RELATED NEWS

Friday April 28 2017
Iceland GDP per capita PPP at 42704.42 USD  
The Gross Domestic Product per capita in Iceland was last recorded at 42704.42 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 240 percent of the world's average.
Friday April 28 2017
Iceland GDP per capita at 45852.27 USD  
The Gross Domestic Product per capita in Iceland was last recorded at 45852.27 US dollars in 2015. The GDP per Capita in Iceland is equivalent to 363 percent of the world's average.
Friday April 28 2017
Iceland Government Spending to GDP at 41.20 percent  
Government spending in Iceland was last recorded at 41.2 percent of GDP in 2016 .
Friday April 28 2017
Iceland Producer Prices at 186.10 Index Points  
Producer Prices in Iceland decreased to 186.10 Index Points in March from 188.30 Index Points in February of 2017.
Friday April 28 2017
Iceland Producer Prices Change at -7.10 percent  
Producer prices in Iceland fell 7.1 percent year-on-year in March of 2017, following a 5.5 percent decline in the previous month and marking the 19th straight month of declines. It is the lowest producer inflation since July last year, as cost fell for marine products (-12.9 percent vs -11 percent in February), other industries (-15.7 percent vs -13.1 percent) and food (-0.9 percent from a previous flat reading). In addition, prices slowed for power intensive industries (2.2 percent vs 2.8 percent). On a monthly basis, producer prices decreased 1.2 percent compared to a 1.4 percent fall in February.
Friday April 28 2017
Iceland Balance of Trade at -16200.00 ISK Million  
Iceland recorded goods trade deficit of ISK 16.2 billion in March, compared to ISK 21.8 billion gap a year earlier. Exports shrank 10.6 percent to ISK 39.5 billion, dragged down by a decline in sales of marine (-20.1 percent vs -65 percent in February) and manufacturing products (-3.5 percent vs -26.9 percent) and slower growth in exports of agricultural products (8.3 percent vs 80 percent). Imports declined at a faster 16 percent, led by transport equipment (-57.9 percent vs 95.1 percent), capital goods (-9.2 percent vs 12.9 percent) and food and beverages (-15.7 percent from 2.7 percent).
Friday April 28 2017
Iceland Cpi Transportation at 152.70 Index Points  
The transportation sub-index of the CPI basket in Iceland increased to 152.70 Index Points in April of 2017 from 151.49 Index Points in March of 2017.
Friday April 28 2017
Iceland Consumer Price Index (CPI) at 442.10 Index Points  
Consumer Price Index CPI in Iceland increased to 442.10 Index Points in April from 439.90 Index Points in March of 2017.
Friday April 28 2017
Iceland Core Consumer Prices at 249.10 Index Points  
Core Consumer Prices in Iceland increased to 249.10 Index Points in April from 247.60 Index Points in March of 2017.
Friday April 28 2017
Iceland Food Inflation at -2.50 percent  
Cost of food in Iceland decreased 2.50 percent in April of 2017 over the same month in the previous year.
Friday April 28 2017
Iceland Job Vacancies at 279.00  
Job Vacancies in Iceland decreased to 279 in March from 350 in February of 2017.
Friday April 28 2017
Iceland Three Month Interbank Rate at 5.22 percent  
Iceland Three Month Interbank Rate was quoted at 5.22 percent on Thursday April 27.
Friday April 28 2017
Iceland GDP at 16.78 USD Billion  
The Gross Domestic Product (GDP) in Iceland was worth 16.78 billion US dollars in 2015. The GDP value of Iceland represents 0.03 percent of the world economy.
Friday April 28 2017
Iceland Inflation Rate at 1.90 percent  
Consumer prices in Iceland increased 1.9 percent year-on-year in April of 2017, following 1.6 percent rise in the previous month. Prices rose at a faster pace for housing and utilities (12.1 percent compared to 10.7 percent in March) and fell less for transport (-4 percent from -4.1 percent), communications (-17.9 percent from -19.7 percent) and recreation and culture (-0.1 percent from -0.6 percent). In contrast, decreased further for food and non-alcoholic beverages (-2.5 percent compared to -1.6 percent) and clothing and footwear (-3.6 percent from -3.3 percent). On a monthly basis, consumer prices went up 0.5 percent.
Friday April 28 2017
Iceland Inflation Rate MoM at 0.50 percent  
The Consumer Price Index in Iceland increased 0.50 percent in April of 2017 over the previous month.
Tuesday April 25 2017
Iceland Harmonised Consumer Prices at 98.50 Index Points  
Harmonised Consumer Prices in Iceland decreased to 98.50 Index Points in March from 99.10 Index Points in February of 2017.
Friday April 21 2017
Iceland Foreign Exchange Reserves at 823982.15 ISK Million  
Foreign Exchange Reserves in Iceland increased to 823982.15 ISK Million in March from 810859.34 ISK Million in February of 2017.
