Iceland (2004) | Trinidad and Tobago (2002) | |
![]() | ![]() | |
Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | 8 counties, 3 municipalities*, and 1 ward**; Arima*, Caroni, Mayaro, Nariva, Port-of-Spain*, Saint Andrew, Saint David, Saint George, Saint Patrick, San Fernando*, Tobago**, Victoria |
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: 23% (male 136,807; female 131,177)
15-64 years: 70.2% (male 419,847; female 396,643) 65 years and over: 6.8% (male 35,146; female 44,104) (2002 est.) |
Agriculture - products | potatoes, green vegetables, mutton, dairy products, fish | cocoa, sugarcane, rice, citrus, coffee, vegetables; poultry |
Airports | 100 (2003 est.) | 6 (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: 3
over 3,047 m: 1 2,438 to 3,047 m: 1 1,524 to 2,437 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.) |
total: 3
914 to 1,523 m: 1 under 914 m: 2 (2002) |
Area | total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
total: 5,128 sq km
land: 5,128 sq km water: 0 sq km |
Area - comparative | slightly smaller than Kentucky | slightly smaller than Delaware |
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 islands came under British control in the 19th century; independence was granted in 1962. The country is one of the most prosperous in the Caribbean thanks largely to petroleum and natural gas production and processing. Tourism, mostly in Tobago, is targeted for expansion and is growing. |
Birth rate | 13.83 births/1,000 population (2004 est.) | 13.66 births/1,000 population (2002 est.) |
Budget | revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
revenues: $1.54 billion
expenditures: $1.6 billion, including capital expenditures of $117.3 million (1998) (1998) |
Capital | Reykjavik | Port-of-Spain |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | tropical; rainy season (June to December) |
Coastline | 4,988 km | 362 km |
Constitution | 16 June 1944, effective 17 June 1944 | 1 August 1976 |
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 Trinidad and Tobago
conventional short form: Trinidad and Tobago |
Currency | Icelandic krona (ISK) | Trinidad and Tobago dollar (TTD) |
Death rate | 6.57 deaths/1,000 population (2004 est.) | 8.81 deaths/1,000 population (2002 est.) |
Debt - external | $2.6 billion (1999) | $2.2 billion (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 Roy L. AUSTIN
embassy: 15 Queen's Park West, Port-of-Spain mailing address: P. O. Box 752, Port-of-Spain telephone: [1] (868) 622-6371 through 6376 FAX: [1] (868) 628-5462 |
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 (vacant); Charge d'Affaires Mackisack LOGIE
chancery: 1708 Massachusetts Avenue NW, Washington, DC 20036 telephone: [1] (202) 467-6490 FAX: [1] (202) 785-3130 consulate(s) general: Miami and New York |
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 | - | $24 million (1999 est.) |
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%. | Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses. A leading performer in the past 4 years has been the booming natural gas sector. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. The expected recovery of the global economy, along with anticipated higher oil prices, are plus factors for 2002. Negative factors are persistent high unemployment and the political uncertainties following the contentious selection of a new government in December 2001. |
Electricity - consumption | 7.341 billion kWh (2001) | 4.792 billion kWh (2000) |
Electricity - exports | 0 kWh (2001) | 0 kWh (2000) |
Electricity - imports | 0 kWh (2001) | 0 kWh (2000) |
Electricity - production | 7.894 billion kWh (2001) | 5.153 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: Caribbean Sea 0 m
highest point: El Cerro del Aripo 940 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | water pollution from agricultural chemicals, industrial wastes, and raw sewage; oil pollution of beaches; deforestation; soil erosion |
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, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
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% | black 39.5%, East Indian (a local term - primarily immigrants from northern India) 40.3%, mixed 18.4%, white 0.6%, Chinese and other 1.2% |
Exchange rates | Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999) | Trinidad and Tobago dollars per US dollar - 6.2466 (January 2002), 6.2332 (2001), 6.2998 (2000), 6.2989 (1999), 6.2983 (1998), 6.2517 (1997) |
