This country note presents student performance in science, reading and mathematics, and measures equity in education in Iceland. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).

Despite a small aid budget, Iceland stands out among donors for its commitment to supporting the poorest countries and using its expertise in areas like renewable energy, land restoration and gender equality for aid programmes that advance global goals, according to a new OECD report.

Iceland is the OECD’s smallest economy and,currently,the fastest growing. A booming financial services and construction led to a deep financial crisis in 2008. However, Iceland has made a remarkable turnaround, helped by spectacular growth of tourism, prudent economic policies and a favourable external environment.

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

This country note for Iceland provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).

The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.

The Icelandic standard VAT rate is 24.0%, which is above the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Iceland was 25.5% in 2014. It changed to the current level in 2015. Iceland applies reduced VAT rates of 0% and 11% to a number of goods and services.

Sound macroeconomic policies and favourable external conditions have enabled Iceland’s economy to emerge stronger from a decade of post-crisis management. Yet the impact on growth from a drop in tourist arrivals and seafood exports underlines the need for reforms to open up and diversify the economy and improve its resiliency to sectoral shocks, according to the latest OECD Economic Survey of Iceland.

This country note explains how Iceland taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax-to-GDP ratio in Iceland decreased by 0.8 percentage points from 37.5% in 2017 to 36.7% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.

The tax wedge for the average single worker in Iceland decreased by 0.3 percentage points from 33.4 in 2018 to 33.1 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Iceland had the 25th lowest tax wedge among the 36 OECD member countries, compared with the 24th in 2018.

This report provides an overview of existing data and statistics in the fields of information security, privacy and the protection of children online. It highlights the potential for the development of better indicators in these respective fields showing in particular that there is an underexploited wealth of empirical data that, if mined and made comparable, will enrich the current evidence base for policy making.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

Ireland should make its pension system simpler and fairer so that everyone gets sufficient income for a decent standard of living in retirement, according to a new OECD report.

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The OECD Development Centre is carrying out a project, co-funded by the EU Thematic Programme on Migration and Asylum, on the Interrelations between public policies, migration and development of partner countries.

Luxembourg must step up its efforts to detect and prosecute cases of bribery of foreign public officials, particularly now that its legal framework has been strengthened, in compliance with the Anti-Bribery Convention

In his speech to OECD Ambassadors, the President of Iceland discussed how Iceland could offer lessons on the nature of a clean energy economy; and presented some insights from Iceland's recent challenges in dealing with the financial crisis.

This new data visualisation tool brings over 40 different climate-related data sets to life by using animated plots for the period 1990-2010.

With headlines of record‑breaking water-related disasters around the world, this blog, written by Kathleen Dominique, OECD Environment Economist, discusses the water impacts of climate change. This post is part of Wikiprogress' series on "water" and the "environment".

Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.

Iceland must balance growth in power and tourism industries with nature conservation, OECD says Iceland has one of the world’s most pristine natural environments and its glaciers, volcanoes and hot underground springs bring major economic benefits via renewable energy and tourism.

The world will need more and better targeted financing to meet the challenges of global development post-2015. This means taking important decisions not only on what qualifies as official development assistance (ODA), but also on how those flows can be most strategically used.

This paper presents the first empirical analysis of the macroeconomic relationship between environmentally related taxes and inequality in income sources. The analysis also investigates whether this relationship differs between countries which have implemented environmental tax reforms (ETRs) and ones which have not.

This report provides a review of recent firm-level and plant-level surveys containing questions on environmental policies, innovation practices or performance which are relevant for environmental policy analysis and assessment. We specifically focus on the core element that relates environmental policies to environmental and economic performance, namely the adoption of innovative practices and environmental innovations by firms.

This report provides a brief review of how national government policies and guidelines apply to or regulate the use of environmental labelling and information schemes (ELIS) in selected OECD countries. The report reviews definitions relevant to environmental claims and identifies four types of potentially false or misleading environmental claims.

