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Iceland’s GDP growth faster more than ever thought

Thursday, 08 March 2012
Iceland's GDP rose by 1.9 percent in the fourth quarter, compared with the previous quarter.
Compared with the corresponding quarter last year, GDP rose 2.7 percent.

According to statistic Iceland, in the third quarter, GDP rose by 4.7 percent compared to the previous quarter and rose by 4.8 percent from the same quarter 2010.

Iceland, from economic junk just a few years ago to now a bright star in the dark sky shows that the small country is gradually and steadily coming back to its place as one of the most progressive smaller nation in the northern hemisphere.
By Scancomark.se Team

Key Norwagian Facts

Official Name Republic of Iceland
President Olafur Ragnar Grimsson
Prime minister Johanna Sigurdardottir
Population 320,000
Capital City Reykjavik
Monetary Unit Icelandic Krona
  1 Krona = 100 aurar
Domain Name .IS
Int. Dialling Code +354
Official Language Icelandic
Religion Christianity
Main stock market Name OMX Iceland 6 PI ISK
Internet Speed 4.2 Mbps (2009)
Vital Links
Statistics ICELAND
Government of Iceland
Gateway to Iceland
Iceland trade directory
Iceland data market
Island business information from the prime ministry


Scandinavian Companies & Market Magazine (c) 2010, Granscole Establishment Sweden AB. Registered in Sweden as a Media Company Organisation Number: 556782-6572