NEWS RELEASE NATIONAL ACCOUNTS 16 MARCH 2020

Household sectors’ gross savings amounted to 2.8% of disposable income in 2018, a 3.9% decrease from 2017. Household sectors’ gross fixed capital formation amounted to 8.7% of disposable income in 2018, a 1.3% increase from 2017.

Non-financial corporations sectors’ gross fixed capital formation amounted to 13.3% of GDP in 2018, a 1.9% decrease from 2017. Non-financial corporations sectors’ gross profit share amounted to 34.0% in 2018, a 2.1% decrease from 2017.

Previously published figures have been revised. Non-financial sector accounts utilizes figures and indicators found in the expenditure approach, production approach and government finance statistics. Thus, all revisions in the aforementioned approaches are incorporated into the compilation process for non-financial sector accounts.

The figures published do not present a new assessment of the overall GDP or other major components of National Accounts for Iceland. Instead, the focus is on estimating totals between different sectors, as well as providing detailed figures of major transfers and flows between sectors.

Further information on the methodology of the non-financial sector accounts are in a Statistical Series from 2014.

Statistics

Further Information

For further information please contact 528 1100 , email thjodhagsreikningar@hagstofa.is

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