Iceland

Republic of IcelandLydveldid Island

parliamentary republic

Iceland as the 2017 edition of the CIA World Factbook published it: 158 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalReykjavik, UTC
Position65 00 N, 18 00 W
Area103,000 sq km
LocationNorthern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the United Kingdom
Populationas each edition published it
339,747 people July 2017 est. · 257,023 in 1990
Population growth% a year
1.13% 2017 est. · 0.88% in 1993
Median ageyears
36.5 years 2017 est. · 34 yrs in 2003
Life expectancyyears at birth
83.1 years 2017 est. · 78.69 yrs in 1993
Fertility ratechildren per woman
2 children per woman 2017 est. · 2.2 in 1990
Infant mortalitydeaths per 1,000 live births
2.1 deaths per 1,000 live births 2017 est. · 7 in 1990
GDP per capitaeach edition's own dollars
$49,200 2016 est. · $17,400 in 1993
GDP real growth% a year
7.2% 2016 est. · -3.3% in 1993

Introduction

1 field

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 Althingi, 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. Denmark granted limited home rule in 1874 and complete independence in 1944.

The second half of the 20th century saw substantial economic growth driven primarily by the fishing industry. The economy diversified greatly after the country joined the European Economic Area in 1994, but Iceland was especially hard hit by the global financial crisis in the years following 2008. The economy is now on an upward trajectory, fueled primarily by a tourism and construction boom. Literacy, longevity, and social cohesion are first rate by world standards.

Geography

Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the United Kingdom

19 fields
Area
103,000sq km
land: 100,250 sq kmwater: 2,750 sq kmcountry comparison to the world: 109slightly smaller than Pennsylvania; about the same size as Kentucky
Coastline
4,970km
land boundaries: 0 kmterritorial sea: 12 nmexclusive economic zone: 200 nmcontinental shelf: 200 nm or to the edge of the continental margin
Highest point
2,110m
Hvannadalshnukur · (at Vatnajokull Glacier)mean elevation: 557 melevation extremes: lowest point: Atlantic Ocean 0 m

Location

Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the United Kingdom

Geographic coordinates

65 00 N, 18 00 W

Map references

Arctic Region

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

agricultural land:
18.7%;
  • arable land 1.2%;
  • permanent crops 0%;
  • permanent pasture 17.5%
forest:
0.3%
other:
81% (2011 est.)

Population - distribution

  • Iceland is almost entirely urban with half of the population located in and around the capital of Reykjavik;
  • smaller clusters are primarily found along the coast in the north and west

Natural hazards

earthquakes and volcanic activity

volcanism:
  • Iceland, situated on top of a hotspot, experiences severe volcanic activity;
  • Eyjafjallajokull (1,666 m) erupted in 2010, sending ash high into the atmosphere and seriously disrupting European air traffic;
  • scientists continue to monitor nearby Katla (1,512 m), which has a high probability of eruption in the very near future, potentially disrupting air traffic;
  • Grimsvoetn and Hekla are Iceland's most active volcanoes;
  • other historically active volcanoes include
    • Askja,
    • Bardarbunga,
    • Brennisteinsfjoll,
    • Esjufjoll,
    • Hengill,
    • Krafla,
    • Krisuvik,
    • Kverkfjoll,
    • Oraefajokull,
    • Reykjanes,
    • Torfajokull,
    • and Vestmannaeyjar

Environment - current issues

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

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

People and Society

33 fields

Age structuremale left, female right · (2017 est.)

22,936
65 and over14.42%
26,053
20,119
55-6411.81%
20,007
68,579
25-5439.88%
66,899
23,190
15-2413.5%
22,659
35,418
0-1420.4%
33,887
MaleFemaleDependency ratios: total dependency ratio: 51.6 · youth dependency ratio: 30.8 · elderly dependency ratio: 20.8 · potential support ratio: 4.8 (2015 est.)
Population
339,747
(July 2017 est.)country comparison to the world: 178growth rate: 1.13% (2017 est.)country comparison to the world: 106

Per 1,000 population(2017 est.)

