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Iceland
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  • 1. Bartłomiej NowakThree elements thatmake up the island:•RED - volcanic fires•WHITE - snow andicefields•BLUE – oceanssurrounding Iceland
  • 2. Geography
  • 3. Geography Part of Mid-Atlantic Ridge Boundary between both the Eurasian Plate and the North American Plate Westernmost European country Reykjavik – northernmost capital in the world
  • 4. Geography Capital – Reykjavik 198 000 (2009) Total country area – 103 000 sq km Coastline – 4 970 km Earthquakes and volcanic activity
  • 5. Historical background Norwegian and Celtic (Scots and Irishmen) immigrants settled in the late 9th century First democratic country in the World (Parliament established in 930 AD) Independent for over 300 years Ruled by Norway and Denmark
  • 6. Historical background Devastated economy in 1875 caused by fallout from Askja volcano 20% Iceland’s population left until 1900’s 1944 – fully independent country 1994 – joined the European Economic Area
  • 7. Society Population – 313 183 (July 2012 est.) Languages - Icelandic, English, Nordic languages and German Ethnic groups - mixture Norse and Celts 94%, others 6% Religion - Lutheran Church of Iceland (official) 80.7%, Roman Catholic 2.5%, Reykjavik Free Church 2.4%, unaffiliated 3%, other or unspecified 11.4%
  • 8. Economy Growth rate: 2.4% (2011)
  • 9. Economy GDP per capita: $38,000 (2011)
  • 10. Economy Public debt: 130.1% of GDP (2011)
  • 11. Economy Unemployment rate: 6.9% (2011)
  • 12. Economy Inflation rate - 4.5% (2011)
  • 13. Economy Exports: $5.3 billion (2011) Main exp. partners: Netherlands 33.9%, Germany 14.1%, UK 10.1%, Spain 4.7%, US 4.5%, Norway 4.3% (2010) Commodities: fish and fish products 40%, aluminum, animal products, ferrosilicon, diatomite
  • 14. Economy Imports: $4.495 billion (2011) Main imp. partners: Norway 9%, Brazil 8.7%, Netherlands 8.5%, US 8.1%, Germany 7.5%, Denmark 7%, China 6%, Finland 5.4%, Sweden 5.2%, UK 5.1% (2010) Commodities: machinery and equipment, petroleum products, foodstuffs, textiles
  • 15. Financial crisis 3 main banks collapsed Icelandic Krona declined amost 50% against US Dollar between 2007 – 2010 (from 63 to 122 ISK/$) Economic recession Lowered Ratings Market capitalization of Icelandic stock exchange dropped by 90%.
  • 16. Financial crisis Market capitalization of Icelandic stock exchange dropped by 90%.
  • 17. Military No standing military force. From 1951 defense was provided by US Army but they withdrawn in 2006. Wartime defense of Iceland remains to NATO. From 2008 Norway is providing aerial surveillance and defense of Iceland’s airspace.
  • 18. Facts about Iceland No surnames! Leifur Eriksson, Iceland Viking, was the first European man who land in North America. 500 years before Columbus. Geysir, the first geyser described in a printed sources. Eruptions at Geysir can hurl boiling water up to 70 metres in the air. In June, July and half of august the day is about 20 hours long. But of course during winter it’s completely conversely.
  • 19. Facts about Iceland Most of Icelanders know English language but the oldest people speak better Danish. Iceland is the world’s oldest democracy. Its parliament (Althingi) was founded about the year 930 AD. Icelandic water is so clean and pure that it is piped into the city and to the kitchen taps in the home without any treatment (no chlorination needed). Iceland has the longest-lived men.
  • 20. Facts about Iceland Urban Icelandic homes do not need a water heater or a furnace for heating. Steam and hot water are piped into the city from natural geysers and hot springs for use in homes and buildings. The weather in Iceland is not so cold as you might think. Average daytime temperature in Reykjavik is -1 degrees C. Despite that Coca-Cola is not national drink of Iceland. Consumption per capita is one of the highest in the world.
  • 21. Bibliography https://www.cia.gov http://www.islandia.org.pl http://bjork.pl/islandia/index.htm http://www.iceland.is http://www.statice.is http://www.danshort.com/iceland/icefacts.htm http://www.reuters.com http://icelandchronicles.com http://www.indexmundi.com