Iceland (2002) | Jersey (2001) | |
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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 |
none (British crown dependency) |
Age structure | 0-14 years: 23% (male 33,189; female 31,155)
15-64 years: 65.1% (male 91,704; female 90,199) 65 years and over: 11.9% (male 14,828; female 18,309) (2002 est.) |
0-14 years:
17.77% (male 8,214; female 7,667) 15-64 years: 67.59% (male 30,065; female 30,331) 65 years and over: 14.64% (male 5,603; female 7,481) (2001 est.) |
Agriculture - products | potatoes, turnips; cattle, sheep; fish | potatoes, cauliflower, tomatoes; beef, dairy products |
Airports | 86 (2001) | 1 (2000 est.) |
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) |
total:
1 1,524 to 2,437 m: 1 (2000 est.) |
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: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
total:
116 sq km land: 116 sq km water: 0 sq km |
Area - comparative | slightly smaller than Kentucky | about 0.7 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. | The island of Jersey and the other Channel Islands represent the last remnants of the medieval Dukedom of Normandy that held sway in both France and England. These islands were the only British soil occupied by German troops in World War II. |
Birth rate | 14.37 births/1,000 population (2002 est.) | 11.28 births/1,000 population (2001 est.) |
Budget | revenues: $3.5 billion
expenditures: $3.3 billion, including capital expenditures of $467 million (1999) |
revenues:
$601 million expenditures: $588 million, including capital expenditures of $98 million (2000 est.) |
Capital | Reykjavik | Saint Helier |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | temperate; mild winters and cool summers |
Coastline | 4,988 km | 70 km |
Constitution | 16 June 1944, effective 17 June 1944 | unwritten; partly statutes, partly common law and practice |
Country name | conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island |
conventional long form:
Bailiwick of Jersey conventional short form: Jersey |
Currency | Icelandic krona (ISK) | British pound (GBP); note - there is also a Jersey pound |
Death rate | 6.93 deaths/1,000 population (2002 est.) | 9.27 deaths/1,000 population (2001 est.) |
Debt - external | $2.6 billion (1999) | none |
Dependency status | - | British crown dependency |
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] 5629139 |
none (British crown dependency) |
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 |
none (British crown dependency) |
Disputes - international | 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 | none |
Economic aid - donor | $NA | - |
Economic aid - recipient | - | none |
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, providing 70% of export earnings and employing 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. Consumption, investment, and exports should recover moderately in 2003. | The economy is based largely on international financial services, agriculture, and tourism. Potatoes, cauliflower, tomatoes, and especially flowers are important export crops, shipped mostly to the UK. The Jersey breed of dairy cattle is known worldwide and represents an important export income earner. Milk products go to the UK and other EU countries. In 1996 the finance sector accounted for about 60% of the island's output. Tourism, another mainstay of the economy, accounts for 24% of GDP. In recent years, the government has encouraged light industry to locate in Jersey, with the result that an electronics industry has developed alongside the traditional manufacturing of knitwear. All raw material and energy requirements are imported, as well as a large share of Jersey's food needs. Light taxes and death duties make the island a popular tax haven. |
Electricity - consumption | 7.02 billion kWh (2000) | - |
Electricity - exports | 0 kWh (2000) | - |
Electricity - imports | 0 kWh (2000) | NA kWh
note: electricity supplied by France |
Electricity - production | 7.549 billion kWh (2000) | - |
Electricity - production by source | fossil fuel: 0%
hydro: 83% nuclear: 0% other: 17% (2000) |
- |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,119 m |
lowest point:
Atlantic Ocean 0 m highest point: unnamed location 143 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, 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, Environmental Modification, Marine Life Conservation |
- |
Ethnic groups | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% | UK and Norman-French descent |
Exchange rates | Icelandic kronur per US dollar - 102.430 (January 2002), 97.425 (2001), 78.616 (2000), 72.335 (1999), 70.958 (1998), 70.904 (1997) | Jersey pounds per US dollar - 0.6764 (January 2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997), 0.6403 (1996); the Jersey pound is at par with the British pound |
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 |
chief of state:
Queen ELIZABETH II (since 6 February 1952) head of government: Lieutenant Governor and Commander in Chief Air Chief Marshall Sir John CHESHIRE (since 24 January 2001) and Bailiff Philip Martin BAILHACHE (since NA February 1995) cabinet: committees appointed by the Assembly of the States elections: none; the monarch is hereditary; lieutenant governor and bailiff appointed by the monarch |
Exports | $2 billion f.o.b. (2002) | $NA |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | light industrial and electrical goods, foodstuffs, textiles |
Exports - partners | UK 18.2%, Germany 14.9%, Netherlands 10.9, US 10.3%, Portugal 5.5%, Spain 5.4%, Norway 5.3% (2001) | UK |
Fiscal year | calendar year | 1 April - 31 March |
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) | white with a diagonal red cross extending to the corners of the flag and in the upper quadrant, surmounted by a yellow crown, a red shield holding the three lions of England in yellow |
GDP | purchasing power parity - $7.7 billion (2002 est.) | purchasing power parity - $2.2 billion (1999 est.) |
GDP - composition by sector | agriculture: 14% (includes fishing 12%)
industry: 21% services: 65% (2001 est.) |
agriculture:
5% industry: 2% services: 93% (1996) |
GDP - per capita | purchasing power parity - $27,100 (2002 est.) | purchasing power parity - $24,800 (1999 est.) |
GDP - real growth rate | -0.7% (2002 est.) | NA% |
Geographic coordinates | 65 00 N, 18 00 W | 49 15 N, 2 10 W |
