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Friday March 24 2017
Iceland Three Month Interbank Rate at 5.25 percent  
Iceland Three Month Interbank Rate was quoted at 5.25 percent on Thursday March 23.
Friday March 24 2017
Iceland Harmonised Consumer Prices at 99.10 Index Points  
Harmonised Consumer Prices in Iceland increased to 99.10 Index Points in February from 98.50 Index Points in January of 2017.
Friday March 24 2017
Iceland Foreign Exchange Reserves at 810859.34 ISK Million  
Foreign Exchange Reserves in Iceland decreased to 810859.34 ISK Million in February from 855061.37 ISK Million in January of 2017.
Friday March 24 2017
Iceland Unemployment Rate at 3.10 percent  
The seasonally adjusted unemployment rate in Iceland decreased to 3.1 percent in February of 2017 compared to a downwardly revised 3.5 percent in the previous month. The number of unemployed fell by 800 to 6,300; the number of employed rose by 1300 to 194,000 and the labour force increased by 500 to 200,300. As a result, the employment rate increased to 80.8 percent from 79.8 percent and the activity rate also went up to 83.4 percent from 82.7 percent. A year earlier, the unemployment rate was slightly higher at 3.2 percent.
Tuesday March 21 2017
Iceland Interest Rate at 5.00 percent  
The Central Bank of Iceland held its seven-day term deposits rate at 5 percent on March 15th, as widely expected, and after lifting capital controls that have been in place since the global financial crisis in 2008. Policymakers said it is too early to predict the economic impact of this step but it is possible that a better balance will develop between foreign exchange market inflows and outflows, but short-term volatility could increase. Policymakers added that the currency appreciation and low global inflation continue to offset domestic inflationary pressures.
Monday March 20 2017
Iceland Part Time Employment at 45.60 Thousand  
Part Time Employment in Iceland increased to 45.60 Thousand in the fourth quarter of 2016 from 39.80 Thousand in the third quarter of 2016.
Monday March 20 2017
Iceland Gold Reserves at 1.98 Tonnes  
Gold Reserves in Iceland remained unchanged at 1.98 Tonnes in the fourth quarter of 2016 from 1.98 Tonnes in the third quarter of 2016.
Monday March 20 2017
Iceland Full Time Employment at 134.70 Thousand  
Full Time Employment in Iceland decreased to 134.70 Thousand in the fourth quarter of 2016 from 143.70 Thousand in the third quarter of 2016.
Monday March 20 2017
Iceland | Credit Rating at 55.45  
S&P Global Ratings has raised its Iceland's long-term foreign currency sovereign credit rating by one notch to 'A' from 'A-', as the recent lifting of most of the remaining capital controls and the conclusion of an agreement with the owners of offshore krona assets strengthen country's external profile. The outlook is stable. Fitch's credit rating for Iceland was last reported at BBB+ with positive outlook.
Friday March 17 2017
Iceland Fiscal Expenditure at 196163.00 ISK Million  
Fiscal Expenditure in Iceland increased to 196163 ISK Million in December from 52957 ISK Million in November of 2016.
Friday March 17 2017
Iceland Export Prices at 194.44 Index Points  
Export Prices in Iceland decreased to 194.44 Index Points in 2016 from 216.01 Index Points in 2015.
Friday March 17 2017
Iceland Government Budget Value at -94815.00 ISK Million  
Iceland recorded a government budget deficit of 94815 ISK Million in December of 2016.
Friday March 17 2017
Iceland Government Revenues at 101348.00 ISK Million  
Government Revenues in Iceland increased to 101348 ISK Million in December from 35419 ISK Million in November of 2016.
Friday March 17 2017
Iceland Import Prices at 208.16 Index Points  
Import Prices in Iceland decreased to 208.16 Index Points in 2016 from 236.74 Index Points in 2015.
Thursday March 16 2017
Iceland Gasoline Prices at 1.80 USD/Liter  
Gasoline Prices in Iceland increased to 1.80 USD/Liter in February from 1.70 USD/Liter in January of 2017.
Wednesday March 15 2017
Iceland Consumer Spending at 183054.00 ISK Million  
Consumer Spending in Iceland increased to 183054 ISK Million in the fourth quarter of 2016 from 156502 ISK Million in the third quarter of 2016.
Wednesday March 15 2017
Iceland Government Spending at 72166.00 ISK Million  
Government Spending in Iceland increased to 72166 ISK Million in the fourth quarter of 2016 from 68104 ISK Million in the third quarter of 2016.
