Greenland, the Faroe Islands and Svalbard have experienced an increase in tourism levels as well, though at a lower level than Iceland, with a growth ranging from 15% to 45% since 2012. As the duration of the visits have not increased, the increased spending is caused by a higher daily spending by the tourists. Tourism may create short and long-term profits and jobs for a region leading to economic growth, provided it is managed sustainably.