Iceland
Strategic Green Technology & Innovation Partner, Emerging Services Market
- Band cut
- ≥ 40
- Countries in band
- 104
The seven measures behind Iceland's 55
Each is scored 0–100, where higher is always better. Open a row to read the analysis behind its number.
| Measure | Score | Position on 0–100 |
|---|---|---|
| 38 | ||
| 93 | ||
| 75 | ||
| 56 | ||
| 0 | ||
| 92 | ||
| 55 |
Bonus considerations — useful, but they do not affect the score
These two are worked out for every country as context for a trip. They are not part of the 55 above, and nothing here can move it in either direction.
Higher means cheaper for an Indian traveller.
Higher means easier to eat vegetarian.
Why Iceland?
The standing assessment behind the public sentiment reading of 93, rewritten at each refresh.
India-Iceland relations continue to exhibit exceptional warmth and stability, marked by highly positive diplomatic engagement, a supportive media narrative, and a favorable public perception of Indian tourists and the diaspora. Recent developments within the last 30 days have consistently reinforced this robust positive sentiment, particularly through the ongoing operationalization of key agreements and high-level acknowledgments.
Diplomatically, the relationship remains exceptionally strong. The enduring positive outcomes of the Third India-Nordic Summit (May 2026) continue to be highlighted, with Iceland's Prime Minister, Kristrún Frostadóttir, actively underscoring the deep connection between the two nations. Her emphatic praise for the word 'sambandh,' signifying 'connection, relations, or bond' in both Icelandic and Hindi, is a powerful symbol of shared values and 'closeness of our thoughts,' reinforcing the 'trusted friend' narrative. Iceland's readiness to share its expertise in geothermal energy and other green technologies further solidifies this 'trusted Green Technology and Innovation Strategic Partnership'. The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), operational since October 1, 2025, is consistently cited as a significant driver for increased bilateral trade and investment, with reports in late July 2026 indicating its encouraging utilization and positive impact on India's exports. Even while acknowledging potential geopolitical differences, such as on Russia, the Icelandic leadership emphasizes hope for international relations and the importance of large democratic countries like India opening up, framing these discussions maturely and constructively.
Reasons to visit
For Indian travelers seeking an extraordinary escape, Iceland presents an unparalleled blend of ethereal beauty and profound tranquility. Consistently ranked as the safest country in the world (often #1 on the Global Peace Index), visitors can explore its dramatic landscapes with absolute peace of mind. While globally popular, its unique charm offers an 'off-the-beaten-path' adventure for many from India, promising experiences unlike any other. The Icelandic people, known for their reserved yet welcoming nature, contribute to a serene and respectful travel environment. Prepare to be mesmerized by its otherworldly scenery – from powerful waterfalls and vast glaciers to bubbling geothermal fields and the captivating dance of the Northern Lights – making every moment a photographic and spiritual journey. Iceland is not just a destination; it's an immersive experience for those who crave nature's grandeur and a truly unique adventure.
Where Indian travellers go
- 1Blue Lagoon
- 2Golden Circle (including Þingvellir National Park, Geysir & Gullfoss)
- 3Jökulsárlón Glacier Lagoon & Diamond Beach
Worth knowing
- Iceland is the only country in the world with no mosquitoes whatsoever, making outdoor exploration incredibly comfortable.
- Approximately 85% of Iceland's energy comes from renewable sources, primarily geothermal and hydropower, making it a pioneer in green energy.
- Despite its name, Iceland has a surprisingly mild climate thanks to the Gulf Stream, and much of the country is very green in summer.
In the record
- Band
- Neutral / Developing
- Trade rank
- 139
- Trade volume
- $0.1B
- Share of India’s trade
- 0.01%
- GDP
- $38.6B