Wednesday March 15 2017
Iceland GDP Constant Prices at 351840.00 ISK Million  
GDP Constant Prices in Iceland increased to 351840 ISK Million in the fourth quarter of 2016 from 342916 ISK Million in the third quarter of 2016.
Wednesday March 15 2017
Iceland GDP Annual Growth Rate at 11.30 percent  
The economy of Iceland expanded 11.3 percent year-on-year in the last three months of 2016, following a downwardly revised 9.6 percent rise in the previous period. It is the highest growth rate since the last quarter of 2007, boosted by rising household spending (7.2 percent compared to 5.7 percent in Q3) while a slowdown was recorded for gross fixed capital formation (18.6 percent compared to 20.9 percent in Q3); government spending (1.7 percent compared to 1.8 percent in Q3); exports (14 percent compared to 17 percent in Q3) and imports (8.8 percent compared to 17.7 percent in Q3). Considering full 2016, the GDP expanded 7.2 percent, higher than 4.1 percent in 2015.
Wednesday March 15 2017
Iceland Gross Fixed Capital Formation at 67873.00 ISK Million  
Gross Fixed Capital Formation in Iceland increased to 67873 ISK Million in the fourth quarter of 2016 from 65065 ISK Million in the third quarter of 2016.
Wednesday March 15 2017
Iceland GDP Deflator at 179.66 Index Points  
GDP Deflator in Iceland increased to 179.66 Index Points in 2016 from 176.06 Index Points in 2015.
Wednesday March 15 2017
Iceland Changes in Inventories at -5158.00 ISK Million  
The stocks of goods held by firms in Iceland decreased by 5158 ISK Million in the fourth quarter of 2016.
Wednesday March 15 2017
Iceland GDP Growth Rate at 2.60 percent  
The economy of Iceland expanded 2.6 percent on quarter in the last three months of 2016, slowing from a downwardly revised 4.5 percent expansion in the previous period but marking the fourth consecutive quarter of growth. Exports slowed (2.7 percent compared to 4.8 percent in Q3) and imports went up 0.7 percent, recovering from a 1.6 percent drop in Q3. In contrast, household spending rose faster (2.5 percent compared to 0.6 percent in Q3) and gross fixed capital formation also increased more (4.3 percent compared to 1.1 percent in Q3) while government consumption growth was steady at 0.4 percent. Year-on-year, the economy advanced 11.3 percent, the highest growth rate since the last quarter of 2007. Considering full 2016, the GDP expanded 7.2 percent, above 4.1 percent in 2015.
Wednesday March 15 2017
Iceland Gross National Income at 1352143.00 ISK Million  
Gross National Product in Iceland increased to 1352143 ISK Million in 2016 from 1213634 ISK Million in 2015.
Sunday March 12 2017
Iceland Balance of Trade at -10900.00 ISK Million  
Iceland recorded a trade deficit of ISK 10.9 billion in February, compared to ISK 2.9 billion gap in the same month of the previous year. Year-o-year, exports decreased 26.1 percent to ISK 31.4 billion, dragged down by lower sales of marine products (-55.2 percent from -32.8 percent in January); manufacturing (-5.9 percent from +0.5 percent). By contrast, agricultural products rose faster (20 percent from 14.3 percent). Imports declined 6.6 percent to ISK 42.4 billion, mainly driven by food and beverages (-11.4 percent from -2.6 percent); fuels and lubricants (-13.8 percent from +7.5 percent), transport equipment (-18.4 percent from -32.3 percent); capital goods (-8.7 percent from -7.4 percent) and industrial supplies (-5.9 percent from -3.2 percent).
Sunday March 12 2017
Iceland Exports at 31400.00 ISK Million  
Exports from Iceland decreased 26.1 percent year-on-year to ISK 31.4 billion in February 2017, dragged down by lower sales of marine products (-55.2 percent from -32.8 percent in January); manufacturing (-5.9 percent from +0.5 percent). By contrast, agricultural products rose faster (20 percent from 14.3 percent).
Sunday March 12 2017
Iceland Imports at 42400.00 ISK Million  
Imports to Iceland declined 6.6 percent year-on-year to ISK 42.4 billion in February of 2017, mainly driven by food and beverages (-11.4 percent from -2.6 percent); fuels and lubricants (-13.8 percent from +7.5 percent), transport equipment (-18.4 percent from -32.3 percent); capital goods (-8.7 percent from -7.4 percent) and industrial supplies (-5.9 percent from -3.2 percent).
