Iceland GDP Growth Rate  Forecast


GDP Growth Rate in Iceland is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Iceland to stand at 0.50 in 12 months time. In the long-term, the Iceland GDP Growth Rate is projected to trend around 0.50 percent in 2020, according to our econometric models.


Iceland GDP Growth Rate
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Iceland GDP Last Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate -1.1 0.7 0.6 0.6 0.5 0.5
GDP Annual Growth Rate 3.4 4.4 4.2 4 3.6 2.7
GDP 20.05 16.95 20.65 20.5 20.35 21.65
GDP Constant Prices 348179 347615 346935 346505 345926 341592
Gross National Product 1352143 1401754 1406917 1412080 1417243 1417777
Gross Fixed Capital Formation 71277 68044 67990 66316 65081 57582
GDP per capita 48614 49670 49870 49870 49870 50220
GDP per capita PPP 45276 46442 46431 46420 46409 46329