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- @node Geography (Iceland)
- @section Geography (Iceland)
-
- @display
-
- Location:
- in the North Atlantic Ocean, between Greenland and Norway
- Map references:
- Arctic Region, Europe, North America, Standard Time Zones of the World
- Area:
- total area:
- 103,000 km2
- land area:
- 100,250 km2
- comparative area:
- slightly smaller than Kentucky
- Land boundaries:
- 0 km
- Coastline:
- 4,988 km
- Maritime claims:
- continental shelf:
- 200 nm or the edge of continental margin
- exclusive economic zone:
- 200 nm
- territorial sea:
- 12 nm
- International disputes:
- Rockall continental shelf dispute involving Denmark, Ireland, and the UK
- (Ireland and the UK have signed a boundary agreement in the Rockall area)
- Climate:
- temperate; moderated by North Atlantic Current; mild, windy winters; damp,
- cool summers
- Terrain:
- mostly plateau interspersed with mountain peaks, icefields; coast deeply
- indented by bays and fiords
- Natural resources:
- fish, hydropower, geothermal power, diatomite
- Land use:
- arable land:
- 1% permanent crops:
- 0%
- meadows and pastures:
- 20%
- forest and woodland:
- 1%
- other:
- 78%
- Irrigated land:
- NA km2
- Environment:
- subject to earthquakes and volcanic activity
- Note:
- strategic location between Greenland and Europe; westernmost European
- country; more land covered by glaciers than in all of continental Europe
-
-
-
- @end display
-
- @node People (Iceland)
- @section People (Iceland)
-
- @display
-
- Population:
- 261,270 (July 1993 est.)
- note:
- population data estimates based on average growth rate may differ slightly
- from official population data because of volatile migration rates
- Population growth rate:
- 0.88% (1993 est.)
- Birth rate:
- 16.99 births/1,000 population (1993 est.)
- Death rate:
- 6.74 deaths/1,000 population (1993 est.)
- Net migration rate:
- -1.47 migrant(s)/1,000 population (1993 est.)
- Infant mortality rate:
- 4 deaths/1,000 live births (1993 est.)
- Life expectancy at birth:
- total population:
- 78.69 years
- male:
- 76.45 years
- female:
- 81.04 years (1993 est.)
- Total fertility rate:
- 2.16 children born/woman (1993 est.)
- Nationality:
- noun:
- Icelander(s)
- adjective:
- Icelandic
- Ethnic divisions:
- homogeneous mixture of descendants of Norwegians and Celts
- Religions:
- Evangelical Lutheran 96%, other Protestant and Roman Catholic 3%, none 1%
- (1988)
- Languages:
- Icelandic
- Literacy:
- age 15 and over can read and write (1976)
- total population:
- 100%
- male:
- NA%
- female:
- NA%
- Labor force:
- 127,900
- by occupation:
- commerce, transportation, and services 60.0%, manufacturing 12.5%, fishing
- and fish processing 11.8%, construction 10.8%, agriculture 4.0% (1990)
-
-
-
- @end display
-
- @node Government (Iceland)
- @section Government (Iceland)
-
- @display
-
- Names:
- conventional long form:
- Republic of Iceland
- conventional short form:
- Iceland
- local long form:
- Lyoveldio Island
- local short form:
- Island
- Digraph:
- IC
- Type:
- republic
- Capital:
- Reykjavik
- Administrative divisions:
- 23 counties (syslar, singular - sysla) and 14 independent towns*, (kaupstadhir, singular -
- kaupstadhur); Akranes*, Akureyri*, Arnessysla,, Austur-Bardhastrandarsysla, Austur-Hunavatnssysla,
- Austur-Skaftafellssysla,
- Borgarfjardharsysla, Dalasysla, Eyjafjardharsysla, Gullbringusysla,
- Hafnarfjordhur*, Husavik*, Isafjordhur*, Keflavik*, Kjosarsysla, Kopavogur*,, Myrasysla,
- Neskaupstadhur*, Nordhur-Isafjardharsysla, Nordhur-Mulasys-la,, Nordhur-Thingeyjarsysla,
