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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.
Map of Iceland Map of Iceland with public airports. This is a list of airports in Iceland.There are no railways in Iceland. Driving from Reykjavík to Akureyri takes 4–5 hours compared to 45 minutes flight time, driving from Reykjavík to Egilsstaðir takes 9 hours compared to 1 hour flight time.
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 regions of Iceland are eight areas of Iceland that roughly follow the arrangement of parliamentary constituencies as they were between 1959 and 2003. These regions are not incorporated polities but rather recognized groupings of municipalities. Iceland only has two levels of administration, the national government and 62 municipalities.
Map of Iceland. Most municipalities in Iceland include more than one settlement. [1] For example, four localities (Selfoss, Stokkseyri, Eyrarbakki, and Tjarnabyggð) can all be found in the municipality of Árborg. A number of municipalities only contain a single locality, while there are also a few municipalities in which no localities exist.
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]
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