Iceland In-depth PESTLE Insights
Iceland In-depth PESTLE Insights
Abstract
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?
Content
Table of Contents
1. OVERVIEW
1.1. Catalyst
1.2. Summary
1.2.1. Key findings
1.2.2. PESTLE highlights
1.2.3. Key fundamentals
1.3. Recovery of the economy from the COVID-19 crisis
1.3.1. Snapshot
1.3.2. Vaccination
1.3.3. Government measures
1.3.4. Lockdown measures
1.3.5. Travel restrictions
1.3.6. Impact on the economy
2. KEY FACTS AND GEOGRAPHIC LOCATION
2.1. Key facts
2.2. Geographical location
3. PESTLE ANALYSIS
3.1. Summary
3.2. Political analysis
3.2.1. Overview
3.2.2. Current strengths
3.2.3. Current challenges
3.2.4. Future prospects
3.2.5. Future risks
3.3. Economic Analysis
3.3.1. Overview
3.3.2. Current strengths
3.3.3. Current challenges
3.3.4. Future prospects
3.3.5. Future risks
3.4. Social analysis
3.4.1. Overview
3.4.2. Current strengths
3.4.3. Current challenges
3.4.4. Future Prospects
3.4.5. Future risks
3.5. Technological analysis
3.5.1. Overview
3.5.2. Current strengths
3.5.3. Current challenges
3.5.4. Future prospects
3.5.5. Future risks
3.6. Legal analysis
3.6.1. Overview
3.6.2. Current strengths
3.6.3. Current challenges
3.6.4. Future prospects
3.6.5. Future risks
3.7. Environmental analysis
3.7.1. Overview
3.7.2. Current strengths
3.7.3. Current challenges
3.7.4. Future prospects
3.7.5. Future risks
4. POLITICAL LANDSCAPE
4.1. Summary
4.2. Structure and policies
4.2.1. Key political figures
4.2.2. Structure of government
4.2.3. Key political parties
4.2.4. Composition of government
4.2.5. Key policies
4.2.6. Economic
4.2.7. Social
4.2.8. Foreign and defense policies
4.3. Performance
4.3.1. Governance indicators
4.4. Outlook
5. ECONOMIC LANDSCAPE
5.1. Summary
5.2. Evolution
5.3. Structure and policies
5.3.1. Financial system overview
5.3.2. Financial authorities and regulators
5.3.3. Stock exchange
5.4. Performance
5.4.1. GDP and growth rate
5.4.2. GDP composition by sector
5.4.3. Fiscal situation
5.4.4. Current account
5.4.5. Foreign trade
5.4.6. Government gross debt
5.4.7. International investment position
5.4.8. Monetary situation: key monetary indicators
5.4.9. Employment
5.5. Outlook
6. SOCIAL LANDSCAPE
6.1. Summary
6.2. Evolution
6.3. Structure and policies
6.3.1. Demographic composition
6.3.2. Education
6.3.3. Healthcare
6.3.4. Social welfare
6.4. Performance
6.4.1. Healthcare
6.4.2. Income distribution
6.4.3. Education
6.5. Outlook
7. TECHNOLOGICAL LANDSCAPE
7.1. Summary
7.2. Evolution
7.3. Structure and policies
7.3.1. Intellectual property
7.3.2. Research and development
7.4. Performance
7.4.1. Opportunity sectors
7.5. Outlook
8. LEGAL LANDSCAPE
8.1. Summary
8.2. Evolution
8.3. Structure and policies
8.3.1. Tax regulations
8.3.2. VAT
8.4. Performance
8.4.1. Effectiveness of the legal system
8.5. Outlook
9. ENVIRONMENTAL LANDSCAPE
9.1. Summary
9.2. Evolution
9.3. Structure and policies
9.3.1. Environmental regulations
9.3.2. Natural resources management and pollution reduction
9.3.3. International cooperation
9.4. Performance
9.4.1. Environmental impact
9.5. Outlook
10. APPENDIX
10.1. Ask the analyst
10.2. Disclaimer
List of Tables
Table 1: Iceland - Key fundamentals, 2020-27f
Table 2: Iceland - Key facts, 2023
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 technological landscape
Table 7: Analysis of Iceland’s legal landscape
Table 8: Analysis of Iceland’s environmental landscape
Table 9: Estimated reduction in emissions under the Effort Sharing Regulation, 2005-30
Table 10: Iceland - Mid-year population by age (% of population, by gender), 2022
Table 11: Patents granted by the USPTO, 2012-21
List of Figures
Figure 1: Map of Iceland, 2023
Figure 2: Regulatory quality (percentile rank, 0-100), 2021-22
