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Compare Equatorial Guinea (2003) - Iceland (2005)

Compare Equatorial Guinea (2003) z Iceland (2005)

 Equatorial Guinea (2003)Iceland (2005)
 Equatorial GuineaIceland
Administrative divisions 7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland
Age structure 0-14 years: 42.2% (male 108,179; female 107,164)


15-64 years: 54% (male 132,342; female 143,509)


65 years and over: 3.8% (male 8,576; female 10,703) (2003 est.)
0-14 years: 22.1% (male 33,302/female 32,257)


15-64 years: 66.2% (male 99,513/female 96,886)


65 years and over: 11.7% (male 15,723/female 19,056) (2005 est.)
Agriculture - products coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber potatoes, green vegetables, mutton, dairy products, fish
Airports 3 (2002) 98 (2004 est.)
Airports - with paved runways total: 2


2,438 to 3,047 m: 1


1,524 to 2,437 m: 1 (2002)
total: 5


over 3,047 m: 1


1,524 to 2,437 m: 3


914 to 1,523 m: 1 (2004 est.)
Airports - with unpaved runways total: 1


under 914 m: 1 (2002)
total: 93


1,524 to 2,437 m: 3


914 to 1,523 m: 29


under 914 m: 61 (2004 est.)
Area total: 28,051 sq km


land: 28,051 sq km


water: 0 sq km
total: 103,000 sq km


land: 100,250 sq km


water: 2,750 sq km
Area - comparative slightly smaller than Maryland slightly smaller than Kentucky
Background Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. President OBIANG NGUEM MBASOGO has ruled the tiny country, composed of a mainland portion plus five inhabited islands and one of the smallest countries on the African continent, since he seized power in a coup in 1979. Although nominally a constitutional democracy since 1991, the 1996 and 2002 presidential elections - as well as the 1999 legislative elections - were widely seen as being flawed. 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 36.94 births/1,000 population (2003 est.) 13.73 births/1,000 population (2005 est.)
Budget revenues: $200 million


expenditures: $158 million, including capital expenditures of $NA (2001 est.)
revenues: $4.154 billion


expenditures: $4.058 billion, including capital expenditures of $467 million (2004 est.)
Capital Malabo Reykjavik
Climate tropical; always hot, humid temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers
Coastline 296 km 4,988 km
Constitution approved by national referendum 17 November 1991; amended January 1995 16 June 1944, effective 17 June 1944; amended many times
Country name conventional long form: Republic of Equatorial Guinea


conventional short form: Equatorial Guinea


local long form: Republica de Guinea Ecuatorial


local short form: Guinea Ecuatorial


former: Spanish Guinea
conventional long form: Republic of Iceland


conventional short form: Iceland


local long form: Lydhveldidh Island


local short form: Island
Currency Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States -
Death rate 12.54 deaths/1,000 population (2003 est.) 6.68 deaths/1,000 population (2005 est.)
Debt - external $248 million (2000 est.) $3.073 billion (2002)
Diplomatic representation from the US the US does not have an embassy in Equatorial Guinea (embassy closed September 1995); the US ambassador to Cameroon is accredited to Equatorial Guinea; the US State Department is considering opening a Consulate Agency in Malabo 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] 562-9100


FAX: [354] 562-9118
Diplomatic representation in the US chief of mission: Ambassador Teodoro Biyogo NSUE


