- Statistical Series
- 02. October 2008
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Vol 93,
Issue 58
- ISSN: 1670-4827
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The present figures show Gross Domestic Product (GDP) in 2007 amounting to 1,293 billion ISK. In real terms, GDP grew at a rate of 4.9%. The growth in GDP in 2007 can mainly be explained by 11% growth in exports and by 4.3% growth in household final consumption. At the same time fixed capital formation declined by 13.7% and imports by 1.4%.