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Iceland Current Account Balance: % of GDP

1997 - 2017 | Quarterly | % | CEIC

Iceland's Current Account surplus accounted for 9.9 % of the country's Nominal GDP in Sep 2017, compared with a 2.4 % surplus in the previous quarter. Iceland's Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1997 to Sep 2017, with an average value of -5.8 %. The data reached an all-time high of 15.3 % in Sep 2016 and a record low of -36.3 % in Jun 2008. CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Iceland provides Current Account Balance in local currency. Statistics Iceland provides Nominal GDP in local currency.

In the latest reports of Iceland, Current Account recorded a surplus of 644.9 USD mn in Sep 2017. Foreign Direct Investment (FDI) fell by 3.4 USD bn in Sep 2017. Iceland's Direct Investment Abroad fell by 3.6 USD bn in Sep 2017. Its Foreign Portfolio Investment fell by 41.0 USD mn in Sep 2017. The country's Nominal GDP was reported at 6.1 USD bn in Sep 2017.

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What was Iceland's Current Account Balance: % of GDP in Sep 2017?

Last Previous Min Max Unit Frequency Range

9.9

Sep 2017

2.4

Jun 2017

-36.3

Jun 2008

15.3

Sep 2016

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018

View Iceland's Current Account Balance: % of GDP from Mar 1997 to Sep 2017 in the chart:

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Current Account Balance: % of Nominal GDP: Quarterly: Iceland

