ISL Iceland development indicators, 2022

Indicator
Iceland
Iceland
Age dependency ratio (% of working-age population) 51.1
Agriculture, forestry, and fishing, value added (% of GDP) 4.1
Bank capital to assets ratio (%) 13.5
Bank nonperforming loans to total gross loans (%) 1.4
Broad money (% of GDP) 67.7
Broad money growth (annual %) 8.9
Charges for the use of intellectual property, payments (BoP, current US$) 75,438,957
Charges for the use of intellectual property, receipts (BoP, current US$) 82,041,333
Completeness of birth registration (%) 100.0
Current account balance (BoP, current US$) -447,511,469
Domestic credit to private sector (% of GDP) 97.5
Exports of goods and services (% of GDP) 46.3
Foreign direct investment, net inflows (BoP, current US$) 961,239,136
Fuel exports (% of merchandise exports) 2.3
GDP (current US$) 27,841,648,044
GDP growth (annual %) 6.4
GDP per capita (constant 2010 US$) 55,887
GDP per capita (current US$) 72,903
GDP per capita growth (annual %) 3.8
GDP per capita, PPP (current international $) 69,081
GNI per capita, Atlas method (current US$) 68,220
GNI per capita, PPP (current international $) 65,560
GNI, Atlas method (current US$) 26,054,697,827
GNI, PPP (current international $) 25,037,138,600
Gross capital formation (% of GDP) 22.6
Gross savings (% of GDP) 15.8
Imports of goods and services (% of GDP) 47.0
Industry (including construction), value added (% of GDP) 21.3
Inflation, GDP deflator (annual %) 9.0
Inflation, consumer prices (annual %) 8.3
Labor force participation rate, female (% of female population ages 15+) (modeled ILO estimate) 71.2
Labor force participation rate, male (% of male population ages 15+) (modeled ILO estimate) 79.3
Labor force, female (% of total labor force) 46.1
Labor force, total 234,499
Lending interest rate (%) 7.6
Logistics performance index: Overall (1=low to 5=high) 3.6
Merchandise exports (current US$) 7,390,000,000
Merchandise imports (current US$) 9,690,000,000
Merchandise trade (% of GDP) 61.3
Official exchange rate (LCU per US$, period average) 135
Ores and metals exports (% of merchandise exports) 42.1
PPP conversion factor, GDP (LCU per international $) 143
Personal remittances, received (current US$) 193,211,003
Population ages 0-14 (% of total population) 18.5
Population ages 15-64 (% of total population) 66.2
Population ages 65 and above (% of total population) 15.3
Population growth (annual %) 2.5
Population, female (% of total population) 48.7
Population, total 381,900
Price level ratio of PPP conversion factor (GDP) to market exchange rate 1.1
Proportion of seats held by women in national parliaments (%) 47.6
Real interest rate (%) -1.3
Refugee population by country or territory of asylum 5,240
Risk premium on lending (lending rate minus treasury bill rate, %) 2.5
Rural population 22,945
Rural population (% of total population) 6.0
Terrestrial and marine protected areas (% of total territorial area) 2.9
Total reserves (includes gold, current US$) 5,887,412,718
Unemployment, female (% of female labor force) (modeled ILO estimate) 3.3
Unemployment, male (% of male labor force) (modeled ILO estimate) 4.3
Unemployment, total (% of total labor force) (modeled ILO estimate) 3.8
Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) 7.4
Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) 13.8
Urban population 358,955
Urban population (% of total population) 94.0