CountryInformation on item
FrequencyAnnual
Time2012201320142015201620172018201920202021
VariableUnit
External sectors, trade and paymentsBalance of primary income (balance of payments basis)Information on itemIceland KronaInformation on item-166 897 000 000.000-23 540 000 000.000-29 956 000 000.000-7 125 000 000.00045 453 000 000.0009 898 000 000.00017 409 000 000.00036 133 881 919.30630 239 685 344.23532 315 995 712.954
Balance of primary income in USD (balance of payments basis)Information on itemUS DollarInformation on item-1 330 776 892.858-190 766 729.753-263 925 387.321-50 363 210.576376 847 283.12888 851 839.367152 401 692.182295 675 511.770241 917 482.754258 527 965.704
Balance of secondary income (balance of payments basis)Information on itemIceland KronaInformation on item-9 650 999 999.999-13 897 000 000.000-14 029 999 999.999-38 384 000 000.000-12 440 999 999.999-19 592 000 000.003-22 337 000 000.001-29 849 858 853.857-28 239 335 043.423-26 739 335 043.423
Balance of secondary income in USD (balance of payments basis)Information on itemUS DollarInformation on item-77 079 839.528-113 915 481.445-120 151 835.303-291 803 999.264-102 954 234.098-183 528 858.488-206 892 988.411-242 781 262.794-225 914 680.347-213 914 680.347
Competitors' price of goods and services exportsInformation on itemIndex, 2015Information on item1.1261.1031.0361.0000.8790.8090.8680.9570.9780.995
Competitors' price of non-commodity goods and services exportsInformation on itemIndex, 2015Information on item1.0121.0090.9691.0000.8860.8010.8480.9450.9771.000
Contribution to world trade growth, goods and services (in USD, OECD reference year prices)Information on itemPercentageInformation on item0.0010.0010.0020.0040.0050.0040.001-0.0030.0010.001
Current account balanceInformation on itemIceland KronaInformation on item-70 333 000 000.000113 008 000 000.00081 427 000 000.000118 135 000 000.000188 536 000 000.00098 724 000 000.00079 102 000 000.000120 282 461 591.87478 714 463 392.68184 512 690 875.274
Current account balance as a percentage of GDPInformation on itemPercentageInformation on item-3.8195.7693.9275.1507.5693.7782.8154.0602.5322.579
Current account balance in USDInformation on itemUS DollarInformation on item-557 474 304.544928 214 063.469680 628 459.121896 129 989.5721 585 332 033.861921 802 605.463723 364 224.098986 120 916.272629 715 707.141676 101 527.002
Current account balance in USD, residual itemInformation on itemUS DollarInformation on item-3 363.03132 872.074115 754.015-33 819.19256 083.226108 931.739-54 213.045-1 574 044.2210.0000.000
Current account balance, residual itemInformation on itemIceland KronaInformation on item2 070 181.9991 255 085.000-374 744.001-310 244.000-1 033 057.0021 615 457.003-111 294.999-194 061 035.1160.0000.000
Exchange rate, national currency per USDInformation on itemIceland KronaInformation on item125.118122.167116.688131.896120.835106.823108.269122.994125.000125.000
Exchange rate, USD per national currencyInformation on itemUS DollarInformation on item0.0080.0080.0090.0080.0080.0090.0090.0080.0080.008
Export market for goods and services, volume in USDInformation on itemUS Dollar, 2015Information on item7 621 026 994.3257 828 739 700.6688 116 116 100.8328 555 059 810.6788 708 447 203.7039 182 762 024.0059 442 070 315.9499 645 833 816.0609 795 054 933.69110 009 653 157.109
Export performance for goods and services, volumeInformation on itemRatioInformation on item0.9841.0221.0171.0531.1481.1471.1351.0581.0411.041
Exports of goods and services, nominal value in USD (national accounts basis)Information on itemUS DollarInformation on item8 099 264 953.1228 582 289 631.5839 150 830 861.8729 008 051 130.2099 849 318 244.64411 314 030 534.03812 255 279 050.62211 042 182 746.17211 149 513 941.98511 623 152 176.524
Exports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item7 499 066 148.1768 002 399 137.0158 255 637 991.2579 008 051 130.2099 993 054 316.10110 536 515 151.92310 713 347 207.36910 204 240 100.84010 200 949 677.02710 424 412 995.894
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item6 855 376 633.7877 111 196 516.2047 542 018 976.7198 388 885 620.9079 444 362 070.83510 262 615 021.43910 393 310 869.8249 697 957 488.4159 820 544 325.13810 039 296 513.425
Import penetration, goods and servicesInformation on itemRatioInformation on item0.2270.2190.2320.2470.2600.2750.2670.2490.2510.250
Imports of goods and services, nominal value in USD (national accounts basis)Information on itemUS DollarInformation on item7 248 879 162.2497 349 426 228.9898 086 240 934.1437 769 720 111.6048 537 935 343.03910 297 659 841.19311 477 369 317.24910 107 382 034.65610 535 801 037.25010 991 663 934.878
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item6 211 687 119.3996 219 993 895.3926 828 399 962.1827 769 720 111.6048 895 669 825.5699 988 714 890.95410 073 274 532.2799 191 674 875.9899 440 138 973.2499 654 180 030.956
Indicator of competitiveness based on relative consumer pricesInformation on itemIndex, 2015=100Information on item84.85188.41395.047100.000112.218124.782121.144113.218112.598112.175
Indicator of competitiveness based on relative unit labour costs in total economyInformation on itemIndex, 2015=100Information on item80.14082.99290.946100.000115.527133.652129.332119.332119.621119.429
