CountryInformation on item
FrequencyAnnual
Time201220132014201520162017201820192020
VariableUnit
External sectors, trade and paymentsBalance of primary income (balance of payments basis)Information on itemIceland KronaInformation on item-166 897 000 000.000-23 540 000 000.000-29 956 000 000.000-8 098 000 000.00043 870 000 000.0008 783 000 000.00016 835 000 000.00040 231 586 175.04142 923 689 631.281
Balance of primary income in USD (balance of payments basis)Information on itemUS DollarInformation on item-1 330 723 565.665-190 717 489.426-263 937 734.861-57 733 550.539363 775 617.06078 421 086.171147 925 316.168331 604 885.085351 833 521.568
Balance of secondary income (balance of payments basis)Information on itemIceland KronaInformation on item-9 651 000 000.001-13 897 000 000.000-14 030 000 000.000-38 384 000 000.000-12 441 000 000.000-20 077 999 999.998-21 901 000 000.001-18 340 883 518.744-16 840 883 518.744
Balance of secondary income in USD (balance of payments basis)Information on itemUS DollarInformation on item-77 080 359.789-113 891 575.480-120 185 855.385-291 787 815.172-102 792 976.650-187 961 240.174-203 730 484.720-151 172 925.301-138 040 028.842
Competitors' price of goods and services exportsInformation on itemIndex, 2015Information on item1.1271.1041.0371.0000.8790.8110.8690.9580.980
Competitors' price of non-commodity goods and services exportsInformation on itemIndex, 2015Information on item1.0141.0090.9661.0000.8860.8040.8530.9470.971
Contribution to world trade growth, goods and services (in USD, OECD reference year prices)Information on itemPercentageInformation on item0.0010.0010.0020.0040.0050.0040.000-0.0010.001
Current account balanceInformation on itemIceland KronaInformation on item-70 333 000 000.000113 008 000 000.00081 427 000 000.000117 163 000 000.000186 944 000 000.00095 334 000 000.00081 452 000 000.0009 658 826 436.404-61 208 498.809
Current account balance as a percentage of GDPInformation on itemPercentageInformation on item-3.8195.7693.9275.1077.5053.6432.9060.334-0.002
Current account balance in USDInformation on itemUS DollarInformation on item-557 441 801.409928 152 001.694680 714 181.300888 751 753.7111 572 680 326.553890 277 030.320746 238 443.39880 909 109.010-501 709.007
Current account balance in USD, residual itemInformation on itemUS DollarInformation on item-750 724.5871 426 175.152-1 918 719.757-1 218 985.7337 379 079.6647 152 676.785-10 723 775.8270.0000.000
Current account balance, residual itemInformation on itemIceland KronaInformation on item2 070 183.0011 255 084.000-374 744.000689 757.000-10 033 055.000-180 884 544.002573 076.0010.0000.000
Exchange rate, national currency per USDInformation on itemIceland KronaInformation on item125.118122.167116.688131.896120.835106.823108.269121.330122.000
Exchange rate, USD per national currencyInformation on itemUS DollarInformation on item0.0080.0080.0090.0080.0080.0090.0090.0080.008
Export market for goods and services, volume in USDInformation on itemUS Dollar, 2015Information on item7 618 743 819.0747 823 991 133.5538 115 357 481.3418 555 214 975.6798 705 759 668.6739 128 196 184.7819 375 793 196.6869 630 560 494.1129 888 568 763.167
Export performance for goods and services, volumeInformation on itemRatioInformation on item0.9841.0231.0171.0531.1481.1541.1421.0701.055
Exports of goods and services, nominal value in USD (national accounts basis)Information on itemUS DollarInformation on item8 099 943 828.1338 581 168 454.8209 152 276 449.1139 009 487 925.5459 843 405 164.07611 305 865 855.39112 253 002 259.95811 308 309 496.51211 671 616 330.402
Exports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item7 500 262 258.5348 003 675 529.5948 256 954 775.7809 009 487 925.5459 994 648 220.66810 538 197 568.05610 707 171 918.76210 305 488 864.54310 436 756 165.714
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item6 856 084 899.9397 111 945 070.8497 542 798 521.9838 389 741 872.9679 445 316 854.71210 271 235 898.53310 363 104 684.90710 041 130 005.21710 184 277 592.062
Import penetration, goods and servicesInformation on itemRatioInformation on item0.2260.2190.2320.2460.2600.2730.2650.2580.256
Imports of goods and services, nominal value in USD (national accounts basis)Information on itemUS DollarInformation on item7 248 830 979.5017 349 833 563.3738 085 519 957.8107 769 995 820.3908 539 086 557.59710 313 201 347.85411 440 234 872.18111 407 832 347.28511 885 911 532.135
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item6 211 907 541.3446 220 214 612.1036 828 642 268.1877 769 995 820.3908 895 985 488.75710 004 274 229.01110 019 037 451.0529 776 771 145.8909 931 799 018.411
Indicator of competitiveness based on relative consumer pricesInformation on itemIndex, 2015=100Information on item84.85388.41695.050100.000112.216124.779121.149114.349114.681
Indicator of competitiveness based on relative unit labour costs in total economyInformation on itemIndex, 2015=100Information on item79.64882.98390.884100.000115.731133.862129.831120.189118.633
