| Iceland |
Economic forecasts - General economic indicators - Investments - Foreign trade
| Indicators | 2007 | 2008 |
| GDP (USD billion) | 19.521 | 19.944 |
| GDP (constant prices, annual % change) | 2.1 | -0.1 |
| GDP per capita (USD) | 62 976 | 63 875 |
| Inflation rate (consumer prices, annual % change) | 4.8 | 3.3 |
Source : IMF - World Economic Outlook Database
| Indicators | 2004 | 2005 | 2006 |
| GDP (USD billion)(1) | 13.222 | 16.229 | 16.307 |
| GDP (constants prices, annual % change)(1) | 7.6 | 7.2 | 2.6 |
| GPD per capita (USD)(1) | 45038.001 | 54115.711 | 53001.196 |
| Inflation (consumer prices, annual % change)(1) | 3.2 | 4 | 6.8 |
| Unemployment rate (%)(2) | 3.1 | 2.1 | 1.3 |
| External debt (USD billion)(3) | 124375.8 | 123 123 | .. |
| Official exchange rate per USD (period average)(3) | 70.19167 | 62.98167 | 70.195 |
Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators
| GDP per activity sector | 2004 | 2005 | 2006 |
| Agriculture and fishing (%) | 6.74 | ||
| Industry and mining (%) | 24.85 | ||
| Services (%) | 68.41 |
Source : World Bank - World Development Indicators
| Foreign Direct Investments | 2004 | 2005 | 2006 | World rank (*) 2006 |
| FDI inflows (USD million) | 848 | 3,082 | 3,734 | 4/141 |
Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.
| Indicators (USD billion) | 2004 | 2005 | 2006 |
| Imports of goods | 3.42 | 4.59 | 5.57 |
| Exports of goods | 2.90 | 3.11 | 3.48 |
| Trade balance | -0.52 | -1.48 | -2.10 |
| Current account | -1.32 | -2.63 | -4.37 |
Source : World Bank - World Development Indicators
| Indicators (%) | 2004 | 2005 | 2006 |
| Share of foreign trade in GDP | 74.8 | 76.6 | |
| Share of imports of goods and services in GDP | 40.2 | 45.0 | |
| Share of exports of goods and services in GDP | 34.6 | 31.5 | |
| Imports of goods and services (annual % change) | 14.4 | 28.4 | |
| Exports of goods and services (annual % change) | 8.4 | 3.5 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Goods (USD billion): | 4.59 | 3.11 |
| Agricultural raw materials | 1.6 | 0.9 |
| Food products | 9.9 | 62.1 |
| Hydrocarbons | 9.2 | 0.5 |
| Manufactured products (chemicals, machines,...) | 77.6 | 16.7 |
| Ores and metals | 1.7 | 18.7 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Services (USD billion): | 1.8 | 1.5 |
| Transport | 38.5 | 59.1 |
| Tourism | 38.2 | 24.2 |
Source : World Bank - World Development Indicators
| Trade Data, by HS Code | |
| Import Statistics | Export Statistics |
Source : www.intracen.org, last available data
| Main Customers (% of exports) |
|
| Netherlands | 16,60% |
| United Kingdom | 15,60% |
| Germany | 15,00% |
| USA | 10,90% |
| Spain | 6,40% |
| Main suppliers (% of imports) |
|
| USA | 13,10% |
| Germany | 12,40% |
| Norway | 7,20% |
| Sweden | 7,10% |
| Denmark | 6,20% |
Source : Comtrade, 2006.
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Last update : January 2008
Next update : October 2008