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Compare Iceland (2004) - Turks and Caicos Islands (2003)
Compare Iceland (2004) z Turks and Caicos Islands (2003)
| Iceland (2004) | Turks and Caicos Islands (2003) | |
 |  | |
| Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | none (overseas territory of the UK) |
| 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: 32.5% (male 3,202; female 3,094)
15-64 years: 63.7% (male 6,484; female 5,848) 65 years and over: 3.7% (male 321; female 401) (2003 est.) |
| Agriculture - products | potatoes, green vegetables, mutton, dairy products, fish | corn, beans, cassava (tapioca), citrus fruits; fish |
| Airports | 100 (2003 est.) | 8 (2002) |
| 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: 5
1,524 to 2,437 m: 3 914 to 1,523 m: 1 under 914 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: 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 islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands are presently a British overseas territory. |
| Birth rate | 13.83 births/1,000 population (2004 est.) | 23.51 births/1,000 population (2003 est.) |
| Budget | revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
revenues: $47 million
expenditures: $33.6 million, including capital expenditures of $NA (1997-98 est.) |
| Capital | Reykjavik | Grand Turk (Cockburn Town) |
| Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | tropical; marine; moderated by trade winds; sunny and relatively dry |
| Coastline | 4,988 km | 389 km |
| Constitution | 16 June 1944, effective 17 June 1944 | introduced 30 August 1976; suspended in 1986; restored and revised 5 March 1988 |
| 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: Turks and Caicos Islands |
| Currency | Icelandic krona (ISK) | US dollar (USD) |
| Death rate | 6.57 deaths/1,000 population (2004 est.) | 4.34 deaths/1,000 population (2003 est.) |
| Debt - external | $2.6 billion (1999) | $NA |
| Dependency status | - | overseas territory of the UK |
| 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 |
none (overseas territory of the UK) |
| 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 (overseas territory of the UK) |
| 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 | - | $4.1 million (1997) |
| 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 Turks and Caicos economy is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than half of the 93,000 visitors in 1998. Major sources of government revenue include fees from offshore financial activities and customs receipts. Tourism fell by 6% in 2002 but appeared to be picking up at yearend. |
| Electricity - consumption | 7.341 billion kWh (2001) | 4.65 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) | 5 million kWh (2001) |
| Electricity - production by source | - | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
| 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: Blue Hills 49 m |
| Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | limited natural fresh water resources, private cisterns collect rainwater |
| 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% | black 90%, mixed, European, or north American 10% |
| 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: Queen ELIZABETH II (since 6 February 1953), represented by Governor Jim POSTON (since 16 December 2002)
head of government: Chief Minister Derek H. TAYLOR (since 31 January 1995) cabinet: Executive Council consists of three ex officio members and five appointed by the governor from among the members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party is appointed chief minister by the governor |
| Exports | 0 bbl/day (2001) | NA (2001) |
| Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | lobster, dried and fresh conch, conch shells |
| 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, UK |
| 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) | blue, with the flag of the UK in the upper hoist-side quadrant and the colonial shield centered on the outer half of the flag; the shield is yellow and contains a conch shell, lobster, and cactus |
| GDP | purchasing power parity - $8.678 billion (2003 est.) | purchasing power parity - $231 million (2000 est.) |
| GDP - composition by sector | agriculture: 9.2% (includes fishing 12%)
industry: 26.7% services: 64.2% (2003 est.) |
agriculture: NA%
industry: NA% services: NA% |
| GDP - per capita | purchasing power parity - $30,900 (2003 est.) | purchasing power parity - $9,600 (2000 est.) |
| GDP - real growth rate | 2.6% (2003 est.) | 4.9% (2000 est.) |
| Geographic coordinates | 65 00 N, 18 00 W | 21 45 N, 71 35 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 | about 40 islands (eight inhabited) |
| Highways | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
total: 121 km
paved: 24 km unpaved: 97 km (2000) |
| 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 narcotics destined for the US and Europe |
| Imports | 15,470 bbl/day (2001) | NA (2001) |
| Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | food and beverages, tobacco, clothing, manufactures, construction materials |
| 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, UK |
| Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | none (overseas territory of the UK) |
| Industrial production growth rate | 8.1% (2003 est.) | NA% |
| Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | tourism, offshore financial services |
| 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: 16.87 deaths/1,000 live births
male: 19.48 deaths/1,000 live births female: 14.12 deaths/1,000 live births (2003 est.) |
| Inflation rate (consumer prices) | 2.1% (2003 est.) | 4% (1995) |
| 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 | Caricom (associate), CDB, Interpol (subbureau) |
| Internet Service Providers (ISPs) | - | 14 (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 |
| Labor force | 160,000 (2003) | 4,848 (1990 est.) |
| Labor force - by occupation | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) | about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
arable land: 2.33%
permanent crops: 0% other: 97.67% (1998 est.) |
| Languages | Icelandic, English, Nordic languages, German widely spoken | English (official) |
| Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | based on laws of England and Wales, with a few adopted from Jamaica and The Bahamas |
| 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 (19 seats, of which 13 are popularly elected; members serve four-year terms)
elections: last held 24 April 2003 (next to be held NA 2007) election results: percent of vote by party - PDM 53.8%, PNP 46.2%; seats by party - PDM 7, PNP 6; note - in by-elections held 7 August 2003, the PNP gained two seats for a majority of 8 seats; PDM now has 5 |
| Life expectancy at birth | total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 est.) |
total population: 74 years
male: 71.82 years female: 76.3 years (2003 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: 98% male: 99% female: 98% (1970 est.) |
| Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Caribbean, two island groups in the North Atlantic Ocean, southeast of The Bahamas, north of Haiti |
| 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 fishing 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.) |
none (2002 est.) |
| Military - note | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik | defense is the responsibility of the UK |
| Military branches | no regular armed forces; Police, Coast Guard | - |
| Military expenditures - dollar figure | 0 | - |
| 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, 30 August (1976) |
| Nationality | noun: Icelander(s)
adjective: Icelandic |
noun: none
adjective: none |
| Natural hazards | earthquakes and volcanic activity | frequent hurricanes |
| Natural resources | fish, hydropower, geothermal power, diatomite | spiny lobster, conch |
| Net migration rate | 2.38 migrant(s)/1,000 population (2004 est.) | 12.25 migrant(s)/1,000 population (2003 est.) |
| People - note | - | destination and transit point for illegal Haitian immigrants bound for the Turks and Caicos Islands, Bahamas, and US |
| 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] | People's Democratic Movement or PDM [Derek H. TAYLOR]; Progressive National Party or PNP [Washington MISICK]; United Democratic Party or UDP [Wendal SWANN] |
| Political pressure groups and leaders | NA | NA |
| Population | 293,966 (July 2004 est.) | 19,350 (July 2003 est.) |
| Population below poverty line | NA | NA% |
| Population growth rate | 0.97% (2004 est.) | 3.14% (2003 est.) |
| Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | Grand Turk, Providenciales |
| Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 3 (one inactive), FM 6, shortwave 0 (1998) |
| Railways | - | 0 km |
| Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | Baptist 40%, Methodist 16%, Anglican 18%, Church of God 12%, other 14% (1990) |
| 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: 1.03 male(s)/female 15-64 years: 1.11 male(s)/female 65 years and over: 0.8 male(s)/female total population: 1.07 male(s)/female (2003 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: fair cable and radiotelephone services
domestic: NA international: 2 submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 190,700 (2003) | 3,000 (1994) |
| Telephones - mobile cellular | 279,100 (2003) | 0 (1994) |
| Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 0 (broadcasts from The Bahamas are received; cable television is established) (1997) |
| Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | low, flat limestone; extensive marshes and mangrove swamps |
| Total fertility rate | 1.93 children born/woman (2004 est.) | 3.15 children born/woman (2003 est.) |
| Unemployment rate | 3.4% (2003 est.) | 10% (1997 est.) |
| Waterways | - | none |
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