OECD Economic Surveys: Iceland 2019

Download or read book OECD Economic Surveys: Iceland 2019 written by OECD and published by OECD Publishing. This book was released on 2019-10-09 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Iceland has rapidly caught up with the richest OECD economies. Favourable external conditions and good policies helped create inclusive growth, low unemployment, low inflation, and sustainable public finances. The economy is very egalitarian, and living standards are among the highest in the OECD. Yet growth is now turning sharply due to a rapid decline in tourist arrivals and weak marine exorts, with growth projected to slow to around zero in 2019.