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Compare Iceland (2005) - Turks and Caicos Islands (2003)

Compare Iceland (2005) z Turks and Caicos Islands (2003)

 Iceland (2005)Turks and Caicos Islands (2003)
 IcelandTurks and Caicos Islands
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: 22.1% (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: 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 98 (2004 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 13.73 births/1,000 population (2005 est.) 23.51 births/1,000 population (2003 est.)
Budget revenues: $4.154 billion


expenditures: $4.058 billion, including capital expenditures of $467 million (2004 est.)
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; amended many times 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 - US dollar (USD)
Death rate 6.68 deaths/1,000 population (2005 est.) 4.34 deaths/1,000 population (2003 est.)
Debt - external $3.073 billion (2002) $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 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 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 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 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 7.692 billion kWh (2002) 4.65 million kWh (2001)
Electricity - exports 0 kWh (2002) 0 kWh (2001)
Electricity - imports 0 kWh (2002) 0 kWh (2001)
Electricity - production 8.271 billion kWh (2002) 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, 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
-
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 - 70.192 (2004), 76.709 (2003), 91.662 (2002), 97.425 (2001), 78.616 (2000) 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); 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: 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%, aluminum, animal products, ferrosilicon, diatomite lobster, dried and fresh conch, conch shells
Exports - partners UK 19.1%, Germany 17.2%, Netherlands 11.5%, US 9.8%, Spain 6.8%, Denmark 4.6% (2004) 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 - $231 million (2000 est.)
GDP - composition by sector agriculture: 11.2%


industry: 9.6%


services: 79.2% (2004 est.)
agriculture: NA%


industry: NA%


services: NA%
GDP - per capita purchasing power parity - $31,900 (2004 est.) purchasing power parity - $9,600 (2000 est.)
GDP - real growth rate 1.8% (2004 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: 13,004 km


paved/oiled gravel: 4,331 km


unpaved: 8,673 km (2004)
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 12.3%, US 9.9%, Norway 9.7%, Denmark 7.9%, UK 7.2%, Sweden 6.7%, Netherlands 6% (2004) 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 8.8% (2004 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: 3.45 deaths/1,000 live births


female: 3.16 deaths/1,000 live births (2005 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) 4% (2004 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 158,100 (2004 est.) 4,848 (1990 est.)
Labor force - by occupation agriculture, fishing and fish processing 10.3%, industry 18.3%, services 71.4% (2003) 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: 80.19 years


male: 78.13 years


female: 82.34 years (2005 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: 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)
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; Icelandic National Police, Icelandic Coast Guard (Islenska Landhelgisgaeslan) -
Military expenditures - dollar figure 0 -
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 2.06 migrant(s)/1,000 population (2005 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 [Ingibjorg Solrun GISLADOTTIR] 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 296,737 (July 2005 est.) 19,350 (July 2003 est.)
Population below poverty line NA% NA%
Population growth rate 0.91% (2005 est.) 3.14% (2003 est.)
Ports and harbors Grundartangi, Hafnarfjordur, Hornafjordhur, Reykjavik, Seydhisfjordhur 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 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) 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: 0.82 male(s)/female


total population: 1 male(s)/female (2005 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 1.92 children born/woman (2005 est.) 3.15 children born/woman (2003 est.)
Unemployment rate 3.1% (2004 est.) 10% (1997 est.)
Waterways - none
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