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The Influence of COVID-19 Epidemic on Icelandic Economy
Income is falling. The epidemic has dealt a heavy blow to the tourism and catering industries in Nordic countries. Among them, Iceland's economy is more dependent on tourism and its recovery speed is relatively slow. For example, the income of Iceland's tourism industry decreased by 56% compared with 20 19. Iceland is an island country in the North Atlantic with a population of 340,000, making it the least populous country in Europe.