Quarterly National Accounts, Volume 2015 Issue 2
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Quarterly National Accounts, Volume 2015 Issue 2

The OECD’s Quarterly National Accounts contains a selection of the accounts most widely used by economic analysts: GDP by expenditure and by industry, gross fixed capital formation by asset, gross fixed capital formation by institutional sector, and components of disposable income are all shown at both current and constant prices. Saving and Net lending and GDP by income at current prices are also provided as well as population and employment data (national concept) and employment by industry (domestic concept).

The data cover 34 OECD countries, and totals are provided for the following groups: OECD, OECD-Europe, European Union, Euro area, G7 and G20.

Data are based on the System of National Accounts 2008 (2008 SNA) for all countries, except Chile, Japan and Turkey (1993 SNA).

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Table 1 – Gross domestic product, expenditure approach: Iceland You or your institution have access to this content

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Quarterly National Accounts, Volume 2015 Issue 2 - © OECD 2015

Iceland
1Gross domestic product, expenditure approach
  Million ISK, quarterly levels
‌‌
‌‌
‌2011‌
‌2012‌
‌2013‌
‌2014‌
‌2011‌
‌2012‌
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 
AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
1
Final consumption expenditure
1 298 339
 
1 381 919
 
1 441 826
 
1 532 733
 
329 601
 
333 979
 
339 389
 
344 421
 
345 939
 
352 171
 
2
Private final consumption expenditure
878 950
 
946 707
 
984 308
 
1 048 471
 
222 969
 
226 782
 
232 424
 
236 353
 
236 897
 
241 032
 
3
Households 1
845 882
 
911 705
 
946 974
 
1 008 104
 
214 977
 
218 518
 
223 854
 
227 921
 
227 322
 
232 608
 
4
Non profit institutions serving households 1
33 068
 
35 001
 
37 333
 
40 367
 
8 389
 
8 505
 
8 537
 
8 711
 
8 793
 
8 961
 
5
Government final consumption expenditure
419 389
 
435 213
 
457 518
 
484 262
 
106 632
 
107 198
 
106 965
 
108 068
 
109 041
 
111 138
 
6
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
7
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
8
Gross capital formation
267 050
 
289 189
 
285 514
 
332 775
 
62 350
 
82 321
 
79 127
 
72 008
 
67 992
 
70 061
 
9
Gross fixed capital formation by asset
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
10
Dwellings
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
11
Other buildings and structures
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
12
Transport equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
13
Other machinery and equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
14
Cultivated biological assets
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
15
Intellectual property products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
16
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
17
Gross fixed capital formation by institutional sector
263 693
 
287 390
 
290 467
 
331 341
 
63 584
 
82 343
 
75 703
 
76 344
 
65 304
 
70 039
 
18
General government
44 567
 
44 048
 
51 202
 
55 819
 
10 162
 
15 103
 
10 483
 
10 918
 
10 930
 
11 717
 
19
Other sectors
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
20
Changes in inventories, acq. less disposals of valuables
3 357
 
1 800
 
-4 953
 
1 434
 
-1 234
 
-22
 
3 424
 
-4 336
 
2 689
 
22
 
21
Changes in inventories
3 357
 
1 800
 
-4 953
 
1 434
 
-1 234
 
-22
 
3 424
 
-4 336
 
2 689
 
22
 
22
Acquisitions less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
23
External balance of goods and services
137 762
 
