Economic growth

Growth rate of GDP volume – percentage change on previous year


GDP per capita 1980-2010 Units: ISK/USD/Euros

Sources: Statistics Iceland

Quarterly GDP 1997-2011 Units: Million ISK/percent Selection: Current prices; 3.2 Residential construction

Sources: Statistics Iceland

Overview of Gross Domestic Product and Gross National Product 1945-2010 Units: Index/percent/number Selection: Gross national income, index

Sources: Statistics Iceland


[t2020_20] – Gross domestic expenditure on R&D (GERD) – % of GDP

Short Description: The indicator provided is GERD (Gross domestic expenditure on R&D) as a percentage of GDP. “Research and experimental development (R&D) comprise creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society and the use of this stock of knowledge to devise new applications” (Frascati Manual, 2002 edition, § 63 ). R&D is an activity where there are significant transfers of resources between units, organisations and sectors and it is important to trace the flow of R&D funds.



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