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Compare Iceland (2008) - European Union (2008)

Compare Iceland (2008) z European Union (2008)

 Iceland (2008)European Union (2008)
 IcelandEuropean Union
Administrative divisions 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland -
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: 15.72% (male 37,208,905/female 35,254,445)


15-64 years: 67.16% (male 155,807,769/female 153,690,235)


65 years and over: 17.11% (male 32,592,595/female 46,273,197) (2007 est.)
Agriculture - products potatoes, green vegetables; mutton, dairy products; fish wheat, barley, oilseeds, sugar beets, wine, grapes; dairy products, cattle, sheep, pigs, poultry; fish
Airports 99 (2007) 3,393 (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)
2,020 (2006)
Airports - with unpaved runways total: 94


1,524 to 2,437 m: 3


914 to 1,523 m: 28


under 914 m: 63 (2007)
1,373 (2006)
Area total: 103,000 sq km


land: 100,250 sq km


water: 2,750 sq km
total: 4,324,782 sq km
Area - comparative slightly smaller than Kentucky less than one-half 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. Following the two devastating World Wars of the first half of the 20th century, a number of European leaders in the late 1940s became convinced that the only way to establish a lasting peace was to unite the two chief belligerent nations - France and Germany - both economically and politically. In 1950, the French Foreign Minister Robert SCHUMAN proposed an eventual union of all Europe, the first step of which would be the integration of the coal and steel industries of Western Europe. The following year the European Coal and Steel Community (ECSC) was set up when six members, Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands, signed the Treaty of Paris.

The ECSC was so successful that within a few years the decision was made to integrate other parts of the countries' economies. In 1957, the Treaties of Rome created the European Economic Community (EEC) and the European Atomic Energy Community (Euratom), and the six member states undertook to eliminate trade barriers among themselves by forming a common market. In 1967, the institutions of all three communities were formally merged into the European Community (EC), creating a single Commission, a single Council of Ministers, and the European Parliament. Members of the European Parliament were initially selected by national parliaments, but in 1979 the first direct elections were undertaken and they have been held every five years since.

In 1973, the first enlargement of the EC took place with the addition of Denmark, Ireland, and the United Kingdom. The 1980s saw further membership expansion with Greece joining in 1981 and Spain and Portugal in 1986. The 1992 Treaty of Maastricht laid the basis for further forms of cooperation in foreign and defense policy, in judicial and internal affairs, and in the creation of an economic and monetary union - including a common currency. This further integration created the European Union (EU). In 1995, Austria, Finland, and Sweden joined the EU, raising the membership total to 15.

A new currency, the euro, was launched in world money markets on 1 January 1999; it became the unit of exchange for all of the EU states except the United Kingdom, Sweden, and Denmark. In 2002, citizens of the 12 euro-area countries began using the euro banknotes and coins. Ten new countries joined the EU in 2004 - Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia - and in 2007 Bulgaria and Romania joined, bringing the current membership to 27. In order to ensure that the EU can continue to function efficiently with an expanded membership, the Treaty of Nice (in force as of 1 February 2003) set forth rules streamlining the size and procedures of EU institutions. An effort to establish an EU constitution, begun in October 2004, failed to attain unanimous ratification. A new effort, undertaken in June 2007, calls for the creation of an Intergovernmental Conference to form a political agreement, known as the Reform Treaty, which is to serve as a constitution. Unlike the constitution, however, the Reform Treaty would amend existing treaties rather than replace them.
Birth rate 13.57 births/1,000 population (2007 est.) 10 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)
name: Brussels (Belgium), Strasbourg (France), Luxembourg


