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Compare Iceland (2006) - Arctic Ocean (2003)
Compare Iceland (2006) z Arctic Ocean (2003)
| Iceland (2006) | Arctic Ocean (2003) | |
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| Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | - |
| Age structure | 0-14 years: 21.7% (male 33,021/female 32,021)
15-64 years: 66.5% (male 100,944/female 98,239) 65 years and over: 11.7% (male 15,876/female 19,287) (2006 est.) |
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| Agriculture - products | potatoes, green vegetables; mutton, dairy products; fish | - |
| Airports | 98 (2006) | - |
| Airports - with paved runways | total: 5
over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2006) |
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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 (2006) |
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| Area | total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
total: 14.056 million sq km
note: includes Baffin Bay, Barents Sea, Beaufort Sea, Chukchi Sea, East Siberian Sea, Greenland Sea, Hudson Bay, Hudson Strait, Kara Sea, Laptev Sea, Northwest Passage, and other tributary water bodies |
| Area - comparative | slightly smaller than Kentucky | slightly less than 1.5 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 Arctic Ocean is the smallest of the world's five oceans (after the Pacific Ocean, Atlantic Ocean, Indian Ocean, and the recently delimited Southern Ocean). The Northwest Passage (US and Canada) and Northern Sea Route (Norway and Russia) are two important seasonal waterways. A sparse network of air, ocean, river, and land routes circumscribes the Arctic Ocean. |
| Birth rate | 13.64 births/1,000 population (2006 est.) | - |
| Budget | revenues: $6.995 billion
expenditures: $6.761 billion; including capital expenditures of $467 million (2005 est.) |
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| Capital | name: Reykjavik
geographic coordinates: 64 09 N, 21 57 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) |
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| Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | polar climate characterized by persistent cold and relatively narrow annual temperature ranges; winters characterized by continuous darkness, cold and stable weather conditions, and clear skies; summers characterized by continuous daylight, damp and foggy weather, and weak cyclones with rain or snow |
| Coastline | 4,970 km | 45,389 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: Lydveldid Island local short form: Island |
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| Death rate | 6.72 deaths/1,000 population (2006 est.) | - |
| Debt - external | $3.073 billion (2002) | - |
| Diplomatic representation from the US | 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 |
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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 | $6.7 million $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 4% 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 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. 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. | Economic activity is limited to the exploitation of natural resources, including petroleum, natural gas, fish, and seals. |
| Electricity - consumption | 8.619 billion kWh (2004) | - |
| Electricity - exports | 0 kWh (2003) | - |
| Electricity - imports | 0 kWh (2003) | - |
| Electricity - production | 8.619 billion kWh (2004) | - |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier) |
lowest point: Fram Basin -4,665 m
highest point: sea level 0 m |
| Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | endangered marine species include walruses and whales; fragile ecosystem slow to change and slow to recover from disruptions or damage; thinning polar icepack |
| 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 - 62.982 (2005), 70.192 (2004), 76.709 (2003), 91.662 (2002), 97.425 (2001) | - |
| Executive branch | 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 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% |
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| Exports | 0 bbl/day (2001) | - |
| Exports - commodities | fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite | - |
| Exports - partners | UK 17.9%, Germany 16.4%, Netherlands 13%, US 8.1%, Spain 7.7%, Denmark 4.3% (2005) | - |
| 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: 8.6%
industry: 15% services: 76.5% (2005 est.) |
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| GDP - real growth rate | 5.6% (2005 est.) | - |
| Geographic coordinates | 65 00 N, 18 00 W | 90 00 N, 0 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 chokepoint is the southern Chukchi Sea (northern access to the Pacific Ocean via the Bering Strait); strategic location between North America and Russia; shortest marine link between the extremes of eastern and western Russia; floating research stations operated by the US and Russia; maximum snow cover in March or April about 20 to 50 centimeters over the frozen ocean; snow cover lasts about 10 months |
