Explore our Data

Submit

Iceland Forecast: Unemployment Rate

1980 - 2023 | Yearly | % | International Monetary Fund - World Economic Outlook

Iceland’s Unemployment Rate is forecasted to be 3.10 % in Dec 2018 as reported by International Monetary Fund - World Economic Outlook. It records no change from the last reported number of 2.79 % in Dec 2017. Looking ahead, Iceland’s Unemployment Rate is projected to stand at 4.00 % in Dec 2023. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate.

CEIC only displays a select group of indicators on our website.
Explore the complete set of 4 million+ time series by registering for a free trial.

What is Iceland's Forecast: Unemployment Rate in 2023?

Last

4.00

2023
Previous

4.00

2022
Min

0.31

1980
Max

7.56

2010
Unit

%

Frequency

yearly

Range

1980 - 2023

Updated on 12 Jul 2018
Last Previous Min Max Unit Frequency Range

4.00

2023

4.00

2022

0.31

1980

7.56

2010

%

yearly

1980 - 2023

Updated on 12 Jul 2018

View Iceland's Forecast: Unemployment Rate from 1980 to 2023 in the chart:

Iceland Forecast: Unemployment Rate

Series Details
Series ID

260596201

Name

Iceland Forecast: Unemployment Rate

Country

Iceland

Frequency

Yearly

Unit

%

Status

Active

Source

International Monetary Fund - World Economic Outlook

First Date

1980

Last Date

2023

Last Updated

12 Jul 2018

Statistics
Mean

3.17

Variance

3.41

Standard deviation

1.85

Skewness

0.49

Kurtosis

-0.01

Coefficient variation

0.58

Median

3.03

Max
2010

7.56

Min
1980

0.31

Previous observation
2022

4.00

Last observation
2023

4.00

Number of Observations

44

Get This Data

More Countries/Regions for Forecast: Unemployment Rate

Country/Region Last Previous Min Max Unit Frequency Range
Albania

12.40

2023

12.65

2022

2.81

1982

26.50

1992

%

yearly

1980 - 2023

Updated on 2018-07-12
Algeria

17.65

2023

15.93

2022

9.83

2013

29.50

2000

%

yearly

1980 - 2023

Updated on 2018-07-12
Argentina

6.00

2023

6.08

2022

3.00

1980

22.45

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Armenia

18.15

2023

18.25

2022

16.20

2013

38.40

2001

%

yearly

2001 - 2023

Updated on 2018-07-12
Australia

4.98

2023

4.96

2022

4.25

2008

10.86

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Austria

5.10

2023

5.10

2022

1.60

1980

6.03

2016

%

yearly

1980 - 2023

Updated on 2018-07-12
Azerbaijan

4.87

2023

4.89

2022

4.87

2023

11.78

2000

%

yearly

2000 - 2023

Updated on 2018-07-12
Bahamas

7.76

2023

7.85

2022

6.90

2001

15.89

2011

%

yearly

1986 - 2023

Updated on 2018-07-12
Bahrain

3.85

2023

3.85

2022

3.36

2015

5.60

2007

%

yearly

2007 - 2023

Updated on 2018-07-12
Barbados

9.52

2023

9.56

2022

7.42

2007

24.41

1993

%

yearly

1981 - 2023

Updated on 2018-07-12
Belarus

1.02

2023

1.02

2022

0.10

1991

4.02

1996

%

yearly

1991 - 2023

Updated on 2018-07-12
Belgium

6.61

2023

6.65

2022

6.45

1991

11.50

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Belize

14.70

2023

13.95

2022

7.97

2016

15.00

1990

%

yearly

1990 - 2023

Updated on 2018-07-12
Bhutan

3.20

2023

3.20

2022

2.30

2005

4.00

2009

%

yearly

2004 - 2023

Updated on 2018-07-12
Bolivia

4.00

2023

4.00

2022

3.23

2012

8.71

2003

%

yearly

2000 - 2023

Updated on 2018-07-12
Bosnia and Herzegovina

24.50

2023

23.50

2022

20.50

2017

70.00

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
Brazil

9.50

2023

9.50

2022

6.79

2014

14.70

1999

%

yearly

1991 - 2023

Updated on 2018-07-12
Brunei

6.90

2023

6.90

2022

6.90

2023

9.30

2011

%

yearly

2011 - 2023

Updated on 2018-07-12
Bulgaria

5.45

2023

5.45

2022

0.03

1989

18.13

2000

%

yearly

1989 - 2023

Updated on 2018-07-12
Canada

6.50

2023

6.39