Sunday March 12 2017
Iceland Banks Balance Sheet at 3301570.00 ISK Million  
Banks Balance Sheet in Iceland increased to 3301570 ISK Million in January from 3211393 ISK Million in December of 2016.
Sunday March 12 2017
Iceland Consumer Confidence at 125.80  
Consumer Confidence in Iceland increased to 125.80 in February from 121.60 in January of 2017.
Friday March 10 2017
Iceland House Price Index at 370.30 Index Points  
Housing Index in Iceland increased to 370.30 Index Points in February from 363.90 Index Points in January of 2017.
Wednesday March 08 2017
Iceland Corruption Index at 78.00 Points  
Iceland scored 78 points out of 100 on the 2016 Corruption Perceptions Index reported by Transparency International.
Wednesday March 08 2017
Iceland Capital Flows at 112.57 ISK Billion  
Iceland recorded a capital and financial account surplus of 112.57 ISK Billion in the fourth quarter of 2016.
Wednesday March 08 2017
Iceland Total External Debt at 2823222.00 ISK Million  
External Debt in Iceland decreased to 2823222 ISK Million in the fourth quarter of 2016 from 3052311 ISK Million in the third quarter of 2016.
Wednesday March 08 2017
Iceland Current Account at 44.72 ISK Billion  
Iceland's current account surplus widened to ISK 44.7 billion in the fourth quarter of 2016 from ISK 16.0 billion in the same quarter of 2015. The services surplus increased sharply to ISK 43.4 billion compared with ISK 23.2 billion a year earlier, and the primary income surplus went up to ISK 19.3 billion surplus from ISK 11.7 billion. Meanwhile, the goods deficit narrowed to ISK 13.3 billion from ISK 14.7 billion in the previous year, and the secondary income gap rose to ISK 4.8 billion from ISK 4.2 billion. Considering 2016 full year, the current account surplus widened to ISK 193.5 billin from ISK 121.1 billion in 2015.
Wednesday March 08 2017
Iceland Remittances at 825.00 ISK Million  
Remittances in Iceland increased to 825 ISK Million in the fourth quarter of 2016 from 521 ISK Million in the third quarter of 2016.
Wednesday March 08 2017
Iceland Foreign Direct Investment - Net Inflows at -78286.00 ISK Million  
Foreign Direct Investment in Iceland decreased by 78286 ISK Million in the fourth quarter of 2016.
Monday March 06 2017
Iceland Producer Prices at 191.10 Index Points  
Producer Prices in Iceland increased to 191.10 Index Points in January from 189.60 Index Points in December of 2016.
Monday March 06 2017
Iceland Producer Prices Change at -5.30 percent  
Producer prices in Iceland fell 5.3 percent year-on-year in January of 2017, following a 6.1 percent drop in the previous month and marking the 17th straight month of declines in producer prices. However, it is the smallest fall since October of 2015 as cost decreased less for marine products (-8 percent from -11.9 percent in December). In contrast, it fell more for power intensive industry products (-0.5 percent compared to -0.3 percent in December) and other industries (-12.2 percent from -11 percent). Meanwhile, prices of food production rose at a slower pace (0.2 percent compared to 0.7 percent). On a monthly basis, producer prices rose 0.8 percent compared to a 0.3 drop in the previous period.
Sunday March 05 2017
Iceland Core Inflation Rate at 1.73 percent  
Core Inflation Rate in Iceland increased 1.73 percent in February of 2017 over the same month in the previous year.
Sunday March 05 2017
Iceland Core Consumer Prices at 247.00 Index Points  
Core Consumer Prices in Iceland increased to 247 Index Points in February from 245.20 Index Points in January of 2017.
Sunday March 05 2017
Iceland Cpi Transportation at 154.12 Index Points  
The transportation sub-index of the CPI basket in Iceland increased to 154.12 Index Points in February of 2017 from 153.45 Index Points in January of 2017.
Sunday March 05 2017
Iceland Food Inflation at -0.50 percent  
Cost of food in Iceland decreased 0.50 percent in February of 2017 over the same month in the previous year.
Sunday March 05 2017
Iceland Consumer Price Index (CPI) at 439.60 Index Points  
Consumer Price Index CPI in Iceland increased to 439.60 Index Points in February from 436.50 Index Points in January of 2017.
