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More Icelanders leaving country

Icelandic citizens who have moved away from Iceland outnumber the Icelandic citizens who have moved back to the country during the last 20 years by 7,300, as reveled in a new report on the relocation of Icelandic citizens.

The report was conducted by the Finance Ministry in Iceland.

In contrast, foreign citizens who have moved to Iceland outnumber foreign citizens who have moved away from the country in the same period by more than 20,000, Fréttabladid reports.

According to the report, 55,000 Icelandic citizens moved abroad from 1987 to 2007, while only 47,000 returned. Most moved to the Nordic countries, primarily Denmark.

In 2005 more Icelanders moved to the country than away from it, which may have been caused by an upswing in the local economy.

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