Iceland | Economic Indicators

Overview Last Reference
GDP Growth Rate -0.5 % Mar/16
Unemployment Rate 2.6 % Jun/16
Inflation Rate 1.1 % Jul/16
Interest Rate 5.75 % Jun/16
Balance of Trade -12300 ISK Million Jun/16
Government Debt to GDP 82.4 % Dec/14
Markets Last Reference
Currency 121 Jul/16
Stock Market 1252 points Jul/16
Government Bond 10y 6.09 % Jul/16
GDP Last Reference
GDP Growth Rate -0.5 % Mar/16
GDP Annual Growth Rate 4.2 % Mar/16
GDP 16.6 USD Billion Dec/15
GDP Constant Prices 321647 ISK Million Mar/16
Gross National Product 1232150 ISK Million Dec/15
Gross Fixed Capital Formation 61884 ISK Million Mar/16
GDP per capita 45411 USD Dec/15
GDP per capita PPP 42449 USD Dec/15
Labour Last Reference
Unemployment Rate 2.6 % Jun/16
Employed Persons 188700 Jun/16
Unemployed Persons 4300 May/16
Labor Force Participation Rate 83.1 % Jun/16
Youth Unemployment Rate 6 % Apr/16
Job Vacancies 349 Jun/16
Wages 511000 ISK/Month Dec/14
Wage Growth 11.4 % May/16
Population 0.33 Million Dec/15
Retirement Age Women 67 Dec/15
Retirement Age Men 67 Dec/15
Employment Rate 80.9 % Jun/16
Full Time Employment 126 Thousand Mar/16
Part Time Employment 47.5 Thousand Mar/16
Prices Last Reference
Inflation Rate 1.1 % Jul/16
Consumer Price Index CPI 435 Index Points Jul/16
Harmonised Consumer Prices 102 Index Points Jun/16
Core Consumer Prices 244 Index Points Jul/16
Core Inflation Rate 1.5 % Jul/16
GDP Deflator 172 Index Points Dec/15
Producer Prices 201 Index Points Jun/16
Export Prices 216 Index Points Dec/15
Import Prices 237 Index Points Dec/15
Cpi Transportation 164 Index Points Jul/16
Food Inflation 2.1 % Jul/16
Inflation Rate Mom -0.3 % Jul/16
Producer Prices Change -9.3 % Jun/16
Money Last Reference
Interest Rate 5.75 % Jun/16
Interbank Rate 6.3 % Jul/16
Money Supply M0 48785 ISK Million Jun/16
Money Supply M1 424 ISK Billion Jun/16
Money Supply M2 943 ISK Billion Jun/16
Money Supply M3 1646 ISK Billion Jun/16
Banks Balance Sheet 3209345 ISK Million Mar/16
Foreign Exchange Reserves 699022 ISK Million Jun/16
Deposit Interest Rate 4.85 % Dec/04
Central Bank Balance Sheet 881163 ISK Million Jun/16
Private Debt to GDP 365 % Dec/14
Trade Last Reference
Balance of Trade -12300 ISK Million Jun/16
Exports 56200 ISK Million Jun/16
Imports 68500 ISK Million Jun/16
Current Account 2.08 ISK Billion Mar/16
Current Account to GDP 3.6 % Dec/14
External Debt 3293544 ISK Million Mar/16
Capital Flows -14.17 ISK Billion Mar/16
Gold Reserves 1.98 Tonnes Mar/16
Foreign Direct Investment 24711 ISK Million Dec/15
Terrorism Index 1.22 Dec/14
Government Last Reference
Government Debt to GDP 82.4 % Dec/14
Government Budget -0.5 % of GDP Dec/15
Government Budget Value 12418 ISK Million Apr/16
Government Spending 67183 ISK Million Mar/16
Government Spending to GDP 42.7 % Dec/15
Government Revenues 66264 ISK Million Apr/16
Fiscal Expenditure 53846 ISK Million Apr/16
Credit Rating 55.45
Business Last Reference
Changes in Inventories 14359 ISK Million Mar/16
Car Registrations 3471 Cars Jun/16
Bankruptcies 123 companies Apr/16
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 136 Jun/16
Consumer Spending 165500 ISK Million Mar/16
Disposable Personal Income 2949 ISK Thousand Dec/14
Gasoline Prices 1.57 USD/Liter Jun/16
Housing Last Reference
Housing Index 329 Index Points Jul/16
Home Ownership Rate 78 % Dec/14
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. 7/28/2016