Iceland recorded a Current Account surplus of 51 ISK Billion in the fourth quarter of 2019. Current Account in Iceland averaged -5.70 ISK Billion from 1978 until 2019, reaching an all time high of 99.98 ISK Billion in the third quarter of 2016 and a record low of -137.24 ISK Billion in the second quarter of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Iceland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Iceland was estimated at 0.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Iceland had a population of 0.2 million people. The population of Iceland represents less than 0.01 percent of the world´s total population which arguably means that one person in every 21834 people on the planet is a resident of Iceland. This page provides - Iceland Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Iceland increased to 1499287 ISK Million in 2019 from 1470469 ISK Million in 2018. Gross National Product in Iceland averaged 850928.55 ISK Million from 1980 until 2019, reaching an all time high of 1499287 ISK Million in 2019 and a record low of 496273 ISK Million in 1980. This page provides - Iceland Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Iceland was last recorded at 1.75 percent. Interest Rate in Iceland averaged 7.29 percent from 1998 until 2020, reaching an all time high of 18 percent in October of 2008 and a record low of 1.75 percent in March of 2020. In Iceland, the benchmark interest rate is set by the board of Governors of the Central Bank of Iceland (Seðlabanki Íslands). The main interest rate is the seven-day term deposit rate since May 2014. Previously the Bank’s key rate was the rate on its collateralised loans to financial institutions, but in the wake of the crisis the interest rate on the Bank’s deposits had greater influence on money market, as demand for Central Bank loans had been limited. Therefore the Bank’s key interest rate is the rate on seven-day term deposits. This page provides - Iceland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hospital Beds in Iceland decreased to 2.91 per 1000 people in 2018 from 3.06 per 1000 people in 2017. Hospital Beds in Iceland averaged 3.37 per 1000 people from 2007 until 2018, reaching an all time high of 4.12 per 1000 people in 2007 and a record low of 2.91 per 1000 people in 2018. This page includes a chart with historical data for Iceland Hospital Beds.

Hospitals in Iceland decreased to 22.96 per one million people in 2018 from 23.30 per one million people in 2017. Hospitals in Iceland averaged 65.30 per one million people from 1985 until 2018, reaching an all time high of 103.56 per one million people in 1985 and a record low of 22.96 per one million people in 2018. This page includes a chart with historical data for Iceland Hospitals.

Medical Doctors in Iceland increased to 3.94 per 1000 people in 2018 from 3.87 per 1000 people in 2017. Medical Doctors in Iceland averaged 2.62 per 1000 people from 1960 until 2018, reaching an all time high of 3.94 per 1000 people in 2018 and a record low of 1.17 per 1000 people in 1960. This page includes a chart with historical data for Iceland Medical Doctors.

Nurses in Iceland increased to 14.85 per 1000 people in 2018 from 14.50 per 1000 people in 2017. Nurses in Iceland averaged 13.09 per 1000 people from 1980 until 2018, reaching an all time high of 15.45 per 1000 people in 2013 and a record low of 8.89 per 1000 people in 1980. This page includes a chart with historical data for Iceland Nurses.

Cost of food in Iceland increased 2.30 percent in March of 2020 over the same month in the previous year. Food Inflation in Iceland averaged 3.63 percent from 1993 until 2020, reaching an all time high of 31.18 percent in December of 2008 and a record low of -6.45 percent in November of 1994. This page provides the latest reported value for - Iceland Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

ICU Beds in Iceland averaged 285.61 per 100K people from 2007 until 2015, reaching an all time high of 334.94 per 100K people in December of 2007 and a record low of 263.29 per 100K people in December of 2015. This page includes a chart with historical data for Iceland ICU Beds.