Net exports of goods and services, nominal value in USD (national accounts basis)Information on itemUS DollarInformation on item850 385 790.8731 232 863 402.5931 064 589 927.7291 238 331 018.6041 311 382 901.6051 016 370 692.845777 909 733.373934 800 711.516613 712 904.735631 488 241.646
Nominal effective exchange rate, chain-linked, overall weightsInformation on itemIndex, 2015=100Information on item87.07689.05995.388100.000112.118124.789120.367111.191110.402110.402
Price of commodity exportsInformation on itemIndex, 2015Information on item1.4641.3141.1081.0000.9120.8240.8430.8930.8870.887
Price of commodity importsInformation on itemIndex, 2015Information on item1.6181.4971.3281.0000.8350.8450.9841.0351.0171.017
Price of non-commodity exports of goods and servicesInformation on itemIndex, 2015Information on item0.8960.8960.9421.0000.8980.8780.9651.0431.0811.109
Price of non-commodity imports of goods and servicesInformation on itemIndex, 2015Information on item1.0241.0140.9921.0000.8850.8310.9241.0221.0641.090
Real effective exchange rate, constant trade weightsInformation on itemIndex, 2015Information on item0.8250.8410.9151.0011.1271.2351.2071.1461.1551.162
Relative price of exported goods and servicesInformation on itemRatioInformation on item1.9651.9442.0442.1602.2122.3162.3312.2762.2872.293
Relative price of imported goods and servicesInformation on itemRatioInformation on item1.5571.5001.3861.2801.1031.0431.1241.1741.1701.161
Shadow price of goods and services importsInformation on itemIndex, 2015Information on item1.1381.1241.0521.0000.8770.8080.8690.9480.9680.985
Shadow price of non-commodity goods and services importsInformation on itemIndex, 2015Information on item1.0161.0290.9841.0000.8830.7960.8450.9280.9550.979
Share of country's trade in world trade (volume, in USD at OECD reference year prices)Information on itemPercentage, 2015Information on item0.0000.0000.0000.0000.0000.0000.0000.0000.0000.000
Share of value exports of goods and services in world exports in USDInformation on itemRatioInformation on item0.0360.0370.0390.0430.0480.0500.0500.0450.0450.045
Share of value imports of goods and services in world imports in USDInformation on itemRatioInformation on item0.0330.0330.0350.0380.0430.0470.0470.0420.0430.043
Terms of trade, goods and servicesInformation on itemRatio, 2005Information on item0.8440.8280.8550.9120.9340.9500.9150.8970.8930.893
Government accountsCapital tax and transfers receiptsInformation on itemIceland KronaInformation on item2 339 080 000.0002 907 670 000.0002 992 760 000.0003 541 330 000.000388 526 570 000.00010 222 560 000.00017 031 670 000.0000.0000.0002 000 000 000.000
Capital transfers paid and other capital paymentsInformation on itemIceland KronaInformation on item26 656 210 000.00016 465 880 000.00046 822 300 000.00031 033 620 000.000136 232 660 000.00050 225 970 000.00018 255 590 000.00015 892 730 681.03919 023 117 027.30419 263 915 977.017
Current disbursements of general governmentInformation on itemIceland KronaInformation on item783 600 590 000.000810 328 210 000.000851 022 530 000.000907 189 140 000.000959 715 190 000.0001 039 935 880 000.0001 097 079 420 000.0001 148 248 911 700.7301 212 474 958 630.2601 274 962 056 513.090
Current disbursements of general government as a percentage of GDPInformation on itemPercentageInformation on item42.54741.36541.04239.54738.52839.79839.04238.75739.00238.906
Current disbursements of general government excluding gross interest paymentsInformation on itemIceland KronaInformation on item699 534 390 000.000723 823 000 000.000756 611 250 000.000805 465 250 000.000861 410 830 000.000938 505 010 000.0001 017 308 130 000.0001 075 396 152 339.3501 135 431 317 863.6301 194 156 075 555.890
Current receipts of general governmentInformation on itemIceland KronaInformation on item738 429 110 000.000792 824 370 000.000903 995 310 000.000927 424 610 000.0001 029 774 540 000.0001 128 031 840 000.0001 186 520 920 000.0001 201 532 636 926.8801 286 789 702 668.1701 351 804 514 089.640
Current receipts of general government as a percentage of GDPInformation on itemPercentageInformation on item40.09440.47243.59640.42941.34143.17042.22440.55541.39341.250
Current receipts of general government excluding gross interest receiptsInformation on itemIceland KronaInformation on item712 986 170 000.000771 645 320 000.000882 706 120 000.000909 174 630 000.0001 007 098 590 000.0001 107 785 990 000.0001 167 671 240 000.0001 180 883 851 164.7201 265 695 396 463.9001 330 710 207 885.370
Direct taxes on businessInformation on itemIceland KronaInformation on item50 839 690 000.00056 567 860 000.00086 779 050 000.00076 646 090 000.00084 330 240 000.00097 719 860 000.00092 177 460 000.00089 001 718 056.70994 810 173 609.53999 360 825 893.159
General government consumption of fixed capitalInformation on itemIceland KronaInformation on item50 713 430 000.00051 171 890 000.00051 092 420 000.00053 107 630 000.00053 538 770 000.00053 328 390 000.00057 550 810 000.00059 142 989 880.08859 617 555 124.40860 095 928 295.442
General government final consumption expenditure, nominal value, appropriation accountInformation on itemIceland KronaInformation on item450 040 620 000.000472 119 420 000.000496 321 130 000.000535 250 580 000.000570 663 310 000.000615 080 450 000.000669 539 420 000.000714 066 008 268.840766 367 137 643.027818 574 394 045.176
