It's a phrase that gets rolled out almost as regularly as "How do you like iceland?". Sometimes with tongue in cheek, and other times very seriously. "Ísland best í heimi" translates to "Iceland is the best country in the world" or there abouts. Now recently there was a survey that gave some sort of credit to this.
http://www.reuters.com/article/newsOne/idUSN2642096720071127
http://hdr.undp.org/en/statistics/
Actually the research covers the Human Development index. This "measures a country's average achievements in three basic aspects of human development: health, knowledge, and a decent standard of living".
What do you think? You can't argue that there is a generally high standard of living here, and there are plenty of people driving nice cars.






