Isle of Man (2002) | Iceland (2005) | |
Administrative divisions | there are no first-order administrative divisions as defined by the US Government, but there are 24 local authorities each with its own elections | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland |
Age structure | 0-14 years: 17.5% (male 6,601; female 6,324)
15-64 years: 65.3% (male 24,206; female 24,010) 65 years and over: 17.2% (male 5,097; female 7,635) (2002 est.) |
0-14 years: 22.1% (male 33,302/female 32,257)
15-64 years: 66.2% (male 99,513/female 96,886) 65 years and over: 11.7% (male 15,723/female 19,056) (2005 est.) |
Agriculture - products | cereals, vegetables; cattle, sheep, pigs, poultry | potatoes, green vegetables, mutton, dairy products, fish |
Airports | 1 (2001) | 98 (2004 est.) |
Airports - with paved runways | total: 1
1,524 to 2,437 m: 1 (2002) |
total: 5
over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2004 est.) |
Airports - with unpaved runways | - | total: 93
1,524 to 2,437 m: 3 914 to 1,523 m: 29 under 914 m: 61 (2004 est.) |
Area | total: 572 sq km
land: 572 sq km water: 0 sq km |
total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
Area - comparative | slightly more than three times the size of Washington, DC | slightly smaller than Kentucky |
Background | Part of the Norwegian Kingdom of the Hebrides until the 13th century when it was ceded to Scotland, the isle came under the British crown in 1765. Current concerns include reviving the almost extinct Manx Celtic language. | 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. |
Birth rate | 11.49 births/1,000 population (2002 est.) | 13.73 births/1,000 population (2005 est.) |
Budget | revenues: $485 million
expenditures: $463 million, including capital expenditures of $NA (FY00/01 est. ) |
revenues: $4.154 billion
expenditures: $4.058 billion, including capital expenditures of $467 million (2004 est.) |
Capital | Douglas | Reykjavik |
Climate | temperate; cool summers and mild winters; overcast about one-third of the time | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers |
Coastline | 160 km | 4,988 km |
Constitution | unwritten; note - The Isle of Man Constitution Act, 1961, does not embody the Manx Constitution | 16 June 1944, effective 17 June 1944; amended many times |
Country name | conventional long form: none
conventional short form: Isle of Man |
conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island |
Currency | British pound (GBP); note - there is also a Manx pound | - |
Death rate | 11.68 deaths/1,000 population (2002 est.) | 6.68 deaths/1,000 population (2005 est.) |
Debt - external | $NA | $3.073 billion (2002) |
Dependency status | British crown dependency | - |
Diplomatic representation from the US | none (British crown dependency) | chief of mission: Ambassador James I. GADSDEN
embassy: Laufasvegur 21, 101 Reykjavik mailing address: US Embassy, PSC 1003, Box 40, FPO AE 09728-0340 telephone: [354] 562-9100 FAX: [354] 562-9118 |
Diplomatic representation in the US | none (British crown dependency) | chief of mission: Ambassador Helgi AGUSTSSON
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 | none | Iceland disputes Denmark's alignment of the Faroe Islands' fisheries median line; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm |
Economic aid - donor | - | $NA |
Economic aid - recipient | $NA | - |
Economy - overview | Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets. | 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 70% of export earnings and employs 8% 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. Government policies include reducing the budget and current account deficits, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, diversifying the economy, and privatizing state-owned industries. 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. Growth had been remarkably steady in 1996-2001 at 3%-5%, but could not be sustained in 2002 in an environment of global recession. Growth resumed in 2003, and estimates call for strong growth until 2007, slowly dropping until the end of the decade. |
Electricity - consumption | - | 7.692 billion kWh (2002) |
Electricity - exports | - | 0 kWh (2002) |
Electricity - imports | - | 0 kWh (2002) |
Electricity - production | - | 8.271 billion kWh (2002) |
Elevation extremes | lowest point: Irish Sea 0 m
highest point: Snaefell 621 m |
lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier) |
Environment - current issues | waste disposal (both household and industrial); transboundary air pollution | water pollution from fertilizer runoff; inadequate wastewater treatment |
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
signed, but not ratified: Environmental Modification, Marine Life Conservation |
Ethnic groups | Manx (Norse-Celtic descent), Briton | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% |
Exchange rates | Manx pounds per US dollar - 0.6764 (January 2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997); the Manx pound is at par with the British pound | Icelandic kronur per US dollar - 70.192 (2004), 76.709 (2003), 91.662 (2002), 97.425 (2001), 78.616 (2000) |