Sunday March 05 2017
Iceland Inflation Rate at 1.90 percent  
Consumer prices in Iceland increased 1.9 percent year-on-year in February of 2017, the same pace as in the previous two months. Cost increased faster faster for housing and utilities (10 percent vs 9.6 percent in January) but went up at a slower pace for hotels ans restaurants (5 percent vs 5.4 percent) and miscellaneous goods and services (2.2 percent vs 2.5 percent). In addition, prices fell less for transport (-1.8 percent vs -3.8 percent) and food and non-alcoholic beverages (-0.5 percent vs -0.6 percent). Meanwhile, cost went down for recreation and culture (-0.7 percent vs 0.1 percent). On a monthly basis, prices rose 0.7 percent after a 0.6 percent drop in January.
Sunday March 05 2017
Iceland Inflation Rate MoM at 0.70 percent  
The Consumer Price Index in Iceland increased 0.70 percent in February of 2017 over the previous month.
Friday March 03 2017
Iceland Money Supply M0 at 52799.21 ISK Million  
Money Supply M0 in Iceland decreased to 52799.21 ISK Million in January from 55097.21 ISK Million in December of 2016.
Friday March 03 2017
Iceland Money Supply M1 at 456.23 ISK Billion  
Money Supply M1 in Iceland decreased to 456.23 ISK Billion in January from 479.56 ISK Billion in December of 2016.
Friday March 03 2017
Iceland Money Supply M2 at 974.26 ISK Billion  
Money Supply M2 in Iceland decreased to 974.26 ISK Billion in January from 981.16 ISK Billion in December of 2016.
Friday March 03 2017
Iceland Money Supply M3 at 1654.00 ISK Billion  
Money Supply M3 in Iceland increased to 1654 ISK Billion in January from 1644 ISK Billion in December of 2016.
Wednesday March 01 2017
Iceland Youth Unemployment Rate at 8.90 percent  
Youth Unemployment Rate in Iceland increased to 8.90 percent in January from 6.50 percent in December of 2016.
Wednesday March 01 2017
Iceland Unemployed Persons at 7300.00  
The number of unemployed persons in Iceland increased to 7300 in January of 2017 from 5900 in December of 2016.
Wednesday March 01 2017
Iceland Labor Force Participation Rate at 82.70 percent  
Labor Force Participation Rate in Iceland decreased to 82.70 percent in January from 84 percent in December of 2016.
Wednesday March 01 2017
Iceland Employed Persons at 192300.00  
The number of employed persons in Iceland decreased to 192300 in January of 2017 from 193400 in December of 2016.
Wednesday March 01 2017
Iceland Employment Rate at 79.70 percent  
Employment Rate in Iceland decreased to 79.70 percent in January from 81.50 percent in December of 2016.
Monday February 27 2017
Iceland Retirement Age - Women at 67.00  
Retirement Age Women in Iceland remained unchanged at 67 in 2016 from 67 in 2015.
Monday February 27 2017
Iceland Retirement Age - Men at 67.00  
Retirement Age Men in Iceland remained unchanged at 67 in 2016 from 67 in 2015.
Friday February 24 2017
Iceland Job Vacancies at 234.00  
Job Vacancies in Iceland increased to 234 in January from 156 in December of 2016.
Friday February 17 2017
Iceland Car Registrations at 1757.00 Cars  
Car Registrations in Iceland increased to 1757 Cars in January from 1271 Cars in December of 2016.
Tuesday February 14 2017
Iceland Population at 0.33 Million  
The total population in Iceland was estimated at 0.3 million people in 2016, according to the latest census figures.
Thursday January 26 2017
Iceland Corruption Rank at 14.00  
Iceland is the 14 least corrupt nation out of 175 countries, according to the 2016 Corruption Perceptions Index reported by Transparency International.
Monday January 16 2017
Iceland Foreign Visitors at 124780.00  
Tourist Arrivals in Iceland decreased to 124780 in December from 131723 in November of 2016.
Monday January 16 2017
Iceland Central Bank Balance Sheet at 937774.08 ISK Million  
Central Bank Balance Sheet in Iceland increased to 937774.08 ISK Million in September from 914044.28 ISK Million in August of 2016.
Wednesday January 04 2017
Iceland Competitiveness Index at 4.96 Points  
Iceland scored 4.96 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum.
Wednesday January 04 2017
Iceland Competitiveness Rank at 27.00  
Iceland is the 27 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum.
