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Sunday December 10 2017
Iceland | Credit Rating at 55.45  
Standard & Poor's credit rating for Iceland stands at A with stable outlook. Moody's credit rating for Iceland was last set at A3 with stable outlook. Fitch's credit rating for Iceland was last reported at A with stable outlook.
Saturday December 09 2017
Iceland Changes in Inventories at 11870.00 ISK Million  
The stocks of goods held by firms in Iceland increased by 11870 ISK Million in the third quarter of 2017.
Saturday December 09 2017
Iceland GDP Constant Prices at 351327.00 ISK Million  
GDP Constant Prices in Iceland increased to 351327 ISK Million in the third quarter of 2017 from 348179 ISK Million in the second quarter of 2017.
Saturday December 09 2017
Iceland Gross Fixed Capital Formation at 77232.00 ISK Million  
Gross Fixed Capital Formation in Iceland increased to 77232 ISK Million in the third quarter of 2017 from 71277 ISK Million in the second quarter of 2017.
Saturday December 09 2017
Iceland Three Month Interbank Rate at 4.40 percent  
Iceland Three Month Interbank Rate was quoted at 4.40 percent on Friday December 8.
Saturday December 09 2017
Iceland Government Spending at 70326.00 ISK Million  
Government Spending in Iceland decreased to 70326 ISK Million in the third quarter of 2017 from 72134 ISK Million in the second quarter of 2017.
Saturday December 09 2017
Iceland Consumer Spending at 173424.00 ISK Million  
Consumer Spending in Iceland decreased to 173424 ISK Million in the third quarter of 2017 from 189120 ISK Million in the second quarter of 2017.
Friday December 08 2017
Iceland GDP Annual Growth Rate at 3.10 percent  
Iceland GDP advanced 3.1 percent year-on-year in the third quarter of 2017, slowing from an upwardly revised 4.3 percent expansion in the previous period. It is the lowest growth rate since the last three months of 2015 as consumption slowed for both private (6.7 percent compared to 9.3 percent in the second quarter) and public (2.9 percent compared to 3.2 percent) sector. In contrast, gross fixed capital formation surged 19.4 percent (10.3 percent in the previous period), inventories grew 1.7 percent (-0.5 percent in Q2) and the positive contribution from net trade was bigger in spite of exports falling 0.1 percent (+9 percent in Q2) and imports growing 9 percent (+16.5 in Q2). On a quarterly basis, the economy expanded 2.2 percent, recovering from an upwardly revised 1.7 percent contraction in the previous three months.
Friday December 08 2017
Iceland GDP Growth Rate at 2.20 percent  
Iceland GDP advanced 2.2 percent on quarter in the third quarter of 2017, recovering from an upwardly revised 1.7 percent contraction in the previous three months.
Wednesday December 06 2017
Iceland Imports at 60700.00 ISK Million  
Imports in Iceland rose 15.3 percent to ISK 60.7 billion from ISK 52.6 billion in the same month of the previous year, boosted by industrial supplies (24.5 percent); capital goods (22.4 percent); transport equipment (17.9 percent) and consumer goods (15.3 percent).
Wednesday December 06 2017
Iceland Exports at 47700.00 ISK Million  
Exports in Iceland advanced 16.3 percent to ISK 47.7 billion from ISK 41.0 billion in the same month of the previous year, due to manufacturing products (55.3 percent); marine (38.4 percent) and agriculture (4.4 percent).
Wednesday December 06 2017
Iceland Balance of Trade at -13000.00 ISK Million  
Iceland's trade gap increased to ISK 13.0 billion in November of 2017 from a ISK 11.6 billion gap a year earlier. Imports rose 15.3 percent to ISK 60.7 billion, boosted by industrial supplies (24.5 percent); capital goods (22.4 percent); transport equipment (17.9 percent) and consumer goods (15.3 percent). Exports advanced 16.3 percent to ISK 47.7 billion due to manufacturing products (55.3 percent); marine (38.4 percent) and agriculture (4.4 percent).
Tuesday December 05 2017
Iceland Gasoline Prices at 1.86 USD/Liter  
Gasoline Prices in Iceland increased to 1.86 USD/Liter in November from 1.76 USD/Liter in October of 2017.
Monday December 04 2017
Iceland Total External Debt at 2251.63 ISK Billion  
External Debt in Iceland decreased to 2251.63 ISK Billion in the third quarter of 2017 from 2567.80 ISK Billion in the second quarter of 2017.
Monday December 04 2017
Iceland Foreign Direct Investment - Net Inflows at -357.44 ISK Billion  
Foreign Direct Investment in Iceland decreased by 357.44 ISK Billion in the third quarter of 2017.
