Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Currency 124.19 124 123 122 122
Stock Market (points) 1988.79 1987 1907 1862 1819
Government Bond 10Y (%) 6.99 6.95 6.84 6.78 6.72

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 3.70 0.6 0.4 0.7 0.5
GDP Annual Growth Rate (%) 2.70 1.9 2 2.3 2.1
Unemployment Rate (%) 5.80 5.5 4.9 4.8 4.5
Inflation Rate (%) 5.10 6.2 5.5 4.8 3.9
Interest Rate (%) 7.75 7.75 8 8 8
Balance of Trade (ISK Million) -56598.30 -35700 -20800 -45700 -34300
Consumer Confidence (points) 54.40 58 63 66 69
Current Account to GDP (% of GDP) -3.60 -1.8
Government Debt to GDP (% of GDP) 56.10 52.9
Government Budget (% of GDP) -2.80 -0.8

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 3.70 0.6 0.4 0.7 0.5
GDP Annual Growth Rate (%) 2.70 1.9 2 2.3 2.1
GDP Constant Prices (ISK Million) 895063.00 901319 958106 912781 913859
Gross Fixed Capital Formation (ISK Million) 212215.00 266763 246842 226264 216672
GDP (USD Billion) 33.46 34.13
Gross National Product (ISK Million) 3661794.00 3746015
GDP per Capita (USD) 57954.57 59114
GDP per Capita PPP (USD) 65645.09 66958
Full Year GDP Growth (%) 1.30 2

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 5.80 5.5 4.9 4.8 4.5
Wage Growth (%) 1.20 2.9 3.2 2.8 2.5
Wages (ISK/Month) 909000.00 934452
Population (Million) 0.39 0.39

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 5.10 6.2 5.5 4.8 3.9
Consumer Price Index CPI (points) 684.30 697 695 698 705
Core Consumer Prices (points) 103.80 104 103 104 105
Core Inflation Rate (%) 6.50 5.9 4.5 3.6 2.5
GDP Deflator (points) 141.86 145 146 149 147
Producer Prices (points) 334.20 319 326 343 351
Food Inflation (%) 4.20 5.1 5.5 4.9 4.2
Inflation Rate MoM (%) 0.10 0.4 0.5 0.4 0.3
Producer Prices Change (%) 12.00 9.8 10.2 8.9 7.5
CPI Transportation (points) 107.30 108 108 109 109
CPI Housing Utilities (points) 102.30 103 103 105 105

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 7.75 7.75 8 8 8
Interbank Rate (%) 8.11 8.11 8.36 8.36 8.36

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (ISK Million) -56598.30 -35700 -20800 -45700 -34300
Exports (ISK Million) 70991.70 74100 91500 89200 85900
Imports (ISK Million) 127590.00 109800 112300 134900 120200
Current Account to GDP (% of GDP) -3.60 -1.8

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Consumer Confidence (points) 54.40 58 63 66 69
Consumer Spending (ISK Million) 470418.00 484304 459953 505762 480297
Gasoline Prices (USD/Liter) 1.85 3.47 2.98 2.48 2.48
Disposable Personal Income (ISK Million) 2520567.00 2578540

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 56.10 52.9
Government Budget (% of GDP) -2.80 -0.8
Government Spending to GDP (% of GDP) 45.00 46.2