- Olafsfjordhur*, Rangarvallasysla, Reykjavik*,, Saudharkrokur*, Seydhisfjordhur*, Siglufjordhur*,,
- Skagafjardharsysla,
- Snaefellsnes-og Hnappadalssysla, Strandasysla, Sudhur-Mulasysla,
- Sudhur-Thingeyjarsysla, Vesttmannaeyjar*, Vestur-Bardhastrandarsysla,, Vestur-Hunavatnssysla,
- Vestur-Isafjardharsysla, Vestur-Skaftafellssysla
- Independence:
- 17 June 1944 (from Denmark)
- Constitution:
- 16 June 1944, effective 17 June 1944
- Legal system:
- civil law system based on Danish law; does not accept compulsory ICJ
- jurisdiction
- National holiday:
- Anniversary of the Establishment of the Republic, 17 June (1944)
- Political parties and leaders:
- Independence Party (conservative), David ODDSSON; Progressive Party,
- Steingrimur HERMANNSSON; Social Democratic Party, Jon Baldvin HANNIBALSSON;
- People's Alliance (left socialist), Olafur Ragnar GRIMSSON; Women's List
- Suffrage:
- 18 years of age; universal
- Elections:
- President:
- last held on 29 June 1988 (next scheduled for June 1996); results - there
- was no election in 1992 as President Vigdis FINNBOGADOTTIR was unopposed
- Althing:
- last held on 20 April 1991 (next to be held by April 1995); results -
- Independence Party 38.6%, Progressive Party 18.9%, Social Democratic Party
- 15.5%, People's Alliance 14.4%, Womens List 8.3%, Liberals 1.2%, other 3.1%;
- seats - (63 total) Independence 26, Progressive 13, Social Democratic 10,
- People's Alliance 9, Womens List 5
- Executive branch:
- president, prime minister, Cabinet
- Legislative branch:
- unicameral Parliament (Althing)
- Judicial branch:
- Supreme Court (Haestirettur)
-
-
-
- @end display
-
- @node Government (Iceland 2. usage)
- @section Government (Iceland 2. usage)
-
- @display
-
- Leaders:
- Chief of State:
- President Vigdis FINNBOGADOTTIR (since 1 August 1980)
- Head of Government:
- Prime Minister David ODDSSON (since 30 April 1991)
- Member of:
- Australian Group, BIS, CCC, CE, CSCE, EBRD, ECE, EFTA, FAO, GATT, IAEA,
- IBRD, ICAO, ICC, ICFTU, IDA, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT,
- INTERPOL, IOC, ISO (correspondent), ITU, LORCS, MTCR, NACC, NATO, NC, NEA,
- NIB, OECD, PCA, UN, UNCTAD, UNESCO, UPU, WEU (associate), WHO, WIPO, WMO
- Diplomatic representation in US:
- chief of mission:
- (vacant)
- chancery:
- 2022 Connecticut Avenue NW, Washington DC 20008
- telephone:
- (202) 265-6653 through 6655
- FAX:
- (202) 265-6656
- consulate general:
- New York
- US diplomatic representation:
- chief of mission:
- (vacant); Charge d'Affaires Jon GUNDERSEN
- embassy:
- Laufasvegur 21, Box 40, Reykjavik
- mailing address:
- USEMB, PSC 1003, Box 40, FPO AE 09728-0340
- telephone:
- [354] (1) 29100
- FAX: [354] (1) 29139
- Flag:
- blue with a red cross outlined in white that extends 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)
-
-
-
- @end display
-
- @node Economy (Iceland)
- @section Economy (Iceland)
-
- @display
-
- Overview:
- Iceland's Scandinavian-type economy is basically capitalistic, but with an
- extensive welfare system, relatively low unemployment, and comparatively
- even distribution of income. The economy is heavily dependent on the fishing
- industry, which provides nearly 75% of export earnings and employs 12% of
- the workforce. In the absence of other natural resources - except energy -
- Iceland's economy is vulnerable to changing world fish prices. Iceland's
- economy has been in recession since 1988. The recession deepened in 1992 due
- to severe cutbacks in fishing quotas and falling world prices for the
- country's main exports: fish and fish products, aluminum, and ferrosilicon.