Net exports of goods and services, nominal value in USD (national accounts basis)Information on itemUS DollarInformation on item851 112 848.6331 231 334 891.4471 066 756 491.3031 239 492 105.1551 304 318 606.478992 664 507.537812 767 387.778-99 522 850.773-214 295 201.732
Nominal effective exchange rate, chain-linked, overall weightsInformation on itemIndex, 2015=100Information on item87.07589.05995.389100.000112.119124.791120.369112.057111.933
Price of commodity exportsInformation on itemIndex, 2015Information on item1.4641.3141.1081.0000.9120.8250.8410.8850.887
Price of commodity importsInformation on itemIndex, 2015Information on item1.6181.4971.3281.0000.8350.8450.9681.0451.062
Price of non-commodity exports of goods and servicesInformation on itemIndex, 2015Information on item0.8960.8960.9421.0000.8980.8810.9671.0491.082
Price of non-commodity imports of goods and servicesInformation on itemIndex, 2015Information on item1.0241.0140.9921.0000.8850.8300.9301.0761.113
Real effective exchange rate, constant trade weightsInformation on itemIndex, 2015Information on item0.8250.8410.9151.0011.1261.2331.2031.1241.137
Relative price of exported goods and servicesInformation on itemRatioInformation on item1.9621.9422.0442.1602.2112.3132.3292.2752.280
Relative price of imported goods and servicesInformation on itemRatioInformation on item1.5611.5031.3901.2851.1061.0481.1341.2421.239
Shadow price of goods and services importsInformation on itemIndex, 2015Information on item1.1411.1261.0531.0000.8780.8110.8720.9530.972
Shadow price of non-commodity goods and services importsInformation on itemIndex, 2015Information on item1.0181.0300.9831.0000.8840.8020.8550.9390.960
Share of country's trade in world trade (volume, in USD at OECD reference year prices)Information on itemPercentage, 2015Information on item0.0000.0000.0000.0000.0000.0000.0000.0000.000
Share of value exports of goods and services in world exports in USDInformation on itemRatioInformation on item0.0320.0330.0340.0380.0420.0440.0440.0400.040
Share of value imports of goods and services in world imports in USDInformation on itemRatioInformation on item0.0290.0290.0310.0340.0380.0410.0420.0410.041
Government accountsCapital tax and transfers receiptsInformation on itemIceland KronaInformation on item2 339 076 157.0002 907 669 541.0002 992 762 315.0003 541 330 249.000388 526 572 214.00010 222 555 489.0005 126 376 098.0000.0000.000
Capital transfers paid and other capital paymentsInformation on itemIceland KronaInformation on item26 656 213 810.00016 465 875 734.00046 822 298 207.00031 033 620 350.000136 232 656 435.00050 276 312 906.00018 443 468 027.0003 841 231 666.9301 573 368 490.775
Current disbursements of general governmentInformation on itemIceland KronaInformation on item783 600 588 260.000810 328 199 763.000851 022 519 379.000907 189 147 079.000959 715 189 448.0001 047 655 609 542.0001 100 342 668 287.0001 143 743 897 084.0701 206 128 352 603.230
Current disbursements of general government as a percentage of GDPInformation on itemPercentageInformation on item42.54741.36541.04239.54738.52840.03539.25539.52739.375
Current disbursements of general government excluding gross interest paymentsInformation on itemIceland KronaInformation on item699 534 387 667.000723 822 993 680.000756 611 239 847.000805 465 252 711.000861 410 831 738.000946 224 744 052.0001 013 870 872 183.0001 062 108 561 615.4801 120 253 642 462.310
Current receipts of general governmentInformation on itemIceland KronaInformation on item738 429 113 894.000792 824 372 948.000903 995 300 082.000927 424 617 426.0001 029 774 539 425.0001 136 271 703 546.0001 193 539 990 333.0001 255 968 108 612.8001 311 805 780 532.470
Current receipts of general government as a percentage of GDPInformation on itemPercentageInformation on item40.09440.47243.59640.42941.34143.42242.58043.40542.825
Current receipts of general government excluding gross interest receiptsInformation on itemIceland KronaInformation on item712 986 176 537.000771 645 325 465.000882 706 112 134.000909 174 642 233.0001 007 098 589 319.0001 116 025 858 531.0001 177 244 953 714.0001 238 762 826 606.5901 294 229 275 494.830
Direct taxes on businessInformation on itemIceland KronaInformation on item50 839 691 303.00056 567 863 825.00086 779 049 846.00076 646 092 346.00084 330 235 733.00097 719 819 741.00092 927 529 215.26389 418 149 706.85191 733 122 598.330
General government consumption of fixed capitalInformation on itemIceland KronaInformation on item50 713 429 301.00051 171 893 847.00051 092 419 999.00053 107 631 865.00053 538 769 446.00053 188 916 212.00057 482 371 473.00059 116 295 467.99959 441 967 331.920
General government final consumption expenditure, nominal value, appropriation accountInformation on itemIceland KronaInformation on item450 040 616 474.000472 119 422 430.000496 321 126 725.000535 250 582 731.000570 663 306 123.000613 575 982 665.000660 528 855 193.000700 614 621 412.045749 077 384 468.689
