News and announcements

18 Sep
18 Sep 2020

General government deficit 78.4 billion ISK in the second quarter of 2020

The effect of Covid-19 on the financial balance of the general government (i.e. the central government, the social security funds and the local governments) is significant in the second quarter of 2020 and is estimated at 78.4 billion ISK in deficit or 11.2% of quarterly GDP.

18 Sep
18 Sep 2020

Government deficit at 1.5% of GDP in 2019

The financial balance of the general government (i.e. the central government, the social security funds and the local governments) was 45.4 billion ISK in deficit in 2019, a deficit amounting to 1.5% of GDP, compared with a surplus of 22.1 billion ISK in 2018 or 0.8% of GDP.

18 Sep
18 Sep 2020

Net domestic financial assets increased by 412 billion in 2019

Total financial liabilities of Iceland’s domestic sector stood at ISK 27,363 billion or 921% of Gross Domestic Product (GDP) in year-end 2019. Total financial assets stood at ISK 27,881 billion or 939% of GDP according to preliminary figures from Statistics Iceland.

Key figures

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Consumer price index in and inflation index in Fetching consumer price index and inflation index...

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Wage index in Fetching wage index...

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Building cost index in Fetching building cost index...

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Producer price index in Fetching producer price index...

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Population 1 January Fetching population...

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Economic growth Fetching economic growth...

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Unemployment in Fetching unemployment...

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Inflation in , 12 month change CPI Fetching inflation, 12 month change CPI...

Graphs

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Release calendar

  • 22 September 2020 Quarterly wage indices, 2nd quarter 2020
  • 22 September 2020 Monthly wages index in August 2020 and related indices
  • 22 September 2020 Tourism short-term indicators September 2020
  • 23 September 2020 Classification of programmes above compulsory education by schools 1997-2019
  • 23 September 2020 Register based employment in July 2020
  • 23 September 2020 Liabilities and assets of individuals
  • 24 September 2020 The labour market in August 2020
  • 24 September 2020 Producer price index in August 2020
  • 24 September 2020 Total wage index 2nd quarter 2020