OECD Development Co-operation Peer Reviews: Iceland 2017

image of OECD Development Co-operation Peer Reviews: Iceland 2017

This review assesses the performance of Iceland, including looking at how Iceland works in its three partner countries and on key priority issues such as gender, health, education and renewable energy.

Iceland joined the Development Assistance Committee in 2013. This is its first peer review.



Context of the peer review of Iceland

With just 330 000 people dotted over a land mass of 103 000 square kilometres, Iceland is the most sparsely populated country in Europe. In addition to having one of the highest life satisfaction ratings of all OECD countries, Iceland also boasts the highest employment rate. While Iceland still has a lower gross national income per capita than other Nordic countries (USD 46 606), wage growth is in double digits and the income inequality gap is the narrowest of all OECD countries.


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