General government fixed capital formation, nominal value, appropriation accountInformation on itemIceland KronaInformation on item47 685 528 274.00054 907 814 992.00061 727 575 105.00064 010 735 025.00066 303 853 175.00087 868 710 279.000106 628 407 326.000166 190 756 268.397170 015 313 338.626
General government gross financial liabilitiesInformation on itemIceland KronaInformation on item1 695 559 100 000.0001 649 789 000 000.0001 597 641 284 584.6101 607 362 067 186.7001 603 876 709 584.2801 659 644 778 448.4001 731 942 376 478.7601 780 718 563 779.7601 881 036 456 253.190
General government gross financial liabilities as a percentage of GDPInformation on itemRatioInformation on item92.06384.21877.04870.07064.38963.42261.78861.54061.408
General government net lendingInformation on itemIceland KronaInformation on item-66 460 710 992.000-34 797 954 153.000-1 491 910 295.000-18 159 922 914.000309 588 182 027.00013 882 542 520.00030 734 194 264.0001 308 519 061.407-6 469 286 568.241
General government net lending as a percentage of GDPInformation on itemPercentageInformation on item-3.609-1.776-0.072-0.79212.4290.5311.0960.045-0.211
General government primary balanceInformation on itemIceland KronaInformation on item-7 837 447 756.00030 528 204 447.00071 630 181 289.00065 313 996 261.000385 216 589 631.00095 067 562 995.000100 910 953 749.00065 738 572 523.79061 828 918 535.039
General government primary balance as a percentage of GDPInformation on itemPercentageInformation on item-0.4261.5583.4542.84715.4653.6333.6002.2722.018
Gross general government interest paymentsInformation on itemIceland KronaInformation on item84 066 200 593.00086 505 206 083.00094 411 279 532.000101 723 894 368.00098 304 357 710.000101 430 865 490.00086 471 796 104.00081 635 335 468.59585 874 710 140.918
Net capital outlays of the governmentInformation on itemIceland KronaInformation on item21 289 236 626.00017 294 127 338.00054 464 690 998.00038 395 393 261.000-239 528 832 050.00074 733 551 484.00062 463 127 782.000110 915 692 467.328112 146 714 497.482
Net general government interest paymentsInformation on itemIceland KronaInformation on item58 623 263 236.00065 326 158 600.00073 122 091 584.00083 473 919 175.00075 628 407 604.00081 185 020 475.00070 176 759 485.00064 430 053 462.38368 298 205 103.280
Net general government interest payments as a percentage of GDPInformation on itemPercentageInformation on item3.1833.3353.5263.6393.0363.1022.5042.2272.230
Net general government savingInformation on itemIceland KronaInformation on item-45 171 474 366.000-17 503 826 815.00052 972 780 703.00020 235 470 347.00070 059 349 977.00088 616 094 004.00093 197 322 046.000112 224 211 528.735105 677 427 929.240
Other current outlays of general governmentInformation on itemIceland KronaInformation on item114 543 327 594.000118 059 024 567.000120 848 874 215.000128 515 763 286.000143 011 565 387.000166 563 916 359.000172 382 321 571.000176 560 037 031.084179 017 819 492.779
Other current receipts of general governmentInformation on itemIceland KronaInformation on item66 817 529 101.00068 236 740 931.00070 730 423 504.00077 046 952 897.00080 974 874 044.00097 186 500 448.000110 775 046 659.000114 972 780 072.556117 458 585 322.368
Property income paid by general governmentInformation on itemIceland KronaInformation on item84 066 200 593.00086 505 206 083.00094 411 279 532.000101 723 894 368.00098 304 357 710.000101 430 865 490.00086 471 796 104.00081 635 335 468.59585 874 710 140.918
Property income paid by general government, excluding interest paymentsInformation on itemIceland KronaInformation on item0.0000.0000.0000.0000.0000.0000.0000.0000.000
Property income received by general governmentInformation on itemIceland KronaInformation on item47 305 340 453.00051 116 447 025.00061 745 069 807.00041 655 662 479.00071 503 551 776.00062 517 378 941.00059 350 280 120.00065 821 683 477.17269 042 868 806.761
Property income received by general government, excluding interest receiptsInformation on itemIceland KronaInformation on item21 862 403 096.00029 937 399 542.00040 455 881 859.00023 405 687 286.00048 827 601 670.00042 271 533 926.00043 055 243 501.00048 616 401 470.96051 466 363 769.123
Share of outstanding marketable debt to refinance within coming periodInformation on itemRatioInformation on item..0.0490.0530.0820.0540.0920.0500.0500.050
Social security benefits paid by general governmentInformation on itemIceland KronaInformation on item134 950 443 599.000133 644 546 683.000139 441 238 907.000141 698 906 694.000147 735 960 228.000166 084 845 028.000180 959 695 419.000184 933 903 172.345192 158 438 500.841
Social security contributions received by general governmentInformation on itemIceland KronaInformation on item64 882 422 308.00069 898 831 260.00073 432 476 949.00079 707 295 178.00085 369 991 764.00089 649 060 316.00098 107 000 000.000102 140 727 931.973106 307 945 728.789
