Iceland - Economic Indicators

Overview Last Reference
GDP Growth Rate 2.2 % Sep/17
Unemployment Rate 3.3 % Dec/17
Inflation Rate 2.4 % Jan/18
Interest Rate 4.25 % Feb/18
Balance of Trade -5400 ISK Million Jan/18
Government Debt to GDP 54 % Dec/16

Markets Last Reference
Currency 100 Feb/18
Stock Market 1384 points Feb/18
Government Bond 10y 5.19 % Feb/18
GDP Last Reference
GDP Growth Rate 2.2 % Sep/17
GDP Annual Growth Rate 3.1 % Sep/17
GDP 20.05 USD Billion Dec/16
GDP Constant Prices 351327 ISK Million Sep/17
Gross National Product 1352143 ISK Million Dec/16
Gross Fixed Capital Formation 77232 ISK Million Sep/17
GDP per capita 48614 USD Dec/16
GDP per capita PPP 45276 USD Dec/16
Labour Last Reference
Unemployment Rate 3.3 % Dec/17
Employed Persons 198000 Dec/17
Unemployed Persons 6800 Dec/17
Labor Force Participation Rate 83 % Dec/17
Youth Unemployment Rate 11 % Dec/17
Job Vacancies 122 Jan/18
Wages 553000 ISK/Month Dec/15
Wage Growth 5.3 % Nov/17
Population 0.34 Million Dec/17
Retirement Age Women 67 Dec/16
Retirement Age Men 67 Dec/16
Employment Rate 80.3 % Dec/17
Full Time Employment 145 Thousand Sep/17
Part Time Employment 39 Thousand Sep/17
Prices Last Reference
Inflation Rate 2.4 % Jan/18
Consumer Price Index CPI 447 Index Points Jan/18
Harmonised Consumer Prices 98.7 Index Points Dec/17
Core Consumer Prices 251 Index Points Jan/18
Core Inflation Rate 2.5 % Jan/18
GDP Deflator 180 Index Points Dec/16
Producer Prices 194 Index Points Dec/17
Export Prices 194 Index Points Dec/16
Import Prices 208 Index Points Dec/16
CPI Housing Utilities 431 Index Points Jan/18
CPI Transportation 149 Index Points Jan/18
Food Inflation -0.1 % Jan/18
Inflation Rate Mom -0.1 % Jan/18
Producer Prices Change 2.4 % Dec/17
Money Last Reference
Interest Rate 4.25 % Feb/18
Interbank Rate 4.4 % Feb/18
Money Supply M0 148 ISK Billion Dec/17
Money Supply M1 518 ISK Billion Dec/17
Money Supply M2 1076 ISK Billion Dec/17
Money Supply M3 1729 ISK Billion Dec/17
Banks Balance Sheet 3400961 ISK Million Dec/17
Foreign Exchange Reserves 670833 ISK Million Jan/18
Central Bank Balance Sheet 760387 ISK Million Dec/17
Private Debt to GDP 315 % Dec/16
Trade Last Reference
Balance of Trade -5400 ISK Million Jan/18
Exports 48500 ISK Million Jan/18
Imports 53900 ISK Million Jan/18
Current Account 68.14 ISK Billion Sep/17
Current Account to GDP 8 % Dec/16
External Debt 2252 ISK Billion Sep/17
Capital Flows 71.85 ISK Billion Sep/17
Gold Reserves 1.98 Tonnes Dec/17
Foreign Direct Investment -357 ISK Billion Sep/17
Remittances 1065 ISK Million Sep/17
Terrorism Index 0.13 Dec/16
Tourist Arrivals 135240 Dec/17
Government Last Reference
Government Debt to GDP 54 % Dec/16
Government Budget 1.3 % of GDP Dec/16
Government Budget Value 13.2 ISK Billion Sep/17
Government Spending 70326 ISK Million Sep/17
Government Spending to GDP 41.2 % Dec/16
Government Revenues 282 ISK Billion Feb/18
Fiscal Expenditure 269 ISK Billion Sep/17
Asylum Applications 80 persons Oct/17
Credit Rating 55.45
Business Last Reference
Changes in Inventories 11870 ISK Million Sep/17
Car Registrations 2037 Jan/18
Internet Speed 16496 KBps Mar/17
IP Addresses 152051 IP Mar/17
Bankruptcies 115 companies Nov/17
Competitiveness Index 4.99 Points Dec/18
Competitiveness Rank 28 Dec/18
Corruption Index 78 Points Dec/16
Corruption Rank 14 Dec/16
Ease of Doing Business 23 Dec/17
Consumer Last Reference
Consumer Confidence 137 Index Points Dec/17
Consumer Spending 173424 ISK Million Sep/17
Disposable Personal Income 3635 ISK Thousand Dec/16
Gasoline Prices 2.03 USD/Liter Jan/18
Housing Last Reference
Housing Index 417 Index Points Jan/18
Home Ownership Rate 77.8 % Dec/15
Housing Starts 1133 units Dec/16
Taxes Last Reference
Corporate Tax Rate 20 % Dec/18
Personal Income Tax Rate 46.3 % Dec/18
Sales Tax Rate 24 % Dec/18
Social Security Rate 10.84 % Dec/18
Social Security Rate For Companies 6.84 % Dec/18
Social Security Rate For Employees 4 % Dec/18
Climate Last Reference
Precipitation 119 mm Dec/15
Temperature -2.72 celsius Dec/15


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Economic Indicators for Iceland including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Iceland economy.