Arctic Ocean (2001) | Iceland (2003) | |
Administrative divisions | - | 23 counties (syslur, singular - sysla) and 14 independent towns* (kaupstadhir, singular - kaupstadhur); Akranes*, Akureyri*, Arnessysla, Austur-Bardhastrandarsysla, Austur-Hunavatnssysla, Austur-Skaftafellssysla, Borgarfjardharsysla, Dalasysla, Eyjafjardharsysla, Gullbringusysla, Hafnarfjordhur*, Husavik*, Isafjordhur*, Keflavik*, Kjosarsysla, Kopavogur*, Myrasysla, Neskaupstadhur*, Nordhur-Isafjardharsysla, Nordhur-Mulasys-la, Nordhur-Thingeyjarsysla, Olafsfjordhur*, Rangarvallasysla, Reykjavik*, Saudharkrokur*, Seydhisfjordhur*, Siglufjordhur*, Skagafjardharsysla, Snaefellsnes-og Hnappadalssysla, Strandasysla, Sudhur-Mulasysla, Sudhur-Thingeyjarsysla, Vesttmannaeyjar*, Vestur-Bardhastrandarsysla, Vestur-Hunavatnssysla, Vestur-Isafjardharsysla, Vestur-Skaftafellssysla
note: there may be four other counties |
Age structure | - | 0-14 years: 22.7% (male 32,902; female 30,952)
15-64 years: 65.4% (male 92,519; female 91,000) 65 years and over: 11.9% (male 14,973; female 18,452) (2003 est.) |
Agriculture - products | - | potatoes, green vegetables, chicken, pork, mutton; fish |
Airports | - | 86 (2002) |
Airports - with paved runways | - | total: 13
over 3,047 m: 1 1,524 to 2,437 m: 4 914 to 1,523 m: 8 (2002) |
Airports - with unpaved runways | - | total: 73
1,524 to 2,437 m: 3 914 to 1,523 m: 21 under 914 m: 49 (2002) |
Area | total:
14.056 million sq km note: includes Baffin Bay, Barents Sea, Beaufort Sea, Chukchi Sea, East Siberian Sea, Greenland Sea, Hudson Bay, Hudson Strait, Kara Sea, Laptev Sea, Northwest Passage, and other tributary water bodies |
total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
Area - comparative | slightly less than 1.5 times the size of the US | slightly smaller than Kentucky |
Background | The Arctic Ocean is the smallest of the world's five oceans (after the Pacific Ocean, Atlantic Ocean, Indian Ocean, and the recently delimited Southern Ocean). The Northwest Passage (US and Canada) and Northern Sea Route (Norway and Russia) are two important seasonal waterways. A sparse network of air, ocean, river, and land routes circumscribes the Arctic Ocean. | Settled by Norwegian and Celtic (Scottish and Irish) immigrants during the late 9th and 10th centuries A.D., Iceland boasts the world's oldest functioning legislative assembly, the Althing, established in 930. Independent for over 300 years, Iceland was subsequently ruled by Norway and Denmark. Fallout from the Askja volcano of 1875 devastated the Icelandic economy and caused widespread famine. Over the next quarter century, 20% of the island's population emigrated, mostly to Canada and the US. Limited home rule from Denmark was granted in 1874 and complete independence attained in 1944. Literacy, longevity, income, and social cohesion are first-rate by world standards. |
Birth rate | - | 14.13 births/1,000 population (2003 est.) |
Budget | - | revenues: $3.5 billion
expenditures: $3.3 billion, including capital expenditures of $467 million (1999) |
Capital | - | Reykjavik |
Climate | polar climate characterized by persistent cold and relatively narrow annual temperature ranges; winters characterized by continuous darkness, cold and stable weather conditions, and clear skies; summers characterized by continuous daylight, damp and foggy weather, and weak cyclones with rain or snow | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers |
Coastline | 45,389 km | 4,988 km |
Constitution | - | 16 June 1944, effective 17 June 1944 |
Country name | - | conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island |
Currency | - | Icelandic krona (ISK) |
Death rate | - | 6.95 deaths/1,000 population (2003 est.) |
Debt - external | - | $2.6 billion (1999) |
Diplomatic representation from the US | - | chief of mission: Ambassador James I. GADSDEN
embassy: Laufasvegur 21, 101 Reykjavik mailing address: US Embassy, PSC 1003, Box 40, FPO AE 09728-0340 telephone: [354] 5629100 FAX: [354] 5629118 |
Diplomatic representation in the US | - | chief of mission: Ambassador Helgi AGUSTSSON