2022

6.03

2007

12.00

1983

%

yearly

1980 - 2023

Updated on 2018-07-12
Cape Verde

8.50

2023

8.50

2022

8.50

2023

26.00

1995

%

yearly

1980 - 2023

Updated on 2018-07-12
Chile

6.00

2023

5.97

2022

5.80

2019

21.00

1983

%

yearly

1980 - 2023

Updated on 2018-07-12
China

4.00

2023

4.00

2022

1.80

1985

4.90

1980

%

yearly

1980 - 2023

Updated on 2018-07-12
Colombia

9.00

2023

9.00

2022

4.91

1994

15.58

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Costa Rica

7.63

2023

7.63

2022

3.77

1989

9.74

2015

%

yearly

1980 - 2023

Updated on 2018-07-12
Croatia

10.00

2023

10.50

2022

9.91

1997

21.78

2002

%

yearly

1991 - 2023

Updated on 2018-07-12
Cyprus

6.52

2023

6.99

2022

1.80

1990

16.07

2014

%

yearly

1982 - 2023

Updated on 2018-07-12
Czech Republic

3.50

2023

3.50

2022

2.89

2017

8.76

2000

%

yearly

1995 - 2023

Updated on 2018-07-12
Denmark

5.80

2023

5.80

2022

3.46

2008

9.53

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Dominican Republic

5.10

2023

5.10

2022

4.64

2008

9.54

1992

%

yearly

1991 - 2023

Updated on 2018-07-12
Ecuador

4.52

2023

4.52

2022

3.80

2014

13.11

1999

%

yearly

1988 - 2023

Updated on 2018-07-12
Egypt

6.34

2023

6.97

2022

6.34

2023

13.37

2014

%

yearly

1990 - 2023

Updated on 2018-07-12
El Salvador

7.05

2023

7.05

2022

5.88

2008

10.15

1988

%

yearly

1988 - 2023

Updated on 2018-07-12
Estonia

6.08

2023

6.25

2022

4.59

2007

16.71

2010

%

yearly

1993 - 2023

Updated on 2018-07-12
Fiji

4.50

2023

4.50

2022

3.74

1996

12.00

1988

%

yearly

1986 - 2023

Updated on 2018-07-12
Finland

6.97

2023

7.03

2022

3.11

1989

16.70

1994

%

yearly

1980 - 2023

Updated on 2018-07-12
France

7.29

2023

7.53

2022

6.35

1980

10.89

1997

%

yearly

1980 - 2023

Updated on 2018-07-12
Georgia

11.76

2016

11.95

2015

7.55

1997

16.85

2009

%

yearly

1996 - 2016

Updated on 2018-07-12
Germany

3.38

2023

3.42

2022

3.36

1980

11.01

2005

%

yearly

1980 - 2023

Updated on 2018-07-12
Greece

14.74

2023

15.00

2022

2.66

1980

27.48

2013

%

yearly

1980 - 2023

Updated on 2018-07-12
Honduras

6.01

2023

6.06

2022

2.90

2007

7.38

2015

%

yearly

1980 - 2023

Updated on 2018-07-12
Hong Kong

3.09

2023

3.09

2022

1.08

1989

7.92

2003

%

yearly

1980 - 2023

Updated on 2018-07-12
Hungary

2.45

2023

2.72

2022

0.04

1985

11.29

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Iceland

4.00

2023

4.00

2022

0.31

1980

7.56

2010

%

yearly

1980 - 2023

Updated on 2018-07-12
Indonesia

5.00

2023

5.00

2022

1.52

1984

11.24

2005

%

yearly

1984 - 2023

Updated on 2018-07-12
Iran

10.29

2023

11.20

2022

9.09

1996

16.63

2001

%

yearly

1990 - 2023

Updated on 2018-07-12
Ireland

4.97

2023

5.05

2022

4.20

2001

19.00

1991

%

yearly

1985 - 2023

Updated on 2018-07-12
Israel

4.24

2023

4.24

2022

4.24

2023

13.40

2003

%

yearly

1980 - 2023

Updated on 2018-07-12
Italy

9.65

2023

9.85

2022

6.13

2007

12.63

2014

%

yearly

1980 - 2023

Updated on 2018-07-12
Jamaica

9.01

2023

9.48

2022

9.01

2023

27.58

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Japan

2.87

2023

2.87

2022

2.02

1980

5.36

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Jordan

15.28

2016

13.07

2015

5.36

1984

19.60

1993

%

yearly

1984 - 2016

Updated on 2018-07-12
Kazakhstan

4.95

2023

4.95

2022

4.95

2023

13.46

1999

%

yearly

1994 - 2023

Updated on 2018-07-12
South Korea

3.10

2023

3.10

2022

2.06

1996

6.95

1998

%

yearly

1980 - 2023

Updated on 2018-07-12
Kuwait

1.13

2023

1.13

2022

0.50

1992

7.18

1994

%

yearly

1981 - 2023

Updated on 2018-07-12
Kyrgyzstan

7.03

2023

7.03

2022

4.11

1994

