View stunning SlideShares in full-screen with the new iOS app!Introducing SlideShare for AndroidExplore all your favorite topics in the SlideShare appGet the SlideShare app to Save for Later — even offline
View stunning SlideShares in full-screen with the new Android app!View stunning SlideShares in full-screen with the new iOS app!
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
Geography Capital – Reykjavik 198 000 (2009) Total country area – 103 000 sq km Coastline – 4 970 km Earthquakes and volcanic activity
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
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
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%
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
Economy Imports: $4.495 billion (2011) Main imp. partners: Norway 9%, Brazil 8.7%, Netherlands 8.5%, US 8.1%, Germany 7.5%, Denmark 7%, China 6%, Finland 5.4%, Sweden 5.2%, UK 5.1% (2010) Commodities: machinery and equipment, petroleum products, foodstuffs, textiles
Financial crisis 3 main banks collapsed Icelandic Krona declined amost 50% against US Dollar between 2007 – 2010 (from 63 to 122 ISK/$) Economic recession Lowered Ratings Market capitalization of Icelandic stock exchange dropped by 90%.
Financial crisis Market capitalization of Icelandic stock exchange dropped by 90%.
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 From 1951 defense was provided by US Army but they withdrawn in 2006.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.
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.
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.
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.