geographic coordinates: 50 50 N, 4 20 E


time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October


note: the Council of the European Union meets in Brussels, Belgium, the European Parliament meets in Brussels and Strasbourg, France, and the Court of Justice of the European Communities meets in Luxembourg
Climate temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers cold temperate; potentially subarctic in the north to temperate; mild wet winters; hot dry summers in the south
Coastline 4,970 km 65,992.9 km
Constitution 16 June 1944, effective 17 June 1944; amended many times based on a series of treaties: the Treaty of Paris, which set up the European Coal and Steel Community (ECSC) in 1951; the Treaties of Rome, which set up the European Economic Community (EEC) and the European Atomic Energy Community (Euratom) in 1957; the Single European Act in 1986; the Treaty on European Union (Maastricht) in 1992; the Treaty of Amsterdam in 1997; and the Treaty of Nice in 2003; note - a new draft Constitutional Treaty, signed on 29 October 2004 in Rome, gave member states two years for ratification either by parliamentary vote or national referendum before it was scheduled to take effect on 1 November 2006; defeat in French and Dutch referenda in May-June 2005 dealt a severe setback to the ratification process; in June 2007, the European Council agreed on a clear and concise mandate for an Intergovernmental Conference to form a political agreement and put it into legal form; this agreement, known as the Reform Treaty, is to serve as a constitution and will be presented to the European Council in October 2007, in order to begin the ratification process
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.) 10 deaths/1,000 population (2007 est.)
Debt - external $3.073 billion (2002) -
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 C. Boyden GRAY


embassy: 13 Zinnerstraat/Rue Zinner, B-1000 Brussels


mailing address: same as above


telephone: [32] (2) 508-2222


FAX: [32] (2) 512-5720
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 John BRUTON


chancery: 2300 M Street, NW, Washington, DC 20037


telephone: [1] (202) 862-9500


FAX: [1] (202) 429-1766
Disputes - international Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm as a political union, the EU has no border disputes with neighboring countries, but Estonia has no land boundary agreements with Russia, Slovenia disputes its land and maritime boundaries with Croatia, and Spain has territorial and maritime disputes with Morocco and with the UK over Gibraltar; the EU has set up a Schengen area - consisting of 22 EU member states that have signed the convention implementing the Schengen agreements or "acquis" (1985 and 1990) on the free movement of persons and the harmonization of border controls in Europe; these agreements became incorporated into EU law with the implementation of the 1997 Treaty of Amsterdam on 1 May 1999; in addition, non-EU states Iceland and Norway (as part of the Nordic Union) have been included in the Schengen area since 1996 (full members in 2001), bringing the total current membership to 24; the UK (since 2000) and Ireland (since 2002) take part in only some aspects of the Schengen area, especially with respect to police and criminal matters; nine of the 12 new member states that joined the EU in 2004 joined Schengen on 21 December 2007; of the three remaining EU states, Cyprus is expected to join by 2009, while Romania and Bulgaria continue to enhance their border security systems
Economic aid - donor $6.7 million (2004) -
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. Internally, the EU is attempting to lower trade barriers, adopt a common currency, and move toward convergence of living standards. Internationally, the EU aims to bolster Europe's trade position and its political and economic power. Because of the great differences in per capita income among member states (from $7,000 to $69,000) and historic national animosities, the EU faces difficulties in devising and enforcing common policies. For example, since 2003 Germany and France have flouted the member states' treaty obligation to prevent their national budgets from running more than a 3% deficit. In 2004 and 2007, the EU admitted 10 and two countries, respectively, that are, in general, less advanced technologically and economically than the other 15. Eleven established EU member states introduced the euro as their common currency on 1 January 1999 (Greece did so two years later), but the UK, Sweden, and Denmark chose not to participate. Of the 12 most recent member states, only Slovenia (1 January 2007) and Cyprus and Malta (1 January 2008) have adopted the euro; the remaining nine are legally required to adopt the currency upon meeting EU's fiscal and monetary convergence criteria.
Electricity - consumption 8.152 billion kWh (2005) 2.81 trillion kWh (2004 est.)
Electricity - exports 0 kWh (2005) NA
Electricity - imports 0 kWh (2005) NA
Electricity - production 8.533 billion kWh (2005) 3.007 trillion kWh (2004 est.)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier)
lowest point: Lammefjord, Denmark -7 m; Zuidplaspolder, Netherlands -7 m


