Economic forecast
GDP Growth
Educational expenditure
Consumer price index
Central government
Public health expenditure
Exports of goods and services

RSS Economic forecast

  • Publication of economic forecast postponed 24/03/2023
    The publication of economic forecast spring, which was scheduled today Friday March 24 2023, has been postponed until next week.
  • Economic forecast 11/11/2022
    A new issue of Statistical Series presenting an economic forecast for the economy of Iceland is now available. The forecast covers the years 2022 to 2028.
  • Economic forecast 27/06/2022
    A new issue of Statistical Series, presenting an economic forecast for 2022–2027, is now available. The economy is expected to grow by 5.1% this year and 2.9% in 2023. GDP grew by 8.6% in the first quarter. Domestic demand has been strong so far this year, but uncertainty surrounding the domestic and foreign inflation outlook […]
  • Economic forecast 29/03/2022
    GDP grew by 4.3% in 2021, mainly driven by growth in private consumption and investment. Uncertainty due to the pandemic has diminished, but this is offset by increased uncertainty over Russia's invasion of Ukraine and the consequences of the war for the world economy. The economy is expected to grow by 4.6% this year and […]
  • Economic forecast 30/11/2021
    A new issue of Statistical Series, presenting an economic forecast for 2021–2027, is now available. GDP contracted by 6.5% last year. Private consumption declined by 3% and investment by 8.7%, while public consumption grew by 4.5%. The economy is projected to grow by 3.9% this year.

RSS Health

  • 7.7% experienced depressive symptoms in 2019 15/03/2022
    A total of 7.7% of the Icelandic population, aged 15 years and over, experienced symptoms of depression in 2019. This proportion was slightly higher in Iceland compared with the EU average of 7.0% according to figures from Eurostat. Among European countries, the proportion was highest in France, 10.8%, and lowest in Serbia, 2.3%.
  • Alcohol consumption per capita increased 9.1% between 2010 and 2020 02/12/2021
    In 2020, the consumption of alcoholic beverages in Iceland was 2,207 thousand liters of pure alcohol compared with 1,708 thousand liters in 2010. Pure alcohol consumption per capita was 7.41 liters in 2020 compared with 6.79 liters in 2010, peaking in 2017 at 7.75 liters. Figures have been updated along with figures for smoking habits.
  • The number of hospital beds increased in 2020 26/11/2021
    In 2020, the number of hospital beds was 1,039 compared with 1,009 in 2019. The number of hospital beds per 100,000 inhabitants was 283.5 in 2020 but 279.8 the year before. Small changes were noted in the numbers of rehabilitative, long-term and psychiatric care beds. Figures have been updated.
  • Hospital beds 2019 07/04/2020
    Figures have been updated
  • One in four is limited by health 05/12/2019
    In 2018 about one third of the Icelandic population had a long standing illness. Over the past ten years the proportion of individuals limited in their daily life because of health issues has increased. In 2008, the proportion was 16.1% but had risen to 26.0% ten years later.

RSS National Accounts

  • Purchasing power reduced by 1.7% in 2022 16/03/2023
    Household gross disposable income is estimated to have increased by 9.2% from 2021 to 2022. Disposable income per capita amounted to 4.9 million ISK in 2022 and is estimated to have increased by 6.5% from the previous year. The purchasing power of household disposable income per capita decreased by 1.7% during the same period.
  • Production approach: GDP by industries 08/03/2023
    Following the publication of national accounts on the basis of the expenditure approach, figures based on the production approach are published. Figures based on the production approach show, among other things, the share of individual industries in GDP. Figures for 2021 are considered preliminary and figures for 2022 are first estimates. In parallel with the […]
  • Publication of national accounts - production approach 2022 postponed 02/03/2023
    Publication of a statistics on national accounts - production approach 2022, which was scheduled on 6 March 2023, has been postponed until 8 March.
  • Strong economic growth in 2022 28/02/2023
    National accounts result for 2022 indicate gross domestic production (GDP) to have increased by 6.4% in volume with nominal level estimated at 3,766 billion ISK. Considering population growth, GDP per capita is estimated to have increased by 3,7% in volume between 2021 and 2022.
  • The share of tourism in GDP estimated at 6.1% in 2022 28/02/2023
    Preliminary figures of the Tourism Satellite Accounts (TSAs) indicate that tourism, as a proportion of GDP, amounted to 6.1% in 2022, compared with 3.9% in 2021. The share of tourism in GDP is thus on a par with its 2015 level of 6.4%.