Economic growth is strong with continued expansion in tourism, robust private consumption and favourable terms of trade. Steep wage gains, employment expansion and large investments are fuelling domestic demand. The capital controls introduced during the financial crisis are being lifted. 

Iceland Snapshot 2013

Find key economic figures and trends for Iceland from OECD Yearbook 2013

The Earth is a unique, interconnected system that mankind has always tried to understand. Although there have been great discoveries made in science, there are many aspects of our planet that are beyond our understanding or control. However, there is one fact we know: we need to live in harmony with nature.

Economic data

GDP growth: +0.5% Q2 2019 year-on-year
Consumer price inflation: 1.6% September 2019 annual
Trade: -1.9% exp, -0.9% imp, Q2 2019
Unemployment: 5.2% September 2019
Last update: 18 November 2019

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