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Compare Iceland (2008) - World (2008)

Compare Iceland (2008) z World (2008)

 Iceland (2008)World (2008)
 IcelandWorld
Administrative divisions 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland 266 nations, dependent areas, and other entities
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: 27.4% (male 931,551,498/female 875,646,416)


15-64 years: 65.1% (male 2,174,605,518/female 2,124,494,703)


65 years and over: 7.5% (male 217,451,123/female 278,474,917) (2007 est.)
Agriculture - products potatoes, green vegetables; mutton, dairy products; fish -
Airports 99 (2007) total airports - 49,024


top ten by passengers: Atlanta - 84,846,639; Chicago - 77,028,134; London - 67,530,197; Tokyo - 65,810,672; Los Angeles - 61,041,066; Dallas/Fort Worth - 60,226,138; Paris - 56,849,567; Frankfurt - 52,810,683; Beijing - 48,654,770; Denver - 47,325,016


top ten by cargo (metric tons): Memphis - 3,692,081; Hong Kong - 3,609,780; Anchorage - 2,691,395; Seoul - 2,336,572; Tokyo - 2,280,830; Shanghai - 2,168,122; Paris - 2,130,724; Frankfurt - 2,127,646; Louisville (US) - 1,983,032; Singapore - 1,931,881 (2006)
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.) 20.09 births/1,000 population (2007 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 a wide equatorial band of hot and humid tropical climates - bordered north and south by subtropical temperate zones - that separate two large areas of cold and dry polar climates
Coastline 4,970 km 356,000 km


note: 94 nations and other entities are islands that border no other countries, they include: American Samoa, Anguilla, Antigua and Barbuda, Aruba, Ashmore and Cartier Islands, The Bahamas, Bahrain, Baker Island, Barbados, Bermuda, Bouvet Island, British Indian Ocean Territory, British Virgin Islands, Cape Verde, Cayman Islands, Christmas Island, Clipperton Island, Cocos (Keeling) Islands, Comoros, Cook Islands, Coral Sea Islands, Cuba, Cyprus, Dominica, Falkland Islands (Islas Malvinas), Faroe Islands, Fiji, French Polynesia, French Southern and Antarctic Lands, Greenland, Grenada, Guam, Guernsey, Heard Island and McDonald Islands, Howland Island, Iceland, Isle of Man, Jamaica, Jan Mayen, Japan, Jarvis Island, Jersey, Johnston Atoll, Kingman Reef, Kiribati, Madagascar, Maldives, Malta, Marshall Islands, Martinique, Mauritius, Mayotte, Federated States of Micronesia, Midway Islands, Montserrat, Nauru, Navassa Island, New Caledonia, New Zealand, Niue, Norfolk Island, Northern Mariana Islands, Palau, Palmyra Atoll, Paracel Islands, Philippines, Pitcairn Islands, Puerto Rico, Reunion, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Seychelles, Singapore, Solomon Islands, South Georgia and the South Sandwich Islands, Spratly Islands, Sri Lanka, Svalbard, Tokelau, Tonga, Trinidad and Tobago, Turks and Caicos Islands, Tuvalu, Vanuatu, Virgin Islands, Wake Island, Wallis and Futuna, Taiwan
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.) 8.37 deaths/1,000 population (2007 est.)
Debt - external $3.073 billion (2002) $54.31 trillion


