Iceland - Economic Indicators

Overview Last Reference
GDP Growth Rate 1.9 % Jun/18
Unemployment Rate 3.7 % Jul/18
Inflation Rate 2.6 % Aug/18
Interest Rate 4.25 % Aug/18
Balance of Trade -14500 ISK Million Aug/18
Government Debt to GDP 42.3 % Dec/17

Markets Last Reference
Currency 110 Sep/18
Stock Market 1260 points Sep/18
Government Bond 10y 5.82 % Sep/18
GDP Last Reference
GDP Growth Rate 1.9 % Jun/18
GDP Annual Growth Rate 7.2 % Jun/18
GDP 23.91 USD Billion Dec/17
GDP Constant Prices 375858 ISK Million Jun/18
Gross National Product 1405632 ISK Million Dec/17
Gross Fixed Capital Formation 80820 ISK Million Jun/18
GDP per capita 49910 USD Dec/17
GDP per capita PPP 46483 USD Dec/17
Labour Last Reference
Unemployment Rate 3.7 % Jul/18
Employed Persons 198700 Jul/18
Unemployed Persons 7700 Jul/18
Labor Force Participation Rate 81.9 % Jul/18
Youth Unemployment Rate 13.6 % Jul/18
Job Vacancies 146 Aug/18
Wages 615000 ISK/Month Dec/16
Wage Growth 3.5 % Jul/18
Population 0.35 Million Dec/18
Retirement Age Women 67 Dec/18
Retirement Age Men 67 Dec/18
Employment Rate 78.8 % Jul/18
Full Time Employment 139 Thousand Mar/18
Part Time Employment 44.1 Thousand Mar/18
Prices Last Reference
Inflation Rate 2.6 % Aug/18
Consumer Price Index CPI 390 Index Points Aug/18
Harmonised Consumer Prices 102 Index Points Aug/18
Core Consumer Prices 256 Index Points Aug/18
Core Inflation Rate 2.3 % Aug/18
GDP Deflator 180 Index Points Dec/17
Producer Prices 201 Index Points Jul/18
Export Prices 187 Index Points Dec/17
Import Prices 197 Index Points Dec/17
CPI Housing Utilities 444 Index Points Aug/18
CPI Transportation 154 Index Points Aug/18
Food Inflation 2.8 % Jul/18
Inflation Rate Mom 0.2 % Aug/18
Producer Prices Change 9 % Jul/18
Money Last Reference
Interest Rate 4.25 % Aug/18
Interbank Rate 4.45 % Sep/18
Money Supply M0 122 ISK Billion Jun/18
Money Supply M1 510 ISK Billion Jun/18
Money Supply M2 1118 ISK Billion Jun/18
Money Supply M3 1816 ISK Billion Jun/18
Banks Balance Sheet 3598653 ISK Million Jun/18
Foreign Exchange Reserves 684405 ISK Million Aug/18
Central Bank Balance Sheet 729296 ISK Million Jun/18
Private Debt to GDP 315 % Dec/16
Trade Last Reference
Balance of Trade -14500 ISK Million Aug/18
Exports 50900 ISK Million Aug/18
Imports 65400 ISK Million Aug/18
Current Account 1.65 ISK Billion Jun/18
Current Account to GDP 3.7 % Dec/17
External Debt 2322 ISK Billion Jun/18
Capital Flows 56.86 ISK Billion Mar/18
Gold Reserves 2 Tonnes Jun/18
Foreign Direct Investment -7.17 ISK Billion Jun/18
Remittances 1113 ISK Million Mar/18
Terrorism Index 0.13 Dec/16
Tourist Arrivals 233874 Jun/18
Government Last Reference
Government Debt to GDP 42.3 % Dec/17
Government Budget 1.5 % of GDP Dec/17
Government Budget Value 9.6 ISK Billion Mar/18
Government Spending 76178 ISK Million Jun/18
Government Spending to GDP 41.9 % Dec/17
Government Revenues 275 ISK Billion Mar/18
Fiscal Expenditure 265 ISK Billion Mar/18
Asylum Applications 60 persons Aug/18
Credit Rating 55.45
Business Last Reference
Changes in Inventories -2639 ISK Million Jun/18
Car Registrations 2015 Aug/18
Internet Speed 16496 KBps Mar/17
IP Addresses 152051 IP Mar/17
Bankruptcies 10 Companies Jul/18
Competitiveness Index 4.99 Points Dec/18
Competitiveness Rank 28 Dec/18
Corruption Index 77 Points Dec/17
Corruption Rank 13 Dec/17
Ease of Doing Business 23 Dec/17
Consumer Last Reference
Consumer Confidence 104 Index Points Jun/18
Consumer Spending 198626 ISK Million Jun/18
Disposable Personal Income 3635 ISK Thousand Dec/16
Gasoline Prices 2.05 USD/Liter Aug/18
Housing Last Reference
Housing Index 435 Index Points Aug/18
Home Ownership Rate 78.7 % Dec/16
Housing Starts 2836 units Dec/17
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.