lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
4% (2004 est.)
Investment (gross fixed):
23.8% of GDP (2004 est.)
Budget:
revenues: $4.154 billion
expenditures: $4.058 billion, including capital expenditures of $467
million (2004 est.)
Public debt:
35.9% of GDP (2004 est.)
Agriculture - products:
potatoes, green vegetables, mutton, dairy products, fish
Industries:
fish processing; aluminum smelting, ferrosilicon production,
geothermal power; tourism
Industrial production growth rate:
8.8% (2004 est.)
Electricity - production:
8.271 billion kWh (2002)
Electricity - production by source: fossil fuel: 0.1% hydro: 82.5% nuclear: 0% other: 17.5% (geothermal) (2001)
Electricity - consumption:
7.692 billion kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
16,300 bbl/day (2001 est.)
Oil - exports:
0 bbl/day (2001)
Oil - imports:
15,470 bbl/day (2001)
Current account balance:
$-570 million (2004 est.)
Exports:
$2.902 billion f.o.b. (2004 est.)
Exports - commodities:
fish and fish products 70%, aluminum, animal products,
ferrosilicon, diatomite
Exports - partners:
UK 19.1%, Germany 17.2%, Netherlands 11.5%, US 9.8%, Spain 6.8%,
Denmark 4.6% (2004)
Imports:
$3.307 billion (2004 est.)
Imports - commodities:
machinery and equipment, petroleum products; foodstuffs, textiles
Imports - partners:
Germany 12.3%, US 9.9%, Norway 9.7%, Denmark 7.9%, UK 7.2%, Sweden
6.7%, Netherlands 6% (2004)
Reserves of foreign exchange and gold:
$935 million (2004)
Debt - external:
$3.073 billion (2002)
Economic aid - donor:
$NA
Currency (code):
Icelandic krona (ISK)
Currency code:
ISK
Exchange rates:
Icelandic kronur per US dollar - 70.192 (2004), 76.709 (2003),
91.662 (2002), 97.425 (2001), 78.616 (2000)
Fiscal year:
calendar year
Communications Iceland
Telephones - main lines in use:
190,700 (2003)
Telephones - mobile cellular:
279,100 (2003)
Telephone system:
general assessment: extensive domestic service
domestic: the trunk network consists of coaxial and fiber-optic
cables and microwave radio relay links
international: country code - 354; 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)
Radio broadcast stations:
AM 3, FM about 70 (including repeaters), shortwave 1 (1998)
Radios:
260,000 (1997)
Television broadcast stations:
14 (plus 156 low-power repeaters) (1997)
Televisions:
98,000 (1997)
Internet country code:
.is
Internet hosts:
122,175 (2004)
Internet Service Providers (ISPs):
20 (2001)
Internet users:
195,000 (2003)
Transportation Iceland
Highways:
total: 13,004 km
paved/oiled gravel: 4,331 km
unpaved: 8,673 km (2004)
Ports and harbors:
Grundartangi, Hafnarfjordur, Hornafjordhur, Reykjavik,
Seydhisfjordhur
Merchant marine:
total: 3 ships (1,000 GRT or over) 4,341 GRT/6,019 DWT
by type: cargo 2, passenger/cargo 1
registered in other countries: 30 (2005)
Airports:
98 (2004 est.)
Airports - with paved runways:
total: 5
over 3,047 m: 1
1,524 to 2,437 m: 3
914 to 1,523 m: 1 (2004 est.)
Airports - with unpaved runways:
total: 93
1,524 to 2,437 m: 3
914 to 1,523 m: 29
under 914 m: 61 (2004 est.)
Military Iceland
Military branches:
no regular armed forces; Icelandic National Police, Icelandic Coast
Guard (Islenska Landhelgisgaeslan)
Manpower available for military service:
males age 18–49: 69,038 (2005 est.)
Manpower fit for military service:
males age 18–49: 56,777 (2005 est.)
Military expenditures - dollar figure:
0
Military - note:
defense is provided by the US-manned Icelandic Defense Force (IDF)
headquartered at Keflavik
Transnational Issues Iceland
Disputes - international:
Iceland disputes