Iceland set for record annual income from fishing fees in 2025

Higher fees for cod, haddock and other species could drive a 50 percent increase in revenue for Iceland’s treasury.

An increase in fishing fees for cod is due to the improved profitability of fishing during 2023. — An increase in fishing fees for cod is due to the improved profitability of fishing during 2023.Photo: Shutterstock

Hanna Gezelius

Correspondent

Published 9 January 2025, 12:16Updated 9 January 2025, 12:16

Atlantic cod Haddock Farmed salmon Iceland Tax