Iceland Economic Statistics and Indicators

19, May 2019, EDT. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Iceland
National or Regional Currency: Icelandic Kr, ISK
Year of data: 1987 › Change year
Date of Last Update: 17th March 2015
Area: total: 103,000 sq km ; land: 100,250 sq km ; water: 2,750 sq km
Natural Resources: fish, hydropower, geothermal power, diatomite
Capital: name: Reykjavik ; geographic coordinates: 64 09 N, 21 57 W ; time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time)
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Iceland Economy
More on the Iceland Export, Import and Trade

GDP (Constant Prices, National Currency) for Iceland in year 1987 is ISK 657.179 Billion.

GDP Growth (Constant Prices, National Currency) for Iceland in year 1987 is 8.546 %.

GDP (Current Prices, National Currency) for Iceland in year 1987 is ISK 216.38 Billion.

GDP (Current Prices, US Dollars) for Iceland in year 1987 is US$ 5.595 Billion.

GDP Deflator for Iceland in year 1987 is 32.925 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Iceland in year 1987 is ISK 2,691,625.60 .

GDP Per Capita (Current Prices, National Currency) for Iceland in year 1987 is ISK 886,231.16 .

GDP Per Capita (Current Prices, US Dollars) for Iceland in year 1987 is US$ 22,913.54 .

GDP (PPP), US Dollars for Iceland in year 1987 is US$ 4.237 Billion.

GDP Per Capita (PPP), US Dollars for Iceland in year 1987 is US$ 17,352.23 .

GDP Share of World Total (PPP) for Iceland in year 1987 is 0.02 %.

Implied PPP Conversion Rate for Iceland in year 1987 is 51.073 .

Investment (% of GDP) for Iceland in year 1987 is 22.446 %.

Gross National Savings (% of GDP) for Iceland in year 1987 is 19.115 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Iceland in year 1987 is 48.992 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Iceland in year 1987 is 18.763 %.

Inflation, End of Year (Indexed to Year 2000) for Iceland in year 1987 is 51.448 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Iceland in year 1987 is 24.44 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Iceland in year 1987 is 23.265 %.

Import Volumes of Goods Only (Percent Change) for Iceland in year 1987 is 25.021 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Iceland in year 1987 is 3.266 %.

Export Volumes of Goods Only (Percent Change) for Iceland in year 1987 is 4.36 %.

Unemployment Rate (% of Labour Force) for Iceland in year 1987 is 0.441 %.

Employment for Iceland in year 1987 is 0.132 Million .

Population for Iceland in year 1987 is 0.244 Million .

General government revenue (National Currency) for Iceland in year 1987 is ISK 76.125 Billions.

General government revenue (% of GDP) for Iceland in year 1987 is 35.181 %.

General government total expenditure (National Currency) for Iceland in year 1987 is ISK 78.021 Billions.

General government total expenditure (% of GDP) for Iceland in year 1987 is 36.057 %.

Total Government Net Lending/ Borrowing (National Currency) for Iceland in year 1987 is ISK -1.896 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Iceland in year 1987 is -0.876 %.

General Government Structural Balance (National Currency) for Iceland in year 1987 is ISK -6.584 Billion.

General Government Structural Balance (% Potential GDP) for Iceland in year 1987 is -3.05 %.

Fiscal Year Gross Domestic Product, Current Prices for Iceland in year 1987 is ISK 216.38 Billions.

Current Account Balance (US Dollars) for Iceland in year 1987 is US$ -0.184 Billion.

Current Account Balance (% GDP) for Iceland in year 1987 is -3.285 %.