News

Friday - 8 March 2013
No. 44/2013

GDP increased by 1.4% in 4th quarter 2012


In real terms, non-seasonally adjusted estimates indicate a year over year (YOY) increase in Gross Domestic Product (GDP) of 1.4% for the 4th quarter of 2012. Total domestic final expenditure decreased by 2.6%. Household final consumption increased by 2.7% and govern-ment final consumption increased by 0.5%, while gross fixed capital formation decreased by 23% over the same period. At the same time balance of trade in goods and services improved, exports grew by 1.8% and imports decreased by 5.6%.

Quarterly national accounts, 4th quarter 2012 - Statistical Series


Statistics (see Quarterly GDP 1997-2012)



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For further information contact Sigurlilja Albertsdóttir tel. +354-528 1134

 

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