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Iceland Travel Guide:

           Facts on Iceland

Flag of Iceland
History   Geography    People    Economy    Communications    Transportation
 

Map of Iceland's largest cities

Map of Iceland and its major cities

History   Top of Page
  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.  
Geography   Top of Page
Location Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK  
Geographic Coordinates 65 00 N, 18 00 W  
Area Total: 103,000 sq km
Land: 100,250 sq km
Water: 2,750 sq km
 
Area - Comparative Slightly smaller than Kentucky  
Land Boundaries 0 km  
Coastline 4,988 km  
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  
Elevation Extremes Lowest point: Atlantic Ocean 0 m
Highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier)
 
Natural Resources Fish, hydropower, geothermal power, diatomite  
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  
Natural hazards Earthquakes and volcanic activity  
People   Top of Page
Population 299,388 (July 2006 est.)  
Age Structure 0-14 years: 21.7% (male 33,021/female 32,021)
15-64 years: 66.5% (male 100,944/female 98,239)
65 years and over: 11.7% (male 15,876/female 19,287) (2006 est.)
 
Nationality Noun: Icelander(s)
Adjective: Icelandic
 
Ethnic Groups Homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6%  
Religions 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)  
Language Icelandic, English, Nordic languages, German widely spoken  
Literacy definition: age 15 and over can read and write
total population: 99%
male: 99%
female: 99% (2003 est.)
 
Government   Top of Page
Country Name Conventional long form: Republic of Iceland
Conventional short form: Iceland
Local short form: Island
Local long form: Lydhveldidh Island
 
Government Type Constitutional republic  
Capital Reykjavik  
Administrative Divisions 23 counties (syslur, 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
note: there may be four other counties
 
Independence Independence Day, 17 June (1944)  
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)  
Economy   Top of Page
Overview 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 4% 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 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. 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.  
Currency Icelandic krona  
Currency Code ISK  
Communications   Top of Page
Telephone System General assessment: extensive domestic service  
Internet Country Code .is  
Transportation   Top of Page
Railways 0 km  
Roadways total: 13,028 km
paved/oiled gravel: 4,241 km (does not include urban roads)
unpaved: 8,787 km (2005) 
 
Waterways None  
Ports and Harbors Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar  
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