Iceland In-depth PESTLE Insights

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
Scope
  • 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.
Reasons to Buy
  • 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

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings