Iceland Gross Domestic Product: Share of GDP
Iceland IS: GDP: % of GDP: Exports of Goods and Services
IS: GDP: % of GDP: Exports of Goods and Services data was reported at 46.964 % in 2017. This records a decrease from the previous number of 48.378 % for 2016. IS: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 35.700 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 56.681 % in 2012 and a record low of 28.055 % in 1967. IS: GDP: % of GDP: Exports of Goods and Services 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: Gross Domestic Product: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 48.38 2016 | yearly | 1960 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Exports of Goods and Services from 1960 to 2016 in the chart:
Iceland IS: GDP: % of GDP: External Balance on Goods and Services
IS: GDP: % of GDP: External Balance on Goods and Services data was reported at 4.115 % in 2017. This records a decrease from the previous number of 6.336 % for 2016. IS: GDP: % of GDP: External Balance on Goods and Services data is updated yearly, averaging -0.005 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 10.154 % in 2010 and a record low of -17.160 % in 2006. IS: GDP: % of GDP: External Balance on Goods and Services 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.WDI: Gross Domestic Product: Share of GDP. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 6.34 2016 | yearly | 1960 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: External Balance on Goods and Services from 1960 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Final Consumption Expenditure
IS: GDP: % of GDP: Final Consumption Expenditure data was reported at 71.190 % in 2016. This records a decrease from the previous number of 72.707 % for 2015. IS: GDP: % of GDP: Final Consumption Expenditure data is updated yearly, averaging 76.220 % from Dec 1965 (Median) to 2016, with 52 observations. The data reached an all-time high of 82.543 % in 2005 and a record low of 67.052 % in 1973. IS: GDP: % of GDP: Final Consumption Expenditure 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: Gross Domestic Product: Share of GDP. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 71.19 2016 | yearly | 1965 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Final Consumption Expenditure from 1965 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Final Consumption Expenditure: General Government
IS: GDP: % of GDP: Final Consumption Expenditure: General Government data was reported at 23.298 % in 2017. This records an increase from the previous number of 22.799 % for 2016. IS: GDP: % of GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 19.988 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 24.757 % in 2003 and a record low of 10.772 % in 1960. IS: GDP: % of GDP: Final Consumption Expenditure: General Government 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.WDI: Gross Domestic Product: Share of GDP. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 22.80 2016 | yearly | 1960 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Final Consumption Expenditure: General Government from 1960 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Final Consumption Expenditure: Household
IS: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 48.394 % in 2016. This records a decrease from the previous number of 49.323 % for 2015. IS: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 57.069 % from Dec 1965 (Median) to 2016, with 52 observations. The data reached an all-time high of 61.884 % in 1967 and a record low of 48.394 % in 2016. IS: GDP: % of GDP: Final Consumption Expenditure: Household 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.WDI: Gross Domestic Product: Share of GDP. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 48.39 2016 | yearly | 1965 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Final Consumption Expenditure: Household from 1965 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Capital Formation
IS: GDP: % of GDP: Gross Capital Formation data was reported at 22.168 % in 2017. This records an increase from the previous number of 21.474 % for 2016. IS: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 23.172 % from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 36.347 % in 1974 and a record low of 13.781 % in 2010. IS: GDP: % of GDP: Gross Capital Formation 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.WDI: Gross Domestic Product: Share of GDP. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 21.47 2016 | yearly | 1965 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Capital Formation from 1965 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Domestic Savings
IS: GDP: % of GDP: Gross Domestic Savings data was reported at 26.283 % in 2017. This records a decrease from the previous number of 27.810 % for 2016. IS: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 22.720 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 30.359 % in 1973 and a record low of 17.457 % in 2005. IS: GDP: % of GDP: Gross Domestic Savings 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: Gross Domestic Product: Share of GDP. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 28.81 2016 | yearly | 1965 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Domestic Savings from 1965 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Fixed Capital Formation
IS: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 22.139 % in 2017. This records an increase from the previous number of 21.355 % for 2016. IS: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 24.349 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 35.672 % in 2006 and a record low of 13.936 % in 2010. IS: GDP: % of GDP: Gross Fixed Capital Formation 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: Gross Domestic Product: Share of GDP. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 21.35 2016 | yearly | 1960 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Fixed Capital Formation from 1960 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross National Expenditure
