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Compare Hong Kong (2004) - Iceland (2007)

Compare Hong Kong (2004) z Iceland (2007)

 Hong Kong (2004)Iceland (2007)
 Hong KongIceland
Administrative divisions none (special administrative region of China) 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland
Age structure 0-14 years: 14.2% (male 510,702; female 465,145)


15-64 years: 73.3% (male 2,461,914; female 2,560,382)


65 years and over: 12.5% (male 394,697; female 462,285) (2004 est.)
0-14 years: 21.4% (male 32,759/female 31,845)


15-64 years: 66.8% (male 102,161/female 99,411)


65 years and over: 11.8% (male 16,162/female 19,593) (2007 est.)
Agriculture - products fresh vegetables, poultry, fish, pork potatoes, green vegetables; mutton, dairy products; fish
Airports 4 (2003 est.) 99 (2007)
Airports - with paved runways total: 4


over 3,047 m: 1


1,524 to 2,437 m: 1


914 to 1523 m: 1


under 914 m: 1 (2004 est.)
total: 5


over 3,047 m: 1


1,524 to 2,437 m: 3


914 to 1,523 m: 1 (2007)
Airports - with unpaved runways - total: 94


1,524 to 2,437 m: 3


914 to 1,523 m: 28


under 914 m: 63 (2007)
Area total: 1,092 sq km


land: 1,042 sq km


water: 50 sq km
total: 103,000 sq km


land: 100,250 sq km


water: 2,750 sq km
Area - comparative six times the size of Washington, DC slightly smaller than Kentucky
Background Occupied by the UK in 1841, Hong Kong was formally ceded by China the following year; various adjacent lands were added later in the 19th century. Pursuant to an agreement signed by China and the UK on 19 December 1984, Hong Kong became the Hong Kong Special Administrative Region (SAR) of China on 1 July 1997. In this agreement, China has promised that, under its "one country, two systems" formula, China's socialist economic system will not be imposed on Hong Kong and that Hong Kong will enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years. 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 7.23 births/1,000 population (2004 est.) 13.57 births/1,000 population (2007 est.)
Budget revenues: $26.17 billion


expenditures: $32.64 billion, including capital expenditures of $5 billion (2003)
revenues: $7.603 billion


expenditures: $6.737 billion (2006 est.)
Capital - name: Reykjavik


geographic coordinates: 64 09 N, 21 57 W


time difference: UTC (5 hours ahead of Washington, DC during Standard Time)
Climate tropical monsoon; cool and humid in winter, hot and rainy from spring through summer, warm and sunny in fall temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers
Coastline 733 km 4,970 km
Constitution Basic Law approved in March 1990 by China's National People's Congress is Hong Kong's "mini-constitution" 16 June 1944, effective 17 June 1944; amended many times
Country name conventional long form: Hong Kong Special Administrative Region


conventional short form: Hong Kong


local long form: Xianggang Tebie Xingzhengqu


local short form: Xianggang


abbreviation: HK
conventional long form: Republic of Iceland


conventional short form: Iceland


local long form: Lydveldid Island


local short form: Island
Currency Hong Kong dollar (HKD) -
Death rate 5.98 deaths/1,000 population (2004 est.) 6.77 deaths/1,000 population (2007 est.)
Debt - external $59.21 billion (2003 est.) $3.073 billion (2002)
Dependency status special administrative region of China -
Diplomatic representation from the US chief of mission: Consul General James KEITH


consulate(s) general: 26 Garden Road, Hong Kong


mailing address: PSC 461, Box 1, FPO AP 96521-0006


telephone: [852] 2523-9011


FAX: [852] 2524-0860
chief of mission: Ambassador Carol VAN VOORST


embassy: Laufasvegur 21, 101 Reykjavik


mailing address: US Department of State, 5640 Reykjavik Place, Washington, D.C. 20521-5640


telephone: [354] 562-9100


FAX: [354] 562-9118
Diplomatic representation in the US none (special administrative region of China) chief of mission: Ambassador Albert JONSSON


