Quarterly National Accounts, Volume 2015 Issue 4
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Quarterly National Accounts, Volume 2015 Issue 4

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 3 - © OECD 2015

Iceland
1Gross domestic product, expenditure approach
  Million ISK, quarterly levels
‌‌
‌‌
‌2012‌
‌2013‌
‌2014‌
‌2015‌
‌2012‌
‌2013‌
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 
AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
1
Final consumption expenditure
1 384 685
 
1 447 080
 
1 531 492
 
1 625 913
 
339 976
 
345 473
 
346 210
 
353 026
 
356 061
 
358 859
 
2
Private final consumption expenditure
948 382
 
987 859
 
1 046 641
 
1 105 770
 
232 374
 
237 116
 
237 025
 
241 866
 
243 720
 
244 153
 
3
Households 1
913 907
 
950 993
 
1 006 803
 
1 061 853
 
223 639
 
228 917
 
228 206
 
233 145
 
234 823
 
234 900
 
4
Non profit institutions serving households 1
34 474
 
36 866
 
39 838
 
43 917
 
8 429
 
8 558
 
8 671
 
8 816
 
8 968
 
9 208
 
5
Government final consumption expenditure
436 303
 
459 221
 
484 850
 
520 143
 
107 602
 
108 357
 
109 185
 
111 160
 
112 341
 
114 706
 
6
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
7
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
8
Gross capital formation
286 306
 
291 893
 
347 805
 
424 387
 
91 931
 
67 298
 
62 983
 
64 095
 
81 809
 
75 788
 
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
284 506
 
296 846
 
345 760
 
420 898
 
73 964
 
77 438
 
63 916
 
69 189
 
69 272
 
78 513
 
18
General government
46 003
 
53 328
 
60 958
 
62 910
 
10 991
 
11 383
 
11 271
 
12 359
 
12 777
 
12 808
 
19
Other sectors
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
20
Changes in inventories, acq. less disposals of valuables
1 800
 
-4 953
 
2 045
 
3 489
 
17 967
 
-10 139
 
-933
 
-5 094
 
12 537
 
-2 725
 
21
Changes in inventories
1 800
 
-4 953
 
2 045
 
3 489
 
17 967
 
-10 139
 
-933
 
-5 094
 
12 537
 
-2 725
 
22
Acquisitions less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
23
External balance of goods and services
106 209
 
150 163
 
124 342
 
155 179
 
16 628
 
17 453
 
43 218
 
28 910
 
38 993
 
24 251
 
24
Exports of goods and services
1 013 269
 
1 047 616
 
1 067 242
 
1 176 618
 
246 339
 
253 804
 
261 734
 
251 392
 
264 295
 
244 441
 
25
Exports of goods
576 340
 
561 036
 
568 316
 
614 151
 
139 535
 
142 574
 
150 274
 
143 957
 
146 604
 
127 771
 
26
Exports of services
436 929
 
486 580
 
498 927
 
562 467
 
106 805
 
111 230
 
111 460
 
107 435
 
117 691
 
116 670
 
27
Imports of goods and services
907 060
 
897 453
 
942 900
 
1 021 439
 
229 711
 
236 350
 
218 516
 
222 482
 
225 302
 
220 190
 
28
Imports of goods
564 308
 
553 211
 
578 616
 
649 659
 
146 099
 
146 179
 
134 313
 
137 717
 
140 210
 
137 538
 
29
Imports of services
342 751
 
344 242
 
364 284
 
371 780
 
83 612
 
90 171
 
84 203
 
84 765
 
85 092
 
82 652
 
30
Residual item
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
31
Gross domestic product
1 777 200
 
1 889 136
 
2 003 638
 
2 205 479
 
448 534
 
430 225
 
452 410
 
446 031
 
476 863
 
458 898
 
 
IN VOLUME, REFERENCE YEAR 2005, S.A.
 
