
The Icelandic pension system is one of the strongest in the world. Through foresight, Icelanders have managed to build a nearly fully funded system. The sheer scale of the system does, however, bring certain challenges with it. Mandatory saving is higher here than anywhere else, and the pension …
18 August 2026

Moderate growth is expected despite persistent inflation and rising unemployment. Export diversification continues to increase, and tourism remains resilient though faced with multiple challenges. This is according to The Icelandic Economy, a newly published report by the Chamber of Commerce on …
6 August 2026

Traffic on trunk roads out of the capital region has grown far beyond the pace at which those roads have been developed. On long 1+1 stretches the slowest vehicle sets the pace, and the delays cost society billions of krónur every year. Benefits could be maximised through 2+2 roads and a 110 km/h …
16 July 2026

The Iceland Chamber of Commerce has reviewed the economic impact of the government's legislative bills during the parliamentary session that has just ended. In total, 52 bills had significant economic effects, and their overall impact is somewhat negative. The impact varied by ministry, but the …
24 June 2026

Iceland falls seven places year-on-year in competitiveness and now sits in 22nd place out of 70 countries in 2026. Iceland's competitiveness declines across every main factor of the assessment by the IMD business school in Switzerland, which carries out an annual review of national competitiveness.
18 June 2026

A government-appointed working group proposed 57 streamlining measures in spring 2025, after the government invited efficiency proposals from the public. Of the 57 proposed measures, 5 have been implemented, 20 are in progress, 6 are planned, and work has not begun on 26. It is important that the …
4 June 2026

Iceland’s economy slowed down last year after a strong recovery, but the outlook for coming years is optimistic. The population grows rapidly, mostly thanks to immigration. Export industries have strengthened significantly. The country continues to improve it's competitiveness. All this and more are …
7 August 2025

More than ten thousand people are waiting for surgery in Iceland, and more than a third of them have been waiting for over a year. The service is free at the point of delivery, but the cost is paid in time, and those who can pay for it themselves or fly abroad avoid the queue. Viðskiptaráð proposes …

Taxes on a new petrol SUV now exceed its import price, and Iceland is among the European countries that tax new cars most heavily. Analysis by Viðskiptaráð shows that these charges have fuelled inflation and are keeping older, more polluting and more dangerous cars on the roads for longer. …

The shortening of the working week has not delivered the intended results. The average number of working hours has fallen from 39.5 to 35.9 hours per week, equivalent to ISK 223 billion in lost GDP in 2025, even when account is taken of the lower productivity of the lost working hours. Furthermore, …

The Iceland Chamber of Commerce has published a new edition of The Icelandic Economy, a report giving a unique and comprehensive overview of the economy. The report covers the development of short-term indicators, the current state and outlook of the economy, external trade in goods and services, …

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy, a report giving a unique and comprehensive overview of the economy.

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy, a report giving a unique and comprehensive overview of the economy.

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy, a report giving a unique and comprehensive overview of the economy.

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy, a report giving a unique and comprehensive overview of the economy.

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy. The report is in English and gives a unique and comprehensive overview of the economy.

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy. The report is in English and gives a unique and comprehensive overview of the economy.

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy. The report is in English and gives a unique and comprehensive overview of the economy.

The Iceland Chamber of Commerce has published a new quarterly edition of The Icelandic Economy, which gives a unique and comprehensive overview of the economy.

A new analysis on Iceland’s bilateral trade patterns.
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