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Insolvencies down by 17,4% between 2012-2013

In December 2013, 172 new private limited companies were registered compared with 147 in December 2012. The largest number of new registrations was in financial and insurance activities. In the year 2013, 1,938 new private limited companies were registered, which is 10,6% increase compared with the year 2012. In December 2013, there were 54 corporate insolvencies compared with 135 in December 2012. 

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Unemployment 4.4% in December

According to the Icelandic Labour Force Survey the number of persons in the labour force in December 2013 was 185,100. Of those in the labour force 176.900 persons where employed and 8,200 persons where unemployed. The activity rate was 80.9%, the employment rate was 77.3% and the unemployment rate was 4.4%. 

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