Iceland (2004) | Marshall Islands (2006) | |
![]() | ![]() | |
Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | 33 municipalities; Ailinginae, Ailinglaplap, Ailuk, Arno, Aur, Bikar, Bikini, Bokak, Ebon, Enewetak, Erikub, Jabat, Jaluit, Jemo, Kili, Kwajalein, Lae, Lib, Likiep, Majuro, Maloelap, Mejit, Mili, Namorik, Namu, Rongelap, Rongrik, Toke, Ujae, Ujelang, Utirik, Wotho, Wotje |
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: 38.1% (male 11,720/female 11,295)
15-64 years: 59.2% (male 18,305/female 17,445) 65 years and over: 2.7% (male 801/female 856) (2006 est.) |
Agriculture - products | potatoes, green vegetables, mutton, dairy products, fish | coconuts, tomatoes, melons, taro, breadfruit, fruits; pigs, chickens |
Airports | 100 (2003 est.) | 15 (2006) |
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: 4
1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2006) |
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: 11
914 to 1,523 m: 10 under 914 m: 1 (2006) |
Area | total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
total: 11,854.3 sq km
land: 181.3 sq km water: 11,673 sq km (note - lagoon waters) note: includes the atolls of Bikini, Enewetak, Kwajalein, Majuro, Rongelap, and Utirik |
Area - comparative | slightly smaller than Kentucky | about 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. | After almost four decades under US administration as the easternmost part of the UN Trust Territory of the Pacific Islands, the Marshall Islands attained independence in 1986 under a Compact of Free Association. Compensation claims continue as a result of US nuclear testing on some of the atolls between 1947 and 1962. The Marshall Islands hosts the US Army Kwajalein Atoll (USAKA) Reagan Missile Test Site, a key installation in the US missile defense network. |
Birth rate | 13.83 births/1,000 population (2004 est.) | 33.05 births/1,000 population (2006 est.) |
Budget | revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
revenues: $42 million
expenditures: $40 million; including capital expenditures of $NA (1999) |
Capital | Reykjavik | name: Majuro
geographic coordinates: 7 05 N, 171 08 E time difference: UTC+12 (17 hours ahead of Washington, DC during Standard Time) |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | tropical; hot and humid; wet season May to November; islands border typhoon belt |
Coastline | 4,988 km | 370.4 km |
Constitution | 16 June 1944, effective 17 June 1944 | 1 May 1979 |
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 the Marshall Islands
conventional short form: Marshall Islands local long form: Republic of the Marshall Islands local short form: Marshall Islands abbreviation: RMI former: Trust Territory of the Pacific Islands, Marshall Islands District |
Currency | Icelandic krona (ISK) | - |
Death rate | 6.57 deaths/1,000 population (2004 est.) | 4.78 deaths/1,000 population (2006 est.) |
Debt - external | $2.6 billion (1999) | $86.5 million (FY99/00 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 Greta N. MORRIS
embassy: Oceanside, Mejen Weto, Long Island, Majuro mailing address: P. O. Box 1379, Majuro, Republic of the Marshall Islands 96960-1379 telephone: [692] 247-4011 FAX: [692] 247-4012 |
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 Banny DE BRUM
chancery: 2433 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 234-5414 FAX: [1] (202) 232-3236 consulate(s) general: Honolulu |
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 | claims US territory of Wake Island |
Economic aid - donor | NA | - |
Economic aid - recipient | - | $51.1 million more than $1 billion from the US, 1986-2002 |
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%. | US Government assistance is the mainstay of this tiny island economy. Agricultural production, primarily subsistence, is concentrated on small farms; the most important commercial crops are coconuts and breadfruit. Small-scale industry is limited to handicrafts, tuna processing, and copra. The tourist industry, now a small source of foreign exchange employing less than 10% of the labor force, remains the best hope for future added income. The islands have few natural resources, and imports far exceed exports. Under the terms of the Amended Compact of Free Association, the US will provide millions of dollars per year to the Marshall Islands (RMI) through 2023, at which time a Trust Fund made up of US and RMI contributions will begin perpetual annual payouts. Government downsizing, drought, a drop in construction, the decline in tourism and foreign investment due to the Asian financial difficulties, and less income from the renewal of fishing vessel licenses have held GDP growth to an average of 1% over the past decade. |
Electricity - consumption | 7.341 billion kWh (2001) | - |
Electricity - exports | 0 kWh (2001) | - |
Electricity - imports | 0 kWh (2001) | - |