Birth
13.7Death
6.4Net migration
4

Male · female

TotalMale · femaleLife expectancy years (2017 est.)83.1
80.9 · 85.4Infant mortality deaths/1,000 live births (2017 est.)2.1
2.2 · 1.9Median age years (2017 est.)36.5
35.9 · 37.1
TotalMale · femaleSchool life expectancy years (2013)20
18 · 21Youth unemployment ages 15-24 (2016 est.)6.5%
6.7% · 6.4%
MaleFemaleLife expectancy country comparison to the world: 6 · Infant mortality country comparison to the world: 223 · Median age country comparison to the world: 70 · Youth unemployment ages 15-24 country comparison to the world: 85

Religions(2017 est.)

Evangelical Lutheran Church of Iceland (official) 69.9%Roman Catholic 3.8%Reykjavik Free Church 2.9%Hafnarfjorour Free Church 2%Asatru Association 1.1%The Independent Congregation 1%other religions 4% (includes Zuist and Pentecostal)none 6.1%other or unspecified 9.2% (2017 est.)
Urban population
94.3%of total population
(2017)rate of urbanization: 1.1% annual rate of change (2015-20 est.)Major urban areas - population: REYKJAVIK (capital) 184,000 (2014)
Improved drinking water
100%of population
urban: 100% of populationrural: 100% of populationurban: 0% of populationrural: 0% of populationtotal: 0% of population (2015 est.)
Improved sanitation
98.8%of population
urban: 98.7% of populationrural: 100% of populationurban: 1.3% of populationrural: 0% of populationtotal: 1.2% of population (2015 est.)
Maternal mortality rate
3deaths/100,000 live births
(2015 est.)country comparison to the world: 183Mother's mean age at first birth: 27.4 years (2015 est.)

Nationality

noun:
Icelander(s)
adjective:
Icelandic

Ethnic groups

homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6%

Languages

Icelandic, English, Nordic languages, German widely spoken

Population distribution

  • Iceland is almost entirely urban with half of the population located in and around the capital of Reykjavik;
  • smaller clusters are primarily found along the coast in the north and west

Sex ratio

at birth:
1.05 male(s)/female
0-14 years:
1.05 male(s)/female
15-24 years:
1.03 male(s)/female
25-54 years:
1.02 male(s)/female
55-64 years:
1.01 male(s)/female
65 years and over:
0.88 male(s)/female
total population:
1.01 male(s)/female (2016 est.)

Total fertility rate

2 children born/woman (2017 est.) country comparison to the world: 120

Health expenditures

8.9% of GDP (2014) country comparison to the world: 43

Physicians density

3.79 physicians/1,000 population (2015)

Hospital bed density

3.18 beds/1,000 population (2014)

Obesity - adult prevalence rate

21.9% (2016) country comparison to the world: 83

Education expenditures

7.8% of GDP (2013) country comparison to the world: 14

Government

Parliamentary republic; President Gudni Thorlacius JOHANNESSON (since 1 August 2016); Acting Prime Minister Bjarni BENEDIKTSSON (since 11 January 2017)

21 fields

Presidential electionpercent of vote

39.1%
Gudni Thorlacius JOHANNESSON (IP) 39.1%Halla TOMASDOTTIR (independent) 27.9%Andri Snaer MAGNASON (independent) 14.3%David ODDSSON (IP) 13.7%Sturla JONSSON (Sturla Jonsson) 3.5%invalid 1.5%election last held on 25 June 2016 (next to be held in June 2020)

Althingi or Parliament, 63 seats, elected 29 October 2016one dot, one seat

IP 21LGM 10PIP 10PP 8Reform 7BF 4SDA 3

Percent of vote

IP 29.0%LGM 15.9%PIP 14.5%PP 11.5%Reform 10.5%BF 7.2%SDA 5.7%PP 3.5%other 2.2%

Country name

conventional long form:
Republic of Iceland
conventional short form:
Iceland
local long form:
Lydveldid Island
local short form:
Island
etymology:
  • Floki VILGERDARSON, an early explorer of the island (9th century), applied the name "Land of Ice" after spotting a fjord full of drift ice to the north and spending a bitter winter on the island;
  • he eventually settled on the island, however, after he saw how it greened up in the summer and that it was, in fact, habitable

Government type

parliamentary republic

Capital

name:
Reykjavik
geographic coordinates:
64 09 N, 21 57 W
time difference:
UTC 0 (5 hours ahead of Washington, DC, during Standard Time)

Administrative divisions

8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland

Independence

  • 1 December 1918 (became a sovereign state under the Danish Crown);
  • 17 June 1944 (from Denmark; birthday of Jon SIGURDSSON, leader of Iceland's 19th Century independence movement)