note: this figure is the sum total of all countries' external debt, both public and private (2004 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 stretching over 250,000 km, the world's 322 international land boundaries separate 194 independent states and 70 dependencies, areas of special sovereignty, and other miscellaneous entities; ethnicity, culture, race, religion, and language have divided states into separate political entities as much as history, physical terrain, political fiat, or conquest, resulting in sometimes arbitrary and imposed boundaries; most maritime states have claimed limits that include territorial seas and exclusive economic zones; overlapping limits due to adjacent or opposite coasts create the potential for 430 bilateral maritime boundaries of which 209 have agreements that include contiguous and non-contiguous segments; boundary, borderland/resource, and territorial disputes vary in intensity from managed or dormant to violent or militarized; undemarcated, indefinite, porous, and unmanaged boundaries tend to encourage illegal cross-border activities, uncontrolled migration, and confrontation; territorial disputes may evolve from historical and/or cultural claims, or they may be brought on by resource competition; ethnic and cultural clashes continue to be responsible for much of the territorial fragmentation and internal displacement of the estimated 6.6 million people and cross-border displacements of 8.6 million refugees around the world as of early 2006; just over one million refugees were repatriated in the same period; other sources of contention include access to water and mineral (especially hydrocarbon) resources, fisheries, and arable land; armed conflict prevails not so much between the uniformed armed forces of independent states as between stateless armed entities that detract from the sustenance and welfare of local populations, leaving the community of nations to cope with resultant refugees, hunger, disease, impoverishment, and environmental degradation
Economic aid - donor $6.7 million (2004) -
Economic aid - recipient - ODA, $106.4 billion (2005)
Economy - overview Iceland's Scandinavian-type economy is basically capitalistic, yet with an extensive welfare system (including generous housing subsidies), low unemployment, and remarkably even distribution of income. In the absence of other natural resources (except for abundant geothermal power), the economy depends heavily on the fishing industry, which provides nearly 70% of export earnings and employs 6% of the work force. The economy remains sensitive to declining fish stocks as well as to fluctuations in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. Substantial foreign investment in the aluminum and hydropower sectors has boosted economic growth which, nevertheless, has been volatile and characterized by recurrent imbalances. Government policies include reducing the current account deficit, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, and diversifying the economy. The government remains opposed to EU membership, primarily because of Icelanders' concern about losing control over their fishing resources. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, and new developments in software production, biotechnology, and financial services are taking place. The tourism sector is also expanding, with the recent trends in ecotourism and whale watching. The 2006 closure of the US military base at Keflavik had very little impact on the national economy; Iceland's low unemployment rate aided former base employees in finding alternate employment. Global output rose by 5.2% in 2007, led by China (11.4%), India (8.5%), and Russia (7.4%). The 14 other successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations continued as strong performers, in the 8%-10% range of growth. From 2006 to 2007 growth rates slowed in all the major industrial countries except for the United Kingdom (3.0%). Analysts attribute the slowdown to uncertainties in the financial markets and lowered consumer confidence. Worldwide, nations varied widely in their growth results. 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 Iraq, in Indonesia, and in Canada. Externally, the central government is losing decisionmaking powers to international bodies, notably the EU. 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 an 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 accentuated a growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. The opening of war in March 2003 between a US-led coalition and Iraq added new uncertainties to global economic prospects. After the initial coalition victory, the complex political difficulties and the high economic cost of establishing domestic order in Iraq became major global problems that continued through 2007.
Electricity - consumption 8.152 billion kWh (2005) 16.78 trillion kWh (2005 est.)
Electricity - exports 0 kWh (2005) 635.6 billion kWh (2005)
Electricity - imports 0 kWh (2005) 625.7 billion kWh (2005)
Electricity - production 8.533 billion kWh (2005) 18.55 trillion kWh (2005 est.)
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
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; global warming becoming a greater concern
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) 63.76 million bbl/day (2004)
Exports - commodities fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite the whole range of industrial and agricultural goods and services


top ten - share of world trade: electrical machinery, including computers 14.8%; mineral fuels, including oil, coal, gas, and refined products 14.4%; nuclear reactors, boilers, and parts 14.2%; cars, trucks, and buses 8.9%; scientific and precision instruments 3.5%; plastics 3.4%; iron and steel 2.7%; organic chemicals 2.6%; pharmaceutical products 2.6%; diamonds, pearls, and precious stones 1.9% (2006 est.)
Exports - partners Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006) US 15.1%, Germany 7.4%, China 5.9%, France 4.6%, UK 4.5%, Japan 4.4% (2006)
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 - composition by sector agriculture: 5.3%


industry: 26.3%


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


industry: 32%


services: 64% (2007 est.)
GDP - real growth rate 1.8% (2007 est.) 5.2% (2007 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 13.7-billion-year age estimated for the universe
Heliports - 1,359 (2007)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 2.5%


highest 10%: 29.8% (2002 est.)
Illicit drugs - cocaine: worldwide coca leaf cultivation in 2005 amounted to 208,500 hectares; Colombia produced slightly more than two-thirds of the worldwide crop, followed by Peru and Bolivia; potential pure cocaine production rose to 900 from 645 metric tons in 2005 - partially due to improved methodologies used to calculate levels of production; Colombia conducts aggressive coca eradication campaign, but both Peruvian and Bolivian Governments are hesitant to eradicate coca in key growing areas; 551 metric tons of export-quality cocaine (85% pure) is documented to have been seized or destroyed in 2005; US consumption of export quality cocaine is estimated to have been in excess of 380 metric tons



opiates: worldwide illicit opium poppy cultivation reached 208,500 hectares in 2005; potential opium production of 4,990 metric tons was only a 9% decrease over 2004's highest total recorded since estimates began in mid-1980s; Afghanistan is world's primary opium producer, accounting for 90% of the global supply; Southeast Asia - responsible for 9% of global opium - saw marginal increases in production; Latin America produced 1% of global opium, but most was refined into heroin destined for the US market; if all potential opium was processed into pure heroin, the potential global production would be 577 metric tons of heroin in 2005
Imports 17,450 bbl/day (2004) 63.18 million bbl/day (2004)
Imports - commodities machinery and equipment, petroleum products, foodstuffs, textiles the whole range of industrial and agricultural goods and services


