Iceland (2008) | Singapore (2001) | |
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Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | none |
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:
17.89% (male 397,124; female 372,058) 15-64 years: 75.16% (male 1,575,381; female 1,656,838) 65 years and over: 6.95% (male 130,815; female 168,203) (2001 est.) |
Agriculture - products | potatoes, green vegetables; mutton, dairy products; fish | rubber, copra, fruit, orchids, vegetables; poultry, eggs, fish, ornamental fish |
Airports | 99 (2007) | 9 (2000 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 (2007) |
total:
9 over 3,047 m: 2 2,438 to 3,047 m: 1 1,524 to 2,437 m: 4 914 to 1,523 m: 1 under 914 m: 1 (2000 est.) |
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:
647.5 sq km land: 637.5 sq km water: 10 sq km |
Area - comparative | slightly smaller than Kentucky | slightly more than 3.5 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. | Founded as a British trading colony in 1819, Singapore joined Malaysia in 1963, but withdrew two years later and became independent. It subsequently became one of the world's most prosperous countries, with strong international trading links (its port is one of the world's busiest) and with per capita GDP above that of the leading nations of Western Europe. |
Birth rate | 13.57 births/1,000 population (2007 est.) | 12.8 births/1,000 population (2001 est.) |
Budget | revenues: $9.495 billion
expenditures: $8.432 billion (2007 est.) |
revenues:
$18.1 billion expenditures: $17.1 billion, including capital expenditures of $9.5 billion (FY99/00 est.) |
Capital | name: Reykjavik
geographic coordinates: 64 09 N, 21 57 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) |
Singapore |
Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | tropical; hot, humid, rainy; two distinct monsoon seasons - Northeastern monsoon from December to March and Southwestern monsoon from June to September; inter-monsoon - frequent afternoon and early evening thunderstorms |
Coastline | 4,970 km | 193 km |
Constitution | 16 June 1944, effective 17 June 1944; amended many times | 3 June 1959, amended 1965 (based on preindependence State of Singapore Constitution) |
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 Singapore conventional short form: Singapore |
Currency | - | Singapore dollar (SGD) |
Death rate | 6.77 deaths/1,000 population (2007 est.) | 4.24 deaths/1,000 population (2001 est.) |
Debt - external | $3.073 billion (2002) | $9.7 billion (2000) |
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 (vacant) embassy: 27 Napier Road, Singapore 258508 mailing address: PSC Box 470, FPO AP 96534-0001 telephone: [65] 476-9100 FAX: [65] 476-9340 |
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 CHAN Heng Chee chancery: 3501 International Place NW, Washington, DC 20008 telephone: [1] (202) 537-3100 FAX: [1] (202) 537-0876 consulate(s) general: Los Angeles, San Francisco consulate(s): New York |
Disputes - international | Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm | Pedra Branca Island (Pulau Batu Putih) disputed with Malaysia |
Economic aid - donor | $6.7 million (2004) | - |
Economic aid - recipient | - | $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 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. | Singapore is blessed with a highly developed and successful free-market economy, a remarkably open and corruption-free business environment, stable prices, and the fifth highest per capita GDP in the world. Exports, particularly in electronics and chemicals, and services are the main drivers of the economy. Mainly because of robust exports, especially electronic goods, the economy grew 10.1% in 2000. Forecasters, however, are projecting only 4%-6% growth in 2001 largely because of weaker global demand, especially in the US. The government promotes high levels of savings and investment through a mandatory savings scheme and spends heavily in education and technology. It also owns government-linked companies (GLCs) - particularly in manufacturing - that operate as commercial entities. As Singapore looks to a future increasingly marked by globalization, the country is positioning itself as the region's financial and high-tech hub. |
Electricity - consumption | 8.152 billion kWh (2005) | 25.464 billion kWh (1999) |
Electricity - exports | 0 kWh (2005) | 0 kWh (1999) |
Electricity - imports | 0 kWh (2005) | 0 kWh (1999) |
Electricity - production | 8.533 billion kWh (2005) | 27.381 billion kWh (1999) |
Electricity - production by source | - | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier) |
lowest point:
Singapore Strait 0 m highest point: Bukit Timah 166 m |
Environment - current issues | water pollution from fertilizer runoff; inadequate wastewater treatment | industrial pollution; limited natural fresh water resources; limited land availability presents waste disposal problems; seasonal smoke/haze resulting from forest fires in Indonesia |
