The Icelandic economy is the fourth most inclusive economy in the world, according to the Inclusive Development Index which is calculated by the World Economic Forum. The index ranks the world’s advanced and developing economies based on their performance against key performance indicators ranging from poverty, inequality to public debt and environmental factors.
Iceland gets particularly high marks on digital infrastructure, small business ownership, the gender gap in income and various measures related to labour unions, availability of child care and low poverty rate. The overall conclusion is that ICeland has an economy which seems to work quite well for the general population, especially when compared to other advanced economies.
According to the World Economic Forum most of the most inclusive economies are in Northern Europe. Norway tops the list, ith high and rising living standards, effective social protection and low inequality, followed by Luxembourg and Switzerland in spots two and three. Iceland comes in fourth, followed by Denmark and Sweden.
The Icelandic economy is the fourth most inclusive economy in the world, according to the Inclusive Development Index which is calculated by the World Economic Forum. The index ranks the world’s advanced and developing economies based on their performance against key performance indicators ranging from poverty, inequality to public debt and environmental factors.
Iceland gets particularly high marks on digital infrastructure, small business ownership, the gender gap in income and various measures related to labour unions, availability of child care and low poverty rate. The overall conclusion is that ICeland has an economy which seems to work quite well for the general population, especially when compared to other advanced economies.
According to the World Economic Forum most of the most inclusive economies are in Northern Europe. Norway tops the list, ith high and rising living standards, effective social protection and low inequality, followed by Luxembourg and Switzerland in spots two and three. Iceland comes in fourth, followed by Denmark and Sweden.