Series Details
Series ID

211006202

Name

Current Account Balance: % of Nominal GDP: Quarterly: Iceland

Country

Iceland

Frequency

Quarterly

Unit

%

Status

Active

Source

CEIC Generate

First Date

Mar 1997

Last Date

Sep 2017

Last Updated

02 Feb 2018

Statistics
Mean

-5.88

Variance

98.23

Standard deviation

9.91

Skewness

-0.46

Kurtosis

0.24

Coefficient variation

-1.69

Median

-5.76

Max
Sep 2016

15.27

Min
Jun 2008

-36.27

Previous observation
Jun 2017

2.40

Last observation
Sep 2017

9.94

Number of Observations

83

Get This Data

More Countries for Current Account Balance: % of GDP

Country Last Previous Min Max Unit Frequency Range
United States

-2.1

Sep 2017

-2.6

Jun 2017

-6.3

Dec 2005

1.2

Jun 1975

%

quarterly

Mar 1960 - Sep 2017

Updated on Feb 2018
Canada

-3.6

Sep 2017

-2.9

Jun 2017

-5.1

Mar 1975

3.6

Mar 2001

%

quarterly

Mar 1957 - Sep 2017

Updated on Feb 2018
France

-0.2

Dec 2017

-0.1

Sep 2017

-4.0

Mar 2017

3.6

Jun 1999

%

quarterly

Mar 1997 - Dec 2017

Updated on Feb 2018
Germany

8.2

Dec 2017

8.1

Sep 2017

-2.4

Sep 2000

9.2

Sep 2015

%

quarterly

Mar 1991 - Dec 2017

Updated on Feb 2018
Italy

3.9

Sep 2017

2.5

Jun 2017

-6.2

Mar 1981

4.6

Sep 1996

%

quarterly

Mar 1980 - Sep 2017

Updated on Feb 2018
Japan

4.1

Dec 2017

4.5

Sep 2017

-0.7

Mar 2014

4.8

Dec 2007

%

quarterly

Mar 1996 - Dec 2017

Updated on Feb 2018
United Kingdom

-4.5

Sep 2017

-5.1

Jun 2017

-7.1

Dec 2015

3.8

Mar 1981

%

quarterly

Mar 1955 - Sep 2017

Updated on Feb 2018
Austria

1.7

Sep 2017

1.3

Jun 2017

-8.8

Dec 1977

8.8

Mar 2008

%

quarterly

Mar 1970 - Sep 2017

Updated on Feb 2018
Belgium

0.0

Sep 2017

-1.0

Jun 2017

-7.7

Sep 2008

9.2

Jun 2005

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Bulgaria

-3.9

Dec 2017

16.0

Sep 2017

-30.2

Dec 2007

16.0

Sep 2017

%

quarterly

Mar 1999 - Dec 2017

Updated on Feb 2018
Cyprus

6.5

Sep 2017

-0.2

Jun 2017

-27.0

Dec 2008

8.6

Sep 2016

%

quarterly

Mar 2008 - Sep 2017

Updated on Feb 2018
Czech Republic

-2.9

Sep 2017

-0.7

Jun 2017

-10.6

Sep 2010

9.9

Mar 2016

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Denmark

8.6

Sep 2017

8.8

Jun 2017

-3.9

Dec 1998

11.1

Sep 2014

%

quarterly

Mar 1990 - Sep 2017

Updated on Feb 2018
Estonia

4.2

Sep 2017

2.9

Jun 2017

-20.4

Mar 2007

5.6

Sep 2010

%

quarterly

Mar 2000 - Sep 2017

Updated on Dec 2017
Finland

2.2

Sep 2017

-1.5

Jun 2017

-7.2

Mar 1991

10.9

Dec 2001

%

quarterly

Mar 1990 - Sep 2017

Updated on Feb 2018
Greece

9.6

Sep 2017

-1.0

Jun 2017

-21.0

Mar 2007

11.8

Sep 2015

%

quarterly

Mar 2000 - Sep 2017

Updated on Feb 2018
Hungary

2.3

Sep 2017

6.2

Jun 2017

-10.9

Dec 2000

8.2

Jun 2016

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Iceland

9.9

Sep 2017

2.4

Jun 2017

-36.3

Jun 2008

15.3

Sep 2016

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Ireland

18.7

Sep 2017

-1.2

Jun 2017

-10.0

Mar 2008

18.7

Sep 2017

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Latvia

-4.2

Sep 2017

-3.1

Jun 2017

-25.9

Dec 2006

12.8

Jun 2009

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Lithuania

6.6

Dec 2017

0.4

Sep 2017

-22.5

Mar 2008

14.6

Sep 1994

%

quarterly

Mar 1993 - Dec 2017

Updated on Feb 2018
Argentina

-5.7

Sep 2017

-4.1

Jun 2017

-5.7

Sep 2017

5.1

Jun 2009

%

quarterly

Mar 2004 - Sep 2017

Updated on Feb 2018
Luxembourg

16.8

Sep 2017

3.3

Jun 2017

-13.3

Jun 2012

20.5

Mar 2004

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Malta

15.7

Sep 2017

16.3

Jun 2017

-29.5

Dec 2000

16.3

Jun 2017

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Bolivia

-5.6

Sep 2017

-5.0

Jun 2017

-10.9

Jun 1992

16.1

Sep 2006

%

quarterly

Mar 1990 - Sep 2017

Updated on Feb 2018
Netherlands

10.1

Sep 2017

8.1

Jun 2017

-2.3

Sep 2000

12.9

Mar 2013

%

quarterly

Mar 1987 - Sep 2017

Updated on Feb 2018
Norway

2.2

Sep 2017

6.8

Jun 2017

-11.5

Jun 1986

19.7

Dec 2005

%

quarterly

Mar 1981 - Sep 2017

Updated on Feb 2018
Brazil

-1.4

Dec 2017

-0.6

Sep 2017

-5.6

Mar 2015

3.0

Sep 2004

%

quarterly

Mar 1995 - Dec 2017

Updated on Feb 2018
Poland

0.1

Sep 2017

-0.7

Jun 2017

-7.3

Jun 2007

1.7

Jun 2016

%

quarterly

Mar 2000 - Sep 2017

Updated on Feb 2018
Chile

-2.2

Sep 2017

-1.7

Jun 2017

-8.8

Dec 1997

7.8

