News and announcements

29 Feb
29 Feb 2024

GDP increased by 4.1% in 2023

Results for the year 2023 indicate that gross domestic production (GDP) increased by 4.1% in volume with nominal level estimated at 4,279 billion ISK. In the fourth quarter, the growth of the economy slowed down, but the increase in GDP was 0.6% compared with the same quarter of the previous year.

29 Feb
29 Feb 2024

13% decrease in overnight stays in January from last year

In January 2024, there were 390,000 registered overnight stays in Iceland, which is a 13% decrease from January 2023 (450,000). Overnight stays in hotels were 282,600, which is a 10% decrease from January 2023.

29 Feb
29 Feb 2024

Trade deficit of 20 billion ISK in January

The value of exported goods amounted to 79.2 billion ISK fob in January 2024 (88.2 billion ISK according to preliminary figures) and the value of imported goods was 99.2 billion ISK cif (99.0 billion) after revision of preliminary figures. The trade deficit in January was therefore 20.0 billion ISK (10.8 billion ISK). The deviation from the preliminary figures in exports is mostly due to export reports that belonged to the year 2023. Figures have been updated.

Key figures

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Consumer price index in and inflation index in Fetching consumer price index and inflation index...

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Wage index in Fetching wage index...

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Building cost index (reference month, December 2021=100) in Fetching building cost index...

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Producer price index in Fetching producer price index...

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Population 1 January Fetching population...

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Economic growth Fetching economic growth...

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Unemployment in Fetching unemployment...

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Inflation in , 12 month change CPI Fetching inflation, 12 month change CPI...

Graphs

Release calendar

  • 01 March 2024 Producton in agriculture in January 2024
  • 05 March 2024 Operational cost per student in primary schools in March 2024
  • 05 March 2024 Accrued-to-date pension entitlements in social insurance 2021
  • 06 March 2024 Register based employment in January 2024
  • 06 March 2024 Taxable payments in January 2024
  • 07 March 2024 Trade in goods in February 2024 - Preliminary figures
  • 08 March 2024 Total wage index - 4th quarter 2023
  • 12 March 2024 Short term indicators in March 2024
  • 14 March 2024 General government finances 2023 - Provisional estimates