Wednesday January 04 2017
Ease of Doing Business in Iceland at 20.00  
Iceland is ranked 20 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Iceland deteriorated to 20 in 2016 from 18 in 2015.
Wednesday January 04 2017
Deposit Interest Rate in Iceland at 4.85 percent  
Deposit Interest Rate in Iceland increased to 4.85 in 2004 from 4.81 in 2003.
Wednesday January 04 2017
Iceland Long Term Unemployment Rate at 0.50 percent  
Long Term Unemployment Rate in Iceland decreased to 0.50 percent in 2015 from 0.60 percent in 2014.
Wednesday January 04 2017
Iceland Home Ownership Rate at 77.80 percent  
Home Ownership Rate in Iceland decreased to 77.80 percent in 2015 from 78.20 percent in 2014.
Wednesday January 04 2017
Iceland Terrorism Index at 0.25  
Terrorism Index in Iceland decreased to 0.25 in 2015 from 1.22 in 2014.
Wednesday January 04 2017
Iceland Real Wage Growth at 7.50 percent  
Real wages in Iceland increased 7.50 percent in November of 2016 over the same month in the previous year.
Wednesday January 04 2017
Iceland Average Monthly Wage at 553000.00 ISK/Month  
Wages in Iceland increased to 553000 ISK/Month in 2015 from 511000 ISK/Month in 2014.
Wednesday January 04 2017
Iceland Sales Tax Rate | VAT at 24.00 percent  
The Sales Tax Rate in Iceland stands at 24 percent.
Wednesday January 04 2017
Iceland Social Security Rate at 11.35 percent  
The Social Security Rate in Iceland stands at 11.35 percent.
Wednesday January 04 2017
Iceland Social Security Rate For Companies at 7.35 percent  
The Social Security Rate For Companies in Iceland stands at 7.35 percent.
Wednesday January 04 2017
Iceland Social Security Rate For Employees at 4.00 percent  
The Social Security Rate For Employees in Iceland stands at 4 percent.
Wednesday January 04 2017
Iceland Government Spending to GDP at 42.70 percent  
Government spending in Iceland was last recorded at 42.7 percent of GDP in 2015 .
Wednesday January 04 2017
Iceland GDP per capita at 45411.04 USD  
The Gross Domestic Product per capita in Iceland was last recorded at 45411.04 US dollars in 2015. The GDP per Capita in Iceland is equivalent to 360 percent of the world's average.
Wednesday January 04 2017
Iceland GDP per capita PPP at 42449.19 USD  
The Gross Domestic Product per capita in Iceland was last recorded at 42449.19 US dollars in 2015, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iceland, when adjusted by Purchasing Power Parity is equivalent to 239 percent of the world's average.
Wednesday January 04 2017
Iceland Government Debt to GDP at 68.50 percent  
Iceland recorded a government debt equivalent to 68.50 percent of the country's Gross Domestic Product in 2015.
Wednesday January 04 2017
Iceland Government Budget at -0.50 percent of GDP  
Iceland recorded a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2015.
Wednesday January 04 2017
Iceland Personal Income Tax Rate at 46.30 percent  
The Personal Income Tax Rate in Iceland stands at 46.30 percent.
Wednesday January 04 2017
Iceland Disposable Income per Capita at 2949.10 ISK Thousand  
Disposable Personal Income in Iceland increased to 2949.10 ISK Thousand in 2014 from 2769.70 ISK Thousand in 2013.
Wednesday January 04 2017
Iceland Current Account to GDP at 4.20 percent  
Iceland recorded a Current Account surplus of 4.20 percent of the country's Gross Domestic Product in 2015.
Wednesday January 04 2017
Iceland GDP at 16.60 USD Billion  
The Gross Domestic Product (GDP) in Iceland was worth 16.60 billion US dollars in 2015. The GDP value of Iceland represents 0.03 percent of the world economy.
Wednesday January 04 2017
Iceland Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Iceland stands at 20 percent.
Thursday December 29 2016
Iceland Bankruptcies at 100.00 companies  
Bankruptcies in Iceland decreased to 100 companies in November from 102 companies in October of 2016.
Thursday December 08 2016
Iceland Private Debt to GDP at 323.51 percent  
Private Debt to GDP in Iceland decreased to 323.51 percent in 2015 from 380.35 percent in 2014.
Tuesday June 14 2016
Iceland Housing Starts at 1612.00 units  
Housing Starts in Iceland increased to 1612 units in 2015 from 582 units in 2014.
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