Iceland Official Exchange Rate: Period Average: Local Currency to USD

1987 - 2024 | Yearly | USD/ISK | World Bank

Iceland Official Exchange Rate: Period Average: Local Currency to USD data was reported at 137.926 USD/ISK in 2024. This records a decrease from the previous number of 137.945 USD/ISK for 2023. Iceland Official Exchange Rate: Period Average: Local Currency to USD data is updated yearly, averaging 83.463 USD/ISK from Dec 1987 (Median) to 2024, with 38 observations. The data reached an all-time high of 137.945 USD/ISK in 2023 and a record low of 41.029 USD/ISK in 1987. Iceland Official Exchange Rate: Period Average: Local Currency to USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.GEM: Foreign Exchange Rates: Annual. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).

View Iceland's Iceland Official Exchange Rate: Period Average: Local Currency to USD from 1987 to 2024 in the chart:

Iceland Iceland Official Exchange Rate: Period Average: Local Currency to USD

What was Iceland's Iceland Official Exchange Rate: Period Average: Local Currency to USD in 2024?

Last Previous Min Max Unit Frequency Range
137.926 2024 137.945 2023 41.029 1987 137.945 2023 USD/ISK yearly 1987 - 2024

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Iceland Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 86,450.115 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 110,945.675 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 2.432 2029 yearly 1980 - 2029
GDP Deflator Growth (%) 6.1 Dec 2022 quarterly Mar 1996 - Dec 2022
GDP per Capita (USD) 72,684.247 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 2,127.116 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn) 31,890.966 2023 yearly 1960 - 2023
Gross Savings Rate (%) 23.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Investment: % of GDP (%) 25.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Nominal GDP (USD mn) 7,161.1 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn) 4,012.422 Jun 2024 quarterly Mar 1995 - Jun 2024
Private Consumption: % of GDP (%) 51.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption Expenditure (USD mn) 2,086.570 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption: % of GDP (%) 25.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Real GDP Growth (%) 6.1 Mar 2023 quarterly Mar 1996 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 88.281 Sep 2024 quarterly Mar 1995 - Sep 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 11.7 2018 yearly 2008 - 2018
Minerals Production (Metric Ton) 735,394.000 2022 yearly 2009 - 2022
Construction and Properties Last Frequency Range
House Prices Growth (%) 8.8 Nov 2024 monthly Mar 2001 - Nov 2024
Nominal Residential Property Price Index (2010=100) 346.444 Jun 2024 quarterly Mar 2000 - Jun 2024
Nominal Residential Property Price Index Growth (%) 6.282 Jun 2024 quarterly Mar 2001 - Jun 2024
Real Residential Property Price Index (2010=100) 200.642 Jun 2024 quarterly Mar 2000 - Jun 2024
Real Residential Property Price Index Growth (%) 0.249 Jun 2024 quarterly Mar 2001 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.1 Sep 2024 quarterly Mar 2002 - Sep 2024
Forecast: Government Expenditure (ISK bn) 2,558.091 2029 yearly 1980 - 2029
Forecast: Government Net Debt (ISK bn) 2,671.158 2029 yearly 1982 - 2029
Forecast: Government Revenue (ISK bn) 2,502.666 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 64.2 2023 yearly 1998 - 2023
National Government Debt (USD mn) 20,353.7 2023 yearly 1998 - 2023
Tax Revenue (USD mn) 2,504.213 Jun 2024 quarterly Mar 2002 - Jun 2024
Consolidated Fiscal Balance (USD mn) -600.101 Jun 2024 quarterly Mar 2002 - Jun 2024
Tax Revenue: % of GDP (%) 32.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 232,200.000 Oct 2024 monthly Jan 2003 - Oct 2024
Forecast: Employment (Person mn) 0.224 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 0.430 2029 yearly 1980 - 2029
Forecast: Unemployment Rate (%) 4.000 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 81.5 Oct 2024 monthly Jan 2003 - Oct 2024
Labour Productivity Growth (%) -6.43 Sep 2024 quarterly Mar 2004 - Sep 2024
Monthly Earnings (USD) 6,909 2023 yearly 1998 - 2023
Population (Person mn) 0.4 2023 yearly 1732 - 2023
Unemployment Rate (%) 3.37 Oct 2024 monthly Jan 2003 - Oct 2024

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