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World/Forecast/Iceland

Forecast

Iceland — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger ca5c236
Real GDP growth — 2027 baseline projection
2.4

Iceland: forward projections across 12 macro indicators, horizons 2025, 2027, 2029, 2031, 2034, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Latest observed-0.7

(2026)
· IMF DataMapper API
YearBaselineOptimisticPessimisticConf. band
2027-1.723.76-7.2-2.86 – -0.57
2029-3.755.74-13.25-5.87 – -1.64
2031-5.796.47-18.05-8.75 – -2.82
2036-10.886.46-28.21-16.16 – -5.6

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Latest observed42.45(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202542.1653.9831.9139.79 – 44.52
202741.5662.0523.8136.64 – 46.49
202940.9767.4218.0533.92 – 48.03
203439.4976.897.0827.83 – 51.15

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Latest observed33.3bn(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202746.7bn52.2bn41.9bn45.2bn – 48.1bn
202954bn63.6bn45.6bn50bn – 57.9bn
203161.2bn73.6bn50.5bn54.3bn – 68.2bn
203679.4bn96.9bn64.2bn62.9bn – 95.9bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Latest observed-0.97(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20272.410.12-4.31.07 – 3.72
20293.212-8.410.81 – 5.58
2031412-100.8 – 7.2
2036612-100.96 – 11.03

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Latest observed86k(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2027116.5k130.9k104.1k112.9k – 120.1k
2029133.1k157.9k111.5k123.2k – 142.9k
2031149.6k181.7k121.8k132.6k – 166.6k
2036191k236.4k151.7k151.4k – 230.6k

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Latest observed53.6(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202751.9361.8440.4949.57 – 54.29
202948.5965.7628.7743.61 – 53.56
203145.2567.4219.6638.21 – 52.28
203636.8968.250.7126.16 – 47.62

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Latest observed43.52(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202544.1152.1536.0642.17 – 46.05
202745.2959.2331.3640.99 – 49.6
202946.4864.4728.4940.01 – 52.95
203449.4574.8824.0137.64 – 61.25

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Latest observed5.86(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20275.310.020.254.17 – 6.43
20296.2814.45-2.464.17 – 8.39
20317.2617.8-4.034.35 – 10.18
20369.7124.62-54.85 – 14.57

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Latest observed26.65(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202527.4529.4225.7426.6 – 28.3
202729.5832.9926.6227.39 – 31.77
202931.7136.1227.8928.11 – 35.31
203437.0443.2731.6429.36 – 44.72

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Latest observed386.5k(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2027397.9k416.7k380.4k385.6k – 410.2k
2029407.8k427.1k389.9k377.6k – 438k
2031417.7k437.4k399.4k370.3k – 465.1k
2036442.5k463.4k423k350.7k – 534.2k

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Latest observed-1.99(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2025-2.776.83-9.96-4.01 – -1.52
2027-4.711.91-10-7.01 – -2.4
2029-6.6414.81-10-9.85 – -3.43
2034-1015-10-10 – -4.61

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Unemployment rate

Latest observed3.63(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20273.935.842.013.57 – 4.28
20293.386.690.072.71 – 4.05
20312.847.1101.95 – 3.72
20361.477.5200.31 – 2.63

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Generated by the prediction engine (model prediction-engine-v1) on 2026-06-22 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/ISL · Country page → · Full brief → · API docs