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Short term indicators in September 2011


  • Hagtíðindi
  • 12. september 2011
  • ISSN: 1670-4827

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The revised annual national accounts for 2010 show a 4% decrease in Gross Domestic Product (GDP) in real terms. In 2009, GDP decreased by 6.7% but grew at a rate of 1.3% 2008. In real terms GDP for the first six months of 2011 increased by 2.5% compared with the same period of 2010. In real terms, seasonally adjusted GDP in the 2nd quarter of 2011 decreased by 2.8% from the previous quarter.
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