News and articles

In a new short video, the Iceland Chamber of Commerce reviews the state of the Icelandic economy in 60 seconds — inflation, interest rates, unemployment, foreign trade and Iceland's standing in international comparisons.

18 Icelandic companies were awarded the title of Exemplary Company in Good Governance for 2025–2026. The awards are presented by Stjórnvísi, Viðskiptaráð Íslands (the Iceland Chamber of Commerce), Samtök atvinnulífsins (the Confederation of Icelandic Enterprise) and Nasdaq Iceland.

Birta Karen Tryggvadóttir, an economist in Viðskiptaráð's policy division, discusses Iceland's pension system, one of the strongest in the world. Viðskiptaráð puts forward four proposals for the pension system: reducing the mandatory contribution rate from 15.5% to 12%, having fund members elect …

In a new short video, Lísbet Sigurðardóttir, legal counsel at the Iceland Chamber of Commerce, discusses how heavily alcohol is taxed in Iceland. Public levies and duties can amount to around 80% of the retail price, and she considers whether taxation is the most effective way to improve public …

Lísbet Sigurðardóttir, legal counsel at the Iceland Chamber of Commerce, examines simplistic characterisations of oligopoly and argues that it is important to distinguish between oligopoly and a lack of competition. She also argues that the authorities should look to what they themselves control …

Pay Day 2026 is today, 28 June. From today, an employee starts working for their take-home pay, whereas from the beginning of the year until now they have been working for taxes, pension rights, and pension savings.

Birta Karen Tryggvadóttir, economist at the Iceland Chamber of Commerce policy division, and Jakob Lars Kristmannsson, specialist at the Iceland Chamber of Commerce policy division, discuss the results of the new IMD competitiveness survey in which Iceland falls seven places year-on-year and now …

“The future of Icelandic society depends to a great extent on whether we succeed in building an education system that combines ambition, transparency, and clear metrics for performance.” This was among the remarks made by Andri Þór Guðmundsson, chairman of the Iceland Chamber of Commerce, in an …

Birta Karen Tryggvadóttir, economist in the Iceland Chamber of Commerce's policy division, discusses the newly approved fiscal plan and why the target of a balanced budget in 2027 will not be met without changes.

One year has now passed since the Iceland Chamber of Commerce submitted a complaint to the EFTA Surveillance Authority (ESA) concerning unlawful state aid in the housing market. The Authority still has the case under review.

Björn Brynjúlfur Björnsson, CEO of the Iceland Chamber of Commerce, discusses the dispute between Icelandair and its pilots and asks whether a small group should be able to hold a stranglehold on one of the most important lifelines of Icelandic society.

The Bilateral Chambers welcome the Finnish-Icelandic Chamber of Commerce under their umbrella, which now includes 17 chambers.

A new board of the Arbitration Court of the Iceland Chamber of Commerce assumed its duties in May. Garðar Víðir Gunnarsson is the new chairman of the court, and Finnur Magnússon has joined the board.

The appointment of Björn Brynjúlfur Björnsson as Managing Director of Iceland Chamber of Commerce has been finalized.

María Guðjónsdóttir will join The Chamber as General Counsel in August

"The system enables us to receive, store, and verify all digital data"

Denmark, Norway, and Sweden contributed to 13.9% of total foreign trade in Iceland in 2021

The Spanish-Icelandic Chamber of Commerce hosted a delegation from the Canary Islands. The purpose of the visit was to learn about Iceland's path to ecological and digital transition.

The Annual Iceland Business Forum 2021 will be held on Thursday 27 May from 9AM to 10AM (Icelandic time). This time the forum will be streamed online.