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Iceland - Economic overview

Contents extracted from the comprehensive atlas of international trade by Export Entreprises

General economic indicators

GDP (billions USD)1314141515
GDP (annual % change, constant prices)-43222
GDP per capita39.5644.1642.7345.3147.62
General government balance-4-4-3-3-3
Inflation rate54543
Current account (billions USD)-1-1-1--
Current account (annual % change)-8-6-5-1-2
Unemployment rate87655


Value added (annual % change)5-84--
Value added (in % of GDP)7----
Value added (in % of total employment)5666-


Value added (annual % change)-17-42--
Value added (in % of GDP)24----
Value added (in % of total employment)19181918-


Value added (annual % change)-4-43--
Value added (in % of GDP)69----
Value added (in % of total employment)75767676-

Exchange Rate

Exchange Rate124122116125122

Foreign trade in figures

Imports of goods3.63.924.844.774.78
Exports of goods4.064.65.355.065
Imports of services1.912.192.592.762.87
Exports of services2.32.462.943.023.43
Imports of goods and services (annual % change)-24475-
Growth rate of exports of goods and services (in %)7144-
Trade Balance73398383862-
Current account-1.31-
Share of foreign trade in GDP9710311113-
Share of imports of goods and services in GDP44465153-
Share of exports of goods and services in GDP53565959-

Exchanged goods

FDI in figures

FDI inward flow917862461.108511
FDI stock9.2088.62911.78412.65612.378
Performance Index*, ranking on 141 economies6/18112/181131/181105/181
Potential Index**, ranking on 141 economies17/141--74/177
Number of Greenfield investments***1249131
FDI (in % of GFCF****)225155726
FDI (in % of GDP)557194991
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