Iceland

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PropertyTypeValueUnitRankEmpirical methodDateComparison
Birth ratePopulation property13.36Per 1000 Inhabitants154Estimation2010Birth rate
Death ratePopulation property6.90Per 1000 Inhabitants139Estimation2010Death rate
Infant Mortality RateHealth property3.21Per 1000 Live Births217Estimation2010Infant Mortality Rate
Life Expectancy at BirthPopulation property80.79Years14Estimation2010Life Expectancy at Birth
Net Migration RatePopulation property0.54Per 1000 Inhabitants59Estimation2010Net Migration Rate
Population growth ratePopulation property0.70Percent142Estimation2010Population growth rate
Total Fertility RatePopulation property1.90Born per Woman142Estimation2010Total Fertility Rate
Electricity productionEconomic property16840Gigawatt hour74EstimationElectricity production
Natural gas consumptionEconomic property01 Mil. Cubic metre173EstimationNatural gas consumption
Natural gas productionEconomic property01 Mil. Cubic metre177EstimationNatural gas production
GDP growth rateEconomic property-6.60Percent198EstimationGDP growth rate
GDP - per capita (PPP)Economic property39600Dollar20EstimationGDP - per capita (PPP)
GDPEconomic property12150Million dollar142EstimationGDP
Industrial production growth rateEconomic property-10.00Percent144EstimationIndustrial production growth rate
Inflation rateEconomic property12.00Percent202EstimationInflation rate
Oil consumptionEconomic property19.881000 Barrel per day127EstimationOil consumption
Oil productionEconomic property01000 Barrel per day187EstimationOil production
Unemployment rateEconomic property8.20Percent92EstimationUnemployment rate
AreaGeo property103000Square kilometer107Area
HIV/AIDS - Adult Prevalence RateHealth property0.20Percent101HIV/AIDS - Adult Prevalence Rate
HIV/AIDS - deathsHealth property100144HIV/AIDS - deaths
People living with HIV/AIDSHealth property220155People living with HIV/AIDS
Population sizePopulation property308910178Population size
Organisation / GroupAimstatus
Organization of American Statesto promote regional peace and security as well as economic and social developmentobserver
Arctic Councilto address the common concerns and challenges faced by Arctic governments and the people of the Arctic;to protect the Arctic environment
Australia Groupto consult on and coordinate export controls related to chemical and biological weapons
Bank for International Settlementsto promote cooperation among central banks in international financial settlements
Council of the Baltic Sea Statesto promote cooperation among the Baltic Sea states in the areas of aid to new democratic institutions, economic development, humanitarian aid, energy and the environment, cultural programs and education, and transportation and communication
Council of Europeto promote increased unity and quality of life in Europe
Euro-Atlantic Partnership Councilto discuss cooperation on mutual political and security issues
European Bank for Reconstruction and Developmentto facilitate the transition of seven centrally planned economies in Europe (Bulgaria, former Czechoslovakia, Hungary, Poland, Romania, former USSR, and former Yugoslavia) to market economies by committing 60% of its loans to privatization
European Free Trade Associationto promote expansion of free trade
Food and Agriculture Organizationto raise living standards and increase availability of agricultural products;a UN specialized agency
Financial Action Task Forceto develop and promote policies to combat money laundering and terrorist financing
International Atomic Energy Agencyto promote peaceful uses of atomic energy
International Bank for Reconstruction and Developmentto provide economic development loans;a UN specialized agency
International Civil Aviation Organizationto promote international cooperation in civil aviation;a UN specialized agency
International Chamber of Commerceto promote free trade and private enterprise and to represent business interests at national and international levels
International Criminal Courtto hold all individuals and countries accountable to international laws of conduct; to specify international standards of conduct;to provide an important mechanism for implementing these standards;to ensure that perpetrators are brought to justice
International Red Cross and Red Crescent Movementto promote worldwide humanitarian aid through the International Committee of the Red Cross (ICRC) in wartime, and International Federation of Red Cross and Red Crescent Societies (IFRCS;formerly League of Red Cross and Red Crescent Societies or LORCS) in peacetime
International Development Associationto provide economic loans for low-income countries;UN specialized agency and IBRD affiliate
International Fund for Agricultural Developmentto promote agricultural development;a UN specialized agency
International Finance Corporationto support private enterprise in international economic development;a UN specialized agency and IBRD affiliate
International Federation of Red Cross and Red Crescent Societiesto organize, coordinate, and direct international relief actions;to promote humanitarian activities;to represent and encourage the development of National Societies;to bring help to victims of armed conflicts, refugees, and displaced people;to reduce the vulnerability of people through development programs
