Economy of Iceland
Imports commoditiesmachinery and equipment, petroleum products, foodstuffs, textiles
Import partnersNorway 16.6%, US 10.2%, Germany 9.2%, China 7.2%, Brazil 6.7%, Netherlands 6%, Denmark 5.7%, UK 4.6% (2012)
ExportsExports commoditiesfish and fish products 40%, aluminum, animal products, ferrosilicon, diatomite
Export partnersNetherlands 30%, Germany 12.9%, UK 9.8%, Norway 5.1%, US 4.5%, France 4.4% (2012)
Economy sectorsAgriculture productspotatoes, green vegetables; mutton, chicken, pork, beef, dairy products; fish
Industrial productsfish processing; aluminum smelting, ferrosilicon production; geothermal power, hydropower, tourism
EconomyUnemployment Rate (not seasonally adjusted)4.20 % (2013-11)5.00 % (2013-10)5.20 % (2013-09)4.40 % (2013-08)3.60 % (2013-07)6.40 % (2013-06)

Unemployment Rate (seasonally adjusted)5.10 % (2014-05)5.20 % (2014-04)5.20 % (2014-03)5.30 % (2014-02)5.30 % (2014-01)5.30 % (2013-12)5.30 % (2013-11)5.40 % (2013-10)5.40 % (2013-09)5.40 % (2013-08)5.50 % (2013-07)5.60 % (2013-06)

Reserves of foreign exchange and gold5.60 Billion $ (2013)4.19 Billion $ (2012)8.55 Billion $ (2011)

Harmonized Indices of Consumer Prices1.10 Percentage change m/m-12 (2014-05)1.30 Percentage change m/m-12 (2014-04)0.90 Percentage change m/m-12 (2014-03)0.80 Percentage change m/m-12 (2014-02)1.50 Percentage change m/m-12 (2014-01)3.70 Percentage change m/m-12 (2013-12)3.00 Percentage change m/m-12 (2013-11)3.20 Percentage change m/m-12 (2013-10)3.80 Percentage change m/m-12 (2013-09)4.80 Percentage change m/m-12 (2013-08)4.20 Percentage change m/m-12 (2013-07)

GDP PPP per land area127 Thousand $ per square kilometer (2013)123 Thousand $ per square kilometer (2012)122 Thousand $ per square kilometer (2011)
Electricity
Electricity - installed generating capacity2.58 Million kW
BankingGDP decomposition by sectorTourismInternational tourism, number of departures358 Thousand (2012)341 Thousand (2011)299 Thousand (2010)
Debt, Current Account Balance and Budget Deficit
Budget surplus (+) or deficit (-)-3.50 % of GDP
Current Account Balance (Percentage of GDP)-5.45 % of GDP (2012)-6.31 % of GDP (2011)-8.05 % of GDP (2010)

Current Account Balance (Total)-100.00 Million $ (2013)-740.00 Million $ (2012)-953.00 Million $ (2011)
