Iceland (2004) | Barbados (2001) | |
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Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | 11 parishes; Christ Church, Saint Andrew, Saint George, Saint James, Saint John, Saint Joseph, Saint Lucy, Saint Michael, Saint Peter, Saint Philip, Saint Thomas; note - the city of Bridgetown may be given parish status |
Age structure | 0-14 years: 22.5% (male 33,522; female 32,489)
15-64 years: 65.8% (male 98,091; female 95,450) 65 years and over: 11.7% (male 15,552; female 18,862) (2004 est.) |
0-14 years:
21.68% (male 30,122; female 29,572) 15-64 years: 69.44% (male 93,283; female 97,915) 65 years and over: 8.88% (male 9,432; female 15,006) (2001 est.) |
Agriculture - products | potatoes, green vegetables, mutton, dairy products, fish | sugarcane, vegetables, cotton |
Airports | 100 (2003 est.) | 1 (2000 est.) |
Airports - with paved runways | total: 5
over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2004 est.) |
total:
1 over 3,047 m: 1 (2000 est.) |
Airports - with unpaved runways | total: 93
1,524 to 2,437 m: 3 914 to 1,523 m: 29 under 914 m: 61 (2004 est.) |
- |
Area | total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
total:
430 sq km land: 430 sq km water: 0 sq km |
Area - comparative | slightly smaller than Kentucky | 2.5 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 was uninhabited when first settled by the British in 1627. Its economy remained heavily dependent on sugar, rum, and molasses production through most of the 20th century. In the 1990s, tourism and manufacturing surpassed the sugar industry in economic importance. |
Birth rate | 13.83 births/1,000 population (2004 est.) | 13.47 births/1,000 population (2001 est.) |
Budget | revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
revenues:
$725.5 million expenditures: $750.6 million, including capital expenditures of $126.3 million (FY97/98 est.) |
Capital | Reykjavik | Bridgetown |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | tropical; rainy season (June to October) |
Coastline | 4,988 km | 97 km |
Constitution | 16 June 1944, effective 17 June 1944 | 30 November 1966 |
Country name | conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island |
conventional long form:
none conventional short form: Barbados |
Currency | Icelandic krona (ISK) | Barbadian dollar (BBD) |
Death rate | 6.57 deaths/1,000 population (2004 est.) | 8.53 deaths/1,000 population (2001 est.) |
Debt - external | $2.6 billion (1999) | $425 million (2000 est.) |
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] 562-9100 FAX: [354] 562-9118 |
chief of mission:
Ambassador James A. DALEY embassy: Canadian Imperial Bank of Commerce Building, Broad Street, Bridgetown mailing address: P. O. Box 302, Bridgetown; FPO AA 34055 telephone: [1] (246) 436-4950 FAX: [1] (246) 429-5246 |
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 |
chief of mission:
Ambassador Michael KING chancery: 2144 Wyoming Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-9200 FAX: [1] (202) 332-7467 consulate(s) general: Miami and New York consulate(s): Los Angeles |
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) remains dormant; 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 | - | $9.1 million (1995) |
Economy - overview | 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 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%. | Historically, the Barbadian economy had been dependent on sugarcane cultivation and related activities, but production in recent years has diversified into manufacturing and tourism. The start of the Port Charles Marina project in Speightstown helped the tourism industry continue to expand in 1996-2000. Offshore finance and information services are important foreign exchange earners, and there is also a light manufacturing sector. The government continues its efforts to reduce unemployment, encourage direct foreign investment, and privatize remaining state-owned enterprises. Growth should remain steady in 2001, with new tourist facilities a plus factor. |
Electricity - consumption | 7.341 billion kWh (2001) | 667.7 million kWh (1999) |
Electricity - exports | 0 kWh (2001) | 0 kWh (1999) |
Electricity - imports | 0 kWh (2001) | 0 kWh (1999) |
Electricity - production | 7.894 billion kWh (2001) | 718 million kWh (1999) |
Electricity - production by source | - | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier) |
lowest point:
Atlantic Ocean 0 m highest point: Mount Hillaby 336 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | pollution of coastal waters from waste disposal by ships; soil erosion; illegal solid waste disposal threatens contamination of aquifers |
Environment - international agreements | party to: Air Pollution, 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: Air Pollution-Persistent Organic Pollutants, Environmental Modification, Marine Life Conservation |
