• Statistical Series
• 14. November 2014
• Vol 99, Issue 38
• ISSN: 1670-4665



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Iceland‘s economy is predicted to grow by 2.7% during 2014, 3.3% in 2015 and 2.5-2.9% per annum for the remainder of the forecast period to end 2018. Disposable income has been increasing due to wage growth and strengthening of the labour market. Private consumption growth has gathered steam in 2014 is expected to be 3.9% for the year and during 2015 private consumption growth is predicted to be 4%.