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Compare Iceland (2008) - World (2001)

Compare Iceland (2008) z World (2001)

 Iceland (2008)World (2001)
 IcelandWorld
Administrative divisions 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland 267 nations, dependent areas, other, and miscellaneous entries
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:
29.6% (male 933,647,850; female 886,681,514)

15-64 years:
63.4% (male 1,975,418,386; female 1,931,021,694)

65 years and over:
7% (male 188,760,223; female 241,449,691) (2001 est.)
Agriculture - products potatoes, green vegetables; mutton, dairy products; fish -
Airports 99 (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)
-
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:
510.072 million sq km

land:
148.94 million sq km

water:
361.132 million sq km

note:
70.8% of the world's surface is water, 29.2% is land
Area - comparative slightly smaller than Kentucky land area about 16 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. Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the drop in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war).
Birth rate 13.57 births/1,000 population (2007 est.) 21.37 births/1,000 population (2001 est.)
Budget revenues: $9.495 billion


expenditures: $8.432 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)
-
Climate temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers two large areas of polar climates separated by two rather narrow temperate zones from a wide equatorial band of tropical to subtropical climates
Coastline 4,970 km 356,000 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
-
Death rate 6.77 deaths/1,000 population (2007 est.) 8.93 deaths/1,000 population (2001 est.)
Debt - external $3.073 billion (2002) $2 trillion for less developed countries (2000 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
-
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
-
Disputes - international Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm -
Economic aid - donor $6.7 million (2004) -
Economic aid - recipient - traditional worldwide foreign aid $50 billion (1997 est.)
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. Growth in global output (gross world product, GWP) rose to 4.8% in 2000 from 3.5% in 1999, despite continued low growth in Japan, severe financial difficulties in other East Asian countries, and widespread dislocations in several transition economies. The US economy continued its remarkable sustained prosperity, growing at 5% in 2000, although growth slowed in fourth quarter 2000; the US accounted for 23% of GWP. The EU economies grew at 3.3% and produced 20% of GWP. China, the second largest economy in the world, continued its strong growth and accounted for 10% of GWP. Japan grew at only 1.3% in 2000; its share in GWP is 7%. As usual, the 15 successor nations of the USSR and the other old Warsaw Pact nations experienced widely different rates of growth. The developing nations also varied in their growth results, with many countries facing population increases that eat up gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, and in Canada. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. Continued financial difficulties in East Asia, Russia, and many African nations, as well as the slowdown in US economic growth, cast a shadow over short-term global economic prospects; GWP probably will grow at 3-4% in 2001. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses serious economic risks because of varying levels of income and cultural and political differences among the participating nations. (For specific economic developments in each country of the world in 2000, see the individual country entries.)
Electricity - consumption 8.152 billion kWh (2005) -
Electricity - exports 0 kWh (2005) -
Electricity - imports 0 kWh (2005) -
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:
Bentley Subglacial Trench -2,540 m

highest point:
Mount Everest 8,850 m (1999 est.)
Environment - current issues water pollution from fertilizer runoff; inadequate wastewater treatment large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion
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
-
Ethnic groups homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% -
Exchange rates Icelandic kronur per US dollar - 63.391 (2007), 70.195 (2006), 62.982 (2005), 70.192 (2004), 76.709 (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%
-
Exports 0 bbl/day (2004) $6 trillion (f.o.b., 2000 est.)
Exports - commodities fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite the whole range of industrial and agricultural goods and services
Exports - partners Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006) in value, about 75% of exports from the developed countries
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 - GWP (gross world product) - purchasing power parity - $43.6 trillion (2000 est.)
GDP - composition by sector agriculture: 5.3%


industry: 26.3%


services: 68.4% (2007 est.)
agriculture:
4%

industry:
32%

services:
64% (1999 est.)
GDP - per capita - purchasing power parity - $7,200 (2000 est.)
GDP - real growth rate 1.8% (2007 est.) 4.8% (2000 est.)
Geographic coordinates 65 00 N, 18 00 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 -
Highways - total:
NA km