party to:
Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution signed, but not ratified: Biodiversity |
Ethnic groups | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% | black 80%, white 4%, other 16% |
Exchange rates | Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999) | Barbadian dollars per US dollar - 2.0000 (fixed rate pegged to the US dollar) |
Executive branch | 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); prime minister appointed by the president election results: Olafur Ragnar GRIMSSON wins with 85.6% of the vote, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9% |
chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor General Sir Clifford Straughn HUSBANDS (since 1 June 1996) head of government: Prime Minister Owen Seymour ARTHUR (since 6 September 1994); Deputy Prime Minister Billie MILLER (since 6 September 1994) cabinet: Cabinet appointed by the governor general on the advice of the prime minister elections: none; the monarch is hereditary; governor general appointed by the monarch; prime minister appointed by the governor general |
Exports | 0 bbl/day (2001) | $260 million (2000 est.) |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | sugar and molasses, rum, other foods and beverages, chemicals, electrical components, clothing |
Exports - partners | Germany 17.4%, UK 17.4%, Netherlands 11.2%, US 9.8%, Spain 6.3%, Denmark 5%, Norway 4.5%, France 4% (2003) | UK 14.8%, US 11.6%, Trinidad and Tobago 7.6%, Venezuela 6.1%, Jamaica 5.8% (1998) |
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) | three equal vertical bands of blue (hoist side), gold, and blue with the head of a black trident centered on the gold band; the trident head represents independence and a break with the past (the colonial coat of arms contained a complete trident) |
GDP | purchasing power parity - $8.678 billion (2003 est.) | purchasing power parity - $4 billion (2000 est.) |
GDP - composition by sector | agriculture: 9.2% (includes fishing 12%)
industry: 26.7% services: 64.2% (2003 est.) |
agriculture:
4% industry: 16% services: 80% (1998) |
GDP - per capita | purchasing power parity - $30,900 (2003 est.) | purchasing power parity - $14,500 (2000 est.) |
GDP - real growth rate | 2.6% (2003 est.) | 2.8% (2000 est.) |
Geographic coordinates | 65 00 N, 18 00 W | 13 10 N, 59 32 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 | easternmost Caribbean island |
Highways | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
total:
1,600 km paved: 1,578 km unpaved: 22 km (1998) |
Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%:
NA% highest 10%: NA% |
Illicit drugs | - | one of many Caribbean transshipment points for narcotics bound for Europe and the US |
Imports | 15,470 bbl/day (2001) | $800.3 million (2000 est.) |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | consumer goods, machinery, foodstuffs, construction materials, chemicals, fuel, electrical components |
Imports - partners | Germany 11.8%, Denmark 8%, US 7.5%, UK 7.5%, Norway 7%, Sweden 6.5%, Netherlands 6.2%, Italy 4.7% (2003) | US 30.7%, Trinidad and Tobago 10.2%, Japan 8.3%, UK 7.7%, Canada 2.2% (1998) |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | 30 November 1966 (from UK) |
Industrial production growth rate | 8.1% (2003 est.) | 0.8% (1996) |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | tourism, sugar, light manufacturing, component assembly for export |
Infant mortality rate | total: 3.31 deaths/1,000 live births
male: 3.44 deaths/1,000 live births female: 3.17 deaths/1,000 live births (2004 est.) |
12.04 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 2.1% (2003 est.) | 2% (2000 est.) |
International organization participation | 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 | ACP, C, Caricom, CCC, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, ISO, ITU, LAES, NAM, OAS, OPANAL, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WTrO |
Internet Service Providers (ISPs) | - | 19 (2000) |
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) | Supreme Court of Judicature (judges are appointed by the Service Commissions for the Judicial and Legal Services) |
Labor force | 160,000 (2003) | 136,000 (1998 est.) |
Labor force - by occupation | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) | services 75%, industry 15%, agriculture 10% (1996 est.) |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
arable land:
37% permanent crops: 0% permanent pastures: 5% forests and woodland: 12% other: 46% (1993 est.) |
Languages | Icelandic, English, Nordic languages, German widely spoken | English |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | English common law; no judicial review of legislative acts |