Electricity - production | 7.894 billion kWh (2001) | - |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier) |
lowest point: Pacific Ocean 0 m
highest point: unnamed location on Likiep 10 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | inadequate supplies of potable water; pollution of Majuro lagoon from household waste and discharges from fishing vessels |
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, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, 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% | Micronesian |
Exchange rates | Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999) | the US dollar is used |
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 Kessai Hesa NOTE (since 5 January 2004); note - the president is both the chief of state and head of government
head of government: President Kessai Hesa NOTE (since 5 January 2004) cabinet: Cabinet selected by the president from among the members of the legislature elections: president elected by Parliament from among its own members for a four-year term; election last held 17 November 2003 (next to be held November 2007) election results: Kessai Hesa NOTE elected president; percent of Parliament vote - 100% |
Exports | 0 bbl/day (2001) | $9.1 million f.o.b. (2000) |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | copra cake, coconut oil, handicrafts, fish |
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, Japan, Australia, China (2004) |
Fiscal year | calendar year | 1 October - 30 September |
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) | blue with two stripes radiating from the lower hoist-side corner - orange (top) and white; there is a white star with four large rays and 20 small rays on the hoist side above the two stripes |
GDP | purchasing power parity - $8.678 billion (2003 est.) | - |
GDP - composition by sector | agriculture: 9.2% (includes fishing 12%)
industry: 26.7% services: 64.2% (2003 est.) |
agriculture: 31.7%
industry: 14.9% services: 53.4% (2000 est.) |
GDP - per capita | purchasing power parity - $30,900 (2003 est.) | - |
GDP - real growth rate | 2.6% (2003 est.) | 3.5% (2005 est.) |
Geographic coordinates | 65 00 N, 18 00 W | 9 00 N, 168 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 | Bikini and Enewetak are former US nuclear test sites; Kwajalein, the famous World War II battleground, is used as a US missile test range; island city of Ebeye is the second largest settlement in the Marshall Islands, after the capital of Majuro, and one of the most densely populated locations in the Pacific |
Highways | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
- |
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) | $54.7 million f.o.b. (2000) |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | foodstuffs, machinery and equipment, fuels, beverages and tobacco |
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, Japan, Australia, NZ, Singapore, Fiji, China, Philippines (2004) |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | 21 October 1986 (from the US-administered UN trusteeship) |
Industrial production growth rate | 8.1% (2003 est.) | NA% |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | copra, tuna processing, tourism, craft items from seashells, wood, and pearls |
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: 28.43 deaths/1,000 live births
male: 31.93 deaths/1,000 live births female: 24.76 deaths/1,000 live births (2006 est.) |
Inflation rate (consumer prices) | 2.1% (2003 est.) | 3% (2005 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, AsDB, FAO, G-77, IAEA, IBRD, ICAO, ICCt, IDA, IFC, IMF, IMO, Interpol, IOC, ITU, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, WHO |
Irrigated land | NA sq km | 0 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; High Court; Traditional Rights Court |
Labor force | 160,000 (2003) | 14,680 (2000) |
Labor force - by occupation | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) | agriculture: 21.4%
industry: 20.9% services: 57.7% |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
arable land: 11.11%
permanent crops: 44.44% other: 44.45% (2005) |
Languages | Icelandic, English, Nordic languages, German widely spoken | Marshallese 98.2%, other languages 1.8% (1999 census)
note: English widely spoken as a second language; both Marshallese and English are official languages |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws |
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 legislature or Nitijela (33 seats; members elected by popular vote to serve four-year terms)
elections: last held 17 November 2003 (next to be held by November 2007) election results: percent of vote by party - NA%; seats by party - NA note: the Council of Chiefs or Ironij is a 12-member body comprised of tribal chiefs that advises on matters affecting customary law and practice |
