Iceland

People

• Population 313,376 (January 1, 2008)
• Capital Reykjavík, population 117,721 (December 1, 2007)
• Language Icelandic; belongs to the Nordic group of Germanic languages
• Main religion Evangelical Lutheran (80.7%)
• Life expectancy Females: 83 years, Males: 79 years

Governmental system

• Government Constitutional republic
• Suffrage Universal, over 18 years of age; proportional representation
• Legislature Althingi with 63 members Election term Four years, last election May 12, 2007

Economy

• Monetary unit Króna (plural: krónur); currency code: ISK Gross domestic product EUR14.6 billion (1,279.4 billion krónur, USD 19.9 billion) in 2007
• International trade Exports of goods and services 35% and imports of goods and services 46% of GDP in 2007
• Per capita GDP EUR 33.7 thousand in2007 (4.1 million krónur, USD 37.9 thousand in terms of PPP)

Land

• Geographic size 103,000 km2 (39,768 sq.miles)
• Highest point 2,110 m (6,923 ft)
• Exclusive economic zone 200 nautical miles (758,000 km2 / 292,680 sq.miles)
• Climate cool temperate oceanic; highly changeable, influenced by the warm Gulf Stream and Arctic currents

Economy of Iceland,Central Bank of Iceland