Taxes and social security contributions received by general government as a percentage of GDPInformation on itemPercentageInformation on item33.89834.37937.20735.25535.22037.31936.51137.15736.736
Taxes on production and importsInformation on itemIceland KronaInformation on item254 688 730 729.000266 921 589 907.000314 238 979 976.000334 900 114 526.000349 359 786 108.000390 591 544 100.000397 390 122 753.000422 378 183 506.102443 807 718 612.540
Total direct taxes received by general governmentInformation on itemIceland KronaInformation on item304 735 091 303.000336 650 763 825.000383 848 349 846.000394 114 592 346.000442 566 335 733.000496 327 219 741.000527 917 540 801.000550 654 733 625.001575 188 662 062.009
Total disbursements of general governmentInformation on itemIceland KronaInformation on item807 228 901 043.000830 529 996 642.000908 479 972 692.000949 125 870 589.0001 108 712 929 612.0001 132 611 716 515.0001 167 932 172 167.0001 254 659 589 551.4001 318 275 067 100.710
Total disbursements of general government as a percentage of GDPInformation on itemPercentageInformation on item43.83042.39643.81341.37544.51043.28241.66643.36043.036
Total receipts of general governmentInformation on itemIceland KronaInformation on item740 768 190 051.000795 732 042 489.000906 988 062 397.000930 965 947 675.0001 418 301 111 639.0001 146 494 259 035.0001 198 666 366 431.0001 255 968 108 612.8001 311 805 780 532.470
Total receipts of general government as a percentage of GDPInformation on itemPercentageInformation on item40.22140.62043.74140.58456.93843.81242.76343.40542.825
Expenditure and GDPChange in inventories, contributions to changes in real GDPInformation on itemPercentage, 2005Information on item-0.0010.006-0.009-0.010-0.006-0.0050.0040.0030.000
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 186 615 515 282.0001 206 291 639 297.0001 323 358 338 654.0001 371 968 686 516.8101 423 937 192 309.090
Exports of goods and services, volume (national accounts basis)Information on itemIceland Krona, 2005Information on item457 995 122 265.000488 735 490 359.000504 201 704 116.000550 154 298 846.000610 312 009 905.000643 503 242 589.000653 821 472 238.000629 293 146 002.517637 308 836 864.615
Final domestic expenditure, nominal valueInformation on itemIceland KronaInformation on item1 733 716 044 163.0001 813 470 187 286.0001 946 102 112 616.0002 126 814 417 252.0002 332 485 159 971.0002 509 261 294 170.0002 705 805 255 705.0002 892 735 997 689.4403 077 457 382 636.070
Final domestic expenditure, volumeInformation on itemIceland Krona, 2005Information on item1 001 745 539 169.0501 012 192 140 807.1301 061 279 304 181.5801 132 611 442 001.4601 223 186 535 082.5101 317 492 143 717.8401 366 834 698 110.2401 391 673 000 545.1301 431 242 493 700.590
Government final consumption expenditure, nominal value, GDP expenditure approachInformation on itemIceland KronaInformation on item450 040 630 474.000472 119 437 430.000496 321 126 725.000535 250 582 731.000570 663 306 122.000613 575 982 665.000660 528 649 476.000711 639 385 941.010760 864 751 625.110
Government final consumption expenditure, volumeInformation on itemIceland Krona, 2005Information on item271 397 501 549.000273 349 983 255.000277 003 760 759.000279 929 112 541.000285 351 281 034.000295 668 261 684.000305 322 756 619.000313 473 686 561.568320 818 876 328.452
Government gross fixed capital formation, volumeInformation on itemIceland Krona, 2005Information on item25 133 000 000.00028 179 000 000.00031 703 000 000.00030 874 000 000.00030 847 000 000.00038 020 000 000.00046 066 000 000.00057 084 085 486.10059 244 865 228.233
Gross capital formation, total, nominal valueInformation on itemIceland KronaInformation on item296 072 707 535.000301 678 650 416.000358 575 542 684.000448 482 803 701.000528 819 969 737.000578 893 260 730.000633 820 083 391.000689 738 080 549.546749 264 476 972.500
Gross capital formation, total, volumeInformation on itemIceland Krona, 2005Information on item188 489 787 410.000199 001 637 469.000219 983 833 800.000254 256 723 511.000291 094 694 536.000317 630 784 346.000329 662 979 520.000337 484 183 591.291351 747 341 354.807
Gross domestic product per capita, volumeInformation on itemIceland Krona, 2005Information on item3 601 134.0233 714 097.7553 749 758.6953 887 463.4464 088 237.3434 176 824.7384 333 800.0174 340 770.0684 408 583.320
Gross domestic product per capita, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item45 255.79046 675.41647 123.57148 854.11951 377.26452 490.55054 463.27354 550.86655 403.082
Gross domestic product, nominal value in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item13 966 123 156.90814 855 114 693.77515 724 140 265.72917 395 372 679.29118 889 168 337.96419 843 805 142.43621 255 967 060.33321 942 432 018.56623 228 728 455.383