Monday December 04 2017
Iceland Remittances at 1065.00 ISK Million  
Remittances in Iceland decreased to 1065 ISK Million in the third quarter of 2017 from 1102 ISK Million in the second quarter of 2017.
Monday December 04 2017
Iceland Capital Flows at 71.85 ISK Billion  
Iceland recorded a capital and financial account surplus of 71.85 ISK Billion in the third quarter of 2017.
Monday December 04 2017
Iceland Current Account at 68.14 ISK Billion  
Iceland's current account surplus shrank to ISK 68.1 billion in the third quarter of 2017 from a record high of ISK 100.8 billion in the same period of the previous year. The services surplus decreased to ISK 117.5 billion from ISK 122.7 billion and the primary income surplus fell to ISK 1.6 billion from ISK 2.8 billion. In addition, the goods deficit increased sharply to ISK 47.5 billion from ISK 22.5 billion and the secondary income shortfall also rose to ISK 3.5 billion from ISK 2.4 billion a year ago. Considering January to September, the current account deficit narrowed to ISK 91.2 billion from ISK 147.3 billion in the same period of 2016.
Saturday December 02 2017
Iceland House Price Index at 417.80 Index Points  
Housing Index in Iceland increased to 417.80 Index Points in November from 414.70 Index Points in October of 2017.
Wednesday November 29 2017
Iceland Producer Prices at 192.80 Index Points  
Producer Prices in Iceland increased to 192.80 Index Points in October from 192 Index Points in September of 2017.
Wednesday November 29 2017
Iceland Producer Prices Change at 0.50 percent  
Producer prices in Iceland increased 0.5 percent year-on-year in October of 2017, following a 1.4 percent fall in September. It was the first annual rise in producer prices since August of 2015, as cost advanced faster for power intensive industry products (18.7 percent compared to 12 percent in September) and prices for other manufacturing industry decreased at a softer pace (-17.9 percent compared to -18.3 percent). Meanwhile, prices went down further for marine products (-0.4 percent compared to -0.1 percent) and food products fell further (-2.9 percent compared to -2.8 percent). On a monthly basis, producer prices rose 0.4 percent compared to a 2.8 percent increase in September.
Tuesday November 28 2017
Iceland Food Inflation at -1.40 percent  
Cost of food in Iceland decreased 1.40 percent in November of 2017 over the same month in the previous year.
Tuesday November 28 2017
Iceland Core Inflation Rate at 1.74 percent  
Core Inflation Rate in Iceland increased 1.74 percent in November of 2017 over the same month in the previous year.
Tuesday November 28 2017
Iceland Core Consumer Prices at 251.20 Index Points  
Core Consumer Prices in Iceland decreased to 251.20 Index Points in November from 251.80 Index Points in October of 2017.
Tuesday November 28 2017
Iceland CPI Housing & Utilities at 427.90 Index Points  
CPI Housing Utilities in Iceland increased to 427.90 Index Points in November from 426 Index Points in October of 2017.
Tuesday November 28 2017
Iceland CPI Transportation at 147.73 Index Points  
The transportation sub-index of the CPI basket in Iceland decreased to 147.73 Index Points in November of 2017 from 149.67 Index Points in October of 2017.
Tuesday November 28 2017
Iceland Inflation Rate at 1.70 percent  
Consumer prices in Iceland increased 1.7 percent year-on-year in November of 2017, easing from a 1.9 percent rise in the preceding month. Prices advanced at a softer pace for housing and utilities (11.4 percent vs 11.9 percent in October) and restaurants and hotels (2 percent vs 2.8 percent). In addition, cost fell for transport (-4.6 percent vs -4.5 percent); food (-1.4 percent vs -2.2 percent); recreation and culture (-1.9 percent vs -2.3 percent); furniture and household equipment (-8.7 percent vs -9.1 percent); clothing and footwear (-8.9 percent vs -4.1 percent) and communication (-14.2 percent vs -13.8 percent). On the other hand, prices continued to rise for miscellaneous goods and services (1.4 percent vs 1.1 percent) and health (1.7 percent vs 1 percent). On a monthly basis, consumer prices dropped 0.2 percent, compared to a 0.5 percent increase in October.
Tuesday November 28 2017
Iceland Consumer Price Index (CPI) at 446.00 Index Points  
Consumer Price Index CPI in Iceland decreased to 446 Index Points in November from 446.70 Index Points in October of 2017.
