The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Iceland decreased by 1.1 percentage points from 36.1% in 2020 to 35.1% in 2021. Between 2020 and 2021, the OECD average increased from 33.6% to 34.1%.
Dagur Eggertsson, Mayor of Reykjavik (Iceland) will launch his Chairmanship of the OECD Champion Mayors for Inclusive Growth Initiative with a visit to Paris on 8- 9 September. He will use the visit as an opportunity to present his vision and priorities for the future of the Initiative.
Rising exports are helping to restore economic growth in Iceland after the blow from the COVID-19 crisis, even though tourism is still recovering. Further diversifying the economy and pursuing structural reforms to boost productivity growth will be key to building a strong and sustainable recovery, according to a new OECD report.
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Iceland consumes 9.1 litres of pure alcohol per capita per year, roughly equivalent to 1.9 bottles of wine or 3.5 litres of beer per week per person aged 15 and over. In addition, in Iceland, some population groups are at higher risk than others.
Detection of foreign bribery, as well as awareness of related risks, are still lacking in Iceland. In spite of having been one of the original signatories to the OECD Anti-Bribery Convention, Iceland has only recently commenced its first foreign bribery investigation. Detection of foreign bribery by the Icelandic authorities needs therefore to be significantly improved.
Biographical note of Iceland's Permanent Representative to the OECD.
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This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.
The roundtable will launch the OECD's Government at a Glance 2021, a flagship OECD report which provides a comprehensive set of rigorous, internationally comparable data on government resources, activities and results in OECD countries and beyond.
Sound macroeconomic policies and favourable external conditions have enabled Iceland’s economy to emerge stronger from a decade of post-crisis management. Yet the impact on growth from a drop in tourist arrivals and seafood exports underlines the need for reforms to open up and diversify the economy and improve its resiliency to sectoral shocks, according to the latest OECD Economic Survey of Iceland.