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 none Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm
Economic aid - donor - $6.7 million (2004)
Economy - overview Hong Kong has a free market economy highly dependent on international trade. Natural resources are limited, and food and raw materials must be imported. Imports and exports, including reexports, each exceed GDP in dollar value. Even before Hong Kong reverted to Chinese administration on 1 July 1997 it had extensive trade and investment ties with China. Hong Kong has been further integrating its economy with China because China's growing openness to the world economy has increased competitive pressure on Hong Kong's service industries, and Hong Kong's re-export business from China is a major driver of growth. Per capita GDP compares with the level in the four big economies of Western Europe. GDP growth averaged a strong 5% in 1989-1997, but Hong Kong suffered two recessions in the past 6 years because of the Asian financial crisis in 1998 and the global downturn of 2001-2002. The Severe Acute Respiratory Syndrome (SARS) outbreak also battered Hong Kong's economy, but a boom in tourism from the mainland because of China's easing of travel restrictions, a return of consumer confidence, and a solid rise in exports resulted in the resumption of strong growth in late 2003. 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 nearly 70% of export earnings and employs 6% 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 current account deficit, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, and diversifying the economy. 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. Since 2000 growth has varied from -1% in 2002 to 8% in 2004. The 2006 closure of the US military base at Keflavik had very little impact on the national economy; Iceland's low unemployment rate aided former base employees in finding alternate employment.
Electricity - consumption 37.12 billion kWh (2001) 8.152 billion kWh (2005)
Electricity - exports 1.581 billion kWh (2001) 0 kWh (2005)
Electricity - imports 10.36 billion kWh (2001) 0 kWh (2005)
Electricity - production 30.48 billion kWh (2001) 8.533 billion kWh (2005)
Elevation extremes lowest point: South China Sea 0 m


highest point: Tai Mo Shan 958 m
lowest point: Atlantic Ocean 0 m


highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier)
Environment - current issues air and water pollution from rapid urbanization water pollution from fertilizer runoff; inadequate wastewater treatment
Environment - international agreements party to: Marine Dumping (associate member) 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, Whaling


signed, but not ratified: Environmental Modification, Marine Life Conservation
Ethnic groups Chinese 95%, other 5% homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6%
Exchange rates Hong Kong dollars per US dollar - 7.7868 (2003), 7.7989 (2002), 7.7988 (2001), 7.7912 (2000), 7.7575 (1999) Icelandic kronur per US dollar - 70.195 (2006), 62.982 (2005), 70.192 (2004), 76.709 (2003), 91.662 (2002)
Executive branch chief of state: President of China HU Jintao (since 15 March 2003)


head of government: Chief Executive TUNG Chee-hwa (since 1 July 1997)


cabinet: Executive Council consists of seven non-official members and 14 official members; including Chief Secretary Donald TSANG Yam-kuen (since 1 May 2001), Financial Secretary Henry TANG (since 2 August 2003), and Secretary of Justice Elsie LEUNG (since 1 July 1997)


elections: TUNG Chee-hwa was elected to a second term in March 2002 by an 800-member election committee dominated by pro-Beijing forces; the next election is scheduled to be held in 2007
chief of state: President Olafur Ragnar GRIMSSON (since 1 August 1996)


head of government: Prime Minister Geir H. HAARDE (since 7 June 2006)


cabinet: Cabinet appointed by the prime minister


elections: president, largely a ceremonial post, is elected by popular vote for a four-year term (no term limits); election last held 26 June 2004 (next to be held in 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 85.6%, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9%
Exports NA (2001) 0 bbl/day (2004)
Exports - commodities electrical machinery and appliances, textiles, apparel, footwear, watches and clocks, toys, plastics, precious stones fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite
Exports - partners China 42.6%, US 18.7%, Japan 5.4% (2003) Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006)
Fiscal year 1 April - 31 March calendar year
Flag description red with a stylized, white, five-petal bauhinia flower in the center 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 - $213 billion (2003 est.) -
GDP - composition by sector agriculture: 0.1%