top ten - share of world trade: see listing for exports
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) China 9.8%, Germany 8.8%, US 8.6%, Japan 5.6% (2006)
Independence 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) -
Industrial production growth rate 9% (2007 est.) 5% (2007 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.)
total: 43.52 deaths/1,000 live births


male: 46.32 deaths/1,000 live births


female: 40.52 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 4.9% (2007 est.) developed countries 1% to 4% typically; developing countries 5% to 20% typically; national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in one Third World countries (Zimbabwe); inflation rates have declined for most countries for the last several years, held in check by increasing international competition from several low wage countries (2005 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 -
Irrigated land NA 2,770,980 sq km (2003)
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.) 3.001 billion (2007 est.)
Labor force - by occupation agriculture: 5.1%


industry: 23%


services: 71.4% (2005)
agriculture: 40%


industry: 20.5%


services: 39.4% (2007 est.)
Land boundaries 0 km the land boundaries in the world total 251,060 km (not counting shared boundaries twice); two nations, China and Russia, each border 14 other countries


note: 45 nations and other areas are landlocked, these 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, Kosovo, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Macedonia, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Serbia, Slovakia, Swaziland, Switzerland, Tajikistan, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly landlocked
Land use arable land: 0.07%


permanent crops: 0%


other: 99.93% (2005)
arable land: 13.31%


permanent crops: 4.71%


other: 81.98% (2005)
Languages Icelandic, English, Nordic languages, German widely spoken Mandarin Chinese 13.22%, Spanish 4.88%, English 4.68%, Arabic 3.12%, Hindi 2.74%, Portuguese 2.69%, Bengali 2.59%, Russian 2.2%, Japanese 1.85%, Standard German 1.44%, Wu Chinese 1.17% (2005 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 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: 65.82 years


male: 63.89 years


female: 67.84 years (2007 est.)
Literacy definition: age 15 and over can read and write


total population: 99%


male: 99%


female: 99% (2003 est.)
definition: age 15 and over can read and write


total population: 82%


male: 87%


female: 77%


note: over two-thirds of the world's 785 million illiterate adults are found in only eight countries (India, China, Bangladesh, Pakistan, Nigeria, Ethiopia, Indonesia, and Egypt); of all the illiterate adults in the world, two-thirds are women; extremely low literacy rates are concentrated in three regions, South and West Asia, Sub-Saharan Africa, and the Arab states, where around one-third of the men and half of all women are illiterate (2005 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 measured from the mean low-tide baseline as described in the 1982 UN Convention on the Law of the Sea: territorial sea - 12 nm, contiguous zone - 24 nm, and exclusive economic zone - 200 nm; additional zones provide for exploitation of continental shelf resources and an exclusive fishing zone; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 nm
Merchant marine total: 2 ships (1000 GRT or over) 4,704 GRT/729 DWT


by type: passenger/cargo 2


registered in other countries: 41 (Antigua and Barbuda 9, Bahamas 1, Belize 1, Faroe Islands 4, Gibraltar 1, Malta 7, Norway 3, St Vincent and The Grenadines 15) (2007)
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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 - percent of GDP 0% (2005 est.) roughly 2% of gross world product (2005 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.) 6,602,224,175 (July 2007 est.)
Population below poverty line NA% -
Population growth rate 0.824% (2007 est.) 1.167% (2007 est.)
Radio broadcast stations AM 3, FM about 70 (including repeaters), shortwave 1 (1998) AM NA, FM NA, shortwave NA
Railways - total: 1,370,782 km (2006)
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 33.32% (of which Roman Catholics 16.99%, Protestants 5.78%, Orthodox 3.53%, Anglicans 1.25%), Muslims 21.01%, Hindus 13.26%, Buddhists 5.84%, Sikhs 0.35%, Jews 0.23%, Baha'is 0.12%, other religions 11.78%, non-religious 11.77%, atheists 2.32% (2007 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: 1.07 male(s)/female


under 15 years: 1.064 male(s)/female


15-64 years: 1.024 male(s)/female


65 years and over: 0.781 male(s)/female


total population: 1.014 male(s)/female (2007 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) 1,263,367,600 (2005)
Telephones - mobile cellular 328,500 (2006) 2,168,433,600 (2005)
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.) 2.59 children born/woman (2007 est.)
Unemployment rate 1% (2007 est.) 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2007 est.)
Waterways - 671,886 km (2004)
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