chancery: Suite 1200, 1156 15th Street NW, Washington, DC 20005-1704 telephone: [1] (202) 265-6653 FAX: [1] (202) 265-6656 consulate(s) general: New York |
Disputes - international | some maritime disputes (see littoral states) | Rockall continental shelf dispute involving Denmark, Iceland, and the UK (Ireland and the UK have signed a boundary agreement in the Rockall area); dispute with Denmark over the Faroe Islands' fisheries median line boundary within 200 NM; disputes with Denmark, the UK, and Ireland over the Faroe Islands continental shelf boundary outside 200 NM |
Economic aid - donor | - | $NA |
Economy - overview | Economic activity is limited to the exploitation of natural resources, including petroleum, natural gas, fish, and seals. | Iceland's Scandinavian-type economy is basically capitalistic, yet with an extensive welfare system (including generous housing subsidies), low unemployment, and remarkably even distribution of income. In the absence of other natural resources (except for abundant hydrothermal and geothermal power), the economy depends heavily on the fishing industry, which provides 70% of export earnings and employs 12% of the work force. The economy remains sensitive to declining fish stocks as well as to fluctuations in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. Government policies include reducing the budget and current account deficits, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, diversifying the economy, and privatizing state-owned industries. The government remains opposed to EU membership, primarily because of Icelanders' concern about losing control over their fishing resources. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, and new developments in software production, biotechnology, and financial services are taking place. The tourism sector is also expanding, with the recent trends in ecotourism and whale watching. Growth had been remarkably steady in 1996-2001 at 3%-5%, but could not be sustained in 2002 in an environment of global recession. Growth resumed in 2003, and inflation dropped back from 5% to 2%. |
Electricity - consumption | - | 7.341 billion kWh (2001) |
Electricity - exports | - | 0 kWh (2001) |
Electricity - imports | - | 0 kWh (2001) |
Electricity - production | - | 7.894 billion kWh (2001) |
Electricity - production by source | - | fossil fuel: 0.1%
hydro: 82.5% nuclear: 0% other: 17.5% (2001) |
Elevation extremes | lowest point:
Fram Basin -4,665 m highest point: sea level 0 m |
lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier) |
Environment - current issues | endangered marine species include walruses and whales; fragile ecosystem slow to change and slow to recover from disruptions or damage; thinning polar icepack | water pollution from fertilizer runoff; inadequate wastewater treatment |
Environment - international agreements | - | party to: Air Pollution, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Environmental Protection through Criminal Law, Hazardous Wastes, Kyoto Protocol, Law of the Sea, Marine Dumping, Nuclear Test Ban, Oil Pollution, Ozone Layer Protection, Persistent Organic Pollutants, Ship Pollution, Transboundary Air Pollution, Wetlands
signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Environmental Modification, Marine Life Conservation |
Ethnic groups | - | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% |
Exchange rates | - | Icelandic kronur per US dollar - 91.66 (2002), 97.42 (2001), 78.62 (2000), 72.34 (1999), 70.96 (1998) |
Executive branch | - | chief of state: President Olafur Ragnar GRIMSSON (since 1 August 1996)
head of government: Prime Minister David ODDSSON (since 30 April 1991) cabinet: Cabinet appointed by the prime minister and approved by Parliament elections: president, which is largely a ceremonial post, elected by popular vote for a four-year term; election last held 29 June 1996 (next to be held NA June 2004); President GRIMSSON ran unopposed in June 2000 so there were no elections; prime minister appointed by the president election results: Olafur Ragnar GRIMSSON ran unopposed in 2000 and was reelected |
