Iceland (2004) | Macau (2002) | |
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Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | none (special administrative region of China) |
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: 21.8% (male 52,262; female 48,439)
15-64 years: 70.9% (male 154,942; female 172,647) 65 years and over: 7.3% (male 13,616; female 19,927) (2002 est.) |
Agriculture - products | potatoes, green vegetables, mutton, dairy products, fish | rice, vegetables |
Airports | 100 (2003 est.) | 1 (2001) |
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 (2002) |
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: 25.4 sq km
land: 25.4 sq km water: 0 sq km |
Area - comparative | slightly smaller than Kentucky | about 0.1 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. | Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987, Macau became the Macau Special Administrative Region (SAR) of China on 20 December 1999. China has promised that, under its "one country, two systems" formula, China's socialist economic system will not be practiced in Macau and that Macau will enjoy a high degree of autonomy in all matters except foreign and defense affairs. |
Birth rate | 13.83 births/1,000 population (2004 est.) | 12.19 births/1,000 population (2002 est.) |
Budget | revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
revenues: $1.15 billion
expenditures: $1.03 billion, including capital expenditures of $166 million (2000 est.) |
Capital | Reykjavik | - |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | subtropical; marine with cool winters, warm summers |
Coastline | 4,988 km | 41 km |
Constitution | 16 June 1944, effective 17 June 1944 | Basic Law, approved in March 1993 by China's National People's Congress, is Macau's "mini-constitution" |
Country name | conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island |
conventional long form: Macau Special Administrative Region
conventional short form: Macau local long form: Aomen Tebie Xingzhengqu (Chinese); Regiao Administrativa Especial de Macau (Portuguese) local short form: Aomen (Chinese); Macau (Portuguese) |
Currency | Icelandic krona (ISK) | pataca (MOP) |
Death rate | 6.57 deaths/1,000 population (2004 est.) | 3.78 deaths/1,000 population (2002 est.) |
Debt - external | $2.6 billion (1999) | $1.5 billion (1998) |
Dependency status | - | special administrative region of China |
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 has no offices in Macau, and US interests are monitored by the US Consulate General in Hong Kong |
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 (special administrative region of China) |
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 | - | $NA |
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%. | Macau's economy two years after reversion to China remains one of the most open in the world, according to the World Trade Organization. The government collects no duty on imports and sets no restrictions on exports beyond those required by international agreements. The territory's net exports of goods and services account for 35% of GDP, with tourism and apparel exports as the mainstays. The territory therefore has been hit hard by the 2001 downturn in its key US and EU export markets. Tourism remained strong, however, driven by a surge in visitors from mainland China. In response to the expected contraction of the economy in 2002, the government has announced a stimulative income tax cut and public works program that will push the budget into deficit. China already has extended support by easing restrictions on travel to Macau and is proposing a China-Hong Kong-Macau free trade area. China's economic weight is increasingly felt, with the mainland now holding more than 50% of assets in the financial, real estate, and construction sectors. Mainlanders, however, have been excluded from bidding on the gambling industry licenses that Macau is offering to break up the territory's four-decade-old gambling monopoly. Gambling taxes account for up to 60% of revenue, and the government with Beijing's backing intends to revitalize the industry. |
Electricity - consumption | 7.341 billion kWh (2001) | 1.476 billion kWh (2000) |
Electricity - exports | 0 kWh (2001) | 1 million kWh (2000) |
Electricity - imports | 0 kWh (2001) | 175 million kWh (2000) |
Electricity - production | 7.894 billion kWh (2001) | 1.4 billion kWh (2000) |
Electricity - production by source | - | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2000) |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier) |
lowest point: South China Sea 0 m
highest point: Coloane Alto 172.4 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | NA |
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 |
- |
Ethnic groups | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% | Chinese 95%, Macanese (mixed Portuguese and Asian ancestry), Portuguese, other |
Exchange rates | Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999) | patacas per US dollar - 8.033 (January 2002), 8.034 (2001), 8.026 (2000), 7.992 (1999), 7.979 (1998), 7.975 (1997); note - linked to the Hong Kong dollar at the rate of 1.03 patacas per Hong Kong 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: President of China JIANG Zemin (since 27 March 1993)
head of government: Chief Executive Edmund HO Hau-wah (since 20 December 1999) cabinet: Executive Council consists of all five government secretaries, three legislators, and two businessmen elections: chief executive chosen by a 200-member selection committee for up to two five-year terms |
Exports | 0 bbl/day (2001) | $2.5 billion f.o.b. (2000) |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | clothing, textiles, cement, electronics, cameras |
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 48%, EU 28%, China 10%, Hong Kong 7% (2000) |
Fiscal year | calendar year | calendar year |
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) | light green with a lotus flower above a stylized bridge and water in white, beneath an arc of five gold, five-pointed stars: one large in center of arc and four smaller |
GDP | purchasing power parity - $8.678 billion (2003 est.) | purchasing power parity - $8 billion (2001 est.) |
GDP - composition by sector | agriculture: 9.2% (includes fishing 12%)
industry: 26.7% services: 64.2% (2003 est.) |
agriculture: 1%
industry: 25% services: 74% (2000 est.) |
GDP - per capita | purchasing power parity - $30,900 (2003 est.) | purchasing power parity - $17,600 (2001 est.) |
GDP - real growth rate | 2.6% (2003 est.) | 0.5% (2001 est.) |
