þjónustuland
þjónustuland is an Icelandic term that translates to "service country" or "service land." It refers to a nation or region where the economy is heavily reliant on the provision of services rather than the production of goods. This encompasses a wide range of industries, including tourism, finance, technology, education, healthcare, and professional services.
In a þjónustuland, businesses often focus on intangible products and experiences. The workforce typically possesses specialized
Examples of countries that are often described as having strong service economies include Switzerland, Singapore, and