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Compare Iceland (2005) - Indian Ocean (2006)

Compare Iceland (2005) z Indian Ocean (2006)

 Iceland (2005)Indian Ocean (2006)
 IcelandIndian Ocean
Administrative divisions 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland -
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.)
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Agriculture - products potatoes, green vegetables, mutton, dairy products, fish -
Airports 98 (2004 est.) -
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.)
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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.)
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Area total: 103,000 sq km


land: 100,250 sq km


water: 2,750 sq km
total: 68.556 million sq km


note: includes Andaman Sea, Arabian Sea, Bay of Bengal, Flores Sea, Great Australian Bight, Gulf of Aden, Gulf of Oman, Java Sea, Mozambique Channel, Persian Gulf, Red Sea, Savu Sea, Strait of Malacca, Timor Sea, and other tributary water bodies
Area - comparative slightly smaller than Kentucky about 5.5 times the size of the US
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 Indian Ocean is the third largest of the world's five oceans (after the Pacific Ocean and Atlantic Ocean, but larger than the Southern Ocean and Arctic Ocean). Four critically important access waterways are the Suez Canal (Egypt), Bab el Mandeb (Djibouti-Yemen), Strait of Hormuz (Iran-Oman), and Strait of Malacca (Indonesia-Malaysia). The decision by the International Hydrographic Organization in the spring of 2000 to delimit a fifth ocean, the Southern Ocean, removed the portion of the Indian Ocean south of 60 degrees south latitude.
Birth rate 13.73 births/1,000 population (2005 est.) -
Budget revenues: $4.154 billion


expenditures: $4.058 billion, including capital expenditures of $467 million (2004 est.)
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Capital Reykjavik -
Climate temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers northeast monsoon (December to April), southwest monsoon (June to October); tropical cyclones occur during May/June and October/November in the northern Indian Ocean and January/February in the southern Indian Ocean
Coastline 4,988 km 66,526 km
Constitution 16 June 1944, effective 17 June 1944; amended many times -
Country name conventional long form: Republic of Iceland


conventional short form: Iceland


local long form: Lydhveldidh Island


local short form: Island
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Death rate 6.68 deaths/1,000 population (2005 est.) -
Debt - external $3.073 billion (2002) -
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
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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
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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 some maritime disputes (see littoral states)
Economic aid - donor $NA -
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. The Indian Ocean provides major sea routes connecting the Middle East, Africa, and East Asia with Europe and the Americas. It carries a particularly heavy traffic of petroleum and petroleum products from the oilfields of the Persian Gulf and Indonesia. Its fish are of great and growing importance to the bordering countries for domestic consumption and export. Fishing fleets from Russia, Japan, South Korea, and Taiwan also exploit the Indian Ocean, mainly for shrimp and tuna. Large reserves of hydrocarbons are being tapped in the offshore areas of Saudi Arabia, Iran, India, and western Australia. An estimated 40% of the world's offshore oil production comes from the Indian Ocean. Beach sands rich in heavy minerals and offshore placer deposits are actively exploited by bordering countries, particularly India, South Africa, Indonesia, Sri Lanka, and Thailand.
Electricity - consumption 7.692 billion kWh (2002) -
Electricity - exports 0 kWh (2002) -
Electricity - imports 0 kWh (2002) -
Electricity - production 8.271 billion kWh (2002) -
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier)
lowest point: Java Trench -7,258 m


highest point: sea level 0 m
Environment - current issues water pollution from fertilizer runoff; inadequate wastewater treatment endangered marine species include the dugong, seals, turtles, and whales; oil pollution in the Arabian Sea, Persian Gulf, and Red Sea
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
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Ethnic groups homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% -
Exchange rates Icelandic kronur per US dollar - 70.192 (2004), 76.709 (2003), 91.662 (2002), 97.425 (2001), 78.616 (2000) -
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%
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Exports 0 bbl/day (2001) -
Exports - commodities fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite -
Exports - partners UK 19.1%, Germany 17.2%, Netherlands 11.5%, US 9.8%, Spain 6.8%, Denmark 4.6% (2004) -
Fiscal 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) -
GDP - composition by sector agriculture: 11.2%


