Economic Growth 2.6% in 2006 14. mars 2007 10:49 Icelandic Fishing Factory According to provisional data from Statistics Iceland, Icelandic Gross Domestic Product in 2006 was 1142 billion ISK (€ 12.85 bil). In real terms, GDP grew at a rate of 2.6%, down from 7.2% growth in the previous year. Last year's growth in GDP can mainly be explained by 4.6% growth in household final consumption and 13.0% growth in fixed capital formation. This was mainly offset by a growth in imports, which increased by 8.8% in real terms. At the same time exports declined by 5.6% with the consequences that the balance on current account became negative by 303 billion ISK, 26.5% of GDP. In 2005 the balance on current account was negative by 163 billion ISK, 16% of GDP. Regardless of some improvements in terms of trade, a considerable growth in net outflow of primary income led to a decline in Gross National Income (GNI) by 1.7% after 8.1% growth in the year before. News News in English Mest lesið Hundrað prósenta tollaaukning á allar vörur frá Kína Erlent Kourani fluttur á Klepp Innlent Nóbelsnefndin rannsakar mögulegan leka og óvenjuleg veðmál Erlent Hvattir til að leggja tímanlega af stað Innlent Beygjuvasarnir stórhættulegir Innlent Gengst við því að hafa grandað farþegaþotunni Erlent Trump segir Hamas og Ísraela hafa náð samkomulagi Erlent Fjöldi látinn eftir að verksmiðja sprakk í loft upp Erlent Grínaðist með Möggu Stínu: „Fyrsta líflátshótunin kom 18 mínútum seinna“ Innlent Þarf að una áminningu í máli móður í forsjárdeilu Innlent
According to provisional data from Statistics Iceland, Icelandic Gross Domestic Product in 2006 was 1142 billion ISK (€ 12.85 bil). In real terms, GDP grew at a rate of 2.6%, down from 7.2% growth in the previous year. Last year's growth in GDP can mainly be explained by 4.6% growth in household final consumption and 13.0% growth in fixed capital formation. This was mainly offset by a growth in imports, which increased by 8.8% in real terms. At the same time exports declined by 5.6% with the consequences that the balance on current account became negative by 303 billion ISK, 26.5% of GDP. In 2005 the balance on current account was negative by 163 billion ISK, 16% of GDP. Regardless of some improvements in terms of trade, a considerable growth in net outflow of primary income led to a decline in Gross National Income (GNI) by 1.7% after 8.1% growth in the year before.
News News in English Mest lesið Hundrað prósenta tollaaukning á allar vörur frá Kína Erlent Kourani fluttur á Klepp Innlent Nóbelsnefndin rannsakar mögulegan leka og óvenjuleg veðmál Erlent Hvattir til að leggja tímanlega af stað Innlent Beygjuvasarnir stórhættulegir Innlent Gengst við því að hafa grandað farþegaþotunni Erlent Trump segir Hamas og Ísraela hafa náð samkomulagi Erlent Fjöldi látinn eftir að verksmiðja sprakk í loft upp Erlent Grínaðist með Möggu Stínu: „Fyrsta líflátshótunin kom 18 mínútum seinna“ Innlent Þarf að una áminningu í máli móður í forsjárdeilu Innlent