paved:
NA km

unpaved:
NA km
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) $6 trillion (f.o.b., 2000 est.)
Imports - commodities machinery and equipment, petroleum products, foodstuffs, textiles the whole range of industrial and agricultural goods and services
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) in value, about 75% of imports by the developed countries
Independence 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) -
Industrial production growth rate 9% (2007 est.) 6% (2000 est.)
Industries fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems
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.)
52.61 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 4.9% (2007 est.) all countries 25%; developed countries 1% to 3% typically; developing countries 5% to 60% typically (2000 est.)

note:
national inflation rates vary widely in individual cases, from stable prices in Japan to hyperinflation in a number of Third World countries
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 -
Internet Service Providers (ISPs) - 10,350 (2000 est.)
Irrigated land NA 2,481,250 sq km (1993 est.)
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 180,000 (2007 est.) NA
Labor force - by occupation agriculture: 5.1%


industry: 23%


services: 71.4% (2005)
agricultue NA%, industry NA%, services NA%
Land boundaries 0 km the land boundaries in the world total 251,480.24 km (not counting shared boundaries twice)
Land use arable land: 0.07%


permanent crops: 0%


other: 99.93% (2005)
arable land:
10%

permanent crops:
1%

permanent pastures:
26%

forests and woodland:
32%

other:
31% (1993 est.)
Languages Icelandic, English, Nordic languages, German widely spoken -
Legal system civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court
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
-
Life expectancy at birth total population: 80.43 years


male: 78.33 years


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

male:
62.15 years

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


total population: 99%


male: 99%


female: 99% (2003 est.)
-
Location Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK -
Map references Arctic Region World, Time Zones
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm


continental shelf: 200 nm or to the edge of the continental margin
contiguous zone:
24 NM claimed by most, but can vary

continental shelf:
200-m depth claimed by most or to depth of exploitation; others claim 200 NM or to the edge of the continental margin

exclusive fishing zone:
200 NM claimed by most, but can vary

exclusive economic zone:
200 NM claimed by most, but can vary

territorial sea:
12 NM claimed by most, but can vary

note:
boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe
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 -
Military branches no regular military forces; Icelandic National Police (2006) -
Military expenditures - dollar figure - aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.)
Military expenditures - percent of GDP 0% (2005 est.) roughly 2% of gross world product (1999 est.)
National holiday Independence Day, 17 June (1944) -
Nationality noun: Icelander(s)


adjective: Icelandic
-
Natural hazards earthquakes and volcanic activity large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions)
Natural resources fish, hydropower, geothermal power, diatomite the rapid using up of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address
Net migration rate 1.43 migrant(s)/1,000 population (2007 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) -
Political pressure groups and leaders NA -
Population 301,931 (July 2007 est.) 6,157,400,560 (July 2001 est.)
Population below poverty line NA% -
Population growth rate 0.824% (2007 est.) 1.25% (2001 est.)
Ports and harbors - Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama
Radio broadcast stations AM 3, FM about 70 (including repeaters), shortwave 1 (1998) AM NA, FM NA, shortwave NA
Radios - NA
Railways - total:
1,201,337 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line

broad gauge:
251,153 km

standard gauge:
710,754 km

narrow gauge:
239,430 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) -
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:
1.05 male(s)/female

under 15 years:
1.05 male(s)/female

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

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

total population:
1.05 male(s)/female (2001 est.)
Suffrage 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:
NA

domestic:
NA

international:
NA
Telephones - main lines in use 193,700 (2006) NA
Telephones - mobile cellular 328,500 (2006) NA
Television broadcast stations 14 (plus 156 repeaters) (1997) NA
Terrain mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean
Total fertility rate 1.91 children born/woman (2007 est.) 2.73 children born/woman (2001 est.)
Unemployment rate 1% (2007 est.) 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2000 est.)
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