Iceland (2004) | Equatorial Guinea (2004) | |
![]() | ![]() | |
Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | 7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas |
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: 42% (male 110,268; female 109,222)
15-64 years: 54.3% (male 136,370; female 147,431) 65 years and over: 3.8% (male 8,745; female 11,015) (2004 est.) |
Agriculture - products | potatoes, green vegetables, mutton, dairy products, fish | coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber |
Airports | 100 (2003 est.) | 3 (2003 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: 3
2,438 to 3,047 m: 1 1,524 to 2,437 m: 1 less than 914 m: 1 (2004 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.) |
total: 1
under 914 m: 1 (2004 est.) |
Area | total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
total: 28,051 sq km
land: 28,051 sq km water: 0 sq km |
Area - comparative | slightly smaller than Kentucky | slightly smaller than Maryland |
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. | Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. This tiny country, composed of a mainland portion plus five inhabited islands, is one of the smallest on the African continent. President OBIANG NGUEM MBASOGO has ruled the country for over two decades since seizing power from his uncle, then President MACIAS, in a 1979 coup. 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. The president controls most opposition parties through the judicious use of patronage. Despite the country's economic windfall from oil production resulting in a massive increase in government revenue in recent years, there have been few improvements in the country's living standards. |
Birth rate | 13.83 births/1,000 population (2004 est.) | 36.56 births/1,000 population (2004 est.) |
Budget | revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
revenues: $708.5 million
expenditures: $317.6 million, including capital expenditures of NA (2003 est.) |
Capital | Reykjavik | Malabo |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | tropical; always hot, humid |
Coastline | 4,988 km | 296 km |
Constitution | 16 June 1944, effective 17 June 1944 | approved by national referendum 17 November 1991; amended January 1995 |
Country name | conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island |
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 |
Currency | Icelandic krona (ISK) | Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States |
Death rate | 6.57 deaths/1,000 population (2004 est.) | 12.27 deaths/1,000 population (2004 est.) |
Debt - external | $2.6 billion (1999) | $248 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 |
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 |
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 Teodoro Biyogo NSUE
chancery: 2020 16th Street NW, Washington, DC 20009 telephone: [1] (202) 518-5700 FAX: [1] (202) 518-5252 |
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 | in 2002, ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but a dispute between Equatorial Guinea and Cameroon over an island at the mouth of the Ntem River, imprecisely defined coordinates in the ICJ decision, and the unresolved Bakasi allocation contribute to the delay in implementation; creation of a maritime boundary in hydrocarbon-rich Corisco Bay with Gabon is hampered by dispute over Mbane Island, administered and occupied by Gabon since the 1970s |
Economic aid - donor | NA | - |
Economic aid - recipient | - | $33.8 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%. | 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 2004, led by oil. |
Electricity - consumption | 7.341 billion kWh (2001) | 21.91 million kWh (2001) |
Electricity - exports | 0 kWh (2001) | 0 kWh (2001) |
Electricity - imports | 0 kWh (2001) | 0 kWh (2001) |
Electricity - production | 7.894 billion kWh (2001) | 23.56 million kWh (2001) |
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: Pico Basile 3,008 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | tap water is not potable; deforestation |
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: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ship Pollution
signed, but not ratified: none of the selected agreements |
Ethnic groups | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% | Bioko (primarily Bubi, some Fernandinos), Rio Muni (primarily Fang), Europeans less than 1,000, mostly Spanish |
Exchange rates | Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999) | Communaute Financiere Africaine francs (XAF) per US dollar - 581.2 (2003), 696.988 (2002), 733.039 (2001), 711.976 (2000), 615.699 (1999) |
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: 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 Miguel Abia BITEO BORICO (since 14 June 2004); 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 |
Exports | 0 bbl/day (2001) | NA (2001) |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | petroleum, methanol, timber, cocoa |
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) | US 33.6%, Spain 25.8%, China 14.4%, Canada 11.8%, Italy 6.4% (2003) |
Fiscal year | calendar year | 1 January - 31 December |
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 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) |
GDP | purchasing power parity - $8.678 billion (2003 est.) | purchasing power parity - $1.27 billion (2002 est.) |
GDP - composition by sector | agriculture: 9.2% (includes fishing 12%)
industry: 26.7% services: 64.2% (2003 est.) |
agriculture: 20%
industry: 60% services: 2.4% (2003 est.) |
GDP - per capita | purchasing power parity - $30,900 (2003 est.) | purchasing power parity - $2,700 (2002 est.) |
GDP - real growth rate | 2.6% (2003 est.) | 20% (2002 est.) |
