Iceland Economic Snapshot

2019 Reform Priorities


27 June 2017 - Economic Survey of Iceland

Iceland is currently the OECD’s fastest growing economy. It has made a remarkable turnaround from the crisis, helped by staggering growth of tourism, prudent economic policies and a favourable external environment. Imbalances have been corrected and, after 8 years, capital controls have essentially been lifted. Iceland has an egalitarian society with strong trade unions, very low inequality and high gender balance.