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March 9, 2015
August 1, 2013
November 12, 2012
April 6, 2012
August 26, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 2.9 3
Consumer Prices 2.5 3.3
Source: World Economic Outlook (October 2014)
Please refer to more recent Press Release/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 March 13, 2015

The last Article IV Executive Board Consultation was on March 09, 2015. Listed below are items related to Iceland, in reverse chronological order (you can also view items by category).

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March 02, 2012 -- Iceland- 2012 Article IV Consultation Concluding Statement of the IMF Mission
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.
January 12, 2012 -- Iceland : Technical Assistance Report on a New Organic Budget Law
Series: Country Report No. 12/4
November 03, 2011 -- IMF Survey: Iceland's Unorthodox Policies Suggest Alternative Way Out of Crisis
As policymakers continue to grapple with the problems facing the crisis-hit countries in the euro area and the clouded economic outlook for the global economy, attention has turned to Iceland, which three years ago saw its entire banking system crumble in just a few days.
October 28, 2011 -- “Global Economic Challenges and Fostering Future Prosperity” Address at the University of Iceland by IMF Deputy Managing Director Nemat Shafik
October 24, 2011 -- IMF Survey: Iceland's Recovery: Can the Lessons Be Applied Elsewhere?
As the first country to experience the full force of the global economic crisis, Iceland is now being up as an example by some of how to overcome deep economic dislocation without undoing the social fabric.
October 20, 2011 -- Transcript of a Press Briefing by Gerry Rice, Acting Director, External Relations Department, International Monetary Fund.
October 03, 2011 -- Press Release: Iceland, IMF Announce International Conference on Lessons, Challenges of Economic Crisis
September 24, 2011 -- IMFC Statement by Nils Bernstein, Governor and Chairman of the Board of Governors, Danmarks Nationalbank, Denmark
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 271Kb
August 31, 2011 -- Transcript of a Conference Call on the Conclusion of the Sixth Review under the IMF-supported program with Iceland
August 31, 2011 -- Iceland: Sixth Review Under the SBA and Proposal for Post-Program Monitoring - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland.
Series: Country Report No. 11/263
August 26, 2011 -- Press Release: IMF Completes Sixth and Final Review Under the Stand-By Arrangement for Iceland
August 16, 2011 -- Iceland -- Letter of Intent, and Technical Memorandum of Understanding, August 16, 2011
PDF File Size: 465Kb
July 01, 2011 -- Press Release: Statement by an IMF Mission to Iceland
June 16, 2011 -- Iceland : Advancing Tax Reform and the Taxation of Natural Resources
Series: Country Report No. 11/138
June 06, 2011 -- Transcript of a Conference Call on Iceland
June 06, 2011 -- Iceland : Fifth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria and Rephasing of Access—Staff Report; Informational Annex; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland.
Series: Country Report No. 11/125
June 03, 2011 -- Press Release: IMF Completes Fifth Review Under the Stand-By Arrangement for Iceland
May 19, 2011 -- Iceland -- Letter of Intent, and Technical Memorandum of Understanding, May 19, 2011
PDF File Size: 542Kb
May 05, 2011 -- Press Release: Statement by the IMF Mission to Iceland
April 16, 2011 -- IMFC Statement by Sigbjoern Johnsen, Minister of Finance, Ministry of Finance, Norway
On behalf of: Denmark, Republic of Estonia, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 470Kb

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