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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.

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?

Key Highlights
- 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.

Table Of Contents

Country Analysis Report: Iceland, In-depth PESTLE Insights
Table of Contents
Overview
Catalyst
Summary
Key findings
PESTLE highlights
Key fundamentals
Key Facts and Geographic Location
Key facts
Geographical location
PESTLE Analysis
Summary
Political analysis
Overview
Current strengths
Current challenges
Future prospects
Economic analysis
Overview
Current strengths
Current challenges
Future prospects
Fiscal Policy
Future risks
Social analysis
Overview
Current strengths
Gender equality
Current challenges
Future prospects
Future risks
Technological analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Legal analysis
Overview
Current strengths
Conducive business environment
Regulatory efficiency
Current challenges
Future prospects
Future risks
Environmental analysis
Overview
Current strengths
Robust performance on environmental parameters
Current challenges
Future prospects
Future risks
Political Landscape
Summary
Evolution
Structure and policies
Key political figures
Structure of government
Key political parties
Composition of government
Key policies
Economic
Social
Foreign and defense policies
Performance
Governance indicators
Outlook
Economic Landscape
Summary
Evolution
Structure and policies
Financial system overview
Financial authorities and regulators
Stock exchange
Insurance
Key policies
Performance
GDP and growth rate
GDP composition by sector
Fiscal situation
Current account
Foreign trade
External debt
International investment position
Credit rating
Monetary situation: key monetary indicators
Banking sector
Employment
Outlook
Social Landscape
Summary
Evolution
Structure and policies
Demographic composition
Education
Healthcare
Social welfare
Performance
Healthcare
Income distribution
Education
Outlook
Technological Landscape
Summary
Evolution
Structure and policies
Intellectual property
Research and development
Performance
Opportunity sectors
Research and development
Outlook
Legal Landscape
Summary
Evolution
Structure and policies
Judicial system
Tax regulations
VAT
Performance
Effectiveness of the legal system
Outlook
Environmental Landscape
Summary
Evolution
Structure and policies
Environmental regulations
Natural resources management and pollution reduction
International co-operation
Performance
Environmental impact
Outlook
Appendix
ISO codes of selected countries
Ask the analyst
Disclaimer

List of Tables
Table 1: Iceland - key fundamentals
Table 2: Iceland - key facts
Table 3: Analysis of Iceland's political landscape
Table 4: Analysis of Iceland's economic landscape
Table 5: Analysis of Iceland's social landscape
Table 6: Analysis of Iceland's technology landscape
Table 7: Analysis of Iceland's legal landscape
Table 8: Analysis of Iceland's environmental landscape
Table 9: Mid-year population by age (as a percentage of population, by gender), 2014
Table 10: Patents granted by the USPTO, 2008-14

List of Figures
Figure 1: Map of Iceland
Figure 2: Regulatory Quality, 2014
Figure 3: Growth performance among select countries, 2008-15
Figure 4: Real house price index, 2003-15
Figure 5: Labor productivity, 2002-14
Figure 6: Service trade restrictiveness index , 2013
Figure 7: Budget deficit, 2008-16
Figure 8: Improving public finances, 2008-14
Figure 9: Real wage index
Figure 10: Value added revenue ratio, 2014
Figure 11: Female labor participation rate, 2015
Figure 12: Tertiary education enrollment rates (25-64 year old) , 2014
Figure 13: Public spending on childcare and pre-primary education, 2011
Figure 14: Obese population aged 15 and above, 2013
Figure 15: Cash benefits as a percentage of GDP, 2015
Figure 16: Public social expenditure, 2014
Figure 17: Rising disability rolls, 2013
Figure 18: Redistributive effect of tax transfer, 2010
Figure 19: Poverty rates, 2012
Figure 20: Ratio of the inactive elderly population aged 65 and over to the labor force
Figure 21: Ratio of the inactive elderly population aged 65 and over to the labor force in Iceland
Figure 22: Internet access, 2002-14
Figure 23: Internet access, country comparison, 2014
Figure 24: The quantity of scientific production, 2003-12
Figure 25: Business enterprise expenditure on RandD, 2003 and 2013
Figure 26: Internet connection speed, September 2012
Figure 27: Prices of fixed broadband basket, 33GB, 15 Mbit/s and above, September 2012
Figure 28: Product market regulation, 2013
Figure 29: Barriers to entrepreneurship, 2013
Figure 30: Greenhouse gas emissions per capita
Figure 31: Energy intensity, 2014
Figure 32: Change in energy intensity, since 2000
Figure 33: Iceland - key political events timeline
Figure 34: Iceland - key political figures
Figure 35: Distribution of seats by political parties in the April 2013 elections
Figure 36: Iceland's historical GDP growth, 2005-15
Figure 37: Organizational chart of the FME
Figure 38: GDP and growth rate in Iceland, 2010-20f
Figure 39: Sector-specific GDP in Iceland, 2015
Figure 40: Agricultural output in Iceland, 2010-15
Figure 41: Industrial output in Iceland, 2010-15
Figure 42: Services output in Iceland, 2010-15
Figure 43: Iceland's external trade position, 2011-15
Figure 44: Consumer price index and CPI-based inflation in Iceland, 2010-20
Figure 45: Unemployment rate in Iceland, 2010-20f
Figure 46: Major religions in Iceland, 2015
Figure 47: Total healthcare expenditure in Iceland, 2007-13
Figure 48: Government expenditure on education in Iceland, 2008-14
Figure 49: Internet users in Iceland, 2010-14
Figure 50: Carbon dioxide emissions in Iceland, 2006-13

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