|
GDP:
|
purchasing power parity - $8.678 billion (2003 est.)
|
|
GDP - real growth rate:
|
2.6% (2003 est.)
|
|
GDP - per capita:
|
purchasing power parity - $30,900 (2003 est.)
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|
GDP - composition by sector:
|
agriculture: 9.2% (includes fishing 12%)
industry: 26.7%
services: 64.2% (2003 est.)
|
|
Investment (gross fixed):
|
21.6% of GDP (2003)
|
|
Population below poverty line:
|
NA
|
|
Household income or consumption by percentage share:
|
lowest 10%: NA
highest 10%: NA
|
|
Inflation rate (consumer prices):
|
2.1% (2003 est.)
|
|
Labor force:
|
160,000 (2003)
|
|
Labor force - by occupation:
|
agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999)
|
|
Unemployment rate:
|
3.4% (2003 est.)
|
|
Budget:
|
revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003)
|
|
Public debt:
|
41.5% of GDP (2003)
|
|
Industries:
|
fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism
|
|
Industrial production growth rate:
|
8.1% (2003 est.)
|
|
Electricity - production:
|
7.894 billion kWh (2001)
|
|
Electricity - production by source:
|
fossil fuel: 0.1%
hydro: 82.5%
other: 17.5% (geothermal) (2001)
nuclear: 0%
|
|
Electricity - consumption:
|
7.341 billion kWh (2001)
|
|
Electricity - exports:
|
0 kWh (2001)
|
|
Electricity - imports:
|
0 kWh (2001)
|
|
Oil - production:
|
0 bbl/day (2001 est.)
|
|
Oil - consumption:
|
16,300 bbl/day (2001 est.)
|
|
Oil - exports:
|
0 bbl/day (2001)
|
|
Oil - imports:
|
15,470 bbl/day (2001)
|
|
Agriculture - products:
|
potatoes, green vegetables, mutton, dairy products, fish
|
|
Current account balance:
|
$-574 million (2003)
|
|
Exports:
|
$2.379 billion f.o.b. (2003 est.)
|
|
Exports - commodities:
|
fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon
|
|
Exports - partners:
|
Germany 17.4%, UK 17.4%, Netherlands 11.2%, US 9.8%, Spain 6.3%, Denmark 5%, Norway 4.5%, France 4% (2003 est.)
|
|
Imports:
|
$2.59 billion (2003 est.)
|
|
Imports - commodities:
|
machinery and equipment, petroleum products; foodstuffs, textiles
|
|
Imports - partners:
|
Germany 11.8%, Denmark 8%, US 7.5%, UK 7.5%, Norway 7%, Sweden 6.5%, Netherlands 6.2%, Italy 4.7% (2003 est.)
|
|
Reserves of foreign exchange & gold:
|
$818.7 million (2003)
|
|
Debt - external:
|
$2.6 billion (1999)
|
|
Economic aid - donor:
|
NA
|
|
Currency code:
|
ISK
|
|
Fiscal year:
|
calendar year
|