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 George Maxwell RICHARDS (since 17 March 2003)
head of government: Prime Minister Patrick MANNING (since 24 December 2001) cabinet: Cabinet appointed from among the members of Parliament elections: president elected by an electoral college, which consists of the members of the Senate and House of Representatives, for a five-year term; election last held 14 February 2003 (next to be held NA 2006); the president usually appoints as prime minister the leader of the majority party in the House of Representatives election results: George Maxwell RICHARDS elected president; percent of electoral college vote - 43% |
Exports | 0 bbl/day (2001) | $4.1 billion f.o.b. (2001 est.) |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | petroleum and petroleum products, chemicals, steel products, fertilizer, sugar, cocoa, coffee, citrus, flowers |
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 45.9%, Caricom countries 26.1%, Latin America 9.5%, EU 5.7% (1999) |
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) | red with a white-edged black diagonal band from the upper hoist side |
GDP | purchasing power parity - $8.678 billion (2003 est.) | purchasing power parity - $10.6 billion (2001 est.) |
GDP - composition by sector | agriculture: 9.2% (includes fishing 12%)
industry: 26.7% services: 64.2% (2003 est.) |
agriculture: 2%
industry: 43% services: 55% (2000 est.) |
GDP - per capita | purchasing power parity - $30,900 (2003 est.) | purchasing power parity - $9,000 (2001 est.) |
GDP - real growth rate | 2.6% (2003 est.) | 4% (2001 est.) |
Geographic coordinates | 65 00 N, 18 00 W | 11 00 N, 61 00 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 | Pitch Lake, on Trinidad's southwestern coast, is the world's largest natural reservoir of asphalt |
Highways | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
total: 8,320 km
paved: 4,252 km unpaved: 4,068 km (1996) |
Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | - | transshipment point for South American drugs destined for the US and Europe; producer of cannabis |
Imports | 15,470 bbl/day (2001) | $3.5 billion f.o.b. (2001 est.) |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | machinery, transportation equipment, manufactured goods, food, live animals |
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 39.8%, Venezuela 11.9%, EU 11%, Caricom 4.8% (1999) |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | 31 August 1962 (from UK) |
Industrial production growth rate | 8.1% (2003 est.) | 4.2% (2001) (2001) |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | petroleum, chemicals, tourism, food processing, cement, beverage, cotton textiles |
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.) |
24.2 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 2.1% (2003 est.) | 5.6% (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 | ACP, C, Caricom, CCC, CDB, ECLAC, FAO, G-24, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, LAES, NAM, OAS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WTrO |
Internet Service Providers (ISPs) | - | 17 (2000) |
Irrigated land | NA sq km | 30 sq km (1998 est.) |
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 (comprised of the High Court of Justice and the Court of Appeals; the chief justice is appointed by the president on the advice of the prime minister and the leader of the opposition; other justices are appointed by the president on the advice of the Judicial and Legal Service Commission); High Court of Justice; Court of Appeals the highest court of appeal is the Privy Council in London |
Labor force | 160,000 (2003) | 564,000 (2000) (2000) |
Labor force - by occupation | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) | construction and utilities 12%, manufacturing, mining, and quarrying 14%, agriculture 10%, services 64% (1997 est.) |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
arable land: 14.62%
permanent crops: 9.16% other: 76.22% (1998 est.) |
Languages | Icelandic, English, Nordic languages, German widely spoken | English (official), Hindi, French, Spanish, Chinese |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | based on English common law; judicial review of legislative acts in the Supreme Court; has not accepted compulsory ICJ jurisdiction |