Friday April 21 2017
Iceland Car Registrations at 2711.00 Cars  
Car Registrations in Iceland increased to 2711 Cars in March from 1811 Cars in February of 2017.
Wednesday April 12 2017
Iceland Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Iceland stands at 20 percent.
Wednesday April 12 2017
Iceland Exports at 39500.00 ISK Million  
Exports from Iceland shrank 10.6 percent year-on-year to ISK 39.5 billion in March of 2017, dragged down by marine products (-20.1 percent vs -65 percent in February) and manufacturing (-3.5 percent vs -26.9 percent). Also, agricultural products sales slowed (8.3 percent vs 80 percent).
Wednesday April 12 2017
Iceland Imports at 55700.00 ISK Million  
Imports to Iceland declined 16 percent year-on-year to ISK 55.7 billion in March of 2017, led by transport equipment (-57.9 percent vs 95.1 percent), capital goods (-9.2 percent vs 12.9 percent) and food and beverages (-15.7 percent from 2.7 percent).
Tuesday April 11 2017
Iceland Sales Tax Rate | VAT at 24.00 percent  
The Sales Tax Rate in Iceland stands at 24 percent.
Tuesday April 04 2017
Iceland Gasoline Prices at 1.66 USD/Liter  
Gasoline Prices in Iceland decreased to 1.66 USD/Liter in March from 1.80 USD/Liter in February of 2017.
Tuesday April 04 2017
Iceland House Price Index at 376.50 Index Points  
Housing Index in Iceland increased to 376.50 Index Points in March from 370.30 Index Points in February of 2017.
Tuesday April 04 2017
Iceland Consumer Confidence at 129.20  
Consumer Confidence in Iceland increased to 129.20 in March from 125.80 in February of 2017.
Monday April 03 2017
Iceland Core Inflation Rate at 1.60 percent  
Core Inflation Rate in Iceland increased 1.60 percent in March of 2017 over the same month in the previous year.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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 April 03 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 April 03 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 April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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 April 03 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.
Monday April 03 2017
Iceland Housing Starts at 1612.00 units  
Housing Starts in Iceland increased to 1612 units in 2015 from 582 units in 2014.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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 April 03 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.
Monday April 03 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.
Monday April 03 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 April 03 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.
Monday April 03 2017
Iceland Government Budget Value at -94815.00 ISK Million  
Iceland recorded a government budget deficit of 94815 ISK Million in December of 2016.
Monday April 03 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.
Monday April 03 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.
Monday April 03 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.
Monday April 03 2017
Iceland Social Security Rate at 11.35 percent  
The Social Security Rate in Iceland stands at 11.35 percent.
Monday April 03 2017
Iceland Social Security Rate For Companies at 7.35 percent  
The Social Security Rate For Companies in Iceland stands at 7.35 percent.
Monday April 03 2017
Iceland Social Security Rate For Employees at 4.00 percent  
The Social Security Rate For Employees in Iceland stands at 4 percent.
Monday April 03 2017
Iceland Terrorism Index at 0.25  
Terrorism Index in Iceland decreased to 0.25 in 2015 from 1.22 in 2014.
Monday April 03 2017
Iceland Foreign Visitors at 124780.00  
Tourist Arrivals in Iceland decreased to 124780 in December from 131723 in November of 2016.
Monday April 03 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.
Monday April 03 2017
Iceland Retirement Age - Men at 67.00  
Retirement Age Men in Iceland remained unchanged at 67 in 2016 from 67 in 2015.
Monday April 03 2017
Iceland Retirement Age - Women at 67.00  
Retirement Age Women in Iceland remained unchanged at 67 in 2016 from 67 in 2015.
Monday April 03 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.
Monday April 03 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.
Monday April 03 2017
Iceland Money Supply M0 at 52767.88 ISK Million  
Money Supply M0 in Iceland decreased to 52767.88 ISK Million in February from 52799.21 ISK Million in January of 2017.
Monday April 03 2017
Iceland Money Supply M1 at 446.52 ISK Billion  
Money Supply M1 in Iceland decreased to 446.52 ISK Billion in February from 456.23 ISK Billion in January of 2017.
Monday April 03 2017
Iceland Money Supply M2 at 953.59 ISK Billion  
Money Supply M2 in Iceland decreased to 953.59 ISK Billion in February from 974.26 ISK Billion in January of 2017.
Monday April 03 2017
Iceland Money Supply M3 at 1650.00 ISK Billion  
Money Supply M3 in Iceland decreased to 1650 ISK Billion in February from 1654 ISK Billion in January of 2017.
Monday April 03 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 April 03 2017
Iceland Personal Income Tax Rate at 46.30 percent  
The Personal Income Tax Rate in Iceland stands at 46.30 percent.
Monday April 03 2017
Iceland Bankruptcies at 100.00 companies  
Bankruptcies in Iceland decreased to 100 companies in November from 102 companies in October of 2016.
Monday April 03 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.
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.
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 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.
MORE RELATED NEWS