chancery: 2020 16th Street NW, Washington, DC 20009


telephone: [1] (202) 518-5700


FAX: [1] (202) 518-5252
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 in 2002, ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but states have not yet agreed to abide by the decision; creation of a maritime boundary in hydrocarbon-rich Corisco Bay with Gabon is hampered by dispute over small islets on Mbane/Mbagne bank, administered and occupied by Gabon since the 1970s Iceland disputes Denmark's alignment of the Faroe Islands' fisheries median line; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm
Economic aid - donor - $NA
Economic aid - recipient $33.8 million (1995) -
Economy - overview The discovery and exploitation of large oil reserves have contributed to dramatic economic growth in recent years. Forestry, farming, and fishing are also major components of GDP. Subsistence farming predominates. Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth (the government has stated its intention to reinvest some oil revenue into agriculture). A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement. No longer eligible for concessional financing because of large oil revenues, the government has been unsuccessfully trying to agree on a "shadow" fiscal management program with the World Bank and IMF. Businesses, for the most part, are owned by government officials and their family members. Undeveloped natural resources include titanium, iron ore, manganese, uranium, and alluvial gold. Growth will remain strong in 2003, led by oil. 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 geothermal power), the economy depends heavily on the fishing industry, which provides 70% of export earnings and employs 8% 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 estimates call for strong growth until 2007, slowly dropping until the end of the decade.
Electricity - consumption 21.91 million kWh (2001) 7.692 billion kWh (2002)
Electricity - exports 0 kWh (2001) 0 kWh (2002)
Electricity - imports 0 kWh (2001) 0 kWh (2002)
Electricity - production 23.56 million kWh (2001) 8.271 billion kWh (2002)
Electricity - production by source fossil fuel: 94.3%


hydro: 5.7%


nuclear: 0%


other: 0% (2001)
-
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Pico Basile 3,008 m
lowest point: Atlantic Ocean 0 m


highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier)
Environment - current issues tap water is not potable; deforestation water pollution from fertilizer runoff; inadequate wastewater treatment
Environment - international agreements party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Law of the Sea, Ship Pollution


signed, but not ratified: none of the selected agreements
party to: Air Pollution, Air Pollution-Persistent Organic Pollutants, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Kyoto Protocol, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Transboundary Air Pollution, Wetlands


signed, but not ratified: Environmental Modification, Marine Life Conservation
Ethnic groups Bioko (primarily Bubi, some Fernandinos), Rio Muni (primarily Fang), Europeans less than 1,000, mostly Spanish homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6%
Exchange rates Communaute Financiere Africaine francs (XAF) per US dollar - 696.99 (2002), 733.04 (2001), 711.98 (2000), 615.7 (1999), 589.95 (1998) Icelandic kronur per US dollar - 70.192 (2004), 76.709 (2003), 91.662 (2002), 97.425 (2001), 78.616 (2000)
Executive branch chief of state: President Brig. Gen. (Ret.) Teodoro OBIANG NGUEMA MBASOGO (since 3 August 1979 when he seized power in a military coup)


head of government: Prime Minister Candido Muatetema RIVAS (since 26 February 2001); First Deputy Prime Minister Miguel OYONO NDONG (since NA January 1998); Deputy Prime Minister Demetrio Elo NDONG NZE FUMU (since NA January 1998)


cabinet: Council of Ministers appointed by the president


elections: president elected by popular vote for a seven-year term; election last held 15 December 2002 (next to be held NA December 2009); prime minister and deputy prime ministers appointed by the president


election results: Teodoro OBIANG NGUEMA MBASOGO reelected president; percent of vote - Teodoro OBIANG NGUEMA MBASOGO 97.1%, Celestino Bonifacio BACALE 2.2%; elections marred by widespread fraud
chief of state: President Olafur Ragnar GRIMSSON (since 1 August 1996)


head of government: Prime Minister Halldor ASGRIMSSON (since 15 September 2004); note - Former Prime Minister David ODDSSON switched positions with former Foreign Minister Halldor ASGRIMMSON


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 26 June 2004 (next to be held June 2008); following legislative elections, the leader of the majority party or the leader of the majority coalition is usually the prime minister


election results: Olafur Ragnar GRIMSSON wins with 85.6% of the vote, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9%
Exports NA (2001) 0 bbl/day (2001)
Exports - commodities petroleum, methanol, timber, cocoa fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite
Exports - partners US 28.3%, Spain 25.3%, China 17.4%, Canada 10.6%, France 4.9% (2002) UK 19.1%, Germany 17.2%, Netherlands 11.5%, US 9.8%, Spain 6.8%, Denmark 4.6% (2004)
Fiscal year 1 January - 31 December calendar year
Flag description three equal horizontal bands of green (top), white, and red with a blue isosceles triangle based on the hoist side and the coat of arms centered in the white band; the coat of arms has six yellow six-pointed stars (representing the mainland and five offshore islands) above a gray shield bearing a silk-cotton tree and below which is a scroll with the motto UNIDAD, PAZ, JUSTICIA (Unity, Peace, Justice) 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 - $1.27 billion (2002 est.) -
GDP - composition by sector agriculture: 20%