Mar 2007

%

quarterly

Mar 1996 - Sep 2017

Updated on Feb 2018
Portugal

3.9

Sep 2017

-2.3

Jun 2017

-13.6

Jun 2008

3.9

Sep 2017

%

quarterly

Mar 1996 - Sep 2017

Updated on Feb 2018
Colombia

-3.4

Sep 2017

-2.9

Jun 2017

-7.5

Sep 2015

1.5

Sep 1999

%

quarterly

Mar 1996 - Sep 2017

Updated on Feb 2018
Romania

-2.7

Sep 2017

-6.4

Jun 2017

-17.4

Jun 2008

4.4

Mar 2015

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Slovakia

-3.1

Sep 2017

-1.7

Jun 2017

-13.9

Dec 2005

4.3

Mar 2013

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Slovenia

7.9

Sep 2017

7.1

Jun 2017

-10.7

Jun 1999

7.9

Sep 2017

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Ecuador

-1.5

Sep 2017

0.2

Jun 2017

-15.5

Sep 1998

12.4

Dec 1999

%

quarterly

Mar 1993 - Sep 2017

Updated on Feb 2018
Mexico

-1.8

Sep 2017

0.0

Jun 2017

-6.0

Sep 1994

0.4

Jun 1995

%

quarterly

Mar 1993 - Sep 2017

Updated on Feb 2018
Spain

2.6

Sep 2017

2.0

Jun 2017

-11.6

Mar 2008

4.5

Sep 1985

%

quarterly

Mar 1980 - Sep 2017

Updated on Feb 2018
Panama

-10.1

Sep 2017

-6.4

Jun 2017

-19.6

Sep 2008

3.6

Dec 2009

%

quarterly

Mar 2007 - Sep 2017

Updated on Feb 2018
Sweden

4.6

Sep 2017

2.9

Jun 2017

-5.5

Dec 1982

10.1

Mar 2008

%

quarterly

Mar 1980 - Sep 2017

Updated on Feb 2018
Paraguay

-0.8

Sep 2017

-4.6

Jun 2017

-8.2

Dec 2014

15.1

Sep 2002

%

quarterly

Mar 2000 - Sep 2017

Updated on Feb 2018
Switzerland

7.8

Sep 2017

11.3

Jun 2017

-1.9

Mar 2009

17.0

Mar 2010

%

quarterly

Mar 1983 - Sep 2017

Updated on Feb 2018
Peru

-1.6

Dec 2017

-0.8

Sep 2017

-12.4

Mar 1982

6.1

Sep 2006

%

quarterly

Mar 1980 - Dec 2017

Updated on Feb 2018
Uruguay

2.2

Sep 2017

3.2

Jun 2017

-9.7

Jun 2008

3.5

Mar 2017

%

quarterly

Mar 2005 - Sep 2017

Updated on Feb 2018
Venezuela

-1.9

2015

0.7

2014

-14.6

1978

22.1

1974

%

yearly

1970 - 2015

Updated on 2018
Algeria

-16.5

2016

-15.8

2015

-16.5

2016

24.7

2006

%

yearly

1997 - 2016

Updated on 2018
Australia

-2.0

Sep 2017

-2.2

Jun 2017

-7.3

Dec 2004

2.3

Dec 1972

%

quarterly

Sep 1959 - Sep 2017

Updated on Feb 2018
Bangladesh

-0.9

2017

1.1

2016

-1.9

2001

3.3

2010

%

yearly

1998 - 2017

Updated on 2018
Brunei

12.0

Dec 2015

3.0

Sep 2015

3.0

Sep 2015

54.3

Mar 2014

%

quarterly

Mar 2013 - Dec 2015

Updated on Feb 2018
Cambodia

-8.8

2016

-9.3

2015

-13.0

2013

-2.2

2001

%

yearly

1994 - 2016

Updated on 2018
Bahrain

3.3

2014

7.8

2013

-12.6

1998

15.7

2007

%

yearly

1997 - 2014

Updated on 2015
China

1.8

Dec 2017

1.3

Sep 2017

-0.3

Jun 2001

11.1

Dec 2006

%

quarterly

Mar 1998 - Dec 2017

Updated on Feb 2018
Botswana

21.8

Sep 2017

16.5

Jun 2017

-16.6

Dec 2008

29.3

Dec 2006

%

quarterly

Mar 2004 - Sep 2017

Updated on Feb 2018
Hong Kong

8.5

Sep 2017

2.9

Jun 2017

-5.5

Jun 2014

20.8

Dec 2008

%

quarterly

Mar 1999 - Sep 2017

Updated on Feb 2018
India

-1.2

Sep 2017

-2.5

Jun 2017

-6.8

Dec 2012

2.2

Jun 2004

%

quarterly

Jun 2004 - Sep 2017

Updated on Feb 2018
Israel

-0.4

Sep 2017

3.3

Jun 2017

-19.8

Sep 1982

17.8

Dec 1985

%

quarterly

Mar 1979 - Sep 2017

Updated on Feb 2018
Indonesia

-2.2

Dec 2017

-1.7

Sep 2017

-4.6

Jun 1996

7.8

Sep 1998

%

quarterly

Mar 1990 - Dec 2017

Updated on Feb 2018
Jordan

-9.4

Sep 2017

-13.8

Jun 2017

-26.6

Mar 2012

26.4

Jun 2003

%

quarterly

Mar 1992 - Sep 2017

Updated on Feb 2018
South Korea

6.1

Sep 2017

4.1

Jun 2017

-13.1

Mar 1980

16.0

Mar 1998

%

quarterly

Mar 1980 - Sep 2017

Updated on Feb 2018
Malawi

-11.1

2015

-18.6

2014

-25.1

1979

-0.2

1998

%

yearly

1977 - 2015

Updated on 2018
Malaysia

3.6

Dec 2017

3.7

Sep 2017

0.4

Jun 2013

20.2

Jun 2008

%

quarterly

Mar 2000 - Dec 2017

Updated on Feb 2018
Laos

-7.8

2016

-15.7

2015

-15.7

2015

6.4

1999

%

yearly

1984 - 2016

Updated on 2018
Macau

27.0

2016

25.3

2015

14.7

2006

40.9

2011

%

yearly

2002 - 2016

Updated on 2018
Myanmar

-8.3

2016

-2.2

2015

-8.3

2016

0.0

2007

%

yearly

1986 - 2016

Updated on 2018
Nepal

-0.4

2017

6.2

2016

-2.6

2010

6.2

2016

%

yearly

2001 - 2017

Updated on 2018
New Zealand

-1.8

Sep 2017

-2.1

Jun 2017

-9.0

Jun 2008

0.7

Sep 2009

%

quarterly

Jun 1987 - Sep 2017

Updated on Feb 2018
Pakistan

-4.1

2017

-1.7

2016

-8.1

2008

4.4

2003

%

yearly

1977 - 2017

