Economic statistics - 01.11.1993, Blaðsíða 14
V. Balance of Payments
Table 1. Balance of Payments Summary
(Millions ofkrónur)
Long- Other Overall
Tradeaccount, f.o.b. Services Goodsand services term foreign capital move- Capital balance Average of rate nr.
Exports Imports Balance balance balance credit ments balance paym. U.S.$
1978 1763 1676 87 -8 79 185 -44 141 143 2.715
1979 2785 2692 93 -158 -65 296 55 351 164 3.521
1980 4460 4307 153 -466 -313 649 145 794 249 4.790
1981 6536 6732 -196 -827 -1023 1063 574 1637 442 7.242
1982 8479 10364 -1885 -1225 -3110 2375 192 2567 -1257 12.524
1983 18623 18156 467 -1730 -1263 2899 -1301 1598 212 25.000
1984 23557 23889 -332 -3798 -4130 3234 877 4111 -924 31.655
1985 33750 33760 -10 —4703 —4713 5465 6371 11836 4838 41.468
1986 44968 40988 3980 -3201 779 6099 -2234 3865 3381 41.036
1987 53053 55020 -1967 -5116 -7083 6740 2731 9471 -605 38.603
1988 61667 61996 -329 -8556 -8885 9675 -869 8806 -538 43.089
1989 80072 72603 7469 -11591 -4122 15945 -8167 7778 3796 57.140
1990 92452 87652 4800 -12550 -7750 16362 -4252 12110 4328 58.226
1991 91560 94639 -3079 -14969 -18048 14572 3196 17768 724 59.040
1992 87833 87717 116 -11924 -11808 13075 3130 16205 4507 57.517
Table 2. Long-Term Foreign Debt (Millions ofkrónur, end ofperiod) 1987 1988 1989 1990 1991 19923> September31 1992 1993
1 Long-term foreign debt total 83103 112685 166221 176662 191040 228115 201835 255285
11 Public sector 51505 66261 93619 96710 107470 131246 116908 152821
111 Treasury 29837 40081 58247 59519 65756 84491 76141 97926
112 Government enterprises 18368 22497 29172 31293 35682 38716 34289 45140
113 Municipalities 3300 3683 6200 5898 6032 8039 6478 9755
12 Financial institutions 24270 37557 58715 59370 61620 72275 62693 77048
121 Central Bank 207 221 228 149 100 57 48 0
122 Commercial banks 9892 16445 26970 25288 25082 26316 23924 26392
123 Investment credit funds 14171 20891 31517 33933 36438 45902 38721 50656
1231 Publicfunds 12678 17386 24528 22553 22390 24069 21048 25278
1232 Other 1493 3505 6989 11380 14048 21833 17673 25378
13 Private sector 7328 8867 13887 20582 21950 24594 22234 25416
131 Fisheries 395 391 733 1048 1049 1815 1865 1819
132 Manufacturing 1591 1680 1870 1453 1328 1205 1165 1032
133 Transportation 2824 2878 6631 12895 15596 17454 15075 18039
134 Other 2518 3918 4653 5186 3977 4120 4129 4526
Rate per U.S. dollar 35.60 46.16 61.09 55.31 55.54 63.84 53.74 69.18
Debt outstanding at end of year'*
Total debt in per centof GDP 40.6 41.6 49.5 51.2 51.2 54.7
Total debt in per cent of GNP 41.9 43.0 51.7 53.4 53.3 56.8
Total debt in % of export revenue .. 113.0 124.6 137.1 139.6 151.3 165.2
Net external debt in % of GDP 40.8 42.0 46.6 46.1 46.8 49.6
Debt service burden2* 16.1 16.8 19.4 20.0 23.0 26.2
Amortization 7.8 7.8 8.3 8.8 11.6 15.1
Interests 8.3 9.0 11.1 11.2 11.4 11.1
1) Based on average exchange rate in each year. 2) As percentage of total export revenue. 3) Preliminary figures.
Table 3. Foreign Exchange Transactions of the Banking System1>
(Millions otkrónur)
End ofperiod 1987 1988 1989 1990 1991 1992 19922' 1993
1 Foreign exchange purchases 89756 110837 180501 169960 191642 209023 167381 182671
2 Foreign exchange sale 90218 110225 177749 165532 188098 204933 162951 188382
3 Net purchases of the banks -462 612 2752 4428 3544 4090 4430 -5711
1) Based on average exchange rates in each period. 2) Based on exchange rates in the corresponding period in 1993.