This paper analyses the reform undertaken by Iceland to avert a looming crisis and restore fish stocks to sustainable levels; and outlines the process involved in designing and implementing this reform. It also reflects on the challenges encountered and the environmental, economic and social impacts of the reform. This country study draws on the OECD report "The Political Economy of Biodiversity Policy Reform".

Rapid economic development and climate change are increasing our vulnerability to natural disasters, and a new joint OECD-World Bank report calls for pro-active management of the financial costs of those disasters before they strike.

This paper presents the results of an ex post evaluation of the impacts of a vehicle tax reform in Ireland, by carrying out a full social cost benefit analysis of a vehicle tax reform and shows that whilst successful in improving the fuel economy of new passenger cars, it may have caused unintended effects (increased proliferation of diesel vehicles in the passenger car fleet).

This report investigates in what ways Regional Trade Agreements (RTAs) could incorporate environmental objectives in chapters and articles related to subsidies for energy and environmental goods. It highlights the current state of play in incorporating provisions related to environmentally related subsidies in RTAs.

In his speech to OECD Ambassadors, the President of Iceland discussed how Iceland could offer lessons on the nature of a clean energy economy; and presented some insights from Iceland's recent challenges in dealing with the financial crisis.

Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.

Read what OECD bloggers have to say about topics as varied as air pollution, biodiversity, climate, environmental policies, green growth, investment, waste and water. Join the discussion on our latest blog: Climate - Towards a just transition, with no stranded workers and no stranded communities.

This country note explains how Ireland taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax-to-GDP ratio in Ireland decreased by 0.2 percentage points from 22.5% in 2017 to 22.3% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.

Ireland needs to prepare itself to meet rising pressures on public finances from an ageing population and significant external risks such as new EU-UK trade barriers post Brexit. Another important development could be future changes to the international tax rules, according to a new OECD report.

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.

The tax wedge for the average single worker in Ireland increased by 0.3 percentage points from 32.9 in 2018 to 33.2 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Ireland had the 24th lowest tax wedge among the 36 OECD member countries, compared with the 25th in 2018.

Restoring competitiveness is one of the key challenges to bring European economies back on a path of strong, sustainable and balanced growth. Europe could improve its growth prospects by implementing a strategic reform agenda with a broad range of policy reforms to increase productivity, dynamism and employment.

As part of the OECD Leaders’ Programme, Angel Gurría, Secretary-General met with Germany’s Federal Chancellor Angela Merkel to discuss competitiveness and productivity in Germany and Europe and policies to promote inclusive growth and well-being.

This international conference reviewed and drew lessons from successful past experiences and innovative solutions available today to identify how labour market policy, skills development and training policies can contribute to sustainable employment creation.

This book focuses on the role of employment and training agencies in contributing to job creation and productivity in Northern Ireland. It explores how Northern Ireland is implementing labour market and skills policy and putting measures in place at the local level to stimulate quality employment, inclusion and growth.

Closer collaboration between local employment, training, and economic development agencies to develop the right skills in jobseekers is crucial to support export-oriented growth in Northern Ireland, according to a new OECD report.

The Irish government has taken resolute action to address the unemployment challenge, launching the Action Plan for Jobs (APJ) initiative in early 2012. Drawing on the expertise and experience of OECD member countries, this preliminary review examines key aspects of the Action Plan for Jobs and highlights some key policy priorities to boost job creation.

Ireland was hit hard by the financial crisis and the labour market has yet to fully mend. The unemployment rate more than tripled from 4.6% in Q1 2007 to its peak of 15.1% in Q4 2011.

The OECD was invited to assess key elements of the Second Irish Public Service Reform Plan (PSRP 2014-2016), with a view to informing future public service reform efforts in Ireland.

Unions and employers, together with governments, can play a major role in making growth more inclusive and helping workers and businesses face the challenges of a changing world of work. Good labour relations are a way to reduce inequalities in jobs and wages and better share prosperity, according to a new OECD-ILO report.