Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Currency 122.12 122 121 120 120
Stock Market (points) 2019.03 1971 1916 1866 1818
Government Bond 10Y (%) 7.04 6.98 6.91 6.85 6.79

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) -3.00 0.7 0.5 0.4 0.5
GDP Annual Growth Rate (%) -1.10 1.5 1.8 2 2.1
Unemployment Rate (%) 6.80 5.9 5.8 5.5 5.1
Inflation Rate (%) 5.90 6.2 4.6 4 3.2
Interest Rate (%) 8.00 8 8 8 7.75
Balance of Trade (ISK Million) -45717.80 -25700 -37300 -66300 -43100
Consumer Confidence (points) 51.50 69 65 66 69
Current Account to GDP (% of GDP) -4.00 -3
Government Debt to GDP (% of GDP) 56.10 49
Government Budget (% of GDP) -2.60 -3.2

GDP Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) -3.00 0.7 0.5 0.4 0.5
GDP Annual Growth Rate (%) -1.10 1.5 1.8 2 2.1
GDP Constant Prices (ISK Million) 878507.00 909863 917439 896077 896956
Gross Fixed Capital Formation (ISK Million) 274927.00 226387 217275 280426 280700
GDP (USD Billion) 38.58 39.12
Gross National Product (ISK Million) 3661794.00 3716721
GDP per Capita (USD) 58910.18 59735
GDP per Capita PPP (USD) 68064.69 69018
Full Year GDP Growth (%) 1.30 1.4

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 6.80 5.9 5.8 5.5 5.1
Wage Growth (%) 0.00 0.9 1.5 2.9 3.4
Wages (ISK/Month) 982000.00 990838
Population (Million) 0.39 0.39

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 5.90 6.2 4.6 4 3.2
Consumer Price Index CPI (points) 697.30 707 710 718 720
Core Inflation Rate (%) 6.70 7.5 6.4 5 3.8
Core Consumer Prices (points) 105.40 108 109 110 109
GDP Deflator (points) 144.79 151 151 151 149
Producer Prices (points) 333.40 354 359 374 355
Food Inflation (%) 4.00 4.9 4.2 3.6 3.4
Inflation Rate MoM (%) 0.40 0.4 0.3 0.3 0.4
Producer Prices Change (%) 13.70 12.6 10 7.9 6.5
CPI Housing Utilities (points) 104.40 106 106 107 108
CPI Transportation (points) 110.80 111 112 112 112

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 8.00 8 8 8 7.75
Interbank Rate (%) 8.34 8.34 8.34 8.34 8.09

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (ISK Million) -45717.80 -25700 -37300 -66300 -43100
Exports (ISK Million) 87478.10 79200 87900 88900 81500
Imports (ISK Million) 133195.90 104900 125200 155200 124600
Current Account to GDP (% of GDP) -4.00 -3

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Consumer Confidence (points) 51.50 69 65 66 69
Consumer Spending (ISK Million) 477542.00 498409 476998 487093 487570
Gasoline Prices (USD/Liter) 2.28 2.37 2.49 2.6 2.71
Disposable Personal Income (ISK Million) 2520567.00 2558376

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Government Debt to GDP (% of GDP) 56.10 49
Government Budget (% of GDP) -2.60 -3.2
Government Spending to GDP (% of GDP) 45.70 46.2