12.55

2002

%

yearly

1994 - 2023

Updated on 2018-07-12
Latvia

7.85

2023

7.83

2022

3.18

1992

20.71

1996

%

yearly

1992 - 2023

Updated on 2018-07-12
Lithuania

6.45

2023

6.55

2022

4.25

2007

17.81

2010

%

yearly

1999 - 2023

Updated on 2018-07-12
Luxembourg

5.05

2023

5.04

2022

0.72

1980

7.08

2014

%

yearly

1980 - 2023

Updated on 2018-07-12
Macau

1.85

2023

1.85

2022

1.70

2014

6.38

2001

%

yearly

2001 - 2023

Updated on 2018-07-12
Macedonia

21.53

2023

21.63

2022

21.53

2023

37.25

2005

%

yearly

1996 - 2023

Updated on 2018-07-12
Malaysia

2.75

2023

2.75

2022

2.44

1997

8.26

1986

%

yearly

1985 - 2023

Updated on 2018-07-12
Malta

4.74

2023

4.74

2022

3.97

2017

12.50

1984

%

yearly

1983 - 2023

Updated on 2018-07-12
Mauritius

5.41

2023

5.41

2022

2.73

1991

20.56

1982

%

yearly

1982 - 2023

Updated on 2018-07-12
Mexico

3.43

2023

3.40

2022

0.90

1981

6.23

1995

%

yearly

1980 - 2023

Updated on 2018-07-12
Moldova

4.00

2023

4.00

2022

2.90

1993

15.00

1994

%

yearly

1993 - 2023

Updated on 2018-07-12
Mongolia

7.96

2023

7.96

2022

7.70

2011

11.60

2009

%

yearly

2007 - 2023

Updated on 2018-07-12
Morocco

8.26

2023

8.36

2022

8.26

2023

16.00

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
Myanmar

4.00

2023

4.00

2022

4.00

2023

4.00

2023

%

yearly

1998 - 2023

Updated on 2018-07-12
Netherlands

4.40

2023

4.50

2022

3.06

2000

8.25

1983

%

yearly

1980 - 2023

Updated on 2018-07-12
New Zealand

4.50

2023

4.44

2022

3.58

2007

10.68

1992

%

yearly

1980 - 2023

Updated on 2018-07-12
Nicaragua

5.93

2023

6.33

2022

5.00

2007

16.90

1995

%

yearly

1980 - 2023

Updated on 2018-07-12
Nigeria

16.48

2017

13.38

2016

5.09

2010

16.48

2017

%

yearly

2010 - 2017

Updated on 2018-07-12
Norway

3.70

2023

3.70

2022

1.65

1980

5.95

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Pakistan

6.39

2023

6.33

2022

3.07

1987

8.27

2003

%

yearly

1983 - 2023

Updated on 2018-07-12
Panama

5.82

2023

5.82

2022

4.05

2012

18.94

1989

%

yearly

1980 - 2023

Updated on 2018-07-12
Paraguay

5.79

2023

5.80

2022

3.30

1995

10.80

2002

%

yearly

1983 - 2023

Updated on 2018-07-12
Peru

6.71

2023

6.71

2022

4.16

1988

9.90

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Philippines

5.50

2023

5.50

2022

5.47

2016

11.82

2004

%

yearly

1985 - 2023

Updated on 2018-07-12
Poland

4.10

2023

3.99

2022

3.87

2020

19.93

2002

%

yearly

1990 - 2023

Updated on 2018-07-12
Portugal

5.45

2023

5.55

2022

3.86

1992

16.18

2013

%

yearly

1980 - 2023

Updated on 2018-07-12
Romania

5.00

2023

5.00

2022

3.40

1990

10.99

1994

%

yearly

1985 - 2023

Updated on 2018-07-12
Russia

5.50

2023

5.50

2022

5.16

2014

13.30

1998

%

yearly

1992 - 2023

Updated on 2018-07-12
San Marino

3.90

2023

4.67

2022

3.02

2007

9.18

2015

%

yearly

2001 - 2023

Updated on 2018-07-12
Sao Tome and Principe

9.72

2023

9.94

2022

9.72

2023

17.63

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Saudi Arabia

5.60

2016

5.59

2015

4.34

1999

6.25

2006

%

yearly

1999 - 2016

Updated on 2018-07-12
Serbia

12.86

2023

13.15

2022

12.10

2000

24.60

2012

%

yearly

1997 - 2023

Updated on 2018-07-12
Seychelles

3.00

2023

3.00

2022

1.72

2008

7.70

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
Singapore

2.10

2023

2.10

2022

1.43

1997

6.28

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Slovakia

5.98

2023

6.12

2022

5.98

2023

19.46

2001

%

yearly

1993 - 2023

Updated on 2018-07-12
Slovenia

6.20

2023

5.87

2022

4.39

2008

10.14

2013

%

yearly

1992 - 2023

Updated on 2018-07-12
South Africa

29.02

2023

28.89

2022