industry: 60%


services: 20% (1999 est.)
agriculture: 11.2%


industry: 9.6%


services: 79.2% (2004 est.)
GDP - per capita purchasing power parity - $2,700 (2002 est.) purchasing power parity - $31,900 (2004 est.)
GDP - real growth rate 20% (2002 est.) 1.8% (2004 est.)
Geographic coordinates 2 00 N, 10 00 E 65 00 N, 18 00 W
Geography - note insular and continental regions rather widely separated 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: 2,880 km (1999 est.) total: 13,004 km


paved/oiled gravel: 4,331 km


unpaved: 8,673 km (2004)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA%


highest 10%: NA%
Imports NA (2001) 15,470 bbl/day (2001)
Imports - commodities petroleum sector equipment, other equipment machinery and equipment, petroleum products; foodstuffs, textiles
Imports - partners US 29.1%, Spain 15.9%, UK 14.8%, France 10.4%, Norway 7.2%, Netherlands 4.8%, Italy 4.7% (2002) Germany 12.3%, US 9.9%, Norway 9.7%, Denmark 7.9%, UK 7.2%, Sweden 6.7%, Netherlands 6% (2004)
Independence 12 October 1968 (from Spain) 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark)
Industrial production growth rate 30% (2002 est.) 8.8% (2004 est.)
Industries petroleum, fishing, sawmilling, natural gas fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism
Infant mortality rate total: 89.02 deaths/1,000 live births


male: 95.25 deaths/1,000 live births


female: 82.61 deaths/1,000 live births (2003 est.)
total: 3.31 deaths/1,000 live births


male: 3.45 deaths/1,000 live births


female: 3.16 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 6% (2002 est.) 4% (2004 est.)
International organization participation ACCT, ACP, AfDB, BDEAC, CEEAC, CEMAC, ECA, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, NAM, OAS (observer), OAU, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTrO (observer) Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, MIGA, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTO
Internet Service Providers (ISPs) 1 (2002) -
Irrigated land NA sq km NA sq km
Judicial branch Supreme Tribunal 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 NA 158,100 (2004 est.)
Labor force - by occupation - agriculture, fishing and fish processing 10.3%, industry 18.3%, services 71.4% (2003)
Land boundaries total: 539 km


border countries: Cameroon 189 km, Gabon 350 km
0 km
Land use arable land: 4.63%


permanent crops: 3.57%


other: 91.8% (1998 est.)
arable land: 0.07%


permanent crops: 0%


other: 99.93% (2001)
Languages Spanish (official), French (official), pidgin English, Fang, Bubi, Ibo Icelandic, English, Nordic languages, German widely spoken
Legal system partly based on Spanish civil law and tribal custom civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction
Legislative branch unicameral House of People's Representatives or Camara de Representantes del Pueblo (80 seats; members directly elected by popular vote to serve five-year terms)


elections: last held 7 March 1999 (next to be held NA March 2004)


election results: percent of vote by party - PDGE 80%, UP 6%, CPDS 5%; seats by party - PDGE 75, UP 4 and CPDS 1


note: opposition parties have refused to take up their seats in the House to protest widespread irregularities in the 1999 legislative elections
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: 54.75 years


male: 52.63 years


female: 56.93 years (2003 est.)
total population: 80.19 years


male: 78.13 years


female: 82.34 years (2005 est.)
Literacy definition: age 15 and over can read and write


total population: 85.7%


male: 93.3%


female: 78.4% (2003 est.)
definition: age 15 and over can read and write


total population: 99.9% (1997 est.)


