Statistical bulletin - 01.11.1970, Blaðsíða 12

52
1970
Wage rates per hour for ordinary unskilled Iabour in Reykjavík.
Krónur per hour Yearly End of Krónur per hour Yearly End of
average year average year
1939 1,45 1,45 1955 17,03 18,60
1940 1,72 1,84 1956 19,11 19,37
1941 2,32 2,54 1957 19,66 19,92
1942 3,49 5,68 1958 21,30 25,29
1943 5,62 5,66 1959 22,19 21,91
1944 6,66 6,91 1960 21,91 21,91
1945 7,04 7,24 1961 23,12 24,33
1946 7,92 8,35 1962 25,62 26,54
1947 8,87 9,50 1963 29,02 34,45
1948 8,74 8,74 1964 35.48 36,52
1949 9,20 9,61 1965 40,21 44,32
1950 10,41 11,13 1966 47,16 49,38
1951 12,62 13,84 1967 49,52 51,05
1952 14,30 15,33 1968 53,15 56,85
1953 15,26 15,33 1969 61,84 66,79
1954 15,34 15,42
Note: Included in above was rates is vacation pay (4% on wages rates Dec. 1 1969 ............ 66,79
Aug. 1942—Dec. 1952, 5% until April 1955, 6% until July 1964, since then March 1 1970 ........... 67,91
7%) and 1% sickness allowance April 1955—September 1968. Employers, 1% (June 1 1970 70,45;
contributiontoassistancefundincludedasfromJune29 1961,and0,25%contri- June 19 1970 81,03
bution to vacation fund as from June 26 1966. Sept. 1 1970 84,43
The increases in hourly wage rates 1970 are due to a rise in the com-
pensation index, except the increase on June 19 1970 which was a result of a
15% wage rise according to new collective agreements. EfFective that date full
index compensation is paid on basic wages and salaries.
Global balance of payments 1969. Provisional estimates.
(In millions of krónur. Exchange rate: US $ 1,00 = kr. 87,90).
A. Current account Dcbit Credit
Imports of ships and aircraft (FOB) ................................. 52
Imports for Búrfell Power Project (FOB) ............................. 300
Imports for Straumsvík AluminiumSmeIter;investmentgoods(FOB) ............... 492 -
Imports for aluminium smelter, intermediary production goods (FOB) ......... 463 -
Other imports (FOB) ...................................................... 8.000 -
Exports of aluminium ingots (FOB) ............................................ - 519
Other exports (FOB) .......................................................... - 8.881
The Defence Force .......................................................... 123 985
Tourism..................................................................... 395 320
Transportation............................................................ 2.600 3.400
Insurance ................................................................ 1.265 1.040
Interest ................................................................... 750 165
Miscellaneous............................................................. 1.090 600
Total current transactions Surplus on current account 15.530 380 15.910
Total 15.910 15.910
B. Transfer payments Transfer payments, net 70 —
C. Capital account Private Iong-term liabilities Official long-term liabilities Direct investment Other capital movements, net 940 900 210 70 2.000 1.440
Total capital transactions Surplus on capital account 2.050 1.460 3.510
Total 3.510 3.510
D. Errors and omissions Errors and omissions, net 85 _
E. Overall balance of payments. (Changes in foreign exchange reserves) 1.685 _