Economic Indicators for Iceland | Sigmanomics | Sigmanomics

Economic Indicators for Iceland

Indicator	Last	Previous	Highest	Lowest	Unit
Producer Price Index YoY	13.7	18.6	19.4	13.7	%
Producer Price Index MoM	-3.3	-0.5	2	-3.3
Unemployment Rate	6.8	6.6	6.8	5	%
Balance of Trade	-63.1	-39.4	-39.4	-63.1	B
Interest Rate Decision	8	7.75	8	7.75	%
Inflation Rate YoY	5.9	5.6	5.9	5.2	%
Inflation Rate MoM	0.4	0.2	0.9	0.2	%
Current Account	-120.3	-28.8	-28.8	-120.3	B
GDP Growth Rate YoY	-1.1	3.8	3.8	-1.1	%
GDP Growth Rate QoQ	-3	3.7	3.7	-3	%
Gross Domestic Product QoQ	-3	3.7	3.7	-3
Gross Domestic Product YoY	-1.1	3.8	3.8	-1.1	%
CPI MoM	0.2	0.4	0.4	0.2
CPI YoY	5.6	5.3	5.6	5.3	%
Inflation, consumer prices (annual %)	8.74	8.74	8.74	1.63	%
Central government debt, total (% of GDP)	81.06	81.06	152.74	81.06	B
Population, total	393600	393600	393600	320716
Unemployment with advanced education (% of total labor force with advanced education)	2.26	2.26	4.08	1.61	%
Exports of goods and services (% of GDP)	43.64	43.64	54.93	33.31	B
Imports of goods and services (% of GDP)	43.15	43.15	49.16	34.67	B
Real interest rate (%)	5.32	5.32	6.26	-1.15	%
GDP growth (annual %)	4.06	4.06	8.88	-6.94	B
Current account balance (% of GDP)	1.03	1.03	8.27	-3.52	B
Consumer price index (2010 = 100)	163.2	163.2	163.2	104
Lending interest rate (%)	11.53	11.53	11.53	5.4	%
Labor force, total	239778	239778	239778	187518
GDP (current US$)	31020032583.2	31020032583.2	31020032583.2	14751508133.54	B
Unemployment, total (% of total labor force) (national estimate)	3.52	3.52	7.03	2.7	%
Fertility rate, total (births per woman)	1.59	1.59	2.04	1.59	%
New businesses registered (number)	3052	3052	3231	1781
Hospital beds (per 1,000 people)	2.83	2.83	3.24	2.8
Human Capital Index (HCI) (scale 0-1)	0.75	0.75	0.75	0.74
Time required to build a warehouse (days)	84	84	84	84
Physicians (per 1,000 people)	3.89	3.89	3.89	3.56
Time required to start a business (days)	11.5	11.5	12	4.5
Armed forces personnel, total	250	250	250	180