Iceland In-depth PESTLE Insights
Summary
This PESTLE country analysis report on Iceland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Synopsis
- Understand the political system in Iceland through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Iceland through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Iceland through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Iceland through analysis of relevant laws and policies, as well as patents data.
- Understand the legal landscape in Iceland through analysis of the judicial system as well as performance of the legal indicators
- Understand the environmental landscape in Iceland through analysis of the environmental regulations and the performance of the environmental indicators
- The political landscape section discusses the evolution of the political scenario in Iceland, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Iceland 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
- What is the outlook in Iceland in terms of political stability, policies towards business, and the popularity of the government?
- How does Iceland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Iceland perform in terms of healthcare, income distribution, and education?
- How does Iceland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
- Overview
- Catalyst
- Summary
- Key findings
- PESTLE highlights
- Key macroeconomic updates
- Key economic updates
- Key fundamentals
- Key Facts and Geographic Location
- Key facts
- Geographic location
- PESTLE Analysis
- Summary
- Political analysis
- Overview
- Current strengths
- Current challenges
- Future prospects
- Future risks
- Economic Analysis
- Overview
- Current strengths
- Current challenges
- Future prospects
- Future risks
- Social analysis
- Overview
- Current strengths
- Current challenges
- Future Prospects
- Future risks
- Technological analysis
- Overview
- Current strengths
- Current challenges
- Future prospects
- Future risks
- Legal analysis
- Overview
- Current strengths
- Current challenges
- Future prospects
- Future risks
- Environmental analysis
- Overview
- Current strengths
- Current challenges
- Future prospects
- Future risks
- Political Landscape
- Summary
- Evolution
- Structure and policies
- Key political figures
- Structure of government
- Legislature
- Provincial governments
- Key political parties
- Composition of government
- Key policies
- Performance
- Governance indicators
- Outlook
- Economic Landscape
- Summary
- Evolution
- Structure and policies
- Financial system overview
- Stock exchange
- Performance
- GDP and growth rate
- GDP composition by sector
- Agriculture
- Industry
- Services
- Fiscal situation
- Current account
- Foreign trade
- International investment position
- Monetary situation: key monetary indicators
- Interest rate
- Employment
- Outlook
- Social Landscape
- Summary
- Evolution
- Structure and policies
- Demographic composition
- Age and gender composition
- Religious composition
- Education
- Healthcare
- Social welfare
- Performance
- Healthcare
- Income distribution
- Outlook
- Technological Landscape
- Summary
- Evolution
- Structure and policies
- Intellectual property
- Research and development
- Performance
- Opportunity sectors
- Outlook
- Legal Landscape
- Summary
- Evolution
- Structure and policies
- Supreme Court
- District courts
- Tax regulations
- Performance
- Outlook
- Environmental Landscape
- Summary
- Evolution
- Structure and policies
- Environmental regulations
- Natural resources management and pollution reduction
- Performance
- Environmental impact
- Outlook
- About MarketLine
- Contact Us
- List of Tables
- Table 1: Key fundamentals, 2021–28f
- Table 2: Key facts, 2024
- Table 3: Analysis of political landscape
- Table 4: Analysis of economic landscape
- Table 5: Analysis of social landscape
- Table 6: Analysis of technological landscape
- Table 7: Analysis of legal landscape
- Table 8: Analysis of environmental landscape
- Table 9: Population by gender (as a percentage of total population), 2023e
- Table 10: Patents granted by the USPTO, 2018–22
- List of Figures
- Figure 1: Key economic indicators trend
- Figure 2: Map of Iceland, 2024
- Figure 3: Regulatory quality (percentile rank, 0–100), 2022
- Figure 4: Employment rate (%), Q3 2023
- Figure 5: Iceland – Government financial wealth (% of GDP), 2016–22
- Figure 6: Iceland – Female labor participation rate (%), 2022
- Figure 7: Iceland – Old age dependency ratio (%), 2000–30f
- Figure 8: Iceland – R&D expenditure (% of GDP), 2012–22
- Figure 9: Tax wedge (% of labor cost), 2022
- Figure 10: Iceland – FDI restrictiveness index comparison, 2020
- Figure 11: Timeline of key political events
- Figure 12: Key political figures
- Figure 13: Distribution of seats of each political party, September 2021
- Figure 14: Iceland – GDP growth (%), 2013–23e
- Figure 15: Iceland – FME’s organizational chart
- Figure 16: Iceland – ICEXI index, February 2023–February 2024
- Figure 17: Iceland – GDP and growth rate ($ billion/%), 2019–28f
- Figure 18: Iceland – Sector-specific GDP (%), 2023e
- Figure 19: Iceland – Agricultural output (ISK billion/%), 2019–24f
- Figure 20: Iceland – Industry output (ISK billion/%), 2019–24f
- Figure 21: Iceland – Services output (ISK billion/%), 2019–24f
- Figure 22: Iceland – Growth in volume of exports and imports (%), 2019–28f
- Figure 23: Iceland – Consumer price index and CPI–based inflation, 2018–27f
- Figure 24: Iceland – Unemployment rate (thousands/%), 2019–28f
- Figure 25: Iceland – Major religions (%), 2021
- Figure 26: Iceland – Total government healthcare expenditure ($ billion/% of GDP), 2013–23e
- Figure 27: Iceland – Public expenditure on education ($ billion/% of GDP), 2013–23e
- Figure 28: Iceland – Internet users (thousands/%), 2019–24f
- Figure 29: Iceland – Carbon dioxide emissions (million tonnes/%), 2013–22
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