109 137
 
153 554
 
127 827
 
44 386
 
24 381
 
19 551
 
19 045
 
36 540
 
34 001
 
24
Exports of goods and services
959 867
 
1 009 937
 
1 045 937
 
1 065 915
 
255 156
 
248 096
 
247 138
 
254 070
 
253 602
 
255 126
 
25
Exports of goods
562 698
 
576 340
 
561 036
 
566 747
 
154 033
 
147 576
 
141 337
 
143 259
 
142 358
 
149 386
 
26
Exports of services
397 169
 
433 597
 
484 901
 
499 168
 
101 124
 
100 519
 
105 801
 
110 812
 
111 245
 
105 740
 
27
Imports of goods and services
822 105
 
900 800
 
892 383
 
938 088
 
210 771
 
223 715
 
227 588
 
235 025
 
217 062
 
221 125
 
28
Imports of goods
526 574
 
564 336
 
553 285
 
577 735
 
133 100
 
147 271
 
145 865
 
146 637
 
134 030
 
137 804
 
29
Imports of services
295 531
 
336 464
 
339 099
 
360 353
 
77 670
 
76 444
 
81 722
 
88 388
 
83 032
 
83 321
 
30
Residual item
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
31
Gross domestic product
1 703 151
 
1 780 245
 
1 880 893
 
1 993 336
 
436 336
 
440 681
 
438 067
 
435 474
 
450 471
 
456 232
 
 
IN VOLUME, REFERENCE YEAR 2005, S.A.
 
 
 
 
 
 
 
 
 
 
32
Final consumption expenditure
861 549
 
868 405
 
873 593
 
900 808
 
216 271
 
216 202
 
216 432
 
216 874
 
216 725
 
218 374
 
33
Private final consumption expenditure
587 116
 
598 671
 
601 846
 
624 270
 
147 486
 
147 902
 
149 259
 
149 722
 
149 225
 
150 465
 
34
Households 1
564 429
 
576 342
 
579 355
 
601 385
 
141 793
 
142 247
 
143 619
 
144 176
 
143 638
 
144 909
 
35
Non profit institutions serving households 1
22 477
 
22 101
 
22 262
 
22 658
 
5 593
 
5 559
 
5 531
 
5 521
 
5 519
 
5 530
 
36
Government final consumption expenditure
273 905
 
269 354
 
271 356
 
276 245
 
68 654
 
68 178
 
67 080
 
67 061
 
67 401
 
67 811
 
37
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
38
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
39
Gross capital formation 1
151 016
 
159 653
 
153 234
 
178 093
 
33 932
 
44 259
 
48 492
 
38 300
 
36 966
 
35 896
 
40
Gross fixed capital formation by asset
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
41
Dwellings
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
42
Other buildings and structures
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
43
Transport equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
44
Other machinery and equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
45
Cultivated biological assets
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
46
Intellectual property products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
47
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
48
Gross fixed capital formation by institutional sector
147 841
 
156 159
 
154 604
 
175 817
 
35 693
 
45 682
 
42 526
 
40 895
 
35 990
 
36 748
 
49
General government
25 593
 
23 977
 
26 981
 
29 013
 
5 689
 
8 558
 
5 850
 
6 036
 
5 778
 
6 313
 
50
Other sectors
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
51
Changes in inventories, acq. less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
52
Changes in inventories
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
53
Acquisitions less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
54
External balance of goods and services
113 159
 
