0)

Unemployment rate: 3.9% (December 1995)

Budget:
revenues: $1.9 billion
expenditures: $2.1 billion, including capital expenditures of $297
million (1994 est.)

Industries: fish processing, aluminum smelting, ferrosilicon
production, geothermal power

Industrial production growth rate: 1.75% (1991 est.)

Electricity:
capacity: 1,070,000 kW
production: 4.7 billion kWh
consumption per capita: 16,458 kWh (1993)

Agriculture: potatoes, turnips; cattle, sheep; fish catch of about
1.1 million metric tons in 1992

Exports: $1.6 billion (f.o.b., 1994)
commodities: fish and fish products, animal products, aluminum,
ferrosilicon, diatomite
partners: EC 68% (UK 25%, Germany 12%), US 11%, Japan 8% (1992)

Imports: $1.5 billion (c.i.f., 1994)
commodities: machinery and transportation equipment, petroleum
products, foodstuffs, textiles
partners: EC 53% (Germany 14%, Denmark 10%, UK 9%), Norway 14%, US
9% (1992)

External debt: $2.5 billion (1993 est.)

Economic aid: $NA

Currency: 1 Icelandic krona (IKr) = 100 aurar

Exchange rates: Icelandic kronur (IKr) per US$1 - 65.970 (January
1996), 64.692 (1995), 69.944 (1994), 67.603 (1993), 57.546 (1992),
58.996 (1991)

Fiscal year: calendar year

Transportation
--------------

Railways: 0 km

Highways:
total: 11,373 km
paved: 2,513 km
unpaved: 8,860 km (1992 est.)

Ports: Akureyri, Hornafjordur, Isafjordur, Keflavik, Raufarhofn,
Reykjavik, Seydhisfjordhur, Straumsvik, Vestmannaeyjar

Merchant marine:
total: 6 ships (1,000 GRT or over) totaling 30,025 GRT/40,410 DWT
ships by type: cargo 1, chemical tanker 1, oil tanker 1,
refrigerated cargo 1, roll-on/roll-off cargo 2 (1995 est.)

Airports:
total: 84
with paved runways over 3 047 m: 1
with paved runways 1 524 to 2 437 m: 3
with paved runways 914 to 1 523 m: 5
with paved runways under 914 m: 49
with unpaved runways 1 524 to 2 437 m: 4
with unpaved runways 914 to 1 523 m: 22 (1995 est.)

Communications
--------------

Telephones: 143,600 (1993 est.)

Telephone system: adequate domestic service
domestic: the trunk network consists of coaxial and fiber-optic
cables and microwave radio relay links
international: satellite earth stations - 2 Intelsat (Atlantic
Ocean), 1 Inmarsat (Atlantic and Indian Ocean Regions); note -
Iceland shares the Inmarsat earth station with the other Nordic
countries (Denmark, Finland, N