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Compare Iceland (2008) - Liechtenstein (2001)

Compare Iceland (2008) z Liechtenstein (2001)

 Iceland (2008)Liechtenstein (2001)
 IcelandLiechtenstein
Administrative divisions 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland 11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
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:
18.41% (male 2,992; female 2,996)

15-64 years:
70.6% (male 11,455; female 11,511)

65 years and over:
10.99% (male 1,439; female 2,135) (2001 est.)
Agriculture - products potatoes, green vegetables; mutton, dairy products; fish wheat, barley, corn, potatoes; livestock, dairy products
Airports 99 (2007) none
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)
-
Airports - with unpaved runways total: 94


1,524 to 2,437 m: 3


914 to 1,523 m: 28


under 914 m: 63 (2007)
-
Area total: 103,000 sq km


land: 100,250 sq km


water: 2,750 sq km
total:
160 sq km

land:
160 sq km

water:
0 sq km
Area - comparative slightly smaller than Kentucky about 0.9 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 Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to conclude a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral) the country's low taxes have spurred outstanding economic growth. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering.
Birth rate 13.57 births/1,000 population (2007 est.) 11.53 births/1,000 population (2001 est.)
Budget revenues: $9.495 billion


expenditures: $8.432 billion (2007 est.)
revenues:
$424.2 million

expenditures:
$414.1 million, including capital expenditures of $NA (1998 est.)
Capital name: Reykjavik


geographic coordinates: 64 09 N, 21 57 W


time difference: UTC (5 hours ahead of Washington, DC during Standard Time)
Vaduz
Climate temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers
Coastline 4,970 km 0 km (landlocked)
Constitution 16 June 1944, effective 17 June 1944; amended many times 5 October 1921
Country name conventional long form: Republic of Iceland


conventional short form: Iceland


local long form: Lydveldid Island


local short form: Island
conventional long form:
Principality of Liechtenstein

conventional short form:
Liechtenstein

local long form:
Fuerstentum Liechtenstein

local short form:
Liechtenstein
Currency - Swiss franc (CHF)
Death rate 6.77 deaths/1,000 population (2007 est.) 6.7 deaths/1,000 population (2001 est.)
Debt - external $3.073 billion (2002) $0 (1996)
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
the US does not have an embassy in Liechtenstein, but the US Ambassador to Switzerland is also accredited to Liechtenstein
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
Liechtenstein's Ambassador to the US, Claudia FRITSCHE, is dually accredited to the UN in New York
Disputes - international Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918
Economic aid - donor $6.7 million (2004) -
Economic aid - recipient - none
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. Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbors. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between European Free Trade Association (EFTA) and EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe.
Electricity - consumption 8.152 billion kWh (2005) NA kWh
Electricity - exports 0 kWh (2005) NA kWh
Electricity - imports 0 kWh (2005) NA kWh
Electricity - production 8.533 billion kWh (2005) -
Electricity - production by source - fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

other:
NA%
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier)
lowest point:
Ruggeller Riet 430 m

highest point:
Grauspitz 2,599 m
Environment - current issues water pollution from fertilizer runoff; inadequate wastewater treatment NA
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:
Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands

signed, but not ratified:
Air Pollution-Persistent Organic Pollutants, Climate Change-Kyoto Protocol, Law of the Sea
Ethnic groups homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% Alemannic 87.5%, Italian, Turkish, and other 12.5%
Exchange rates Icelandic kronur per US dollar - 63.391 (2007), 70.195 (2006), 62.982 (2005), 70.192 (2004), 76.709 (2003) Swiss francs per US dollar - 1.6303 (January 2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998), 1.4513 (1997), 1.2360 (1996)
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:
Prince HANS ADAM II (since 13 November 1989, assumed executive powers 26 August 1984); Heir Apparent Prince ALOIS, son of the monarch (born 11 June 1968)

head of government:
Head of Government Mario FRICK (since 15 December 1993) and Deputy Head of Government Michael RITTER (since 2 February 1997)

cabinet:
Cabinet elected by the Diet; confirmed by the monarch

elections:
none; the monarch is hereditary; following legislative elections, the leader of the majority party in the Diet is usually appointed the head of government by the monarch and the leader of the largest minority party in the Diet is usually appointed the deputy head of government by the monarch
Exports 0 bbl/day (2004) $2.47 billion (1996)
Exports - commodities fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite small specialty machinery, dental products, stamps, hardware, pottery
Exports - partners Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006) EU and EFTA countries 60.57% (Switzerland 15.7%) (1995)
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) two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band
GDP - purchasing power parity - $730 million (1998 est.)
GDP - composition by sector agriculture: 5.3%


industry: 26.3%


services: 68.4% (2007 est.)
agriculture:
NA%

industry:
NA%

services:
NA%
GDP - per capita - purchasing power parity - $23,000 (1998 est.)
GDP - real growth rate 1.8% (2007 est.) NA%
Geographic coordinates 65 00 N, 18 00 W 47 10 N, 9 32 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 along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation
Highways - total:
250 km