Exports | - | 0 bbl/day (2001) |
Exports - commodities | - | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon |
Exports - partners | - | Germany 18.5%, UK 17.5%, Netherlands 11.4%, US 10.9%, Spain 5.2%, Denmark 4.6%, Portugal 4.3%, Norway 4.2% (2002) |
Fiscal year | - | calendar year |
Flag description | - | blue with a red cross outlined in white extending to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag) |
GDP | - | purchasing power parity - $8.444 billion (2002 est.) |
GDP - composition by sector | - | agriculture: 14% (includes fishing 12%)
industry: 21% services: 65% (2001 est.) |
GDP - per capita | - | purchasing power parity - $30,200 (2002 est.) |
GDP - real growth rate | - | -0.6% (2002 est.) |
Geographic coordinates | 90 00 N, 0 00 E | 65 00 N, 18 00 W |
Geography - note | major chokepoint is the southern Chukchi Sea (northern access to the Pacific Ocean via the Bering Strait); strategic location between North America and Russia; shortest marine link between the extremes of eastern and western Russia; floating research stations operated by the US and Russia; maximum snow cover in March or April about 20 to 50 centimeters over the frozen ocean; snow cover lasts about 10 months | strategic location between Greenland and Europe; westernmost European country; Reykjavik is the northernmost national capital in the world; more land covered by glaciers than in all of continental Europe |
Highways | - | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
Household income or consumption by percentage share | - | lowest 10%: NA%
highest 10%: NA% |
Imports | - | 15,470 bbl/day (2001) |
Imports - commodities | - | machinery and equipment, petroleum products; foodstuffs, textiles |
Imports - partners | - | US 10.9%, Germany 10.7%, Denmark 8.5%, Norway 8%, UK 7.5%, Netherlands 6%, Sweden 5.9% (2002) |
Independence | - | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) |
Industrial production growth rate | - | 0.2% (2002 est.) |
Industries | - | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism |
Infant mortality rate | - | total: 3.5 deaths/1,000 live births
male: 3.79 deaths/1,000 live births female: 3.19 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | - | 5.2% (2002 est.) |
International organization participation | - | Australia Group, BIS, CBSS, CE, EAPC, EBRD, ECE, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNMIBH, UNMIK, UNU, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTrO |
Internet Service Providers (ISPs) | - | 20 (2001) |
Irrigated land | - | NA sq km |
Judicial branch | - | Supreme Court or Haestirettur (justices are appointed for life by the Minister of Justice); eight district courts (justices are appointed for life by the Minister of Justice) |
Labor force | - | 159,000 (2000) |
Labor force - by occupation | - | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, other services 59.5% (1999) |
Land boundaries | - | 0 km |
Land use | - | arable land: 1%
permanent crops: 0% permanent pastures: 28% forest and woodlands: 1% other: 70% (2001 est.) |
Languages | - | Icelandic, English, Nordic languages, German widely spoken |
Legal system | - | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction |
Legislative branch | - | unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms)
elections: last held 10 May 2003 (next to be held by May 2007) election results: percent of vote by party - Independence Party 33.7%, Social Democratic Alliance 31.0%, Progressive Party 17.7%, Left-Green Alliance 8.8%, Liberal Party 7.4%; seats by party - Independence Party 22, Social Democratic Alliance 20, Progressive Party 12, Left-Green Alliance 5, Liberal Party 4 |
Life expectancy at birth | - | total population: 79.8 years
male: 77.54 years female: 82.22 years (2003 est.) |
Literacy | - | definition: age 15 and over can read and write
total population: 99.9% (1997 est.) male: NA% female: NA% |
Location | body of water between Europe, Asia, and North America, mostly north of the Arctic Circle | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK |
Map references | Arctic Region | Arctic Region |
Maritime claims | - | continental shelf: 200 NM or to the edge of the continental margin
exclusive economic zone: 200 NM territorial sea: 12 NM |
Merchant marine | - | total: 1 ships (1,000 GRT or over) 3,500 GRT/5,000 DWT
ships by type: chemical tanker 1 (2002 est.) |
Military - note | - | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik |
Military branches | - | no regular armed forces; Police, Coast Guard |
Military expenditures - dollar figure | - | $0 |
Military manpower - availability | - | males age 15-49: 71,157 (2003 est.) |
Military manpower - fit for military service | - | males age 15-49: 62,552 (2003 est.) |
National holiday | - | Independence Day, 17 June (1944) |
Nationality | - | noun: Icelander(s)
adjective: Icelandic |
Natural hazards | ice islands occasionally break away from northern Ellesmere Island; icebergs calved from glaciers in western Greenland and extreme northeastern Canada; permafrost in islands; virtually ice locked from October to June; ships subject to superstructure icing from October to May | earthquakes and volcanic activity |
Natural resources | sand and gravel aggregates, placer deposits, polymetallic nodules, oil and gas fields, fish, marine mammals (seals and whales) | fish, hydropower, geothermal power, diatomite |
Net migration rate | - | -2.26 migrant(s)/1,000 population (2003 est.) |
Political parties and leaders | - | Independence Party or IP [David ODDSSON]; Left-Green Alliance or LGP [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Halldor ASGRIMSSON]; Social Democratic Alliance (includes People's Alliance or PA, Social Democratic Party or SDP, Women's List)or SDA [Ossur SKARPHEDINSSON]; Social Democratic Party or SDP [Sighvatur BJORGVINSSON]; Women's List or WL [Kristin ASTGEIRSDOTTIR] |
Political pressure groups and leaders | - | NA |
Population | - | 280,798 (July 2003 est.) |
Population below poverty line | - | NA% |
Population growth rate | - | 0.49% (2003 est.) |
Ports and harbors | Churchill (Canada), Murmansk (Russia), Prudhoe Bay (US) | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar |
Radio broadcast stations | - | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) |
Railways | - | 0 km |
Religions | - | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) |
Sex ratio | - | at birth: 1.08 male(s)/female
under 15 years: 1.06 male(s)/female 15-64 years: 1.02 male(s)/female 65 years and over: 0.81 male(s)/female total population: 1 male(s)/female (2003 est.) |
Suffrage | - | 18 years of age; universal |
Telephone system | - | general assessment: extensive domestic service
domestic: the trunk network consists of coaxial and fiber-optic cables and microwave radio relay links international: satellite earth stations - 2 Intelsat (Atlantic Ocean), 1 Inmarsat (Atlantic and Indian Ocean regions); note - Iceland shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Norway, and Sweden) |
Telephones - main lines in use | - | 196,984 (2001) |
Telephones - mobile cellular | - | 248,131 (221,231 GSM, 26,900 NMT) (2001) |
Television broadcast stations | - | 14 (plus 156 low-power repeaters) (1997) |
Terrain | central surface covered by a perennial drifting polar icepack that averages about 3 meters in thickness, although pressure ridges may be three times that size; clockwise drift pattern in the Beaufort Gyral Stream, but nearly straight-line movement from the New Siberian Islands (Russia) to Denmark Strait (between Greenland and Iceland); the icepack is surrounded by open seas during the summer, but more than doubles in size during the winter and extends to the encircling landmasses; the ocean floor is about 50% continental shelf (highest percentage of any ocean) with the remainder a central basin interrupted by three submarine ridges (Alpha Cordillera, Nansen Cordillera, and Lomonosov Ridge) | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords |
Total fertility rate | - | 1.98 children born/woman (2003 est.) |
Unemployment rate | - | 2.8% (2002 est.) |
Waterways | - | none |