General government fixed capital formation, nominal value, appropriation accountInformation on itemIceland KronaInformation on item47 685 530 000.00054 907 810 000.00061 727 580 000.00064 010 740 000.00066 303 850 000.00087 280 010 000.000122 783 050 000.000122 502 307 752.597146 480 860 654.819163 665 755 673.492
General government gross financial liabilitiesInformation on itemIceland KronaInformation on item1 695 559 100 000.0001 649 789 000 000.0001 597 641 294 290.2201 607 362 083 977.9101 603 876 728 403.5701 657 285 139 294.2201 743 295 317 848.0801 853 728 679 510.1801 966 108 047 883.0002 103 224 975 954.530
General government gross financial liabilities as a percentage of GDPInformation on itemRatioInformation on item92.06384.21877.04870.07064.38963.42462.03862.56963.24464.180
General government net lendingInformation on itemIceland KronaInformation on item-66 460 710 000.000-34 797 970 000.000-1 491 920 000.000-18 159 930 000.000309 588 180 000.00014 140 930 000.00022 985 340 000.000-25 968 323 327.393-31 571 678 519.813-43 991 285 778.515
General government net lending as a percentage of GDPInformation on itemPercentageInformation on item-3.609-1.776-0.072-0.79212.4290.5410.818-0.877-1.016-1.342
General government primary balanceInformation on itemIceland KronaInformation on item-7 837 450 000.00030 528 190 000.00071 630 170 000.00065 313 980 000.000385 216 590 000.00095 325 950 000.00083 906 950 000.00026 235 650 271.82924 377 656 042.55415 720 388 974.414
General government primary balance as a percentage of GDPInformation on itemPercentageInformation on item-0.4261.5583.4542.84715.4653.6482.9860.8860.7840.480
Gross general government interest paymentsInformation on itemIceland KronaInformation on item84 066 200 000.00086 505 210 000.00094 411 280 000.000101 723 890 000.00098 304 360 000.000101 430 870 000.00079 771 290 000.00072 852 759 361.38477 043 640 766.62980 805 980 957.192
Net capital outlays of the governmentInformation on itemIceland KronaInformation on item21 289 230 000.00017 294 130 000.00054 464 700 000.00038 395 400 000.000-239 528 830 000.00073 955 030 000.00066 456 160 000.00079 252 048 553.547105 886 422 557.715120 833 743 355.067
Net general government interest paymentsInformation on itemIceland KronaInformation on item58 623 260 000.00065 326 160 000.00073 122 090 000.00083 473 910 000.00075 628 410 000.00081 185 020 000.00060 921 610 000.00052 203 973 599.22255 949 334 562.36659 711 674 752.929
Net general government interest payments as a percentage of GDPInformation on itemPercentageInformation on item3.1833.3353.5263.6393.0363.1072.1681.7621.8001.822
Net general government savingInformation on itemIceland KronaInformation on item-45 171 480 000.000-17 503 840 000.00052 972 780 000.00020 235 470 000.00070 059 350 000.00088 095 960 000.00089 441 500 000.00053 283 725 226.15474 314 744 037.90376 842 457 576.552
Other current outlays of general governmentInformation on itemIceland KronaInformation on item114 543 330 000.000118 059 030 000.000120 848 880 000.000128 515 760 000.000143 011 560 000.000156 957 780 000.000165 408 330 000.000171 117 063 545.156173 339 910 518.902175 167 622 280.485
Other current receipts of general governmentInformation on itemIceland KronaInformation on item66 817 530 000.00068 236 740 000.00070 730 430 000.00077 046 950 000.00080 974 870 000.00087 518 500 000.00087 997 610 000.00088 229 869 783.57690 403 085 518.55993 330 506 325.423
Property income paid by general governmentInformation on itemIceland KronaInformation on item84 066 200 000.00086 505 210 000.00094 411 280 000.000101 723 890 000.00098 304 360 000.000101 430 870 000.00079 771 290 000.00072 852 759 361.38477 043 640 766.62980 805 980 957.192
Property income paid by general government, excluding interest paymentsInformation on itemIceland KronaInformation on item0.0000.0000.0000.0000.0000.0000.0000.0000.0000.000
Property income received by general governmentInformation on itemIceland KronaInformation on item47 305 340 000.00051 116 450 000.00061 745 070 000.00041 655 660 000.00071 503 550 000.00062 517 380 000.00066 068 950 000.00075 823 288 595.34678 988 798 285.61482 123 410 179.932
Property income received by general government, excluding interest receiptsInformation on itemIceland KronaInformation on item21 862 400 000.00029 937 400 000.00040 455 880 000.00023 405 680 000.00048 827 600 000.00042 271 530 000.00047 219 270 000.00055 174 502 833.18457 894 492 081.35161 029 103 975.669
Share of outstanding marketable debt to refinance within coming periodInformation on itemRatioInformation on item..0.0490.0530.0820.0540.0920.0500.0810.0810.081
Social security benefits paid by general governmentInformation on itemIceland KronaInformation on item134 950 440 000.000133 644 550 000.000139 441 240 000.000141 698 910 000.000147 735 960 000.000166 466 780 000.000182 360 380 000.000190 213 080 525.349195 724 269 701.703200 414 059 230.232
Social security contributions received by general governmentInformation on itemIceland KronaInformation on item64 882 420 000.00069 898 830 000.00073 432 480 000.00079 707 300 000.00085 369 990 000.00089 649 060 000.00098 229 530 000.000101 796 735 189.821108 710 533 260.157114 595 944 362.500