Gross domestic product, nominal value, market pricesInformation on itemIceland KronaInformation on item1 841 728 745 545.0001 958 961 083 367.0002 073 560 486 401.0002 293 947 829 543.0002 490 936 383 463.0002 616 825 438 328.0002 803 048 856 834.0002 893 573 781 480.8503 063 199 174 036.920
Gross domestic product, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item14 513 531 938.24315 113 499 738.20015 428 256 982.68816 160 942 590.40717 231 934 192.40318 025 254 756.14018 856 485 065.24119 042 589 850.39619 491 250 633.239
Gross domestic product, volume in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item15 621 346 176.68316 267 109 367.74216 605 891 953.44917 394 503 269.11918 547 243 390.42819 401 117 913.04320 295 795 822.33920 496 105 938.88520 979 012 886.313
Gross domestic product, volume, market pricesInformation on itemIceland Krona, 2005Information on item1 154 883 681 293.0001 202 624 853 078.0001 227 670 996 689.0001 285 972 908 000.0001 371 194 805 000.0001 434 321 615 000.0001 500 465 013 000.0001 515 273 908 608.6001 550 975 143 755.660
Gross fixed capital formation, housing, volumeInformation on itemIceland Krona, 2005Information on item24 666 000 000.00027 329 000 000.00031 527 000 000.00030 525 000 000.00038 582 000 000.00046 554 000 000.00054 334 000 000.00057 374 181 808.02059 848 308 629.680
Gross fixed capital formation, total, nominal valueInformation on itemIceland KronaInformation on item294 272 935 970.000306 631 499 251.000356 530 543 643.000444 993 701 653.000525 893 779 300.000578 139 001 116.000623 093 909 186.000676 668 420 538.247737 378 670 960.304
Gross fixed capital formation, total, volumeInformation on itemIceland Krona, 2005Information on item158 876 000 000.000162 320 000 000.000188 110 000 000.000228 269 000 000.000268 860 000 000.000299 985 000 000.000306 150 000 000.000309 007 714 808.755322 294 599 853.274
Imports of goods and services, nominal value (national accounts basis)Information on itemIceland KronaInformation on item907 055 813 702.000897 464 046 124.000942 906 544 674.0001 024 729 537 967.0001 031 090 482 227.0001 099 481 754 753.0001 236 840 911 730.0001 384 200 562 736.7001 450 081 206 920.430
Imports of goods and services, volume (national accounts basis)Information on itemIceland Krona, 2005Information on item345 935 755 458.000346 398 369 040.000380 281 178 700.000432 704 343 415.000495 409 733 663.000557 129 374 542.000557 951 525 602.000544 459 924 714.486553 093 292 780.642
Net exports of goods and services, nominal value (national accounts basis)Information on itemIceland KronaInformation on item106 212 929 817.000150 443 744 916.000125 413 374 744.000163 644 310 243.000155 525 033 055.000106 809 884 544.00086 517 426 924.000-12 231 876 219.893-26 144 014 611.346
Net exports, contributions to changes in real GDPInformation on itemPercentage, 2005Information on item-0.0020.036-0.028-0.016-0.008-0.0260.007-0.007-0.002
Private final consumption expenditure, nominal value, GDP expenditure approachInformation on itemIceland KronaInformation on item989 402 477 719.0001 034 719 250 605.0001 093 250 442 248.0001 146 570 132 868.0001 235 928 074 549.0001 317 546 310 389.0001 422 182 697 043.0001 504 428 191 210.1801 579 213 960 050.650
Private final consumption expenditure, volumeInformation on itemIceland Krona, 2005Information on item582 937 025 527.000587 936 111 035.000606 762 876 714.000634 337 116 517.000679 846 553 188.000734 648 700 923.000769 609 330 225.000784 195 072 929.283803 205 731 112.743
Private non-residential and government fixed capital formation, volumeInformation on itemIceland Krona, 2005Information on item134 210 000 000.000134 991 000 000.000156 583 000 000.000197 744 000 000.000230 278 000 000.000253 431 000 000.000251 816 000 000.000251 633 533 000.735262 446 291 223.594
Private non-residential gross fixed capital formation, volumeInformation on itemIceland Krona, 2005Information on item108 799 014 536.485106 291 115 043.660124 114 467 486.038165 779 166 454.149197 875 373 925.221212 695 887 220.176201 728 874 136.262189 436 586 429.704197 868 719 274.777
Total domestic expenditure, volumeInformation on itemIceland Krona, 2005Information on item1 033 190 793 901.6801 049 204 380 388.4401 092 118 780 868.0801 155 520 976 716.9301 240 805 716 311.5401 332 337 625 815.1001 389 964 655 247.9001 419 767 108 224.7701 459 970 068 864.850
Total expenditure, volumeInformation on itemIceland Krona, 2005Information on item1 529 581 842 527.0601 581 389 458 091.4401 640 439 015 789.4801 755 393 498 656.7701 905 633 124 166.6502 037 085 199 088.8002 109 192 069 647.3102 112 891 049 065.9502 162 153 598 528.110
Total expenditure, volume in USDInformation on itemUS Dollar, 2015Information on item21 928 729 398.95822 671 465 191.79423 518 024 516.62825 166 060 390.16427 319 958 927.14229 204 511 227.48630 238 265 687.90230 291 295 814.48230 997 544 467.953
Selected variables: ready-made growth ratesCore inflationInformation on itemPercentage, 2005Information on item4.5874.0982.7342.0942.1622.4262.5273.5123.209
