The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Iceland  
Rank: 62 · Score: 50.9  

Basic facts, 2020        
Population (millions) 0.3   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 20.8   M&A volume (quartile) 2nd
GDP per capita (US$) 60,949.9   Venture capital investments (quartile) 3rd
GDP growth (per cent) -7.2   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 62 51, 53, 55, 56, 63 50.9
1 Economic Activity 87 46, 55, 46, 45, 38 63.7
2 Depth of Capital Market 81 36, 36, 35, 41, 44 23.8
3 Taxation 28 100, 99, 98, 98, 97 101.8
4 Investor Protection and Corporate Governance 14 112, 112, 112, 111, 111 96.0
5 Human and Social Environment 22 105, 105, 105, 103, 103 48.0
6 Entrepreneurial Opportunities 30 97, 96, 97, 95, 95 68.5


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Iceland  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Italy 83.9 76.4 101.2 64.4 45.6 74.9
Portugal 78.2 61.8 108.1 76.9 40.6 69.0
Luxembourg 71.3 49.6 99.7 86.1 45.2 64.4
Cyprus 62.8 54.2 96.4 80.9 39.4 53.5
Greece 68.7 49.2 104.5 59.9 37.0 60.4
Malta 61.1 51.0 96.6 74.8 36.5 48.9
Iceland 63.7 23.8 101.8 96.0 48.0 68.5
Last updated: 21 Jun 2021