| 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 13.4%, US 9.1%, Sweden 8.6%, Denmark 7.3%, Norway 7.2%, UK 5.9%, China 5.3%, Netherlands 5%, Japan 4.7% (2005) | - |
| Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | - |
| Industrial production growth rate | 14.2% (2005 est.) | - |
| Industries | fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism | - |
| Infant mortality rate | total: 3.29 deaths/1,000 live births
male: 3.43 deaths/1,000 live births female: 3.14 deaths/1,000 live births (2006 est.) |
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| Inflation rate (consumer prices) | 4% (2005 est.) | - |
| International organization participation | Arctic Council, 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, IPU, 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 | - |
| 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 | 165,900 (2005 est.) | - |
| Labor force - by occupation | agriculture: 10.3%
industry: 18.3% services: 71.4% (2003) |
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| Land boundaries | 0 km | - |
| Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2005) |
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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%, Progressive Party 17.7%, Left-Green Movement 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: 80.31 years
male: 78.23 years female: 82.48 years (2006 est.) |
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| Literacy | definition: age 15 and over can read and write
total population: 99% male: 99% female: 99% (2003 est.) |
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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 Europe, Asia, and North America, mostly north of the Arctic Circle |
| Map references | Arctic Region | Arctic Region |
| 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: 1 ship (1000 GRT or over) 3,354 GRT/480 DWT
by type: passenger/cargo 1 registered in other countries: 34 (Antigua and Barbuda 8, Bahamas 1, Belize 2, Faroe Islands 4, Gibraltar 1, Malta 4, Norway 4, Saint Vincent and the Grenadines 10) (2006) |
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| Military - note | 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) subordinate to Ministry of Justice, Icelandic Crisis Response Unit (2006) | - |
| Military expenditures - dollar figure | 0 | - |
| Military expenditures - percent of GDP | 0% | - |
| National holiday | Independence Day, 17 June (1944) | - |
| Nationality | noun: Icelander(s)
adjective: Icelandic |
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| Natural hazards | earthquakes and volcanic activity | ice islands occasionally break away from northern Ellesmere Island; icebergs calved from glaciers in western Greenland and extreme northeastern Canada; permafrost in islands; virtually ice locked from October to June; ships subject to superstructure icing from October to May |
| Natural resources | fish, hydropower, geothermal power, diatomite | sand and gravel aggregates, placer deposits, polymetallic nodules, oil and gas fields, fish, marine mammals (seals and whales) |
| Net migration rate | 1.74 migrant(s)/1,000 population (2006 est.) | - |
| Political parties and leaders | Independence Party or IP [Geir HAARDE]; Left-Green Movement or LGM [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Halldor ASGRIMSSON - will step down in August 2006]; 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 | 299,388 (July 2006 est.) | - |
| Population below poverty line | NA% | - |
| Population growth rate | 0.87% (2006 est.) | - |
| Ports and harbors | - | Churchill (Canada), Murmansk (Russia), Prudhoe Bay (US) |
| 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 (2006 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 | 193,900 (2005) | - |
| Telephones - mobile cellular | 304,000 (2005) | - |
| 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 | central surface covered by a perennial drifting polar icepack that averages about 3 meters in thickness, although pressure ridges may be three times that size; clockwise drift pattern in the Beaufort Gyral Stream, but nearly straight-line movement from the New Siberian Islands (Russia) to Denmark Strait (between Greenland and Iceland); the icepack is surrounded by open seas during the summer, but more than doubles in size during the winter and extends to the encircling landmasses; the ocean floor is about 50% continental shelf (highest percentage of any ocean) with the remainder a central basin interrupted by three submarine ridges (Alpha Cordillera, Nansen Cordillera, and Lomonosov Ridge) |
| Total fertility rate | 1.92 children born/woman (2006 est.) | - |
| Transportation - note | - | sparse network of air, ocean, river, and land routes; the Northwest Passage (North America) and Northern Sea Route (Eurasia) are important seasonal waterways |
| Unemployment rate | 2.1% (2005 est.) | - |
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