Figure 3: Employment rate (%), Q3 2022
Figure 4: Iceland - Current account balance (%), 2018-22e
Figure 5: Iceland - General government gross debt ($ billion), 2018-27f
Figure 6: Government financial wealth (% of GDP), 2017-21
Figure 7: Female labor participation rate (%), 2021
Figure 8: Public social expenditure (% of GDP), 2019
Figure 9: Social benefits to households (% of GDP), 2021
Figure 10: Iceland - Old age dependency ratio (%), 2000-50f
Figure 11: Iceland - R&D expenditure (% of GDP), 2010-21
Figure 12: Tax wedge (% of labor cost), 2021
Figure 13: Product market competitiveness, 2019
Figure 14: Iceland - FDI restrictiveness index comparison, 2020
Figure 15: Iceland - Key political events timeline
Figure 16: Iceland - Key political figures
Figure 17: Iceland - Percentage of votes by political party, September 2021 elections
Figure 18: Iceland - GDP growth (%), 2012-22e
Figure 19: Iceland - FME’s organizational chart
Figure 20: Iceland - ICEXI index, December 2021-January 2023
Figure 21: Iceland - GDP and growth rate ($ billion/%), 2018-27f
Figure 22: Iceland - Sector-specific GDP (%), 2022
Figure 23: Iceland - Agricultural output (ISK billion/%), 2018-23f
Figure 24: Iceland - Industrial output (ISK billion/%), 2018-23f
Figure 25: Iceland - Services output (ISK trillion/%), 2018-23f
Figure 26: Iceland - External trade (%), 2018-27f
Figure 27: Iceland - Consumer price index and CPI-based inflation, 2018-27f
Figure 28: Iceland - Unemployment rate (thousands/%), 2018-27f
Figure 29: Iceland - Major religions (%), 2021
Figure 30: Iceland - Total government healthcare expenditure ($ billion/% of GDP), 2012-23f
Figure 31: Iceland - Public expenditure on education ($ billion/% of GDP), 2012-23f
Figure 32: Iceland - Internet users (thousands/%), 2018-23f
Figure 33: Iceland - Carbon dioxide emissions (million tonnes/%), 2012-21
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?
Table of Contents
1. OVERVIEW
1.1. Catalyst
1.2. Summary
1.2.1. Key findings
1.2.2. PESTLE highlights
1.2.3. Key fundamentals
1.3. Recovery of the economy from the COVID-19 crisis
1.3.1. Snapshot
1.3.2. Vaccination
1.3.3. Government measures
1.3.4. Lockdown measures
1.3.5. Travel restrictions
1.3.6. Impact on the economy
2. KEY FACTS AND GEOGRAPHIC LOCATION
2.1. Key facts
2.2. Geographical location
3. PESTLE ANALYSIS
3.1. Summary
3.2. Political analysis
3.2.1. Overview
3.2.2. Current strengths
3.2.3. Current challenges
3.2.4. Future prospects
3.2.5. Future risks
3.3. Economic Analysis
3.3.1. Overview
3.3.2. Current strengths
3.3.3. Current challenges
3.3.4. Future prospects
3.3.5. Future risks
3.4. Social analysis
3.4.1. Overview
3.4.2. Current strengths
3.4.3. Current challenges
3.4.4. Future Prospects
3.4.5. Future risks
3.5. Technological analysis
3.5.1. Overview
3.5.2. Current strengths
3.5.3. Current challenges
3.5.4. Future prospects
3.5.5. Future risks
3.6. Legal analysis
3.6.1. Overview
3.6.2. Current strengths
3.6.3. Current challenges
3.6.4. Future prospects
3.6.5. Future risks
3.7. Environmental analysis
3.7.1. Overview
3.7.2. Current strengths
3.7.3. Current challenges
3.7.4. Future prospects
3.7.5. Future risks
4. POLITICAL LANDSCAPE
4.1. Summary
4.2. Structure and policies
4.2.1. Key political figures
4.2.2. Structure of government
4.2.3. Key political parties
4.2.4. Composition of government
4.2.5. Key policies
4.2.6. Economic
4.2.7. Social
4.2.8. Foreign and defense policies
4.3. Performance
4.3.1. Governance indicators
4.4. Outlook
5. ECONOMIC LANDSCAPE
5.1. Summary
5.2. Evolution
5.3. Structure and policies
5.3.1. Financial system overview
5.3.2. Financial authorities and regulators
5.3.3. Stock exchange
5.4. Performance
5.4.1. GDP and growth rate