Life expectancy at birth | total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 est.) |
total population: 70.31 years
male: 68.33 years female: 72.39 years (2006 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: 93.7% male: 93.6% female: 93.7% (1999) |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Oceania, two archipelagic island chains of 29 atolls, each made up of many small islets, and five single islands in the North Pacific Ocean, about one-half of the way from Hawaii to Australia |
Map references | Arctic Region | Oceania |
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
contiguous zone: 24 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: 795 ships (1000 GRT or over) 30,772,611 GRT/50,987,293 DWT
by type: barge carrier 2, bulk carrier 178, cargo 53, chemical tanker 133, container 147, liquefied gas 25, passenger 7, petroleum tanker 234, refrigerated cargo 2, roll on/roll off 7, specialized tanker 2, vehicle carrier 5 foreign-owned: 730 (Australia 2, Bermuda 4, Brazil 1, Canada 6, Chile 1, Croatia 2, Cyprus 15, Denmark 1, Finland 2, Germany 194, Greece 199, Hong Kong 7, Isle of Man 1, Italy 1, Japan 7, South Korea 1, Latvia 7, Monaco 8, Netherlands 1, Norway 65, Russia 1, Saudi Arabia 1, Singapore 6, Slovenia 3, Spain 3, Switzerland 13, Turkey 20, UAE 3, UK 12, US 143) registered in other countries: 1 (North Korea 1) (2006) |
Military - note | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik | defense is the responsibility of the US |
Military branches | no regular armed forces; Police, Coast Guard | no regular military forces; Marshall Islands Police |
Military expenditures - dollar figure | 0 | NA |
Military expenditures - percent of GDP | - | NA |
Military manpower - availability | males age 15-49: 75,568 (2004 est.) | - |
Military manpower - fit for military service | males age 15-49: 66,503 (2004 est.) | - |
National holiday | Independence Day, 17 June (1944) | Constitution Day, 1 May (1979) |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun: Marshallese (singular and plural)
adjective: Marshallese |
Natural hazards | earthquakes and volcanic activity | infrequent typhoons |
Natural resources | fish, hydropower, geothermal power, diatomite | coconut products, marine products, deep seabed minerals |
Net migration rate | 2.38 migrant(s)/1,000 population (2004 est.) | -5.78 migrant(s)/1,000 population (2006 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] | traditionally there have been no formally organized political parties; what has existed more closely resembles factions or interest groups because they do not have party headquarters, formal platforms, or party structures; the following two "groupings" have competed in legislative balloting in recent years - Aelon Kein Ad Party [Michael KABUA] and United Democratic Party or UDP [Litokwa TOMEING] |
Political pressure groups and leaders | NA | NA |
Population | 293,966 (July 2004 est.) | 60,422 (July 2006 est.) |
Population below poverty line | NA | NA% |
Population growth rate | 0.97% (2004 est.) | 2.25% (2006 est.) |
Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | - |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 1, FM 3, shortwave 0
note: additionally, the US Armed Forces Radio and Television Services (Central Pacific Network) operate one FM and one AM station on Kwajalein (2005) |
Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | Protestant 54.8%, Assembly of God 25.8%, Roman Catholic 8.4%, Bukot nan Jesus 2.8%, Mormon 2.1%, other Christian 3.6%, other 1%, none 1.5% (1999 census) |
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: 1.04 male(s)/female 15-64 years: 1.05 male(s)/female 65 years and over: 0.94 male(s)/female total population: 1.04 male(s)/female (2006 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: digital switching equipment; modern services include telex, cellular, internet, international calling, caller ID, and leased data circuits
domestic: Majuro Atoll and Ebeye and Kwajalein islands have regular, seven-digit, direct-dial telephones; other islands interconnected by high frequency radiotelephone (used mostly for government purposes) and mini-satellite telephones international: country code - 692; satellite earth stations - 2 Intelsat (Pacific Ocean); US Government satellite communications system on Kwajalein (2001) |
Telephones - main lines in use | 190,700 (2003) | 5,510 (2004) |
Telephones - mobile cellular | 279,100 (2003) | 1,198 (2004) |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 2 (both are US military stations)
note: Marshalls Broadcasting Service (cable company) operates on Majuro (2005) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | low coral limestone and sand islands |
Total fertility rate | 1.93 children born/woman (2004 est.) | 3.85 children born/woman (2006 est.) |
Unemployment rate | 3.4% (2003 est.) | 30.9% (2000 est.) |