International Hydrographic Organizationto train hydrographic surveyors and nautical cartographers to achieve standardization in nautical charts and electronic chart displays;to provide advice on nautical cartography and hydrography;to develop the sciences in the field of hydrography and techniques used for descriptive oceanography
International Labor Organizationto deal with world labor issues;a UN specialized agency
International Monetary Fundto promote world monetary stability and economic development;a UN specialized agency
International Maritime Organizationto deal with international maritime affairs;a UN specialized agency
International Mobile Satellite Organizationacts as watchdog over Inmarsat (International Maritime Satellite Organization), a private company, to make sure it follows ICAO standards and recommended practices;plays an active role in the development of international telecommunications policies
International Criminal Police Organizationto promote international cooperation among police authorities in fighting crime
International Olympic Committeeto promote the Olympic ideals and administer the Olympic games: 2012 Summer Olympics in London, UK;2014 Winter Olympics in Sochi, Russia
Inter-Parliamentary Unionfosters contacts among parliamentarians, considers and expresses views of international interest and concern with the purpose of bringing about action by parliaments and parliamentarians, contributes to the defense and promotion of human rights, contributes to better knowledge of representative institutions
International Organization for Standardizationto promote the development of international standards with a view to facilitating international exchange of goods and services and to developing cooperation in the sphere of intellectual, scientific, technological and economic activity
International Telecommunications Satellites Organizationto act as a watchdog over Intelsat, Ltd., a private company, to make sure it provides on a global and non-discriminatory basis public telecommunication services
International Telecommunication Unionto deal with world telecommunications issues;a UN specialized agency
International Trade Union Confederationto promote the trade union movement
Multilateral Investment Guarantee Agencyencourages flow of foreign direct investment among member countries by offering investment insurance, consultation, and negotiation on conditions for foreign investment and technical assistance;a UN specialized agency
North Atlantic Treaty Organizationto promote mutual defense and cooperation
Nordic Councilto promote regional economic, cultural, and environmental cooperation
Nuclear Energy Agencyto promote the peaceful uses of nuclear energy;associated with OECD
Nordic Investment Bankto promote economic cooperation and development
Nuclear Suppliers Groupto establish guidelines for exports of nuclear materials, processing equipment for uranium enrichment, and technical information to countries of proliferation concern and regions of conflict and instability
Organization for Economic Cooperation and Developmentto promote economic cooperation and development
Organization for the Prohibition of Chemical Weaponsto enforce the Convention on the Prohibition of the Development, Production, Stockpiling, and Use of Chemical Weapons and on Their Destruction;to provide a forum for consultation and cooperation among the signatories of the Convention
Organization for Security and Cooperation in Europeto foster the implementation of human rights, fundamental freedoms, democracy, and the rule of law;to act as an instrument of early warning, conflict prevention, and crisis management;and to serve as a framework for conventional arms control and confidence building measures
Permanent Court of Arbitrationto facilitate the settlement of international disputes
Schengen Conventionto allow free movement within an area without internal border controls
United Nationsto maintain international peace and security and to promote cooperation involving economic, social, cultural, and humanitarian problems
United Nations Conference on Trade and Developmentto promote international trade
United Nations Educational, Scientific, and Cultural Organizationto promote cooperation in education, science, and culture
Universal Postal Unionto promote international postal cooperation;a UN specialized agency
World Customs Organizationto promote international cooperation in customs matters
World Federation of Trade Unionsto promote the trade union movement
World Health Organizationto deal with health matters worldwide;a UN specialized agency
World Intellectual Property Organizationto furnish protection for literary, artistic, and scientific works;a UN specialized agency
World Meteorological Organizationto sponsor meteorological cooperation;a UN specialized agency
World Trade Organizationto provide a forum to resolve trade conflicts between members and to carry on negotiations with the goal of further lowering and/or eliminating tariffs and other trade barriers

Names

Description

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. 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. Literacy, longevity, and social cohesion are first rate by world standards.

Government type

constitutional republic

Religions

Lutheran Church of Iceland 80.7%, Roman Catholic Church 2.5%, Reykjavik Free Church 2.4%, Hafnarfjorour Free Church 1.6%, other religions 3.6%, unaffiliated 3%, other or unspecified 6.2% (2006 est.)

Natural Resources

fish, hydropower, geothermal power, diatomite

Export commodities

fish and fish products 40%, aluminum, animal products, ferrosilicon, diatomite