Compare Iceland (2008) - Equatorial Guinea (2008)

Compare Iceland (2008) z Equatorial Guinea (2008)

	Iceland (2008)	Equatorial Guinea (2008)

Administrative divisions	8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland	7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas
Age structure	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.)	0-14 years: 41.5% (male 114,816/female 113,688) 15-64 years: 54.8% (male 145,740/female 156,097) 65 years and over: 3.8% (male 8,957/female 11,903) (2007 est.)
Agriculture - products	potatoes, green vegetables; mutton, dairy products; fish	coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber
Airports	99 (2007)	5 (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 (2007)	total: 5 2,438 to 3,047 m: 1 1,524 to 2,437 m: 1 914 to 1,523 m: 1 under 914 m: 2 (2007)
Airports - with unpaved runways	total: 94 1,524 to 2,437 m: 3 914 to 1,523 m: 28 under 914 m: 63 (2007)	total: 1 under 914 m: 1 (2006)
Area	total: 103,000 sq km land: 100,250 sq km water: 2,750 sq km	total: 28,051 sq km land: 28,051 sq km water: 0 sq km
Area - comparative	slightly smaller than Kentucky	slightly smaller than Maryland
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.	Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. This tiny country, composed of a mainland portion plus five inhabited islands, is one of the smallest on the African continent. President Teodoro OBIANG NGUEMA MBASOGO has ruled the country since 1979 when he seized power in a coup. Although nominally a constitutional democracy since 1991, the 1996 and 2002 presidential elections - as well as the 1999 and 2004 legislative elections - were widely seen as flawed. The president exerts almost total control over the political system and has discouraged political opposition. Equatorial Guinea has experienced rapid economic growth due to the discovery of large offshore oil reserves, and in the last decade has become Sub-Saharan Africa's third largest oil exporter. Despite the country's economic windfall from oil production resulting in a massive increase in government revenue in recent years, there have been few improvements in the population's living standards.
Birth rate	13.57 births/1,000 population (2007 est.)	35.16 births/1,000 population (2007 est.)
Budget	revenues: $9.495 billion expenditures: $8.432 billion (2007 est.)	revenues: $4.849 billion expenditures: $2.481 billion (2007 est.)
Capital	name: Reykjavik geographic coordinates: 64 09 N, 21 57 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time)	name: Malabo geographic coordinates: 3 45 N, 8 47 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
Climate	temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers	tropical; always hot, humid
Coastline	4,970 km	296 km
Constitution	16 June 1944, effective 17 June 1944; amended many times	approved by national referendum 17 November 1991; amended January 1995
Country name	conventional long form: Republic of Iceland conventional short form: Iceland local long form: Lydveldid Island local short form: Island	conventional long form: Republic of Equatorial Guinea conventional short form: Equatorial Guinea local long form: Republica de Guinea Ecuatorial/Republique de Guinee equatoriale local short form: Guinea Ecuatorial/Guinee equatoriale former: Spanish Guinea
Death rate	6.77 deaths/1,000 population (2007 est.)	15.01 deaths/1,000 population (2007 est.)
Debt - external	$3.073 billion (2002)	$288 million (31 December 2007 est.)
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	chief of mission: Ambassador Donald C. JOHNSON embassy: adjacent to the golf course at the base of Mont Febe; note - relocated embassy is opened for limited functions; inquiries should continue to be directed to the US Embassy in Yaounde, Cameroon mailing address: B.P. 817, Yaounde, Cameroon; US Embassy Yaounde, US Department of State, Washington, DC 20521-2520 telephone: [237] 220 15 00 FAX: [237] 220 16 20
Diplomatic representation in the US	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	chief of mission: Ambassador Purificacion ANGUE ONDO chancery: 2020 16th Street NW, Washington, DC 20009 telephone: [1] (202) 518-5700 FAX: [1] (202) 518-5252
Disputes - international	Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm	in 2002, ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but a dispute between Equatorial Guinea and Cameroon over an island at the mouth of the Ntem River and imprecisely defined maritime coordinates in the ICJ decision delay final delimitation; UN urges Equatorial Guinea and Gabon to resolve the sovereignty dispute over Gabon-occupied Mbane and lesser islands and to create a maritime boundary in the hydrocarbon-rich Corisco Bay
Economic aid - donor	$6.7 million (2004)	-
Economic aid - recipient	-	$39 million (2005)
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 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.	The discovery and exploitation of large oil reserves have contributed to dramatic economic growth in recent years. Forestry, farming, and fishing are also major components of GDP. Subsistence farming predominates. Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth (the government has stated its intention to reinvest some oil revenue into agriculture). A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993, because of corruption and mismanagement. No longer eligible for concessional financing because of large oil revenues, the government has been trying to agree on a "shadow" fiscal management program with the World Bank and IMF. Government officials and their family members own most businesses. Undeveloped natural resources include titanium, iron ore, manganese, uranium, and alluvial gold. Growth remained strong in 2007, led by oil. Equatorial Guinea now has the fourth highest per capita income in the world, after Luxembourg, Bermuda, and Jersey.