paved:
250 km

unpaved:
0 km
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%:
NA%

highest 10%:
NA%
Illicit drugs - multilateral organizations engaged in issuing international guidelines for financial sector oversight have found gaps in Liechtenstein's financial services controls that make it vulnerable to money laundering
Imports 17,450 bbl/day (2004) $917.3 million (1996)
Imports - commodities machinery and equipment, petroleum products, foodstuffs, textiles machinery, metal goods, textiles, foodstuffs, motor vehicles
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) EU countries, Switzerland (1996)
Independence 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire
Industrial production growth rate 9% (2007 est.) NA%
Industries fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism
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.)
4.99 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 4.9% (2007 est.) 0.5% (1997 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 CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNIDO, UPU, WCL, WHO (observer), WIPO, WTrO
Internet Service Providers (ISPs) - 44 (Liechtenstein and Switzerland) (2000)
Irrigated land NA 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 or Oberster Gerichtshof; Superior Court or Obergericht
Labor force 180,000 (2007 est.) 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day
Labor force - by occupation agriculture: 5.1%


industry: 23%


services: 71.4% (2005)
industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.)
Land boundaries 0 km total:
76 km

border countries:
Austria 35 km, Switzerland 41 km
Land use arable land: 0.07%


permanent crops: 0%


other: 99.93% (2005)
arable land:
24%

permanent crops:
0%

permanent pastures:
16%

forests and woodland:
35%

other:
25% (1993 est.)
Languages Icelandic, English, Nordic languages, German widely spoken German (official), Alemannic dialect
Legal system civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations
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 Diet or Landtag (25 seats; members are elected by direct popular vote under proportional representation to serve four-year terms)

elections:
last held on 9-11 February 2001 (next to be held by NA 2005)

election results:
percent of vote by party - FBP 49.90%, VU 41.35%, FL 8.71%; seats by party - FBP 13, VU 11, FL 1
Life expectancy at birth total population: 80.43 years


male: 78.33 years


female: 82.62 years (2007 est.)
total population:
78.95 years

male:
75.32 years

female:
82.6 years (2001 est.)
Literacy definition: age 15 and over can read and write


total population: 99%


male: 99%


female: 99% (2003 est.)
definition:
age 10 and over can read and write

total population:
100%

male:
100%

female:
100% (1981 est.)
Location Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK Central Europe, between Austria and Switzerland
Map references Arctic Region Europe
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm


continental shelf: 200 nm or to the edge of the continental margin
none (landlocked)
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)
-
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 defense is the responsibility of Switzerland
Military branches no regular military forces; Icelandic National Police (2006) -
Military expenditures - percent of GDP 0% (2005 est.) -
National holiday Independence Day, 17 June (1944) Assumption Day, 15 August
Nationality noun: Icelander(s)


adjective: Icelandic
noun:
Liechtensteiner(s)

adjective:
Liechtenstein
Natural hazards earthquakes and volcanic activity NA
Natural resources fish, hydropower, geothermal power, diatomite hydroelectric potential, arable land
Net migration rate 1.43 migrant(s)/1,000 population (2007 est.) 4.98 migrant(s)/1,000 population (2001 est.)
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) Fatherland Union or VU [Dr. Oswald KRANZ]; Progressive Citizens' Party or FBP [Dr. Ernst WALCH]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER]
Political pressure groups and leaders NA NA
Population 301,931 (July 2007 est.) 32,528 (July 2001 est.)
Population below poverty line NA% NA%
Population growth rate 0.824% (2007 est.) 0.98% (2001 est.)
Ports and harbors - none
Radio broadcast stations AM 3, FM about 70 (including repeaters), shortwave 1 (1998) AM 0, FM 4, shortwave 0 (1998)
Radios - 21,000 (1997)
Railways - total:
18.5 km; note - owned, operated, and included in statistics of Austrian Federal Railways

standard gauge:
18.5 km 1.435-m gauge (electrified)
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) Roman Catholic 80%, Protestant 7.4%, unknown 7.7%, other 4.9% (1996)
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:
1.01 male(s)/female

under 15 years:
1 male(s)/female

15-64 years:
1 male(s)/female

65 years and over:
0.67 male(s)/female

total population:
0.95 male(s)/female (2001 est.)
Suffrage 18 years of age; universal 20 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:
automatic telephone system

domestic:
NA

international:
linked to Swiss networks by cable and microwave radio relay
Telephones - main lines in use 193,700 (2006) 20,000 (1997)
Telephones - mobile cellular 328,500 (2006) NA
Television broadcast stations 14 (plus 156 repeaters) (1997) NA (linked to Swiss networks) (1997)
Terrain mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords mostly mountainous (Alps) with Rhine Valley in western third
Total fertility rate 1.91 children born/woman (2007 est.) 1.5 children born/woman (2001 est.)
Unemployment rate 1% (2007 est.) 1.8% (February 1999)
Waterways - none
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