International tourist numbers have risen dramatically
Tourism has taken off since 2010
International visitors are becoming more diversified and mainly stay overnight
International travel at Keflavik is highly seasonal
Most visitors come to experience nature
Iceland is a reasonably competitive tourism destination
Tourism is now a major export earner
The króna has appreciated strongly since 2013
Tourism represents a sizeable share of GDP and employment
Immigration is rising strongly, though many continue to leave
Employment and firm creation in tourism services is growing robustly
New accommodation is being added, but occupancy rates keep rising
The exchange rate has begun to appreciate, unwinding some of the depreciation after the crisis
VAT base broadening has had visible impacts
Maximising the number of tourists is not the best strategy
Arrivals of cruise line passengers is rising
Private accommodation accounts for a rising share of overnight stays
Rents are high
House prices are picking up and residential investment is beginning to respond
Employment growth is not strongly linked to gains in output per worker
Unemployment rates for people with tertiary education have been slower in coming down
Reallocation on average has had little impact on wage gains