Electricity - consumption	8.152 billion kWh (2005)	26.04 million kWh (2005)
Electricity - exports	0 kWh (2005)	0 kWh (2005)
Electricity - imports	0 kWh (2005)	0 kWh (2005)
Electricity - production	8.533 billion kWh (2005)	28 million kWh (2005)
Elevation extremes	lowest point: Atlantic Ocean 0 m highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier)	lowest point: Atlantic Ocean 0 m highest point: Pico Basile 3,008 m
Environment - current issues	water pollution from fertilizer runoff; inadequate wastewater treatment	tap water is not potable; deforestation
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, Whaling signed, but not ratified: Environmental Modification, Marine Life Conservation	party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: none of the selected agreements
Ethnic groups	homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6%	Fang 85.7%, Bubi 6.5%, Mdowe 3.6%, Annobon 1.6%, Bujeba 1.1%, other 1.4% (1994 census)
Exchange rates	Icelandic kronur per US dollar - 63.391 (2007), 70.195 (2006), 62.982 (2005), 70.192 (2004), 76.709 (2003)	Communaute Financiere Africaine francs (XAF) per US dollar - 481.83 (2007), 522.4 (2006), 527.47 (2005), 528.29 (2004), 581.2 (2003)
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 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%	chief of state: President Brig. Gen. (Ret.) Teodoro OBIANG NGUEMA MBASOGO (since 3 August 1979 when he seized power in a military coup) head of government: Prime Minister Ricardo Mangue Obama NFUBEA (since 14 August 2006); First Deputy Prime Minister Mercelino Oyono NTUTUMU (since 15 June 2004) cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a seven-year term (no term limits); election last held 15 December 2002 (next to be held in December 2009); prime minister and deputy prime ministers appointed by the president election results: Teodoro OBIANG NGUEMA MBASOGO reelected president; percent of vote - Teodoro OBIANG NGUEMA MBASOGO 97.1%, Celestino Bonifacio BACALE 2.2%; elections marred by widespread fraud
Exports	0 bbl/day (2004)	371,700 bbl/day (2004)
Exports - commodities	fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite	petroleum, methanol, timber, cocoa
Exports - partners	Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006)	China 30.9%, US 22.2%, Spain 12.6%, Taiwan 10.6%, Portugal 6.1% (2006)
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)	three equal horizontal bands of green (top), white, and red with a blue isosceles triangle based on the hoist side and the coat of arms centered in the white band; the coat of arms has six yellow six-pointed stars (representing the mainland and five offshore islands) above a gray shield bearing a silk-cotton tree and below which is a scroll with the motto UNIDAD, PAZ, JUSTICIA (Unity, Peace, Justice)
GDP - composition by sector	agriculture: 5.3% industry: 26.3% services: 68.4% (2007 est.)	agriculture: 2.8% industry: 92.5% services: 4.6% (2007 est.)
GDP - real growth rate	1.8% (2007 est.)	12.7% (2007 est.)
Geographic coordinates	65 00 N, 18 00 W	2 00 N, 10 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	insular and continental regions widely separated
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%	lowest 10%: NA% highest 10%: NA%
Imports	17,450 bbl/day (2004)	1,026 bbl/day (2004)
Imports - commodities	machinery and equipment, petroleum products, foodstuffs, textiles	petroleum sector equipment, other equipment
Imports - partners	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)	US 37.7%, Spain 9.8%, Cote d'Ivoire 7.9%, France 6.1%, South Korea 6.1%, UK 5.8%, Italy 5% (2006)
Independence	1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark)	12 October 1968 (from Spain)
Industrial production growth rate	9% (2007 est.)	14.1% (2007 est.)
Industries	fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism	petroleum, fishing, sawmilling, natural gas
Infant mortality rate	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.)	total: 87.15 deaths/1,000 live births male: 93.17 deaths/1,000 live births female: 80.95 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices)	4.9% (2007 est.)	5.5% (2007 est.)
