Executive Board
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Board Discussions
on Iceland:

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August 1, 2013
November 12, 2012
April 6, 2012
August 26, 2011
June 3, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 2.7 3.1
Consumer Prices 2.9 3.4
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Iceland: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative Office in Iceland

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Iceland and the IMF
Updated April 11, 2014

The last Article IV Executive Board Consultation was on August 01, 2013. Listed below are items related to Iceland, in reverse chronological order (you can also view items by category).

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April 11, 2014 -- New IMFC Statement by Ms. Jutta Urpilainen, Minister of Finance, Finland
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 183Kb
December 16, 2013 -- Baltic and Icelandic Experiences of Capital Flows and Capital Flow Measures
Author/Editor: Audun Groenn | Maria Wallin Fredholm
Series: Working Paper No. 13/242
October 12, 2013 -- IMFC Statement by Rimantas Šadžius, Minister of Finance, Lithuania
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 150Kb
August 07, 2013 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation and Third Post Program Monitoring Discussions with Iceland
August 07, 2013 -- Iceland: 2013 Article IV Consultations and Third Post-Program Monitoring Discussions
Series: Country Report No. 13/256
August 07, 2013 -- Iceland: Selected Issues
Series: Country Report No. 13/257
June 14, 2013 -- Iceland--Concluding Statement of an IMF mission for the 2013 Article IV Consultation and the Third Post-Program Monitoring Discussion
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 20, 2013 -- IMFC Statement by Anders Borg, Minister of Finance, Ministry of Finance, Sweden
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 156Kb
March 07, 2013 -- Communication, Engagement, and Effective Economic Reform: The IMF Experience, By Nemat Shafik, Deputy Managing Director, International Monetary Fund, London
November 19, 2012 -- Public Information Notice: IMF Executive Board Concludes Second Post-Program Monitoring Discussion with Iceland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
November 19, 2012 -- Iceland: Second Post-Program Monitoring Discussions
Series: Country Report No. 12/309
November 01, 2012 -- Allocating Business Income between Capital and Labor under a Dual Income Tax: The Case of Iceland
Author/Editor: Matheson, Thornton | Kollbeins, Pall
Series: Working Paper No. 12/263
October 13, 2012 -- IMFC Statement by Anders Borg, Minister of Finance, Sweden
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 523Kb
October 12, 2012 -- Statement by the Hon. Ossur Skarphédinsson, Governor of the World Bank Group for Iceland, on behalf of the Bank Nordic Countries
PDF File Size: 470Kb
September 28, 2012 -- Iceland: Concluding Statement of an IMF mission for the Second Post-Program Monitoring Discussions
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
June 22, 2012 -- Press Release: Iceland Repays Early Some Outstanding Obligations to the IMF
April 21, 2012 -- IMFC Statement by Margrethe Vestager, Minister for Economic Affairs and the Interior, Denmark
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 542Kb
April 12, 2012 -- Public Information Notice: IMF Executive Board Concludes 2012 Article IV Consultation with Iceland and Ex Post Evaluation of Exceptional Access Under the 2008 Stand-By Arrangement
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 12, 2012 -- Transcript of a Conference Call on Iceland 2012 Article IV Consultation
April 12, 2012 -- Iceland: Staff Report for the 2012 Article IV Consultation and First Post- Program Monitoring Discussion
Series: Country Report No. 12/89

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