Iceland Economic Statistics and Indicators

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Country: Iceland
National or Regional Currency: Icelandic Kr, ISK
Year of data: 2002 › 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
Economic Indicator Listing
  For Iceland in year 2002 Indicator Value
GDP Growth (Constant Prices, National Currency) 0.453 %
GDP (Current Prices, National Currency)ISK 839.786 Billion.
GDP (Current Prices, US Dollars)US$ 9.162 Billion
GDP Deflator 93.79 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)ISK 3,124,449.10 .
GDP Per Capita (Current Prices, National Currency)ISK 2,930,423.10 .
GDP Per Capita (Current Prices, US Dollars)US$ 31,969.88
GDP (PPP), US DollarsUS$ 8.197 Billion
GDP Per Capita (PPP), US DollarsUS$ 28,603.15
GDP Share of World Total (PPP) 0.015 %
Implied PPP Conversion Rate 102.451
Investment (% of GDP) 19.72 %
Gross National Savings (% of GDP) 20.868 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 124.667 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 5.174 %
Inflation, End of Year (Indexed to Year 2000) 125.4 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.951 %
Import Volume of All Items Including Goods and Services (Percent Change) -2.733 %
Import Volumes of Goods Only (Percent Change) -2.878 %
Export Volume of All Items Including Goods and Services (Percent Change) 3.395 %
Export Volumes of Goods Only (Percent Change) 7.194 %
Unemployment Rate (% of Labour Force) 3.076 %
Employment 0.156 Million
Population 0.287 Million
General government revenue (National Currency)ISK 341.261 Billions.
General government revenue (% of GDP) 40.637 %
General government total expenditure (National Currency)ISK 364.847 Billions.
General government total expenditure (% of GDP) 43.445 %
Total Government Net Lending/ Borrowing (National Currency)ISK -23.586 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.809 %
General Government Structural Balance (National Currency)ISK -14.765 Billion.
General Government Structural Balance (% Potential GDP) -1.709 %
Fiscal Year Gross Domestic Product, Current PricesISK 839.786 Billions.
Current Account Balance (US Dollars)US$ 0.105 Billion
Current Account Balance (% GDP) 1.148 %
Economic Indicators for Iceland 2002

GDP (Constant Prices, National Currency) for Iceland in year 2002 is ISK 895.389 Billion.

GDP Growth (Constant Prices, National Currency) for Iceland in year 2002 is 0.453 %.

GDP (Current Prices, National Currency) for Iceland in year 2002 is ISK 839.786 Billion.

GDP (Current Prices, US Dollars) for Iceland in year 2002 is US$ 9.162 Billion.

GDP Deflator for Iceland in year 2002 is 93.79 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Iceland in year 2002 is ISK 3,124,449.10 .

GDP Per Capita (Current Prices, National Currency) for Iceland in year 2002 is ISK 2,930,423.10 .

GDP Per Capita (Current Prices, US Dollars) for Iceland in year 2002 is US$ 31,969.88 .

GDP (PPP), US Dollars for Iceland in year 2002 is US$ 8.197 Billion.

GDP Per Capita (PPP), US Dollars for Iceland in year 2002 is US$ 28,603.15 .

GDP Share of World Total (PPP) for Iceland in year 2002 is 0.015 %.

Implied PPP Conversion Rate for Iceland in year 2002 is 102.451 .

Investment (% of GDP) for Iceland in year 2002 is 19.72 %.

Gross National Savings (% of GDP) for Iceland in year 2002 is 20.868 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Iceland in year 2002 is 124.667 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Iceland in year 2002 is 5.174 %.

Inflation, End of Year (Indexed to Year 2000) for Iceland in year 2002 is 125.4 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Iceland in year 2002 is 1.951 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Iceland in year 2002 is -2.733 %.

Import Volumes of Goods Only (Percent Change) for Iceland in year 2002 is -2.878 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Iceland in year 2002 is 3.395 %.

Export Volumes of Goods Only (Percent Change) for Iceland in year 2002 is 7.194 %.

Unemployment Rate (% of Labour Force) for Iceland in year 2002 is 3.076 %.

Employment for Iceland in year 2002 is 0.156 Million .

Population for Iceland in year 2002 is 0.287 Million .

General government revenue (National Currency) for Iceland in year 2002 is ISK 341.261 Billions.

General government revenue (% of GDP) for Iceland in year 2002 is 40.637 %.

General government total expenditure (National Currency) for Iceland in year 2002 is ISK 364.847 Billions.

General government total expenditure (% of GDP) for Iceland in year 2002 is 43.445 %.

Total Government Net Lending/ Borrowing (National Currency) for Iceland in year 2002 is ISK -23.586 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Iceland in year 2002 is -2.809 %.

General Government Structural Balance (National Currency) for Iceland in year 2002 is ISK -14.765 Billion.

