Economic Indicators for Iceland


LastPreviousHighestLowestUnit
Current account balance1.03-1.748.27-22.94Percentage of GDP
Consumer price Index163.20150.09163.200.26
Inflation ( exchange rates & prices )8.748.3183.951.55Percentage (%)
Lending interest rate11.537.6047.005.40%
Interest rates5.32-1.1514.34-19.49Percentage (%)
Central Government Debt81.0686.29156.9229.91% of GDP
Human Capital Index0.750.740.760.74Scale, 0-1
New businesses registered3,052.003,231.003,699.001,639.00Number
Time required to start a business11.5011.5012.004.50Days
Time required to build a warehouse84.0084.00115.0084.00Days
Armed forces Personnel250.00250.00250.00100.00Total
Exports of goods and services43.6445.6954.9329.85Percentage (% of GDP)
Imports of goods and services43.1545.8349.1629.27Percentage (% of GDP)
GDP3129311USD Billions
GDP Growth4.068.888.88-7.66Percentage (%)
Hospital beds2.832.8016.702.80Per 1,000 people
Physicians3.893.893.891.70Per 1,000 people
Labor force239,778.00231,675.00239,778.00144,767.00Total
Unemployment with advanced education2.262.454.560.83Percentage (%)
Fertility rate1.591.822.661.59Total
Population1111Thousands