Taxes and social security contributions received by general government as a percentage of GDPInformation on itemPercentageInformation on item33.89834.37937.20735.25535.22037.42836.74235.01835.94435.896
Taxes on production and importsInformation on itemIceland KronaInformation on item254 688 730 000.000266 921 590 000.000314 238 980 000.000334 900 110 000.000349 359 790 000.000390 591 540 000.000408 288 570 000.000409 652 640 917.404440 325 701 315.334464 941 343 588.550
Total direct taxes received by general governmentInformation on itemIceland KronaInformation on item304 735 090 000.000336 650 760 000.000383 848 350 000.000394 114 590 000.000442 566 340 000.000497 755 360 000.000525 936 260 000.000526 030 102 440.736568 361 584 288.501596 813 309 633.233
Total disbursements of general governmentInformation on itemIceland KronaInformation on item807 228 900 000.000830 530 010 000.000908 479 990 000.000949 125 870 000.0001 108 712 930 000.0001 124 113 470 000.0001 180 567 250 000.0001 227 500 960 254.2801 318 361 381 187.9801 397 795 799 868.150
Total disbursements of general government as a percentage of GDPInformation on itemPercentageInformation on item43.83042.39643.81341.37544.51043.02042.01341.43242.40842.654
Total receipts of general governmentInformation on itemIceland KronaInformation on item740 768 190 000.000795 732 040 000.000906 988 070 000.000930 965 940 000.0001 418 301 110 000.0001 138 254 400 000.0001 203 552 590 000.0001 201 532 636 926.8801 286 789 702 668.1701 353 804 514 089.640
Total receipts of general government as a percentage of GDPInformation on itemPercentageInformation on item40.22140.62043.74140.58456.93843.56142.83140.55541.39341.311
Expenditure and GDPChange in inventories, contributions to changes in real GDPInformation on itemPercentage, 2005Information on item-0.0010.006-0.009-0.010-0.006-0.0050.004-0.0010.0010.000
Exports of goods and services, nominal value (national accounts basis)Information on itemIceland KronaInformation on item1 013 268 743 519.0001 047 907 791 040.0001 068 319 919 418.0001 188 373 848 210.0001 186 615 515 283.0001 206 291 439 297.0001 324 446 596 213.0001 357 349 329 343.3001 393 689 242 748.1001 452 894 022 065.450
Exports of goods and services, volume (national accounts basis)Information on itemIceland Krona, 2005Information on item457 995 122 265.000488 735 490 360.000504 201 704 115.000550 154 298 846.000610 312 009 905.000643 503 130 910.000654 302 904 809.000623 209 890 439.864623 008 932 343.647636 656 646 342.149
Final domestic expenditure, nominal valueInformation on itemIceland KronaInformation on item1 733 716 044 163.0001 813 470 187 285.0001 946 102 112 616.0002 126 814 417 252.0002 332 485 159 970.0002 503 856 881 255.0002 715 273 714 731.0002 855 677 049 011.2603 032 591 048 291.6403 198 711 066 443.630
Final domestic expenditure, volumeInformation on itemIceland Krona, 2005Information on item1 000 187 059 287.6701 010 784 569 119.8801 060 064 579 767.6801 131 399 278 219.0801 222 176 678 096.0301 313 214 202 198.5201 369 133 211 374.0601 365 562 867 677.8301 403 447 035 595.4401 440 212 735 270.430
Government final consumption expenditure, nominal value, GDP expenditure approachInformation on itemIceland KronaInformation on item450 040 630 473.000472 119 437 429.000496 321 126 726.000535 250 582 732.000570 663 306 123.000613 925 034 921.000666 999 349 614.000720 838 456 272.551773 635 627 574.404826 338 035 580.614
Government final consumption expenditure, volumeInformation on itemIceland Krona, 2005Information on item271 397 501 550.000273 349 983 256.000277 003 760 758.000279 929 112 541.000285 351 281 034.000295 845 105 880.000306 256 039 306.000315 335 965 514.682324 007 708 298.521332 096 999 483.937
Government gross fixed capital formation, volumeInformation on itemIceland Krona, 2005Information on item25 135 000 000.00028 179 000 000.00031 704 000 000.00030 873 000 000.00030 847 000 000.00037 761 000 000.00048 450 000 000.00044 203 665 000.00046 616 580 012.91048 509 400 093.920
Gross capital formation, total, nominal valueInformation on itemIceland KronaInformation on item296 072 707 535.000301 678 650 417.000358 575 542 684.000448 482 803 698.000528 819 969 736.000573 140 280 358.000639 141 436 127.000612 958 066 286.621681 150 412 785.486738 694 148 591.601
Gross capital formation, total, volumeInformation on itemIceland Krona, 2005Information on item188 489 787 410.000199 001 637 466.000219 983 833 804.000254 256 723 590.000291 094 693 400.000313 895 298 824.000331 643 825 887.000301 292 760 849.782316 589 522 189.797329 554 622 528.244
Gross domestic product per capita, volumeInformation on itemIceland Krona, 2005Information on item3 601 134.0233 714 097.7553 749 758.6953 887 463.4464 088 237.3404 168 837.1844 255 678.6324 259 994.4154 302 025.6064 385 783.954
Gross domestic product per capita, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item45 264.85646 684.76647 133.01048 863.90651 387.55552 400.66453 492.22753 546.47554 074.79155 127.601
Gross domestic product, nominal value in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item13 966 123 156.91514 855 114 693.76715 724 140 265.72917 395 372 679.28418 889 168 337.97119 815 004 962.38221 308 906 185.44722 466 590 700.81623 574 147 307.78724 850 534 747.987
