Iceland
- Region
- Europe · Northern Europe
- Capital
- Reykjavik
- Population
- 392,404 (2025)
- Government
- unitary parliamentary republic
- Currency
- Icelandic króna (ISK)
- Official languages
- Icelandic
- Spoken languages
- Icelandic, English, Polish, Nordic languages, German
- Written scripts
- Latin
- Area
- 103,000 km²
- Coastline
- Coastal
- UN member
- Yes
- Affiliations
- EFTA, IMF, NATO, OECD, WCO, WTO
Political stability
86 / 100
Economic stability
66 / 100
Population stability
40 / 100
0–100, higher is more stable. Political: World Bank governance score. Economic: government effectiveness, regulatory quality, and inflation proximity to 2% (World Bank). Population: stability of growth and net migration rates (World Bank).
Trade profile
- Key exports
- aluminum, fish, orthopedic appliances, animal meal, iron alloys (2023)
- Key imports
- refined petroleum, cars, carbon-based electronics, aluminum oxide, computers (2023)
- Natural resources
- fish, hydropower, geothermal power, diatomite
- Primary route
- North Sea–Baltic feeder network into Rotterdam, Hamburg, and Antwerp
- Secondary route
- Transatlantic services to North America
The xin.bz view
- Iceland’s exposure runs through the ocean, not the gas grid: 2026/27 advice puts cod at 201,674 t and initial capelin at 358,044 t (~81% above last season, pending autumn surveys), while the August 29 vote on reopening EU accession talks puts fisheries policy in motion at the same time.
xin.bz coverage
El Niño Is Arriving as Western Europe Rebuilds Its Water Reserves — While Energy and Arctic Trade Reprice the Atlantic Economy
The Rhine recovering from record lows, England 71% in drought, French crops down hard, Qatar's LNG collapse pushing Europe to U.S. gas, and Iceland and Greenland turning the Atlantic into Western Europe's organizing system.
Commodity Deep Dive ·
Fish Meal Is the High-Protein Feed Commodity Whose Global Supply Can Turn on One Peruvian Fishery
Fish meal deep dive — Peru's anchovy fishery supplies ~20% of a 5.1M t market, the 2026 season stopped at 25% of quota under a 120-day national emergency, China takes 78% of exports, and prices hit $2,105/mt.
Trade research
- WTO trade profile — tariffs, trade in goods and services, top partners
- World Bank country data — GDP, trade share of GDP, logistics indicators
- OEC trade profile — export/import composition and partners, visualized
- ITC Trade Map — detailed trade statistics by product (ITC/UN Comtrade)
- CIA World Factbook — geography, economy, transportation infrastructure
xin.bz can watch Iceland for you — email alerts when new disruptions hit. Start free
Sources: mledoze/countries (ODbL), CIA World Factbook (public domain), World Bank Open Data (CC BY-4.0), flag-icons (MIT). Stability scores are xin.bz composites of the cited World Bank indicators; routes and commodity notes are xin.bz assessments. Informational only — verify with official sources.