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Economic growth continues to slow down, but was still robust last year

According to preliminary figures from Statistics Iceland, economic growth measured 3.6% in 2017 following on the heels of 7.5% growth in 2016. There is a considerable slow-down between years, with economic growth in 2017 more in line with Iceland’s long-term potential output. Tension in the economy has abated over the past 1-2 years.

National Accounts - March 2018

News and Notifications - 17 December 2018 02:30 PM

Customers able to change limit on credit cards in online banking and the Landsbankinn app

Landsbankinn’s customers can now adjust the withdrawal limit on their credit cards in the Landsbankinn app and online banking for individuals. The extent by which the limit can be raised is determined by a credit framework that automatically calculates credit authorisations.


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Vikubyrjun/Weekly bulletin - 17 December 2018 10:09 AM

Icelandic Economic Weekly: Monday 17 December 2018

The Monetary Policy Committee held policy rates unchanged, in line with our expectations. Preliminary estimates for 2017 show that the GDP per capita in Iceland was 30% above the EU28 average.


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Vikubyrjun/Weekly bulletin - 10 December 2018 09:52 AM

Icelandic Economic Weekly: Monday 10 December 2018

Statistics Iceland released national accounts for Q3. The CBI released the current account for Q3. The government has decided to present a bill to parliament proposing the liberalisation of capital controls on off-shore króna holders. Icelandair released traffic data for November. Fitch affirmed Iceland at A with a stable outlook.


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