Exports in Sweden increased to 130400 SEK million in March from 127300 SEK million in February of 2020. Exports in Sweden averaged 42249.76 SEK million from 1960 until 2020, reaching an all time high of 137600 SEK million in November of 2018 and a record low of 970 SEK million in February of 1963. Sweden is an export-oriented market economy. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden's engineering sector accounts for 50% of output and exports. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Main export partners are Germany, United States and Norway. This page provides the latest reported value for - Sweden Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Sweden increased to 126300 SEK million in March from 114600 SEK million in February of 2020. Imports in Sweden averaged 38790.60 SEK million from 1960 until 2020, reaching an all time high of 144900 SEK million in October of 2018 and a record low of 1020 SEK million in July of 1960. Sweden imports mainly machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. Its principal import partners are European Union countries (Germany, Denmark, Netherlands, Finland), Norway and China. This page provides the latest reported value for - Sweden Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in Manufacturing in Sweden decreased to 188.70 SEK/Hour in February from 191.20 SEK/Hour in January of 2020. Wages in Manufacturing in Sweden averaged 165.25 SEK/Hour from 2008 until 2020, reaching an all time high of 191.20 SEK/Hour in January of 2020 and a record low of 139.70 SEK/Hour in February of 2008. This page provides - Sweden Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Sweden decreased to 176.90 SEK/Hour in February from 178.30 SEK/Hour in January of 2020. Wages in Sweden averaged 156.25 SEK/Hour from 2008 until 2020, reaching an all time high of 178.30 SEK/Hour in December of 2019 and a record low of 133.60 SEK/Hour in February of 2008. In Sweden, wages are benchmarked using average hourly earnings. This page provides - Sweden Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Sweden increased to 3953263 SEK Million in March from 3746233 SEK Million in February of 2020. Money Supply M3 in Sweden averaged 2052540.23 SEK Million from 1998 until 2020, reaching an all time high of 3953263 SEK Million in March of 2020 and a record low of 987445 SEK Million in December of 1998. In Sweden, money supply M3 is equal to the sum of M2, repurchase agreements and the non-bank public's holdings of shares in money market funds and interest-bearing securities, with a term to maturity of up to and including 2 years, issued by Swedish MFI's. This page provides - Sweden Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Sweden increased to 59080 SEK Million in March from 58775 SEK Million in February of 2020. Money Supply M0 in Sweden averaged 82694.94 SEK Million from 1998 until 2020, reaching an all time high of 100763 SEK Million in December of 2006 and a record low of 53430 SEK Million in January of 2018. In Sweden, money supply M0 consists theoretically of the Swedish public's holdings of banknotes and coins issued by the Riksbank. It is the most liquid of the measurements. In practice, M0 is calculated as the total stock of banknotes and coins in circulation (formally a debt instrument in the Riksbank's balance sheet) minus the Swedish MFI's cash balances in Swedish krona. The Swedish definition of banknotes and coins in circulation also includes commemorative coins. This page provides - Sweden Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans to Private Sector in Sweden increased to 1501733 SEK Million in March from 1463707 SEK Million in February of 2020. Loans to Private Sector in Sweden averaged 916978.02 SEK Million from 1996 until 2020, reaching an all time high of 1501733 SEK Million in March of 2020 and a record low of 344995 SEK Million in July of 1996. This page provides - Sweden Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sweden recorded a government budget deficit of 42076 SEK Million in March of 2020. Government Budget Value in Sweden averaged -941.43 SEK Million from 1985 until 2020, reaching an all time high of 74438 SEK Million in September of 2019 and a record low of -132567 SEK Million in December of 2008. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Sweden Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Sweden increased to 11404114 SEK Million in March from 10671089 SEK Million in February of 2020. Banks Balance Sheet in Sweden averaged 6307518.74 SEK Million from 1996 until 2020, reaching an all time high of 13664616 SEK Million in April of 2018 and a record low of 1784742 SEK Million in January of 1996. This page provides - Sweden Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households Debt in Sweden increased to 88.50 percent of GDP in the fourth quarter of 2019 from 88.20 percent of GDP in the third quarter of 2019. Households Debt To GDP in Sweden averaged 60.20 percent of GDP from 1980 until 2019, reaching an all time high of 88.50 percent of GDP in the fourth quarter of 2019 and a record low of 43.60 percent of GDP in the first quarter of 1996. This page provides - Sweden Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households Debt in Sweden increased to 161.84 percent of gross income in 2019 from 161.58 percent in 2018. Households Debt To Income in Sweden averaged 134.17 percent from 2000 until 2019, reaching an all time high of 163.37 percent in 2017 and a record low of 96.19 percent in 2000. This page provides - Sweden Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Sweden