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 (31 seats; members appointed by the president for a maximum term of five years) and the House of Representatives (36 seats; members are elected by popular vote to serve five-year terms)
elections: House of Representatives - last held 7 October 2002 (next to be held by October 2007) election results: House of Representatives - percent of vote - PNM 55.5%, UNC 44.5%; seats by party - PNM 20, UNC 16 note: Tobago has a unicameral House of Assembly, with 15 members serving four-year terms |
Life expectancy at birth | total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 est.) |
total population: 68.59 years
male: 66.04 years female: 71.25 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: 94% (2000) male: 95.9% (1999) female: 91.7% (1999) |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Caribbean, islands 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 |
measured from claimed archipelagic baselines
contiguous zone: 24 NM continental shelf: 200 NM or to the outer 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: 3 ships (1,000 GRT or over) totaling 5,910 GRT/7,546 DWT
ships by type: cargo 2, petroleum tanker 1 note: includes a foreign-owned ship registered here as a flag of convenience: United States 1 (2002 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 | Trinidad and Tobago Defense Force (including Ground Force, Coast Guard, and Air Wing), Trinidad and Tobago Police Service |
Military expenditures - dollar figure | 0 | $90 million (1999) |
Military expenditures - percent of GDP | - | 1.4% (1999) |
Military manpower - availability | males age 15-49: 75,568 (2004 est.) | males age 15-49: 347,831 (2002 est.) |
Military manpower - fit for military service | males age 15-49: 66,503 (2004 est.) | males age 15-49: 248,324 (2002 est.) |
National holiday | Independence Day, 17 June (1944) | Independence Day, 31 August (1962) |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun: Trinidadian(s), Tobagonian(s)
adjective: Trinidadian, Tobagonian |
Natural hazards | earthquakes and volcanic activity | outside usual path of hurricanes and other tropical storms |
Natural resources | fish, hydropower, geothermal power, diatomite | petroleum, natural gas, asphalt |
Net migration rate | 2.38 migrant(s)/1,000 population (2004 est.) | -10.02 migrant(s)/1,000 population (2002 est.) |
Pipelines | - | crude oil 1,032 km; petroleum products 19 km; natural gas 904 km |
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] | National Alliance for Reconstruction or NAR [Hochoy CHARLES]; People's Empowerment Party or PEP [leader NA]; People's National Movement or PNM [Patrick MANNING]; Team Unity or TUN [Ramesh MAHARAJ]; United National Congress or UNC [Basdeo PANDAY] |
Political pressure groups and leaders | NA | Jamaat-al Musilmeen [Yasin BAKR] |
Population | 293,966 (July 2004 est.) | 1,163,724 (July 2002 est.) |
Population below poverty line | NA | 21% (1992 est.) |
Population growth rate | 0.97% (2004 est.) | -0.52% (2002 est.) |
Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | Pointe-a-Pierre, Point Fortin, Point Lisas, Port-of-Spain, Scarborough, Tembladora |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 2, FM 12, shortwave 0 (1998) |
Radios | - | 680,000 (1997) |
Railways | - | minimal agricultural railroad system near San Fernando; common carrier railway service was discontinued in 1968 (2001) |
Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | Roman Catholic 29.4%, Hindu 23.8%, Anglican 10.9%, Muslim 5.8%, Presbyterian 3.4%, other 26.7% |
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: 1.06 male(s)/female 65 years and over: 0.8 male(s)/female total population: 1.04 male(s)/female (2002 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: excellent international service; good local service
domestic: NA international: satellite earth station - 1 Intelsat (Atlantic Ocean); tropospheric scatter to Barbados and Guyana |
Telephones - main lines in use | 190,700 (2003) | 252,000 (1999) |
Telephones - mobile cellular | 279,100 (2003) | 17,411 (1997) |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 4 (1997) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | mostly plains with some hills and low mountains |
Total fertility rate | 1.93 children born/woman (2004 est.) | 1.8 children born/woman (2002 est.) |
Unemployment rate | 3.4% (2003 est.) | 11.8% (2001) (2001) |
Waterways | - | none |