Iceland prospered during the Second World War. The immediate post-war period was followed by substantial economic growth, driven by the industrialisation of the fishing industry and the US Marshall Plan programme, through which Icelanders received the most aid per capita of any European country (at US$209, with the war-ravaged Netherlands a distant second at US$109).
iceland prospered during the second world war the immediate post-war period was followed by substantial economic growth driven by the industrialisation of the fishing industry and the us marshall plan programme through which icelanders received the most aid per capita of any european country (at us$209 with the war-ravaged netherlands a distant second at us$109)