industry: 9.6%


services: 79.2% (2004 est.)
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GDP - per capita purchasing power parity - $31,900 (2004 est.) -
GDP - real growth rate 1.8% (2004 est.) -
Geographic coordinates 65 00 N, 18 00 W 20 00 S, 80 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 major chokepoints include Bab el Mandeb, Strait of Hormuz, Strait of Malacca, southern access to the Suez Canal, and the Lombok Strait
Highways total: 13,004 km


paved/oiled gravel: 4,331 km


unpaved: 8,673 km (2004)
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Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
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Imports 15,470 bbl/day (2001) -
Imports - commodities 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) -
Independence 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) -
Industrial production growth rate 8.8% (2004 est.) -
Industries 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.)
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Inflation rate (consumer prices) 4% (2004 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 -
Irrigated land 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) -
Labor force 158,100 (2004 est.) -
Labor force - by occupation agriculture, fishing and fish processing 10.3%, industry 18.3%, services 71.4% (2003) -
Land boundaries 0 km -
Land use arable land: 0.07%


permanent crops: 0%


other: 99.93% (2001)
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Languages Icelandic, English, Nordic languages, German widely spoken -
Legal system civil law system based on Danish law; 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
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Life expectancy at birth total population: 80.19 years


male: 78.13 years


female: 82.34 years (2005 est.)
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Literacy definition: age 15 and over can read and write


total population: 99.9% (1997 est.)


male: NA%


female: NA%
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Location Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK body of water between Africa, the Southern Ocean, Asia, and Australia
Map references Arctic Region Political Map of the World
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm


continental shelf: 200 nm or to the edge of the continental margin
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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)
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Military - note defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik -
Military branches no regular armed forces; Icelandic National Police, Icelandic Coast Guard (Islenska Landhelgisgaeslan) -
Military expenditures - dollar figure 0 -
National holiday Independence Day, 17 June (1944) -
Nationality noun: Icelander(s)


adjective: Icelandic
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Natural hazards earthquakes and volcanic activity occasional icebergs pose navigational hazard in southern reaches
Natural resources fish, hydropower, geothermal power, diatomite oil and gas fields, fish, shrimp, sand and gravel aggregates, placer deposits, polymetallic nodules
Net migration rate 2.06 migrant(s)/1,000 population (2005 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] -
Political pressure groups and leaders NA -
Population 296,737 (July 2005 est.) -
Population below poverty line NA% -
Population growth rate 0.91% (2005 est.) -
Ports and harbors Grundartangi, Hafnarfjordur, Hornafjordhur, Reykjavik, Seydhisfjordhur -
Radio broadcast stations AM 3, FM about 70 (including repeaters), shortwave 1 (1998) -
Religions Lutheran Church of Iceland 85.5%, Reykjavik Free Church 2.1%, Roman Catholic Church 2%, Hafnarfjorour Free Church 1.5%, other Christian 2.7%, other or unspecified 3.8%, unaffiliated 2.4% (2004) -
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.)
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Suffrage 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)
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Telephones - main lines in use 190,700 (2003) -
Telephones - mobile cellular 279,100 (2003) -
Television broadcast stations 14 (plus 156 low-power repeaters) (1997) -
Terrain mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords surface dominated by counterclockwise gyre (broad, circular system of currents) in the southern Indian Ocean; unique reversal of surface currents in the northern Indian Ocean; low atmospheric pressure over southwest Asia from hot, rising, summer air results in the southwest monsoon and southwest-to-northeast winds and currents, while high pressure over northern Asia from cold, falling, winter air results in the northeast monsoon and northeast-to-southwest winds and currents; ocean floor is dominated by the Mid-Indian Ocean Ridge and subdivided by the Southeast Indian Ocean Ridge, Southwest Indian Ocean Ridge, and Ninetyeast Ridge
Total fertility rate 1.92 children born/woman (2005 est.) -
Unemployment rate 3.1% (2004 est.) -
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