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Compare Iceland (2008) - World (2002)
Compare Iceland (2008) z World (2002)
| Iceland (2008) | World (2002) | |
 |  | |
| Administrative divisions | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland | 268 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: 29.2% (male 932,581,592; female 885,688,851)
15-64 years: 63.7% (male 2,009,997,089; female 1,964,938,201) 65 years and over: 7.1% (male 193,549,180; female 247,067,032) (2002 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) |
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| Airports - with unpaved runways | total: 94
1,524 to 2,437 m: 3 914 to 1,523 m: 28 under 914 m: 63 (2007) |
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| 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 decline 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.) | 21.16 births/1,000 population (2002 est.) |
| Budget | revenues: $9.495 billion
expenditures: $8.432 billion (2007 est.) |
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| Capital | name: Reykjavik
geographic coordinates: 64 09 N, 21 57 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) |
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| Climate | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers | two large areas of polar climates separated by two rather narrow temperate zones form 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 |
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| Death rate | 6.77 deaths/1,000 population (2007 est.) | 8.93 deaths/1,000 population (2002 est.) |
| Debt - external | $3.073 billion (2002) | $2 trillion for less developed countries (2001 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 |
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| 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 |
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| 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 | - | official development assistance (ODA) $50 billion (2001 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) fell from 4.8% in 2000 to 2.2% in 2001. The causes: slowdowns in the US economy (21% of GWP) and in the 15 EU economies (20% of GWP); continued stagnation in the Japanese economy (7.3% of GWP); and spillover effects in the less developed regions of the world. China, the second largest economy in the world (12% of GWP), proved an exception, continuing its rapid annual growth, officially announced as 7.3% but estimated by many observers as perhaps two percentage points lower. Russia (2.6% of GWP), with 5.2% growth, continued to make uneven progress, its GDP per capita still only one-third that of the leading industrial nations. The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations were strong performers, in the 5% range 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, in Indonesia, 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. 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 economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. (For specific economic developments in each country of the world in 2001, 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
note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean 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 |
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| Ethnic groups | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% | - |
| Exchange rates | Icelandic kronur per US dollar - 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% |
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| Exports | 0 bbl/day (2004) | $6.3 trillion f.o.b. (2001 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 - $47 trillion (2001 est.) |
| GDP - composition by sector | agriculture: 5.3%
industry: 26.3% services: 68.4% (2007 est.) |
agriculture: 4%
industry: 32% services: 64% (2001 est.) |
| GDP - per capita | - | purchasing power parity - $7,600 (2001 est.) |
| GDP - real growth rate | 1.8% (2007 est.) | 2.2% (2001 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 | the world is now thought to be about 4.55 billion years old, just about one-third of the 13-billion-year age estimated for the universe |
| 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) | $6.3 trillion f.o.b. (2001 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 into 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.) |
51.55 deaths/1,000 live births (2002 est.) |
| Inflation rate (consumer prices) | 4.9% (2007 est.) | developed countries 1% to 4% typically; developing countries 5% to 60% typically (2001 est.); national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several 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 | 2,714,320 sq km (1998 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) |
agriculture NA%, industry NA%, services NA% |
| Land boundaries | 0 km | the land boundaries in the world total 250,472 km (not counting shared boundaries twice) |
| Land use | arable land: 0.07%
permanent crops: 0% other: 99.93% (2005) |
arable land: 10.58%
permanent crops: 1% other: 88.42% (1998 est.) |
| Languages | Icelandic, English, Nordic languages, German widely spoken | Chinese, Mandarin 14.37%, Hindi 6.02%, English 5.61%, Spanish 5.59%, Bengali 3.4%, Portuguese 2.63%, Russian 2.75%, Japanese 2.06%, German, Standard 1.64%, Korean 1.28%, French 1.27% (2000 est.)
note: percents are for "first language" speakers only |
| 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 |
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| Life expectancy at birth | total population: 80.43 years
male: 78.33 years female: 82.62 years (2007 est.) |
total population: 63.94 years
male: 62.28 years female: 65.67 years (2002 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: 77% male: 83% female: 71% (1995 est.) |
| Location | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK | - |
| Map references | Arctic Region | Physical Map of the World, Political Map of the World, Standard Time Zones of the World |
| Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin |
a variety of situations exist, but in general, most countries make the following claims: contiguous zone - 24 NM; continental shelf - 200-m depth or to the depth of exploitation, or 200 NM or to the edge of the continental margin; exclusive fishing zone - 200 NM; exclusive economic zone - 200 NM; territorial sea - 12 NM; 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; two of these, Liechtenstein and Uzbekistan, are doubly 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) |
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| Military - note | under a 1951 bilateral agreement, Iceland's defense was provided by a US-manned Icelandic Defense Force (IDF) headquartered in Keflavik; in October 2006, all US military forces in Iceland were withdrawn; nonetheless, the US and Iceland signed a Joint Understanding to strengthen their bilateral defense relationship, including regular security consultations, military communications in the event of national emergencies, annual bilateral exercises on Icelandic territory, and future bilateral and NATO support to four Iceland Air Defense System (IADS) radar sites | - |
| Military branches | no regular 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 |
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| 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 depletion 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.) | 6,233,821,945 (July 2002 est.) |
| Population below poverty line | NA% | - |
| Population growth rate | 0.824% (2007 est.) | 1.23% (2002 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) | Christians 32.88% (of which Roman Catholics 17.39%, Protestants 5.62%, Orthodox 3.54%, Anglicans 1.31%), Muslims 19.54%, Hindus 13.34%, Buddhists 5.92%, Sikhs 0.38%, Jews 0.24%, other religions 12.6%, non-religious 12.63%, atheists 2.47% (2000 est.) |
| 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: 1.01 male(s)/female (2002 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.) | 2.7 children born/woman (2002 est.) |
| Unemployment rate | 1% (2007 est.) | 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2001 est.) |
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