National holiday

Independence Day, 17 June (1944)

Constitution

history:
several previous; latest ratified 16 June 1944, effective 17 June 1944 (at independence)
amendments:
  • proposed by the Althingi;
  • passage requires approval by the Althingi and by the next elected Althingi, and confirmation by the president of the republic;
  • proposed amendments to Article 62 of the constitution – that the Evangelical Lutheran Church shall be the state church of Iceland – also require passage by referendum;
  • amended many times, last in 2013 (2016)

International law organization participation

has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction

Citizenship

citizenship by birth:
no
citizenship by descent only:
at least one parent must be a citizen of Iceland
dual citizenship recognized:
yes
residency requirement for naturalization:
3 to 7 years

Suffrage

18 years of age; universal

Executive branch

chief of state:
President Gudni Thorlacius JOHANNESSON (since 1 August 2016)
head of government:
Acting Prime Minister Bjarni BENEDIKTSSON (since 11 January 2017); Prime Minister BENEDIKTSSON resigned on 16 September 2017
cabinet:
Cabinet appointed by the prime minister
elections/appointments:
  • president directly elected by simple majority popular vote for a 4-year term (no term limits);
  • election last held on 25 June 2016 (next to be held in June 2020);
  • following legislative elections, the leader of the majority party or majority coalition becomes prime minister
election results:
  • Gudni Thorlacius JOHANNESSON elected president;
  • percent of vote - Gudni Thorlacius JOHANNESSON (IP) 39.1%, Halla TOMASDOTTIR (independent) 27.9%, Andri Snaer MAGNASON (independent) 14.3%, David ODDSSON (IP) 13.7%, Sturla JONSSON (Sturla Jonsson) 3.5%, invalid 1.5%

Legislative branch

description:
unicameral Althingi or Parliament (63 seats; members directly elected in multi-seat constituencies by proportional representation vote to serve 4-year terms)
elections:
last held on 29 October 2016 (next to be held on 28 October 2017); note - an early election is being held because the governing coalition collapsed
election results:
  • percent of vote by party - IP 29.0%, LGM 15.9%, PIP 14.5%, PP 11.5%, Reform 10.5%, BF 7.2%, SDA 5.7%, PP 3.5%;
  • other 2.2%;
  • seats by party - IP 21, LGM 10, PIP 10, PP 8, Reform 7, BF 4, SDA 3

Judicial branch

highest court(s):
Supreme Court or Haestirettur (consists of 9 judges)
judge selection and term of office:
judges proposed by Ministry of Interior selection committee and appointed by the president; judges appointed for an indefinite period
subordinate courts:
8 district courts; Labor Court

Political parties and leaders

  • Bright Future (Bjort framtid) or BF [Ottarr PROPPE]
  • Independence Party (Sjalfstaedisflokkurinn) or IP [Bjarni BENEDIKTSSON]
  • Left-Green Movement (Vinstrihreyfingin-graent frambod) or LGM [Katrin JAKOBSDOTTIR]
  • Pirate Party (Piratar) or PIP [Birgitta JONSDOTTIR]
  • Progressive Party (Framsoknarflokkurinn) or PP [Sigurdur Ingi JOHANNSSON]
  • Reform (Vidreisn) or R [Benedict JOHANNSSON]
  • Social Democratic Alliance (Samfylkingin) or SDA [Logi Mar EINARSSON]
  • Sturla Jonsson (formerly Move Forward Party [Sturla JONSSON, chairman]

International organization participation

Arctic Council, Australia Group, BIS, CBSS, CD, CE, EAPC, EBRD, EFTA, FAO, FATF, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NATO, NC, NEA, NIB, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UPU, WCO, WHO, WIPO, WMO, WTO

Diplomatic representation in the US

chief of mission:
Ambassador Geir Hilmar HAARDE (since 23 February 2015)
chancery:
House of Sweden, 2900 K Street NW
telephone:
[1] (202) 265-6653
FAX:
[1] (202) 265-6656
consulate(s) general:
New York

Diplomatic representation from the US

chief of mission:
Ambassador (vacant); Charge d'Affaires Jill ESPOSITO (since 20 January 2017)
embassy:
Laufasvegur 21, 101 Reykjavik
mailing address:
US Department of State, 5640 Reykjavik Place, Washington, D.C. 20521-5640
telephone:
[354] 595-22-00
FAX:
[354] 562-9118

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);
  • the colors represent three of the elements that make up the island: red is for the island's volcanic fires, white recalls the snow and ice fields of the island, and blue is for the surrounding ocean

National symbol(s)

gyrfalcon; national colors: blue, white, red

National anthem

name:
"Lofsongur" (Song of Praise)
lyrics/music:
Matthias JOCHUMSSON/Sveinbjorn SVEINBJORNSSON

note: adopted 1944; also known as "O, Gud vors lands" (O, God of Our Land), the anthem was originally written and performed in 1874

Economy

Iceland's economy combines a capitalist structure and free-market principles with an extensive welfare system.

