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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