Updated on 2018
Philippines

0.7

Sep 2017

-0.1

Jun 2017

-10.1

Dec 1983

8.7

Dec 2006

%

quarterly

Mar 1981 - Sep 2017

Updated on Feb 2018
Singapore

15.1

Dec 2017

22.5

Sep 2017

-6.3

Mar 1987

32.2

Mar 2007

%

quarterly

Mar 1986 - Dec 2017

Updated on Feb 2018
Sri Lanka

-3.9

Jun 2017

-3.2

Mar 2017

-11.8

Jun 2008

2.4

Sep 2009

%

quarterly

Mar 2002 - Jun 2017

Updated on Feb 2018
Taiwan

14.0

Sep 2017

12.2

Jun 2017

-12.8

Jun 1974

22.6

Sep 1986

%

quarterly

Mar 1974 - Sep 2017

Updated on Feb 2018
Thailand

10.4

Dec 2017

11.9

Sep 2017

-11.9

Jun 2005

16.6

Mar 2016

%

quarterly

Mar 1993 - Dec 2017

Updated on Feb 2018
Vietnam

4.0

2016

0.5

2015

-12.8

1995

6.1

2012

%

yearly

1989 - 2016

Updated on 2018
Albania

-4.6

Sep 2017

-7.7

Jun 2017

-19.1

Dec 2008

-4.3

Jun 2015

%

quarterly

Mar 2008 - Sep 2017

Updated on Feb 2018
Armenia

0.1

Sep 2017

1.6

Jun 2017

-64.3

Mar 1995

6.0

Dec 2004

%

quarterly

Dec 1994 - Sep 2017

Updated on Feb 2018
Azerbaijan

2.6

Sep 2017

4.0

Jun 2017

-5.4

Mar 2016

24.6

Mar 2013

%

quarterly

Mar 2013 - Sep 2017

Updated on Feb 2018
Belarus

0.6

Sep 2017

2.7

Jun 2017

-21.3

Mar 2011

12.0

Mar 2005

%

quarterly

Mar 1996 - Sep 2017

Updated on Feb 2018
Bosnia and Herzegovina

-2.9

Sep 2017

-6.2

Jun 2017

-14.3

Jun 2008

-2.8

Mar 2010

%

quarterly

Mar 2008 - Sep 2017

Updated on Feb 2018
Croatia

28.1

Sep 2017

1.2

Jun 2017

-25.9

Dec 1997

31.0

Sep 2015

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Georgia

-3.0

Sep 2017

-7.7

Jun 2017

-29.9

Mar 2008

-1.5

Sep 2013

%

quarterly

Mar 1996 - Sep 2017

Updated on Feb 2018
Kazakhstan

-4.1

Sep 2017

-4.0

Jun 2017

-25.6

Dec 1999

15.0

Mar 2014

%

quarterly

Dec 1997 - Sep 2017

Updated on Feb 2018
Kyrgyzstan

-1.2

Sep 2017

-7.8

Jun 2017

-31.1

Mar 2008

11.0

Jun 2009

%

quarterly

Mar 2000 - Sep 2017

Updated on Feb 2018
Macedonia

6.8

Sep 2017

-3.8

Jun 2017

-21.0

Dec 2008

7.2

Sep 2006

%

quarterly

Mar 2000 - Sep 2017

Updated on Feb 2018
Moldova

-8.2

Sep 2017

-10.8

Jun 2017

-33.8

Mar 1998

12.6

Mar 2003

%

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Mongolia

-7.8

Sep 2017

-4.1

Jun 2017

-56.5

Mar 2012

15.1

Sep 2006

%

quarterly

Mar 2000 - Sep 2017

Updated on Feb 2018
Mauritius

-5.9

Sep 2017

-6.9

Jun 2017

-16.7

Sep 2011

1.6

Mar 2007

%

quarterly

Mar 2007 - Sep 2017

Updated on Feb 2018
Montenegro

18.1

Sep 2017

-31.5

Jun 2017

-41.4

Mar 2017

23.9

Sep 2015

%

quarterly

Mar 2010 - Sep 2017

Updated on Feb 2018
Russia

-0.6

Sep 2017

0.6

Jun 2017

-3.7

Jun 1998

21.4

Mar 2000

%

quarterly

Mar 1994 - Sep 2017

Updated on Feb 2018
Serbia

-3.9

Sep 2017

-3.6

Jun 2017

-8.7

Mar 2017

-2.5

Dec 2016

%

quarterly

Mar 2013 - Sep 2017

Updated on Feb 2018
Tajikistan

-0.4

Jun 2017

7.1

Mar 2017

-34.9

Mar 2012

11.3

Sep 2014

%

quarterly

Mar 2010 - Jun 2017

Updated on Feb 2018
Turkey

-4.4

Sep 2017

-6.3

Jun 2017

-11.4

Mar 2011

5.8

Jun 1994

%

quarterly

Mar 1987 - Sep 2017

Updated on Feb 2018
Ukraine

-5.2

Sep 2017

-1.0

Jun 2017

-12.1

Sep 2013

21.2

Jun 1999

%

quarterly

Mar 1996 - Sep 2017

Updated on Feb 2018
Morocco

1.1

Sep 2017

-9.1

Jun 2017

-9.1

Jun 2017

1.7

Sep 2015

%

quarterly

Mar 2014 - Sep 2017

Updated on Feb 2018
Nigeria

2.4

Sep 2017

1.4

Jun 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Sep 2017

Updated on Dec 2017
Oman

-18.4

2016

-15.7

2015

-21.9

1998

16.7

2005

%

yearly

1974 - 2016

Updated on 2018
Qatar

-5.5

2016

8.4

2015

-26.5

1995

33.8

1980

%

yearly

1978 - 2016

Updated on 2018
Saudi Arabia

5.7

Sep 2017

-1.7

Jun 2017

-14.6

Dec 2015

35.2

Jun 2008

%

quarterly

Mar 2006 - Sep 2017

Updated on Feb 2018
South Africa

-2.3

Sep 2017

-2.4

Jun 2017

-11.0

Mar 1971

13.9

Mar 1980

%

quarterly

Mar 1960 - Sep 2017

Updated on Feb 2018
Sudan

-3.7

2016

-5.6

2015

-11.7

1992

2.2

1985

%

yearly

1977 - 2016

Updated on 2018
Syria

-0.6

2010

-1.9

2009

-13.6

1985

29.2

1990

%

yearly

1980 - 2010

Updated on 2018
Tunisia

-8.8

2016

-8.9

2015

-11.1

1977

2.1

1988

%

yearly

1976 - 2016

Updated on 2018
Yemen

-8.0

2015

-3.4

2014

-10.1

2009

12.3

2000

%

yearly

1991 - 2015

Updated on 2018
United Arab Emirates

2.4

2016

4.7

2015

-0.1

1998

21.3

2012

%

yearly

1996 - 2016

Updated on 2018