highest point: Mont Blanc 4,807 m; note - situated on the border between France and Italy
Environment - current issues water pollution from fertilizer runoff; inadequate wastewater treatment NA
Environment - international agreements party to: Air Pollution, Air Pollution-Persistent Organic Pollutants, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Kyoto Protocol, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Transboundary Air Pollution, Wetlands, Whaling


signed, but not ratified: Environmental Modification, Marine Life Conservation
party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulphur 94, Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Tropical Timber 82, Tropical Timber 94


signed but not ratified: Air Pollution-Volatile Organic Compounds
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) euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (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%
chief of union: President of the European Commission Jose Manuel DURAO BARROSO (since 22 November 2004)


cabinet: European Commission (composed of 27 members, one from each member country; each commissioner responsible for one or more policy areas)


elections: the president of the European Commission is designated by member governments and is confirmed by the European Parliament; working from member state recommendations, the Commission president then assembles a "college" of Commission members; the European Parliament confirms the entire Commission for a five-year term; the last confirmation process was held 18 November 2004 (next to be held in 2009)


election results: European Parliament approved the European Commission by an approval vote of 449 to 149 with 82 abstentions


note: the European Council brings together heads of state and government and the president of the European Commission and meets at least four times a year; its aim is to provide the impetus for the major political issues relating to European integration and to issue general policy guidelines
Exports 0 bbl/day (2004) 6.971 million bbl/day (2001)
Exports - commodities fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite machinery, motor vehicles, aircraft, plastics, pharmaceuticals and other chemicals, fuels, iron and steel, nonferrous metals, wood pulp and paper products, textiles, meat, dairy products, fish, alcoholic beverages.
Exports - partners Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006) US 23.3%, Switzerland 7.6%, Russia 5.2%, China 4.8% (2006)
Fiscal year calendar year NA
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) on a blue field, 12 five-pointed gold stars arranged in a circle, representing the union of the peoples of Europe; the number of stars is fixed
GDP - composition by sector agriculture: 5.3%


industry: 26.3%


services: 68.4% (2007 est.)
agriculture: 2%


industry: 27.1%


services: 70.7% (2006 est.)
GDP - real growth rate 1.8% (2007 est.) 3% (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 -
Heliports - 100 (2007)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 2.8%


highest 10%: 25.2% (2001 est.)
Imports 17,450 bbl/day (2004) 17.76 million bbl/day (2001)
Imports - commodities machinery and equipment, petroleum products, foodstuffs, textiles machinery, vehicles, aircraft, plastics, crude oil, chemicals, textiles, metals, foodstuffs, clothing
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 13.8%, China 13.4%, Russia 8.2%, Japan 6.2% (2006)
Independence 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) 7 February 1992 (Maastricht Treaty signed establishing the EU); 1 November 1993 (Maastricht Treaty entered into force)
Industrial production growth rate 9% (2007 est.) 2.6% (2006 est.)
Industries fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism among the world's largest and most technologically advanced, the European Union industrial base includes: ferrous and non-ferrous metal production and processing, metal products, petroleum, coal, cement, chemicals, pharmaceuticals, aerospace, rail transportation equipment, passenger and commercial vehicles, construction equipment, industrial equipment, shipbuilding, electrical power equipment, machine tools and automated manufacturing systems, electronics and telecommunications equipment, fishing, food and beverage processing, furniture, paper, textiles, tourism
Infant mortality rate total: 3.27 deaths/1,000 live births


male: 3.41 deaths/1,000 live births


female: 3.12 deaths/1,000 live births (2007 est.)
total: 4.8 deaths/1,000 live births


male: 5.3 deaths/1,000 live births


female: 4.3 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 4.9% (2007 est.) 1.8% (2006 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 European Union: ARF (dialogue member), ASEAN (dialogue member), IDA, OAS (observer), UN (observer)


European Community: Australian Group, CBSS, CERN, FAO, EBRD, G-10, NAM (observer), NSG (observer), OECD, UNRWA, WCO, WTO, ZC (observer)


