Statistics Iceland publishes now the non-financial sector accounts data for 2017. The figures published do not present a new assessment of the overall GDP or other major components of National Accounts for Iceland. Instead, the focus is on estimating totals between different sectors, as well as providing detailed figures of major transfers and flows between sectors.
Household sectors’ gross savings amounted to 6.6% of disposable income in 2017, a 5.4% increase from 2016. Household sectors’ gross fixed capital formation amounted to 7.3% of disposable income in 2017, a 0.7% increase from 2016.
Non-financial corporations sectors’ gross fixed capital formation amounted to 15.2% of GDP in 2017, a 0.1% decrease from 2016. Non-financial corporations sectors’ gross profit share amounted to 38.7% in 2017, a 3.5% decrease from 2016.
Previously published figures have been revised. Non-financial sector accounts utilizes figures and indicators found in the expenditure approach, production approach and government finance statistics. Thus, all revisions in the aforementioned approaches are incorporated into the compilation process for non-financial sector accounts.
Further information on the methodology of the non-financial sector accounts are in a Statistical Series from 2014.