Download Recent Developments and Prospects

Economic growth, the current
account and inflation 1990-2004
12
9
%
%
Inflation (right-hand axis)
Economic growth (left-hand axis)
8
7
6
6
3
5
0
4
-3
3
-6
2
-9
1
-12
Current account, % of GDP (left-hand axis)
0
199192 93 94 95 96 97 98 99 00 01 02* 03* 04*
1. Es tima te for 2001-2002. C e ntra l B a nk fore c as t for 2003-2004.
Sour ce s Sta
: tis tic s Ic e la nd a nd C e ntra l B a nk of Ic ela nd.
Forecast
The nominal effective exchange
rate of króna January, 2000 – April, 2003
100
Des ember 31, 1991 = 100
105
110
Inflation target adopted
in March 2001
115
120
125
130
135
Exhange rate
Fluctuation limits
(abolished in March 2001)
140
145
150
155
2000
Source: Central Bank of Iceland.
|
2001
|
2002
| 2003