Statistics Iceland has now released a new issue of Statistical Series. This issue presents the Gross Domestic Product (GDP) in the 2nd quarter of 2008. In real terms the GDP grew by 5% from the same quarter of the previous year. Total domestic expenditure decreased by 8% in real terms in the 2nd quarter of 2008 as compared with the same quarter of 2007. Exports rose by almost 25% but imports fell by 12% during this period. Seasonally adjusted series showed a 4.9% growth in GDP in the 2nd quarter of this year but a decrease of 1.4% in the 1st quarter. 

Quarterly national accounts, 2nd quarter 2008 - publication

Statistics (see Quarterly GDP 1997-2008)