Compare Iceland (2005) - Iceland (2008)

Compare Iceland (2005) z Iceland (2008)

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	Iceland (2005)	Iceland (2008)

Age structure	0-14 years: 22.1% (male 33,302/female 32,257) 15-64 years: 66.2% (male 99,513/female 96,886) 65 years and over: 11.7% (male 15,723/female 19,056) (2005 est.)	0-14 years: 21.4% (male 32,759/female 31,845) 15-64 years: 66.8% (male 102,161/female 99,411) 65 years and over: 11.8% (male 16,162/female 19,593) (2007 est.)
Agriculture - products	potatoes, green vegetables, mutton, dairy products, fish	potatoes, green vegetables; mutton, dairy products; fish
Airports	98 (2004 est.)	99 (2007)
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 over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2007)
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: 94 1,524 to 2,437 m: 3 914 to 1,523 m: 28 under 914 m: 63 (2007)
Birth rate	13.73 births/1,000 population (2005 est.)	13.57 births/1,000 population (2007 est.)
Budget	revenues: $4.154 billion expenditures: $4.058 billion, including capital expenditures of $467 million (2004 est.)	revenues: $9.495 billion expenditures: $8.432 billion (2007 est.)
Capital	Reykjavik	name: Reykjavik geographic coordinates: 64 09 N, 21 57 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time)
Coastline	4,988 km	4,970 km
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 Iceland conventional short form: Iceland local long form: Lydveldid Island local short form: Island
Death rate	6.68 deaths/1,000 population (2005 est.)	6.77 deaths/1,000 population (2007 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 Carol VAN VOORST embassy: Laufasvegur 21, 101 Reykjavik mailing address: US Department of State, 5640 Reykjavik Place, Washington, D.C. 20521-5640 telephone: [354] 562-9100 FAX: [354] 562-9118
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 Albert JONSSON 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
Disputes - international	Iceland disputes Denmark's alignment of the Faroe Islands' fisheries median line; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm	Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm
Economic aid - donor	$NA	$6.7 million (2004)
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 8% 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 estimates call for strong growth until 2007, slowly dropping until the end of the decade.	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 nearly 70% of export earnings and employs 6% 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. Substantial foreign investment in the aluminum and hydropower sectors has boosted economic growth which, nevertheless, has been volatile and characterized by recurrent imbalances. Government policies include reducing the current account deficit, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, and diversifying the economy. 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. The 2006 closure of the US military base at Keflavik had very little impact on the national economy; Iceland's low unemployment rate aided former base employees in finding alternate employment.
Electricity - consumption	7.692 billion kWh (2002)	8.152 billion kWh (2005)
Electricity - exports	0 kWh (2002)	0 kWh (2005)
Electricity - imports	0 kWh (2002)	0 kWh (2005)
Electricity - production	8.271 billion kWh (2002)	8.533 billion kWh (2005)
Elevation extremes	lowest point: Atlantic Ocean 0 m highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier)	lowest point: Atlantic Ocean 0 m highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier)
Environment - international agreements	party to: Air Pollution, Air Pollution-Persistent Organic Pollutants, 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: Environmental Modification, Marine Life Conservation	party to: Air Pollution, Air Pollution-Persistent Organic Pollutants, 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, Whaling signed, but not ratified: Environmental Modification, Marine Life Conservation
Exchange rates	Icelandic kronur per US dollar - 70.192 (2004), 76.709 (2003), 91.662 (2002), 97.425 (2001), 78.616 (2000)	Icelandic kronur per US dollar - 63.391 (2007), 70.195 (2006), 62.982 (2005), 70.192 (2004), 76.709 (2003)
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); following legislative elections, the leader of the majority party or the leader of the majority coalition is usually the prime minister election results: Olafur Ragnar GRIMSSON wins with 85.6% of the vote, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9%	chief of state: President Olafur Ragnar GRIMSSON (since 1 August 1996) head of government: Prime Minister Geir H. HAARDE (since 7 June 2006) cabinet: Cabinet appointed by the prime minister elections: president, largely a ceremonial post, is elected by popular vote for a four-year term (no term limits); election last held 26 June 2004 (next to be held in June 2008); following legislative elections, the leader of the majority party or the leader of the majority coalition is usually the prime minister election results: Olafur Ragnar GRIMSSON 85.6%, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9%
Exports	0 bbl/day (2001)	0 bbl/day (2004)
Exports - partners	UK 19.1%, Germany 17.2%, Netherlands 11.5%, US 9.8%, Spain 6.8%, Denmark 4.6% (2004)	Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006)
GDP - composition by sector	agriculture: 11.2% industry: 9.6% services: 79.2% (2004 est.)	agriculture: 5.3% industry: 26.3% services: 68.4% (2007 est.)
GDP - per capita	purchasing power parity - $31,900 (2004 est.)	-
GDP - real growth rate	1.8% (2004 est.)	1.8% (2007 est.)
Highways	total: 13,004 km paved/oiled gravel: 4,331 km unpaved: 8,673 km (2004)	-
