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Iceland

Iceland · ISL · Europe

25

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Iceland is a Nordic island nation known for its dramatic volcanic landscape, geothermal activity, and a small, highly developed economy. It boasts a high standard of living, a strong social welfare system, and a commitment to renewable energy. Geopolitically, Iceland maintains strong ties with other Nordic countries and NATO, playing a role in Arctic affairs.

Leadership

Guðni Th. Jóhannesson

President

GOVERNMENT: Unitary parliamentary republic

Economy

GDP

$35.0B

GDP per Capita

$90.0K

GDP Growth

+2.5%

Inflation

3.0%

Unemployment

3.5%

TourismFisheriesAluminum SmeltingRenewable EnergyBiotechnology

Trade

Key Exports

Fish productsAluminumFerrosiliconMedical productsTourism services

Key Imports

Machinery and equipmentPetroleum productsFoodstuffsTextiles

Top Partners

NetherlandsGermanyUnited KingdomUnited StatesNorway