increased to 3834576 SEK Million in March from 3600782 SEK Million in February of 2020. Money Supply M2 in Sweden averaged 1878602.60 SEK Million from 1998 until 2020, reaching an all time high of 3834576 SEK Million in March of 2020 and a record low of 840564 SEK Million in February of 1998. In Sweden, money supply M2 is equal to the sum of M1 and deposits subject to certain terms in Swedish MFI and RGK by the Swedish non-bank public. Deposits subject to certain terms consist of deposits redeemable at a notice of up to and including 3 months or deposits with a term to maturity of up to and including 2 years. This page provides - Sweden Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Sweden increased to 3360454 SEK Million in March from 3144864 SEK Million in February of 2020. Money Supply M1 in Sweden averaged 1514599.69 SEK Million from 1998 until 2020, reaching an all time high of 3360454 SEK Million in March of 2020 and a record low of 627592 SEK Million in February of 1998. In Sweden, money supply M1 is equal to the sum of notes and coins held by the Swedish non-bank public and on demand deposits in MFI and RGK by the Swedish non-bank public. On-demand deposits are defined as overnight loans and deposits in transaction accounts. This page provides - Sweden Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing PMI in Sweden decreased to 36.70 points in April from 42.60 points in March of 2020. Manufacturing PMI in Sweden averaged 54.42 points from 1994 until 2020, reaching an all time high of 70.40 points in November of 1994 and a record low of 34 points in December of 2008. In Sweden, the Swedbank Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 200 purchasing managers in the manufacturing industry. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Sweden Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Sweden decreased 0.40 percent in March of 2020 over the previous month. Industrial Production Mom in Sweden averaged 0.10 percent from 2000 until 2020, reaching an all time high of 8.80 percent in January of 2012 and a record low of -7.90 percent in February of 2012. In Sweden, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing and mining. This page provides - Sweden Industrial Production MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Sweden decreased 0.20 percent in March of 2020 over the same month in the previous year. Manufacturing Production in Sweden averaged 1.86 percent from 1991 until 2020, reaching an all time high of 19.20 percent in November of 1994 and a record low of -23.70 percent in January of 2009. This page provides - Sweden Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Sweden increased 1.60 percent in March of 2020 over the same month in the previous year. Mining Production in Sweden averaged 3.37 percent from 2001 until 2020, reaching an all time high of 104.90 percent in July of 2010 and a record low of -49.80 percent in July of 2009. This page provides - Sweden Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Sweden decreased 0.20 percent in March of 2020 over the same month in the previous year. Industrial Production in Sweden averaged 0.98 percent from 2000 until 2020, reaching an all time high of 14.10 percent in July of 2010 and a record low of -23.80 percent in January of 2009. In Sweden, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing and mining. This page provides the latest reported value for - Sweden Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Sweden expanded 0.50 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Sweden averaged 2.67 percent from 1994 until 2020, reaching an all time high of 7.70 percent in the fourth quarter of 2010 and a record low of -5.40 percent in the first quarter of 2009. Sweden has an economy heavily oriented toward foreign trade with timber, hydro-power, and iron ore constituting its resource base. Engineering sector accounts for about 50 percent of output and exports. On the expenditure side, household consumption is the main component of GDP and accounts for 46 percent of its total use, followed by government consumption (26 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 45 percent of GDP while imports account for 41 percent, adding 4 percent of total GDP. This page provides - Sweden GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Sweden increased to 1229282 SEK Million in the fourth quarter of 2019 from 1227350 SEK Million in the third quarter of 2019. GDP Constant Prices in Sweden averaged 827510.78 SEK Million from 1981 until 2019, reaching an all time high of 1229282 SEK Million in the fourth quarter of 2019 and a record low of 519710 SEK Million in the first quarter of 1981. This page provides - Sweden GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Sweden decreased 0.20 percent in March of 2020 over the previous month. Inflation Rate Mom in Sweden averaged 0.35 percent from 1960 until 2020, reaching an all time high of 3.36 percent in January of 1980 and a record low of -1.40 percent in January of 2020. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Sweden Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Sweden decreased to 218.28 points in March from 218.70 points in February of 2020. Core Consumer Prices in Sweden averaged 170.01 points from 1987 until 2020, reaching an all time high of 220.97 points in December of 2019 and a record low of 98.21 points in January of 1987. As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as target variable for the inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments have, through their impact on mortgage rates, large and direct effects on the CPI which are not connected to underlying inflationary pressures". This page provides - Sweden Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Sweden increased 0.60 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Sweden averaged 2.49 percent from 1988 until 2020, reaching an all time high of 12.70 percent in February of 1991 and a record low of -0.03 percent in March of 2014. As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as target variable for the inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments have, through their impact on mortgage rates, large and direct effects on the CPI which are not connected to underlying inflationary pressures". This page provides - Sweden Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Sweden decreased to 333.91 points in March from 334.47 points in February of 2020. Consumer Price Index CPI in Sweden averaged 181.02 points from 1960 until 2020, reaching an all time high of 337.68 points in December of 2019 and a record low of 27.70 points in April of 1960. In Sweden, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Sweden Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in Sweden decreased to 19831 in April from 28535 in March of 2020. Car Registrations in Sweden averaged 23055.01 from 1975 until 2020, reaching an all time high of 67553 in June of 2018 and a record low of 7205 in July of 1993. This page provides - Sweden Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Sweden stands at AAA with stable outlook. Moody's credit rating for Sweden was last set at Aaa with stable outlook. Fitch's credit rating for Sweden was last reported at AAA with stable outlook. DBRS's credit rating for Sweden is AAA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Sweden thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Sweden as reported by major credit rating agencies.

Government Debt in Sweden increased to 1148154 SEK Million in April from 1118482 SEK Million in March of 2020. Government Debt in Sweden averaged 586671.04 SEK Million from 1950 until 2020, reaching an all time high of 1448859 SEK Million in December of 1998 and a record low of 11740 SEK Million in July of 1950. This page provides - Sweden Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sweden recorded 25921 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Sweden reported 3175 Coronavirus Deaths. This page includes a chart with historical data for Sweden Coronavirus Cases.

Sweden recorded 3220 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Sweden reported 25921 Coronavirus Cases. This page includes a chart with historical data for Sweden Coronavirus Deaths.

Sweden recorded 4971 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Sweden reported 3220 Coronavirus Deaths. This page includes a chart with historical data for Sweden Coronavirus Recovered.

Precipitation in Iceland increased to 119.47 mm in December from 110.09 mm in November of 2015. Precipitation in Iceland averaged 81.86 mm from 1901 until 2015, reaching an all time high of 226.68 mm in October of 2011 and a record low of 5.88 mm in June of 1916. This page includes a chart with historical data for Iceland Average Precipitation.

The Social Security Rate in Iceland stands at 10.84 percent. Social Security Rate in Iceland averaged 13.39 percent from 2000 until 2018, reaching an all time high of 16.65 percent in 2010 and a record low of 10.84 percent in 2017. In Iceland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Iceland because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Iceland Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Iceland decreased to 0.30 percent in 2017 from 0.50 percent in 2015. Long Term Unemployment Rate in Iceland averaged 0.61 percent from 2003 until 2017, reaching an all time high of 1.70 percent in 2011 and a record low of 0.10 percent in 2008. In Iceland, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides the latest reported value for - Iceland Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Iceland was last recorded at 52103.20 US dollars in 2018. The GDP per Capita in Iceland is equivalent to 413 percent of the world's average. GDP per capita in Iceland averaged 30894.16 USD from 1960 until 2018, reaching an all time high of 52103.20 USD in 2018 and a record low of 11465.03 USD in 1961. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Iceland GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Iceland scored 74.72 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Iceland averaged 20.94 Points from 2007 until 2019, reaching an all time high of 74.72 Points in 2019 and a record low of 4.66 Points in 2014. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Iceland Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Iceland remained unchanged at 1.98 Tonnes in the fourth quarter of 2019 from 1.98 Tonnes in the third quarter of 2019. Gold Reserves in Iceland averaged 1.97 Tonnes from 2000 until 2019, reaching an all time high of 2 Tonnes in the third quarter of 2005 and a record low of 1.84 Tonnes in the second quarter of 2000. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Iceland Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Debt to GDP in Iceland decreased to 314.90 percent in 2016 from 336.70 percent in 2015. Private Debt to GDP in Iceland averaged 331.30 percent from 2003 until 2016, reaching an all time high of 400.80 percent in 2014 and a record low of 272.80 percent in 2003. Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP.