Export performance for goods and services, volume, growthInformation on itemPercentageInformation on item2.1633.913-0.5393.5049.0160.559-1.080-6.298-1.369
Exports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2005Information on item3.5986.7123.1659.11410.9355.4381.603-3.7521.274
Final domestic expenditure, volume, growthInformation on itemPercentage, 2005Information on item1.5621.0434.8506.7217.9977.7103.7451.8172.843
Goods and services trade, volume in USD, growthInformation on itemPercentage, 2015Information on item4.0513.7326.05811.22912.5828.7440.894-3.1071.426
Government final consumption expenditure, volume, growthInformation on itemPercentage, 2005Information on item-1.7740.7191.3371.0561.9373.6163.2652.6702.343
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2005Information on item3.4402.1433.6915.6131.8380.4302.3942.2213.425
Gross domestic product, nominal value, growthInformation on itemPercentageInformation on item4.7816.3655.85010.6288.5875.0547.1163.2305.862
Gross domestic product, volume, growthInformation on itemPercentage, 2005Information on item1.2964.1342.0834.7496.6274.6044.6110.9872.356
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2005Information on item5.1562.16815.88821.34917.78211.5772.0550.9334.300
Headline inflationInformation on itemPercentage, 2005Information on item5.1863.8722.0451.6331.6971.7602.6833.8003.260
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2005Information on item4.6040.1349.78113.78514.49212.4580.148-2.4181.586
Potential output, volume, growthInformation on itemPercentage, 2005Information on item1.7191.8402.1112.6073.0503.2603.1632.9802.877
Private final consumption expenditure, deflator, growthInformation on itemPercentage, 2005Information on item5.8893.6912.3780.3180.578-1.3483.0383.8162.487
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2005Information on item1.9300.8583.2024.5447.1748.0614.7591.8952.424
Productive capital stock, volume, annual average, growthInformation on itemPercentage, 2005Information on item-0.406-0.3730.0461.1452.2432.9182.8912.6652.659
Productive capital stock, volume, growthInformation on itemPercentage, 2005Information on item-0.357-0.3830.3041.6472.5943.1082.7642.6022.717
Total domestic expenditure, volume, growth Information on itemPercentage, 2005Information on item1.2841.5504.0905.8057.3817.3774.3252.1442.832
Total employment, growthInformation on itemPercentageInformation on item1.0003.4741.5713.3613.7421.7582.3071.1540.401
Supply blockCyclically-adjusted current disbursements of general governmentInformation on itemIceland KronaInformation on item773 460 443 030.348803 028 742 213.132843 342 707 720.856902 327 447 643.524960 381 898 702.9321 050 839 685 820.8501 106 581 465 274.3901 146 094 239 540.0901 207 488 469 993.860
Cyclically-adjusted current disbursements of general government as a percentage of potential GDPInformation on itemRatioInformation on item39.04238.96738.65038.16138.70340.83540.70840.05239.659
Cyclically-adjusted current disbursements of general government excluding gross interest paymentsInformation on itemIceland KronaInformation on item689 401 834 646.095716 523 036 471.021748 938 374 392.103800 597 948 374.669862 068 844 753.584949 398 725 604.5701 020 112 838 015.4001 064 478 245 817.4201 121 613 916 212.620
Cyclically-adjusted current disbursements of general government excluding gross interest payments, as a percentage of potential GDPInformation on itemRatioInformation on item34.79934.76934.32433.85934.74136.89337.52737.20036.839
Cyclically-adjusted current receipts of general governmentInformation on itemIceland KronaInformation on item807 526 823 791.838843 840 602 040.839963 257 855 930.773963 666 074 822.7501 025 294 928 079.6201 113 152 726 704.7601 149 047 920 308.2601 238 910 139 057.7001 301 962 374 318.250
Cyclically-adjusted current receipts of general government as a percentage of potential GDPInformation on itemRatioInformation on item40.76140.94744.14640.75541.31843.25742.27043.29642.762
Cyclically-adjusted direct taxes on businessInformation on itemIceland KronaInformation on item58 740 221 115.50762 539 115 177.74695 992 934 856.26881 386 084 598.78883 695 144 158.62894 533 264 422.88787 449 086 635.03387 466 884 925.31890 637 649 728.013
Cyclically-adjusted direct taxes on householdsInformation on itemIceland KronaInformation on item289 735 270 180.251306 991 720 808.617325 776 274 743.223335 369 289 578.445355 769 058 025.003386 708 347 682.815411 486 796 252.486452 027 051 939.405478 175 113 826.256
Cyclically-adjusted general government net lendingInformation on itemIceland KronaInformation on item12 777 144 135.49023 517 732 489.70765 450 457 211.91722 943 233 918.227304 441 861 426.690-12 420 510 600.086-19 996 672 748.132-18 099 792 949.712-17 672 810 173.094