9.24

1980

29.02

2023

%

yearly

1980 - 2023

Updated on 2018-07-12
Spain

13.61

2023

13.68

2022

8.23

2007

26.09

2013

%

yearly

1980 - 2023

Updated on 2018-07-12
Sri Lanka

4.40

2023

4.40

2022

4.00

2012

15.90

1990

%

yearly

1990 - 2023

Updated on 2018-07-12
Sudan

15.62

2023

15.95

2022

12.03

2011

22.33

1981

%

yearly

1981 - 2023

Updated on 2018-07-12
Suriname

3.86

2023

4.61

2022

3.86

2023

13.77

2000

%

yearly

1994 - 2023

Updated on 2018-07-12
Sweden

6.60

2023

6.50

2022

2.02

1989

11.15

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Switzerland

2.81

2023

2.85

2022

0.19

1981

5.20

1997

%

yearly

1980 - 2023

Updated on 2018-07-12
Syria

8.61

2010

8.14

2009

8.09

2005

16.76

1997

%

yearly

1997 - 2010

Updated on 2018-07-12
Taiwan

3.66

2023

3.66

2022

1.23

1980

5.85

2009

%

yearly

1980 - 2023

Updated on 2018-07-12
Tajikistan

2.49

2011

2.20

2010

2.10

2009

2.50

2007

%

yearly

2003 - 2011

Updated on 2018-07-12
Thailand

0.70

2023

0.70

2022

0.66

2011

3.33

2001

%

yearly

2001 - 2023

Updated on 2018-07-12
Trinidad and Tobago

3.71

2023

3.79

2022

3.30

2014

22.24

1987

%

yearly

1981 - 2023

Updated on 2018-07-12
Tunisia

13.80

2023

14.00

2022

12.40

2007

18.89

2011

%

yearly

1990 - 2023

Updated on 2018-07-12
Turkey

10.55

2023

10.55

2022

6.00

2000

13.05

2009

%

yearly

1980 - 2023

Updated on 2018-07-12
Ukraine

7.97

2023

8.07

2022

6.35

2007

14.80

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
United Kingdom

4.50

2023

4.50

2022

4.40

2018

11.75

1984

%

yearly

1980 - 2023

Updated on 2018-07-12
United States

3.86

2023

3.59

2022

3.42

2020

9.71

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Uruguay

7.18

2023

7.18

2022

6.32

2012

17.15

2003

%

yearly

1983 - 2023

Updated on 2018-07-12
Venezuela

44.31

2023

42.33

2022

6.70

2014

44.31

2023

%

yearly

1999 - 2023

Updated on 2018-07-12
Vietnam

2.20

2023

2.20

2022

2.10

2014

12.33

1990

%

yearly

1990 - 2023

Updated on 2018-07-12

More Indicators for Iceland

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

1,994,863.11

2017

1,584,813.49

2016

181,851.49

1996

2,116,203.61

2011

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Bank Lending Rate

6.97

May 2018

6.85

Apr 2018

6.83

Jan 2018

47.00

Aug 1983

% pa

monthly

Nov 1982 - May 2018

Updated on 2018-06-04
Business Confidence Growth

-78.5

Jun 2018

-88.2

Mar 2018

-118.6

Sep 2017

103.6

Mar 2014

% Point

quarterly

Mar 2007 - Jun 2018

Updated on 2018-07-02
Business Confidence: Net Balance

-71.2

Jun 2018

-59.1

Mar 2018

-71.2

Jun 2018

78.8

Sep 2013

% Point

quarterly

Mar 2006 - Jun 2018

Updated on 2018-07-02
CPI: Food and Non Alcoholic Beverage Change

2.80

Jul 2018

2.99

Jun 2018

-7.10

May 2005

30.35

Dec 2008

%

monthly

Nov 1993 - Jul 2018

Updated on 2018-07-23
Capital Adequacy Ratio

25.0

Dec 2017

26.6

Jun 2017

21.6

Mar 2012

28.5

Jun 2016

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-04-12
Consolidated Fiscal Balance: % of GDP

0.4

Mar 2018

0.7

Dec 2017

-13.3

Dec 2008

15.2

Mar 2016

%

quarterly

Mar 2004 - Mar 2018

Updated on 2018-06-14
Consumer Confidence Growth

-17.2

Jun 2018

-16.5

May 2018

-96.4

Jan 2009

58.4

May 2007

% Point

monthly

Mar 2002 - Jun 2018

Updated on 2018-07-02
Consumer Confidence: Net Balance

4.1

Jun 2018

7.1

May 2018

-80.5

Jan 2009

54.9

May 2007

% Point

monthly

Mar 2001 - Jun 2018

Updated on 2018-07-02
Consumer Price Index CPI Growth

2.7

Jul 2018

2.6

Jun 2018

-0.1

Nov 1994

25.2

Dec 1989

%

monthly

May 1989 - Jul 2018

Updated on 2018-07-23
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 2017-10-25
Core CPI Change