Gross domestic product, nominal value, market pricesInformation on itemIceland KronaInformation on item1 841 728 745 546.0001 958 961 083 366.0002 073 560 486 401.0002 293 947 829 542.0002 490 936 383 464.0002 613 027 525 415.0002 810 030 000 233.0002 962 695 190 584.9703 108 749 955 923.7903 277 068 637 683.850
Gross domestic product, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item14 516 439 297.81515 116 527 283.67415 431 347 580.53816 164 179 961.26417 235 386 089.69117 994 388 069.83318 861 894 315.32219 011 003 357.74119 323 835 891.20719 821 872 523.340
Gross domestic product, volume in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item15 624 475 454.27916 270 368 005.00116 609 218 455.85417 397 987 747.68018 550 958 770.16719 367 895 180.34320 301 617 959.11720 462 108 457.19920 798 819 419.17621 334 871 062.038
Gross domestic product, volume, market pricesInformation on itemIceland Krona, 2005Information on item1 154 883 681 294.0001 202 624 853 078.0001 227 670 996 690.0001 285 972 908 079.0001 371 194 803 865.0001 431 578 688 849.0001 500 594 842 589.0001 512 457 503 692.7201 537 345 506 905.2101 576 967 783 920.760
Gross fixed capital formation, housing, volumeInformation on itemIceland Krona, 2005Information on item24 665 000 000.00027 329 000 000.00031 527 000 000.00030 525 000 000.00038 582 000 000.00046 553 000 000.00054 117 000 000.00076 257 000 000.00082 799 283 300.33487 873 273 654.572
Gross fixed capital formation, total, nominal valueInformation on itemIceland KronaInformation on item294 272 935 970.000306 631 499 251.000356 530 543 643.000444 993 701 652.000525 893 779 299.000572 386 020 741.000628 415 261 920.000620 132 424 274.450681 705 618 245.202739 272 607 557.124
Gross fixed capital formation, total, volumeInformation on itemIceland Krona, 2005Information on item158 876 000 000.000162 321 000 000.000188 110 000 000.000228 269 000 000.000268 861 000 000.000296 383 000 000.000308 153 000 000.000280 963 541 975.790293 979 921 626.591306 009 297 888.458
Imports of goods and services, nominal value (national accounts basis)Information on itemIceland KronaInformation on item907 055 813 701.000897 464 046 125.000942 906 544 674.0001 024 729 537 966.0001 031 090 482 226.0001 097 875 054 754.0001 240 416 484 918.0001 243 156 829 781.7601 316 975 129 656.2301 373 957 991 859.710
Imports of goods and services, volume (national accounts basis)Information on itemIceland Krona, 2005Information on item345 935 755 458.000346 398 369 040.000380 281 178 701.000432 704 343 416.000495 409 733 662.000556 282 627 479.000560 991 847 831.000511 894 583 714.518525 731 825 278.333537 652 009 533.218
Net exports of goods and services, nominal value (national accounts basis)Information on itemIceland KronaInformation on item106 212 929 818.000150 443 744 915.000125 413 374 744.000163 644 310 244.000155 525 033 057.000108 416 384 543.00084 030 111 295.000114 192 499 561.54176 714 113 091.86978 936 030 205.743
Net exports, contributions to changes in real GDPInformation on itemPercentage, 2005Information on item-0.0020.036-0.028-0.016-0.008-0.0250.0040.016-0.0110.000
Private final consumption expenditure, nominal value, GDP expenditure approachInformation on itemIceland KronaInformation on item989 402 477 720.0001 034 719 250 605.0001 093 250 442 247.0001 146 570 132 868.0001 235 928 074 548.0001 317 545 825 593.0001 419 859 103 197.0001 514 706 168 464.2501 577 249 802 472.0301 633 100 423 305.900
Private final consumption expenditure, volumeInformation on itemIceland Krona, 2005Information on item582 937 025 527.000587 936 111 036.000606 762 876 714.000634 337 116 518.000679 846 553 188.000734 617 780 714.000769 383 920 418.000785 619 779 027.546802 004 447 039.390818 364 799 707.429
Private non-residential and government fixed capital formation, volumeInformation on itemIceland Krona, 2005Information on item134 211 000 000.000134 992 000 000.000156 583 000 000.000197 744 000 000.000230 279 000 000.000249 830 000 000.000254 036 000 000.000204 706 541 975.790211 180 638 326.257218 136 024 233.886
Private non-residential gross fixed capital formation, volumeInformation on itemIceland Krona, 2005Information on item111 927 452 537.057109 745 477 720.971128 211 514 327.213171 322 723 479.246204 124 309 287.112215 483 091 783.482205 769 367 301.581153 192 961 200.373156 989 334 923.292161 741 950 338.215
Total domestic expenditure, volumeInformation on itemIceland Krona, 2005Information on item1 030 801 760 044.3001 047 049 535 631.8601 089 236 112 021.1101 151 854 912 692.1701 237 435 851 536.6801 323 612 826 369.2201 385 142 132 637.3401 377 072 780 785.3901 415 790 405 197.6601 452 886 282 786.220
Total expenditure, volumeInformation on itemIceland Krona, 2005Information on item1 527 119 956 384.9901 579 048 421 664.4601 637 212 897 140.9301 751 399 735 591.9601 901 860 703 713.6102 026 048 136 808.6702 100 816 994 959.1602 059 788 634 078.1002 098 589 312 355.8802 150 745 329 470.190
Total expenditure, volume in USDInformation on itemUS Dollar, 2015Information on item21 943 358 939.92622 689 524 915.99323 525 296 826.11525 166 060 390.14927 328 051 015.79629 112 514 252.51730 186 876 410.55529 597 335 264.31730 154 866 587.90630 904 302 281.960
Selected variables: ready-made growth ratesCore inflationInformation on itemPercentage, 2005Information on item4.5874.0982.7342.0942.1622.4262.5272.9042.4182.091
