Iceland (2001) | Bouvet Island (2006) | |
Administrative divisions | 23 counties (syslar, 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 |
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Age structure | 0-14 years:
23.18% (male 33,238; female 31,191) 15-64 years: 65.01% (male 91,095; female 89,583) 65 years and over: 11.81% (male 14,681; female 18,118) (2001 est.) |
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Agriculture - products | potatoes, turnips; cattle, sheep; fish | - |
Airports | 87 (2000 est.) | - |
Airports - with paved runways | total:
12 over 3,047 m: 1 1,524 to 2,437 m: 4 914 to 1,523 m: 7 (2000 est.) |
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Airports - with unpaved runways | total:
75 1,524 to 2,437 m: 3 914 to 1,523 m: 20 under 914 m: 52 (2000 est.) |
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Area | total:
103,000 sq km land: 100,250 sq km water: 2,750 sq km |
total: 49 sq km
land: 49 sq km water: 0 sq km |
Area - comparative | slightly smaller than Kentucky | about 0.3 times the size of Washington, DC |
Background | 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. | This uninhabited volcanic island is almost entirely covered by glaciers and is difficult to approach. It was discovered in 1739 by a French naval officer after whom the island was named. No claim was made until 1825, when the British flag was raised. In 1928, the UK waived its claim in favor of Norway, which had occupied the island the previous year. In 1971, Bouvet Island and the adjacent territorial waters were designated a nature reserve. Since 1977, Norway has run an automated meteorological station on the island. |
Birth rate | 14.62 births/1,000 population (2001 est.) | - |
Budget | revenues:
$3.5 billion expenditures: $3.3 billion, including capital expenditures of $467 million (1999) |
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Capital | Reykjavik | - |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | antarctic |
Coastline | 4,988 km | 29.6 km |
Constitution | 16 June 1944, effective 17 June 1944 | - |
Country name | conventional long form:
Republic of Iceland conventional short form: Iceland local long form: Lyoveldio Island local short form: Island |
conventional long form: none
conventional short form: Bouvet Island |
Currency | Icelandic krona (ISK) | - |
Death rate | 6.89 deaths/1,000 population (2001 est.) | - |
Debt - external | $2.6 billion (1999) | - |
Dependency status | - | territory of Norway; administered by the Polar Department of the Ministry of Justice and Police from Oslo |
Diplomatic representation from the US | chief of mission:
Ambassador Barbara J. GRIFFITHS embassy: Laufasvegur 21, Reykjavik mailing address: US Embassy, PSC 1003, Box 40, FPO AE 09728-0340 telephone: [354] 5629100 FAX: [354] 5629118 |
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Diplomatic representation in the US | chief of mission:
Ambassador Jon-Baldvin HANNIBALSSON chancery: Suite 1200, 1156 15th Street NW, Washington, DC 20005 telephone: [1] (202) 265-6653 FAX: [1] (202) 265-6656 consulate(s) general: New York |
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Disputes - international | Rockall continental shelf dispute involving Denmark 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 | none |
Economic aid - donor | $NA | - |
Economy - overview | Iceland's Scandinavian-type economy is basically capitalistic, yet with an extensive welfare system, 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 drops in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. The center-right government plans to continue its policies of 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 has been remarkably steady over the past five years at 4%-5%. | no economic activity; declared a nature reserve |
Electricity - consumption | 6.574 billion kWh (1999) | - |
Electricity - exports | 0 kWh (1999) | - |
Electricity - imports | 0 kWh (1999) | - |
Electricity - production | 7.069 billion kWh (1999) | - |
Electricity - production by source | fossil fuel:
0.07% hydro: 84.64% nuclear: 0% other: 15.29% (1999) |
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Elevation extremes | lowest point:
Atlantic Ocean 0 m highest point: Hvannadalshnukur 2,119 m |
lowest point: South Atlantic Ocean 0 m
highest point: Olav Peak 935 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | NA |
Environment - international agreements | party to:
Air Pollution, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Marine Life Conservation |
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Ethnic groups | homogeneous mixture of descendants of Norse and Celts | - |
Exchange rates | Icelandic kronur per US dollar - 84.810 (January 2001), 78.676 (2000), 72.335 (1999), 70.958 (1998), 70.904 (1997), 66.500 (1996) | - |
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 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 elected president; President GRIMSSON ran unopposed |
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Exports | $2 billion (f.o.b., 2000) | - |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | - |
Exports - partners | EU 64% (UK 20%, Germany 13%, France 5%, Denmark 5%), US 15%, Japan 5% (1999) | - |
Fiscal year | calendar year | - |
Flag description | blue with a red cross outlined in white that extends 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) | the flag of Norway is used |
GDP | purchasing power parity - $6.85 billion (2000 est.) | - |
GDP - composition by sector | agriculture:
15% (includes fishing 13%) industry: 21% services: 64% (1999 est.) |
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GDP - per capita | purchasing power parity - $24,800 (2000 est.) | - |
GDP - real growth rate | 4.3% (2000 est.) | - |
Geographic coordinates | 65 00 N, 18 00 W | 54 26 S, 3 24 E |
Geography - note | 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 | covered by glacial ice; declared a nature reserve |