113 948
 
144 507
 
125 376
 
30 963
 
28 234
 
23 440
 
24 389
 
35 424
 
30 695
 
55
Exports of goods and services
443 402
 
459 600
 
491 131
 
506 376
 
113 519
 
118 032
 
110 923
 
113 456
 
121 016
 
114 204
 
56
Exports of goods
242 179
 
250 506
 
259 847
 
263 874
 
63 055
 
66 986
 
59 537
 
60 392
 
66 527
 
64 051
 
57
Exports of services
198 051
 
205 887
 
228 584
 
239 790
 
49 542
 
49 939
 
50 759
 
52 503
 
53 556
 
49 070
 
58
Imports of goods and services
330 243
 
345 652
 
346 624
 
381 001
 
82 556
 
89 799
 
87 483
 
89 068
 
85 592
 
83 509
 
59
Imports of goods
208 219
 
212 845
 
212 313
 
233 084
 
50 980
 
58 130
 
54 883
 
54 461
 
52 125
 
51 376
 
60
Imports of services
122 842
 
133 924
 
135 494
 
149 229
 
31 774
 
31 900
 
32 831
 
34 914
 
33 774
 
32 405
 
61
Residual item
27 113
 
25 777
 
38 023
 
27 608
 
11 061
 
8 030
 
213
 
6 853
 
9 702
 
9 009
 
62
Gross domestic product
1 152 309
 
1 167 403
 
1 208 966
 
1 231 592
 
292 096
 
296 602
 
288 483
 
286 325
 
298 718
 
293 876
 
1Gross domestic product, expenditure approach (cont.)
  Million ISK, quarterly levels
‌‌
‌‌
‌2013‌
‌2014‌
‌2015‌
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 
AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
1
Final consumption expenditure
354 391
 
357 353
 
362 801
 
367 281
 
374 758
 
380 580
 
385 633
 
391 761
 
395 683
 
..
 
2
Private final consumption expenditure
241 677
 
243 512
 
248 160
 
250 959
 
256 388
 
260 551
 
263 651
 
267 881
 
269 954
 
..
 
3
Households 1
232 574
 
234 030
 
238 622
 
241 749
 
246 487
 
250 914
 
252 986
 
257 716
 
258 572
 
..
 
4
Non profit institutions serving households 1
9 143
 
9 287
 
9 374
 
9 530
 
9 700
 
9 922
 
10 221
 
10 525
 
10 848
 
..
 
5
Government final consumption expenditure
112 714
 
113 841
 
114 640
 
116 322
 
118 370
 
120 030
 
121 982
 
123 881
 
125 729
 
..
 
6
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
7
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
8
Gross capital formation
67 476
 
75 518
 
70 216
 
72 304
 
68 013
 
79 543
 
93 437
 
91 782
 
105 090
 
..
 
9
Gross fixed capital formation by asset
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
10
Dwellings
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
11
Other buildings and structures
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
12
Transport equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
13
Other machinery and equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
14
Cultivated biological assets
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
15
Intellectual property products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
16
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
17
Gross fixed capital formation by institutional sector
68 414
 
74 707
 
71 741
 
75 605
 
81 548
 
74 144
 
90 597
 
85 052
 
103 149
 
..
 
18
General government
12 375
 
12 409
 
12 966
 
13 452
 
13 489
 
14 002
 
14 136
 
14 192
 
14 277
 
..
 
19
Other sectors
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
20
Changes in inventories, acq. less disposals of valuables
-938
 
811
 
-1 525
 
-3 301
 
-13 535
 
5 399
 
2 840
 
6 730
 
1 941
 
..
 
21
Changes in inventories
-938
 
811
 
-1 525
 
-3 301
 
-13 535
 
5 399
 
2 840
 
6 730
 
1 941
 
..
 
22
Acquisitions less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
23
External balance of goods and services
37 911
 
25 297
 
44 707
 
45 639
 
22 307
 
23 064
 
36 525
 
45 932
 
23 607
 
..
 
24
Exports of goods and services
261 703
 
244 596
 
267 516
 
272 122
 
248 615
 
251 798
 
284 839
 
280 663
 
287 231
 
..
 
25
Exports of goods
144 226
 
126 836
 
145 459
 
144 516
 
129 651
 
132 007
 
150 734
 
154 355
 
159 351
 
..
 
26
Exports of services
117 477
 
117 760
 
122 057
 
127 607
 
118 964
 
119 791
 
134 105
 
126 308
 
127 880
 
..
 
27
Imports of goods and services
223 792
 
219 299
 
222 808
 
226 484
 
226 309
 
228 734
 
248 314
 
234 731
 
263 624
 
..
 
28
Imports of goods
140 092
 
138 011
 
138 633
 
136 549
 
138 896
 
140 463
 
158 040
 
140 336
 
171 407
 
..
 
29
Imports of services
83 700
 
81 288
 
84 176
 
89 935
 
87 412
 
88 271
 
90 274
 
94 396
 
92 217
 
..
 
