Country statistical profiles: Key tables from OECD - ISSN 2075-2288 - © OECD 2020
| | Country statistical profile: Iceland 2020 | |||||||||
| | ||||||||||
| | | Unit | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| | Production and income | |||||||||
| | GDP per capita | USD current PPPs | 40 769 | 41 928 | 44 153 | 45 713 | 48 857 | 53 032 | 55 573 | 58 070 |
| | Gross national income (GNI) per capita | USD current PPPs | .. | .. | .. | .. | .. | .. | .. | .. |
| | Household disposable income | Annual growth % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Economic growth | |||||||||
| | Real GDP growth | Annual growth % | 1.9 | 1.3 | 4.1 | 2.1 | 4.7 | 6.6 | 4.4 | 4.8 |
| | Net saving rate in household disposable income | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Gross fixed capital formation | Annual growth % | 11.5 | 5.2 | 2.2 | 15.9 | 21.3 | 17.8 | 11.6 | 2.1 |
| | Economic structure: share of real value added | |||||||||
| | Agriculture, forestry, fishing | % | 7.4 | 7.4 | 6.6 | 6.0 | 6.0 | 5.2 | .. | .. |
| | Industry including energy | % | 20.3 | 18.8 | 18.6 | 17.4 | 17.0 | 15.5 | .. | .. |
| | Construction | % | 4.1 | 4.4 | 4.6 | 5.2 | 5.3 | 6.8 | .. | .. |
| | Trade, repairs, transport, accomm., food services | % | 16.6 | 16.0 | 16.8 | 17.3 | 18.9 | 20.7 | .. | .. |
| | Information, communication | % | 4.3 | 4.1 | 4.8 | 4.6 | 4.8 | 4.9 | .. | .. |
| | Finance and insurance | % | 7.3 | 9.0 | 7.6 | 7.8 | 6.3 | 5.5 | .. | .. |
| | Real estate | % | 11.0 | 11.0 | 11.5 | 11.5 | 10.8 | 10.5 | .. | .. |
| | Professional, scientific, support services | % | 6.9 | 6.9 | 7.1 | 7.8 | 8.5 | 8.9 | .. | .. |
| | Public admin., defence, education, health, social work | % | 19.3 | 19.5 | 19.5 | 19.7 | 19.6 | 19.2 | .. | .. |
| | Other services (ISIC Rev.4 R - U) | % | 2.9 | 2.8 | 2.9 | 2.8 | 2.8 | 2.7 | .. | .. |
| | Government deficits and debt | |||||||||
| | Government deficit | % of GDP | -5.4 | -3.6 | -1.8 | -0.1 | -0.8 | 12.4 | 0.5 | 0.8 |
| | General government debt | % of GDP | 118.1 | 115.9 | 107.6 | .. | .. | .. | .. | .. |
| | General government revenues | % of GDP | 38.8 | 40.2 | 40.6 | 43.7 | 40.6 | 56.9 | 43.5 | 42.9 |
| | General government expenditures | % of GDP | .. | 43.8 | 42.4 | 43.8 | 41.4 | 44.5 | 43.3 | .. |
| | Expenditure | |||||||||
| | Government/compulsory expenditure on health | % of GDP | 6.6 | 6.6 | 6.7 | 6.6 | 6.7 | 6.8 | ||
| | Voluntary expenditure on health | % of GDP | 1.6 | 1.6 | 1.6 | 1.6 | 1.5 | 1.5 | ||
| | Public social expenditure | % of GDP | 17.0 | 16.7 | 16.2 | 16.3 | 15.5 | 15.1 | 15.9 | 16.0 |
| | Private social expenditure | % of GDP | 5.8 | 6.0 | 6.2 | 6.5 | 6.5 | .. | .. | .. |
| | Public pension expenditure | % of GDP | 2.0 | 2.0 | 2.0 | 2.1 | 2.1 | .. | .. | .. |
| | Private pension expenditure | % of GDP | 6.0 | 5.4 | 5.2 | .. | .. | .. | .. | .. |
| | Net official development assistance (Aid) | % of GNI | 0.20 | 0.20 | 0.23 | 0.22 | 0.24 | 0.28 | 0.28 | .. |