Geographic coordinates | 65 00 N, 18 00 W | 22 10 N, 113 33 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 | essentially urban; one causeway and two bridges connect the two islands of Coloane and Taipa to the peninsula on mainland |
Highways | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
total: 50 km
paved: 50 km unpaved: 0 km (2001) |
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) | $2.3 billion c.i.f. (2000) |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | clothing, textiles, yarn, minerals, electrical machinery, fuel, livestock |
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) | China 41%, Hong Kong 15%, EU 10%, Taiwan 10%, Japan 6% (2000) |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | none (special administrative region of China) |
Industrial production growth rate | 8.1% (2003 est.) | NA% |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | tourism, gambling, clothing, textiles, electronics, footwear, toys |
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.) |
4.44 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 2.1% (2003 est.) | -2% (2001 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 | CCC, ESCAP (associate), IHO, IMO (associate), Interpol (subbureau), ISO (correspondent), UNESCO (associate), WMO, WToO (associate), WTrO |
Internet Service Providers (ISPs) | - | 1 (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) | The Court of Final Appeal in the Macau Special Administrative Region |
Labor force | 160,000 (2003) | 218,000 (2001) |
Labor force - by occupation | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) | restaurants and hotels 26%, manufacturing 20%, other services and agriculture 54% (2000 est.) |
Land boundaries | 0 km | total: 0.34 km
border countries: China 0.34 km |
Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
arable land: 0%
permanent crops: 0% other: 100% note: "green areas" represent 22.4% (1998 est.) |
Languages | Icelandic, English, Nordic languages, German widely spoken | Portuguese, Chinese (Cantonese) |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | based on Portuguese civil law system |
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 Legislative Council or LEGCO (27 seats; 10 elected by popular vote, 10 by indirect vote, and 7 appointed by the chief executive; members serve four-year terms)
elections: last held 23 September 2001 (next to be held NA 2005) election results: percent of vote - NA%; seats by political bloc - Entertainment Industry 3, pro-democracy 2, pro-Beijing Labor Union 2, pro-Beijing Neighborhood Association 2, pro-business 1 |
Life expectancy at birth | total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 est.) |
total population: 81.78 years
male: 78.97 years female: 84.73 years (2002 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: 90% male: 93% female: 86% (1981 est.) |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Eastern Asia, bordering the South China Sea and China |
Map references | Arctic Region | Southeast Asia |
Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin |
not specified |
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.) |
none (2002 est.) |
Military - note | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik | responsibility for defense reverted to China on 20 December 1999 |
Military branches | no regular armed forces; Police, Coast Guard | no regular indigenous military forces; responsibility for defense reverted to China on 20 December 1999; there is a local police force |
Military expenditures - dollar figure | 0 | - |
Military manpower - availability | males age 15-49: 75,568 (2004 est.) | males age 15-49: 128,005 (2002 est.) |
Military manpower - fit for military service | males age 15-49: 66,503 (2004 est.) | males age 15-49: 70,508 (2002 est.) |
National holiday | Independence Day, 17 June (1944) | National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 20 December 1999 is celebrated as Macau Special Administrative Region Establishment Day |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun: Chinese
adjective: Chinese |
Natural hazards | earthquakes and volcanic activity | typhoons |
Natural resources | fish, hydropower, geothermal power, diatomite | NEGL |
Net migration rate | 2.38 migrant(s)/1,000 population (2004 est.) | 9.08 migrant(s)/1,000 population (2002 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] | there are no formal political parties, however, there are civic associations that, for purposes of legislative voting, join together to form political blocs |
Political pressure groups and leaders | NA | Catholic Church [Domingos LAM, bishop]; Macau Society of Tourism and Entertainment or STDM [Stanley HO, managing director]; Union for Democracy Development [Antonio NG Kuok-cheong, leader] |
Population | 293,966 (July 2004 est.) | 461,833 (July 2002 est.) |
Population below poverty line | NA | NA% |
Population growth rate | 0.97% (2004 est.) | 1.75% (2002 est.) |
Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | Macau |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 0, FM 2, shortwave 0 (1998) |
Radios | - | 160,000 (1997) |
Railways | - | 0 km |
Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | Buddhist 50%, Roman Catholic 15%, none and other 35% (1997 est.) |
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: 1.05 male(s)/female
under 15 years: 1.08 male(s)/female 15-64 years: 0.9 male(s)/female 65 years and over: 0.68 male(s)/female total population: 0.92 male(s)/female (2002 est.) |
Suffrage | 18 years of age; universal | direct election 18 years of age, universal for permanent residents living in Macau for the past seven years; indirect election limited to organizations registered as "corporate voters" (257 are currently registered) and a 300-member Election Committee drawn from broad regional groupings, municipal organizations, and central government bodies |
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: fairly modern communication facilities maintained for domestic and international services
domestic: NA international: HF radiotelephone communication facility; access to international communications carriers provided via Hong Kong and China; satellite earth station - 1 Intelsat (Indian Ocean) |
Telephones - main lines in use | 190,700 (2003) | 176,902 (November 2001) |
Telephones - mobile cellular | 279,100 (2003) | 158,251 (November 2001) |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 0 (receives Hong Kong broadcasts) (1997) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | generally flat |
Total fertility rate | 1.93 children born/woman (2004 est.) | 1.31 children born/woman (2002 est.) |
Unemployment rate | 3.4% (2003 est.) | 6.5% (2001 est.) |
Waterways | - | none |