Iceland : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iceland

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

June 22, 2017

Electronic Access:

Free Full text (PDF file size is 1484 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Iceland is stepping into a new era of financial openness, with capital controls mostly gone. Reshaped by tourism, the economy is on a firmer footing than the last time it grew this fast. Current growth rates—more than 7 percent last year—are driven by tourism, private consumption, and investment, not leverage. Nonetheless, overheating risks are a clear and present concern.

Series:

Country Report No. 17/163

Subject:

English

Publication Date:

June 22, 2017

ISBN/ISSN:

9781484304969/1934-7685

Stock No:

1ISLEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

59

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