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Basic Facts about Iceland
Iceland – Fact Sheet
| Official name | Republic of Iceland |
| Capital | Reykjavik |
| Area | 103,000 Sq Km (a little larger than West Bengal and Sikkim together) |
| Population | 3,48,450 |
| Age profile (2018 est.) | 0-14 years: 67,407 15-24 years: 47,646 25-54 years: 1,43,531 55 years and over: 89,866 Total: 3,48,450 |
| Life expectancy (2016 est.) | Average: 82.5 years; Male: 81 years Female; 84 years |
| Languages | Icelandic (A Nordic Language). However, English is widely spoken. |
| Ethnic groups (2018 est.) | Icelandic 93%, Polish 3.14%, Lithuania 0.51%, China 0.07%, India 0.03% |
| Religions | Evangelical Lutheran (77%) & Catholic (18%) Church of Iceland |
| Currency | Icelandic Krona (ISK) |
| GDP | US $ 23 Billion (2017) |
| GDP per capita | US $ 60.498 Billion (2016) |
| GDP Growth Rate | 3.6 % (2018) |
| Unemployment | 3% (2016) |
| Forest cover | 23,805 sq. km. (Vegetation) |
| CO2 emissions per capita | 11.82 metric tons (2016) |
| Tourist arrivals | 17,92,200 (2017) |
| Internet penetration | 100% |
| Mobile phones | 86.7 % (2016) |
| Urbanization | 94.23 % (2016) |
| World Exports from Iceland | US $ 4453 Million (2016) |
| World Imports into Iceland | US $ 5700 Million (2016) |
| Main trade partners (2017) | European Economic Area (EEA), USA |
| Political structure | Constitutional Republic with Multi-Party System |
| Major political parties | Independence Party, Left-Green Movement, Progressive Party, Social Democratic Alliance, Centre Party, Pirate Party, People's Party, Reform Party |
| Head of State (President) | Mr. Guðni Th. Jóhannesson, Hon'ble President of Iceland |
| Head of Government (PM) | Ms. Katrín Jakobsdóttir, Hon'ble Prime Minister of Iceland |
| Bilateral Trade with Iceland | US $ 21.40 Million (2017) |
| Indian Exports to Iceland | US $ 16.72 Million (2017) |
| Indian Imports from Iceland | US $ 4.68 Million (2017) |
| Iceland's main products of Export to India in 2017 | Fish products, Aluminum, animal products, ferrosilicon, medicine. |
| Iceland's main products of Import from India in 2017 | Fruit, Rubber, Carpets, Aluminum, Organic Chemicals, Apparels & Accessories, Textile, Yarn, etc. Cereals and Cereal production, Plastic Products, Leather Articles. |
| Indian investments in Iceland | ------------------ |
| Iceland investments in India | Medicine, Geothermal, Software |
| Indian Community | 333 (approx.) persons of Indian origin, including PIO/OCI card holders. |
Geography
Location : European island in the North Atlantic (3 hours’ flight from London, 5 ½ hours from New York).
Capital : Reykjavik (population 222,590 approx.)
Total area : 103,000 km² (39,756 square.miles);
vegetation: 23.1%, lakes: 2.7%, glaciers: 11.6%, wasteland: 62.6%.
Sea area within fishing limits: 758,000 km². Coastline : 4,970 km.
People
Population :348,580 (2017)
Ethnic groups: Homogenous mixture of descendants of the original Nordic and Celtic settlers.
Religion: State Lutheran Church 84%.
Government
Type : Republic since 17 June 1944. Independent since 1 December 1918.
President: Mr. Gudni Th Jóhannesson (since 1 August 2016 )
Prime Minister: Ms. Katrín Jakobsdóttir (since 30 Nov. 2017 ). The cabinet is responsible to the legislature (Althingi).
Economy
Currency : Icelandic króna (ISK) (Rate of exchange – See Central Bank exchange rates).
GDP:US$ 20.05 Billion (2016)
GDP per capita: US$ 60.498 Billion (2016)
Labour Force: 197,700 (November 2017)
Unemployment rate: 1.7% (November 2017)
Employment by industry (approx):Agriculture: 3.9%. Industry: 17.76%. Services: 78.34%.