2.27

Jul 2018

2.11

Jun 2018

1.09

Sep 1998

18.19

Jan 2009

%

monthly

Mar 1998 - Jul 2018

Updated on 2018-07-23
Current Account Balance

2.9

Mar 2018

20.7

Dec 2017

-1,803.0

Jun 2008

850.7

Sep 2016

USD mn

quarterly

Mar 1976 - Mar 2018

Updated on 2018-06-04
Current Account Balance: % of GDP

0.0

Mar 2018

0.3

Dec 2017

-36.3

Jun 2008

15.2

Sep 2016

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Direct Investment Abroad

77.3

Mar 2018

-1,354.2

Dec 2017

-5,446.0

Sep 2017

4,143.6

Jun 2007

USD mn

quarterly

Mar 1990 - Mar 2018

Updated on 2018-06-04
Domestic Credit

25,763.4

Jun 2018

26,114.9

May 2018

2,970.6

Dec 1993

69,385.8

Mar 2008

USD mn

monthly

Sep 1993 - Jun 2018

Updated on 2018-07-23
Domestic Credit Growth

5.0

Jun 2018

4.0

May 2018

-58.8

Sep 2009

56.1

Sep 2008

%

monthly

Sep 1994 - Jun 2018

Updated on 2018-07-23
Electricity Production

18,122

2014

18,116

2013

0

1915

18,122

2014

GWh

yearly

1915 - 2014

Updated on 2016-03-01
Employed Persons

198,300.00

May 2018

197,900.00

Apr 2018

155,800.00

Jan 2003

198,300.00

May 2018

Person

monthly

Jan 2003 - May 2018

Updated on 2018-07-10
Equity Market Index

1,319.1

Jun 2018

1,323.4

May 2018

386.8

Mar 2009

7,867.9

Jul 2007

31Dec1997=1000

monthly

Jan 2001 - Jun 2018

Updated on 2018-06-29
Exchange Rate against USD

106.850

Jun 2018

103.980

May 2018

0.163

Jan 1960

136.820

Mar 2015

ISK/USD

monthly

Jan 1957 - Jun 2018

Updated on 2018-06-29
Exports: ICT Goods

6,592.91

2016

8,713.16

2015

1,503.28

2002

9,446.67

2008

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Exports: Medicament

11,638.35

2017

70,184.15

2016

5,292.78

1997

127,029.70

2010

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Medicinal and Pharmaceutical Product

7,914.78

2017

4,132.73

2016

9.12

1999

7,914.78

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Telecommunication Equipment

2,144.64

2017

2,569.24

2016

3.98

1995

3,780.35

2008

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Exports: Television

284.18

2017

213.09

2016

0.31

1997

284.18

2017

USD th

yearly

1996 - 2017

Updated on 2018-07-09
External Debt

22,094.7

Mar 2018

21,655.2

Dec 2017

3,133.4

Dec 1989

146,571.2

Sep 2008

USD mn

quarterly

Dec 1989 - Mar 2018

Updated on 2018-06-04
External Debt: % of GDP

88.9

2017

117.2

2016

54.4

1990

958.0

2008

%

yearly

1989 - 2017

Updated on 2018-06-04
External Debt: Short Term

843.4

Mar 2018

785.1

Dec 2017

462.6

Mar 1995

50,745.4

Sep 2008

USD mn

quarterly

Dec 1989 - Mar 2018

Updated on 2018-06-04
External Debt: Short Term: % of GDP

3.2

2017

4.8

2016

3.2

2017

350.7

2008

%

yearly

1989 - 2017

Updated on 2018-06-04
Forecast: Consumer Price Index Growth

2.50

2023

2.50

2022

1.55

1994

84.28

1983

%

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Current Account Balance

1.35

2023

1.22

2022

-3.99

2008

1.56

2016

USD bn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Employment

0.20

2019

0.20

2018

0.11

1980

0.20

2019

Person mn

yearly

1980 - 2019

Updated on 2018-07-12
Forecast: Exports of Goods Growth

2.98

2023

2.98

2022

-17.13

1982

17.54

2007

%

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: GDP PPP Per Capita

64,419.89

2023

62,354.37

2022

10,685.89

1980

64,419.89

2023

PPP Intl $

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Government Expenditure

1,458.21

2023

1,374.13

2022

5.55

1980

1,458.21

2023

ISK bn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Government Net Debt

844.98

2023

871.43

2022

11.63

1982

1,653.19

2014

ISK bn

yearly

1982 - 2023

Updated on 2018-07-12
Forecast: Government Revenue

1,498.33

2023

1,413.38

2022

5.76

1980

1,498.33

2023

ISK bn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Nominal GDP Per Capita