Car Registrations in Iceland increased to 1320 in March from 957 in February of 2020. Car Registrations in Iceland averaged 1234.07 from 1995 until 2020, reaching an all time high of 5005 in May of 2017 and a record low of 77 in December of 2008. This page provides - Iceland Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iceland recorded a government debt equivalent to 37 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Iceland averaged 46.40 percent from 1980 until 2019, reaching an all time high of 92.10 percent in 2011 and a record low of 23.03 percent in 1981. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Iceland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Iceland increased 4.60 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Iceland averaged 5.30 percent from 2007 until 2020, reaching an all time high of 68.50 percent in November of 2008 and a record low of -12.40 percent in January of 2014. This page provides - Iceland Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Iceland increased to 477.50 points in April from 475.20 points in March of 2020. Consumer Price Index CPI in Iceland averaged 221.20 points from 1979 until 2020, reaching an all time high of 477.50 points in April of 2020 and a record low of 4 points in January of 1979. In Iceland, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Iceland Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Iceland was recorded at 2.20 percent in April of 2020. Inflation Rate in Iceland averaged 4.94 percent from 1989 until 2020, reaching an all time high of 25.20 percent in December of 1989 and a record low of -0.06 percent in November of 1994. In Iceland, the most important category in the consumer price index is Housing and Utilities (29.3 percent of total weight). Transport accounts for 14.9 percent; Food and Non-Alcoholic Beverages for 14.7 percent; Recreation and Culture for 10.3 percent; Miscellaneous Goods and Services for 6.2 percent and Restaurants and Hotels for 5.4 percent. Furniture, Household Goods and Maintenance; Health; Clothing and Footwear; Alcoholic beverages and Tobacco; Communication and Education account for the remaining 19.2 percent of total weight. This page provides - Iceland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Iceland increased to 468 points in April from 467 points in March of 2020. CPI Housing Utilities in Iceland averaged 228.56 points from 1992 until 2020, reaching an all time high of 468 points in April of 2020 and a record low of 94 points in November of 1992. This page provides - Iceland Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Iceland increased to 154.11 points in April of 2020 from 153.55 points in March of 2020. CPI Transportation in Iceland averaged 153.71 points from 2007 until 2020, reaching an all time high of 183.10 points in February of 2013 and a record low of 100.30 points in March of 2007. This page provides - Iceland Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Iceland increased 0.50 percent in April of 2020 over the previous month. Inflation Rate Mom in Iceland averaged 0.98 percent from 1979 until 2020, reaching an all time high of 10.40 percent in March of 1983 and a record low of -1.50 percent in March of 1986. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Iceland Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bankruptcies in Iceland decreased to 119 Companies in March from 120 Companies in February of 2020. Bankruptcies in Iceland averaged 65 Companies from 2000 until 2020, reaching an all time high of 214 Companies in March of 2011 and a record low of 6 Companies in August of 2004. This page provides - Iceland Bankruptcies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Iceland increased to 4065831 ISK Million in March from 3943862 ISK Million in February of 2020. Banks Balance Sheet in Iceland averaged 2665597.29 ISK Million from 1993 until 2020, reaching an all time high of 14896283 ISK Million in September of 2008 and a record low of 257400 ISK Million in January of 1995. This page provides - Iceland Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Iceland increased to 141.52 ISK Billion in March from 130.28 ISK Billion in February of 2020. Money Supply M0 in Iceland averaged 43.27 ISK Billion from 1960 until 2020, reaching an all time high of 173.88 ISK Billion in July of 2009 and a record low of 11.05 ISK Billion in February of 1995. Iceland Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Iceland Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Iceland increased to 588.70 ISK Billion in March from 560.76 ISK Billion in February of 2020. Money Supply M1 in Iceland averaged 207.22 ISK Billion from 1986 until 2020, reaching an all time high of 588.70 ISK Billion in March of 2020 and a record low of 8.88 ISK Billion in October of 1986. This page provides - Iceland Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Iceland increased to 1319.24 ISK Billion in March from 1252.91 ISK Billion in February of 2020. Money Supply M2 in Iceland averaged 282.84 ISK Billion from 1965 until 2020, reaching an all time high of 1319.24 ISK Billion in March of 2020 and a record low of 0.06 ISK Billion in February of 1965. Iceland Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Iceland Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Iceland increased to 2093 ISK Billion in March from 1967.98 ISK Billion in February of 2020. Money Supply M3 in Iceland averaged 436.17 ISK Billion from 1960 until 2020, reaching an all time high of 2093 ISK Billion in March of 2020 and a record low of 0.03 ISK Billion in February of 1960. Iceland Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Iceland Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Iceland increased 2.80 percent in March of 2020 over the same month in the previous year. Wage Growth in Iceland averaged 1.95 percent from 1990 until 2020, reaching an all time high of 11.60 percent in March of 2016 and a record low of -9.40 percent in January of 2009. In Iceland, real wage growth refers to the change in the wage index deflated by the CPI. This page provides the latest reported value for - Iceland Real Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Youth Unemployment Rate in Iceland increased to 10.90 percent in February from 6.80 percent in January of 2020. Youth Unemployment Rate in Iceland averaged 9.73 percent from 2003 until 2020, reaching an all time high of 21.60 percent in May of 2010 and a record low of 2.60 percent in May of 2016. This page provides the latest reported value for - Iceland Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

