Island BIP Veränderung zum Vorjahr

Iceland’s economy expanded by 2.6% year-on-year in the first quarter of 2025, following a downwardly revised 0.8% contraction in the previous quarter. This marked the fastest expansion since the third quarter of 2023. Growth was driven by a surge in fixed investments (18.0% vs 15.6% in Q4), household consumption (2.3% vs 0.8%), and government spending (2.6% vs 2.1%). Net external demand also contributed positively to the GDP, as exports (13.5% vs. 10.5%) rose more than imports (4.4% vs 1.4%). On a seasonally adjusted quarterly basis, GDP rose by 2.7% in the March quarter, rebounding from a 1.4% fall in the preceding period.