Turks and Caicos Islands (2008) | Iceland (2008) | |
Administrative divisions | none (overseas territory of the UK) | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland |
Age structure | 0-14 years: 31.3% (male 3,466/female 3,345)
15-64 years: 64.8% (male 7,398/female 6,690) 65 years and over: 3.9% (male 394/female 453) (2007 est.) |
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.) |
Agriculture - products | corn, beans, cassava (tapioca), citrus fruits; fish | potatoes, green vegetables; mutton, dairy products; fish |
Airports | 8 (2007) | 99 (2007) |
Airports - with paved runways | total: 6
1,524 to 2,437 m: 3 914 to 1,523 m: 1 under 914 m: 2 (2007) |
total: 5
over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2007) |
Airports - with unpaved runways | total: 2
under 914 m: 2 (2007) |
total: 94
1,524 to 2,437 m: 3 914 to 1,523 m: 28 under 914 m: 63 (2007) |
Area | total: 430 sq km
land: 430 sq km water: 0 sq km |
total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
Area - comparative | 2.5 times the size of Washington, DC | slightly smaller than Kentucky |
Background | The islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands remain a British overseas territory. | 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 | 21.48 births/1,000 population (2007 est.) | 13.57 births/1,000 population (2007 est.) |
Budget | revenues: $47 million
expenditures: $33.6 million (1997-98 est.) |
revenues: $9.495 billion
expenditures: $8.432 billion (2007 est.) |
Capital | name: Grand Turk (Cockburn Town)
geographic coordinates: 21 28 N, 71 08 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October |
name: Reykjavik
geographic coordinates: 64 09 N, 21 57 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) |
Climate | tropical; marine; moderated by trade winds; sunny and relatively dry | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers |
Coastline | 389 km | 4,970 km |
Constitution | Turks and Caicos Islands Constitution Order 2006 (effective 9 August 2006) | 16 June 1944, effective 17 June 1944; amended many times |
Country name | conventional long form: none
conventional short form: Turks and Caicos Islands abbreviation: TCI |
conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydveldid Island local short form: Island |
Death rate | 4.23 deaths/1,000 population (2007 est.) | 6.77 deaths/1,000 population (2007 est.) |
Debt - external | $NA | $3.073 billion (2002) |
Dependency status | overseas territory of the UK | - |
Diplomatic representation from the US | none (overseas territory of the UK) | 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 |
Diplomatic representation in the US | none (overseas territory of the UK) | 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 |
Disputes - international | have received Haitians fleeing economic and civil disorder | Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm |
Economic aid - donor | - | $6.7 million (2004) |
Economic aid - recipient | $4.1 million (1997) | - |
Economy - overview | The Turks and Caicos economy is based on tourism, offshore financial services, and fishing. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than three-quarters of the 175,000 visitors that arrived in 2004. Major sources of government revenue also include fees from offshore financial activities and customs receipts. | 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. |
Electricity - consumption | 10.76 million kWh (2005) | 8.152 billion kWh (2005) |
Electricity - exports | 0 kWh (2005) | 0 kWh (2005) |
Electricity - imports | 0 kWh (2005) | 0 kWh (2005) |
Electricity - production | 11.57 million kWh (2005) | 8.533 billion kWh (2005) |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: Blue Hills 49 m |
lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,110 m (at Vatnajokull glacier) |
Environment - current issues | limited natural fresh water resources, private cisterns collect rainwater | 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, Whaling
signed, but not ratified: Environmental Modification, Marine Life Conservation |
Ethnic groups | black 90%, mixed, European, or North American 10% | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% |
Exchange rates | the US dollar is used | 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: Queen ELIZABETH II (since 6 February 1952); represented by Governor Richard TAUWHARE (since 11 July 2005)
head of government: Premier Michael Eugene MISICK (since 15 August 2003); note - the office of premier was created in the 2006 constitution cabinet: Cabinet consists of the governor, the premier, six ministers appointed by the governor from among the members of the House of Assembly, and the attorney general elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party is appointed premier by the governor |
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% |
Exports | 0 bbl/day (2004) | 0 bbl/day (2004) |
Exports - commodities | lobster, dried and fresh conch, conch shells | fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite |
Exports - partners | US, UK (2006) | Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006) |
Fiscal year | calendar year | calendar year |
Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the colonial shield centered on the outer half of the flag; the shield is yellow and contains a conch shell, lobster, and cactus | 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: NA%
industry: NA% services: NA% |
agriculture: 5.3%
industry: 26.3% services: 68.4% (2007 est.) |
GDP - real growth rate | 4.9% (2000 est.) | 1.8% (2007 est.) |
Geographic coordinates | 21 45 N, 71 35 W | 65 00 N, 18 00 W |
Geography - note | about 40 islands (eight inhabited) | 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 |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | transshipment point for South American narcotics destined for the US and Europe | - |
