP 86.4 % Dec/14
Government Budget -0.2 % of GDP Dec/14
Government Budget Value -8282 ISK Million Nov/15
Government Spending 66835 ISK Million Sep/15
Government Spending to GDP 45.4 % Dec/14
Government Revenues 45342 ISK Million Nov/15
Fiscal Expenditure 53624 ISK Million Nov/15
Credit Rating 57.81
Business Last Reference
Changes in Inventories -1374 ISK Million Sep/15
Car Registrations 1134 Cars Dec/15
Competitiveness Index 4.83 Points Dec/16
Competitiveness Rank 29 Dec/16
Corruption Index 79 Points Dec/15
Corruption Rank 13 Dec/15
Ease of Doing Business 19 Dec/15
Consumer Last Reference
Consumer Confidence 114 Dec/15
Consumer Spending 155478 ISK Million Sep/15
Disposable Personal Income 2949 ISK Thousand Dec/14
Gasoline Prices 1.4 USD/Liter Jan/16
Housing Last Reference
Housing Index 316 Index Points Jan/16
Home Ownership Rate 78 % Dec/14
Taxes Last Reference
Corporate Tax Rate 20 % Dec/15
Personal Income Tax Rate 46.22 % Dec/14
Sales Tax Rate 24 % Dec/15
Social Security Rate 15.79 % Dec/14
Social Security Rate For Companies 7.79 % Dec/14
Social Security Rate For Employees 8 % Dec/14




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. 2/12/2016