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Compare Isle of Man (2003) - Iceland (2004)

Compare Isle of Man (2003) z Iceland (2004)

 Isle of Man (2003)Iceland (2004)
 Isle of ManIceland
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 6,637; female 6,337)


15-64 years: 65.4% (male 24,373; female 24,165)


65 years and over: 17.1% (male 5,102; female 7,647) (2003 est.)
0-14 years: 22.5% (male 33,522; female 32,489)


15-64 years: 65.8% (male 98,091; female 95,450)


65 years and over: 11.7% (male 15,552; female 18,862) (2004 est.)
Agriculture - products cereals, vegetables; cattle, sheep, pigs, poultry potatoes, green vegetables, mutton, dairy products, fish
Airports 1 (2002) 100 (2003 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 11.38 births/1,000 population (2003 est.) 13.83 births/1,000 population (2004 est.)
Budget revenues: $485 million


expenditures: $463 million, including capital expenditures of $NA (FY00/01 est.)
revenues: $4.205 billion


expenditures: $4.405 billion, including capital expenditures of $467 million (2003)
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
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 Icelandic krona (ISK)
Death rate 11.49 deaths/1,000 population (2003 est.) 6.57 deaths/1,000 population (2004 est.)
Debt - external $NA $2.6 billion (1999)
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 Rockall continental shelf dispute involving Denmark, Iceland, and the UK (Ireland and the UK have signed a boundary agreement in the Rockall area) remains dormant; dispute with Denmark over the Faroe Islands' fisheries median line boundary within 200 nm; disputes with Denmark, the UK, and Ireland over the Faroe Islands continental shelf boundary outside 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 12% 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 inflation dropped back from 5% to 2%.
Electricity - consumption - 7.341 billion kWh (2001)
Electricity - exports - 0 kWh (2001)
Electricity - imports - 0 kWh (2001)
Electricity - production - 7.894 billion kWh (2001)
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, 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: Air Pollution-Persistent Organic Pollutants, 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 - 0.6661 (2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998); the Manx pound is at par with the British pound Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999)
Executive branch chief of state: Lord of Mann Queen ELIZABETH II (since 6 February 1952), represented by Lieutenant Governor Ian MACFADYEN (since 26 October 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); prime minister appointed by the president


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%, animal products, aluminum, diatomite, ferrosilicon
Exports - partners UK (2000 est.) Germany 17.4%, UK 17.4%, Netherlands 11.2%, US 9.8%, Spain 6.3%, Denmark 5%, Norway 4.5%, France 4% (2003)
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 - $1.6 billion (2001 est.) purchasing power parity - $8.678 billion (2003 est.)
GDP - composition by sector agriculture: 1%


industry: 13%


services: 86% (2000 est.)
agriculture: 9.2% (includes fishing 12%)


industry: 26.7%


services: 64.2% (2003 est.)
GDP - per capita purchasing power parity - $21,000 (2001 est.) purchasing power parity - $30,900 (2003 est.)
GDP - real growth rate 13.5% 2.6% (2003 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: 12,955 km


paved/oiled gravel: 3,863 km


unpaved: 9,092 km (2003)
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 (2000) Germany 11.8%, Denmark 8%, US 7.5%, UK 7.5%, Norway 7%, Sweden 6.5%, Netherlands 6.2%, Italy 4.7% (2003)
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% (FY 96/97) 8.1% (2003 est.)
Industries financial services, light manufacturing, tourism fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism
Infant mortality rate total: 6.17 deaths/1,000 live births


male: 7.24 deaths/1,000 live births


female: 5.05 deaths/1,000 live births (2003 est.)
total: 3.31 deaths/1,000 live births


male: 3.44 deaths/1,000 live births


female: 3.17 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 3.6% (March 2003 est.) 2.1% (2003 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) 160,000 (2003)
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 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999)
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: 77.98 years


male: 74.62 years


female: 81.53 years (2003 est.)
total population: 80.18 years


male: 78.18 years


female: 82.27 years (2004 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: 211 ships (1,000 GRT or over) 5,297,301 GRT/8,703,079 DWT


ships by type: bulk 26, cargo 32, chemical tanker 20, combination bulk 2, container 22, liquefied gas 38, petroleum tanker 49, roll on/roll off 16, 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, UK 70, US 1 (2002 est.)
total: 1 ships (1,000 GRT or over) 4,341 GRT/6,019 DWT


by type: petroleum tanker 1


registered in other countries: 26 (2004 est.)
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; Police, Coast Guard
Military expenditures - dollar figure - 0
Military manpower - availability - males age 15-49: 75,568 (2004 est.)
Military manpower - fit for military service - males age 15-49: 66,503 (2004 est.)
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 5.39 migrant(s)/1,000 population (2003 est.) 2.38 migrant(s)/1,000 population (2004 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 [Ossur SKARPHEDINSSON]
Political pressure groups and leaders none NA
Population 74,261 (July 2003 est.) 293,966 (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 0.53% (2003 est.) 0.97% (2004 est.)
Ports and harbors Castletown, Douglas, Peel, Ramsey Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar
Radio broadcast stations AM 1, FM 1, shortwave 0 (1998) AM 3, FM about 70 (including repeaters), shortwave 1 (1998)
Railways total: 60 km (35 km electrified) (2002) -
Religions Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of Friends Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002)
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.05 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 (2003 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: 0.83 male(s)/female


total population: 1 male(s)/female (2004 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 (2003 est.) 1.93 children born/woman (2004 est.)
Unemployment rate 0.7% (March 2003) 3.4% (2003 est.)
Waterways none -
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