IS: GDP: % of GDP: Gross National Expenditure data was reported at 95.885 % in 2017. This records an increase from the previous number of 93.664 % for 2016. IS: GDP: % of GDP: Gross National Expenditure data is updated yearly, averaging 99.980 % from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 117.160 % in 2006 and a record low of 89.846 % in 2010. IS: GDP: % of GDP: Gross National Expenditure 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.WDI: Gross Domestic Product: Share of GDP. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 92.66 2016 | yearly | 1965 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross National Expenditure from 1965 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Savings
IS: GDP: % of GDP: Gross Savings data was reported at 25.816 % in 2017. This records an increase from the previous number of 24.950 % for 2016. IS: GDP: % of GDP: Gross Savings data is updated yearly, averaging 19.890 % from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 30.524 % in 1977 and a record low of 3.137 % in 2008. IS: GDP: % of GDP: Gross Savings 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.WDI: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 29.17 2016 | yearly | 1976 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Savings from 1976 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Value Added: Agriculture
IS: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 5.114 % in 2016. This records a decrease from the previous number of 5.449 % for 2015. IS: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 6.166 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 8.287 % in 1997 and a record low of 4.309 % in 2007. IS: GDP: % of GDP: Gross Value Added: Agriculture 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: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 5.90 2016 | yearly | 1997 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Value Added: Agriculture from 1997 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Value Added: Industry
IS: GDP: % of GDP: Gross Value Added: Industry data was reported at 19.658 % in 2016. This records an increase from the previous number of 19.515 % for 2015. IS: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 21.582 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 24.852 % in 1997 and a record low of 19.515 % in 2015. IS: GDP: % of GDP: Gross Value Added: Industry 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: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 22.53 2016 | yearly | 1997 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Value Added: Industry from 1997 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing
IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 9.291 % in 2016. This records a decrease from the previous number of 9.955 % for 2015. IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 11.207 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 13.584 % in 1997 and a record low of 7.851 % in 2007. IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 10.64 2016 | yearly | 1997 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing from 1997 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Gross Value Added: Services
IS: GDP: % of GDP: Gross Value Added: Services data was reported at 71.568 % in 2016. This records an increase from the previous number of 71.100 % for 2015. IS: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 67.975 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 71.568 % in 2016 and a record low of 60.806 % in 1997. IS: GDP: % of GDP: Gross Value Added: Services 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: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 71.57 2016 | yearly | 1997 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Gross Value Added: Services from 1997 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Imports of Goods and Services
IS: GDP: % of GDP: Imports of Goods and Services data was reported at 42.849 % in 2017. This records an increase from the previous number of 42.042 % for 2016. IS: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 38.026 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 50.739 % in 2012 and a record low of 29.609 % in 1993. IS: GDP: % of GDP: Imports of Goods and Services 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: Gross Domestic Product: Share of GDP. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 42.04 2016 | yearly | 1960 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Imports of Goods and Services from 1960 to 2016 in the chart:
Iceland IS: GDP: % of GDP: Trade
IS: GDP: % of GDP: Trade data was reported at 89.813 % in 2017. This records a decrease from the previous number of 90.419 % for 2016. IS: GDP: % of GDP: Trade data is updated yearly, averaging 72.818 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 107.420 % in 2012 and a record low of 60.676 % in 1992. IS: GDP: % of GDP: Trade 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: Gross Domestic Product: Share of GDP. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 90.42 2016 | yearly | 1960 - 2016 |
View Iceland's Iceland IS: GDP: % of GDP: Trade from 1960 to 2016 in the chart:
Iceland IS: GDP: % of GNI: Gross Savings
IS: GDP: % of GNI: Gross Savings data was reported at 25.756 % in 2017. This records an increase from the previous number of 25.551 % for 2016. IS: GDP: % of GNI: Gross Savings data is updated yearly, averaging 20.004 % from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 30.127 % in 1977 and a record low of 3.936 % in 2008. IS: GDP: % of GNI: Gross Savings 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: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 28.93 2016 | yearly | 1976 - 2016 |
View Iceland's Iceland IS: GDP: % of GNI: Gross Savings from 1976 to 2016 in the chart:
Iceland IS: GDP: % of Manufacturing: Medium and High Tech Industry
IS: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 16.566 % in 2015. This stayed constant from the previous number of 16.566 % for 2014. IS: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 16.566 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 20.677 % in 2004 and a record low of 4.956 % in 1994. IS: GDP: % of Manufacturing: Medium and High Tech Industry 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: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;
| Last | Frequency | Range |
|---|---|---|
| 16.57 2015 | yearly | 1990 - 2015 |