NEWS RELEASE NATIONAL ACCOUNTS 08 SEPTEMBER 2017

Non-seasonally adjusted figures indicate a year over year increase in real GDP by 3.4% for the 2nd quarter of 2017. Total domestic expenditure increased by 6.7%. Household final consumption increased by 9.5%, government final consumption by 2.8% and gross fixed capital formation by 5.8%. At the same time exports grew by 8.0% and imports by 16.2%.

Seasonally adjusted GDP in the 2nd quarter of 2017 decreased by 1.1% from the previous quarter.

In real terms, non-seasonally adjusted Gross Domestic Product (GDP) for the first two quarters of 2017 increased by 4.3% compared with the same period of 2016. Total domestic final expenditure increased by 5.2%. Household final consumption increased by 8.3%, government final consumption by 2.2% and gross fixed capital formation by 5.2%. At the same exports grew by 6.4% and imports grew by 10%.


Quarterly national accounts, the 2nd quarter 2017 - Statistical Series


Statistics (see Quarterly GDP 1997-2017)

Further Information

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

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