Egypt

-2.5

Sep 2017

-4.8

Jun 2017

-7.8

Dec 2016

7.7

Sep 2003

%

quarterly

Sep 2001 - Sep 2017

Updated on Feb 2018
Kuwait

0.6

2016

7.4

2015

-244.9

1991

56.5

1979

%

yearly

1975 - 2016

Updated on 2018
Ivory Coast

-0.6

2016

-0.6

2015

-21.6

1980

10.4

2011

%

yearly

1975 - 2016

Updated on 2018
European Union

2.1

Sep 2017

0.8

Jun 2017

-2.7

Jun 2008

2.2

Dec 2016

%

quarterly

Mar 1999 - Sep 2017

Updated on Feb 2018
Kenya

-7.0

Sep 2017

-6.2

Jun 2017

-13.4

Sep 2014

-1.5

Mar 2016

%

quarterly

Mar 2009 - Sep 2017

Updated on Feb 2018
Iran

3.9

2017

0.3

2016

-1.1

1999

10.1

2012

%

yearly

1997 - 2017

Updated on 2018
Lebanon

-16.4

2015

-24.4

2014

-25.6

2003

-5.1

2006

%

yearly

2002 - 2015

Updated on 2018
Kosovo

14.7

Sep 2017

-15.2

Jun 2017

-24.6

Dec 2011

14.7

Sep 2017

%

quarterly

Mar 2010 - Sep 2017

Updated on Feb 2018

More Indicators for Iceland

Indicator Last Previous Min Max Unit Frequency Range
Government Debt: % of GDP

53.4

2016

67.5

2015

24.7

2005

94.7

2011

%

yearly

1998 - 2016

Updated on 2018
Business Confidence: Net Balance

-38.8

Dec 2017

-58.6

Sep 2017

-64.3

Jun 2009

78.8

Sep 2013

% Point

quarterly

Mar 2006 - Dec 2017

Updated on Feb 2018
Foreign Direct Investment

-3,382.9

Sep 2017

-202.9

Jun 2017

-3,382.9

Sep 2017

3,137.8

Jun 2007

USD mn

quarterly

Mar 1976 - Sep 2017

Updated on Dec 2017
Total Imports Growth

39.7

Dec 2017

6.7

Nov 2017

-37.1

May 2009

92.8

Dec 2006

%

monthly

Jan 1989 - Dec 2017

Updated on Feb 2018
Money Supply M2

10,305.04

Nov 2017

10,154.90

Oct 2017

971.05

Sep 1986

10,495.56

Jun 2017

USD mn

monthly

Sep 1986 - Nov 2017

Updated on Dec 2017
Forecast: Government Revenue

1,439.61

2022

1,370.95

2021

5.76

1980

1,439.61

2022

ISK bn

yearly

1980 - 2022

Updated on 2017
Teledensity: Fixed Line

48.36

2016

49.94

2015

18.80

1960

69.82

2000

Number

yearly

1960 - 2016

Updated on 2017
Real GDP Growth

1.5

Sep 2017

1.3

Jun 2017

-7.9

Mar 2009

12.6

Dec 2007

%

quarterly

Mar 1998 - Sep 2017

Updated on Feb 2018
Labour Productivity Growth

3.10

Sep 2017

2.40

Jun 2017

-6.02

Jun 2010

11.56

Sep 2004

%

quarterly

Mar 2004 - Sep 2017

Updated on Feb 2018
Domestic Credit Growth

5.6

Dec 2017

4.1

Nov 2017

-58.8

Sep 2009

56.1

Sep 2008

%

monthly

Sep 1994 - Dec 2017

Updated on Jan 2018
Market Capitalization: % of GDP

39.6

2016

46.1

2015

7.5

1994

219.1

2006

%

yearly

1994 - 2016

Updated on 2018
Total Imports

575.4

Nov 2017

629.3

Oct 2017

69.1

Jan 1990

780.5

Jul 2008

USD mn

monthly

Jan 1988 - Nov 2017

Updated on Jan 2018
CPI: Food and Non Alcoholic Beverage Change

-1.40

Nov 2017

-2.23

Oct 2017

-7.10

May 2005

30.35

Dec 2008

%

monthly

Nov 1993 - Nov 2017

Updated on Nov 2017
Forecast: Nominal GDP Per Capita

96,036.76

2022

94,167.88

2021

11,777.21

1983

96,036.76

2022

USD

yearly

1980 - 2022

Updated on 2017
Exports: Medicinal and Pharmaceutical Product

4,132.73

2016

3,593.06

2015

9.12

1999

4,132.73

2016

USD th

yearly

1995 - 2016

Updated on 2017
Public Consumption: % of GDP

21.3

Sep 2017

23.7

Jun 2017

20.3

Sep 1997

25.7

Mar 2009

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Retail Sales Growth

5.0

Aug 2017

5.3

Jun 2017

-3.9

Apr 2009

15.3

Aug 2007

%

monthly

Feb 2002 - Aug 2017

Updated on Nov 2017
Equity Market Index

1,367.4

Jan 2018

1,290.0

Dec 2017

386.8

Mar 2009

7,867.9

Jul 2007

31Dec1997=1000

monthly

Jan 2001 - Jan 2018

Updated on Jan 2018
Domestic Credit

25,242.0

Dec 2017

25,404.9

Nov 2017

2,970.6

Dec 1993

69,385.8

Mar 2008

USD mn

monthly

Sep 1993 - Dec 2017

Updated on Jan 2018
Non Performing Loans Ratio

6.0

2016

8.0

2015

6.0

2016

42.0

2009

%

yearly

2009 - 2016

Updated on 2017
Visitor Arrivals

1,289,000

2015

997,600

2014

190,000

1995

1,289,000

2015

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

1.74

Nov 2017

2.07

Oct 2017

1.09

Sep 1998

18.19

Jan 2009

%

monthly

Mar 1998 - Nov 2017

Updated on Nov 2017
Forecast: Government Expenditure

1,404.51

2022

1,329.76

2021

5.55

1980

1,404.51

2022

ISK bn

yearly

1980 - 2022

Updated on 2017
Motor Vehicle Sales: Commercial Cars

2,293.00

Dec 2016

1,250.00

Jun 2016

278.00

Jun 2012

3,363.00

Dec 2007

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
Population