Export performance for goods and services, volume, growthInformation on itemPercentageInformation on item2.2163.881-0.4883.5168.981-0.008-1.114-6.764-1.5550.000
Exports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2005Information on item3.5986.7123.1659.11410.9355.4381.678-4.752-0.0322.191
Final domestic expenditure, volume, growthInformation on itemPercentage, 2005Information on item1.4931.0604.8756.7298.0237.4494.258-0.2612.7742.620
Goods and services trade, volume in USD, growthInformation on itemPercentage, 2015Information on item4.0513.7326.05811.22912.5828.6641.274-6.6901.2642.227
Government final consumption expenditure, volume, growthInformation on itemPercentage, 2005Information on item-1.7740.7191.3371.0561.9373.6783.5192.9652.7502.497
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2005Information on item3.4402.1433.6915.6131.8380.4772.5934.6063.2312.766
Gross domestic product, nominal value, growthInformation on itemPercentageInformation on item4.7816.3655.85010.6288.5874.9017.5395.4334.9305.414
Gross domestic product, volume, growthInformation on itemPercentage, 2005Information on item1.2964.1342.0834.7496.6274.4044.8210.7911.6462.577
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2005Information on item5.1562.16815.88821.34917.78310.2373.971-8.8234.6334.092
Headline inflationInformation on itemPercentage, 2005Information on item5.1863.8722.0451.6331.6971.7602.6833.0302.3532.091
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2005Information on item4.6040.1349.78113.78514.49212.2870.847-8.7522.7032.267
Potential output, volume, growthInformation on itemPercentage, 2005Information on item1.7101.8182.0912.6033.0733.2893.2262.9412.5422.387
Private final consumption expenditure, deflator, growthInformation on itemPercentage, 2005Information on item5.8893.6912.3780.3180.578-1.3442.8964.4752.0021.471
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2005Information on item1.9300.8583.2024.5447.1748.0564.7332.1102.0862.040
Productive capital stock, volume, annual average, growthInformation on itemPercentage, 2005Information on item-0.468-0.431-0.0071.0802.1552.7362.7772.4221.7591.755
Productive capital stock, volume, growthInformation on itemPercentage, 2005Information on item-0.419-0.4370.2521.5762.4972.8762.7202.0831.7251.802
Total domestic expenditure, volume, growth Information on itemPercentage, 2005Information on item1.1621.5764.0295.7497.4306.9644.649-0.5832.8122.620
Total employment, growthInformation on itemPercentageInformation on item1.0003.4741.5713.3613.7421.7582.3071.6040.3120.802
Supply blockCyclically-adjusted current disbursements of general governmentInformation on itemIceland KronaInformation on item773 132 283 921.110802 718 087 247.576843 048 784 767.531902 007 640 685.201959 980 961 362.1261 042 287 888 484.1601 102 723 618 328.0601 149 641 933 585.6301 211 978 436 021.9101 274 879 825 461.550
Cyclically-adjusted current disbursements of general government as a percentage of potential GDPInformation on itemRatioInformation on item38.93138.86638.56038.07338.60240.38540.34539.06038.90138.890
Cyclically-adjusted current disbursements of general government excluding gross interest paymentsInformation on itemIceland KronaInformation on item689 068 440 936.028716 208 244 670.497748 639 308 949.533800 285 035 991.824861 693 326 662.608940 830 089 150.6061 022 960 462 639.7201 076 814 247 881.3101 134 934 711 738.2301 194 077 020 542.300
Cyclically-adjusted current disbursements of general government excluding gross interest payments, as a percentage of potential GDPInformation on itemRatioInformation on item34.69834.67834.24233.77934.65036.45437.42736.58636.42836.425
Cyclically-adjusted current receipts of general governmentInformation on itemIceland KronaInformation on item809 756 592 050.278846 038 894 798.702965 517 486 348.346966 306 337 277.2011 028 299 369 591.9501 110 786 369 230.1601 146 092 088 803.0001 192 050 561 821.5501 290 315 500 453.0101 352 379 411 335.670
Cyclically-adjusted current receipts of general government as a percentage of potential GDPInformation on itemRatioInformation on item40.77540.96444.16140.78741.34943.03941.93140.50141.41541.254
Cyclically-adjusted direct taxes on businessInformation on itemIceland KronaInformation on item59 022 190 352.87662 811 775 842.81996 373 260 008.70181 701 666 428.02184 056 936 229.91695 355 174 771.28187 257 353 503.39387 848 119 962.30795 221 680 508.36699 425 970 042.618
Cyclically-adjusted direct taxes on householdsInformation on itemIceland KronaInformation on item291 006 411 636.239308 215 030 466.552326 955 983 090.039336 557 873 227.934357 174 635 415.417391 177 058 081.640412 544 671 577.362431 847 285 312.713475 429 956 948.595497 750 618 760.083
Cyclically-adjusted general government net lendingInformation on itemIceland KronaInformation on item15 335 078 129.16826 026 677 551.12668 004 001 580.81525 903 296 592.001307 847 238 229.823-5 456 549 253.995-23 087 689 525.063-36 843 420 317.622-27 549 358 126.614-43 334 157 480.948
Cyclically-adjusted general government net lending as a percentage of potential GDPInformation on itemRatioInformation on item0.7721.2603.1101.09312.379-0.211-0.845-1.252-0.884-1.322
