NEWS RELEASE NATIONAL ACCOUNTS 09 MARCH 2017

Non-seasonally adjusted figures indicate a year over year increase in real GDP by 11.3% for the 4th quarter of 2016. This is the highest increase ever recorded since the fourth quarter, 2007. Total domestic expenditure increased by 8.4%. Household final consump­tion increased by 7.2%, govern­ment final con­sump­tion by 1.7% and gross fixed capital formation by 18.6%. At the same time ex­ports grew by 14% and imports by 8.8%.

Seasonally adjusted GDP in the 4th quarter of 2016 increased by 2.6% from the previous quarter.


Quarterly national accounts, 4th quarter 2016 - Statistical Series

Statistics (see Quarterly GDP 1997-2016)

Further Information

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

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