0.3

2016

0.3

2015

0.0

1786

0.3

2016

Person mn

yearly

1732 - 2016

Updated on 2017
Capital Adequacy Ratio

26.6

Jun 2017

27.7

Dec 2016

21.6

Mar 2012

28.5

Jun 2016

%

quarterly

Mar 2011 - Jun 2017

Updated on Oct 2017
Household Debt: % of GDP

76.5

2016

82.6

2015

72.1

1997

113.3

2009

%

yearly

1997 - 2016

Updated on 2018
Short Term Interest Rate

4.65

Jan 2018

4.65

Dec 2017

4.00

Jul 2011

18.57

Oct 2008

% pa

monthly

Aug 1998 - Jan 2018

Updated on Jan 2018
Gold Reserves

81.23

Nov 2017

81.30

Oct 2017

0.90

Nov 1974

115.37

Aug 2011

USD mn

monthly

Jan 1957 - Nov 2017

Updated on Dec 2017
Forecast: Government Net Debt

875.67

2022

1,003.97

2021

11.63

1982

1,653.19

2014

ISK bn

yearly

1982 - 2022

Updated on 2017
Motor Vehicle Sales: Passenger Cars

18,442.00

Dec 2016

12,119.00

Jun 2016

2,113.00

Dec 2009

18,442.00

Dec 2016

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
GDP Deflator Growth

2.0

Sep 2017

2.9

Jun 2017

-1.2

Mar 2017

25.2

Dec 2008

%

quarterly

Mar 1998 - Sep 2017

Updated on Feb 2018
Unemployment Rate

2.90

Dec 2017

2.91

Nov 2017

2.44

Nov 2007

7.63

Apr 2010

%

monthly

Jan 2003 - Dec 2017

Updated on Jan 2018
Direct Investment Abroad

-3,598.5

Sep 2017

56.8

Jun 2017

-3,598.5

Sep 2017

4,143.6

Jun 2007

USD mn

quarterly

Mar 1990 - Sep 2017

Updated on Dec 2017
Long Term Interest Rate

4.46

Jan 2018

4.31

Dec 2017

3.45

Feb 2005

13.10

Oct 2008

% pa

monthly

Jan 1992 - Jan 2018

Updated on Jan 2018
Total Exports

397.9

Dec 2017

455.7

Nov 2017

56.4

Jan 1988

632.8

May 2008

USD mn

monthly

Jan 1988 - Dec 2017

Updated on Jan 2018
Bank Lending Rate

6.83

Jan 2018

6.89

Dec 2017

6.83

Jan 2018

47.00

Aug 1983

% pa

monthly

Nov 1982 - Jan 2018

Updated on Feb 2018
Consumer Confidence: Net Balance

37.0

Dec 2017

24.0

Nov 2017

-80.5

Jan 2009

54.9

May 2007

% Point

monthly

Mar 2001 - Dec 2017

Updated on Feb 2018
External Debt: % of GDP

116.6

2016

176.0

2015

54.4

1990

958.0

2008

%

yearly

1989 - 2016

Updated on 2017
Producer Price Index Growth

2.4

Dec 2017

1.8

Nov 2017

-12.3

Jan 2014

68.5

Nov 2008

%

monthly

Jan 2007 - Dec 2017

Updated on Jan 2018
Trade Balance

-191.8

Dec 2017

-83.7

Nov 2017

-372.6

Dec 2006

194.1

Dec 2008

USD mn

monthly

Jan 1957 - Dec 2017

Updated on Jan 2018
Tax Revenue

2,067.52

Sep 2017

2,021.47

Jun 2017

864.60

Jun 2009

4,436.70

Mar 2016

USD mn

quarterly

Mar 2004 - Sep 2017

Updated on Feb 2018
Forecast: GDP PPP Per Capita

63,052.47

2022

60,916.81

2021

10,732.45

1980

63,052.47

2022

PPP Intl $

yearly

1980 - 2022

Updated on 2017
House Prices Growth

14.5

Jan 2018

15.0

Dec 2017

-13.2

Jul 2009

33.4

Sep 2005

%

monthly

Mar 2001 - Jan 2018

Updated on Feb 2018
Consumer Confidence Growth

9.3

Dec 2017

-9.2

Nov 2017

-96.4

Jan 2009

58.5

May 2007

% Point

monthly

Mar 2002 - Dec 2017

Updated on Feb 2018
Exchange Rate against USD

102.800

Jan 2018

104.790

Dec 2017

0.163

Jan 1960

136.820

Mar 2015

ISK/USD

monthly

Jan 1957 - Jan 2018

Updated on Feb 2018
Foreign Exchange Reserves

6,198.2

Dec 2017

6,120.2

Nov 2017

296.0

Jul 2001

8,591.3

Nov 2011

USD mn

monthly

Oct 2000 - Dec 2017

Updated on Jan 2018
Visitor Arrivals Growth

39.0

2016

29.2

2015

-5.3

2002

39.0

2016

%

yearly

1996 - 2016

Updated on 2018
Forecast: Real GDP Growth

2.65

2022

2.70

2021

-6.94

2009

9.35

2007

%

yearly

1980 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

0.5

Sep 2017

0.5

Jun 2017

-13.3

Dec 2008

15.3

Mar 2016

%

quarterly

Mar 2004 - Sep 2017

Updated on Dec 2017
Consumer Price Index CPI Growth

2.4

Jan 2018

1.9

Dec 2017

-0.1

Nov 1994

25.2

Dec 1989

%

monthly

May 1989 - Jan 2018

Updated on Feb 2018
External Debt

21,310.1

Sep 2017

24,481.6

Jun 2017

3,133.4

Dec 1989

146,571.2

Sep 2008

USD mn

quarterly

Dec 1989 - Sep 2017

Updated on Dec 2017
Real Effective Exchange Rate

92.9

Dec 2017

93.9

Nov 2017

56.9

Nov 2008

106.9

Nov 2005

2005=100

monthly

Jan 1979 - Dec 2017

Updated on Jan 2018
Gross National Product

20,644.87

2016

16,850.01

2015

247.37

1960

20,644.87

2016

USD mn

yearly

1960 - 2016

Updated on 2017
Gross Savings Rate

34.3

Sep 2017

23.8

Jun 2017

15.0

Jun 2005

35.1

Sep 2016

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Labour Force Participation Rate