| | Taxes | |||||||||
| | Total tax revenue | % of GDP | 33.3 | 34.0 | 34.5 | 37.3 | 35.4 | 50.8 | 37.5 | 36.7 |
| | Tax on personal income | % of GDP | 12.5 | 12.7 | 13.2 | 13.0 | 13.0 | 13.5 | 14.3 | 14.5 |
| | Tax on corporate profits | % of GDP | 1.7 | 1.8 | 2.1 | 3.2 | 2.3 | 2.5 | 3.1 | 2.5 |
| | Taxes on goods and services | % of GDP | 11.5 | 11.9 | 11.6 | 11.6 | 11.5 | 11.9 | 12.6 | 12.0 |
| | Taxes on the average worker | % of labour cost | 34.1 | 33.8 | 34.1 | 33.9 | 34.3 | 33.9 | 33.1 | 33.2 |
| | Trade | |||||||||
| | Imports of goods and services | % of GDP | 47.1 | 49.3 | 45.8 | 45.5 | 44.7 | 41.4 | 42.0 | 44.1 |
| | Exports of goods and services | % of GDP | 54.8 | 55.0 | 53.5 | 51.5 | 51.8 | 47.6 | 46.1 | 47.2 |
| | Goods trade balance: exports minus imports of goods | Bln USD | 0.3 | 0.1 | 0.1 | -0.1 | -0.3 | -0.8 | -1.5 | -1.5 |
| | Imports of goods | Bln USD | 4.5 | 4.5 | 4.5 | 5.0 | 4.9 | 5.3 | 6.5 | 7.2 |
| | Exports of goods | Bln USD | 4.8 | 4.6 | 4.6 | 4.9 | 4.7 | 4.5 | 5.0 | 5.7 |
| | Service trade balance: exports minus imports of services | Bln USD | 0.9 | 0.8 | 1.2 | 1.2 | 1.5 | 2.1 | 2.6 | 2.3 |
| | Imports of services | Bln USD | 2.6 | 2.7 | 2.8 | 3.1 | 2.8 | 3.2 | 3.8 | 4.3 |
| | Exports of services | Bln USD | 3.4 | 3.5 | 4.0 | 4.3 | 4.4 | 5.3 | 6.3 | 6.6 |
| | Current account balance of payments | % of GDP | -5.1 | -3.9 | 5.7 | 3.8 | 5.1 | 7.5 | 3.8 | 2.8 |
| | Foreign direct investment (FDI) | |||||||||
| | Outward FDI stocks | Mln USD | 11 521 | 12 305 | 9 503 | 8 415 | 7 637 | 6 058 | 5 269 | 5 263 |
| | Inward FDI stocks | Mln USD | 12 656 | 10 367 | 7 367 | 7 889 | 7 851 | 9 841 | 10 130 | 9 138 |
| | Inflows of foreign direct investment | Mln USD | 1 107 | 1 025 | 397 | 447 | 709 | -427 | -41 | -316 |
| | Outflows of foreign direct investment | Mln USD | 18 | -3 205 | 460 | -257 | -31 | -1 147 | -208 | 148 |
| | Prices and interest rates | |||||||||
| | Inflation rate: all items | Annual growth % | 4.0 | 5.2 | 3.9 | 2.0 | 1.6 | 1.7 | 1.8 | 2.7 |
| | Inflation rate: all items non food non energy | Annual growth % | 2.6 | 4.6 | 4.1 | 2.7 | 2.1 | 2.2 | 2.4 | 2.5 |
| | Inflation rate: food | Annual growth % | 3.8 | 6.1 | 5.1 | 0.5 | 2.8 | 1.3 | -2.4 | 2.5 |
| | Inflation rate: energy | Annual growth % | 17.1 | 8.7 | 0.1 | -1.3 | -5.5 | -2.9 | 2.5 | 5.2 |
| | Producer Price Indices (PPI): manufacturing | Annual growth % | 9.2 | 1.0 | -4.4 | -0.7 | 5.1 | -8.1 | -4.6 | 6.8 |
| | Long-term interest rates | % | 5.98 | 6.19 | 5.79 | 6.37 | 6.26 | 5.60 | 4.86 | 5.33 |
| | Purchasing power and exchange rates | |||||||||
| | Purchasing power parities | ISK per USD | 135.15 | 136.97 | 137.02 | 138.55 | 141.94 | 141.89 | 137.73 | 138.33 |
| | Exchange rates | ISK per USD | 115.95 | 125.08 | 122.18 | 116.77 | 131.92 | 120.81 | 106.84 | 108.30 |
| | Indices of price levels | OECD=100 | 111 | 108 | 114 | 122 | 122 | 133 | 148 | 144 |
| | Energy supply and prices | |||||||||
