Iceland's robust economic growth in the past years is expected to continue, according to a recent report - Icelandic Economy: 2016 Edition, released by the Icelandic Chamber of Commerce.
According to the report, that during the last few years, Iceland has experienced a robust economic recovery, higher than its neighbouring countries or high-income countries in general. This growth has derived from a sustainable source - the export sector - and been driven mostly by the fast growing tourist industry. The growth in 2015 was no exception as export growth was the main driver, along with strong contributions from business investment and private consumption. The Central Bank of Iceland predicts that growth will continue and even accelerate over the next few years, with declining but positive contribution from domestic consumption and investment but increasing input from net trade.
A full copy of the report and its short version are available at the website of the Icelandic chamber of Commerce: http://www.chamber.is/