81.8

Dec 2017

80.4

Nov 2017

76.1

Nov 2011

87.4

Jul 2007

%

monthly

Jan 2003 - Dec 2017

Updated on Jan 2018
M2 Growth

10.1

Apr/2017

12.3

Mar/2017

-14.6

Jan/2013

88.3

Nov/2008

%

monthly

Sep/1987 - Apr/2017

Updated on Jun/2017
Reserve Requirement Ratio

2.0

Jan 2018

2.0

Dec 2017

2.0

Jan 2018

28.0

Mar 1985

%

monthly

Jun 1979 - Jan 2018

Updated on Feb 2018
Private Consumption Expenditure

3,035.35

Sep 2017

3,034.14

Jun 2017

1,046.17

Mar 1997

3,306.23

Dec 2007

USD mn

quarterly

Mar 1997 - Sep 2017

Updated on Dec 2017
Forecast: Employment

0.20

2018

0.20

2017

0.11

1980

0.20

2018

Person mn

yearly

1980 - 2018

Updated on 2017
Investment: % of GDP

24.1

Sep 2017

21.3

Jun 2017

12.0

Jun 2010

39.9

Dec 2006

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Business Confidence Growth

-39.9

Dec 2017

-118.6

Sep 2017

-118.6

Sep 2017

103.6

Mar 2014

% Point

quarterly

Mar 2007 - Dec 2017

Updated on Feb 2018
Foreign Direct Investment: % of GDP

-52.1

Sep 2017

-3.4

Jun 2017

-52.1

Sep 2017

62.0

Dec 2005

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Policy Rate

5.00

Jan 2018

5.00

Dec 2017

4.25

Jul 2011

18.00

Feb 2009

% pa

monthly

Jan 1994 - Jan 2018

Updated on Jan 2018
Gross Fixed Capital Formation

1,414.76

Sep 2017

1,372.51

Jun 2017

389.32

Mar 1997

1,805.01

Dec 2006

USD mn

quarterly

Mar 1997 - Sep 2017

Updated on Dec 2017
Forecast: Current Account Balance

1.75

2022

1.73

2021

-3.99

2008

1.75

2022

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

4.00

2022

4.00

2021

0.31

1980

7.56

2010

%

yearly

1980 - 2022

Updated on 2017
Aluminum: Exports

1,584,813.49

2016

1,874,543.47

2015

181,851.49

1996

2,116,203.61

2011

USD th

yearly

1995 - 2016

Updated on 2017
Industrial Production Index Growth

4.1

2015

-2.3

2014

-2.3

2014

41.1

2008

%

yearly

2008 - 2015

Updated on 2017
External Debt: Short Term

768.0

Sep 2017

692.3

Jun 2017

462.6

Mar 1995

50,745.4

Sep 2008

USD mn

quarterly

Dec 1989 - Sep 2017

Updated on Dec 2017
Tourism Revenue

1,618

2015

1,375

2014

309

1995

1,618

2015

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

198,300.00

Jan 2018

197,600.00

Dec 2017

155,200.00

Jan 2003

198,300.00

Jan 2018

Person

monthly

Jan 2003 - Jan 2018

Updated on Feb 2018
Motor Vehicles Sales Growth

32.9

2016

46.8

2015

-76.6

2009

61.1

2011

%

yearly

2006 - 2016

Updated on 2018
Forecast: Consumer Price Index Growth

2.50

2022

2.50

2021

1.55

1994

84.28

1983

%

yearly

1980 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

1.68

2022

2.16

2021

-17.13

1982

17.54

2007

%

yearly

1980 - 2022

Updated on 2017
Imports: Telecommunication Equipment

124,715.53

2016

111,397.31

2015

40,439.60

1995

124,715.53

2016

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Television

19,309.64

2016

22,126.90

2015

11,128.60

1995

40,302.34

2005

USD th

yearly

1995 - 2016

Updated on 2017
Number of Subscriber Mobile

401,613.00

2016

383,919.00

2015

0.00

1985

401,613.00

2016

Person

yearly

1960 - 2016

Updated on 2017
Container Port Throughput

261,700.00

2016

238,723.00

2015

192,778.00

2010

267,151.00

2008

TEU

yearly

2008 - 2016

Updated on 2017
Liner Shipping Connectivity Index

7.16

2017

11.83

2016

4.41

2014

11.83

2016

2004=100

yearly

2004 - 2017

Updated on 2017
Exports: Medicament

70,184.15

2016

72,122.70

2015

5,292.78

1997

127,029.70

2010

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Medicament

935.82

2016

617.81

2015

15.68

2004

1,181.74

2001

USD th

yearly

1995 - 2016

Updated on 2017
GDP per Capita

60,498.00

2016

51,180.00

2015

1,414.98

1960

68,503.00

2007

USD

yearly

1960 - 2016

Updated on 2017
Private Consumption: % of GDP

44.5

Sep 2017

52.5

Jun 2017

44.1

Sep 2016

62.0

Jun 2000

%

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Total Deposits

16,931.00

Dec 2017

17,414.89

Nov 2017

2,147.31

Feb 1994

48,529.56

Mar 2008

USD mn

monthly

Sep 1993 - Dec 2017

Updated on Jan 2018
Imports: ICT Goods

283,984.87

2015

275,058.26

2014

143,122.97

2009

383,531.70

2007

USD th

yearly

2000 - 2015

Updated on 2017
Exports: Telecommunication Equipment

