Iceland Forecast
Trend-model estimates (v0), generated from the historical series. Research only — labeled model output, not advice. Method: linear trend extrapolation of recent history; point estimates only, no confidence intervals. Model output, never observed data.
GDP
| GDP | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| GDP | 38.58 | 37.44 | 39.31 | USD Billion |
| GDP Annual Growth Rate | 1.28 | 2.43 | 2.47 | percent |
| GDP per Capita | 98323.48 | 94093.54 | 97829.65 | USD |
Government
| Government | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Government Net Lending/Borrowing | -1.08 | — | — | percent of GDP |
Labour
| Labour | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Population | 0.39 | 0.40 | 0.41 | Million |
| Unemployment Rate | 3.62 | 3.97 | 3.95 | percent |
Money
| Money | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Foreign Exchange Reserves | 7.73 | 6.82 | 6.88 | USD Billion |
| Lending Interest Rate | 11.01 | 12.50 | 13.40 | percent |
Prices
| Prices | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Inflation Rate | 4.09 | 7.44 | 7.98 | percent |
Trade
| Trade | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Current Account to GDP | -3.48 | -6.11 | -7.50 | percent of GDP |
| Exports | 15.48 | 15.43 | 16.13 | USD Billion |
| External Balance (Goods & Services) | -0.87 | -1.01 | -1.26 | USD Billion |
| Imports | 16.35 | 16.44 | 17.39 | USD Billion |