Iceland
Total report count: 3
- All
- Country Briefing
- Country Report
- Strategy Briefing
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The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Iceland covers production and consumption trends in agricultural commodities, energy products, electricity, metal products as well as an overview of key economic and business environment trends.
Iceland benefits from its low levels of corruption, political stability and economic freedom. The economy is set for a strong performance, leans heavily on sectors like tourism and fishing, alongside a stable currency and progressive tax incentives for innovation. The society is urban and ageing, with a high standard of living. Iceland stands out with its high internet accessibility, growing mobile subscriptions, and progressiveness in adopting digital technologies in finance and healthcare.
Sustainability is high on the agenda among Nordic consumers which has led to local businesses investing resources into acting in a sustainable fashion. Collaboration, innovation and resource consciousness among businesses are some tools that have been used by both start-ups as well as larger companies in an effort to adhere to consumers’ wishes to have options for engaging in environmentally-conscious consumption patterns.
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