Cyclically-adjusted general government net lending as a percentage of potential GDPInformation on itemRatioInformation on item0.6451.1413.0000.97012.269-0.483-0.736-0.633-0.580
Cyclically-adjusted general government primary balanceInformation on itemIceland KronaInformation on item71 400 407 371.49088 843 891 089.707138 572 548 795.917106 417 153 093.227380 070 269 030.69068 764 509 874.91450 180 086 736.86846 330 260 512.67150 625 394 930.187
Cyclically-adjusted general government primary balance as a percentage of potential GDPInformation on itemRatioInformation on item3.6044.3116.3514.50115.3162.6721.8461.6191.663
Cyclically-adjusted social security contributions received by general governmentInformation on itemIceland KronaInformation on item69 386 594 003.99973 235 240 972.29376 957 512 311.68081 960 919 607.19885 070 655 799.49688 278 665 838.82295 375 842 639.331101 098 962 146.841105 716 168 323.469
Cyclically-adjusted taxes on production and importsInformation on itemIceland KronaInformation on item275 366 255 231.643281 796 481 930.575331 850 845 094.627345 938 023 383.153347 935 496 702.106383 656 091 932.688384 553 072 362.368417 372 005 533.451440 935 708 138.122
Equilibrium unemployment rate, as a percentage of labour forceInformation on itemPercentageInformation on item4.0103.9903.9653.9233.8803.8593.8443.8343.827
Labour force participation gapInformation on itemPercentageInformation on item-2.823-1.328-1.566-0.4750.525-0.5160.7661.3890.980
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 499 829 351.4430.0000.0000.0000.000
Net one-offs of general government as a percentage of potential GDPInformation on itemRatioInformation on item-0.3600.222-1.119-1.24815.2940.0000.0000.0000.000
Output gap as a percentage of potential GDPInformation on itemPercentageInformation on item-7.036-4.942-4.969-2.9850.3831.6883.1161.1210.609
Potential employment of total economyInformation on itemPersonsInformation on item178 927.684180 802.038183 013.346185 573.417188 375.620191 206.454193 882.617196 325.915198 532.888
Potential output volumeInformation on itemIceland Krona, 2005Information on item1 242 285 489 493.4701 265 147 793 245.6201 291 860 206 452.1801 325 542 036 214.5501 365 969 655 654.8301 410 505 633 496.0201 455 117 416 046.3901 498 482 728 195.3901 541 592 950 784.640
Potential output, nominal valueInformation on itemIceland KronaInformation on item1 981 111 113 815.3602 060 804 984 474.3002 181 977 325 584.4702 364 532 143 738.1202 481 444 286 085.2702 573 374 746 665.4102 718 334 099 275.7102 861 509 268 835.4903 044 669 202 183.270
Productive capital stock scrapping rateInformation on itemRatioInformation on item4.9865.0565.1375.2035.2545.3115.3495.2875.303
Productive capital stock, volumeInformation on itemIceland Krona, 2005Information on item2 888 930 159 559.6502 877 867 393 497.7402 886 621 107 700.7902 934 175 756 818.3603 010 284 893 120.3703 103 843 380 198.5203 189 647 357 897.0903 272 640 650 129.2903 361 547 272 865.610
Productive capital stock, volume, annual averageInformation on itemIceland Krona, 2005Information on item2 892 809 658 090.0902 882 015 930 770.9502 883 338 464 874.6502 916 342 763 399.2702 981 743 967 007.1103 068 758 947 544.2103 157 470 866 260.1303 241 601 695 028.6703 327 811 779 079.450
Ratio of potential to actual real GDP of the total economyInformation on itemRatioInformation on item1.0761.0521.0521.0310.9960.9830.9700.9890.994
Trend employment coefficientInformation on itemRatioInformation on item1.0001.0001.0001.0001.0001.0001.0001.0001.000
Trend labour efficiencyInformation on itemIceland KronaInformation on item4 578 615.6514 664 753.5604 753 295.3134 844 074.0104 936 643.6245 030 343.1975 124 473.6555 219 404.5795 315 408.970
Trend labour forceInformation on itemPersonsInformation on item186 402.597188 315.778190 568.861193 151.223195 979.757198 881.134201 633.678204 152.661206 432.051
Trend labour force participation rate, as a percentage of population aged 15-74Information on itemRatioInformation on item78.58778.66378.75878.87479.01079.16579.34079.52779.718
Trend working-age population, age 15-74Information on itemPersonsInformation on item237 191.886239 394.622241 968.499244 886.986248 044.890251 224.364254 140.277256 709.998258 953.685
Underlying general government net lendingInformation on itemIceland KronaInformation on item19 918 926 961.63618 944 303 952.45189 872 190 594.83152 449 766 625.271-75 057 967 924.753-12 420 510 600.086-19 996 672 748.132-18 099 792 949.712-17 672 810 173.094
Underlying general government net lending as a percentage of potential GDPInformation on itemRatioInformation on item1.0050.9194.1192.218-3.025-0.483-0.736-0.633-0.580
Underlying general government primary balanceInformation on itemIceland KronaInformation on item78 542 190 197.63684 270 462 552.451162 994 282 178.831135 923 685 800.271570 439 679.24768 764 509 874.91450 180 086 736.86846 330 260 512.67150 625 394 930.187