98,255.82

2023

96,631.57

2022

11,665.24

1983

98,255.82

2023

USD

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Population

0.36

2023

0.36

2022

0.23

1980

0.36

2023

Person mn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Real GDP Growth

2.65

2023

2.58

2022

-6.50

2009

9.43

2007

%

yearly

1980 - 2023

Updated on 2018-07-12
Foreign Direct Investment

-222.4

Mar 2018

-1,249.8

Dec 2017

-5,212.8

Sep 2017

3,137.8

Jun 2007

USD mn

quarterly

Mar 1976 - Mar 2018

Updated on 2018-06-04
Foreign Direct Investment: % of GDP

-3.6

Mar 2018

-19.8

Dec 2017

-80.0

Sep 2017

62.0

Dec 2005

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Foreign Exchange Reserves

6,042.1

Jun 2018

6,172.9

May 2018

296.0

Jul 2001

8,591.3

Nov 2011

USD mn

monthly

Oct 2000 - Jun 2018

Updated on 2018-07-10
Foreign Exchange Reserves: % of GDP

23.62

Mar 2018

25.43

Dec 2017

3.76

Mar 2003

55.27

Dec 2011

%

quarterly

Dec 2000 - Mar 2018

Updated on 2018-06-08
Foreign Exchange Reserves: Months of Import

8.7

May 2018

9.4

Apr 2018

1.3

Mar 2001

22.3

Feb 2012

NA

monthly

Oct 2000 - May 2018

Updated on 2018-06-29
Foreign Portfolio Investment

501.77

Mar 2018

22.10

Dec 2017

-6,939.29

Dec 2015

5,386.16

Jun 2005

USD mn

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-04
GDP Deflator Growth

3.6

Mar 2018

2.0

Dec 2017

-1.2

Mar 2017

23.6

Dec 2008

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-06-11
GDP per Capita

69,554.00

2017

60,601.00

2016

1,414.98

1960

69,554.00

2017

USD

yearly

1960 - 2017

Updated on 2018-07-02
Gold Reserves

79.93

Jun 2018

84.71

May 2018

0.90

Nov 1974

115.37

Aug 2011

USD mn

monthly

Jan 1957 - Jun 2018

Updated on 2018-07-10
Government Debt: % of GDP

42.4

2017

52.7

2016

24.7

2005

94.7

2011

%

yearly

1998 - 2017

Updated on 2018-04-24
Gross Fixed Capital Formation

1,469.29

Mar 2018

1,405.28

Dec 2017

389.08

Mar 1997

1,804.24

Dec 2006

USD mn

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Gross National Product

23,969.78

2017

20,680.43

2016

247.37

1960

23,969.78

2017

USD mn

yearly

1960 - 2017

Updated on 2018-05-08
Gross Savings Rate

25.4

Mar 2018

23.0

Dec 2017

15.0

Jun 2005

35.2

Sep 2016

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
House Prices Growth

6.2

Jul 2018

6.9

Jun 2018

-13.2

Jul 2009

33.4

Sep 2005

%

monthly

Mar 2001 - Jul 2018

Updated on 2018-07-23
Household Debt

19,731.6

Mar 2018

18,753.9

Dec 2017

3,617.1

Dec 1991

25,254.2

Dec 2007

USD mn

quarterly

Dec 1991 - Mar 2018

Updated on 2018-06-05
Household Debt: % of GDP

77.0

2017

76.4

2016

72.1

1997

113.3

2009

%

yearly

1997 - 2017

Updated on 2018-06-05
Household Expenditure per Capita

17,805.25

2016

18,427.79

2015

14,176.63

2002

30,932.74

2007

USD

yearly

2002 - 2016

Updated on 2018-06-12
Imports: ICT Goods

312,201.04

2016

283,984.87

2015

143,122.97

2009

383,531.70

2007

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Medicament

141,624.92

2017

151,357.76

2016

37,457.78

1995

151,357.76

2016

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Medicinal and Pharmaceutical Product

10,942.13

2017

12,511.31

2016

4,497.84

1999

14,824.66

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Telecommunication Equipment

145,676.23

2017

124,715.53

2016

40,439.60

1995

145,676.23

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Imports: Television

34,566.36

2017

19,309.64

2016

11,128.60

1995

40,302.34

2005

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Industrial Production Index Growth

-10.4

2016

6.5

2015

-10.4

2016

41.1

2008

%

yearly

2008 - 2016

Updated on 2018-04-24
Investment: % of GDP

24.7

Mar 2018

21.0

Dec 2017

12.0

Jun 2010

39.9

Dec 2006

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Labour Force Participation Rate

