Statistics Iceland releases now a new issue of Statistical Series. This issue presents the Gross Domestic Product (GDP) in 1st quarter of 2008. In real terms the GDP grew by 1.1% from the same quarter of the previous year. Total domestic expenditure increased by 1.2% in real terms in the 1st quarter of 2008 as compared with the same quarter of 2007. Exports rose by 0.2% and imports by 0.4% during this period. Seasonally adjusted series showed a 3.7% downturn in GDP from the 4th quarter of the previous year but a 1.2% growth from the same quarter of the previous year.

Quarterly national accounts, 1st quarter 2008 - Statistical Series

Statistics (see Quarterly GDP 1997-2008)