Underlying general government primary balance as a percentage of potential GDPInformation on itemRatioInformation on item3.9654.0897.4705.7480.0232.6721.8461.6191.663
Unemployment gapInformation on itemPercentageInformation on item-2.018-1.392-0.971-0.0620.8901.1031.1110.6470.458
Household sector accountsCompensation of employees, total economyInformation on itemIceland KronaInformation on item907 118 000 000.000984 719 000 000.0001 045 911 000 000.0001 161 130 000 000.0001 300 909 000 000.0001 440 820 000 000.0001 554 645 000 000.0001 603 273 591 067.7101 658 906 234 819.930
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 236 100 000.000398 607 400 000.000434 990 011 585.738461 236 583 918.150483 455 539 463.679
Prices and deflatorsConsumer price indexInformation on itemIndex, 2005Information on item1.6311.6941.7291.7571.7871.8181.8671.9382.001
Core inflation indexInformation on itemIndex, 2005Information on item1.5791.6441.6891.7241.7611.8041.8501.9151.976
Exports of goods and services in USD, deflator (national accounts basis)Information on itemIndex, 2005Information on item1.0791.0711.1071.0000.9841.0721.1431.0971.117
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2005Information on item2.2122.1442.1192.1601.9441.8752.0242.1802.234
Final domestic expenditure, deflatorInformation on itemIndex, 2005Information on item1.7311.7921.8341.8781.9071.9051.9802.0792.150
General government fixed capital formation, deflator, based on appropriation accountInformation on itemIndex, 2005Information on item1.8971.9491.9472.0732.1492.3112.3152.9112.870
Government final consumption expenditure, deflatorInformation on itemIndex, 2005Information on item1.6581.7271.7921.9122.0002.0752.1632.2702.372
Gross capital formation, deflatorInformation on itemIndex, 2005Information on item1.5711.5161.6301.7641.8171.8231.9232.0442.130
Gross domestic product, market prices, deflatorInformation on itemIndex, 2005Information on item1.5951.6291.6891.7841.8171.8241.8681.9101.975
Gross total fixed capital formation, deflatorInformation on itemIndex, 2005Information on item1.8521.8891.8951.9491.9561.9272.0352.1902.288
Imports of goods and services in USD, deflator (national accounts basis)Information on itemIndex, 2005Information on item1.1651.1801.1830.9990.9591.0281.1401.1651.195
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2005Information on item2.6222.5912.4792.3682.0811.9732.2172.5422.622
Private final consumption expenditure, deflatorInformation on itemIndex, 2005Information on item1.6971.7601.8021.8081.8181.7931.8481.9181.966
Purchasing power parity, national currency per USDInformation on itemIceland KronaInformation on item136.968137.023138.548141.937141.893137.725137.621137.695137.695
Total domestic expenditure, deflatorInformation on itemIndex, 2005Information on item1.6801.7241.7841.8441.8821.8841.9542.0472.116
Labour marketsCompensation rate, total economyInformation on itemIceland KronaInformation on item6 129 643.8236 445 428.0556 727 381.5827 220 571.7707 917 016.6528 660 602.7889 266 196.4039 480 097.0729 743 129.885
Dependent employment, total economyInformation on itemPersonsInformation on item147 988.697152 777.906155 470.741160 808.595164 318.083166 364.863167 775.960169 119.955170 264.202
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 000.000207 322.138208 543.269
Labour force participation rate, as a percentage of population aged 15-74Information on itemRatioInformation on item76.36977.61977.52478.49979.42578.75679.94780.63280.499
Labour productivity, total economyInformation on itemIndex, 2015Information on item0.9760.9820.9871.0001.0281.0571.0801.0791.100
Total employment (labour force survey basis)Information on itemPersonsInformation on item169 125.000175 000.000177 750.000183 725.000190 600.000193 950.000198 425.000200 714.726201 518.991
Total populationInformation on itemPersonsInformation on item320 700.000323 800.000327 400.000330 800.000335 400.000343 400.000346 223.870349 079.515351 808.060
Total self-employedInformation on itemPersonsInformation on item21 136.30322 222.09422 279.25922 916.40526 281.91727 585.13730 649.04031 594.77131 254.789
Unemployment rateInformation on itemPercentageInformation on item6.0295.3804.9343.9852.9902.7582.7333.1873.368
Unemployment, levelInformation on itemPersonsInformation on item10 850.0009 950.0009 225.0007 625.0005 875.0005 500.0005 575.0006 607.4127 024.278
Unit labour cost in total economyInformation on itemIndex, 2015Information on item0.8700.9070.9441.0001.0511.1131.1481.1721.185
Working-age population, age 15-74Information on itemPersonsInformation on item235 664.640238 279.825241 181.879243 760.443247 372.052253 249.364255 168.161257 122.832259 064.178
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item6.1945.7896.3736.2595.6034.8585.3315.9696.370
Short-term interest rateInformation on itemPercentageInformation on item5.5136.1886.0535.8926.2795.0634.7235.1145.513
Data extracted on 22 Jul 2019 20:39 UTC (GMT) from OECD.Stat

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