83.4

May 2018

81.9

Apr 2018

76.1

Nov 2011

87.4

Jul 2007

%

monthly

Jan 2003 - May 2018

Updated on 2018-07-10
Labour Productivity Growth

5.00

Mar 2018

0.10

Dec 2017

-6.02

Jun 2010

11.56

Sep 2004

%

quarterly

Mar 2004 - Mar 2018

Updated on 2018-06-11
Liner Shipping Connectivity Index

7.16

2017

11.83

2016

4.41

2014

11.83

2016

2004=100

yearly

2004 - 2017

Updated on 2017-09-29
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 2017-04-06
Long Term Interest Rate

4.42

Jun 2018

4.52

May 2018

3.45

Feb 2005

13.10

Oct 2008

% pa

monthly

Jan 1992 - Jun 2018

Updated on 2018-06-29
M2 Growth

5.2

Jun 2018

7.7

May 2018

-14.6

Jan 2013

88.3

Nov 2008

%

monthly

Sep 1987 - Jun 2018

Updated on 2018-07-23
Market Capitalization: % of GDP

31.0

2017

39.5

2016

7.5

1994

219.1

2006

%

yearly

1994 - 2017

Updated on 2018-04-24
Minerals Production

866,950.00

2016

870,016.00

2015

785,900.00

2011

870,016.00

2015

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

4,775.80

Jun 2018

4,824.26

May 2018

27.37

Nov 1960

6,360.63

Mar 2008

USD mn

monthly

Apr 1960 - Jun 2018

Updated on 2018-07-23
Money Supply M2

10,461.16

Jun 2018

10,539.43

May 2018

971.05

Sep 1986

10,888.60

Apr 2018

USD mn

monthly

Sep 1986 - Jun 2018

Updated on 2018-07-23
Monthly Earnings

5,769

2016

4,837

2015

2,538

2001

6,603

2007

USD

yearly

1998 - 2016

Updated on 2018-04-24
Motor Vehicle Registered

261.75

2015

251.12

2014

214.00

2005

261.75

2015

Unit th

yearly

2005 - 2015

Updated on 2017-06-27
Motor Vehicle Sales: Commercial Cars

2,776.82

Dec 2017

2,293.00

Dec 2016

278.00

Jun 2012

3,363.00

Dec 2007

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicle Sales: Passenger Cars

21,282.07

Dec 2017

18,442.00

Dec 2016

2,113.00

Dec 2009

21,282.07

Dec 2017

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicles Sales

24,059

2017

20,735

2016

2,471

2009

24,059

2017

Unit

yearly

2005 - 2017

Updated on 2018-05-02
Motor Vehicles Sales Growth

16.0

2017

32.9

2016

-76.6

2009

61.1

2011

%

yearly

2006 - 2017

Updated on 2018-05-02
National Government Debt

10,134.6

2017

10,708.0

2016

3,344.0

2000

14,168.0

2014

USD mn

yearly

1998 - 2017

Updated on 2018-05-08
Nominal GDP

6,564.5

Mar 2018

6,324.9

Dec 2017

1,864.9

Jun 1997

6,564.5

Mar 2018

USD mn

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Nominal GDP Growth

9.03

Mar 2018

3.37

Dec 2017

-2.65

Dec 2009

20.88

Dec 2008

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-06-08
Nominal Residential Property Price Index

195.21

Mar 2018

189.35

Dec 2017

45.81

Mar 2000

195.21

Mar 2018

2010=100

quarterly

Mar 2000 - Mar 2018

Updated on 2018-05-30
Nominal Residential Property Price Index Growth

13.17

Mar 2018

15.00

Dec 2017

-11.33

Sep 2009

33.45

Sep 2005

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-05-30
Non Performing Loans Ratio

6.0

2016

8.0

2015

6.0

2016

42.0

2009

%

yearly

2009 - 2016

Updated on 2017-04-06
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 2018-04-19
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 2018-04-19
Oil Consumption

17.68

2017

17.58

2016

9.40

1965

17.93

2006

Barrel/Day th

yearly

1965 - 2017

Updated on 2018-06-14
Policy Rate

5.00

Jun 2018

5.00

May 2018

4.25

Jul 2011

18.00

Feb 2009

% pa

monthly

Jan 1994 - Jun 2018

Updated on 2018-06-30
Population

0.3

2017

0.3

2016

0.0

1786

0.3

2017

Person mn

yearly

1732 - 2017

Updated on 2018-03-28
Private Consumption Expenditure

3,320.14

Mar 2018

3,152.44

Dec 2017

1,046.25

Mar 1997

3,320.14

Mar 2018

USD mn

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Private Consumption: % of GDP