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, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution 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% | Chinese 76.7%, Malay 14%, Indian 7.9%, other 1.4% |
Exchange rates | Icelandic kronur per US dollar - 63.391 (2007), 70.195 (2006), 62.982 (2005), 70.192 (2004), 76.709 (2003) | Singapore dollars per US dollar - 1.7365 (January 2001), 1.7240 (2000), 1.6950 (1999), 1.6736 (1998), 1.4848 (1997), 1.4100 (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:
President Sellapan Rama (S. R.) NATHAN (since 1 September 1999) head of government: Prime Minister GOH Chok Tong (since 28 November 1990) and Deputy Prime Ministers LEE Hsien Loong (since 28 November 1990) and Tony TAN Keng Yam (since 1 August 1995) cabinet: Cabinet appointed by the president, responsible to Parliament elections: president elected by popular vote for a six-year term; election last held 28 August 1999 (next to be held NA August 2005); following legislative elections, the leader of the majority party or the leader of a majority coalition is usually appointed prime minister by the president; deputy prime ministers appointed by the president election results: Sellapan Rama (S. R.) NATHAN elected president unopposed |
Exports | 0 bbl/day (2004) | $137 billion (f.o.b., 2000) |
Exports - commodities | fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite | machinery and equipment (including electronics), chemicals, mineral fuels |
Exports - partners | Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006) | US 19%, Malaysia 17%, Hong Kong 8%, Japan 7%, Taiwan 5%, Thailand 4%, UK 4%, Netherlands 3.8%, China 3%, South Korea 3%, Germany 3% (1999) |
Fiscal year | calendar year | 1 April - 31 March |
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 red (top) and white; near the hoist side of the red band, there is a vertical, white crescent (closed portion is toward the hoist side) partially enclosing five white five-pointed stars arranged in a circle |
GDP | - | purchasing power parity - $109.8 billion (2000 est.) |
GDP - composition by sector | agriculture: 5.3%
industry: 26.3% services: 68.4% (2007 est.) |
agriculture:
NEGL% industry: 30% services: 70% |
GDP - per capita | - | purchasing power parity - $26,500 (2000 est.) |
GDP - real growth rate | 1.8% (2007 est.) | 10.1% (2000 est.) |
Geographic coordinates | 65 00 N, 18 00 W | 1 22 N, 103 48 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 | focal point for Southeast Asian sea routes |
Heliports | - | 1 (2000 est.) |
Highways | - | total:
3,150 km paved: 3,066 km (including 150 km of expressways) unpaved: 84 km (2000) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
NA% highest 10%: NA% |
Illicit drugs | - | as a transportation and financial services hub, Singapore is vulnerable, despite strict laws and enforcement, to use as a transit point for Golden Triangle heroin and as a venue for money laundering |
Imports | 17,450 bbl/day (2004) | $127 billion (f.o.b., 2000) |
Imports - commodities | machinery and equipment, petroleum products, foodstuffs, textiles | machinery and equipment, mineral fuels, chemicals, foodstuffs |
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 17%, Japan 17%, Malaysia 16%, Thailand 5%, China 5%, Taiwan 4%, Germany 3%, Saudi Arabia 3% (1999) |
Independence | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) | 9 August 1965 (from Malaysia) |
Industrial production growth rate | 9% (2007 est.) | 14% (2000 est.) |
Industries | fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism | electronics, chemicals, financial services, oil drilling equipment, petroleum refining, rubber processing and rubber products, processed food and beverages, ship repair, entrepot trade, biotechnology |
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.) |
3.62 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 4.9% (2007 est.) | 1.4% (2000) |
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 | APEC, ARF, AsDB, ASEAN, Australia Group (observer), BIS, C, CCC, CP, ESCAP, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ISO, ITU, NAM, OPCW, PCA, UN, UN Security Council (temporary), UNCTAD, UNIKOM, UNMEE, UNTAET, UPU, WHO, WIPO, WMO, WTrO |
Internet Service Providers (ISPs) | - | 9 (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 (chief justice is appointed by the president with the advice of the prime minister, other judges are appointed by the president with the advice of the chief justice); Court of Appeals |
Labor force | 180,000 (2007 est.) | 2.1 million (2000) |
Labor force - by occupation | agriculture: 5.1%
industry: 23% services: 71.4% (2005) |
financial, business, and other services 35%, manufacturing 21%, construction 13%, transportation and communication 9% |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2005) |
arable land:
2% permanent crops: 6% permanent pastures: 0% forests and woodland: 5% other: 87% (1993 est.) |
Languages | Icelandic, English, Nordic languages, German widely spoken | Chinese (official), Malay (official and national), Tamil (official), English (official) |