Executive branch | chief of state: Lord of Mann Queen ELIZABETH II (since 6 February 1952), represented by Lieutenant Governor Ian MACFADYEN (since NA 2002)
head of government: Chief Minister Richard CORKILL (since 6 December 2001) cabinet: Council of Ministers elections: the monarch is hereditary; lieutenant governor appointed by the monarch for a five-year term; the Chief Minister is elected by the Tynwald; election last held 6 December 2001 (next to be held NA December 2006) election results: Richard CORKILL elected chief minister by the Tynwald |
chief of state: President Olafur Ragnar GRIMSSON (since 1 August 1996)
head of government: Prime Minister Halldor ASGRIMSSON (since 15 September 2004); note - Former Prime Minister David ODDSSON switched positions with former Foreign Minister Halldor ASGRIMMSON cabinet: Cabinet appointed by the prime minister and approved by parliament elections: president, which is largely a ceremonial post, elected by popular vote for a four-year term; election last held 26 June 2004 (next to be held 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 wins with 85.6% of the vote, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9% |
Exports | $NA | 0 bbl/day (2001) |
Exports - commodities | tweeds, herring, processed shellfish, beef, lamb | fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite |
Exports - partners | UK | UK 19.1%, Germany 17.2%, Netherlands 11.5%, US 9.8%, Spain 6.8%, Denmark 4.6% (2004) |
Fiscal year | 1 April - 31 March | calendar year |
Flag description | red with the Three Legs of Man emblem (Trinacria), in the center; the three legs are joined at the thigh and bent at the knee; in order to have the toes pointing clockwise on both sides of the flag, a two-sided emblem is used | 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 | purchasing power parity - $1.4 billion (1999 est.) | - |
GDP - composition by sector | agriculture: 1%
industry: 13% services: 86% (2000 est.) |
agriculture: 11.2%
industry: 9.6% services: 79.2% (2004 est.) |
GDP - per capita | purchasing power parity - $18,800 (1999 est.) | purchasing power parity - $31,900 (2004 est.) |
GDP - real growth rate | 13.5% (1999 est.) | 1.8% (2004 est.) |
Geographic coordinates | 54 15 N, 4 30 W | 65 00 N, 18 00 W |
Geography - note | one small islet, the Calf of Man, lies to the southwest, and is a bird sanctuary | 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: 800 km
paved: 800 km unpaved: 0 km (1999) |
total: 13,004 km
paved/oiled gravel: 4,331 km unpaved: 8,673 km (2004) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Imports | $NA | 15,470 bbl/day (2001) |
Imports - commodities | timber, fertilizers, fish | machinery and equipment, petroleum products; foodstuffs, textiles |
Imports - partners | UK | Germany 12.3%, US 9.9%, Norway 9.7%, Denmark 7.9%, UK 7.2%, Sweden 6.7%, Netherlands 6% (2004) |
Independence | none (British crown dependency) | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) |
Industrial production growth rate | 3.2% (FY96/97 ) | 8.8% (2004 est.) |
Industries | financial services, light manufacturing, tourism | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism |
Infant mortality rate | 6.3 deaths/1,000 live births (2002 est.) | total: 3.31 deaths/1,000 live births
male: 3.45 deaths/1,000 live births female: 3.16 deaths/1,000 live births (2005 est.) |
Inflation rate (consumer prices) | 2.5% (2000 est.) | 4% (2004 est.) |
International organization participation | none | Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, MIGA, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTO |
Internet Service Providers (ISPs) | NA | - |
Irrigated land | 0 sq km (1998 est.) | NA sq km |
Judicial branch | High Court of Justice (justices are appointed by the Lord Chancellor of England on the nomination of the lieutenant governor) | 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 | 36,610 (1998) | 158,100 (2004 est.) |
Labor force - by occupation | agriculture, forestry and fishing 3%, manufacturing 11%, construction 10%, transport and communication 8%, wholesale and retail distribution 11%, professional and scientific services 18%, public administration 6%, banking and finance 18%, tourism 2%, entertainment and catering 3%, miscellaneous services 10% | agriculture, fishing and fish processing 10.3%, industry 18.3%, services 71.4% (2003) |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0%
permanent crops: 0% other: 100% (permanent pastures, forests, mountain, and heathland) (1998 est.) |
arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
Languages | English, Manx Gaelic | Icelandic, English, Nordic languages, German widely spoken |
Legal system | English common law and Manx statute | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction |
Legislative branch | bicameral Tynwald consists of the Legislative Council (an 11-member body composed of the President of Tynwald, the Lord Bishop of Sodor and Man, a nonvoting attorney general, and 8 others named by the House of Keys) and the House of Keys (24 seats; members are elected by popular vote to serve five-year terms)