50.6

Mar 2018

53.1

Dec 2017

44.0

Sep 2016

62.0

Jun 2000

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Producer Price Index Growth

11.7

Jun 2018

8.5

May 2018

-12.3

Jan 2014

68.5

Nov 2008

%

monthly

Jan 2007 - Jun 2018

Updated on 2018-07-24
Public Consumption Expenditure

1,535.36

Mar 2018

1,451.29

Dec 2017

377.96

Mar 1997

1,535.36

Mar 2018

USD mn

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Public Consumption: % of GDP

24.0

Mar 2018

23.9

Dec 2017

20.3

Sep 1997

25.7

Mar 2009

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
Real Effective Exchange Rate

92.7

Jun 2018

93.8

May 2018

56.9

Nov 2008

106.9

Nov 2005

2005=100

monthly

Jan 1979 - Jun 2018

Updated on 2018-07-19
Real GDP Growth

5.2

Mar 2018

1.3

Dec 2017

-8.1

Mar 2009

12.9

Dec 2007

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-06-11
Real Residential Property Price Index

157.75

Mar 2018

153.97

Dec 2017

85.07

Mar 2000

157.75

Mar 2018

2010=100

quarterly

Mar 2000 - Mar 2018

Updated on 2018-05-30
Real Residential Property Price Index Growth

10.46

Mar 2018

12.94

Dec 2017

-24.06

Mar 2009

28.35

Sep 2005

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-05-30
Reserve Requirement Ratio

2.0

Jun 2018

2.0

May 2018

2.0

Jun 2018

28.0

Mar 1985

%

monthly

Jun 1979 - Jun 2018

Updated on 2018-06-29
Retail Sales Growth

8.3

Apr 2018

7.0

Feb 2018

-3.9

Apr 2009

15.3

Aug 2007

%

monthly

Feb 2002 - Apr 2018

Updated on 2018-07-24
Short Term Interest Rate

4.70

Jun 2018

4.67

May 2018

4.00

Jul 2011

18.57

Oct 2008

% pa

monthly

Aug 1998 - Jun 2018

Updated on 2018-06-29
Tax Revenue

2,092.20

Mar 2018

2,309.17

Dec 2017

864.60

Jun 2009

4,441.67

Mar 2016

USD mn

quarterly

Mar 2004 - Mar 2018

Updated on 2018-06-14
Teledensity: Fixed Line

49.50

2016

50.92

2015

18.79

1960

70.01

2000

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

120.80

2016

116.25

2015

0.00

1985

120.80

2016

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

17,498.68

Jun 2018

17,621.01

May 2018

2,147.31

Feb 1994

48,529.56

Mar 2008

USD mn

monthly

Sep 1993 - Jun 2018

Updated on 2018-07-23
Total Exports

474.2

Jun 2018

500.4

May 2018

56.4

Jan 1988

632.8

May 2008

USD mn

monthly

Jan 1988 - Jun 2018

Updated on 2018-07-19
Total Exports Growth

13.1

Jun 2018

5.6

May 2018

-32.2

Apr 2003

135.6

Sep 2008

%

monthly

Jan 1989 - Jun 2018

Updated on 2018-07-19
Total Imports

711.0

May 2018

666.7

Apr 2018

69.1

Jan 1990

780.5

Jul 2008

USD mn

monthly

Jan 1988 - May 2018

Updated on 2018-06-29
Total Imports Growth

-4.3

May 2018

20.2

Apr 2018

-37.1

May 2009

92.8

Dec 2006

%

monthly

Jan 1989 - May 2018

Updated on 2018-06-29
Tourism Revenue

2,411

2016

1,618

2015

309

1995

2,411

2016

USD mn

yearly

1995 - 2016

Updated on 2018-05-02
Tourism Revenue Growth

49.0

2016

17.7

2015

-37.6

2009

49.0

2016

%

yearly

1996 - 2016

Updated on 2018-05-02
Trade Balance

-195.8

Jun 2018

-166.3

May 2018

-372.6

Dec 2006

194.1

Dec 2008

USD mn

monthly

Jan 1957 - Jun 2018

Updated on 2018-07-05
Unemployment Rate

2.79

May 2018

2.80

Apr 2018

2.43

Feb 2008

7.59

Nov 2010

%

monthly

Jan 2003 - May 2018

Updated on 2018-07-10
Visitor Arrivals

1,792,000

2016

1,289,000

2015

190,000

1995

1,792,000

2016

Person

yearly

1995 - 2016

Updated on 2018-05-02
Visitor Arrivals Growth

39.0

2016

29.2

2015

-5.3

2002

39.0

2016

%

yearly

1996 - 2016

Updated on 2018-05-02
CEIC Flex
Monthly metered access across all our data
20 Series Downloads Per Month
$39/per month
200 Series Downloads Per Month
$149/per month
500 Series Downloads Per Month
$299/per month
Buy Now
CEIC Unlimited
Unlimited access tailored to your data needs
Request a Demo