The domestic demand-led recovery has moderated
Output is near its trend level
Inflation remains above the Central Bank of Iceland's target
Monetary policy accommodation is being withdrawn
Iceland's large current account deficits have been eliminated
The real exchange rate is below its equilibrium value
Traded sectors' share of value added has expanded since the crisis while that of non-traded sectors' has shrunk
Household debt has fallen but remains high by international comparison
Company debt has fallen
Banks are expanding lending to households but lending to companies is falling
The ratio of non-performing loans has fallen significantly in Iceland
Inflation expectations are not well anchored
Fiscal gaps in Iceland remain significant
Public finances are recovering from the large deterioration caused by the financial crisis
The redistributive effect of the tax/transfer system has increased to near the OECD average
Disposable income inequality has fallen to low levels in Iceland
The anchored poverty rate increased more in Iceland than in most other countries during the global financial crisis
The relationship between government effectiveness and expenditure is broadly in line with that in other OECD countries
Cumulative primary- and secondary education expenditure per student is high in relation to cognitive skills
Costs per student are very high in small schools
Life expectancy is good in Iceland in relation to health-care expenditure, 2010
Specialist consultations are high relative to GP consultations in Iceland
Iceland has high numbers of CT- and MR examinations per capita and overcapacity in such machines
Iceland has struggled with high inflation
Iceland's inflation is high and volatile relative to most other OECD countries
Alternative measures of inflation expectations
Iceland's economic structure implies greater vulnerability to economic shocks
The impact of the crisis was relatively muted for most inflation-targeting countries
Government investment has been cut to low levels
The projected increase in pension spending over 2010-30 is relatively small in Iceland
Population ageing causes a smaller increase in pension spending in Iceland than in most other advanced countries
Fiscal gaps in Iceland remain significant: Immediate rise in the underlying primary balance needed to reduce general government gross financial liabilities to 60% of GDP in 2030
Potential gains in life expectancy and reductions in amenable mortality from moving to the efficiency frontier are low in Iceland
The population of doctors is skewed towards specialists in Iceland