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 Flugslysið sem skók þjóðina og aldrei munu fást svör við Innlent Vaktin: Forsetakosningar í Bandaríkjunum Erlent Sakfelldur fyrir þátt í banaslysi en annar ökumaður aldrei fundist Innlent „Við erum ógeðslega sár fyrir hönd barnanna okkar“ Innlent Kosningavaktin: Íslendingar ganga að kjörborðinu Innlent Hagnast um hálfan milljarð og reiknar með þrefalt meira á næsta ári Innlent Baráttan um Bandaríkin: Hvað gerist eiginlega í nótt? Erlent „Ég var barnið sem vildi ekki taka í höndina á kennaranum sínum“ Innlent Perlan þurfi að seljast fyrir áramót svo dæmið gangi upp Innlent Segja verkfall kennara skapa ójafnræði og óréttlæti 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 Flugslysið sem skók þjóðina og aldrei munu fást svör við Innlent Vaktin: Forsetakosningar í Bandaríkjunum Erlent Sakfelldur fyrir þátt í banaslysi en annar ökumaður aldrei fundist Innlent „Við erum ógeðslega sár fyrir hönd barnanna okkar“ Innlent Kosningavaktin: Íslendingar ganga að kjörborðinu Innlent Hagnast um hálfan milljarð og reiknar með þrefalt meira á næsta ári Innlent Baráttan um Bandaríkin: Hvað gerist eiginlega í nótt? Erlent „Ég var barnið sem vildi ekki taka í höndina á kennaranum sínum“ Innlent Perlan þurfi að seljast fyrir áramót svo dæmið gangi upp Innlent Segja verkfall kennara skapa ójafnræði og óréttlæti Innlent