41 fields
GDP, purchasing power parity
$16.52billion
(2016 est.) · $15.21 billion (2015 est.) · $14.46 billion (2014 est.)note: data are in 2016 dollarscountry comparison to the world: 151official exchange rate: $20.05 billion (2016 est.)
GDP per capita, PPP
$49,200
(2016 est.) · $46,300 (2015 est.) · $45,000 (2014 est.)note: data are in 2016 dollarscountry comparison to the world: 28
Real growth rate
7.2%
(2016 est.) · 4.1% (2015 est.) · 1.9% (2014 est.)country comparison to the world: 7industrial production growth: 2% (2016 est.)country comparison to the world: 110
Inflation, consumer prices
1.7%
(2016 est.) · 1.6% (2015 est.)country comparison to the world: 114

GDP - composition, by sector of origin(2016 est.)

agriculture 5.8%industry 20.2%services 74% (2016 est.)

Trading partnersexports left, imports right

25.4%
Netherlands
7.5%
11.3%
UK
5.8%
10.5%
Spain
7%
Germany
10.1%
7.8%
US
10%
4.2%
Norway
9.1%
China
7.4%
6.7%
France
Denmark
6.1%
Exports $4.483 billion (2016 est.)Imports $5.315 billion (2016 est.)(2016)

By end use% of GDP

Household consumption
49%Government consumption
23.1%Fixed capital
21.2%Inventories
0.1%Exports
49.1%Imports
-42.5% (2016 est.)

Budget

Revenues
$11.71 billionExpenditures
$8.264 billion (2016 est.)

Economy - overview

Iceland's economy combines a capitalist structure and free-market principles with an extensive welfare system. Except for a brief period during the 2008 crisis, Iceland has achieved high growth, low unemployment, and a remarkably even distribution of income. The economy depends heavily on the fishing industry, which provides 40% of merchandise export earnings, more than 12% of GDP, and employs nearly 5% of the work force.

It 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. Since 2010, tourism has become the main pillar of Icelandic economic growth, with the number of tourists reaching 4.5 times the Icelandic population in 2016.

Iceland's economy has been diversifying into manufacturing and service industries in the last decade, particularly within the fields of tourism, software production, and biotechnology. In fall 2013, the Icelandic Government approved a joint application by Icelandic, Chinese, and Norwegian energy firms to conduct oil exploration off Iceland’s northeast coast, although no exploration has yet taken place.

Abundant geothermal and hydropower sources have attracted substantial foreign investment in the aluminum sector, boosted economic growth, and sparked some interest from high-tech firms looking to establish data centers using cheap green energy, although the financial crisis has put several investment projects on hold.

Following the privatization of the banking sector in the early 2000s, domestic banks expanded aggressively in foreign markets, and consumers and businesses borrowed heavily in foreign currencies. Worsening global financial conditions throughout 2008 resulted in a sharp depreciation of the krona vis-a-vis other major currencies.

The foreign exposure of Icelandic banks, whose loans and other assets totaled more than 10 times the country's GDP, became unsustainable. Iceland's three largest banks collapsed in late 2008. The country secured over $10 billion in loans from the IMF and other countries to stabilize its currency and financial sector, and to back government guarantees for foreign deposits in Icelandic banks.

GDP fell 6.8% in 2009, and unemployment peaked at 9.4% in February 2009. Three new banks were established to take over the domestic assets of the collapsed banks. Two of them have majority ownership by the state, which intends to re-privatize them.

Since the collapse of Iceland's financial sector, government economic priorities have included stabilizing the krona, implementing capital controls, reducing Iceland's high budget deficit, containing inflation, addressing high household debt, restructuring the financial sector, and diversifying the economy.