| | Total primary energy supply (TPES) | Mtoe | 5.8 | 5.7 | 5.9 | 5.9 | 5.6 | 5.3 | 5.5 | 5.7 |
| | TPES per unit of GDP at 2000 prices and PPPs | Toe per '000 USD | 0.45 | 0.44 | 0.44 | 0.43 | 0.39 | 0.34 | 0.34 | 0.34 |
| | Renewable energy | Ktoe | 5 199.1 | 5 070.7 | 5 274.3 | 5 225.0 | 4 931.4 | 4 610.0 | 5 109.1 | .. |
| | Crude oil import prices | USD per barrel | .. | .. | .. | .. | .. | .. | .. | .. |
| | Information and Communications Technology (ICT) | |||||||||
| | Households with access to computers | % | 94.7 | 95.5 | 96.7 | .. | .. | .. | 97.3 | .. |
| | Households with access to internet | % | 92.6 | 94.6 | 96.4 | 96.5 | .. | .. | 97.9 | 99.2 |
| | Environment | |||||||||
| | Water abstactions | Mln m3 | .. | .. | .. | .. | ||||
| | National fish landings in domestic ports | '000 tonnes | .. | 1 313 | 1 341 | 1 069 | 1 303 | 1 060 | 1 145 | .. |
| | National fish landings in foreign ports | '000 tonnes | .. | 23 | 16 | 9 | 10 | 19 | 13 | .. |
| | Aquaculture | '000 tonnes | 5 | 7 | 7 | 8 | 8 | .. | ||
| | Municipal waste total | '000 tonnes | 158 | 164 | 167 | 175 | 195 | 220 | .. | .. |
| | Municipal waste total per capita | Kg | 488 | 504 | 510 | 533 | 589 | 662 | .. | .. |
| | CO2emissions from fuel combustion | Mln tonnes | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| | Education | |||||||||
| | Tertiary attainment in population aged 25-64 | % | 34 | 35 | 36 | 37 | 39 | 40 | 42 | 44 |
| | Expenditure per student: primary, 2010 prices | USD constant PPPs | .. | 9 906 | 10 412 | 11 146 | 11 215 | .. | .. | .. |
| | Expenditure per student: secondary, 2010 prices | USD constant PPPs | .. | 8 618 | 9 139 | 10 063 | 11 149 | .. | .. | .. |
| | Expenditure per student: tertiary, 2010 prices | USD constant PPPs | 8 511 | 10 898 | 11 200 | 11 418 | 12 671 | .. | .. | .. |
| | Youths 15-19 not in education nor employment | % | 6.8 | 7.1 | 6.0 | 5.5 | 3.5 | 3.1 | .. | 3.9 |
| | Youths 20-24 not in education nor employment | % | 11.0 | 10.0 | 8.7 | 9.4 | 6.6 | 6.0 | .. | 6.5 |
| | Employment | |||||||||
| | Employment rate in population aged 15-24 | % | 62.5 | 65.4 | 69.7 | 70.5 | 73.1 | 77.6 | 75.8 | 75.4 |
| | Employment rate in population aged 25-54 | % | 83.4 | 84.5 | 84.7 | 86.4 | 88.4 | 89.9 | 89.8 | 89.1 |
| | Employment rate in population aged 55-64 | % | 79.2 | 79.1 | 81.2 | 84.8 | 84.7 | 84.6 | 83.9 | 80.7 |
| | Incidence of part-time employment | % | 17.0 | 17.3 | 17.4 | 16.7 | 17.2 | 17.9 | 17.8 | 17.0 |
| | Self-employment rate: total employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Self-employment rate: male employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Self-employment rate: female employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Unemployment | |||||||||
| | Unemployment rate: total labour force | % | 7.0 | 6.0 | 5.4 | 4.9 | 4.0 | 3.0 | 2.7 | 2.7 |
| | Unemployment rate: male labour force | % | 7.8 | 6.3 | 5.6 | 5.0 | 3.9 | 2.9 | 2.8 | 2.8 |
| | Unemployment rate: female labour force | % | 6.2 | 5.6 | 5.1 | 4.8 | 4.0 | 3.1 | 2.7 | 2.5 |