Home Ownership Rate in Iceland increased to 78.70 percent in 2016 from 77.80 percent in 2015. Home Ownership Rate in Iceland averaged 81.80 percent from 2004 until 2016, reaching an all time high of 86.80 percent in 2005 and a record low of 77.30 percent in 2012. This page provides the latest reported value for - Iceland Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Starts in Iceland decreased to 2525 units in 2018 from 2836 units in 2017. Housing Starts in Iceland averaged 1819.10 units from 1970 until 2018, reaching an all time high of 4446 units in 2007 and a record low of 142 units in 2011. This page provides - Iceland Housing Starts- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Iceland increased to 669000 ISK/Month in 2018 from 653000 ISK/Month in 2017. Wages in Iceland averaged 503181.82 ISK/Month from 2008 until 2018, reaching an all time high of 669000 ISK/Month in 2018 and a record low of 380000 ISK/Month in 2008. This page provides - Iceland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iceland scored 78 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Iceland averaged 86.77 Points from 1998 until 2019, reaching an all time high of 97 Points in 2005 and a record low of 76 Points in 2018. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Iceland Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Iceland is the 11 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Iceland averaged 8 from 1998 until 2019, reaching an all time high of 14 in 2016 and a record low of 1 in 2005. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Iceland Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Iceland stands at 20 percent. Corporate Tax Rate in Iceland averaged 23 percent from 1993 until 2020, reaching an all time high of 33 percent in 1994 and a record low of 15 percent in 2008. In Iceland, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Iceland. This page provides - Iceland Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Iceland stands at 46.24 percent. Personal Income Tax Rate in Iceland averaged 44.63 percent from 1995 until 2020, reaching an all time high of 46.90 percent in 1996 and a record low of 35.70 percent in 2007. In Iceland, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Iceland. This page provides - Iceland Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Iceland stands at 4 percent. Social Security Rate For Employees in Iceland averaged 6.57 percent from 2000 until 2020, reaching an all time high of 8 percent in 2001 and a record low of 4 percent in 2015. In Iceland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Employees are an important source of income for the government of Iceland because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Iceland Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Iceland increased 2.40 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Iceland averaged 4.50 percent from 1998 until 2020, reaching an all time high of 18.16 percent in January of 2009 and a record low of 1.09 percent in September of 1998. In Iceland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Iceland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Iceland increased to 393889 ISK Million in the fourth quarter of 2019 from 375809 ISK Million in the third quarter of 2019. GDP Constant Prices in Iceland averaged 278868.30 ISK Million from 1997 until 2019, reaching an all time high of 393889 ISK Million in the fourth quarter of 2019 and a record low of 181908 ISK Million in the second quarter of 1997. This page provides - Iceland GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Iceland expanded 4.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Iceland averaged 3.55 percent from 1995 until 2019, reaching an all time high of 13.40 percent in the first quarter of 1999 and a record low of -8.70 percent in the fourth quarter of 2009. Iceland's economy depends heavily on the fishing industry, which provides 40 percent of export earnings, more than 12 percent of GDP, and employs nearly 5 percent of the work force. Its economy has been diversifying into manufacturing and service industries in the last decade, particularly within the fields of software production, biotechnology, and tourism. On the expenditure side, household consumption is the main component of GDP and accounts for 53 percent of its total use, followed by government expenditure (24 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 54 percent of GDP while imports account for 47 percent, adding 7 percent of total GDP. This page provides - Iceland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Import Prices in Iceland increased to 238.21 points in 2019 from 221.68 points in 2018. Import Prices in Iceland averaged 66.10 points from 1950 until 2019, reaching an all time high of 262.20 points in 2012 and a record low of 0.04 points in 1950. In Iceland, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides the latest reported value for - Iceland Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Export Prices in Iceland increased to 216.36 points in 2019 from 202.40 points in 2018. Export Prices in Iceland averaged 62.50 points from 1950 until 2019, reaching an all time high of 221.28 points in 2012 and a record low of 0.03 points in 1950. In Iceland, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides the latest reported value for - Iceland Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.