Iceland

Official Name:	The Republic of Iceland
Sovereign Status:	Sovereign Country
Government Type:	Parliamentary Republic
Official Name (Local Language):	Lydveldid Island
ISO Country Codes:	IS : ISL
Internet Domain:	.is
Government Web Site:	https://www.government.is/

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UN Location Codes

IATA Airports

Capital:	Reykjavik	Main Airports:	Keflavík International Airport
Language(s):	Icelandic	Population:	357,603
Currency:	Iceland Krona	ISO Currency Code:	ISK
Telephone Dial In:	+354	ID Prefix:	00

Source: Central Intelligence Agency Factbook

Country Summaries:

BBC; CIA Factbook; Country Code; Infoplease; International Model United Nations Association; Law Library of Congress; NationMaster; NationsOnline; UNESCO;

Political & Cultural Organisations:

Arctic Council; Australia Group; Community of Democracies; Council of Europe; Council of The Baltic Sea States; Euro Atlantic Partnership Council; Inter Parliamentary Union; NATO; Nordic Council; Organization for Security and Cooperation In Europe; UN; UNESCO;

Travel Guides:

Fodor's Travel; Lonely Planet; Rough Guide

News Resources:

News Agency

Show

Icenews;

Newspaper

Show

DV;

Radio

Show

Bylgjan;

RÚV;

Utvarp Saga 99,4;

Iceland

Government Website:	https://www.government.is/
Sovereign Ratings:	https://countryeconomy.com/ratings/iceland
Central Bank:	Central Bank of Iceland
Currency USD Exchange Rate:	127.05 Icelandic kronur (ISK) per US dollar (2020 est.)
Unemployment Rate:	3.62% (2019 est.)
Population below poverty line:	8.8% (2017 est.)
Inflation Rate:	3% (2019 est.)

Prime Lending Rate:	7% (2019 - World Bank)
GDP:	$19.962 billion (2021 est.)
GDP Pro Capita (PPP):	$53,600 (2021 est.)
Currency Name:	Iceland Krona
Currency Code:	ISK
World Bank Classification:	High-Income Economy

GDP Composition:

Agriculture:	5.9%	potatoes, carrots, green vegetables, tomatoes, cucumbers; mutton, chicken, pork, beef, dairy products; fish
Industry:	20.4%	tourism, fish processing; aluminum smelting;; geothermal power, hydropower; medical/pharmaceutical products
Services:	73.7%

Source: Central Intelligence Agency Factbook

Financial & Economic Organisations:

EBRD; FAO; IMF; International Labour Organization; OECD; Un Economic Commission for Europe; UNIDO; World Bank;

Financial & Economic Profiles:

Countryeconomy; EBRD; FAO; IMF; International Labour Organization; OECD; UNDP Human Development; World Bank;

Financial Exchanges:

Stock & Securities Exchange: Nasdaq Iceland ;

National Statistics Office:

Statistics Iceland;

National Dataset(s):

Focus Economics; Trading Economics;

Iceland

Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

Business Language(s):	English; Icelandic
Customs & Excise:	Directorate of Customs
Development Bank(s):	The Social Development Bank in Europe;
National Standards Bureau:	Icelandic Standards

Competitive Ind’l Performance: 26/141 (2019)	Corruption Perceptions Index: 14/180 (2022 Rank)
Ease of Doing Business: N/A	Enabling Trade Index: 19/136 (2016)
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