Legal system | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction | based on English common 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 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 Parliament (83 seats; members elected by popular vote to serve five-year terms)
elections: last held 2 January 1997 (next to be held by 26 August 2002) election results: percent of vote by party - PAP 65% (in contested constituencies), other 35%; seats by party - PAP 81, WP 1, SPP 1; note - subsequent to the election, there was a change in the distribution of seats, the new distribution is as follows: PAP 80, WP 1, SPP 1, vacant 1 |
Life expectancy at birth | total population: 80.43 years
male: 78.33 years female: 82.62 years (2007 est.) |
total population:
80.17 years male: 77.22 years female: 83.35 years (2001 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: 93.5% male: 97% female: 89.8% (1999) |
Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | Southeastern Asia, islands between Malaysia and Indonesia |
Map references | Arctic Region | Southeast Asia |
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:
within and beyond territorial sea, as defined in treaties and practice territorial sea: 3 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:
879 ships (1,000 GRT or over) totaling 20,849,168 GRT/33,215,317 DWT ships by type: bulk 134, cargo 111, chemical tanker 63, combination bulk 10, combination ore/oil 6, container 167, liquefied gas 28, livestock carrier 2, multi-functional large-load carrier 4, passenger 1, petroleum tanker 295, refrigerated cargo 7, roll on/roll off 7, short-sea passenger 1, specialized tanker 10, vehicle carrier 33 note: includes some foreign-owned ships registered here as a flag of convenience: Australia 1, Bermuda 12, Belgium 6, China 9, Denmark 29, Germany 8, Greece 1, Hong Kong 20, Indonesia 9, Japan 32, South Korea 3, Netherlands 2, Norway 9, Russia 1, Sweden 22, Thailand 22, Taiwan 17, UK 3, US 10 (2000 est.) |
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) | Army, Navy, Air Force, People's Defense Force, Police Force |
Military expenditures - dollar figure | - | $5 billion (FY00/01 est.) |
Military expenditures - percent of GDP | 0% (2005 est.) | 4.5% (FY00/01 est.) |
Military manpower - availability | - | males age 15-49:
1,316,815 (2001 est.) |
Military manpower - fit for military service | - | males age 15-49:
959,636 (2001 est.) |
National holiday | Independence Day, 17 June (1944) | Independence Day, 9 August (1965) |
Nationality | noun: Icelander(s)
adjective: Icelandic |
noun:
Singaporean(s) adjective: Singapore |
Natural hazards | earthquakes and volcanic activity | NA |
Natural resources | fish, hydropower, geothermal power, diatomite | fish, deepwater ports |
Net migration rate | 1.43 migrant(s)/1,000 population (2007 est.) | 26.45 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) | People's Action Party or PAP [GOH Chok Tong, secretary general] - the governing party; Singapore Democratic Party or SDP [CHEE Soon Juan]; Singapore People's Party or SPP [CHIAM See Tong]; Workers' Party or WP [J. B. JEYARETNAM] |
Political pressure groups and leaders | NA | NA |
Population | 301,931 (July 2007 est.) | 4,300,419 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.824% (2007 est.) | 3.5% (2001 est.) |
Ports and harbors | - | Singapore |
Radio broadcast stations | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) | AM 0, FM 16, shortwave 2 (1998) |
Radios | - | 2.6 million (2000) |
Railways | - | total:
38.6 km narrow gauge: 38.6 km 1.000-m gauge note: there is a 83 km mass transit system with 48 stations |
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) | Buddhist (Chinese), Muslim (Malays), Christian, Hindu, Sikh, Taoist, Confucianist |
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:
1.08 male(s)/female under 15 years: 1.07 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.78 male(s)/female total population: 0.96 male(s)/female (2001 est.) |
Suffrage | 18 years of age; universal | 21 years of age; universal and compulsory |
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:
major consideration given to serving business interests; excellent international service domestic: excellent domestic facilities international: submarine cables to Malaysia (Sabah and Peninsular Malaysia), Indonesia, and the Philippines; satellite earth stations - 2 Intelsat (1 Indian Ocean and 1 Pacific Ocean), and 1 Inmarsat (Pacific Ocean region) |
Telephones - main lines in use | 193,700 (2006) | 1.928 million (November 2000) |
Telephones - mobile cellular | 328,500 (2006) | 2.333 million (November 2000) |
Television broadcast stations | 14 (plus 156 repeaters) (1997) | 6 (2000) |
Terrain | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords | lowland; gently undulating central plateau contains water catchment area and nature preserve |
Total fertility rate | 1.91 children born/woman (2007 est.) | 1.22 children born/woman (2001 est.) |
Unemployment rate | 1% (2007 est.) | 3% (2000 est.) |
Waterways | - | none |