5.4.2. GDP composition by sector
5.4.3. Fiscal situation
5.4.4. Current account
5.4.5. Foreign trade
5.4.6. Government gross debt
5.4.7. International investment position
5.4.8. Monetary situation: key monetary indicators
5.4.9. Employment
5.5. Outlook
6. SOCIAL LANDSCAPE
6.1. Summary
6.2. Evolution
6.3. Structure and policies
6.3.1. Demographic composition
6.3.2. Education
6.3.3. Healthcare
6.3.4. Social welfare
6.4. Performance
6.4.1. Healthcare
6.4.2. Income distribution
6.4.3. Education
6.5. Outlook
7. TECHNOLOGICAL LANDSCAPE
7.1. Summary
7.2. Evolution
7.3. Structure and policies
7.3.1. Intellectual property
7.3.2. Research and development
7.4. Performance
7.4.1. Opportunity sectors
7.5. Outlook
8. LEGAL LANDSCAPE
8.1. Summary
8.2. Evolution
8.3. Structure and policies
8.3.1. Tax regulations
8.3.2. VAT
8.4. Performance
8.4.1. Effectiveness of the legal system
8.5. Outlook
9. ENVIRONMENTAL LANDSCAPE
9.1. Summary
9.2. Evolution
9.3. Structure and policies
9.3.1. Environmental regulations
9.3.2. Natural resources management and pollution reduction
9.3.3. International cooperation
9.4. Performance
9.4.1. Environmental impact
9.5. Outlook
10. APPENDIX
10.1. Ask the analyst
10.2. Disclaimer
List of Tables
Table 1: Iceland - Key fundamentals, 2020-27f
Table 2: Iceland - Key facts, 2023
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 technological landscape
Table 7: Analysis of Iceland’s legal landscape
Table 8: Analysis of Iceland’s environmental landscape
Table 9: Estimated reduction in emissions under the Effort Sharing Regulation, 2005-30
Table 10: Iceland - Mid-year population by age (% of population, by gender), 2022
Table 11: Patents granted by the USPTO, 2012-21
List of Figures
Figure 1: Map of Iceland, 2023
Figure 2: Regulatory quality (percentile rank, 0-100), 2021-22
Figure 3: Employment rate (%), Q3 2022
Figure 4: Iceland - Current account balance (%), 2018-22e
Figure 5: Iceland - General government gross debt ($ billion), 2018-27f
Figure 6: Government financial wealth (% of GDP), 2017-21
Figure 7: Female labor participation rate (%), 2021
Figure 8: Public social expenditure (% of GDP), 2019
Figure 9: Social benefits to households (% of GDP), 2021
Figure 10: Iceland - Old age dependency ratio (%), 2000-50f
Figure 11: Iceland - R&D expenditure (% of GDP), 2010-21
Figure 12: Tax wedge (% of labor cost), 2021
Figure 13: Product market competitiveness, 2019
Figure 14: Iceland - FDI restrictiveness index comparison, 2020
Figure 15: Iceland - Key political events timeline
Figure 16: Iceland - Key political figures
Figure 17: Iceland - Percentage of votes by political party, September 2021 elections
Figure 18: Iceland - GDP growth (%), 2012-22e
Figure 19: Iceland - FME’s organizational chart
Figure 20: Iceland - ICEXI index, December 2021-January 2023
Figure 21: Iceland - GDP and growth rate ($ billion/%), 2018-27f
Figure 22: Iceland - Sector-specific GDP (%), 2022
Figure 23: Iceland - Agricultural output (ISK billion/%), 2018-23f
Figure 24: Iceland - Industrial output (ISK billion/%), 2018-23f
Figure 25: Iceland - Services output (ISK trillion/%), 2018-23f
Figure 26: Iceland - External trade (%), 2018-27f
Figure 27: Iceland - Consumer price index and CPI-based inflation, 2018-27f
Figure 28: Iceland - Unemployment rate (thousands/%), 2018-27f
Figure 29: Iceland - Major religions (%), 2021
Figure 30: Iceland - Total government healthcare expenditure ($ billion/% of GDP), 2012-23f
Figure 31: Iceland - Public expenditure on education ($ billion/% of GDP), 2012-23f
Figure 32: Iceland - Internet users (thousands/%), 2018-23f
Figure 33: Iceland - Carbon dioxide emissions (million tonnes/%), 2012-21
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