Iceland: 2014 Article IV Consultation and Fifth Post-Program Monitoring Discussions-Staff Report; Press Release; and Statement by the Executive Director for Iceland
Electronic Access:
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Summary:
This 2014 Article IV Consultation highlights that Iceland has reached a relatively strong macroeconomic position with good growth prospects. Unemployment continues to trend down, now at 4 percent. Growth is expected to pick up to about 3 percent over 2015–17, supported by robust domestic demand and tourism. Consumption will be boosted by household debt relief and—together with net trade—will benefit from favorable commodity prices. Good progress has also been made in improving the financial stability framework, but gaps remain.
Series:
Country Report No. 2015/072
Subject:
Balance of payments Banking Capital account liberalization Fiscal policy Income Inflation National accounts Prices
English
Publication Date:
March 13, 2015
ISBN/ISSN:
9781498398893/1934-7685
Stock No:
1ISLEA2015001
Pages:
67
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