NEWS RELEASE NATIONAL ACCOUNTS 11 SEPTEMBER 2015

In real terms, non-seasonally adjusted Gross Domestic Product (GDP) for the first two quarters of 2015 increased by 5.2% compared with the same period of 2014. Total domestic final expenditure increased by 7.3%. Household final consumption increased by 4.4%, government final consumption by 1% and gross fixed capital formation by 21.2%. At the same time balance of trade in goods and services worsened, exports grew by 9% and imports grew by 13.6%.

Non-seasonally adjusted figures indicate a year over year (YOY) increase in GDP by 5.6% for the 2nd quarter of 2015. Total domestic expenditure increased by 5.4%. Household final consumption increased by 4.5%, government final consumption by 0.9% and gross fixed capital formation by 23.4%. At the same time exports grew by 13.8% and imports grew by 14.4%.


Quarterly national accounts, 2nd quarter 2015 - Statistical Series


Statistics (see Quarterly GDP 1997-2015)

Further Information

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

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