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Reykjavík is the capital, and in fact Iceland's only city, and as such, it plays a vital role in all cultural life in the country. The city is home to Iceland's main cultural institutions, boasts a flourishing arts scene and is renowned as a creative city with a diverse range of cultural happenings and dynamic grassroots activities.
Iceland's stock market, the Iceland Stock Exchange (ISE), was established in 1985. [147] Iceland is ranked 27th in the 2012 Index of Economic Freedom, lower than in prior years but still among the freest in the world. [148] As of 2016, it ranks 29th in the World Economic Forum's Global Competitive Index, one place lower than in 2015. [149]
Hallgrímskirkja (Icelandic pronunciation: [ˈhatl̥ˌkrimsˌcʰɪr̥ca], Church of Hallgrímur) is a Lutheran (Church of Iceland) parish church in Reykjavík, Iceland.At 74.5 metres (244 ft) tall, it is the largest church in Iceland and among the tallest structures in the country. [1]
Iceland might seem like a non-traditional destination—especially for a first-time globe trotter like myself. But after visiting the capital city this past March, I can say with confidence that ...
BSÍ is a major bus terminal, located 1.6 km (1.0 mi) from the main airport terminal. At the bus terminal, Strætó provides bus service to areas around Reykjavik while Gray Line Iceland Excursions' Airport express and Reykjavik Excursions Kynnisferðir's Flybus services connect between Keflavík International Airport and Reykjavik Airport.
The economy of Iceland is small and subject to high volatility. In 2011, gross domestic product was US$ 12 billion, but by 2018 it had increased to a nominal GDP of US$ 27 billion. With a population of 387,000 , this is $55,000 per capita , based on purchasing power parity (PPP) estimates. [ 17 ]
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