General Government Structural Balance (% Potential GDP) for Iceland in year 2002 is -1.709 %.

Fiscal Year Gross Domestic Product, Current Prices for Iceland in year 2002 is ISK 839.786 Billions.

Current Account Balance (US Dollars) for Iceland in year 2002 is US$ 0.105 Billion.

Current Account Balance (% GDP) for Iceland in year 2002 is 1.148 %.

* Source: IMF
Aggregate Indicators for Iceland
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Iceland
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Iceland
  Natural Resources, Agricultural Products, Land Use and Water Use for Iceland
  Nationality, Ethnic Groups, Languages and Religions for Iceland
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Iceland
  Age Structure, Median Age, Gender and Urbanization for Iceland
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Iceland
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Iceland
  HIV, AIDS and Other Major Infectious Disease Rates for Iceland
  Literacy Rate, Educational Expenditure and School Life Expectancy for Iceland
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Iceland
  Industries and Industrial Growth Production Rate for Iceland
  Labor Force by Occupation for Iceland
  Poverty Line, Gini Index, Household Income and Consumption for Iceland
  National Budget and Public Debt for Iceland
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Iceland
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Iceland
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Iceland
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Iceland
  Foreign Exchange Reserves and Gold Reserves for Iceland
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Iceland
  Exchange Rate Statistics for Iceland
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Iceland
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Iceland
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Iceland
  Television and Radio Statistics (TV Stats, Radio Stats) for Iceland
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Iceland
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Iceland
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Iceland
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Iceland
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Iceland
* Source: CIA
Internet Indicators for Iceland
Indicators
  Number of Internet Users for Iceland
  Internet Penetration Rate for Iceland
  Number of Facebook Accounts for Iceland
  Facebook Penetration Rate for Iceland
* Source: IWS
Economic Freedom Indicators for Iceland
Indicators
  Economic Freedom World Rank for Iceland
  Government Spending for Iceland
  Monetary Freedom for Iceland
  Investment Freedom for Iceland
  Financial Freedom for Iceland
  Property Rights for Iceland
  Economic Freedom Regional Ranking for Iceland
  Freedom from Corruption for Iceland
  Labor Freedom for Iceland
  Tariff Rate for Iceland
  Income Tax Rate for Iceland
  Corporate Tax Rate for Iceland
  Tax Burden % of GDP for Iceland
  Government Expenditure % of GDP for Iceland
  Business Freedom for Iceland
  Trade Freedom for Iceland
  Fiscal Freedom for Iceland
  2016 Score for Iceland
* Source: HFO
Corruption Perceptions Index Rank and Score for Iceland
Indicator
  Corruption Perceptions Index Rank and Score for Iceland
* Source: TIO
Iceland Economic Indicators in other Years
  Iceland Economic Indicators for Year 2021 (Forecast)
  Iceland Economic Indicators for Year 2020 (Forecast)
  Iceland Economic Indicators for Year 2019 (Forecast)
  Iceland Economic Indicators for Year 2018 (Forecast)
  Iceland Economic Indicators for Year 2017 (Forecast)
  Iceland Economic Indicators for Year 2016 (Forecast)
  Iceland Economic Indicators for Year 2015 (Current)
  Iceland Economic Indicators for Year 2014
  Iceland Economic Indicators for Year 2013
  Iceland Economic Indicators for Year 2012
  Iceland Economic Indicators for Year 2011
  Iceland Economic Indicators for Year 2010
  Iceland Economic Indicators for Year 2009
  Iceland Economic Indicators for Year 2008
  Iceland Economic Indicators for Year 2007
  Iceland Economic Indicators for Year 2006
  Iceland Economic Indicators for Year 2005
  Iceland Economic Indicators for Year 2004
  Iceland Economic Indicators for Year 2003
Iceland Economic Indicators for Year 2002
  Iceland Economic Indicators for Year 2001
  Iceland Economic Indicators for Year 2000
  Iceland Economic Indicators for Year 1999
  Iceland Economic Indicators for Year 1998
  Iceland Economic Indicators for Year 1997
  Iceland Economic Indicators for Year 1996
  Iceland Economic Indicators for Year 1995
  Iceland Economic Indicators for Year 1994
  Iceland Economic Indicators for Year 1993
  Iceland Economic Indicators for Year 1992
  Iceland Economic Indicators for Year 1991
  Iceland Economic Indicators for Year 1990
  Iceland Economic Indicators for Year 1989
  Iceland Economic Indicators for Year 1988
  Iceland Economic Indicators for Year 1987
  Iceland Economic Indicators for Year 1986
  Iceland Economic Indicators for Year 1985
  Iceland Economic Indicators for Year 1984
  Iceland Economic Indicators for Year 1983
  Iceland Economic Indicators for Year 1982
  Iceland Economic Indicators for Year 1981
  Iceland Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International