External Debt in Iceland decreased to 2307.99 ISK Billion in the fourth quarter of 2019 from 2350.80 ISK Billion in the third quarter of 2019. External Debt in Iceland averaged 5362.82 ISK Billion from 1995 until 2019, reaching an all time high of 15748.53 ISK Billion in the third quarter of 2009 and a record low of 280.59 ISK Billion in the first quarter of 1995. In Iceland, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Iceland External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iceland recorded a government budget deficit of 8.30 ISK Billion in the fourth quarter of 2019. Government Budget Value in Iceland averaged -3.62 ISK Billion from 2004 until 2019, reaching an all time high of 373.20 ISK Billion in the first quarter of 2016 and a record low of -206.30 ISK Billion in the fourth quarter 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 - Iceland Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iceland recorded a Government Budget deficit equal to 1 percent of the country's Gross Domestic Product in 2019. Government Budget in Iceland averaged -1.32 percent of GDP from 1980 until 2019, reaching an all time high of 12.40 percent of GDP in 2016 and a record low of -12.90 percent of GDP in 2008. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Iceland Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Iceland decreased to 3.30 percent in March from 5 percent in February of 2020. Unemployment Rate in Iceland averaged 2.47 percent from 1970 until 2020, reaching an all time high of 9.10 percent in April of 2011 and a record low of 0.10 percent in August of 1972. In Iceland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Iceland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The number of unemployed persons in Iceland decreased to 5900 in March of 2020 from 10300 in February of 2020. Unemployed Persons in Iceland averaged 3941.32 from 1970 until 2020, reaching an all time high of 16700 in April of 2011 and a record low of 100 in September of 1972. In Iceland, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Iceland Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Iceland increased to 202200 in March of 2020 from 199600 in February of 2020. Employed Persons in Iceland averaged 174777.17 from 1991 until 2020, reaching an all time high of 203600 in March of 2019 and a record low of 136600 in December of 1993. In Iceland, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides the latest reported value for - Iceland Employed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Iceland decreased to 76.90 percent in March from 77.50 percent in February of 2020. Employment Rate in Iceland averaged 78.45 percent from 2003 until 2020, reaching an all time high of 82.90 percent in January of 2007 and a record low of 73.20 percent in May of 2010. In Iceland, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Iceland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Iceland increased to 268.60 points in April from 267.20 points in March of 2020. Core Consumer Prices in Iceland averaged 179.27 points from 1997 until 2020, reaching an all time high of 268.60 points in April of 2020 and a record low of 100 points in March of 1997. This page provides - Iceland Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Iceland increased to 473.10 points in April from 469.30 points in March of 2020. Housing Index in Iceland averaged 247.61 points from 2000 until 2020, reaching an all time high of 473.10 points in April of 2020 and a record low of 100 points in March of 2000. In Iceland, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides - Iceland House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Iceland decreased to 47140.81 ISK Million in April from 55924.62 ISK Million in March of 2020. Exports in Iceland averaged 14170.33 ISK Million from 1960 until 2020, reaching an all time high of 76557.87 ISK Million in January of 2019 and a record low of 0.78 ISK Million in January of 1960. In 2017, the country’s main exports were: manufacturing products (54 percent of total exports), of which aluminium and aluminium products (39 percent); marine products (38 percent), of which frozen fish fillets (9 percent), fresh fish (9 percent) and whole frozen fish (5 percent); and agricultural products (4 percent). Iceland’s main export partners were: the Netherlands (25 percent of total exports); Spain (13 percent); the UK (9 percent); Germany (8 percent); the US (7 percent); France (6 percent); and Norway (5 percent). This page provides the latest reported value for - Iceland Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Iceland decreased to 47961.34 ISK Million in April from 68900.87 ISK Million in March of 2020. Imports in Iceland averaged 15090.50 ISK Million from 1960 until 2020, reaching an all time high of 74468.85 ISK Million in June of 2019 and a record low of 1.21 ISK Million in January of 1960. In 2017, Iceland’s main imports were: processed industrial supplies (26 percent of total imports); capital goods (21 percent); transport equipment (19 percent), of which passenger cars (9 percent); consumer goods (13 percent), of which semi- (5 percent) and non-durable goods (5 percent); fuels and lubricants (11 percent); and food and beverages (8 percent). Iceland’s major import partners were: Germany (11 percent of total imports); Norway (9 percent); China and the Netherlands (7 percent each); the US, Denmark and the UK (6 percent each); and Sweden (4 percent). This page provides - Iceland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Iceland stands at A with stable outlook. Moody's credit rating for Iceland was last set at A2 with stable outlook. Fitch's credit rating for Iceland was last reported at A 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 Iceland thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Iceland as reported by major credit rating agencies.