industry: 12.1%


services: 87.9% (2003 est.)
agriculture: 5.6%


industry: 25%


services: 69.4% (2006 est.)
GDP - per capita purchasing power parity - $28,800 (2003 est.) -
GDP - real growth rate 3.3% (2003 est.) 2.6% (2006 est.)
Geographic coordinates 22 15 N, 114 10 E 65 00 N, 18 00 W
Geography - note more than 200 islands 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
Heliports 2 (2003 est.) -
Highways total: 1,831 km


paved: 1,831 km


unpaved: 0 km (1999 est.)
-
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: NA%
Illicit drugs Makes strenuous law enforcement efforts, but faces difficult challenges in controlling transit of heroin and methamphetamine to regional and world markets; modern banking system provides a conduit for money laundering; rising indigenous use of synthetic drugs, especially among young people -
Imports NA (2001) 17,450 bbl/day (2004)
Imports - commodities electrical machinery and appliances, textiles, foodstuffs, transport equipment, raw materials, semimanufactures, petroleum, plastics; a large share is reexported machinery and equipment, petroleum products, foodstuffs, textiles
Imports - partners China 43.5%, Japan 11.9%, Taiwan 6.9%, US 5.5%, Singapore 5%, South Korea 4.8% (2003) US 12.8%, Germany 12.3%, Norway 7.1%, Sweden 6.9%, Denmark 6.1%, UK 5.3%, China 5.3%, Netherlands 4.8%, Japan 4.1% (2006)
Independence none (special administrative region of China) 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark)
Industrial production growth rate -9.2% (2003 est.) 5% (2006 est.)
Industries textiles, clothing, tourism, banking, shipping, electronics, plastics, toys, watches, clocks fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism
Infant mortality rate total: 2.97 deaths/1,000 live births


male: 3.16 deaths/1,000 live births


female: 2.77 deaths/1,000 live births (2004 est.)
total: 3.27 deaths/1,000 live births


male: 3.41 deaths/1,000 live births


female: 3.12 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) -2.6% (2003 est.) 6.7% (2006 est.)
International organization participation APEC, AsDB, BIS, ICC, ICFTU, IHO, IMF, IMO (associate), Interpol (subbureau), IOC, ISO (correspondent), UPU, WCL, WCO, WMO, WToO (associate), WTO Arctic Council, Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC, MIGA, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTO
Irrigated land 20 sq km (1998 est.) NA
Judicial branch Court of Final Appeal in the Hong Kong Special Administrative Region 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 3.5 million (2003 est.) 175,000 (2006 est.)
Labor force - by occupation manufacturing 8.2%, construction 2.9%, wholesale and retail trade, restaurants, and hotels 43.5%, financing, insurance, and real estate 19.5%, transport and communications 7.8%, community and social services 17.8% (Note: above data exclude public sector) (2002 est.) agriculture: 5.1%


industry: 23%


services: 71.4% (2005)
Land boundaries total: 30 km


regional border: China 30 km
0 km
Land use arable land: 5.05%


permanent crops: 1.01%


other: 93.94% (2001)
arable land: 0.07%


permanent crops: 0%


other: 99.93% (2005)
Languages Chinese (Cantonese), English; both are official Icelandic, English, Nordic languages, German widely spoken
Legal system based on English common law civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction
Legislative branch unicameral Legislative Council or LEGCO (60 seats; in 2004 30 seats indirectly elected by functional constituencies, 30 elected by popular vote; members serve four-year terms)


elections: last held 12 September 2004 (next to be held in September 2008)


election results: percent of vote by party - pro-democracy group 62%; seats by party - (pro-Beijing 34) DAB 12, Liberal Party 10, independents 11, FTU 1; (pro-democracy 25) independents 11, Democratic Party 9, CTU 2, ADPL 1, Frontier Party 1, NWSC 1
unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms)


elections: last held 12 May 2007 (next to be held by May 2011)