2,569.24

2016

3,557.36

2015

3.98

1995

3,780.35

2008

USD th

yearly

1995 - 2016

Updated on 2017
Exports: Television

213.09

2016

148.77

2015

0.31

1997

274.10

2013

USD th

yearly

1996 - 2016

Updated on 2017
Nominal Residential Property Price Index

190.36

Sep 2017

183.76

Jun 2017

45.81

Mar 2000

190.36

Sep 2017

2010=100

quarterly

Mar 2000 - Sep 2017

Updated on Nov 2017
Nominal Residential Property Price Index Growth

20.40

Sep 2017

23.15

Jun 2017

-11.33

Sep 2009

33.45

Sep 2005

%

quarterly

Mar 2001 - Sep 2017

Updated on Nov 2017
Real Residential Property Price Index

155.77

Sep 2017

150.75

Jun 2017

85.07

Mar 2000

155.77

Sep 2017

2010=100

quarterly

Mar 2000 - Sep 2017

Updated on Nov 2017
Real Residential Property Price Index Growth

18.44

Sep 2017

21.05

Jun 2017

-24.06

Mar 2009

28.35

Sep 2005

%

quarterly

Mar 2001 - Sep 2017

Updated on Nov 2017
Number of Subscriber Fixed Line

164,566.00

2016

168,149.00

2015

33,000.00

1960

199,503.00

2008

Unit

yearly

1960 - 2016

Updated on 2017
Teledensity: Mobile

118.01

2016

114.01

2015

0.00

1985

118.01

2016

Number

yearly

1960 - 2016

Updated on 2017
Imports: Medicinal and Pharmaceutical Product

421.31

2016

362.75

2015

6.47

1995

494.65

2014

USD th

yearly

1995 - 2016

Updated on 2017
Minerals Production

870,016.00

2015

853,639.00

2014

785,900.00

2011

870,016.00

2015

Metric Ton

yearly

2009 - 2015

Updated on 2017
National Government Debt

10,832.4

2016

11,431.2

2015

3,344.0

2000

14,168.0

2014

USD mn

yearly

1998 - 2016

Updated on 2017
Monthly Earnings

5,769

2016

4,534

2015

2,538

2001

6,603

2007

USD

yearly

1998 - 2016

Updated on 2018
Nominal GDP

6,149.1

Sep 2017

6,027.6

Jun 2017

1,864.1

Jun 1997

6,149.1

Sep 2017

USD mn

quarterly

Mar 1997 - Sep 2017

Updated on Feb 2018
Current Account Balance

644.9

Sep 2017

143.4

Jun 2017

-1,803.0

Jun 2008

852.3

Sep 2016

USD mn

quarterly

Mar 1976 - Sep 2017

Updated on Feb 2018
Electricity Production

18,122

2014

18,116

2013

0

1915

18,122

2014

GWh

yearly

1915 - 2014

Updated on 2016
External Debt: Short Term: % of GDP

4.8

2016

63.0

2015

4.8

2016

350.7

2008

%

yearly

1989 - 2016

Updated on 2018
Liquid Assets Ratio

22.8

Dec 2015

22.0

Jun 2015

17.5

Jun 2012

24.3

Jun 2014

%

quarterly

Mar 2011 - Dec 2015

Updated on Apr 2017
Household Debt

18,362.1

Sep 2017

18,281.8

Jun 2017

3,617.1

Dec 1991

25,254.2

Dec 2007

USD mn

quarterly

Dec 1991 - Sep 2017

Updated on Dec 2017
Motor Vehicles Sales

20,735

2016

15,605

2015

2,471

2009

20,870

2005

Unit

yearly

2005 - 2016

Updated on 2017
Foreign Exchange Reserves: Months of Import

10.6

Nov 2017

9.7

Oct 2017

1.3

Mar 2001

22.3

Feb 2012

NA

monthly

Oct 2000 - Nov 2017

Updated on Jan 2018
Foreign Portfolio Investment

-41.03

Sep 2017

-1,155.20

Jun 2017

-6,939.29

Dec 2015

5,386.16

Jun 2005

USD mn

quarterly

Mar 1995 - Sep 2017

Updated on Feb 2018
Total Exports Growth

29.0

Jan 2018

3.7

Dec 2017

-32.2

Apr 2003

135.6

Sep 2008

%

monthly

Jan 1989 - Jan 2018

Updated on Feb 2018
Tourism Revenue Growth

49.0

2016

17.7

2015

-37.6

2009

49.0

2016

%

yearly

1996 - 2016

Updated on 2018
Nominal GDP Growth

3.52

Sep 2017

4.32

Jun 2017

-2.74

Dec 2009

20.75

Dec 2008

%

quarterly

Mar 1998 - Sep 2017

Updated on Dec 2017
Public Consumption Expenditure

1,412.09

Sep 2017

1,406.74

Jun 2017

377.95

Mar 1997

1,412.09

Sep 2017

USD mn

quarterly

Mar 1997 - Sep 2017

Updated on Dec 2017
Money Supply M1

4,661.28

Nov 2017

4,667.66

Oct 2017

27.37

Nov 1960

6,360.63

Mar 2008

USD mn

monthly

Apr 1960 - Nov 2017

Updated on Dec 2017
Foreign Exchange Reserves: % of GDP

25.55

Sep 2017

25.16

Jun 2017

3.76

Mar 2003

55.27

Dec 2011

%

quarterly

Dec 2000 - Sep 2017

Updated on Dec 2017
Forecast: Population

0.36

2022

0.36

2021

0.23

1980

0.36

2022

Person mn

yearly

1980 - 2022

Updated on 2017
Motor Vehicle Registered

261.75

2015

251.12

2014

214.00

2005

261.75

2015

Unit th

yearly

2005 - 2015

Updated on 2017
Exports: ICT Goods

8,713.16

2015

7,709.01

2014

1,503.28

2002

9,446.67

2008

USD th

yearly

2000 - 2015

Updated on 2017