From The Reykjavik Grapevine:
The literary arts are a big enough deal in Iceland to have contributed significantly to the country’s economy.
Icelanders do love their books, but writing is not just an art; it is also a significant part of the economy. Viðskiptablaðið reports that, according to a new book by Ágúst Einarsson, a professor at Bifröst University, the literary arts as a whole make a significant contribution to Iceland’s GDP.
According to his findings, the publishing, printing, distribution and sale of books and other print media in Iceland is responsible for about 1.5% of the country’s total GDP. In all, the literary arts put about 27 billion ISK into the economy in 2014.
“It came as a bit of a surprise to me how extensive the literary arts are in this country, economically speaking,” he said. “There’s a lot more connected to the literary arts than people realise.”
Link to the rest at The Reykjavik Grapevine
After viewing a number of photos of Iceland, it’s #1 on PG’s international photo travel wishlist.