{"id":39763,"date":"2026-05-31T14:25:26","date_gmt":"2026-05-31T12:25:26","guid":{"rendered":"https:\/\/prizrenpost.com\/en\/it-even-surpassed-switzerland-this-is-currently-the-most-expensive-country-in-the-world\/"},"modified":"2026-05-31T14:25:27","modified_gmt":"2026-05-31T12:25:27","slug":"it-even-surpassed-switzerland-this-is-currently-the-most-expensive-country-in-the-world","status":"publish","type":"post","link":"https:\/\/prizrenpost.com\/en\/it-even-surpassed-switzerland-this-is-currently-the-most-expensive-country-in-the-world\/","title":{"rendered":"It even surpassed Switzerland: this is currently the most expensive country in the world"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/prizrenpost.com\/en\/wp-content\/uploads\/2026\/05\/Islanda.jpg\" style=\"width:100%;height:auto;margin-bottom:20px\"><\/p>\n<p>Economic developments due to tourism that increase the cost of living<\/p>\n<p>Iceland has topped the list of the most expensive countries in the world, surpassing Switzerland, according to the latest calculations published by a local trade union using data from Eurostat and the Central Bank of Iceland.<\/p>\n<p>According to the analysis, the price level in Iceland is now higher than in Switzerland by around three percentage points, which puts the island country back at the top of the global cost of living rankings.<\/p>\n<p>According to the media Swiss, the last time Iceland was more expensive than Switzerland was in 2018.<\/p>\n<p>Economists say the rise in prices was due to a combination of a strong post-pandemic economic recovery and rapid growth in the tourism industry, which is one of the mainstays of the Icelandic economy. The increased demand for services, accommodation and work has further increased the overall price level.<\/p>\n<p>Particular pressure comes from the real estate market, where short-term rentals for tourists, including platforms such as Airbnb, affect the availability of apartments for the local population and contribute to the increase in the cost of living in the largest cities.<\/p>\n<p>Data shows that food prices in Iceland are among the highest in Europe, significantly above other Nordic countries. Dairy products, eggs and meat are up to 70 percent more expensive, while daily necessities are significantly more expensive than in most European countries.<\/p>\n<p>The increase in prices is also reflected in the tourism sector, where rising costs are starting to affect the number of visitors. Some analysts warn that long-term dependence on tourism could further increase inflationary pressures and slow the development of other economic sectors. \/square<\/p>\n<hr style=\"margin:30px 0\">\n<p style=\"font-size:13px;color:#666\">Source: <strong>prizrenpost<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic developments due to tourism that increase the cost of living Iceland has topped the list of the most expensive countries in the world, surpassing Switzerland, according to the latest calculations published by a local trade union using data from Eurostat and the Central Bank of Iceland. According to the analysis, the price level in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[666],"class_list":["post-39763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-brief"],"views":7,"_links":{"self":[{"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/posts\/39763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/comments?post=39763"}],"version-history":[{"count":1,"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/posts\/39763\/revisions"}],"predecessor-version":[{"id":39765,"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/posts\/39763\/revisions\/39765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/media\/39764"}],"wp:attachment":[{"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/media?parent=39763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/categories?post=39763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prizrenpost.com\/en\/wp-json\/wp\/v2\/tags?post=39763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}