The 2005 CIA World Factbook. United States. Central Intelligence Agency

income or consumption by percentage share:

       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