Tuesday November 28 2017
Iceland Inflation Rate MoM at -0.20 percent  
The Consumer Price Index in Iceland decreased 0.20 percent in November of 2017 over the previous month.
Monday November 27 2017
Iceland Labor Force Participation Rate at 82.80 percent  
Labor Force Participation Rate in Iceland increased to 82.80 percent in October from 81.10 percent in September of 2017.
Monday November 27 2017
Iceland Employment Rate at 79.80 percent  
Employment Rate in Iceland increased to 79.80 percent in October from 78.40 percent in September of 2017.
Monday November 27 2017
Iceland Youth Unemployment Rate at 6.10 percent  
Youth Unemployment Rate in Iceland decreased to 6.10 percent in October from 9.90 percent in September of 2017.
Monday November 27 2017
Iceland Employed Persons at 195900.00  
The number of employed persons in Iceland increased to 195900 in October of 2017 from 191800 in September of 2017.
Monday November 27 2017
Iceland Unemployed Persons at 7300.00  
The number of unemployed persons in Iceland increased to 7300 in October of 2017 from 6500 in September of 2017.
Monday November 27 2017
Iceland Unemployment Rate at 3.60 percent  
The seasonally adjusted unemployment rate in Iceland rose to 3.6 percent in October 2017 from an upwardly revised 3.3 percent in the previous month. It was the second-highest jobless rate in 2017, as the number of unemployed increased by 800 to 7,300. In the meantime, the number of employed went up by 4,100 to 195,900, bringing the employment rate to 79.8 percent from 78.4 percent in September. The activity rate increased to 82.8 percent from 81.1 percent in the previous month.
Saturday November 25 2017
Iceland Money Supply M0 at 129841.17 ISK Million  
Money Supply M0 in Iceland increased to 129841.17 ISK Million in October from 115586.34 ISK Million in September of 2017.
Thursday November 23 2017
Iceland Part Time Employment at 37.70 Thousand  
Part Time Employment in Iceland decreased to 37.70 Thousand in the second quarter of 2017 from 47.40 Thousand in the first quarter of 2017.
Wednesday November 22 2017
Iceland Full Time Employment at 148.30 Thousand  
Full Time Employment in Iceland increased to 148.30 Thousand in the second quarter of 2017 from 132.50 Thousand in the first quarter of 2017.
Wednesday November 22 2017
Iceland Terrorism Index at 0.13  
Terrorism Index in Iceland decreased to 0.13 in 2016 from 0.25 in 2015.
Saturday November 18 2017
Iceland Harmonised Consumer Prices at 99.20 Index Points  
Harmonised Consumer Prices in Iceland increased to 99.20 Index Points in October from 98.70 Index Points in September of 2017.
Saturday November 18 2017
Iceland Job Vacancies at 150.00  
Job Vacancies in Iceland decreased to 150 in October from 208 in September of 2017.
Saturday November 18 2017
Iceland Foreign Exchange Reserves at 679859.02 ISK Million  
Foreign Exchange Reserves in Iceland decreased to 679859.02 ISK Million in October from 688419.31 ISK Million in September of 2017.
Wednesday November 15 2017
Iceland Interest Rate at 4.25 percent  
The Central Bank of Iceland left its seven-day term deposits rate steady at 4.25 percent on November 15th, 2017, following a 25bps cut in the previous meeting. Policymakers lowered its GDP growth forecasts to 3.7 percent in 2017 from 7.4 percent in 2016 due to a slowdown in export growth, after several strong years, and a pickup in import growth. House price inflation has eased, which will contribute to lower headline inflation. The outlook is for inflation to align with the target of 2½% in mid-2018 and stay close to target for the remainder of the forecast horizon.
Saturday November 11 2017
Iceland Car Registrations at 1715.00 Cars  
Car Registrations in Iceland decreased to 1715 Cars in October from 1808 Cars in September of 2017.
Tuesday November 07 2017
Iceland Money Supply M3 at 1757.78 ISK Billion  
Money Supply M3 in Iceland increased to 1757.78 ISK Billion in September from 1731.02 ISK Billion in August of 2017.
Tuesday November 07 2017
Iceland Money Supply M1 at 491.72 ISK Billion  
Money Supply M1 in Iceland increased to 491.72 ISK Billion in September from 486.64 ISK Billion in August of 2017.
Tuesday November 07 2017
Iceland Money Supply M2 at 1075.32 ISK Billion  
Money Supply M2 in Iceland increased to 1075.32 ISK Billion in September from 1046.77 ISK Billion in August of 2017.
Monday November 06 2017
Iceland Export Prices at 194.44 Index Points  
Export Prices in Iceland decreased to 194.44 Index Points in 2016 from 216.01 Index Points in 2015.
