Table of Contents

    The Economy of Iceland

    📊Economic Indicators

    Major Indicators

    Iceland
    Global Median

    Latest Indicator Releases

    Oct 27, 2023LatestPrevious
    Money Supply2.78k2.67k
    Mortgage Credit1.79k1.77k
    Consumer Credit264.52262.23
    Private Sector Credit3.76k3.78k
    Business Credit1.71k1.75k
    Household Credit2.05k2.03k
    Oct 20, 2023LatestPrevious
    Inflation8.4608.260
    Consumer Price Index (CPI)124.32124.38
    Oct 16, 2023LatestPrevious
    Foreign Exchange Reserves762.98776.29
    Oct 11, 2023LatestPrevious
    Stock Market Index173.73182.09

    🔁Trade

    Source: United Nations

    Trade Balance

    Imports
    Exports
    20122013201420152016201720182019202020210.0002.5b5.0b7.5b10.0b

    Major Trade Partners

    Country
    Trade Value
    % of Trade
    Import Value
    Export Value
    Balance
    		Region
    Netherlands$2.40b30.6$526.29m$1.87b$1.35bEurope
    Germany$1.38b17.61$669.45m$710.78m$41.33mEurope
    United States$1.26b16.12$645.26m$618.62m-$26.64mNorth America
    United Kingdom$1.02b13.01$444.69m$574.87m$130.18mEurope
    Norway$972.30m12.4$760.94m$211.36m-$549.58mEurope
    China$846.73m10.8$694.91m$151.82m-$543.10mAsia
    Denmark$734.34m9.37$596.23m$138.11m-$458.11mEurope
    Poland$633.51m8.08$186.19m$447.32m$261.13mEurope
    Brazil$398.27m5.08$385.41m$12.86m-$372.55mSouth America
    Sweden$377.92m4.82$338.39m$39.53m-$298.86mEurope

    🗞News

    Iceland's Economy
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