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Country Trade Credit Offsets
MHI Wins Order from Iceland For Five Geothermal Power Generation Plants, 225 MW in Total
Mitsubishi Heavy Industries
more
Iceland
Capital:
Reykjavik
Location:
Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the United Kingdom
Country Code:
IS
Commodity
Area:
Approx. 103,000 sq km
Coastline:
Approx. 5000 km
Climate:
temperate;moderated by North Atlantic Current;mild, windy winters;damp, cool summers
Land Resources (terrain):
mostly plateau interspersed with mountain peaks, icefields;coast deeply indented by bays and fiords
Natural Resource:
fish
Natural Resource:
hydropower
Natural Resource:
geothermal power
Natural Resource:
diatomite
Total Renewable Water Resources:
Approx. 170 cu km
Natural Hazards:
earthquakes
Natural Hazards:
volcanic
Environmental Issues:
water pollution
Environmental Issues:
inadequate wastewater treatment
Electricity (Production):
Approx. 17 Billion kWh
Electricity (Consumption):
Approx. 16.5 Billion kWh
Electricity (Exports):
0 kWh
Electricity (Imports):
0 kwh
Oil (Production):
0 bbl/day
Oil (Consumption):
Approx. 20,000 bbl/day
Oil (Exports):
Approx. 3,000 bbl/day
Oil (Imports):
Approx. 17,500 bbl/day
Natural Gas (Production):
0 cu m
Natural Gas (Consumption):
0 cu m
Custom & Culture
Population:
Approx. 306,000
Nationality:
Icelander
Ethnic Groups:
homogeneous
Ethnic Groups:
foreign origin
Unofficial Language:
Icelandic
Unofficial Language:
English
Unofficial Language:
Nordic Languages
Unofficial Language:
Germany
Type Of Government:
Constitutional Republic
Knowledge
Literacy:
Approx. 99% Age 15+ Can Read and Write
Agricultural Products:
potatoes
Agricultural Products:
green vegetables
Agricultural Products:
mutton
Agricultural Products:
chicken
Agricultural Products:
pork
Agricultural Products:
beef
Agricultural Products:
dairy products
Agricultural Products:
fish
Industrial Products:
fish processing
Industrial Products:
aluminum smelting
Industrial Products:
ferrosilicon production
Industrial Products:
geothermal power
Industrial Products:
hydropower tourism
Money
National Budget (Revenue):
Approx. $4 Billion
National Budget (Expenditures):
Approx. $5 Billion
National Debt:
Approx. $3 Billion
Stock of Money:
Approx. $5 Billion
GDP:
Approx. $12 Billion
Inflation Rate:
Approx. 12%
Commercial Bank Prime Lending Rate:
N/A
Export Value:
Approx. $4.2 Billion
Export Product:
fish
Export Product:
fish products
Export Product:
aluminum
Export Product:
animal products
Export Product:
ferrosilicon
Export Product:
diatomite
Export Partner:
Netherlands
Export Partner:
United Kingdom
Export Partner:
Germany
Export Partner:
United States
Export Partner:
Japan
Export Partner:
Norway
Import Value:
Approx. $2.8 Billion
Import Product:
machinery
Import Product:
equipment
Import Product:
petroleum
Import Product:
foodstuffs
Import Product:
textiles
Import Partner:
Norway
Import Partner:
Germany
Import Partner:
Sweden
Import Partner:
United States
Import Partner:
Denmark
Import Partner:
China
Import Partner:
Netherlands
Import Partner:
United Kingdom
Import Partner:
Japan
Technology
Communication:
Telephone
Communication:
Radio
Communication:
Television
Communication:
Internet .is
Airports:
99
Roadways:
Approx. 13,000 km
Ports:
Grundartangi, Hafnarfjordur, Reykjavik
Well-being
Infant Mortality:
Approx. 3 Deaths per 1000 Births
Life Expectancy:
Approx. 81 Years
Size Of Labor Pool:
Approx. 181,000
Occupation:
agriculture: 5%
Occupation:
industry: 22%
Occupation:
services: 73%
Unemployment:
Approx. 8%
Population Below Poverty Line:
N/A
Submitted by administrator on Fri, 2010-09-17 13:10