Capital controls were finally lifted in March 2017, but some financial protections (e.g., reserve requirements for specified investments connected to new inflows of foreign currency) remain in place. Iceland’s financial woes prompted an initial increase in public support to join the EU and the euro zone, with accession negotiations beginning in July 2010, but negotiations were suspended under the center-right government that took power in 2013.

The current ruling coalition does not intend to restart accession talks, but has signaled that it would allow a vote on the question of EU membership, if a bill came before parliament near the end of the current parliamentary term. Most macroeconomic indicators and employment have rebounded to pre-crisis levels, driven primarily by the unprecedented growth in tourism – averaging over 20% annually – following the well-publicized volcanic eruption in 2010.

Gross national saving

29.3% of GDP (2016 est.) · 24.5% of GDP (2015 est.) · 21.3% of GDP (2014 est.) country comparison to the world: 26

Agriculture - products

  • potatoes, carrots, green vegetables, tomatoes, cucumbers;
  • mutton, chicken, pork, beef, dairy products;
  • fish

Industries

  • tourism, fish processing;
  • aluminum smelting;;
  • geothermal power, hydropower;
  • medical/pharmaceutical products

Labor force

196,500 (2016 est.) country comparison to the world: 173

Labor force - by occupation

agriculture:
4.8%
industry:
22.2%
services:
73% (2008)

Unemployment rate

3% (2016 est.) · 4% (2015 est.) country comparison to the world: 29

Population below poverty line

NA% note: 332,100 families (2011 est.)

Distribution of family income - Gini index

28 (2006) · 25 (2005) country comparison to the world: 135

Taxes and other revenues

58.4% of GDP (2016 est.) country comparison to the world: 9

Budget surplus (+) or deficit (-)

17.2% of GDP (2016 est.) country comparison to the world: 2

Public debt

54.5% of GDP (2016 est.) · 68.1% of GDP (2015 est.) country comparison to the world: 88

Fiscal year

calendar year

Central bank discount rate

5.4% (31 January 2012) · 5.75% (31 December 2010) country comparison to the world: 77

Commercial bank prime lending rate

8.24% (31 December 2016 est.) · 7.61% (31 December 2015 est.) country comparison to the world: 103

Stock of narrow money

$4.251 billion (31 December 2016 est.) · $3.314 billion (31 December 2015 est.) country comparison to the world: 108

Stock of broad money

$8.693 billion (31 December 2015 est.) · $7.471 billion (31 December 2015 est.) country comparison to the world: 107

Stock of domestic credit

$21.18 billion (31 December 2016 est.) · $18.43 billion (31 December 2015 est.) country comparison to the world: 86

Market value of publicly traded shares

$2.825 billion (31 December 2012 est.) · $2.021 billion (31 December 2011 est.) · $1.996 billion (31 December 2010 est.) country comparison to the world: 96

Current account balance

$1.589 billion (2016 est.) · $918 million (2015 est.) country comparison to the world: 37

Exports

$4.483 billion (2016 est.) · $4.655 billion (2015 est.) country comparison to the world: 108

Exports - commodities

fish and fish products (42%), aluminum (38%), agricultural products, medicinal and medical products, ferro-silicon (2015)

Imports

$5.315 billion (2016 est.) · $4.926 billion (2015 est.) country comparison to the world: 120

Imports - commodities

machinery and equipment, petroleum products, foodstuffs, textiles

Reserves of foreign exchange and gold

$7.226 billion (31 December 2016 est.) · $5.041 billion (31 December 2015 est.) country comparison to the world: 81

Debt - external

$25.02 billion (31 December 2016 est.) · $30.25 billion (31 December 2015 est.) country comparison to the world: 85

Stock of direct foreign investment - at home

$13.89 billion (31 December 2016 est.) · $16.26 billion (31 December 2015 est.) country comparison to the world: 90

Stock of direct foreign investment - abroad

$17.64 billion (31 December 2016 est.) · $16.47 billion (31 December 2015 est.) country comparison to the world: 54

Exchange rates

Icelandic kronur (ISK) per US dollar - 129.3 (2016 est.) · 131.92 (2015 est.) · 131.92 (2014 est.) · 116.77 (2013 est.) · 125.08 (2012 est.)

Energy

24 fields

Electrification% of population · (2016)

100%Total

Installed generating capacity, 2.772 million kW(2015 est.)