Friday November 03 2017
Iceland Average Temperature at -2.00 celsius  
Average Temperature in Iceland decreased to -2 celsius in December from 0 celsius in November of 2015.
Friday November 03 2017
Iceland Average Precipitation at 119.00 mm  
Average Precipitation in Iceland increased to 119 mm in December from 110 mm in November of 2015.
Tuesday October 31 2017
Ease of Doing Business in Iceland at 23.00  
Iceland is ranked 23 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Iceland deteriorated to 23 in 2017 from 20 in 2016.
Monday October 30 2017
Iceland Bankruptcies at 57.00 companies  
Bankruptcies in Iceland increased to 57 companies in September from 16 companies in August of 2017.
Monday October 30 2017
Iceland Real Wage Growth at 6.00 percent  
Real wages in Iceland increased 6 percent in September of 2017 over the same month in the previous year.
Monday October 30 2017
Iceland Foreign Visitors at 284124.00  
Tourist Arrivals in Iceland increased to 284124 in August from 271920 in July of 2017.
Friday October 27 2017
Iceland Internet Speed at 16496.34 KBps  
Internet Speed in Iceland decreased to 16496.34 KBps in the first quarter of 2017 from 17443.89 KBps in the fourth quarter of 2016.
Friday October 27 2017
Iceland IP Addresses at 152051.00 IP  
IP Addresses in Iceland increased to 152051 IP in the first quarter of 2017 from 145358 IP in the fourth quarter of 2016.
Thursday October 26 2017
Iceland Central Bank Balance Sheet at 794796.00 ISK Million  
Central Bank Balance Sheet in Iceland increased to 794796 ISK Million in September from 794040 ISK Million in August of 2017.
Thursday October 26 2017
Iceland Banks Balance Sheet at 3461886.00 ISK Million  
Banks Balance Sheet in Iceland increased to 3461886 ISK Million in September from 3414131 ISK Million in August of 2017.
Wednesday October 18 2017
Iceland Competitiveness Index at 4.99 Points  
Iceland scored 4.99 points out of 7 on the 2017-2018 Global Competitiveness Report published by the World Economic Forum.
Wednesday October 18 2017
Iceland Competitiveness Rank at 28.00  
Iceland is the 28 most competitive nation in the world out of 137 countries ranked in the 2017-2018 edition of the Global Competitiveness Report published by the World Economic Forum.
Saturday October 07 2017
Iceland Consumer Confidence at 106.80  
Consumer Confidence in Iceland increased to 106.80 in September from 106.10 in August of 2017.
Thursday September 14 2017
Iceland Government Revenues at 269.30 ISK Billion  
Government Revenues in Iceland increased to 269.30 ISK Billion in the second quarter of 2017 from 265.30 ISK Billion in the first quarter of 2017.
Thursday September 14 2017
Iceland Fiscal Expenditure at 256.40 ISK Billion  
Fiscal Expenditure in Iceland increased to 256.40 ISK Billion in the second quarter of 2017 from 243.20 ISK Billion in the first quarter of 2017.
Thursday September 14 2017
Iceland Government Budget Value at 12.90 ISK Billion  
Iceland recorded a government budget surplus of 12.90 ISK Billion in the second quarter of 2017.
Saturday September 02 2017
Iceland Gold Reserves at 1.98 Tonnes  
Gold Reserves in Iceland remained unchanged at 1.98 Tonnes in the second quarter of 2017 from 1.98 Tonnes in the first quarter of 2017.
Wednesday August 02 2017
Iceland Housing Starts at 1133.00 units  
Housing Starts in Iceland decreased to 1133 units in 2016 from 1612 units in 2015.
Tuesday August 01 2017
Iceland Consumer Confidence Current Conditions at 162.70  
Consumer Confidence Current Conditions in Iceland increased to 162.70 in June from 152.30 in May of 2017.
Tuesday August 01 2017
Iceland Consumer Confidence Economic Expectations at 93.70  
Consumer Confidence Economic Expectations in Iceland decreased to 93.70 in June from 104.40 in May of 2017.
Wednesday July 12 2017
Iceland GDP per capita PPP at 45276.45 USD  
The Gross Domestic Product per capita in Iceland was last recorded at 45276.45 US dollars in 2016, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iceland, when adjusted by Purchasing Power Parity is equivalent to 255 percent of the world's average.
Tuesday July 11 2017
Iceland GDP per capita at 48613.89 USD  
The Gross Domestic Product per capita in Iceland was last recorded at 48613.89 US dollars in 2016. The GDP per Capita in Iceland is equivalent to 385 percent of the world's average.