Cyclically-adjusted general government primary balanceInformation on itemIceland KronaInformation on item73 958 338 129.16891 352 837 551.126141 126 091 580.815109 377 206 592.001383 475 648 229.82375 728 470 746.00537 833 920 474.93815 360 553 281.60028 399 976 435.75316 377 517 271.981
Cyclically-adjusted general government primary balance as a percentage of potential GDPInformation on itemRatioInformation on item3.7244.4236.4554.61715.4202.9341.3840.5220.9120.500
Cyclically-adjusted social security contributions received by general governmentInformation on itemIceland KronaInformation on item69 541 155 997.59273 383 428 068.74377 099 039 269.92982 108 442 439.52585 241 322 942.33088 634 452 511.32495 757 529 461.724101 181 520 288.318108 929 517 420.531114 630 848 419.702
Cyclically-adjusted taxes on production and importsInformation on itemIceland KronaInformation on item276 079 796 490.044282 459 762 576.802332 560 720 755.688346 662 280 752.479348 747 471 161.408385 455 020 316.303396 363 211 656.107406 774 644 013.835441 357 469 980.563465 106 050 401.231
Equilibrium unemployment rate, as a percentage of labour forceInformation on itemPercentageInformation on item4.0103.9903.9653.9233.8803.8593.8443.8343.8273.821
Labour force participation gapInformation on itemPercentageInformation on item-2.779-1.176-1.289-0.0651.1050.190-0.2321.5971.7061.856
Net one-offs of general governmentInformation on itemIceland KronaInformation on item-7 141 782 826.1464 573 428 537.256-24 421 733 382.915-29 506 532 707.044379 499 829 351.4430.0000.0000.0000.0000.000
Net one-offs of general government as a percentage of potential GDPInformation on itemRatioInformation on item-0.3600.221-1.117-1.24515.2600.0000.0000.0000.0000.000
Output gap as a percentage of potential GDPInformation on itemPercentageInformation on item-7.260-5.151-5.158-3.1750.1641.2452.8090.661-0.218-0.033
Potential employment of total economyInformation on itemPersonsInformation on item178 732.593180 500.564182 650.498185 236.914188 186.410191 285.174194 274.209196 872.605199 013.990200 749.946
Potential output volumeInformation on itemIceland Krona, 2005Information on item1 245 293 710 285.2201 267 930 617 423.5001 294 442 708 766.8801 328 135 483 665.7901 368 948 621 580.2201 413 976 558 797.6901 459 593 036 854.1401 502 524 650 701.1401 540 711 883 845.2601 577 489 876 365.260
Potential output, nominal valueInformation on itemIceland KronaInformation on item1 985 908 416 603.6202 065 337 939 411.2402 186 339 222 842.0002 369 158 394 358.4002 486 855 929 569.8602 580 898 763 867.8502 733 249 578 956.9302 943 238 104 541.1503 115 557 289 810.0403 278 153 588 684.940
Productive capital stock scrapping rateInformation on itemRatioInformation on item4.9925.0565.1295.2025.2745.3495.4104.2954.7204.743
Productive capital stock, volumeInformation on itemIceland Krona, 2005Information on item2 922 824 070 310.9402 910 037 485 673.0902 917 362 255 845.7302 963 346 792 212.0303 037 351 010 959.7703 124 697 929 513.0703 209 688 823 916.4703 276 534 696 211.9503 333 057 608 329.0803 393 113 121 191.680
Productive capital stock, volume, annual averageInformation on itemIceland Krona, 2005Information on item2 927 437 188 798.8602 914 832 454 912.2902 914 615 467 030.9902 946 102 591 074.6703 009 599 428 929.3703 091 942 835 055.5803 177 817 238 515.1903 254 785 319 094.1103 312 021 889 154.2903 370 132 574 842.960
Ratio of potential to actual real GDP of the total economyInformation on itemRatioInformation on item1.0781.0541.0541.0330.9980.9880.9730.9931.0021.000
Trend employment coefficientInformation on itemRatioInformation on item1.0001.0001.0001.0001.0001.0001.0001.0001.0001.000
Trend labour efficiencyInformation on itemIceland KronaInformation on item4 573 307.5644 661 822.8664 751 637.9564 842 774.3184 935 046.6695 028 078.1285 121 411.6655 215 442.6685 310 462.2885 406 687.172
Trend labour forceInformation on itemPersonsInformation on item186 199.357188 001.777190 191.033192 800.975195 782.903198 963.010202 040.923204 721.145206 932.296208 726.305
Trend labour force participation rate, as a percentage of population aged 15-74Information on itemRatioInformation on item78.57278.57678.56978.55078.51978.47778.43378.39478.35678.319
Trend working-age population, age 15-74Information on itemPersonsInformation on item236 977.863239 260.328242 070.119245 450.201249 345.007253 529.993257 595.299261 144.810264 092.600266 509.262
Underlying general government net lendingInformation on itemIceland KronaInformation on item22 476 860 955.31521 453 249 013.87092 425 734 963.73055 409 829 299.044-71 652 591 121.621-5 456 549 253.995-23 087 689 525.063-36 843 420 317.622-27 549 358 126.614-43 334 157 480.948
Underlying general government net lending as a percentage of potential GDPInformation on itemRatioInformation on item1.1321.0394.2272.339-2.881-0.211-0.845-1.252-0.884-1.322
Underlying general government primary balanceInformation on itemIceland KronaInformation on item81 100 120 955.31586 779 409 013.870165 547 824 963.729138 883 739 299.0443 975 818 878.37975 728 470 746.00537 833 920 474.93815 360 553 281.60028 399 976 435.75316 377 517 271.981
Underlying general government primary balance as a percentage of potential GDPInformation on itemRatioInformation on item4.0844.2027.5725.8620.1602.9341.3840.5220.9120.500
Unemployment gapInformation on itemPercentageInformation on item-2.018-1.392-0.971-0.0620.8901.1031.1110.188-0.283-0.288
