Iceland Export Prices
Iceland · Annual series · EC-IS-EP
Latest, 2023
137.8 pts
-0.4% from 2022
Forecast
Forecast for 2026: 142.3 pts, with an 80% interval of 85.9 pts to 206.0 pts.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| 2024 | 138.3 pts | 118.6 pts | 160.8 pts |
| 2025 | 140.2 pts | 97.2 pts | 190.0 pts |
| 2026 | 142.3 pts | 85.9 pts | 206.0 pts |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- 0%Matches the no-change baseline over 12 tests (12 tests, 6 won)
- Direction
- 64%No clear edge over a coin flip (23 of 36 calls right in 12 tests)
- Turning points
- 0 of 10Anticipated no turn, as the no-change baseline does (10 turns in 12 tests, 5 without a turn)
- Error vs baseline
- About the sameError ratio 1.00; 1.00 is a tie.
- Tests won
- 6 / 12Complete rolling backtests; ties count as no win.
- Test period
- 1988-12-01 to 2023-12-013 observations ahead per test.
- 80% band coverage
- 86%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2023-12-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 89% of the 9 earlier readings since 2014.
Recent history (24 observations)
| Period | Value |
|---|---|
| 2023 | 137.8 pts |
| 2022 | 138.4 pts |
| 2021 | 116.2 pts |
| 2020 | 106.4 pts |
| 2019 | 100.0 pts |
| 2018 | 93.7 pts |
| 2017 | 86.8 pts |
| 2016 | 90.1 pts |
| 2015 | 100.0 pts |
| 2014 | 98.1 pts |
| 2013 | 99.5 pts |
| 2012 | 102.6 pts |
| 2011 | 101.0 pts |
| 2010 | 94.4 pts |
| 2009 | 86.8 pts |
| 2008 | 76.0 pts |
| 2007 | 55.9 pts |
| 2006 | 56.4 pts |
| 2005 | 46.5 pts |
| 2004 | 48.6 pts |
| 2003 | 47.8 pts |
| 2002 | 51.1 pts |
| 2001 | 51.7 pts |
| 2000 | 42.4 pts |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Iceland Export Prices in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
Also stored for Iceland
- Iceland Asylum Applications
- Iceland Balance Of Trade
- Iceland Bankruptcies
- Iceland Banks Balance Sheet
- Iceland CPI Housing Utilities
- Iceland CPI Transportation
- Iceland Capital Flows
- Iceland Car Registrations
- Iceland Central Bank Balance Sheet
- Iceland Changes In Inventories
- Iceland Consumer Confidence Index
- Iceland Consumer Price Index