Country Economic Forecasts > Iceland - Oxford Economics Services

Country Economic Forecasts > Iceland

Country Economic Forecasts > Iceland - Oxford Economics Services
Country Economic Forecasts > Iceland
Published Nov 10, 2016
5 pages — Published Nov 10, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

Q2 growth was 3.7%, down from 4.4% in Q1, and the slowdown has probably continued in H2 due to election uncertainties. We forecast 2016 growth at 3.5%, before slowing to 2.5% a year in 2017-19, slightly below official expectations. Monetary policy will stay tight until remaining capital controls are lifted at end-2017, while fiscal restraint limits scope to re-expand public investment. Inflation, which rebounded strongly to 1.8% in September, will rise back to 3% in 2017 and could go even higher if strong short-term capital inflows force a premature reduction in interest rates. The end-October election has eased political uncertainty by affirming support for the Independence Party, which is likely to form a new coalition despite a setback for Progressive allies - after the opposition vote split between Left Green, Reform, Pirate and much-reduced Social Democratic parties. While there is a risk of instability due to new groups holding the balance of power, all parties approve the timetable for lifting capital controls. 

  
Source:
Document ID
348062
Country
Format:
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Sections

Title
Iceland:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Iceland" Nov 10, 2016. Alacra Store. May 05, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Iceland-2111-6288>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Iceland Nov 10, 2016. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Iceland-2111-6288>
  
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