Friday - 5 March 2010
Quarterly national accounts, 4th quarter 2009
Statistics Iceland now releases a new issue of Statistical Series. This issue presents the Gross Domestic Product (GDP) in the 4th quarter of 2009. In real terms, seasonally adjusted GDP in the 4th quarter of 2009 increased by 3.3% from the previous quarter. Over the same period total domestic expenditure decreased by 2.7% in real terms, where household final consumption grew by 1.4% and gross fixed capital formation by 16.6% while government final consumption fell by 1.1%. Exports rose by 3% while imports grew more slowly by 1.5% from the previous quarter.