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Country Economic Forecasts > Iceland

Country Economic Forecasts - Iceland

Despite jumping to 5.2% in Q1 due to strong investment and base effects, GDP growth is still seen slowing to 3.5% in 2018 overall, with a similar outturn next year, and then just below 3% in 2020-21. Budget tightening and ISK appreciation since 2016 are on course to halt the rise in inflation at around the 2.5% target but are hampering exports, leaving growth more reliant on consumption and investment. This is focused on production sectors and more diversified than before the crisis, and will be sustained into 2019 by strong demand and falling real interest rates.


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 p

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