 
 
 
 
 
 
 
 
 
32
Final consumption expenditure
864 251
 
872 915
 
895 547
 
927 631
 
215 188
 
215 796
 
215 940
 
217 327
 
216 900
 
217 487
 
33
Private final consumption expenditure
600 261
 
606 203
 
624 397
 
654 078
 
149 275
 
150 162
 
149 796
 
151 028
 
150 747
 
150 628
 
34
Households 1
578 250
 
583 976
 
601 791
 
631 282
 
143 557
 
144 789
 
144 277
 
145 627
 
145 196
 
144 992
 
35
Non profit institutions serving households 1
21 767
 
21 981
 
22 360
 
22 593
 
5 451
 
5 422
 
5 442
 
5 453
 
5 453
 
5 507
 
36
Government final consumption expenditure
263 860
 
266 578
 
271 146
 
274 006
 
65 873
 
65 614
 
66 104
 
66 270
 
66 125
 
66 808
 
37
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
38
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
39
Gross capital formation 1
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
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
154 412
 
157 862
 
183 137
 
217 153
 
41 347
 
40 214
 
37 005
 
35 847
 
36 525
 
41 474
 
49
General government
25 134
 
28 179
 
31 697
 
31 358
 
6 108
 
6 221
 
6 159
 
6 646
 
6 792
 
6 820
 
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
111 984
 
142 132
 
123 353
 
113 250
 
25 547
 
25 800
 
30 371
 
30 266
 
35 548
 
30 178
 
55
Exports of goods and services
457 921
 
488 526
 
503 631
 
544 715
 
113 243
 
114 508
 
116 588
 
113 581
 
118 483
 
117 383
 
56
Exports of goods
250 506
 
259 847
 
264 237
 
272 821
 
61 846
 
62 154
 
62 939
 
63 567
 
63 632
 
61 334
 
57
Exports of services
204 090
 
225 685
 
236 313
 
268 804
 
50 590
 
51 592
 
52 923
 
48 986
 
54 079
 
55 413
 
58
Imports of goods and services
345 937
 
346 394
 
380 279
 
431 464
 
87 696
 
88 709
 
86 217
 
83 316
 
82 934
 
87 205
 
59
Imports of goods
212 815
 
212 264
 
232 016
 
275 335
 
54 777
 
53 983
 
52 756
 
51 299
 
50 937
 
53 984
 
60
Imports of services
133 949
 
134 988
 
149 227
 
156 962
 
33 099
 
34 959
 
33 677
 
32 214
 
32 198
 
33 417
 
61
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
62
Gross domestic product
1 159 051
 
1 209 918
 
1 233 558
 
1 282 372
 
289 242
 
286 386
 
292 277
 
291 145
 
297 587
 
298 406
 
1Gross domestic product, expenditure approach (cont.)
  Million ISK, quarterly levels
‌‌
‌‌
‌2013‌
‌2014‌
‌2015‌
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 
AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
1
Final consumption expenditure
364 122
 
367 945
 
374 277
 
380 392
 
386 039
 
390 785
 
396 251
 
402 427
 
408 814
 
418 420
 
2
Private final consumption expenditure
248 820
 
251 165
 
255 781
 
259 942
 
263 596
 
267 322
 
269 703
 
274 544
 
277 818
 
283 705
 
3
Households 1
239 446
 
241 824
 
246 096
 
250 136
 
253 348
 
257 224
 
258 551
 
263 779
 
266 550
 
272 973
 
4
Non profit institutions serving households 1
9 253
 
9 437
 
9 592
 
9 777
 
10 142
 
10 327
 
10 640
 
10 856
 
11 054
 
11 368
 
5
Government final consumption expenditure
115 301
 
116 779
 
118 496
 
120 449
 
122 443
 
123 463
 
126 549
 
127 884
 
130 996
 
134 714
 
6
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
7
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
8
Gross capital formation
60 868
 
73 427
 
82 156
 
81 772
 
92 597
 
91 280
 
112 768
 
100 119
 
99 880
 
111 620
 
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
67 174
 
81 886
 
83 284
 
78 803
 
95 701
 
87 973
 
98 936
 
102 853
 
102 058
 
117 051
 
18
General government
13 411
 
14 333
 
14 628
 
15 271
 
15 978
 
15 081
 
15 395
 
15 657
 
15 426
 
16 432
 
19
Other sectors
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
20
Changes in inventories, acq. less disposals of valuables
-6 306
 
-8 459
 
-1 129
 
2 970
 
-3 104
 
3 308
 
13 832
 
-2 733
 
-2 179
 
-5 431
 
21
Changes in inventories
-6 306
 
-8 459
 
-1 129
 
2 970
 
-3 104
 
3 308
 
13 832
 
-2 733
 
-2 179
 
-5 431
 
22
Acquisitions less disposals of valuables
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
23
External balance of goods and services
44 446
 
