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07.12.2012 | 12:12
Iceland’s GDP Increases by Two Percent
The country’s (non-seasonally adjusted) GDP grew by two percent during the first nine months of 2012 when compared to the same period last year. When seasonally adjusted, GDP for the third quarter increased by 3.5 percent from the previous quarter.
Reykjavík. Photo by Páll Stefánsson.
According to the latest data from Statistics Iceland, household final consumption increased by 3.2 percent and gross fixed capital formation increased by 14.3 percent. At the same time, government final consumption decreased by 1.1 percent.
Exports grew by 3 percent and imports by 6.6 percent.
ZR
Click here to learn about our custom made photo book Iceland 2012 with the best pictures of the year.
Four Icelandic contestants will participate in this year’s World Skills International, the world cup for industrial- and vocational subjects. The competition is held every other year.
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June
19
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Free Iceland Travel Guides Released
This year’s free English-language travel guide Around Iceland has been released, the 38th year in a row. The guide is also published in Icelandic and German and is distributed in 100,000 copies to the country’s most frequented tourist destinations.
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An international group of divers recently traveled to Þingvellir National Park in Southwest Iceland to explore this unique diving destination. A Polish guide, Michail Zinieuricz, who works for the DIVE.is, led the team of North Americans and a French couple.
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Iceland’s northernmost island is no longer one island. In a recent surveillance excursion to the Kolbeinsey, the Icelandic Coast Guard discovered that the island is now divided in two.
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June
18
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First Fin Whale Caught in Iceland
June
17
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15 More Reasons to Like Iceland (Photos)
June
17
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Today is the Icelandic National Day
June
16
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Festive Mood in Akureyri on June 17
June
16
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Reviving Reykjavík’s ‘Slum’
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The 2013 June-July issue of Iceland Review is out. Themed ‘We Are Young’ the magazine celebrates the arrival of summer by interviewing young energetic Icelanders who excel in art, sports, business and politics—and Sigmundur Davíð Gunnlaugsson, the youngest PM in the republic’s history and the world’s youngest ruling state leader. Click here to take a look at a selection of the current issue and here to subscribe to the magazine.
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REVIEWS
amiina
June
10
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Harboring the Homegrown
The road to Höfn, a 1,690-person harbor town by the fjord Hornafjörður, is lined with reindeer. Whole herds of the wild horned animals rest peacefully on withered pastures, grace next to sheep and horses and bounce along the road. Soon, Vatnajökull, Europe’s largest glacier and the region’s biggest attraction, comes into view. Looming over Höfn, its outlet glaciers flow down from the mountains on which the bright white icecap rests.
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June
10
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Sin Fang’s Album Release Concert
Sin Fang will celebrate the release of his third album with a release concert in Iðnó on June 12. Flowers was released in February by Morr Music and has been well received by music enthusiasts and critics alike. The concert will be supported by Vök, this year’s winners of the Icelandic Music Experiments.
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 GDP grew by two percent during the first nine months of 2012 when compared to the same period last year. When seasonally adjusted, GDP for the third quarter increased by 3.5 percent from the previous quarter.')){kind=link}