| | Long-term unemployment: total unemployed | % | 27.8 | 27.9 | 21.9 | 13.6 | 16.1 | 8.8 | 9.2 | 10.9 |
| | Labour compensation and hours worked | |||||||||
| | Labour compensation per unit labour input, total economy | Annual growth % | 7.8 | 5.6 | 5.8 | 4.4 | 7.9 | 7.9 | 6.9 | .. |
| | Average time worked per person in employment | Hours per year | 1 524 | 1 510 | 1 510 | 1 503 | 1 504 | 1 494 | 1 483 | 1 469 |
| | Research and Development (R&D) | |||||||||
| | Gross domestic expenditure on R&D | Mln USD | 310 | .. | 230 | 269 | 318 | 328 | 339 | .. |
| | Researchers: full-time equivalent | Per '000 employed | 13.5 | .. | 10.6 | .. | 10.6 | 11.6 | 10.3 | .. |
| | Population | |||||||||
| | Total population | '000 persons | 319 | 321 | 324 | 327 | .. | .. | .. | .. |
| | Population growth rates | % | 0.3 | 0.5 | 1.0 | 1.1 | .. | .. | .. | .. |
| | Total fertitity rates | Children | 2.0 | 2.0 | 1.9 | 1.9 | 1.8 | 1.8 | 1.7 | .. |
| | Youth population aged less than 15 | % of population | 20.8 | 20.7 | 20.6 | 20.4 | .. | .. | .. | .. |
| | Elderly population aged 65 and over | % of population | 12.5 | 12.8 | 13.1 | 13.4 | .. | .. | .. | .. |
| | International migration | |||||||||
| | Foreign-born population | % of population | 10.8 | 10.7 | 10.9 | 11.4 | 11.9 | 12.6 | 13.9 | 16.2 |
| | Foreign population | % of population | 6.6 | 6.7 | 7.0 | .. | .. | .. | .. | .. |
| | Unemployment rate in population of native-born men | % of labour force | 7.6 | 6.1 | 5.4 | 5.0 | 3.7 | 2.9 | 2.9 | 2.7 |
| | Unemployment rate in population of foreign-born men | % of labour force | 11.8 | 9.1 | 9.1 | 7.3 | 7.8 | 4.5 | .. | 5.2 |
| | Unemployment rate in population of native-born women | % of labour force | 5.8 | 5.2 | 4.9 | 4.5 | 4.0 | 3.1 | 2.8 | 2.3 |
| | Unemployment rate in population of foreign-born women | % of labour force | 10.5 | 9.9 | 8.1 | 7.9 | 6.1 | .. | .. | 5.1 |
| | Health | |||||||||
| | Life expectancy at birth | Years | 82.4 | 83.0 | 82.1 | 82.9 | 82.5 | 82.3 | 82.7 | .. |
| | Life expectancy at birth: men | Years | 80.7 | 81.6 | 80.5 | 81.3 | 81.2 | 80.4 | 81.1 | .. |
| | Life expectancy at birth: women | Years | 84.1 | 84.3 | 83.7 | 84.5 | 83.8 | 84.1 | 84.3 | .. |
| | Infant mortality | Per '000 | 0.9 | 1.1 | 1.8 | 2.1 | 2.2 | 0.7 | 2.7 | .. |
| | Overweight or obese, % of population aged 15 and over | Measured | .. | .. | .. | .. | .. | .. | .. | .. |
| | Suicide Rates | Per 100 000 persons | 8.7 | 11.6 | 16.0 | 13.8 | 12.3 | 12.1 | 9.7 | .. |
| | Transport | |||||||||
| | Goods transport | Mln tonne-km | 1 052 | 1 151 | .. | |||||
| | Passenger transport | Mln passenger-km | 7 301 | 7 984 | .. | |||||
| | Road Fatalities | Per mln inhabitants | 38 | 28 | 46 | 12 | 48 | 54 | 47 | .. |
| Last updated: 28 January 2020; disclaimer: http://oe.cd/disclaimer | ||||||||||
Not available | ||||||||||
Break in series | ||||||||||
Estimated value | ||||||||||
| Source: OECD Data (data.oecd.org). | ||||||||||