elections: House of Keys - last held 22 November 2001 (next to be held NA November 2006) election results: House of Keys - percent of vote by party - Man Labor Party 17.3%, Alliance for Progressive Government 14.6%; seats by party - Man Labor Party 2, Alliance for Progressive Government 3, independents 19 |
unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms)
elections: last held 10 May 2003 (next to be held by May 2007) election results: percent of vote by party - Independence Party 33.7%, Social Democratic Alliance 31.0%, Progressive Party 17.7%, Left-Green Alliance 8.8%, Liberal Party 7.4%; seats by party - Independence Party 22, Social Democratic Alliance 20, Progressive Party 12, Left-Green Alliance 5, Liberal Party 4 |
Life expectancy at birth | total population: 77.81 years
male: 74.44 years female: 81.36 years (2002 est.) |
total population: 80.19 years
male: 78.13 years female: 82.34 years (2005 est.) |
Literacy | definition: NA
total population: NA% male: NA% female: NA% |
definition: age 15 and over can read and write
total population: 99.9% (1997 est.) male: NA% female: NA% |
Location | Western Europe, island in the Irish Sea, between Great Britain and Ireland | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK |
Map references | Europe | Arctic Region |
Maritime claims | exclusive fishing zone: 12 NM
territorial sea: 12 NM |
territorial sea: 12 nm
exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin |
Merchant marine | total: 212 ships (1,000 GRT or over) totaling 5,540,100 GRT/9,130,508 DWT
ships by type: bulk 29, cargo 34, chemical tanker 22, combination bulk 2, container 29, liquefied gas 24, petroleum tanker 46, roll on/roll off 20, specialized tanker 1, vehicle carrier 5 note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 45, France 1, Germany 48, Greece 6, Hong Kong 10, Iceland 1, Italy 8, Monaco 7, Netherlands 3, Norway 5, Sweden 4, Switzerland 2, United Kingdom 70, United States 1 (2002 est.) |
total: 3 ships (1,000 GRT or over) 4,341 GRT/6,019 DWT
by type: cargo 2, passenger/cargo 1 registered in other countries: 30 (2005) |
Military - note | defense is the responsibility of the UK | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik |
Military branches | - | no regular armed forces; Icelandic National Police, Icelandic Coast Guard (Islenska Landhelgisgaeslan) |
Military expenditures - dollar figure | - | 0 |
National holiday | Tynwald Day, 5 July | Independence Day, 17 June (1944) |
Nationality | noun: Manxman (men), Manxwoman (women)
adjective: Manx |
noun: Icelander(s)
adjective: Icelandic |
Natural hazards | NA | earthquakes and volcanic activity |
Natural resources | none | fish, hydropower, geothermal power, diatomite |
Net migration rate | 5.41 migrant(s)/1,000 population (2002 est.) | 2.06 migrant(s)/1,000 population (2005 est.) |
Political parties and leaders | Man Labor Party [leader NA]; Alliance for Progressive Government [leader NA]; Man Nationalist Party [leader NA]
note: most members sit as independents |
Independence Party or IP [David ODDSSON]; Left-Green Alliance or LGP [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Halldor ASGRIMSSON]; Social Democratic Alliance (includes People's Alliance or PA, Social Democratic Party or SDP, Women's List) or SDA [Ingibjorg Solrun GISLADOTTIR] |
Political pressure groups and leaders | none | NA |
Population | 73,873 (July 2002 est.) | 296,737 (July 2005 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.52% (2002 est.) | 0.91% (2005 est.) |
Ports and harbors | Castletown, Douglas, Peel, Ramsey | Grundartangi, Hafnarfjordur, Hornafjordhur, Reykjavik, Seydhisfjordhur |
Radio broadcast stations | AM 1, FM 1, shortwave 0 (1998) | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) |
Radios | NA | - |
Railways | total: 68.5 km (43.5 km electrified) (2001) | - |
Religions | Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of Friends | 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: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.67 male(s)/female total population: 0.95 male(s)/female (2002 est.) |
at birth: 1.04 male(s)/female
under 15 years: 1.03 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.82 male(s)/female total population: 1 male(s)/female (2005 est.) |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: NA
domestic: landline, telefax, mobile cellular telephone system international: fiber-optic cable, microwave radio relay, satellite earth station, submarine cable |
general assessment: extensive domestic service
domestic: the trunk network consists of coaxial and fiber-optic cables and microwave radio relay links international: country code - 354; 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) |
Telephones - main lines in use | 51,000 (1999) | 190,700 (2003) |
Telephones - mobile cellular | NA | 279,100 (2003) |
Television broadcast stations | 0 (receives broadcasts from the UK and satellite) (1999) | 14 (plus 156 low-power repeaters) (1997) |
Terrain | hills in north and south bisected by central valley | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords |
Total fertility rate | 1.65 children born/woman (2002 est.) | 1.92 children born/woman (2005 est.) |
Unemployment rate | 0.7% (February 2002 ) | 3.1% (2004 est.) |
Waterways | none | - |