Iceland has steadily recovered from the financial crisis. Key challenges to ensuring sustained growth and high levels of wellbeing include consolidating macroeconomic stability, locking in progress in fiscal policy and lifting productivity growth.
There are now 42 adherents to the OECD Declaration on Green Growth. Lithuania has joined Costa Rica, Colombia, Croatia, Latvia, Morocco, Tunisia, as well as OECD members in having adhered to the declaration. Latest reports are now available on Zambia, Slovak Republic, Slovenia, Korea and Latvia.
Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.
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This note presents selected findings based on the set of well-being indicators used for the Better Life initiative and shows what users of the Better Life Index are telling us about their well-being priorities.
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Iceland is ranked 22nd among the 34 OECD member countries in decreasing order with a tax wedge for an average single worker at 33.5% in 2014, compared with the OECD average of 36.0%.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Iceland.
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This country note from Going for Growth 2015 for Iceland identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
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The tax burden in Iceland increased by 0.2 percentage points from 35.3% to 35.5% in 2013. The corresponding figure for the OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Icelandic standard VAT rate is 25.5%, the second highest of the OECD countries and far above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country factsheets from the publication OECD Regional Outlook 2014.