Imports | 83.55 bbl/day (2004) | 17,450 bbl/day (2004) |
Imports - commodities | food and beverages, tobacco, clothing, manufactures, construction materials | machinery and equipment, petroleum products, foodstuffs, textiles |
Imports - partners | US, UK (2006) | 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) |
Independence | none (overseas territory of the UK) | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) |
Industrial production growth rate | NA% | 9% (2007 est.) |
Industries | tourism, offshore financial services | fish processing; aluminum smelting, ferrosilicon production; geothermal power, tourism |
Infant mortality rate | total: 14.7 deaths/1,000 live births
male: 17 deaths/1,000 live births female: 12.29 deaths/1,000 live births (2007 est.) |
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.) |
Inflation rate (consumer prices) | 4% (1995) | 4.9% (2007 est.) |
International organization participation | Caricom (associate), CDB, Interpol (subbureau), UPU | 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 | NA |
Judicial branch | Supreme Court; Court of Appeal | 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 | 4,848 (1990 est.) | 180,000 (2007 est.) |
Labor force - by occupation | note: about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services | agriculture: 5.1%
industry: 23% services: 71.4% (2005) |
Land boundaries | 0 km | 0 km |
Land use | arable land: 2.33%
permanent crops: 0% other: 97.67% (2005) |
arable land: 0.07%
permanent crops: 0% other: 99.93% (2005) |
Languages | English (official) | Icelandic, English, Nordic languages, German widely spoken |
Legal system | based on laws of England and Wales, with a few adopted from Jamaica and The Bahamas | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction |
Legislative branch | unicameral House of Assembly (21 seats of which 15 are popularly elected; members serve four-year terms)
elections: last held 9 February 2007 (next to be held in 2011) election results: percent of vote by party - PNP 60%, PDM 40%; seats by party - PNP 13, PDM 2 |
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 |
Life expectancy at birth | total population: 74.95 years
male: 72.69 years female: 77.32 years (2007 est.) |
total population: 80.43 years
male: 78.33 years female: 82.62 years (2007 est.) |
Literacy | definition: age 15 and over has ever attended school
total population: 98% male: 99% female: 98% (1970 est.) |
definition: age 15 and over can read and write
total population: 99% male: 99% female: 99% (2003 est.) |
Location | Caribbean, two island groups in the North Atlantic Ocean, southeast of The Bahamas, north of Haiti | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK |
Map references | Central America and the Caribbean | Arctic Region |
Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
territorial sea: 12 nm
exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin |
Merchant marine | registered in other countries: 1 (Panama 1) (2007) | 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) |
Military - note | defense is the responsibility of the UK | 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.) |
National holiday | Constitution Day, 30 August (1976) | Independence Day, 17 June (1944) |
Nationality | noun: none
adjective: none |
noun: Icelander(s)
adjective: Icelandic |
Natural hazards | frequent hurricanes | earthquakes and volcanic activity |
Natural resources | spiny lobster, conch | fish, hydropower, geothermal power, diatomite |
Net migration rate | 9.98 migrant(s)/1,000 population (2007 est.) | 1.43 migrant(s)/1,000 population (2007 est.) |
People - note | destination and transit point for illegal Haitian immigrants bound for the Turks and Caicos Islands, The Bahamas, and the US | - |
Political parties and leaders | People's Democratic Movement or PDM [Floyd SEYMOUR]; Progressive National Party or PNP [Michael Eugene MISICK] | 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 | NA |
Population | 21,746 (July 2007 est.) | 301,931 (July 2007 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 2.722% (2007 est.) | 0.824% (2007 est.) |
Radio broadcast stations | AM 2, FM 7, shortwave 0 (2003) | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) |
Religions | Baptist 40%, Anglican 18%, Methodist 16%, Church of God 12%, other 14% (1990) | 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: 1.036 male(s)/female 15-64 years: 1.106 male(s)/female 65 years and over: 0.87 male(s)/female total population: 1.073 male(s)/female (2007 est.) |
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.) |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: fully digital system with international direct dialing
domestic: full range of services available; GSM wireless service available international: country code - 1-649; the Americas Region Caribbean Ring System (ARCOS-1) fiber optic telecommunications submarine cable provides connectivity to South and Central America, parts of the Caribbean, and US; satellite earth station - 1 Intelsat (Atlantic Ocean) |
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) |
Telephones - main lines in use | 5,700 (2002) | 193,700 (2006) |
Telephones - mobile cellular | 1,700 (1999) | 328,500 (2006) |
Television broadcast stations | 0 (broadcasts received from The Bahamas; 2 cable television networks) (2003) | 14 (plus 156 repeaters) (1997) |
Terrain | low, flat limestone; extensive marshes and mangrove swamps | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords |
Total fertility rate | 3.02 children born/woman (2007 est.) | 1.91 children born/woman (2007 est.) |
Unemployment rate | 10% (1997 est.) | 1% (2007 est.) |