European Central Bank: BIS


European Investment Bank: EBRD, WADB (nonregional member)
Irrigated land NA 168,050 sq km (2003 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) Court of Justice of the European Communities (ensures that the treaties are interpreted and applied uniformly throughout the EU; resolve constitutional issues among the EU institutions) - 27 justices (one from each member state) appointed for a six-year term; note - for the sake of efficiency, the court can sit with 13 justices known as the "Grand Chamber"; Court of First Instance - 27 justices appointed for a six-year term
Labor force 180,000 (2007 est.) 222.4 million (2006 est.)
Labor force - by occupation agriculture: 5.1%


industry: 23%


services: 71.4% (2005)
agriculture: 4.4%


industry: 27.1%


services: 67.1%


note: the remainder is in miscellaneous public and private sector industries and services (2002 est.)
Land boundaries 0 km total: 12,440.8 km


border countries: Albania 282 km, Andorra 120.3 km, Belarus 1,050 km, Croatia 999 km, Holy See 3.2 km, Liechtenstein 34.9 km, Macedonia 394 km, Moldova 450 km, Monaco 4.4 km, Norway 2,348 km, Russia 2,257 km, San Marino 39 km, Serbia 945 km, Switzerland 1,811 km, Turkey 446 km, Ukraine 1,257 km


note: data for European Continent only
Land use arable land: 0.07%


permanent crops: 0%


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


permanent crops: NA%


other: NA%
Languages Icelandic, English, Nordic languages, German widely spoken Bulgarian, Czech, Danish, Dutch, English, Estonian, Finnish, French, Gaelic, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovene, Spanish, Swedish


note: only official languages are listed; German, the major language of Germany, Austria, and Switzerland, is the most widely spoken mother tongue - over 19% of the EU population; English is the most widely spoken language - about 49% of the EU population is conversant with it (2007)
Legal system civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction comparable to the legal systems of member states; first supranational law system
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
two legislative bodies consists of the Council of the European Union (27 member-state ministers having 345 votes; the number of votes is roughly proportional to member-states' population; note - the Council is the main decision-making body of the EU) and the European Parliament (785 seats, as of 1 January 2007; seats allocated among member states by proportion to population; members elected by direct universal suffrage for a five-year term)


elections: last held 10-13 June 2004 (next to be held June 2009)


election results: percent of vote - NA; seats by party - EPP-ED 268, PES 202, ALDE 88, Greens/EFA 42, EUL/NGL 41, IND/DEM 36, UEN 27, independents 28; note - seats by party as of 1 December 2007 - EPP-ED 275, PES 217, ALDE 104, UEN 44, Greens/EFA 42, EUL/NGL 41, IND/DEM 24, independents 34, 4 unaccounted for
Life expectancy at birth total population: 80.43 years


male: 78.33 years


female: 82.62 years (2007 est.)
total population: 78.7 years


male: 75.6 years


female: 82 years (2007 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 Europe between the North Atlantic Ocean in the west and Russia, Belarus, and Ukraine to the east
Map references Arctic Region Europe
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm


continental shelf: 200 nm or to the edge of the continental margin
NA
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 In November 2004, the EU heads of government signed a "Treaty Establishing a Constitution for Europe" that offers possibilities for increased defense and security cooperation. If ratified, this treaty will give operational effect to the European Security and Defense Policy (ESDP), approved in the 2000 Nice Treaty. Despite limits of cooperation for some EU members, development of a EU military planning unit is likely to continue. The planning unit will support the EU Rapid Reaction Force, which EU ministers have said will deploy 2 "battle groups" in January 2007. France, Germany, Belgium, Netherlands, Luxembourg, and Italy continue to press for wider coordination. The 5-nation Eurocorps - created in 1992 by France, Germany, Belgium, Spain, and Luxembourg - has already deployed troops and police on peacekeeping missions to Bosnia-Herzegovina, Macedonia, and the Democratic Republic of the Congo and assumed command of the ISAF in Afghanistan in August 2004. Eurocorps directly commands the 5,000-man Franco-German Brigade, the Multinational Command Support Brigade, and EUFOR, which took over from SFOR in Bosnia in December 2004. Individual EU nations made commitments to provide 67,100 troops following the December 1999 EU summit in Helsinki. Some 56,000 troops from EU member states were actually deployed on various international operations in 2003. In August 2004, the new European Defense Agency, tasked with promoting cooperative European defense capabilities, began operations. In November 2004, the EU Council of Ministers formally committed to creating 13 1,500-man battle groups by the end of 2007, to respond to international crises on a rotating basis. Twenty-two of the EU's 25 nations have agreed to supply troops. France, Italy, and the UK formed the first of 3 battle groups in 2005. In May 2005, Norway, Sweden and Finland agreed to establish one of the battle groups, possibly to include Estonia forces. The remaining 9 groups are to be formed in 2007. A rapid-reaction naval EU Maritime Task Group was stood up in March 2007. (2005)
Military branches no regular military forces; Icelandic National Police (2006) -
Military expenditures - percent of GDP 0% (2005 est.) -
National holiday Independence Day, 17 June (1944) Europe Day 9 May (1950); note - a Union-wide holiday, the day that Robert SCHUMAN proposed the creation of the European Coal and Steel Community to achieve an organized Europe
Nationality noun: Icelander(s)


