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Iceland GDP Annual Growth Rate


Kalendar GMT Sebenar Sebelumnya Konsensus
2019-03-01 09:00 AM Q4 5.2% 2.5%
2019-05-31 09:00 AM Q1 1.7% 4%
2019-08-30 09:00 AM Q2 1.4% -0.9%
2019-11-29 09:00 AM Q3 -0.1% 2%
2020-02-28 09:00 AM Q4 -0.1%


News Stream
2019-08-30
Iceland GDP Growth Rebounds to 1.4% in Q2
The economy of Iceland expanded 1.4 percent year-on-year in the second quarter of 2019, rebounding from a revised 0.9 percent contraction in the previous quarter. Public expenditure increased faster (3.1 percent vs 2.8 percent in Q1) while inventories rebounded (0.6 percent vs -2.9 percent). In addition, net foreign trade contributed positively to growth as exports declined 6.9 percent (from 1.8 percent in Q1) and imports dropped at a faster 12.4 percent (from -8.4 percent in Q1) while gross fixed capital formation went down at a much softer rate (-14.2 percent vs -19.1 percent). On the other hand, household spending slowdown (2.2 percent vs 2.3 percent in Q1). On a quarterly basis, the economy advanced 2.8 percent, after a revised 2.4 percent contraction in the previous quarter.

2019-05-31
Iceland GDP Growth Lowest since 2014
The economy of Iceland expanded 1.7 percent year-on-year in the first quarter of 2019, easing from a 4.0 percent expansion in the previous period. It is the lowest growth rate since the first quarter of 2014 when the economy contracted 1 percent. Household spending slowdown (2.8 percent compared to 3.3 percent in Q4) while both gross fixed capital formation (-9.4 percent vs 2.5 percent) and inventories (-2.9 percent vs 0.9 percent) fell. Meanwhile, public expenditure increased faster (2.8 percent vs 2.6 percent). Regarding net foreign trade, exports went up 2.6 percent (from -5.9 percent in Q4) while imports dropped 8.1 percent (from 6.0 percent in Q4). On a quarterly basis, the economy advanced 0.6 percent, after a 1.7 percent expansion in the previous quarter.

2019-03-01
Iceland GDP Growth Rate Accelerates to 5.2% in Q4
Iceland’s gross domestic product advanced 5.2 percent year-on-year in the fourth quarter of 2018, accelerating from a downwardly revised 2.5 percent growth in the previous period. Fixed investment rebounded (8.0 percent from -8.2 percent in Q3), boosted by both residential construction (9.4 percent vs -2.8 percent) and government services (85.1 percent vs 17.6 percent). On the other hand, a slowdown was seen in private consumption (3.3 percent from 5.4 percent) and government expenditure (2.6 percent from 3.3 percent). Also, exports fell 5.9 percent (from a 5.3 rise percent in Q3) while imports declined 6 percent (from -0.2 percent in Q3). On a quarterly basis, the economy grew 2.7 percent, after stalling in the previous quarter. For 2018 as a whole, the economy expanded 4.9 percent, after a 4.6 percent growth in 2017, flash estimates showed.

Iceland KDNK Terlepas Sebelumnya Tertinggi Terendah Unit
Kadar Pertumbuhan Kdnk -0.70 3.10 10.00 -8.70 Peratus [+]
Kdnk Kadar Pertumbuhan Tahunan -0.10 2.00 13.40 -8.70 Peratus [+]
KDNK 25.88 24.49 25.88 0.25 Usd - Bilion [+]
Kdnk Harga Malar 378987.00 381745.00 381745.00 181908.00 Isk - Juta [+]
Keluaran Negara Kasar 1470469.00 1422194.00 1470469.00 496273.00 Isk - Juta [+]
Pembentukan Modal Tetap Kasar 77324.00 76297.00 108559.00 29062.00 Isk - Juta [+]
Kdnk Per Kapita 52103.20 51282.00 52103.20 11465.03 USD [+]
Kdnk Per Kapita Ppp 48605.58 47839.52 48605.58 28295.13 USD [+]
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