Economic statistics - 01.02.1995, Page 27

International Comparisons
lœland Denmark Norway Germany U.K. U.S.A. Japan
Inhabitants per square kilometer 1992 2 119 13 254 235 27 327
GDP (billion US $) 1992 6.7 142.4 112.9 1938 1050 6039 3346
GDP per capita in US $ 1992 ■••• 25523 27552 26318 24062 18220 23897 26913
Private consumption per capita in US $ 1992 15729 14331 13691 12001 11827 15459 17000
Exports, per cent of GDP 1992 32.2 37.0 43.2 35.0 23.5 10.0 10.2
Imports 7), per cent of GDP 1992 31.8 29.8 35.9 29.0 25.1 10.3 7.8
Avg. annual increase in CP11987-1992 14.1 3.3 4.2 3.7 6.3 4.3 2.2
Gross savings per cent of GDP 1992 17.8 22.8 25.6 33.6 13.3 17.1 33.5
Passenger cars per 1000 inhabitants 1989 458 370 459 526 5) 449 748 455
Telephones per 1000 inhabitants 1989 503 8805) 622 2) 6801) 524 2) 650 2) 5553)
TV sets per 1000 inhabitants 1988 306 526 350 379 435 812 589
Doctors per 1000 inhabitants 1990 2.8 2.74) 3.1 3.06) 1,46) 2.3 1.65)
1) 1983 2) 1984 3) 1985 4)1987 5) 1988 6) 1989 7) Excludes net factor income abroad.
Sources: OECD, IMF.
Merchandise Exports, f.o.b. Livestock
(Percentage breakdown) End ofyear figures (thous.) 1991 1992 1993
Marine Manuf. Agric. Cattle 77.7 76.0 73.9
prod. prod. prod. Other Sheep 510.8 487.3 488.8
1980 74.9 21.7 1.7 1.7 Horses 74.1 75.2 76.7
1981 78.3 19.2 1.4 1.1 Poultry 197.1 179.0 173.9
1982 75.0 22.3 1.3 1.5 Pigs 3.3 3.5 3.6
1983 68.0 29.3 1.1 1.6
1984 1985 67.2 76.9 28.0 20.3 1.7 1.4 3.0 1.4 Hydro and Geothermal Power
1986 77.0 19.7 1.3 2.0 Hydro electric power:
1987 76.0 20.1 1.3 2.6 64000 GWh/year 45000 GWh/year
1988 71.1 22.4 1.7 4.8 Economically exploitable
1989 71.0 24.6 1.7 2.7 Exploited 1993 4950 GWh/year
1990 75.5 20.4 1.9 2.2 Geothermal power:
1991 80.0 17.4 1.8 0.9 Technically exploitable 1000 EJ
1992 79.6 17.2 1.9 1.4 Geothermal energy use 1993 .. 40 PJ
1993 78.7 17.6 1.7 2.0 Share of housing with geothermal
1994 75.5 18.5 1.9 4.1 heating 1993 85 %
Economic Growth and Price Developments
Average rate of growth of GDP:
1964-1994 3.6 per cent
1984-1994 2.0 per cent
Average rate of growth of GNI per capita: 1964-1994 2.4 per cent
1984-1994 0.8 per cent
Average annual rate of change: Hourly wages of non-clerical workers: 1984-1994 16.2 per cent
1989-1994 4.4 per cent
Consumer prices: 1984-1994 14.6 per cent
1989-1994 6.1 per cent
Required Reserve and Liquidity Ratios
In perœntages: Reserve Liquidity
Effective from: requirement requirement
March 1, 1987 13.0 7.0
August 1, 1987 13.0 8.0
Sept. 1, 1988 12.0 9.0
Jan. 1,1989 12.0 10.0
April 1, 1989 11.0 9.0
May 1, 1990 10.0 11.0
June 1, 1990 7.0 12.0
Nov. 1, 1991 6.0 12.0
Jan. 1, 1992 7.0 12.0
Nov. 1, 1992 6.0 12.0
Dec. 1, 1992 5.0 12.0
Nov. 1,1993 4.0 / 2.51> 10.0
1) Fortime deposits and bonds.
Registered Vessels
Totalsize
January 1st. 1994 Number GT GRT
Stern trawlers 106 23570 43031
Whalers 4 - 1953
Other fishing vessels 840 26431 45364
Total fishing vessels 950 58816 86249
thereof 100 GRT/GT
and larger 332 52541 80392
Passenger ships 10 4420 1642
Tankers 5 24 1688
Cargo ships 5 415 18452
Inspection ships 3 3181
Other 122 4029 6513
Total registered vessels . 1095 70885 114544
Fixed Assets.1>
(Millions ofkrónur)
Thereoí Exchange
residential rate of
End ofyear Total housing U.S.$
1945 35.0 13.7 0.065
1950 72.7 28.2 0.163
1955 145.5 61.6 0.163
1960 312.1 126.3 0.381
1965 666.7 276.3 0.431
1970 1624.5 639.3 0.881
1975 7921.7 3002.7 1.710
1980 51965 19574 6.248
1985 394867 145668 42.12
1990 1115180 403167 55.47
19932) 1325969 477158 72.83
1) Current prices. 2) Preliminary.