male: NA%


female: NA%
Location Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK
Map references Africa Arctic Region
Maritime claims exclusive economic zone: 200 NM


territorial sea: 12 NM
territorial sea: 12 nm


exclusive economic zone: 200 nm


continental shelf: 200 nm or to the edge of the continental margin
Merchant marine total: 3 ships (1,000 GRT or over) 7,571 GRT/9,670 DWT


ships by type: bulk 1, cargo 1, passenger/cargo 1 (2002 est.)
total: 3 ships (1,000 GRT or over) 4,341 GRT/6,019 DWT


by type: cargo 2, passenger/cargo 1


registered in other countries: 30 (2005)
Military - note - defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik
Military branches Army, Navy, Air Force, Rapid Intervention Force, National Police no regular armed forces; Icelandic National Police, Icelandic Coast Guard (Islenska Landhelgisgaeslan)
Military expenditures - dollar figure $30 million (FY02) 0
Military expenditures - percent of GDP 2.5% (FY02) -
Military manpower - availability males age 15-49: 116,496 (2003 est.) -
Military manpower - fit for military service males age 15-49: 59,110 (2003 est.) -
National holiday Independence Day, 12 October (1968) Independence Day, 17 June (1944)
Nationality noun: Equatorial Guinean(s) or Equatoguinean(s)


adjective: Equatorial Guinean or Equatoguinean
noun: Icelander(s)


adjective: Icelandic
Natural hazards violent windstorms, flash floods earthquakes and volcanic activity
Natural resources oil, petroleum, timber, small unexploited deposits of gold, manganese, uranium, titanium, iron ore fish, hydropower, geothermal power, diatomite
Net migration rate 0 migrant(s)/1,000 population (2003 est.) 2.06 migrant(s)/1,000 population (2005 est.)
Pipelines condensate 37 km; gas 39 km; liquid natural gas 4 km; oil 24 km (2003) -
Political parties and leaders Convergence Party for Social Democracy or CPDS [Placido MIKO Abogo]; Democratic Party for Equatorial Guinea or PDGE (ruling party) [Teodoro OBIANG NGUEMA MBASOGO]; Party for Progress of Equatorial Guinea or PPGE [Severo MOTO]; Popular Action of Equatorial Guinea or APGE [Miguel Esono EMAN]; Popular Union or UP [Andres Moises Bda ADA]; Progressive Democratic Alliance or ADP [Victorino Bolekia BONAY]; Union of Independent Democrats of UDI [Daniel OYONO] 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 [Ingibjorg Solrun GISLADOTTIR]
Political pressure groups and leaders NA NA
Population 510,473 (July 2003 est.) 296,737 (July 2005 est.)
Population below poverty line NA% NA%
Population growth rate 2.44% (2003 est.) 0.91% (2005 est.)
Ports and harbors Bata, Luba, Malabo Grundartangi, Hafnarfjordur, Hornafjordhur, Reykjavik, Seydhisfjordhur
Radio broadcast stations AM 0, FM 3, shortwave 5 (2002) AM 3, FM about 70 (including repeaters), shortwave 1 (1998)
Railways total: 0 km -
Religions nominally Christian and predominantly Roman Catholic, pagan practices Lutheran Church of Iceland 85.5%, Reykjavik Free Church 2.1%, Roman Catholic Church 2%, Hafnarfjorour Free Church 1.5%, other Christian 2.7%, other or unspecified 3.8%, unaffiliated 2.4% (2004)
Sex ratio at birth: 1.03 male(s)/female


under 15 years: 1.01 male(s)/female


15-64 years: 0.92 male(s)/female


65 years and over: 0.8 male(s)/female


total population: 0.95 male(s)/female (2003 est.)
at birth: 1.04 male(s)/female


under 15 years: 1.03 male(s)/female


15-64 years: 1.03 male(s)/female


65 years and over: 0.82 male(s)/female


total population: 1 male(s)/female (2005 est.)
Suffrage 18 years of age; universal adult 18 years of age; universal
Telephone system general assessment: poor system with adequate government services


domestic: NA


international: international communications from Bata and Malabo to African and European countries; satellite earth station - 1 Intelsat (Indian Ocean)
general assessment: extensive domestic service


domestic: the trunk network consists of coaxial and fiber-optic cables and microwave radio relay links


international: country code - 354; 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 6,000 (1998) 190,700 (2003)
Telephones - mobile cellular 300 (1998) 279,100 (2003)
Television broadcast stations 1 (2002) 14 (plus 156 low-power repeaters) (1997)
Terrain coastal plains rise to interior hills; islands are volcanic mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords
Total fertility rate 4.75 children born/woman (2003 est.) 1.92 children born/woman (2005 est.)
Unemployment rate 30% (1998 est.) 3.1% (2004 est.)
Waterways none -
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