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 | largest and southernmost of Channel Islands; about 30% of population concentrated in Saint Helier |
Highways | total: 12,691 km
paved: 3,262 km unpaved: 9,429 km (1999) |
total:
577 km (1995) paved: NA km unpaved: NA km |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
NA% highest 10%: NA% |
Imports | $2 billion (2002) | $NA |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | machinery and transport equipment, manufactured goods, foodstuffs, mineral fuels, chemicals |
Imports - partners | Germany 12.2%, US 11.1%, Denmark 8.6%, Norway 7.8%, UK 7.5%, Netherlands 6.6% (2001) | UK |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | none (British crown dependency) |
Industrial production growth rate | 0.2% (2001 est.) | NA% |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | tourism, banking and finance, dairy |
Infant mortality rate | 3.53 deaths/1,000 live births (2002 est.) | 5.62 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 5% (2001 est.) | 4.7% (1998) |
International organization participation | Australia Group, BIS, CBSS, CCC, CE, EAPC, EBRD, ECE, EFTA, FAO, IAEA, IBRD, ICAO, ICC, 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, WEU (associate), WHO, WIPO, WMO, WTrO | - |
Internet Service Providers (ISPs) | 20 (2001) | NA |
Irrigated land | NA sq km | 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) | Royal Court (judges elected by an electoral college and the bailiff) |
Labor force | 159,000 (2000) | 57,050 (1996) |
Labor force - by occupation | agriculture 5%, fishing and fish processing 12%, manufacturing 13%, construction 11%, other services 60% (1999) | - |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0.06%
permanent crops: 0% other: 99.94% (23% permanent pastures) (1998 est.) |
arable land:
66% permanent crops: 0% permanent pastures: 0% forests and woodland: 0% other: 34% |
Languages | Icelandic, English, Nordic languages, German widely spoken | English (official), French (official), Norman-French dialect spoken in country districts |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | English law and local statute |
Legislative branch | unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms)
elections: last held 8 May 1999 (next to be held by April 2003) election results: percent of vote by party - Independence Party 40.7%, Social Democratic Alliance (PA, Social Democratic 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, Social Democratic Alliance 17, Progressive Party 12, Left-Green Alliance 6, Liberal Party 2 |
unicameral Assembly of the States (55 voting members - 12 senators, 12 constables or heads of parishes, 29 deputies; all elected for six-year terms, half elected every third year; the bailiff and the deputy bailiff; and 3 non-voting members - the Dean of Jersey, the Attorney General and the Solicitor General all appointed by the monarch
elections: last held NA (next to be held NA) election results: percent of vote - NA%; seats - independents 52 |
Life expectancy at birth | total population: 79.66 years
male: 77.42 years female: 82.07 years (2002 est.) |
total population:
78.63 years male: 76.21 years female: 81.23 years (2001 est.) |
Literacy | definition: age 15 and over can read and write
total population: 99.9% (1997 est.) male: NA% female: NA% |
definition:
NA total population: NA male: NA female: NA |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Western Europe, island in the English Channel, northwest of France |
Map references | Arctic Region | Europe |
Maritime claims | continental shelf: 200 NM or to the edge of the continental margin
exclusive economic zone: 200 NM territorial sea: 12 NM |
exclusive fishing zone:
12 NM territorial sea: 3 NM |
Merchant marine | total: 1 ship (1,000 GRT or over) totaling 1,816 GRT/2,500 DWT
ships by type: chemical tanker 1 (2002 est.) |
none (2000 est.) |
Military - note | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik | defense is the responsibility of the UK |
Military branches | no regular armed forces; Police, Coast Guard | - |
Military expenditures - dollar figure | $0 | - |
Military manpower - availability | males age 15-49: 71,142 (2002 est.) | - |
Military manpower - fit for military service | males age 15-49: 62,556 (2002 est.) | - |
National holiday | Independence Day, 17 June (1944) | Liberation Day, 9 May (1945) |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun:
Channel Islander(s) adjective: Channel Islander |
Natural hazards | earthquakes and volcanic activity | NA |
Natural resources | fish, hydropower, geothermal power, diatomite | arable land |
Net migration rate | -2.27 migrant(s)/1,000 population (2002 est.) | 2.8 migrant(s)/1,000 population (2001 est.) |
Political parties and leaders | Independence Party or IP [David ODDSSON]; Left-Green Alliance or LGP [Steingrimur SIGFUSSON]; Liberal Party or LP [Sverrir HERMANNSSON]; 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] | none; all independents |
Political pressure groups and leaders | NA | none |
Population | 279,384 (July 2002 est.) | 89,361 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.52% (2002 est.) | 0.48% (2001 est.) |
Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | Gorey, Saint Aubin, Saint Helier |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM NA, FM 1, shortwave 0 (1998) |
Radios | 260,000 (1997) | NA |
Railways | 0 km | 0 km |
Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | Anglican, Roman Catholic, Baptist, Congregational New Church, Methodist, Presbyterian |
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 (2002 est.) |
at birth:
1.08 male(s)/female under 15 years: 1.07 male(s)/female 15-64 years: 0.99 male(s)/female 65 years and over: 0.75 male(s)/female total population: 0.96 male(s)/female (2001 est.) |
Suffrage | 18 years of age; universal | NA years of age; universal adult |
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) |
general assessment:
NA domestic: NA international: 3 submarine cables |
Telephones - main lines in use | 196,984 (2001) | 65,500 (1997) |
Telephones - mobile cellular | 248,131 (221,231 GSM, 26,900 NMT) (2001) | 4,400 (1997) |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 1 (1997) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | gently rolling plain with low, rugged hills along north coast |
Total fertility rate | 1.99 children born/woman (2002 est.) | 1.56 children born/woman (2001 est.) |
Unemployment rate | 2.8% (2002 est.) | 0.7% (1998 est.) |
Waterways | none | none |