election results: percent of vote by party - Independence Party 36.6%, Social Democratic Alliance 26.8%, Progressive Party 11.7%, Left-Green Movement 14.3%, Liberal Party 7.3%, other 3.3%; seats by party - Independence Party 25, Social Democratic Alliance 18, Progressive Party 7, Left-Green Alliance 9, Liberal Party 4
Life expectancy at birth total population: 81.39 years


male: 78.72 years


female: 84.3 years (2004 est.)
total population: 80.43 years


male: 78.33 years


female: 82.62 years (2007 est.)
Literacy definition: age 15 and over has ever attended school


total population: 93.5%


male: 96.9%


female: 89.6% (2002)
definition: age 15 and over can read and write


total population: 99%


male: 99%


female: 99% (2003 est.)
Location Eastern Asia, bordering the South China Sea and China Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK
Map references Southeast Asia Arctic Region
Maritime claims territorial sea: 3 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: 663 ships (1,000 GRT or over) 20,478,042 GRT/34,554,455 DWT


by type: barge carrier 1, bulk 364, cargo 78, chemical tanker 23, combination bulk 2, combination ore/oil 3, container 97, liquefied gas 20, multi-functional large load carrier 1, petroleum tanker 60, refrigerated cargo 3, roll on/roll off 4, short-sea/passenger 1, specialized tanker 2, vehicle carrier 4


foreign-owned: Australia 2, Belgium 1, British Virgin Islands 1, China 178, Cyprus 1, Denmark 3, France 2, Germany 14, Greece 4, India 9, Indonesia 2, Japan 22, South Korea 2, Malaysia 3, Monaco 9, Norway 16, Panama 4, Philippines 17, Singapore 22, Taiwan 3, Thailand 1, United Kingdom 22, United States 1


registered in other countries: 569 (2004 est.)
total: 2 ships (1000 GRT or over) 4,704 GRT/729 DWT


by type: passenger/cargo 2


registered in other countries: 41 (Antigua and Barbuda 9, Bahamas 1, Belize 1, Faroe Islands 4, Gibraltar 1, Malta 7, Norway 3, St Vincent and The Grenadines 15) (2007)
Military - note defense is the responsibility of China under a 1951 bilateral agreement, Iceland's defense was provided by a US-manned Icelandic Defense Force (IDF) headquartered in Keflavik; in October 2006, all US military forces in Iceland were withdrawn; nonetheless, the US and Iceland signed a Joint Understanding to strengthen their bilateral defense relationship, including regular security consultations, military communications in the event of national emergencies, annual bilateral exercises on Icelandic territory, and future bilateral and NATO support to four Iceland Air Defense System (IADS) radar sites
Military branches no regular indigenous military forces; Hong Kong garrison of China's People's Liberation Army (PLA) including elements of the PLA Ground Forces, PLA Navy, and PLA Air Force; these forces are under the direct leadership of the Central Military Commission in Beijing and under administrative control of the adjacent Guangzhou Military Region no regular military forces; Icelandic National Police (2006)
Military expenditures - dollar figure Hong Kong garrison is funded by China; figures are NA -
Military expenditures - percent of GDP NA (FY02) 0% (2005 est.)
Military manpower - availability males age 15-49: 1,878,574 (2004 est.) -
Military manpower - fit for military service males age 15-49: 1,404,705 (2004 est.) -
Military manpower - reaching military age annually males: 41,821 (2004 est.) -
National holiday National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 1 July 1997 is celebrated as Hong Kong Special Administrative Region Establishment Day Independence Day, 17 June (1944)
Nationality noun: Chinese/Hong Konger


adjective: Chinese/Hong Kong
noun: Icelander(s)


adjective: Icelandic
Natural hazards occasional typhoons earthquakes and volcanic activity
Natural resources outstanding deepwater harbor, feldspar fish, hydropower, geothermal power, diatomite
Net migration rate 5.24 migrant(s)/1,000 population (2004 est.) 1.43 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Association for Democracy and People's Livelihood or ADPL [Frederick FUNG Kin-kee, chairman]; Citizens Party [Alex CHAN Kai-chung]; Democratic Alliance for the Betterment of Hong Kong or DAB [MA Lik, chairman]; Democratic Party [LEE Wing-tat, chairman]; Frontier Party [Emily LAU Wai-hing, chairwoman]; Liberal Party [James TIEN Pei-chun, chairman]


