Short term indicators in April 2009

  • Statistical Series
  • 03. April 2009
  • Vol 94, Issue 22
  • ISSN: 1670-4827

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The present figures show Gross Domestic Product (GDP) in 2008 amounting to 1,465 billion ISK. In real terms, GDP grew at a rate of 0.3%. The growth in GDP during last year can mainly be explained by 7% growth in exports. Increase in exports together with a decline in imports by 18% resulted in considerable improvement in the external balance on goods and services.

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