42 474
 
21 214
 
22 260
 
38 593
 
42 275
 
35 371
 
50 418
 
44 504
 
24 886
 
24
Exports of goods and services
268 636
 
270 244
 
248 942
 
251 590
 
287 951
 
278 760
 
290 749
 
312 575
 
292 856
 
280 437
 
25
Exports of goods
146 227
 
140 434
 
131 179
 
133 494
 
153 088
 
150 554
 
162 049
 
165 700
 
145 744
 
140 658
 
26
Exports of services
122 408
 
129 810
 
117 763
 
118 096
 
134 862
 
128 205
 
128 700
 
146 875
 
147 112
 
139 780
 
27
Imports of goods and services
224 190
 
227 771
 
227 728
 
229 330
 
249 358
 
236 485
 
255 379
 
262 157
 
248 352
 
255 551
 
28
Imports of goods
138 931
 
136 531
 
139 025
 
140 137
 
158 283
 
141 171
 
165 301
 
169 749
 
153 866
 
160 742
 
29
Imports of services
85 259
 
91 239
 
88 703
 
89 192
 
91 075
 
95 314
 
90 078
 
92 408
 
94 486
 
94 808
 
30
Residual item
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
31
Gross domestic product
469 436
 
483 846
 
477 646
 
484 424
 
517 228
 
524 340
 
544 390
 
552 965
 
553 197
 
554 927
 
 
IN VOLUME, REFERENCE YEAR 2005, S.A.
 
 
 
 
 
 
 
 
 
 
32
Final consumption expenditure
219 096
 
219 354
 
221 501
 
223 219
 
224 496
 
226 309
 
228 480
 
230 633
 
232 598
 
235 898
 
33
Private final consumption expenditure
152 419
 
152 410
 
153 994
 
155 648
 
156 436
 
158 319
 
160 101
 
162 301
 
164 353
 
167 323
 
34
Households 1
146 944
 
146 843
 
148 391
 
150 133
 
150 674
 
152 593
 
154 392
 
156 734
 
158 373
 
161 783
 
35
Non profit institutions serving households 1
5 496
 
5 525
 
5 566
 
5 568
 
5 614
 
5 612
 
5 632
 
5 644
 
5 646
 
5 671
 
36
Government final consumption expenditure
66 655
 
66 914
 
67 482
 
67 571
 
68 054
 
68 017
 
68 428
 
68 424
 
68 380
 
68 752
 
37
Individual
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
38
Collective
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
39
Gross capital formation 1
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
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
37 900
 
41 963
 
43 339
 
40 789
 
54 008
 
45 002
 
49 998
 
51 474
 
56 379
 
59 302
 
49
General government
7 070
 
7 497
 
7 695
 
7 962
 
8 304
 
7 737
 
7 796
 
7 850
 
7 620
 
8 093
 
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
37 394
 
39 012
 
31 658
 
29 674
 
31 349
 
30 672
 
24 879
 
33 728
 
29 986
 
24 658
 
55
Exports of goods and services
125 155
 
127 505
 
123 894
 
122 996
 
131 475
 
125 266
 
129 592
 
140 973
 
135 387
 
138 763
 
56
Exports of goods
67 876
 
67 006
 
65 892
 
66 089
 
68 131
 
64 125
 
66 491
 
70 774
 
65 746
 
69 811
 
57
Exports of services
56 415
 
59 779
 
57 243
 
56 153
 
62 541
 
60 377
 
62 337
 
69 396
 
68 911
 
68 159
 
58
Imports of goods and services
87 762
 
88 493
 
92 236
 
93 322
 
100 127
 
94 594
 
104 713
 
107 245
 
105 401
 
114 105
 
59
Imports of goods
54 241
 
53 101
 
56 000
 
56 768
 
63 183
 
56 064
 
67 531
 
69 004
 
65 743
 
73 057
 
60
Imports of services
33 721
 
35 652
 
36 476
 
36 793
 
37 151
 
38 806
 
37 369
 
38 436
 
39 894
 
41 263
 
61
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
62
Gross domestic product
303 263
 
310 662
 
301 133
 
301 829
 
318 106
 
312 491
 
309 432
 
323 008
 
326 790
 
323 142
 
..
Not available
Note: Detailed metadata:http://metalinks.oecd.org/qna/20160428/53bc
Disclaimer: http://oe.cd/disclaimer
1.
Series seasonally adjusted by the OECD, method TRAMO/SEATS.

 
Countries Covered:
Iceland
 
Visit the OECD web site