note: political blocs include: pro-democracy - Association for Democracy and People's Livelihood, Democratic Party, Frontier Party; pro-Beijing - Democratic Alliance for the Betterment of Hong Kong, Hong Kong Progressive Alliance, Liberal Party
Independence Party or IP [Geir H. HAARDE]; Left-Green Movement or LGM [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Gudni AGUSTSSON]; Social Democratic Alliance or SDA [Ingibjorg Solrun GISLADOTTIR] (includes People's Alliance or PA, Social Democratic Party or SDP, Women's List)
Political pressure groups and leaders Chinese General Chamber of Commerce (pro-China); Chinese Manufacturers' Association of Hong Kong; Confederation of Trade Unions (pro-democracy) [LAU Chin-shek, president; LEE Cheuk-yan, general secretary]; Federation of Hong Kong Industries; Federation of Trade Unions (pro-China) [CHENG Yiu-tong, executive councilor]; Hong Kong Alliance in Support of the Patriotic Democratic Movement in China [Szeto WAH, chairman]; Hong Kong and Kowloon Trade Union Council (pro-Taiwan); Hong Kong General Chamber of Commerce; Hong Kong Professional Teachers' Union [CHEUNG Man-kwong, president]; The Alliance [Bernard CHAN, exco member] NA
Population 6,855,125 (July 2004 est.) 301,931 (July 2007 est.)
Population below poverty line NA NA%
Population growth rate 0.65% (2004 est.) 0.824% (2007 est.)
Ports and harbors Hong Kong -
Radio broadcast stations AM 5, FM 9, shortwave 0 (2004) AM 3, FM about 70 (including repeaters), shortwave 1 (1998)
Religions eclectic mixture of local religions 90%, Christian 10% 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: 1.09 male(s)/female


under 15 years: 1.1 male(s)/female


15-64 years: 0.96 male(s)/female


65 years and over: 0.85 male(s)/female


total population: 0.97 male(s)/female (2004 est.)
at birth: 1.04 male(s)/female


under 15 years: 1.029 male(s)/female


15-64 years: 1.028 male(s)/female


65 years and over: 0.825 male(s)/female


total population: 1.002 male(s)/female (2007 est.)
Suffrage direct election 18 years of age; universal for permanent residents living in the territory of Hong Kong for the past seven years; indirect election limited to about 200,000 members of functional constituencies and an 800-member election committee drawn from broad regional groupings, municipal organizations, and central government bodies 18 years of age; universal
Telephone system general assessment: modern facilities provide excellent domestic and international services


domestic: microwave radio relay links and extensive fiber-optic network


international: country code - 852; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean); coaxial cable to Guangzhou, China; access to 5 international submarine cables providing connections to ASEAN member nations, Japan, Taiwan, Australia, Middle East, and Western Europe
general assessment: telecommunications infrastructure is modern and fully digitized, with satellite-earth stations, fiber-optic cables, and an extensive broadband network


domestic: liberalization of the telecommunications sector beginning in the late 1990s has led to increased competition especially in the mobile services segment of the market


international: country code - 354; the CANTAT-3 and FARICE-1 submarine cable systems provide connectivity to Canada, the Faroe Islands, UK, Denmark, and Germany; a planned new section of the Hibernia-Atlantic submarine cable will provide additional connectivity to Canada, US, and Ireland; 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 3,801,300 (2003) 193,700 (2006)
Telephones - mobile cellular 7,241,400 (2003) 328,500 (2006)
Television broadcast stations 4 (2004) 14 (plus 156 repeaters) (1997)
Terrain hilly to mountainous with steep slopes; lowlands in north mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords
Total fertility rate 0.91 children born/woman (2004 est.) 1.91 children born/woman (2007 est.)
Unemployment rate 7.9% (2003) 1.3% (2006 est.)
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