Consulate General of Iceland - New York, USA

800 Third Avenue, 36th floor, New York NY 10022, - Tel.: +1 (212) 593 2700


Tungumál


Facts on Iceland

Facts on Iceland

General Facts

Land area
103,000 square kilometres; 40,000 square miles

Population
290,490 (Dec. 2003).

Education
Mandatory from 6 to 15 years of age
Schools for compulsory education: 192
Schools above compulsory education: 39
Universities and Colleges: 8

International Organizations
Iceland is a member of numerous international organizations, including the
United Nations and its agencies, the European Economic Area, NATO,
the Council of Europe, OECD, EFTA, WTO and the Nordic Council.

Transportation
Daily flights, most of them operated by Icelandair, link Iceland with more than 20 gateways in Europe and North America. Flight time is 2-4 hours to Western Europe and 5-8 hours to North America. Domestic services operate to Iceland's main regional communities, with flight time of less than one hour. A number of carriers offer air cargo services to and from Iceland. Shipping of cargo is easy with regular liner sailings to and from major ports in Europe and the USA. Shipping takes 3-4 days to Europe and 7-8 days to North America.

Economic Facts

Economic information 2000 2001 2002 2003
Population 283,361 286,250 288,201 290,490
Population growth (%) 1.5 1.0 0.68 0.79
GDP, billion US$ 8,462 7,676 8,410 8,828

GDP per capita US$,
current exchange rate

30,099 26,972 29,316 30,528
GDP growth
(% change from prev.year)
5.55 3.6 0 1.5
Inflation, (% change in CPI) 5.0 6.7 5.0 2.7
Unemployment 2.3 2.3 3.3 3.8
       
GDP by sectors, %         
Agriculture 1.6 1.6 1.5  -
Fisheries and fish processing 11.5 11.3 12.1 -
Manufacturing,
construction and utilities
18.6 20.0 20.8 -
Private services 46.0 44.5 43.0 -
Public services 22.3 22.7 22.6 -
         
Export by categories, %        
Marine products 64 62 63 -
Manufacturing products 30 32 33 -
Agricultural products 2 2 2 -
Other 4 4 3 -
          
Export by countries, %        
North America 12.2 10.3 10.8 -
EEA 65.2 62.9 60.6 -
Other 15.9 16.3 14 -
          
Import by countries, %        
North America 10.0 11.1 11.1 -
EEA 65.2 62.9 60.6 -
Other 23.8 26 28.3 -


Source: Invest in Iceland Agency - www.invest.is

 

 


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