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Iceland

Iceland · ISL · Europe

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Iceland is a Nordic island nation known for its dramatic landscape with volcanoes, geysers, hot springs, and lava fields. It has a small, highly developed economy reliant on fishing, tourism, and aluminum smelting, with a strong commitment to renewable energy. The country maintains a high standard of living and robust social welfare system.

Leadership

Guðni Th. Jóhannesson

President

GOVERNMENT: Parliamentary Republic

Economy

GDP

$35.0B

GDP per Capita

$90.0K

GDP Growth

+2.5%

Inflation

3.0%

Unemployment

3.5%

TourismFishing and seafood processingAluminum smeltingGeothermal and hydropower energySoftware and biotechnology

Trade

Key Exports

Fish and fish productsAluminumFerrosiliconMedical instrumentsTourism services

Key Imports

Machinery and equipmentPetroleum productsFoodstuffsTextilesVehicles

Top Partners

NetherlandsGermanyUnited KingdomUnited StatesNorway

Headlines (7)

protothemaAug 9

Total Solar Eclipse on August 12: Europe prepares for a rare celestial spectacle

arynewsAug 9

UK solar eclipse and meteor shower will light up the sky this Wednesday

theguardiantheguardianAug 9

Let local communities be the stewards of their own wildlife | Letter

thelincolnianonlineAug 9

Duos Technologies Group (NASDAQ:DUOT) & WhiteFiber (NASDAQ:WYFI) Head-To-Head Survey

nbcchicagoAug 9

How to spot the Perseid meteor shower, a summer light show that promises to dazzle

adomonlineAug 9

Evelyn Badu: The making of a star from Seikwa

liverpoolechoAug 9