How much ice is Iceland losing?
How much ice is Iceland losing? But the Arctic is experiencing the most dramatic temperature rise in the world, and as a result, Iceland is now losing around 10 billion tons of ice each year, according to NASA. At this rate, Iceland could be iceless by 2200.
Why is Iceland so expensive?
Iceland is relatively expensive compared to many other countries but on the other hand, the average salary is higher than in most other countries. There are several reasons for Iceland's high prices, including a small market, oligopoly, high reliance on imports, geographical isolation and high import taxes and tolls.