International organization participation	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	ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITSO, ITU, MIGA, NAM, OAS (observer), OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WHO, WIPO, WTO (observer)
Irrigated land	NA	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)	Supreme Tribunal
Labor force	180,000 (2007 est.)	NA
Labor force - by occupation	agriculture: 5.1% industry: 23% services: 71.4% (2005)	-
Land boundaries	0 km	total: 539 km border countries: Cameroon 189 km, Gabon 350 km
Land use	arable land: 0.07% permanent crops: 0% other: 99.93% (2005)	arable land: 4.63% permanent crops: 3.57% other: 91.8% (2005)
Languages	Icelandic, English, Nordic languages, German widely spoken	Spanish 67.6% (official), other 32.4% (includes French (official), Fang, Bubi) (1994 census)
Legal system	civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction	partly based on Spanish civil law and tribal custom
Legislative branch	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	unicameral House of People's Representatives or Camara de Representantes del Pueblo (100 seats; members directly elected by popular vote to serve five-year terms) elections: last held 25 April 2004 (next to be held in 2009) election results: percent of vote by party - NA; seats by party - PDGE 98, CPDS 2 note: Parliament has little power since the constitution vests all executive authority in the president
Life expectancy at birth	total population: 80.43 years male: 78.33 years female: 82.62 years (2007 est.)	total population: 49.51 years male: 48.11 years female: 50.95 years (2007 est.)
Literacy	definition: age 15 and over can read and write total population: 99% male: 99% female: 99% (2003 est.)	definition: age 15 and over can read and write total population: 85.7% male: 93.3% female: 78.4% (2003 est.)
Location	Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK	Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon
Map references	Arctic Region	Africa
Maritime claims	territorial sea: 12 nm exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin	territorial sea: 12 nm exclusive economic zone: 200 nm
Merchant marine	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)	total: 1 ship (1000 GRT or over) 1,745 GRT/3,434 DWT by type: cargo 1 (2007)
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 military forces; Icelandic National Police (2006)	National Guard (Guardia Nacional (Army), with Coast Guard (Navy) and Air Wing) (2008)
Military expenditures - percent of GDP	0% (2005 est.)	0.1% (2006 est.)
National holiday	Independence Day, 17 June (1944)	Independence Day, 12 October (1968)
Nationality	noun: Icelander(s) adjective: Icelandic	noun: Equatorial Guinean(s) or Equatoguinean(s) adjective: Equatorial Guinean or Equatoguinean
Natural hazards	earthquakes and volcanic activity	violent windstorms, flash floods
Natural resources	fish, hydropower, geothermal power, diatomite	petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand and gravel, clay
Net migration rate	1.43 migrant(s)/1,000 population (2007 est.)	0 migrant(s)/1,000 population (2007 est.)
Pipelines	-	condensate 42 km; condensate/gas 5 km; gas 80 km; oil 54 km (2007)
Political parties and leaders	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)	Convergence Party for Social Democracy or CPDS [Placido MICO Abogo]; Democratic Party for Equatorial Guinea or PDGE (ruling party) [Teodoro OBIANG NGUEMA MBASOGO]; Party for Progress of Equatorial Guinea or PPGE [Severo MOTO]; Popular Action of Equatorial Guinea or APGE [Avelino MOCACHE]; Popular Union or UP
Political pressure groups and leaders	NA	NA
Population	301,931 (July 2007 est.)	551,201 (July 2007 est.)
Population below poverty line	NA%	NA%
Population growth rate	0.824% (2007 est.)	2.015% (2007 est.)
Radio broadcast stations	AM 3, FM about 70 (including repeaters), shortwave 1 (1998)	AM 0, FM 3, shortwave 5 (2001)
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)	nominally Christian and predominantly Roman Catholic, pagan practices
Sex ratio	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.)	at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.934 male(s)/female 65 years and over: 0.752 male(s)/female total population: 0.957 male(s)/female (2007 est.)
Suffrage	18 years of age; universal	18 years of age; universal
Telephone system	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)	general assessment: digital fixed-line network in most major urban areas and good mobile coverage domestic: fixed-line density is about 2 per 100 persons; mobile-cellular subscribership has been increasing and in 2005 stood at about 20 percent of the population international: country code - 240; international communications from Bata and Malabo to African and European countries; satellite earth station - 1 Intelsat (Indian Ocean)
Telephones - main lines in use	193,700 (2006)	10,000 (2005)
Telephones - mobile cellular	328,500 (2006)	96,900 (2005)
Television broadcast stations	14 (plus 156 repeaters) (1997)	1 (2001)
Terrain	mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords	coastal plains rise to interior hills; islands are volcanic
Total fertility rate	1.91 children born/woman (2007 est.)	4.48 children born/woman (2007 est.)
Unemployment rate	1% (2007 est.)	30% (1998 est.)

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