- Real GDP declined 3.3% in 1992 and is forecast to contract another 1.5% in
- 1993. The center-right government's economic goals 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 recession has led to a
- wave of bankruptcies and mergers throughout the economy, as well as the
- highest unemployment of the post-World War II period. The national
- unemployment rate reached 5% in early 1993, with some parts of the country
- experiencing unemployment in the 9-10% range. Inflation, previously a
- serious problem, declined from double digit rates in the 1980s to only 3.7%
- in 1992.
- National product:
- GDP - purchasing power equivalent - $4.5 billion (1992)
- National product real growth rate:
- -3.3% (1992)
- National product per capita:
- $17,400 (1992)
- Inflation rate (consumer prices):
- 3.7% (1992 est.)
- Unemployment rate:
- 5% (first quarter 1993)
- Budget:
- revenues $1.8 billion; expenditures $1.9 billion, including capital
- expenditures of $191 million (1992)
- Exports:
- $1.5 billion (f.o.b., 1992)
- commodities:
- fish and fish products, animal products, aluminum, ferrosilicon, diatomite
- partners:
- EC 68% (UK 25%, Germany 12%), US 11%, Japan 8% (1992)
- Imports:
- $1.5 billion (c.i.f., 1992)
- commodities:
- machinery and transportation equipment, petroleum products, foodstuffs,
- textiles
- partners: EC 53% (Germany 14%, Denmark 10%, UK 9%), Norway 14%, US 9% (1992)
- External debt:
- $3.9 billion (1992 est.)
- Industrial production:
- growth rate 1.75% (1991 est.)
- Electricity:
- 1,063,000 kW capacity; 5,165 million kWh produced, 19,940 kWh per capita
- (1992)
- Industries:
- fish processing, aluminum smelting, ferro-silicon production, geothermal
- power
-
-
-
- @end display
-
- @node Economy (Iceland 2. usage)
- @section Economy (Iceland 2. usage)
-
- @display
-
- Agriculture:
- accounts for about 25% of GDP; fishing is most important economic activity,
- contributing nearly 75% to export earnings; principal crops - potatoes,
- turnips; livestock - cattle, sheep; self-sufficient in crops; fish catch of
- about 1.4 million metric tons in 1989
- Economic aid:
- US commitments, including Ex-Im (FY70-81), $19.1 million
- Currency:
- 1 Icelandic krona (IKr) = 100 aurar
- Exchange rates:
- Icelandic kronur (IKr) per US$1 - 63.789 (January 1993), 57.546 (1992),
- 58.996 (1991), 58.284 (1990), 57.042 (1989), 43.014 (1988)
- Fiscal year:
- calendar year
-
-
-
- @end display
-
- @node Communications (Iceland)
- @section Communications (Iceland)
-
- @display
-
- Highways:
- 11,543 km total; 2,690 km hard surfaced, 8,853 km gravel and earth
- Ports:
- Reykjavik, Akureyri, Hafnarfjordhur, Keflavik, Seydhisfjordhur,
- Siglufjordhur, Vestmannaeyjar
- Merchant marine:
- 10 ships (1,000 GRT or over) totaling 35,832 GRT/53,037 DWT; includes 3
- cargo, 3 refrigerated cargo, 2 roll-on/roll-off cargo, 1 oil tanker, 1
- chemical tanker
- Airports:
- total:
- 90
- usable:
- 84
- with permanent-surface runways:
- 8
- with runways over 3,659 m:
- 0
- with runways 2,440-3,659 m:
- 1
- with runways 1,220-2,439 m: 12
- Telecommunications:
- adequate domestic service; coaxial and fiber-optical cables and microwave
- radio relay for trunk network; 140,000 telephones; broadcast stations - 5
- AM, 147 (transmitters and repeaters) FM, 202 (transmitters and repeaters)
- TV; 2 submarine cables; 1 Atlantic Ocean INTELSAT earth station carries all
- international traffic; a second INTELSAT earth station is scheduled to be
- operational in 1993
-
-
-
- @end display
-
- @node Defense Forces (Iceland)
- @section Defense Forces (Iceland)
-
- @display
-
- Branches:
- Police, Coast Guard
- note:
- no armed forces, Iceland's defense is provided by the US-manned Icelandic
- Defense Force (IDF) headquartered at Keflavik
- Manpower availability:
- males age 15-49 69,499; fit for military service 61,798 (1993 est.); no
- conscription or compulsory military service
- Defense expenditures:
- none
-
-
-
- @end display
-