Fossil fuels 4.2% of total installed capacity (2015 est.)Hydroelectric plants 71.7% of total installed capacity (2015 est.)Other renewable sources 24.1% of total installed capacity (2015 est.)Nuclear fuels 0%
Electricity production
18.56 billion (2015 est.)Electricity consumption
17.98 billion (2015 est.)Refined petroleum imports
19,530 (2016 est.)Refined petroleum consumption
19,800 (2016 est.)Refined petroleum exports
2,845 (2016 est.)

Crude oil - production

0 bbl/day (2016 est.) country comparison to the world: 150

Crude oil - exports

0 bbl/day (2016 est.) country comparison to the world: 139

Crude oil - imports

0 bbl/day (2016 est.) country comparison to the world: 142

Crude oil - proved reserves

0 bbl (1 January 2017 es) country comparison to the world: 149

Refined petroleum products - production

0 bbl/day (2016 est.) country comparison to the world: 158

Natural gas - production

0 cu m (2014 est.) country comparison to the world: 150

Natural gas - consumption

0 cu m (2014 est.) country comparison to the world: 194

Natural gas - exports

0 cu m (2014 est.) country comparison to the world: 122

Natural gas - imports

0 cu m (2014 est.) country comparison to the world: 139

Natural gas - proved reserves

0 cu m (1 January 2014 es) country comparison to the world: 153

Carbon dioxide emissions from consumption of energy

3.3 million Mt (2013 est.) country comparison to the world: 141

Communications

6 fields

Per 100 inhabitants(July 2016 est.)

120Mobile cellular
98.2%Internet users, % of population
49Fixed lines
Mobile cellular
401,613
(July 2016 est.)
Internet users
329,967
(July 2016 est.)
Fixed lines
164,566
(July 2016 est.) · country code .is

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) (2015)

Broadcast media

  • state-owned public TV broadcaster operates 1 TV channel nationally;
  • several privately owned TV stations broadcast nationally and roughly another half-dozen operate locally;
  • about one-half the households utilize multi-channel cable or satellite TV services;
  • state-owned public radio broadcaster operates 2 national networks and 4 regional stations;
  • 2 privately owned radio stations operate nationally and another 15 provide more limited coverage (2007)

Transportation

8 fields

Airports by runway lengthpaved left, unpaved right

1
over 3,047 m
3
1,524 to 2,437 m
3
3
914 to 1,523 m
26
under 914 m
60
Paved 7Unpaved 89

National air transport system

number of registered air carriers:
5; inventory of registered aircraft operated by air carriers: 43
annual passenger traffic on registered air carriers:
3,413,950
annual freight traffic on registered air carriers:
102,356,809 mt-km (2015)

Airports

96 (2013) country comparison to the world: 60

Roadways

total:
12,890 km
paved/oiled gravel:
4,782 km (excludes urban roads)
unpaved:
8,108 km (2012)

country comparison to the world: 127

Merchant marine

total:
2
by type:
passenger/cargo 2
registered in other countries:
19 (Antigua and Barbuda 10, Belize 1, Faroe Islands 4, Finland 1, Gibraltar 1, Norway 2) (2010)

country comparison to the world: 142

Ports and terminals

major seaport(s): Grundartangi, Hafnarfjordur, Reykjavik

Military and Security

No regular military forces; Icelandic National Police; Icelandic Coast Guard (2016)

3 fields
Military expenditures
0.1%of GDP
(2016) · 0.13% of GDP (2012) · 0.14% of GDP (2011) · 0.13% of GDP (2010)country comparison to the world: 131

Military branches

  • no regular military forces;
  • Icelandic National Police;
  • Icelandic Coast Guard (2016)

Military - note

  • Iceland is the only NATO member that has no standing military force;
  • all US military forces in Iceland were withdrawn as of October 2006;
  • defense of Iceland remains a NATO commitment and NATO maintains an air policing presence in Icelandic airspace;
  • Iceland participates in international peacekeeping missions with the civilian-manned Icelandic Crisis Response Unit (ICRU)

Transnational Issues

2 fields

Disputes - international

  • Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm;
  • the European Free Trade Association Surveillance Authority filed a suit against Iceland, claiming the country violated the Agreement on the European Economic Area in failing to pay minimum compensation to Icesave depositors

Refugees and internally displaced persons

stateless persons: 131 (2016)

Cite this entry

Central Intelligence Agency. “Iceland.” The World Factbook 2017. Archived by The Factbook, thefactbook.org/iceland/2017.