Imports	15,470 bbl/day (2001)	17,450 bbl/day (2004)
Imports - commodities	machinery and equipment, petroleum products; foodstuffs, textiles	machinery and equipment, petroleum products, foodstuffs, textiles
Imports - partners	Germany 12.3%, US 9.9%, Norway 9.7%, Denmark 7.9%, UK 7.2%, Sweden 6.7%, Netherlands 6% (2004)	US 12.8%, Germany 12.3%, Norway 7.1%, Sweden 6.9%, Denmark 6.1%, UK 5.3%, China 5.3%, Netherlands 4.8%, Japan 4.1% (2006)
Industrial production growth rate	8.8% (2004 est.)	9% (2007 est.)
Industries	fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism	fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism
Infant mortality rate	total: 3.31 deaths/1,000 live births male: 3.45 deaths/1,000 live births female: 3.16 deaths/1,000 live births (2005 est.)	total: 3.27 deaths/1,000 live births male: 3.41 deaths/1,000 live births female: 3.12 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices)	4% (2004 est.)	4.9% (2007 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	Arctic Council, Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC, MIGA, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTO
Irrigated land	NA sq km	NA
Labor force	158,100 (2004 est.)	180,000 (2007 est.)
Labor force - by occupation	agriculture, fishing and fish processing 10.3%, industry 18.3%, services 71.4% (2003)	agriculture: 5.1% industry: 23% services: 71.4% (2005)
Land use	arable land: 0.07% permanent crops: 0% other: 99.93% (2001)	arable land: 0.07% permanent crops: 0% other: 99.93% (2005)
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 Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms) elections: last held 12 May 2007 (next to be held by May 2011) election results: percent of vote by party - Independence Party 36.6%, Social Democratic Alliance 26.8%, Progressive Party 11.7%, Left-Green Movement 14.3%, Liberal Party 7.3%, other 3.3%; seats by party - Independence Party 25, Social Democratic Alliance 18, Progressive Party 7, Left-Green Alliance 9, Liberal Party 4
Life expectancy at birth	total population: 80.19 years male: 78.13 years female: 82.34 years (2005 est.)	total population: 80.43 years male: 78.33 years female: 82.62 years (2007 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: 99% male: 99% female: 99% (2003 est.)
Merchant marine	total: 3 ships (1,000 GRT or over) 4,341 GRT/6,019 DWT by type: cargo 2, passenger/cargo 1 registered in other countries: 30 (2005)	total: 2 ships (1000 GRT or over) 4,704 GRT/729 DWT by type: passenger/cargo 2 registered in other countries: 41 (Antigua and Barbuda 9, Bahamas 1, Belize 1, Faroe Islands 4, Gibraltar 1, Malta 7, Norway 3, St Vincent and The Grenadines 15) (2007)
Military - note	defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik	under a 1951 bilateral agreement, Iceland's defense was provided by a US-manned Icelandic Defense Force (IDF) headquartered in Keflavik; in October 2006, all US military forces in Iceland were withdrawn; nonetheless, the US and Iceland signed a Joint Understanding to strengthen their bilateral defense relationship, including regular security consultations, military communications in the event of national emergencies, annual bilateral exercises on Icelandic territory, and future bilateral and NATO support to four Iceland Air Defense System (IADS) radar sites
Military branches	no regular armed forces; Icelandic National Police, Icelandic Coast Guard (Islenska Landhelgisgaeslan)	no regular military forces; Icelandic National Police (2006)
Military expenditures - dollar figure	0	-
Military expenditures - percent of GDP	-	0% (2005 est.)
Net migration rate	2.06 migrant(s)/1,000 population (2005 est.)	1.43 migrant(s)/1,000 population (2007 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 [Ingibjorg Solrun GISLADOTTIR]	Independence Party or IP [Geir H. HAARDE]; Left-Green Movement or LGM [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Gudni AGUSTSSON]; Social Democratic Alliance or SDA [Ingibjorg Solrun GISLADOTTIR] (includes People's Alliance or PA, Social Democratic Party or SDP, Women's List)
Population	296,737 (July 2005 est.)	301,931 (July 2007 est.)
Population growth rate	0.91% (2005 est.)	0.824% (2007 est.)
Ports and harbors	Grundartangi, Hafnarfjordur, Hornafjordhur, Reykjavik, Seydhisfjordhur	-
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: 0.82 male(s)/female total population: 1 male(s)/female (2005 est.)	at birth: 1.04 male(s)/female under 15 years: 1.029 male(s)/female 15-64 years: 1.028 male(s)/female 65 years and over: 0.825 male(s)/female total population: 1.002 male(s)/female (2007 est.)
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: telecommunications infrastructure is modern and fully digitized, with satellite-earth stations, fiber-optic cables, and an extensive broadband network domestic: liberalization of the telecommunications sector beginning in the late 1990s has led to increased competition especially in the mobile services segment of the market international: country code - 354; the CANTAT-3 and FARICE-1 submarine cable systems provide connectivity to Canada, the Faroe Islands, UK, Denmark, and Germany; a planned new section of the Hibernia-Atlantic submarine cable will provide additional connectivity to Canada, US, and Ireland; 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)
Telephones - main lines in use	190,700 (2003)	193,700 (2006)
Telephones - mobile cellular	279,100 (2003)	328,500 (2006)
Television broadcast stations	14 (plus 156 low-power repeaters) (1997)	14 (plus 156 repeaters) (1997)
Total fertility rate	1.92 children born/woman (2005 est.)	1.91 children born/woman (2007 est.)
Unemployment rate	3.1% (2004 est.)	1% (2007 est.)

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