Highways | total:
12,691 km paved: 3,262 km unpaved: 9,429 km (1999) |
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Household income or consumption by percentage share | lowest 10%:
NA% highest 10%: NA% |
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Imports | $2.2 billion (f.o.b., 2000) | - |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | - |
Imports - partners | EU 56% (Germany 12%, UK 9%, Denmark 8%, Sweden 6%), US 11%, Norway 10% (1999) | - |
Independence | 17 June 1944 (from Denmark) | - |
Industrial production growth rate | 1.5% (2000 est.) | - |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | - |
Infant mortality rate | 3.56 deaths/1,000 live births (2001 est.) | - |
Inflation rate (consumer prices) | 3.5% (2000 est.) | - |
International organization participation | Australia Group, BIS, CBSS, CCC, CE, EAPC, EBRD, ECE, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA (observer), IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ISO, ITU, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, UN, UNCTAD, UNESCO, UNHCR, UNMIBH, UNMIK, UNU, UPU, WEU (associate), WHO, WIPO, WMO, WTrO | - |
Internet Service Providers (ISPs) | 7 (2000) | - |
Irrigated land | NA sq km | 0 sq km |
Judicial branch | Supreme Court or Haestirettur (justices are appointed for life by the president) | - |
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 | 0 km |
Land use | arable land:
0% permanent crops: 0% permanent pastures: 23% forests and woodland: 1% other: 76% (1993 est.) |
arable land: 0%
permanent crops: 0% other: 100% (93% ice) (2005) |
Languages | Icelandic | - |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | the laws of Norway, where applicable, apply |
Legislative branch | unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms)
elections: last held on 8 May 1999 (next to be held by April 2003) election results: percent of vote by party - Independence Party 40.7%, The Alliance (PA, People's Party, Women's List) 26.8%, Progressive Party 18.4%, Left-Green Alliance 9.1%, Liberal Party 4.2%; seats by party - Independence Party 26, The Alliance 17, Progressive Party 12, Left-Green Alliance 6, Liberal Party 2 |
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Life expectancy at birth | total population:
79.52 years male: 77.31 years female: 81.92 years (2001 est.) |
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Literacy | definition:
age 15 and over can read and write total population: 99.9% (1997 est.) male: NA% female: NA% |
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Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | island in the South Atlantic Ocean, southwest of the Cape of Good Hope (South Africa) |
Map references | Arctic Region | Antarctic Region |
Maritime claims | continental shelf:
200 NM or to the edge of the continental margin exclusive economic zone: 200 NM territorial sea: 12 NM |
territorial sea: 4 nm |
Merchant marine | total:
2 ships (1,000 GRT or over) totaling 3,435 GRT/4,538 DWT ships by type: chemical tanker 1, petroleum tanker 1 (2000 est.) |
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Military - note | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik | defense is the responsibility of Norway |
Military branches | no regular armed forces; Police, Coast Guard; note - Iceland's defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik | - |
Military expenditures - dollar figure | $0 | - |
Military manpower - availability | males age 15-49:
71,241 (2001 est.) |
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Military manpower - fit for military service | males age 15-49:
62,704 (2001 est.) |
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National holiday | Independence Day, 17 June (1944) | - |
Nationality | noun:
Icelander(s) adjective: Icelandic |
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Natural hazards | earthquakes and volcanic activity | NA |
Natural resources | fish, hydropower, geothermal power, diatomite | none |
Net migration rate | -2.28 migrant(s)/1,000 population (2001 est.) | - |
Political parties and leaders | Independence Party (conservative) or IP [David ODDSSON]; Left-Green Alliance [Steinsvimur SIGFUSSON]; Liberal Party [Sverrir HERMANNSSON]; People's Party (Social Democratic Party) or SDP [Sighvatyr BJORGIVINSSON]; Progressive Party (liberal) or PP [Halldor ASGRIMSSON]; The Alliance (includes People's Alliance or PA, Social Democratic Party or SVP, People's Movement, Women's List) [Ossur SKARPHEDINSSON]; Women's List or WL [Kristin ASTGEIRSDOTTIR] | - |
Political pressure groups and leaders | NA | - |
Population | 277,906 (July 2001 est.) | uninhabited (July 2006 est.) |
Population below poverty line | NA% | - |
Population growth rate | 0.54% (2001 est.) | - |
Ports and harbors | Akureyri, Hornafjordur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vestmannaeyjar | - |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | - |
Radios | 260,000 (1997) | - |
Railways | 0 km | - |
Religions | Evangelical Lutheran 93%, other Protestant and Roman Catholic, none (1997) | - |
Sex ratio | at birth:
1.08 male(s)/female under 15 years: 1.07 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 (2001 est.) |
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Suffrage | 18 years of age; universal | - |
Telephone system | general assessment:
adequate 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) |
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Telephones - main lines in use | 168,000 (1997) | - |
Telephones - mobile cellular | 65,746 (1997) | - |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | - |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | volcanic; coast is mostly inaccessible |
Total fertility rate | 2.01 children born/woman (2001 est.) | - |
Unemployment rate | 2.7% (January 2001) | - |
Waterways | none | - |