Statistical bulletin - 01.02.1964, Qupperneq 10

10
1964
Balancc of payments 1962: Regional classification
U. S. A.
(In millions ol kronur. Exchange ratc: U. S. $ Sterling 0. E. C. D Soviet Uther
1,00 = kr. 42,95) Canada Area countries Area countries
A. Current transactions
Imports 4-522,0 +499,2 + 1 571,8 +642,0 + 281,9 +3 516,9
Exports +614,2 + 821,4 + 1 367,9 +671,1 + 189,4 + 3 664,0
Foreign travel, net + 9,7 + 62,6 + 49,6 + 0,3 - + 102,2
Transportation, expenditures .... 4-337,4 + 177,4 + 366,1 + 36,4 + 8,4 + 925,7
Transportation, receipts + 384,5 + 158,7 + 335,3 + 50,2 + 31,8 + 960,5
Insurance, net + 23,2 + 3,9 + 18,6 - + 5,8 + 32,1
Interest, net + 37,8 + 12,5 + 57,0 + 3,2 + 13,1 + 98,6
Defence Force, net +403,6 + 9,1 + 6,6 - - + 387,9
Miscellaneous + 7,1 + 0,6 + 4,1 + 16,5 + 2,0 + 18,1
Total current transactions +498,7 + 248,8 + 370,6 + 56,5 + 78,4 + 355,0
B. Transfer payments
Ofíicial transfer payments + 134,9 + 134,9
C. Capital transactions
Private long-term loans, net .... + 84,5 + 5,3 + 4,4 + 1,4 - + 92,8
Other private capital movements,
net + 19,0 + 21,6 + 50,6 + 32,8 + 0,8 + 123,2
Public long-term loans, net + 15,3 + 45,0 + 14,7 + 29,2 + 0,2 + 15,4
Other public capital movements,
net + 67,7 - - + 67,7
Total capital transactions + 13,1 + 61,3 + 60,9 + 5,0 + 0,6 + 113,5
D. Changes in the foreign exchange po-
sition of the banks (incrcase -f- de-
crease +) + 117,4 + 130,1 + 72,4 + 61,6 +476,7 + 623,4
Wage rates per hour for ordinary unskilletl labour in Reykjavík.
Krónur pcr hour Yearly End of Krónur per hour Yearly End of
average year average year
1939 1,45 1,45 1952 14,30 15,33
1940 1,72 1,84 1953 15,26 15,33
1941 2,32 2,54 1954 15,34 15,42
1942 3,49 5,68 1955 17,03 18,60
1943 5,62 5,66 1956 19,11 19,37
1944 6,66 6,91 1957 19,66 19,92
1945 7,04 7,24 1958 21,30 25,29
1946 7,92 8,35 1959 22,19 21,91
1947 8,87 9,50 1960 21,91 21,91
1948 8,74 8,74 1961 23,12 24,33
1949 9,20 9,61 1962 25,62 26,54
1950 10,41 11,13 1963 29,02 34,45
1951 12,62 13,84
Note. Included in above wage ratcs íb vacation pay (4% on wage rates
Aug. 1942 — Dec. 1952, 5% until April 1955, since then 6%) and 1% sickness
addition to wage rates April 1955—Septembcr 1958. Employers’ 1% contri-
bution to assistance ftmd includcd as from June 29 1961.