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 Það sem við vitum og vitum ekki um manndrápið hrottalega Innlent Sólrún fundin á Spáni Innlent Sendi Dönum tóninn Erlent Mátti binda barn á höndum og fótum og kitla það Innlent Hætta við uppbygginguna vegna „neikvæðrar umræðu“ Innlent „Þetta er risastór áfangi og gleðitíðindi fyrir Kópavogsbæ“ Innlent Prestur sakar oddvita um ólýðræðislega hallarbyltingu í veiðifélagi Innlent Stoppaður af vegfaranda sem spurði: „Hvað er þetta?“ Innlent Russell Brand ákærður fyrir nauðganir og kynferðisbrot Erlent Landris hafið á ný 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 Það sem við vitum og vitum ekki um manndrápið hrottalega Innlent Sólrún fundin á Spáni Innlent Sendi Dönum tóninn Erlent Mátti binda barn á höndum og fótum og kitla það Innlent Hætta við uppbygginguna vegna „neikvæðrar umræðu“ Innlent „Þetta er risastór áfangi og gleðitíðindi fyrir Kópavogsbæ“ Innlent Prestur sakar oddvita um ólýðræðislega hallarbyltingu í veiðifélagi Innlent Stoppaður af vegfaranda sem spurði: „Hvað er þetta?“ Innlent Russell Brand ákærður fyrir nauðganir og kynferðisbrot Erlent Landris hafið á ný Innlent