Geographic coordinates | 65 00 N, 18 00 W | 2 00 N, 10 00 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 | insular and continental regions rather widely separated |
Highways | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
total: 2,880 km (1999 est.) |
Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: NA
highest 10%: NA |
Imports | 15,470 bbl/day (2001) | NA (2001) |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | petroleum sector equipment, other equipment |
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 30.6%, UK 16%, France 15.1%, Cote d'Ivoire 11.9%, Spain 8.1%, Norway 5.9%, Italy 5.3% (2003) |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | 12 October 1968 (from Spain) |
Industrial production growth rate | 8.1% (2003 est.) | 30% (2002 est.) |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | petroleum, fishing, sawmilling, natural gas |
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.) |
total: 87.08 deaths/1,000 live births
male: 93.27 deaths/1,000 live births female: 80.71 deaths/1,000 live births (2004 est.) |
Inflation rate (consumer prices) | 2.1% (2003 est.) | 6% (2003 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 | ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, MIGA, NAM, OAS (observer), OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTrO (observer) |
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 Tribunal |
Labor force | 160,000 (2003) | NA (October 2000) |
Labor force - by occupation | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) | - |
Land boundaries | 0 km | total: 539 km
border countries: Cameroon 189 km, Gabon 350 km |
Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
arable land: 4.63%
permanent crops: 3.57% other: 91.8% (2001) |
Languages | Icelandic, English, Nordic languages, German widely spoken | Spanish (official), French (official), pidgin English, Fang, Bubi, Ibo |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | partly based on Spanish civil law and tribal custom |
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 |
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 24 April 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: Parliament has little power since the constitution vests all executive authority in the president |
Life expectancy at birth | total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 est.) |
total population: 55.15 years
male: 53 years female: 57.36 years (2004 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 can read and write
total population: 85.7% male: 93.3% female: 78.4% (2003 est.) |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon |
Map references | Arctic Region | Africa |
Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin |
territorial sea: 12 nm
exclusive economic zone: 200 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: 3 ships (1,000 GRT or over) 6,556 GRT/9,704 DWT
by type: cargo 2, passenger/cargo 1 registered in other countries: 1 (2004 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 | Army, Navy, Air Force, Rapid Intervention Force |
Military expenditures - dollar figure | 0 | $75.1 million (2003) |
Military expenditures - percent of GDP | - | 2.5% (2003) |
Military manpower - availability | males age 15-49: 75,568 (2004 est.) | males age 15-49: 120,463 (2004 est.) |
Military manpower - fit for military service | males age 15-49: 66,503 (2004 est.) | males age 15-49: 61,084 (2004 est.) |
National holiday | Independence Day, 17 June (1944) | Independence Day, 12 October (1968) |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun: Equatorial Guinean(s) or Equatoguinean(s)
adjective: Equatorial Guinean or Equatoguinean |
Natural hazards | earthquakes and volcanic activity | violent windstorms, flash floods |
Natural resources | fish, hydropower, geothermal power, diatomite | oil, petroleum, timber, small unexploited deposits of gold, manganese, uranium, titanium, iron ore |
Net migration rate | 2.38 migrant(s)/1,000 population (2004 est.) | 0 migrant(s)/1,000 population (2004 est.) |
Pipelines | - | condensate 37 km; gas 39 km; liquid natural gas 4 km; oil 24 km (2004) |
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] | 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] |
Political pressure groups and leaders | NA | NA |
Population | 293,966 (July 2004 est.) | 523,051 (July 2004 est.) |
Population below poverty line | NA | NA |
Population growth rate | 0.97% (2004 est.) | 2.43% (2004 est.) |
Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | Bata, Luba, Malabo |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 0, FM 3, shortwave 5 (2002) |
Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | nominally Christian and predominantly Roman Catholic, pagan practices |
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: 1.03 male(s)/female
under 15 years: 1.01 male(s)/female 15-64 years: 0.93 male(s)/female 65 years and over: 0.79 male(s)/female total population: 0.95 male(s)/female (2004 est.) |
Suffrage | 18 years of age; universal | 18 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: 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: poor system with adequate government services
domestic: NA international: country code - 240; international communications from Bata and Malabo to African and European countries; satellite earth station - 1 Intelsat (Indian Ocean) |
Telephones - main lines in use | 190,700 (2003) | 9,600 (2003) |
Telephones - mobile cellular | 279,100 (2003) | 41,500 (2003) |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 1 (2002) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | coastal plains rise to interior hills; islands are volcanic |
Total fertility rate | 1.93 children born/woman (2004 est.) | 4.68 children born/woman (2004 est.) |
Unemployment rate | 3.4% (2003 est.) | 30% (1998 est.) |