Monday July 10 2017
Iceland Population at 0.34 Million  
The total population in Iceland was estimated at 0.34 million people on January 1st 2017.
Sunday July 09 2017
Iceland GDP at 20.05 USD Billion  
The Gross Domestic Product (GDP) in Iceland was worth 20.05 billion US dollars in 2016. The GDP value of Iceland represents 0.03 percent of the world economy.
Monday July 03 2017
Iceland Government Budget at 1.30 percent of GDP  
Iceland recorded a Government Budget surplus equal to 1.30 percent of the country's Gross Domestic Product in 2016.
Monday July 03 2017
Iceland Government Debt to GDP at 54.00 percent  
Iceland recorded a government debt equivalent to 54 percent of the country's Gross Domestic Product in 2016.
Monday July 03 2017
Deposit Interest Rate in Iceland at 4.85 percent  
Deposit Interest Rate in Iceland increased to 4.85 in 2004 from 4.81 in 2003.
Monday July 03 2017
Iceland Social Security Rate For Employees at 4.00 percent  
The Social Security Rate For Employees in Iceland stands at 4 percent.
Monday July 03 2017
Iceland Personal Income Tax Rate at 46.30 percent  
The Personal Income Tax Rate in Iceland stands at 46.30 percent.
Monday July 03 2017
Iceland Private Debt to GDP at 323.43 percent  
Private Debt to GDP in Iceland decreased to 323.43 percent in 2015 from 380.37 percent in 2014.
Monday July 03 2017
Iceland Retirement Age - Men at 67.00  
Retirement Age Men in Iceland remained unchanged at 67 in 2016 from 67 in 2015.
Monday July 03 2017
Iceland Retirement Age - Women at 67.00  
Retirement Age Women in Iceland remained unchanged at 67 in 2016 from 67 in 2015.
Monday July 03 2017
Iceland Sales Tax Rate | VAT at 24.00 percent  
The Sales Tax Rate in Iceland stands at 24 percent.
Monday July 03 2017
Iceland Average Monthly Wage at 553000.00 ISK/Month  
Wages in Iceland increased to 553000 ISK/Month in 2015 from 511000 ISK/Month in 2014.
Monday July 03 2017
Iceland Disposable Income per Capita at 3356.10 ISK Thousand  
Disposable Personal Income in Iceland increased to 3356.10 ISK Thousand in 2015 from 3061.50 ISK Thousand in 2014.
Monday July 03 2017
Iceland Corruption Index at 78.00 Points  
Iceland scored 78 points out of 100 on the 2016 Corruption Perceptions Index reported by Transparency International.
Monday July 03 2017
Iceland Corruption Rank at 14.00  
Iceland is the 14 least corrupt nation out of 175 countries, according to the 2016 Corruption Perceptions Index reported by Transparency International.
Monday July 03 2017
Iceland Government Spending to GDP at 41.20 percent  
Government spending in Iceland was last recorded at 41.2 percent of GDP in 2016 .
Monday July 03 2017
Iceland Gross National Income at 1352143.00 ISK Million  
Gross National Product in Iceland increased to 1352143 ISK Million in 2016 from 1213634 ISK Million in 2015.
Monday July 03 2017
Iceland GDP Deflator at 179.66 Index Points  
GDP Deflator in Iceland increased to 179.66 Index Points in 2016 from 176.06 Index Points in 2015.
Monday July 03 2017
Iceland Import Prices at 208.16 Index Points  
Import Prices in Iceland decreased to 208.16 Index Points in 2016 from 236.74 Index Points in 2015.
Monday July 03 2017
Iceland Home Ownership Rate at 77.80 percent  
Home Ownership Rate in Iceland decreased to 77.80 percent in 2015 from 78.20 percent in 2014.
Monday July 03 2017
Iceland Long Term Unemployment Rate at 0.50 percent  
Long Term Unemployment Rate in Iceland decreased to 0.50 percent in 2015 from 0.60 percent in 2014.
Monday July 03 2017
Iceland Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Iceland stands at 20 percent.
Monday July 03 2017
Iceland Social Security Rate at 11.35 percent  
The Social Security Rate in Iceland stands at 11.35 percent.
Monday July 03 2017
Iceland Social Security Rate For Companies at 7.35 percent  
The Social Security Rate For Companies in Iceland stands at 7.35 percent.
Thursday June 29 2017
Iceland Current Account to GDP at 8.00 percent  
Iceland recorded a Current Account surplus of 8 percent of the country's Gross Domestic Product in 2016.
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