GDP is expected to increase by 1.7% in 2019. The growth is significantly lower than the 4.4% average growth rate for the last five years.
Figures have been updated
The average price of electricity in Euros/kWh to households and industry was, in general, lower in Iceland than in the other Nordic countries in the first half of 2018.
According to seasonally adjusted estimates from the Icelandic Labour Force Survey, the number of people in the labour force was 211,500 in January 2019.
There were 1,608 high growth enterprises measured in turnover and 977 high growth enterprises measured in paid employment during the 2014-2017 growth period. Over 41 thousand persons were employed in high growth enterprises measured in turnover with 1,167 billion ISK by the end of the growth period. High growth enterprises measured in paid employment had over 33 thousand persons employed and 929 billion ISK in turnover in 2017.
The building cost index compiled in the middle of February 2019 is 142.4 points (December 2009=100), 0.2% higher than in the previous month.