Table

Iceland. Source:IMF World Economic Outlook Database(Oct 2018)
N Subject Descriptor Units Scale Estimates Start After 2017 2018 2019 2020 2021 2022 2023
1 Gross domestic product, constant prices National currency Billions Y2017 1,431.696 1,484.769 1,528.457 1,571.769 1,612.945 1,652.717 1,693.882
2 Gross domestic product, constant prices Percent change Y2017 3.989 3.707 2.942 2.834 2.62 2.466 2.491
3 Gross domestic product, current prices National currency Billions Y2017 2,615.22 2,796.576 2,993.468 3,177.718 3,358.706 3,542.851 3,731.867
4 Gross domestic product, current prices U.S. dollars Billions Y2017 24.478 26.674 28.252 30.26 32.135 34.184 36.385
5 Gross domestic product, current prices Purchasing power parity; international dollars Billions Y2017 18.181 19.293 20.284 21.257 22.22 23.191 24.228
6 Gross domestic product, deflator Index Y2017 182.666 188.351 195.849 202.175 208.234 214.365 220.314
7 Gross domestic product per capita, constant prices National currency Units Y2017 4,108,755.919 4,213,644.053 4,288,648.695 4,359,288.839 4,423,688.997 4,484,145.85 4,546,537.488
8 Gross domestic product per capita, constant prices Purchasing power parity; 2011 international dollar Units Y2017 47,426.671 48,637.377 49,503.143 50,318.53 51,061.89 51,759.733 52,479.909
9 Gross domestic product per capita, current prices National currency Units Y2017 7,505,294.877 7,936,439.213 8,399,276.95 8,813,373.538 9,211,638.513 9,612,453.899 10,016,680.487
10 Gross domestic product per capita, current prices U.S. dollars Units Y2017 70,248.268 75,699.62 79,270.739 83,924.53 88,133.599 92,749.095 97,659.425
11 Gross domestic product per capita, current prices Purchasing power parity; international dollars Units Y2017 52,178.061 54,752.853 56,914.642 58,955.106 60,939.917 62,922.046 65,029.393
12 Output gap in percent of potential GDP Percent of potential GDP NA NA NA NA NA NA NA NA
13 Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent Y2017 0.014 0.014 0.014 0.014 0.014 0.014 0.014
14 Implied PPP conversion rate National currency per current international dollar Y2017 143.84 144.95 147.577 149.493 151.159 152.768 154.033
15 Total investment Percent of GDP Y2017 22.284 23.075 23.741 24.044 23.999 24.017 23.967
16 Gross national savings Percent of GDP Y2017 25.787 25.509 25.779 26.031 26.238 26.135 26.154
17 Inflation, average consumer prices Index Y2017 248.172 254.442 261.057 267.845 274.541 281.404 288.44
18 Inflation, average consumer prices Percent change Y2017 1.761 2.527 2.6 2.6 2.5 2.5 2.5
19 Inflation, end of period consumer prices Index Y2017 250.56 257.075 263.758 270.616 277.382 284.316 291.424
20 Inflation, end of period consumer prices Percent change Y2017 1.874 2.6 2.6 2.6 2.5 2.5 2.5
21 Six-month London interbank offered rate (LIBOR) Percent NA NA NA NA NA NA NA NA
22 Volume of imports of goods and services Percent change Y2017 12.484 5.504 6.778 3.277 2.139 3.207 2.559
23 Volume of Imports of goods Percent change Y2017 11.53 3.098 9.781 2.848 1.324 3.456 2.292
24 Volume of exports of goods and services Percent change Y2017 5.451 3.222 3.133 2.473 2.396 2.369 2.424
25 Volume of exports of goods Percent change Y2017 1.399 3.486 2.929 1.701 1.639 2.202 2.582
26 Unemployment rate Percent of total labor force Y2017 2.792 3.183 3.3 3.6 3.75 3.75 3.75
27 Employment Persons Millions Y2017 0.194 0.198 0.204 NA NA NA NA
28 Population Persons Millions Y2017 0.348 0.352 0.356 0.361 0.365 0.369 0.373
29 General government revenue National currency Billions Y2017 1,109.605 1,163.071 1,243.664 1,315.457 1,381.113 1,444.683 1,518.798
30 General government revenue Percent of GDP Y2017 42.429 41.589 41.546 41.396 41.12 40.777 40.698
31 General government total expenditure National currency Billions Y2017 1,070.946 1,138.811 1,222.252 1,298.945 1,367.575 1,427.839 1,498.966
32 General government total expenditure Percent of GDP Y2017 40.951 40.722 40.831 40.877 40.717 40.302 40.167
33 General government net lending/borrowing National currency Billions Y2017 38.659 24.26 21.412 16.513 13.538 16.843 19.832
34 General government net lending/borrowing Percent of GDP Y2017 1.478 0.867 0.715 0.52 0.403 0.475 0.531
35 General government structural balance National currency Billions Y2017 -24.496 -1.784 -1.532 -0.794 0.107 18.688 20.673
36 General government structural balance Percent of potential GDP Y2017 -0.951 -0.064 -0.052 -0.025 0.003 0.528 0.554
37 General government primary net lending/borrowing National currency Billions Y2017 121.395 91.929 89.925 84.052 75.458 80.405 85.221
38 General government primary net lending/borrowing Percent of GDP Y2017 4.642 3.287 3.004 2.645 2.247 2.269 2.284
39 General government net debt National currency Billions Y2017 893.179 848.442 826.193 811.68 800.142 785.299 767.467
40 General government net debt Percent of GDP Y2017 34.153 30.339 27.6 25.543 23.823 22.166 20.565
41 General government gross debt National currency Billions Y2017 1,044.983 1,035.351 1,012.392 998.751 970.721 906.967 881.065
42 General government gross debt Percent of GDP Y2017 39.958 37.022 33.82 31.43 28.902 25.6 23.609
43 Gross domestic product corresponding to fiscal year, current prices National currency Billions Y2017 2,615.22 2,796.576 2,993.468 3,177.718 3,358.706 3,542.851 3,731.867
44 Current account balance U.S. dollars Billions Y2017 0.857 0.649 0.576 0.601 0.72 0.724 0.796
45 Current account balance Percent of GDP Y2017 3.503 2.435 2.038 1.987 2.239 2.118 2.187