Iceland

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ISO: IC / null none

📊 Quick Facts

Capital
Reykjavik
Population (2024)
364,036
Total Area
103,000 km²
GDP (PPP)
$26.56 billion
Government Type
unitary parliamentary republic
Independence
1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark; birthday of Jon SIGURDSSON, leader of Iceland's 19th-century independence movement)

🌍 Geography

Location: Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the United Kingdom

Area & Boundaries

Total Area 103,000 km²
Land Area 100,250 km²
Water Area 2,750 km²
World Rank by Area #null
Land Boundaries N/A km
Coastline 4,970 km

Terrain & Climate

Terrain: mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords

Climate: temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers

Elevation

Highest Point : N/Am
Lowest Point : nullm
Mean Elevation 557m

Natural Resources

fish, hydropower, geothermal power, diatomite

👥 Demographics

Population Overview

Total Population (2024) 364,036
World Rank #null
Growth Rate 0.85%
Urbanization null%

Age & Life Expectancy

Median Age 38 years
Life Expectancy null years
Birth Rate 12.6 per 1,000
Death Rate 6.6 per 1,000

Major Urban Areas

Languages

Education

Literacy Rate: null% (Male: null%, Female: null%)

💼 Economy

<p>high-income North Atlantic island economy; not an EU member but market integration via European Economic Area (EEA); dominant tourism, fishing, and aluminum industries vulnerable to demand swings and disruption from volcanic activity; inflation remains above target rate; barriers to foreign business access and economic diversification</p>

GDP & Economic Indicators

GDP (PPP) $26.56 billion
GDP (Official Rate) $33.46 billion
GDP per Capita (PPP) $65,600
World GDP Rank #null
GDP Growth Rate 0.5%
Unemployment Rate null%
Inflation Rate 5.9%
Public Debt (% of GDP) null%

GDP Composition by Sector

Agriculture 4%
Industry 19.4%
Services 65.5%

Major Industries

tourism, fish processing; aluminum smelting; geothermal power, hydropower; medical/pharmaceutical products

Trade

Exports N/A
Imports N/A
Foreign Exchange Reserves N/A
Currency (null)

🏛️ Government

Government Type unitary parliamentary republic
Suffrage 18 years of age; universal

Executive Branch

Chief of State:

Head of Government:

Legislative Branch

National Holiday

Independence Day, 17 June (1944)

📈 Social Indicators

Physicians 4.37 per 1,000
Hospital Beds 2.8 per 1,000
Health Expenditure 8.6% of GDP
Education Expenditure 7.3% of GDP

🎨 Cultural Heritage

UNESCO World Heritage Sites 3

Notable Sites

Data Sources: CIA World Factbook, World Bank, United Nations, IMF, OECD
Reference Year: 2024
Last Updated: 2026-01-11