Household sector accountsCompensation of employees, total economyInformation on itemIceland KronaInformation on item903 531 000 000.000978 168 000 000.0001 041 254 000 000.0001 157 196 000 000.0001 296 288 000 000.0001 433 364 000 000.0001 546 600 000 000.0001 601 313 309 861.8701 680 949 668 705.6401 757 673 752 046.370
Direct taxes on householdsInformation on itemIceland KronaInformation on item253 895 400 000.000280 082 900 000.000297 069 300 000.000317 468 500 000.000358 236 100 000.000400 035 500 000.000433 758 800 000.000437 028 384 384.026473 551 410 678.962497 452 483 740.074
Prices and deflatorsConsumer price indexInformation on itemIndex, 2005Information on item1.6311.6941.7291.7571.7871.8181.8671.9241.9692.010
Core inflation indexInformation on itemIndex, 2005Information on item1.5791.6441.6891.7241.7611.8041.8501.9031.9491.990
Exports of goods and services in USD, deflator (national accounts basis)Information on itemIndex, 2005Information on item1.0791.0711.1070.9990.9841.0711.1421.0811.0911.113
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2005Information on item2.2122.1442.1192.1601.9441.8752.0242.1782.2372.282
Final domestic expenditure, deflatorInformation on itemIndex, 2005Information on item1.7331.7941.8361.8801.9081.9071.9832.0912.1612.221
General government fixed capital formation, deflator, based on appropriation accountInformation on itemIndex, 2005Information on item1.8971.9491.9472.0732.1492.3112.5342.7713.1423.374
Government final consumption expenditure, deflatorInformation on itemIndex, 2005Information on item1.6581.7271.7921.9122.0002.0752.1782.2862.3882.488
Gross capital formation, deflatorInformation on itemIndex, 2005Information on item1.5711.5161.6301.7641.8171.8261.9272.0342.1522.241
Gross domestic product, market prices, deflatorInformation on itemIndex, 2005Information on item1.5951.6291.6891.7841.8171.8251.8731.9592.0222.078
Gross total fixed capital formation, deflatorInformation on itemIndex, 2005Information on item1.8521.8891.8951.9491.9561.9312.0392.2072.3192.416
Imports of goods and services in USD, deflator (national accounts basis)Information on itemIndex, 2005Information on item1.1661.1801.1830.9990.9591.0291.1381.0981.1151.137
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2005Information on item2.6222.5912.4792.3682.0811.9742.2112.4292.5052.555
Private final consumption expenditure, deflatorInformation on itemIndex, 2005Information on item1.6971.7601.8021.8081.8181.7941.8451.9281.9671.996
Purchasing power parity, national currency per USDInformation on itemIceland KronaInformation on item136.968137.023138.548141.937141.893137.725138.328141.650142.227142.227
Total domestic expenditure, deflatorInformation on itemIndex, 2005Information on item1.6841.7271.7891.8491.8871.8921.9682.0692.1422.201
Labour marketsCompensation rate, total economyInformation on itemIceland KronaInformation on item6 105 405.4856 402 548.8186 697 427.3927 196 107.9047 889 936.4248 616 923.7079 219 463.2069 469 756.7149 873 900.02510 262 861.510
Dependent employment, total economyInformation on itemPersonsInformation on item147 988.697152 777.906155 470.741160 808.595164 296.381166 342.891167 753.801169 097.619170 241.714171 265.465
Hours worked per worker, total economyInformation on itemHoursInformation on item1 853.0001 846.0001 864.0001 880.0001 883.000..........
Labour forceInformation on itemPersonsInformation on item179 975.000184 950.000186 975.000191 350.000196 475.000199 450.000204 000.000209 237.780210 903.543212 595.840
Labour force participation rate, as a percentage of population aged 15-74Information on itemRatioInformation on item76.38977.65277.55678.49979.38678.62778.25279.64679.69379.772
Labour productivity, total economyInformation on itemIndex, 2015Information on item0.9760.9820.9871.0001.0281.0551.0801.0721.0861.105
Total employment (labour force survey basis)Information on itemPersonsInformation on item169 125.000175 000.000177 750.000183 725.000190 600.000193 950.000198 425.000201 606.994202 236.992203 859.748
Total populationInformation on itemPersonsInformation on item320 700.000323 800.000327 400.000330 800.000335 400.000343 400.000352 610.000355 037.438357 353.872359 563.490
Total self-employedInformation on itemPersonsInformation on item21 136.30322 222.09422 279.25922 916.40526 303.61927 607.10930 671.19932 509.37531 995.27832 594.283
Unemployment rateInformation on itemPercentageInformation on item6.0295.3804.9343.9852.9902.7582.7333.6474.1094.109
Unemployment, levelInformation on itemPersonsInformation on item10 850.0009 950.0009 225.0007 625.0005 875.0005 500.0005 575.0007 630.7868 666.5518 736.091
Unit labour cost in total economyInformation on itemIndex, 2015Information on item0.8690.9040.9431.0001.0511.1131.1451.1771.2151.239
Working-age population, age 15-74Information on itemPersonsInformation on item235 603.986238 178.613241 084.784243 760.443247 491.854253 667.414260 697.222262 709.964264 646.260266 504.015
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item6.1945.7896.3736.2595.6034.8585.3314.1043.5253.500
Short-term interest rateInformation on itemPercentageInformation on item5.5136.1886.0535.8926.2795.0634.7234.1663.1253.100
Data extracted on 09 Dec 2019 20:40 UTC (GMT) from OECD.Stat

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