Talk:Economy of Iceland

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WikiProject Iceland (Rated B-class, Top-importance)
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WikiProject Economics (Rated B-class, Mid-importance)
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HID index out of place in the first sentence?[edit]

Might the HID index in the first sentence be out of place, when it's not specifically economic, but includes all of these:

Life expectancy, literacy, education, standard of living, and GDP per capita for countries worldwide. It is a standard means of measuring well-being, especially child welfare.

The economy of Iceland is small but well-developed (most developed in the world according to United Nations Human Development Index), with a gross domestic product estimated at US $ 12.172 billion (132nd of 227 countries) in 2005 (and a per capita GDP of $40,277, which is among the world's highest.) Doesn't have a nice flow.

Wouldn't GDP per capita or similar index be a more correct purely economically?

--212.242.32.164 (talk) 12:34, 22 April 2008 (UTC)

Fair use rationale for Image:ISK 100 note.jpg[edit]

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BetacommandBot 23:26, 13 September 2007 (UTC)

Fair use rationale for Image:ISK 100 note.jpg[edit]

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Image:ISK 100 note.jpg is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.

Please go to the image description page and edit it to include a fair use rationale. Using one of the templates at Wikipedia:Fair use rationale guideline is an easy way to insure that your image is in compliance with Wikipedia policy, but remember that you must complete the template. Do not simply insert a blank template on an image page.

If there is other fair use media, consider checking that you have specified the fair use rationale on the other images used on this page. Note that any fair use images uploaded after 4 May, 2006, and lacking such an explanation will be deleted one week after they have been uploaded, as described on criteria for speedy deletion. If you have any questions please ask them at the Media copyright questions page. Thank you.

BetacommandBot 10:54, 1 October 2007 (UTC)

Recent Events for Iceland[edit]

412%? 712%? Really? The UK is pleased with 2%, and is slightly worried about the current rate. This seems very unlikely. Larklight (talk) 20:34, 19 November 2007 (UTC)

removed it for now.
"Iceland's economy continued to grow at a rapid pace in 2006, reaching an estimated rate of 412%. This brisk increase followed two earlier years of 712% growth per annum. The healthy gain was mainly based on investment in a 690-MW hydropower project at Kárahnjúkar, in the northeastern mountain region, and an aluminum plant built by Alcoa at Reyðarfjörður on the east coast. These two projects cost $3 billion–$3.5 billion over the construction period of three years and were to be completed in 2007, by which time the economy was expected to have slowed down. By February 2006 the exchange rate and share prices had fallen sharply in the wake of overheating of the economy and turbulence in the currency market. Share prices, however, recovered their loss in the latter half of the year." Larklight (talk) 20:37, 19 November 2007 (UTC)

maybe 4.12% and 7.12%? 82.17.48.222 (talk) 19:50, 9 October 2008 (UTC)

new section[edit]

I would expect a service / hospitality / tourism section in this article, as that is a major component of the economy. Turidoth (talk) 05:53, 27 November 2007 (UTC)

I believe that tourism and hospitality are less important to the Icelandic economy than say information technology. I'm not sure we need information about tourism on this page. OliAtlason (talk) 00:03, 4 March 2008 (UTC)

Merger of Nordic Tiger[edit]

I propose that Nordic Tiger be merged to this article. There's not much need for a separate article on a short-lived nickname. Fg2 (talk) 07:21, 11 October 2008 (UTC)

Changing intro[edit]

The intro sounds terrible in the present circumstances: "well-developed", "highest levels of economic freedoms". These kinds of astonishing texts should be changed.Daanschr (talk) 13:57, 14 October 2008 (UTC)

gdp and government revenues[edit]

The infobox has 12b GDP and nearly 10b in government revenues. Is this correct, as it would suggest an average tax rate of about 80%? --86.162.175.76 (talk) 00:57, 18 August 2010 (UTC)

Either of the number is probably incorrectly dated. The CIA factbook currently says 11.9 billion USD in GDP and 4.8 billion USD in government revenue. --Bjarki (talk) 01:24, 18 August 2010 (UTC)

Where is the last data of economic growth?[edit]

All other articles about the economy of other countries has its last economic growth data(i.e. economy of south korea, economy of germany, etc...)

Why isn't the latest data about the growth of iceland on this article? Thanks — Preceding unsigned comment added by 201.15.167.180 (talk) 23:38, 10 February 2012 (UTC)