Currency of Iceland parliamentary sigmundur David Gunnlagasson
The GDP of Iceland is $40,700 life expectancy is 81/84 Literacy rate is 99/99 Iceland’s economic freedom score is 72.0, making its economy the 26th freest in the 2015 Index. Its overall score has decreased by 0.4 point since last year, with combined declines in freedom from corruption, fiscal freedom, business freedom, and the management of public spending outweighing improvements in labor freedom and monetary freedom. Iceland is ranked 14th out of 43 countries in the Europe region, and its overall score remains well above the world and regional averages.
Iceland’s score change in the 2015 Index is negative for the first time in five years. Nonetheless, economic freedom has still advanced by 3.8 points in the past half-decade, led by gains in fiscal freedom, government spending, labor freedom, monetary freedom, and investment freedom. |