adjective: Icelandic
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Natural hazards earthquakes and volcanic activity flooding along coasts; avalanches in mountainous area; earthquakes in the south; volcanic eruptions in Italy; periodic droughts in Spain; ice floes in the Baltic
Natural resources fish, hydropower, geothermal power, diatomite iron ore, natural gas, petroleum, coal, copper, lead, zinc, bauxite, uranium, potash, salt, hydropower, arable land, timber, fish
Net migration rate 1.43 migrant(s)/1,000 population (2007 est.) 1.6 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) Confederal Group of the European United Left-Nordic Green Left or EUL/NGL [Francis WURTZ]; European People's Party-European Democrats or EPP-ED [Joseph DAUL]; Group of the Alliance of Liberals and Democrats for Europe or ALDE [Graham R. WATSON]; Group of Greens/European Free Alliance or Greens/EFA [Monica FRASSONI and Daniel Marc COHN-BENDIT]; Identity, Tradition, Sovereignty Group or ITS [Bruno GOLLNISCH]; Independence/Democracy Group or IND/DEM [Jens-Peter BONDE and Nigel FARAGE]; Socialist Group in the European Parliament or PES [Martin SCHULZ]; Union for Europe of the Nations Group or UEN [Brian CROWLEY and Cristiana MUSCARDINI]
Political pressure groups and leaders NA -
Population 301,931 (July 2007 est.) 490,426,060 (July 2007 est.)
Population below poverty line NA% see individual country listings
Population growth rate 0.824% (2007 est.) 0.16% (2007 est.)
Radio broadcast stations AM 3, FM about 70 (including repeaters), shortwave 1 (1998) AM 930, FM 13,655, shortwave 71 (1998); note - sum of individual country radio broadcast stations; there is also a European-wide station (Euroradio)
Railways - total: 236,656 km


broad gauge: 28,240 km


standard gauge: 200,532 km


narrow gauge: 7,861 km


other: 23 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) Roman Catholic, Protestant, Orthodox, Muslim, Jewish
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: NA


under 15 years: 1.06 male(s)/female


15-64 years: 1.01 male(s)/female


65 years and over: 0.69 male(s)/female


total population: 0.96 male(s)/female (2007 est.)
Suffrage 18 years of age; universal 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)
note - see individual country entries of member states
Telephones - main lines in use 193,700 (2006) 238 million (2005)
Telephones - mobile cellular 328,500 (2006) 466 million (2005)
Television broadcast stations 14 (plus 156 repeaters) (1997) 2,700 (1995); note - sum of individual country television broadcast stations excluding repeaters; there is also a European-wide station (Eurovision)
Terrain mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords fairly flat along the Baltic and Atlantic coast; mountainous in the central and southern areas
Total fertility rate 1.91 children born/woman (2007 est.) 1.5 children born/woman (2007 est.)
Unemployment rate 1% (2007 est.) 8.5% (2006 est.)
Waterways - 52,332 km (2006)
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