Economic forecast, winter 2011

  • Statistical Series
  • 24. November 2011
  • Vol 96, Issue 62
  • ISSN: 1670-4665

  • Download PDF
The Icelandic economy is predicted to grow by 2.6% in 2011 and by 2.4% in 2012. Growth in private consumption and investments will be seen in 2011 and is also expected in the following years, while public consumption will contract during 2011 and 2012. Increased consumption and investments are the driving forces of economic growth during the forecast period. The Icelandic króna is expected to remain weak which will support a substantial trade surplus.

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