Markets Actual Q3/25 Q4/25 Q1/26 Q2/26
Currency 121.92 122 123 123 124
Stock Market (points) 2090.36 2083 2068 2053 2038
Government Bond 10Y (%) 6.90 6.9 6.88 6.87 6.85

Overview Actual Q3/25 Q4/25 Q1/26 Q2/26
GDP Growth Rate (%) -0.70 0.4 0.5 0.7 0.6
GDP Annual Growth Rate (%) -1.90 2.4 2.3 2.6 2.7
Unemployment Rate (%) 4.00 3.8 4 4.2 4.5
Inflation Rate (%) 3.80 3.6 3.9 3.9 3.3
Interest Rate (%) 7.50 7.5 7.25 7 6.5
Balance of Trade (ISK Million) -33782.10 -27000 -49000 -35700 -35700
Consumer Confidence (points) 93.90 110 97 95 96
Current Account to GDP (% of GDP) -2.70 -2.4
Government Debt to GDP (% of GDP) 59.30 58
Government Budget (% of GDP) -3.40 -1.2

GDP Actual Q3/25 Q4/25 Q1/26 Q2/26
GDP Growth Rate (%) -0.70 0.4 0.5 0.7 0.6
GDP Annual Growth Rate (%) -1.90 2.4 2.3 2.6 2.7
GDP Constant Prices (ISK Million) 876990.00 940483 914785 896497 900669
Gross Fixed Capital Formation (ISK Million) 258684.00 236281 256389 249896 265668
GDP (USD Billion) 33.46 34.16
Gross National Product (ISK Million) 3580748.00 3663105
GDP per Capita (USD) 57954.57 59172
GDP per Capita PPP (USD) 65645.09 67024
Full Year GDP Growth (%) 0.56 2.1

Labour Actual Q3/25 Q4/25 Q1/26 Q2/26
Unemployment Rate (%) 4.00 3.8 4 4.2 4.5
Wage Growth (%) 3.50 3.6 3.2 2.5 2.2
Wages (ISK/Month) 909000.00 938088
Population (Million) 0.39 0.4

Prices Actual Q3/25 Q4/25 Q1/26 Q2/26
Inflation Rate (%) 3.80 3.6 3.9 3.9 3.3
Consumer Price Index CPI (points) 657.60 655 662 669 678
Core Consumer Prices (points) 367.80 366 368 370 377
Core Inflation Rate (%) 3.81 3.4 3.2 2.9 2.7
GDP Deflator (points) 133.90 136 138 139 138
Producer Prices (points) 290.50 277 291 297 293
Inflation Rate MoM (%) 0.20 0.1 0.3 0.3 0.4
Producer Prices Change (%) -0.60 -3.6 -2 -1.4 1
Food Inflation (%) 5.50 4.8 3.6 2.4 3
CPI Transportation (points) 210.50 211 211 212 213
CPI Housing Utilities (points) 298.30 292 297 301 305

Money Actual Q3/25 Q4/25 Q1/26 Q2/26
Interest Rate (%) 7.50 7.5 7.25 7 6.5
Interbank Rate (%) 7.81 7.81 7.56 7.31 6.81

Trade Actual Q3/25 Q4/25 Q1/26 Q2/26
Balance of Trade (ISK Million) -33782.10 -27000 -49000 -35700 -35700
Exports (ISK Million) 67071.10 88100 87200 83400 74100
Imports (ISK Million) 100853.00 115100 136200 119100 109800
Current Account to GDP (% of GDP) -2.70 -2.4

Consumer Actual Q3/25 Q4/25 Q1/26 Q2/26
Consumer Confidence (points) 93.90 110 97 95 96
Consumer Spending (ISK Million) 473338.00 441862 479141 470399 486118
Gasoline Prices (USD/Liter) 2.48 2.5 2.52 2.54 2.55
Disposable Personal Income (ISK Million) 2429435.00 2485312

Government Actual Q3/25 Q4/25 Q1/26 Q2/26
Government Debt to GDP (% of GDP) 59.30 58
Government Budget (% of GDP) -3.40 -1.2
Government Spending to GDP (% of GDP) 46.70 46.5