Iceland recorded 1801 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Iceland reported 10 Coronavirus Deaths. This page includes a chart with historical data for Iceland Coronavirus Cases.

Iceland recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Iceland reported 1801 Coronavirus Cases. This page includes a chart with historical data for Iceland Coronavirus Deaths.

Iceland recorded 1765 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Iceland reported 10 Coronavirus Deaths. This page includes a chart with historical data for Iceland Coronavirus Recovered.

IP Addresses in Papua New Guinea increased to 3633 IP in the first quarter of 2017 from 3252 IP in the fourth quarter of 2016. IP Addresses in Papua New Guinea averaged 3600.51 IP from 2007 until 2017, reaching an all time high of 4749 IP in the fourth quarter of 2011 and a record low of 824 IP in the third quarter of 2007. This page includes a chart with historical data for Papua New GuineaIP Addresses.

Precipitation in Papua New Guinea increased to 292.23 mm in December from 228.09 mm in November of 2015. Precipitation in Papua New Guinea averaged 254.16 mm from 1901 until 2015, reaching an all time high of 508.33 mm in December of 1920 and a record low of 62.20 mm in August of 1972. This page includes a chart with historical data for Papua New Guinea Average Precipitation.

Temperature in Papua New Guinea decreased to 25.56 celsius in December from 25.60 celsius in November of 2015. Temperature in Papua New Guinea averaged 24.46 celsius from 1882 until 2015, reaching an all time high of 25.93 celsius in March of 1942 and a record low of 21.78 celsius in July of 1923. This page includes a chart with historical data for Papua New Guinea Average Temperature.

Deposit Interest Rate in Papua New Guinea decreased to 0.50 percent in 2017 from 0.60 percent in 2016. Deposit Interest Rate in Papua New Guinea averaged 5.16 percent from 1980 until 2017, reaching an all time high of 11.49 percent in 1986 and a record low of 0.33 percent in 2013. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Papua New Guinea.

Papua New Guinea recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Papua New Guinea averaged -2 percent of GDP from 1998 until 2018, reaching an all time high of 3.10 percent of GDP in 2006 and a record low of -7.80 percent of GDP in 2013. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Papua New Guinea Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Papua New Guinea recorded a Current Account surplus of 26.70 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Papua New Guinea averaged 2.83 percent from 1994 until 2018, reaching an all time high of 26.70 percent in 2018 and a record low of -36.10 percent in 2012. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Papua New Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Papua New Guinea recorded a government debt equivalent to 36.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Papua New Guinea averaged 32.86 percent from 1994 until 2018, reaching an all time high of 46.90 percent in 2001 and a record low of 16.30 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Papua New Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Papua New Guinea decreased to 59.90 USD Million in 2018 from 71.90 USD Million in 2017. Military Expenditure in Papua New Guinea averaged 86.91 USD Million from 1975 until 2018, reaching an all time high of 148 USD Million in 1994 and a record low of 31.80 USD Million in 1975.

The Social Security Rate For Employees in Papua New Guinea stands at 6 percent. In Papua New Guinea, 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 Papua New Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Papua New Guinea Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.