is Iceland 2012

Detailed economic analysis and indicators for 2012

Year 2012

Key Economic Indicators (2012)

GDP (Current USD)

$14.75 billion

↓ 3.09% vs 2011
GDP per Capita

$45,995.55

↓ 3.60% vs 2011
GDP Growth (Annual %)

1.06%

↓ 0.78pp vs 2011
Inflation Rate (CPI %)

5.19%

↑ 1.18pp vs 2011

Year-over-Year Comparison

Indicator 2011 2012 Change
GDP (Current USD) $15.22 billion $14.75 billion -3.09%
GDP per Capita $47,714.59 $45,995.55 -3.60%
GDP Growth (Annual %) 1.85% 1.06% -0.78pp
Inflation (CPI %) 4.00% 5.19% +1.18pp
Unemployment Rate (%) 7.03% 6.00% -1.03pp

All Economic Indicators (2012)

National Accounts
GDP (Current USD)
$14.75 billion
GDP per Capita
$45,995.55
GDP Growth (Annual %)
1.06%
Gross National Income
$13.46 billion
Prices & Employment
Inflation (CPI %)
5.19%
Inflation (GDP Deflator %)
3.44%
Unemployment Rate (%)
6.00%
Interest Rate (Real %)
4.72%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-3.52%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2012, Iceland's Gross Domestic Product (GDP) is $14.75 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Iceland for 2012 is $45,995.55. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Iceland for 2012 is 5.19%. This measures the annual percentage change in the cost of consumer goods and services.

Iceland's annual GDP growth rate for 2012 is 1.06%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Iceland for 2012 is 6.00%. This represents the percentage of the labor force that is unemployed and actively seeking employment.