Country information

EKF’s risk assessment when exporting to Iceland


EKF's cover policy towards Iceland

Moderate payment risk. As a rule, EKF will cover risks associated with business transactions in the country. EKF will however often impose special requirements on buyers over and above the ordinary minimum criteria for creditworthiness.

Political risk assessment - export

Credit periodCountry risk classification (0-7)Terms of cover
Up to 1 year0
Reduced cover due to EU rules
Special terms of cover
1-5 years0
Reduced cover due to EU rules
Special terms of cover
More than 5 years0
Special terms of cover
Special guarantees0
Special terms of cover

Political risk assessment - investments

Type of guaranteeCountry risk classification (0-5)Terms of cover
Guarantee for equity investmentsContact EKF 

Business climate

Moderate business climate The commercial framework conditions in the country are moderate. There may be problems with some aspects of the business climate, including factors that hamper the opportunities for conducting business.

Further information about Iceland

POPULATION AREA GDP PER CAPITA
317,351 103,000 km251,262 US$

General assumptions for EKF's risk assessments
This information constitutes EKF’s guideline country cover policy at publishing date. The policy is not binding for EKF regarding specific applications for export credit guarantees. Before any commitment is made based on the country cover policy, we recommend contacting EKF for further advice.

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Lynge Gørtz Smestad

For more information on the country

Contact EKF’s country and bank analyst:
Lynge Gørtz Smestad
+45 35 46 27 11
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