Iceland (2004) | Wallis and Futuna (2002) | |
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Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | none (overseas territory of France); there are no first-order administrative divisions as defined by the US Government, but there are three kingdoms at the second order named Alo, Sigave, Wallis |
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: NA%
15-64 years: NA% 65 years and over: NA% |
Agriculture - products | potatoes, green vegetables, mutton, dairy products, fish | breadfruit, yams, taro, bananas; pigs, goats |
Airports | 100 (2003 est.) | 2 (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
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: 1
914 to 1,523 m: 1 (2002) |
Area | total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
total: 274 sq km
land: 274 sq km water: 0 sq km note: includes Ile Uvea (Wallis Island), Ile Futuna (Futuna Island), Ile Alofi, and 20 islets |
Area - comparative | slightly smaller than Kentucky | 1.5 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. | Although discovered by the Dutch and the British in the 17th and 18th centuries, it was the French who declared a protectorate over the islands in 1842. In 1959, the inhabitants of the islands voted to become a French overseas territory. |
Birth rate | 13.83 births/1,000 population (2004 est.) | NA births/1,000 population |
Budget | revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
revenues: $20 million
expenditures: $17 million, including capital expenditures of $NA (1998 est.) (1998 est.) |
Capital | Reykjavik | Mata-Utu (on Ile Uvea) |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | tropical; hot, rainy season (November to April); cool, dry season (May to October); rains 2,500-3,000 mm per year (80% humidity); average temperature 26.6 degrees C |
Coastline | 4,988 km | 129 km |
Constitution | 16 June 1944, effective 17 June 1944 | 28 September 1958 (French 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: Territory of the Wallis and Futuna Islands
conventional short form: Wallis and Futuna local long form: Territoire des Iles Wallis et Futuna local short form: Wallis et Futuna |
Currency | Icelandic krona (ISK) | Comptoirs Francais du Pacifique franc (XPF); note - may adopt the euro in 2003 |
Death rate | 6.57 deaths/1,000 population (2004 est.) | NA deaths/1,000 population |
Debt - external | $2.6 billion (1999) | $NA |
Dependency status | - | overseas territory of France |
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 France) |
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 France) |
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 | - | assistance from France |
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 economy is limited to traditional subsistence agriculture, with about 80% labor force earnings from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. About 4% of the population is employed in government. Revenues come from French Government subsidies, licensing of fishing rights to Japan and South Korea, import taxes, and remittances from expatriate workers in New Caledonia. |
Electricity - consumption | 7.341 billion kWh (2001) | NA kWh |
Electricity - exports | 0 kWh (2001) | - |
Electricity - imports | 0 kWh (2001) | - |
Electricity - production | 7.894 billion kWh (2001) | NA kWh |
Electricity - production by source | - | fossil fuel: NA%
hydro: NA% nuclear: NA% other: NA% |
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: Mont Singavi 765 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | deforestation (only small portions of the original forests remain) largely as a result of the continued use of wood as the main fuel source; as a consequence of cutting down the forests, the mountainous terrain of Futuna is particularly prone to erosion; there are no permanent settlements on Alofi because of the lack of natural fresh water resources |
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% | Polynesian |
Exchange rates | Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999) | Comptoirs Francais du Pacifique francs (XPF) per US dollar - 135.04 (January 2002), 133.26 (2001), 129.43 (2000), 111.93 (1999), 107.25 (1998), 106.11 (1997); note - linked at the rate of 119.25 XPF to the euro |
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 Jacques CHIRAC of France (since 17 May 1995), represented by High Administrator Christian JOB (since 6 August 2002)
head of government: President of the Territorial Assembly Patalione KANIMOA (since NA January 2001) cabinet: Council of the Territory consists of three kings and three members appointed by the high administrator on the advice of the Territorial Assembly note: there are three traditional kings with limited powers elections: French president elected by popular vote for a five-year term; high administrator appointed by the French president on the advice of the French Ministry of the Interior; the presidents of the Territorial Government and the Territorial Assembly are elected by the members of the assembly |
Exports | 0 bbl/day (2001) | $250,000 f.o.b. (1999) |
Exports - commodities | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon | copra, chemicals, construction materials |
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) | Italy 40%, Croatia 15%, US 14%, Denmark 13% |
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) | a large white modified Maltese cross offset away from the hoist on a red background; the flag of France outlined in white on two sides is in the upper hoist quadrant; the flag of France is used for official occasions |
