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Literature Comprises 1.5% Of Iceland’s GDP

22 January 2016

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.

Here are some links to photos of Iceland by Chris Burkhard, one of PG’s favorite landscape photographers – One, Two, Three


3 Comments to “Literature Comprises 1.5% Of Iceland’s GDP”

  1. woltersworld.com has many videos about traveling Iceland.

    Tip: Take a hooded coat but no sweater. You will buy sweaters in Iceland.

  2. I’ve been there. Reykjavik is so worth it. If you can manage a day trip to East Greeenland, Kulusuk is incredible as well.

  3. Iceland is fantastic – and a great stopover if you’re going to Europe. The people are awesome, and it’s beautiful. I actually set the book I’m currently writing in Reykjavik. Loved it.

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