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 |
bicameral Parliament consists of the Senate (21-member body appointed by the governor general) and the House of Assembly (28 seats; members are elected by direct popular vote to serve five-year terms)
elections: House of Assembly - last held 20 January 1999 (next to be held by January 2004) election results: House of Assembly - percent of vote by party - NA%; seats by party - BLP 26, DLP 2 |
Life expectancy at birth | total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 est.) |
total population:
73.25 years male: 70.66 years female: 75.86 years (2001 est.) |
Literacy | definition: age 15 and over can read and write
total population: 99.9% (1997 est.) male: NA female: NA |
definition:
age 15 and over has ever attended school total population: 97.4% male: 98% female: 96.8% (1995 est.) |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Caribbean, island between the Caribbean Sea and the North Atlantic Ocean, northeast of Venezuela |
Map references | Arctic Region | Central America and the Caribbean |
Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm 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) 4,341 GRT/6,019 DWT
by type: petroleum tanker 1 registered in other countries: 26 (2004 est.) |
total:
47 ships (1,000 GRT or over) totaling 671,545 GRT/1,125,635 DWT ships by type: bulk 10, cargo 28, combination bulk 1, container 2, petroleum tanker 4, refrigerated cargo 1, roll on/roll off 1 note: includes some foreign-owned ships registered here as a flag of convenience: Canada 2, Hong Kong 1 (2000 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 | Royal Barbados Defense Force (includes Ground Forces and Coast Guard), Royal Barbados Police Force |
Military expenditures - dollar figure | 0 | $NA |
Military expenditures - percent of GDP | - | NA% |
Military manpower - availability | males age 15-49: 75,568 (2004 est.) | males age 15-49:
78,069 (2001 est.) |
Military manpower - fit for military service | males age 15-49: 66,503 (2004 est.) | males age 15-49:
53,576 (2001 est.) |
National holiday | Independence Day, 17 June (1944) | Independence Day, 30 November (1966) |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun:
Barbadian(s) or Bajan (colloquial) adjective: Barbadian or Bajan (colloquial) |
Natural hazards | earthquakes and volcanic activity | infrequent hurricanes; periodic landslides |
Natural resources | fish, hydropower, geothermal power, diatomite | petroleum, fish, natural gas |
Net migration rate | 2.38 migrant(s)/1,000 population (2004 est.) | -0.32 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 [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] | Barbados Labor Party or BLP [Owen ARTHUR]; Democratic Labor Party or DLP [David THOMPSON]; National Democratic Party or NDP [Richard HAYNES] |
Political pressure groups and leaders | NA | Barbados Workers Union [Leroy TROTMAN]; Clement Payne Labor Union [David COMMISSIONG]; People's Progressive Movement [Eric SEALY]; Worker's Party of Barbados [Dr. George BELLE] |
Population | 293,966 (July 2004 est.) | 275,330 (July 2001 est.) |
Population below poverty line | NA | NA% |
Population growth rate | 0.97% (2004 est.) | 0.46% (2001 est.) |
Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | Bridgetown, Speightstown (Port Charles Marina) |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 2, FM 3, shortwave 0 (1998) |
Radios | - | 237,000 (1997) |
Railways | - | 0 km |
Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | Protestant 67% (Anglican 40%, Pentecostal 8%, Methodist 7%, other 12%), Roman Catholic 4%, none 17%, other 12% |
Sex ratio | 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: 0.83 male(s)/female total population: 1 male(s)/female (2004 est.) |
at birth:
1.01 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.63 male(s)/female total population: 0.93 male(s)/female (2001 est.) |
Suffrage | 18 years of age; universal | 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: 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) |
general assessment:
NA domestic: island-wide automatic telephone system international: satellite earth stations - 4 Intelsat (Atlantic Ocean); tropospheric scatter to Trinidad and Saint Lucia |
Telephones - main lines in use | 190,700 (2003) | 108,000 (1997) |
Telephones - mobile cellular | 279,100 (2003) | 8,013 (1997) |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 1 (plus two cable channels) (1997) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | relatively flat; rises gently to central highland region |
Total fertility rate | 1.93 children born/woman (2004 est.) | 1.64 children born/woman (2001 est.) |
Unemployment rate | 3.4% (2003 est.) | 11% (1999 est.) |
Waterways | - | none |