GDP | purchasing power parity - $8.678 billion (2003 est.) | purchasing power parity - $30 million (1997 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 - $2,000 (1997 est.) |
GDP - real growth rate | 2.6% (2003 est.) | NA% |
Geographic coordinates | 65 00 N, 18 00 W | 13 18 S, 176 12 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 | both island groups have fringing reefs |
Highways | total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
total: 120 km (Ile Uvea 100 km, Ile Futuna 20 km)
paved: 16 km (all on Ile Uvea) unpaved: 104 km (Ile Uvea 84 km, Ile Futuna 20 km) |
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) | $300,000 f.o.b. (1999) |
Imports - commodities | machinery and equipment, petroleum products; foodstuffs, textiles | chemicals, machinery, passenger ships, consumer goods |
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) | France 97%, Australia 2%, New Zealand 1% |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | none (overseas territory of France) |
Industrial production growth rate | 8.1% (2003 est.) | NA% |
Industries | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism | copra, handicrafts, fishing, lumber |
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.) |
NA deaths/1,000 live births |
Inflation rate (consumer prices) | 2.1% (2003 est.) | NA% |
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 | FZ, SPC |
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) | none; justice generally administered under French law by the high administrator, but the three traditional kings administer customary law and there is a magistrate in Mata-Utu |
Labor force | 160,000 (2003) | NA |
Labor force - by occupation | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) | agriculture, livestock, and fishing 80%, government 4% (2001 est.) |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
arable land: 5%
permanent crops: 20% other: 75% (1998 est.) |
Languages | Icelandic, English, Nordic languages, German widely spoken | French, Wallisian (indigenous Polynesian language) |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | French legal 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 Territorial Assembly or Assemblee Territoriale (20 seats; members are elected by popular vote to serve five-year terms)
elections: last held 11 March 2002 (next to be held NA March 2007) election results: percent of vote by party - NA%; seats by party - RPR and affiliates 13, Socialists and affiliates 7 note: Wallis and Futuna elects one senator to the French Senate and one deputy to the French National Assembly; French Senate - elections last held 27 September 1998 (next to be held by NA September 2007); results - percent of vote by party - NA; seats - RPR 1; French National Assembly - elections last held 16 June 2002 (next to be held by NA 2007); results - percent of vote by party - NA%; seats - UMP/RPR 1 |
Life expectancy at birth | total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 est.) |
total population: NA years
male: NA years female: NA years |
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: 50% male: 50% female: 50% (1969 est.) |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Oceania, islands in the South Pacific Ocean, about two-thirds of the way from Hawaii to New Zealand |
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 |
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: 4 ships (1,000 GRT or over) totaling 71,868 GRT/7,422 DWT
ships by type: passenger 4 note: includes some foreign-owned ships registered here as a flag of convenience: France 3, United States 1 (2002 est.) |
Military - note | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik | defense is the responsibility of France |
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) | Bastille Day, 14 July (1789) |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun: Wallisian(s), Futunan(s), or Wallis and Futuna Islanders
adjective: Wallisian, Futunan, or Wallis and Futuna Islander |
Natural hazards | earthquakes and volcanic activity | NA |
Natural resources | fish, hydropower, geothermal power, diatomite | NEGL |
Net migration rate | 2.38 migrant(s)/1,000 population (2004 est.) | NA migrant(s)/1,000 population |
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] | Lua Kae Tahi (Giscardians) [leader NA]; Mouvement des Radicaux de Gauche or MRG [leader NA]; Rally for the Republic or RPR [Clovis LOGOLOGOFOLAU]; Taumu'a Lelei [Soane Muni UHILA]; Union Populaire Locale or UPL [Falakiko GATA]; Union Pour la Democratie Francaise or UDF [leader NA] |
Political pressure groups and leaders | NA | NA |
Population | 293,966 (July 2004 est.) | 15,585 (July 2002 est.) |
Population below poverty line | NA | NA% |
Population growth rate | 0.97% (2004 est.) | NA (2002 est.) |
Ports and harbors | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar | Leava, Mata-Utu |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 1, FM 0, shortwave 0 (2000) |
Radios | - | NA |
Railways | - | 0 km |
Religions | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) | Roman Catholic 99%, other 1% |
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.) |
- |
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: NA
domestic: NA international: NA |
Telephones - main lines in use | 190,700 (2003) | 1,125 (1994) |
Telephones - mobile cellular | 279,100 (2003) | 0 (1994) |
Television broadcast stations | 14 (plus 156 low-power repeaters) (1997) | 2 (2000) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | volcanic origin; low hills |
Total fertility rate | 1.93 children born/woman (2004 est.) | NA children born/woman |
Unemployment rate | 3.4% (2003 est.) | NA% |
Waterways | - | none |