30
Residual item
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
..
 
31
Gross domestic product
459 778
 
458 168
 
477 724
 
485 224
 
465 078
 
483 187
 
515 595
 
529 475
 
524 381
 
..
 
 
IN VOLUME, REFERENCE YEAR 2005, S.A.
 
 
 
 
 
 
 
 
 
 
32
Final consumption expenditure
217 173
 
217 352
 
219 413
 
219 656
 
222 546
 
224 663
 
225 342
 
228 257
 
229 687
 
..
 
33
Private final consumption expenditure
149 213
 
149 584
 
151 503
 
151 546
 
153 746
 
155 562
 
156 242
 
158 720
 
159 953
 
..
 
34
Households 1
143 557
 
143 956
 
145 923
 
145 919
 
148 211
 
149 968
 
150 397
 
152 809
 
154 054
 
..
 
35
Non profit institutions serving households 1
5 542
 
5 553
 
5 577
 
5 589
 
5 624
 
5 651
 
5 675
 
5 708
 
5 728
 
..
 
36
Government final consumption expenditure
67 854
 
67 667
 
67 818
 
68 017
 
68 713
 
69 024
 
69 029
 
69 479
 
69 692
 
..
 
37
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
38
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
39
Gross capital formation 1
38 347
 
41 865
 
36 857
 
36 164
 
37 771
 
43 455
 
48 257
 
48 610
 
53 477
 
..
 
40
Gross fixed capital formation by asset
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
41
Dwellings
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
42
Other buildings and structures
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
43
Transport equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
44
Other machinery and equipment
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
45
Cultivated biological assets
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
46
Intellectual property products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
47
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
48
Gross fixed capital formation by institutional sector
36 423
 
40 436
 
38 227
 
39 518
 
42 914
 
39 366
 
48 434
 
45 102
 
52 383
 
..
 
49
General government
6 593
 
6 595
 
6 744
 
7 049
 
7 028
 
7 289
 
7 332
 
7 364
 
7 356
 
..
 
50
Other sectors
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
51
Changes in inventories, acq. less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
52
Changes in inventories
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
53
Acquisitions less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
54
External balance of goods and services
34 978
 
29 925
 
39 913
 
39 691
 
32 495
 
29 802
 
32 269
 
30 809
 
21 613
 
..
 
55
Exports of goods and services
117 874
 
117 510
 
127 038
 
128 709
 
124 547
 
123 652
 
132 516
 
125 662
 
128 639
 
..
 
56
Exports of goods
62 899
 
60 242
 
68 716
 
67 990
 
66 247
 
65 219
 
68 064
 
64 345
 
65 595
 
..
 
57
Exports of services
54 277
 
56 800
 
57 484
 
60 022
 
57 609
 
57 757
 
63 760
 
60 664
 
62 400
 
..
 
58
Imports of goods and services
82 896
 
87 585
 
87 125
 
89 019
 
92 052
 
93 850
 
100 247
 
94 853
 
107 026
 
..
 
59
Imports of goods
51 073
 
54 432
 
53 502
 
53 305
 
56 198
 
57 436
 
63 323
 
56 126
 
68 901
 
..
 
60
Imports of services
32 089
 
33 409
 
33 912
 
36 084
 
36 176
 
36 735
 
37 186
 
39 132
 
38 345
 
..
 
61
Residual item
7 227
 
6 630
 
11 127
 
13 039
 
9 994
 
3 127
 
7 884
 
6 604
 
4 926
 
..
 
62
Gross domestic product
297 619
 
295 671
 
307 219
 
308 457
 
302 719
 
300 969
 
313 681
 
314 222
 
309 660
 
..
 
..
Not available
Note: Detailed metadata:http://metalinks.oecd.org/qna/20150922/13b4
Disclaimer: http://oe.cd/disclaimer
1.
Series seasonally adjusted by the OECD, method TRAMO/SEATS.

 
Countries Covered:
Iceland
 
Visit the OECD web site